Slide 1: MTAR Technologies Limited Investor Presentation
MTAR Technologies Limited Please click here for corporate video Investor Presentation – February October 2025 2024
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by MTAR Technologies Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any sec
Slide 3: A leader in critical and differentiated engineered products
A leader in critical and differentiated engineered products Strong Order Book Position Q3 FY25 Financial Snapshot Working Capital Management Well Balanced Portfolio Q3 FY25 Financial Performance ESG Experienced Board of Directors & Well Qualified Management Team
Slide 4: Strong Order book Position
Strong Order book Position Receipt of Major New Orders Order book Build-Up (Rs. in Crs) Existing Business Received Rs. 620.9 Cr of orders in this fiscal year in various 1030.0 sectors including Clean Energy – Civil Nuclear Power, Fuel 169.0 cells and Hydel, Space, Defence, Products and others by end
Slide 5: New Customers added over the past 2-3 years
New Customers added over the past 2-3 years MNC Aerospace Clean Energy – Battery Storage Systems Updates • First articles execution is in progress for Fluence, Weatherford and IAI Clean Energy – Hydro Power, Wind Energy • Commenced batch production and Others for GKN Aerospace and Thales Oil & gas t
Slide 6: New Product Development – First Articles Under Progress
New Product Development – First Articles Under Progress Valves Proto Units for Fluence Proto Units for IAI 1st Articles for Weatherford • First articles of valves for • Received Rs. 2.7 Crs • Entered into long-term • First articles for naval programs shall be worth orders for 2 proto agreement with
Slide 7: Q3 & 9M FY25 Financial Performance
Q3 & 9M FY25 Financial Performance Revenues (Rs. Crs) Gross Profit (Rs. Crs) EBIDTA (Rs. Crs) 51.9% 49.7% 48.8% 48.4% 20.2% 19.1% 21.6% 17.6% 492.9 437.8 238.4 94.5 213.6 86.7 174.5 86.7 33.3 118.4 61.4 23.9 Q3 FY24 Q3 FY25 9M FY24 9M FY25 Q3 FY24 Q3 FY25 9M FY24 9M FY25 Q3 FY24 Q3 FY25 9M FY24 9M F
Slide 8: Working Capital Management
Working Capital Management Net Working Capital (in Days) Particulars (Days) Q3FY25 Q2FY25 300 277 252 Receivables 97 120 247 250 222 200 Inventory 186 186 161 160 151 150 133 116 RM 97 99 101 100 87 89 WIP 89 87 50 0 Mar-24 Jun-24 Sep-24 Dec-24 Payables 71 55 Other than WIP WIP Total Working Capital
Slide 9: Well-balanced Portfolio (1/2)
Well-balanced Portfolio (1/2) Revenue in Rs. Crs Clean Energy – Civil Nuclear Clean Energy – Fuel Cells, Space Hydel & Others Power 14% 8% 11% 3% 2% 15% 9% 7% 10% 8% 63% 77% 61% 62% 66% 61.9 49.4 441.7 48.3 47.9 39.0 351.2 45.7 43.8 307.3 201.6 14.4 114.8 15.8 2.8 FY22 FY23 FY24 9MFY25 Q3FY25 FY22 F
Slide 10: Well-balanced Portfolio (2/2)
Well-balanced Portfolio (2/2) Revenue in Rs. Crs Geographical Break-up Defence Products & Others Domestic Export 3% 3% 3% 2% 2% 6% 4% 19% 22% 22% 21% 19.7 108.3 109.7 79% 15.1 12.2 Q3FY25 8.1 21% 38.6 3.8 23.7 18.3 79% FY22 FY23 FY24 9MFY25 Q3FY25 FY22 FY23 FY24 9MFY25 Q3FY25 9MFY25 10
Slide 11: Q3 FY25 Consolidated Profit & Loss Statement
Q3 FY25 Consolidated Profit & Loss Statement Particulars (Rs. Crs) Q3 FY25 Q3 FY24 Y-o-Y Q2 FY25 Q-o-Q 9MFY25 9MFY24 Y-o-Y Revenue from Operations 174.5 118.4 47.4% 190.2 -8.3% 492.9 437.8 12.6% Cost of Materials Consumed 96.0 59.1 88.2 253.8 236.9 Changes in Inventories -8.2 -2.1 11.7 0.7 -12.7 Gro
Slide 12: ESG as an integral part of Business Decision Making
ESG as an integral part of Business Decision Making • MTAR envisions to be 100% ESG complaint; ESG is an integral part of our business decision making process • Nearly 85% of the Company’s revenue in FY 23 is derived from manufacturing climate positive products in Civil Nuclear Power, Fuel Cells, Hy
Slide 13: Supported by an Experienced Board of Directors
Supported by an Experienced Board of Directors Parvat Srinivas Reddy Managing Director and Promoter • 32+ years of rich work experience in Manufacturing and Construction industries • Master’s degree in science, specializing in industrial engineering from Krishna Kumar Aravamudan Louisiana Tech Unive
Slide 14: Experienced and Qualified Management Team
Experienced and Qualified Management Team Parvat Srinivas Reddy - Managing Director and Promoter Arun Ojha , Chief Commercial Officer Entrusted with the overall responsibility of management Responsible for heading the Business Development and MNC supply chain in 32+ years of rich work experien
Slide 15: Annexure
Building Nation with Exceptional Engineering Annexure
Slide 16: A leader in critical and differentiated engineered products
A leader in critical and differentiated engineered products Historical Profit & Loss Consolidated Balance Sheet Abridged Cash Flow Statement Performance in Charts Capital Disciplined Approach
Slide 17: Historical Consolidated Profit & Loss Statement
Historical Consolidated Profit & Loss Statement Particulars (Rs. Crs) FY24 FY23 FY22 FY21 Revenue from Operations 580.8 573.8 322.0 246.4 Cost of Materials Consumed 318.4 315.6 157.4 101.8 Changes in Inventories of Finished Goods and Work in Progress -16.0 -46.1 (41.2) (21.6) Gross Profit 278.4 304.
Slide 18: Historical Balance Sheet – Equity & Liabilities
Historical Balance Sheet – Equity & Liabilities EQUITY & LIABILITIES (Rs. Crs) Mar-24 Mar-23 Mar-22 Mar-21 Equity Share Capital 30.8 30.8 30.8 30.8 Other Equity 645.6 589.4 489.0 446.0 Total Equity 676.3 620.1 519.7 476.7 Financial Liabilities Borrowings 97.0 77.7 25.9 7.1 Provisions 2.6 2.6 0.4 0.4
Slide 19: Historical Balance Sheet - Assets
Historical Balance Sheet - Assets ASSETS (Rs. Crs) Mar’24 Mar-23 Mar-22 Mar-21 Property, Plant and Equipment 339.8 290.2 195.4 166.1 Capital Work-in-progress 72.9 64.4 43.8 10.5 Intangibles Assets 0.7 0.8 1.0 0.9 Financial Assets (i) Investments 0.0 0.0 0.0 0.0 (iii) Other Financial Assets 2.6 2.2 2
Slide 20: Abridged Consolidated Cash Flow Statement
Abridged Consolidated Cash Flow Statement Net Cash Flow from Operating Particulars (Rs in Cr) 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 Activates Operating profit before working capital changes 115.83 168.8 96.1 82.0 CFO/Revenue from Operation Changes in working capital (37.2) (129.1) (108) (61.7) 57.
Slide 21: Performance in Charts
Performance in Charts Revenues (Rs. Crs) EBITDA (Rs. Crs) PAT (Rs. Crs) +33% +11% +7% 573.8 580.8 154.0 103.4 112.7 322.0 94.4 60.9 56.1 83.1 246.4 46.1 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 Gross Profit Margins (%) EBITDA Margins (%) PAT Margins (%) 67.5% 63.9% 33.7% 18.7% 18.
Slide 22: Capital Disciplined Growth
Capital Disciplined Growth RoCE* (%) RoE# (%) Debt to Equity (x) 19.9% 18.2% 0.28 19.0% 0.23 14.2% 13.1% 12.5% 11.7% 0.18 8.7% 0.03 Mar-21 Mar-22 Mar-23 Mar-24 Mar-21 Mar-22 Mar-23 Mar-24 Mar-21 Mar-22 Mar-23 Mar-24 *RoCE = EBIT/Avg. Capital Employed #RoE = Net Profit/Avg. Total Equity Capital Emplo
Slide 23: Thank You
Thank You MTAR Technologies Limited CIN: L72200TG1999PLC032836 Ms. Srilekha Jasthi – Head, Strategy & Investor Relations +91 76740 21818 srilekha@mtar.in Mr. Irfan Raeen +91 9773778669 Irfan.raeen@linkintime.co.in Mr. Parth Patel +91 98197 85972 Parth.patel@linkintime.co.in