Slide 1: MTAR Technologies Limited
MTAR Technologies Limited Please click here for corporate video Investor Presentation – May 2025
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 Q4 FY25 Financial Snapshot Working Capital Management Well Balanced Portfolio Q4 FY25 & FY 25 Financial Performance
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. 720.11 Cr of orders in this fiscal year in various sectors including Clean Energy – Civil Nuclear 1,030.0 126.0 176.7 979.4 Power, Fuel cells and Hydro Power, Aerospace & Defence, P
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 • Commenced batch production Clean Energy – Hydro Power, Wind Energy of new products for GKN and Others Aerospace, Rafae
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 FAIs for Weatherford • Dispatched proto valves to • Completed the execution of • Entered into long-term • Execution of first Navy proto 1 agreement with IAI articles for Weatherford • The compa
Slide 7: Q4 FY25 & FY25 Financial Performance
Q4 FY25 & FY25 Financial Performance Revenues (Rs. Crs) Gross Profit (Rs. Crs) EBIDTA (Rs. Crs) 45.3% 52.3% 47.9% 49.4% 12.7% 18.7% 19.4% 17.9% 676.0 580.8 334.1 120.9 112.7 278.4 143.0 183.1 95.7 34.2 64.8 18.2 Q4 FY24 Q4 FY25 FY24 FY25 Q4 FY24 Q4 FY25 FY24 FY25 Q4 FY24 Q4 FY25 FY24 FY25 PBT (Rs. C
Slide 8: Working Capital Management
Working Capital Management Net Working Capital (in Days) Particulars (Days) Q4FY25 Q3FY25 300 277 Receivables 113 97 247 250 229 222 200 Inventory 186 186 161 160 150 133 139 116 RM 96 97 100 87 89 90 WIP 90 89 50 0 Jun-24 Sep-24 Dec-24 Mar-25 Payables 77 71 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, Aerospace & Defence Hydro Power & Others Power 14% 8% 11% 3% 1% 15% 9% 7% 14% 18% 63% 77% 61% 62% 60% 61.9 93.2 441.7 416.9 351.2 45.7 43.8 64.5 56.4 58.7 201.6 33.1 18.4 109.7 2.6 FY22 FY23 FY24
Slide 10: Well-balanced Portfolio (2/2)
Well-balanced Portfolio (2/2) Revenue in Rs. Crs Products & Others Geographical Break-up 6% 4% 19% 22% 21% Domestic Export 147.5 20% 36% 108.3 64% 80% 37.7 23.7 18.3 Q4FY25 FY25 FY22 FY23 FY24 FY25 Q4FY25 10
Slide 11: Q4 FY25 & FY25 Consolidated Profit & Loss Statement
Q4 FY 25 & FY25 Consolidated Profit & Loss Statement Particulars (Rs. Crs) Q4 FY25 Q4 FY24 Y-o-Y Q3 FY25 Q-o-Q FY25 FY24 Y-o-Y Revenue from Operations 183.1 143.0 28.1% 174.5 4.9% 676.0 580.8 16.4% Cost of Materials Consumed 95.7 81.6 96.0 349.5 318.4 Changes in Inventories -8.3 -3.4 -8.2 -7.6 -16.0
Slide 12: Consolidated Balance Sheet FY25
Consolidated Balance Sheet FY 25 EQUITY & LIABILITIES (Rs. Crs) Mar-25 Mar-24 ASSETS (Rs. Crs) Mar-25 Mar-24 Equity Share Capital 30.8 30.8 Property, Plant and Equipment 436.1 339.8 Other Equity 698.2 645.6 Capital Work-in-progress 53.2 72.9 Total Equity 728.9 676.3 Intangibles Assets 2.5 0.7 Financ
Slide 13: Consolidated Cash Flow Statement FY25
Consolidated Cash Flow Statement FY 25 Particulars (Rs in Cr) 31-Mar-25 31-Mar-24 Operating profit before working capital changes 123.6 115.8 Changes in working capital -8.9 -37.2 Cash generated from operations 114.7 78.7 Direct taxes paid (net of refund) -13.4 -21.3 Net Cash from Operating Activiti
Slide 14: Annexure
Building Nation with Exceptional Engineering Annexure
Slide 15: 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 16: Historical Consolidated Profit & Loss Statement
Historical Consolidated Profit & Loss Statement Particulars (Rs. Crs) FY25 FY24 FY23 FY22 Revenue from Operations 676.0 580.8 573.8 322.0 Cost of Materials Consumed 349.5 318.4 315.6 157.4 Changes in Inventories of Finished Goods and Work in Progress -7.6 -16.0 -46.1 -41.2 Gross Profit 334.1 278.4 3
Slide 17: Historical Balance Sheet – Equity & Liabilities
Historical Balance Sheet – Equity & Liabilities EQUITY & LIABILITIES (Rs. Crs) Mar-25 Mar-24 Mar-23 Mar-22 Equity Share Capital 30.8 30.8 30.8 30.8 Other Equity 698.2 645.6 589.4 489.0 Total Equity 728.9 676.3 620.1 519.7 Financial Liabilities Borrowings 81.1 97.0 77.7 25.9 Provisions 4.7 2.6 2.6 0.
Slide 18: Historical Balance Sheet - Assets
Historical Balance Sheet - Assets ASSETS (Rs. Crs) Mar’25 Mar’24 Mar-23 Mar-22 Property, Plant and Equipment 436.1 339.8 290.2 195.4 Capital Work-in-progress 53.2 72.9 64.4 43.8 Intangibles Assets 2.5 0.7 0.8 1.0 Financial Assets (i) Investments 0.0 0.0 0.0 0.0 (iii) Other Financial Assets 4.5 2.6 2
Slide 19: Abridged Consolidated Cash Flow Statement
Abridged Consolidated Cash Flow Statement Net Cash Flow from Operating Particulars (Rs in Cr) 31-Mar-25 31-Mar-24 31-Mar-23 31-Mar-22 Activates CFO/Revenue from Operation Operating profit before working capital changes 123.6 115.8 168.8 96.1 101.3 Changes in working capital -8.9 -37.2 -129.1 -108 Ca
Slide 20: Performance in Charts
Performance in Charts Revenues (Rs. Crs) EBITDA (Rs. Crs) PAT (Rs. Crs) 676.0 154.0 103.4 573.8 580.8 112.7 120.9 94.4 60.9 56.1 322.0 52.9 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 Gross Profit Margins (%) EBITDA Margins (%) PAT Margins (%) 63.9% 29.3% 18.9% 18.0% 26.8% 53.0% 49.4
Slide 21: Capital Disciplined Growth
Capital Disciplined Growth RoCE* (%) RoE# (%) Debt to Equity (x) 19.9% 18.2% 0.28 0.24 0.23 14.2% 11.7% 0.18 10.6% 9.7% 8.7% 7.7% Mar-22 Mar-23 Mar-24 Mar-25 Mar-22 Mar-23 Mar-24 Mar-25 Mar-22 Mar-23 Mar-24 Mar-25 Return on capital employed= Earning before interest and taxes/ (Share holders funds+Bo
Slide 22: 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 Irfan.raeen@in.mpms.mufg.com Mr. Parth Patel Parth.patel@in.mpms.mufg.com MUFG Intime India Private Limited A part of MUFG Corporat