Mtar Technologies Ltd. · NSE:MTARTECH
Mtar Technologies — Investor Presentation (October 2026)
35 slides from Mtar Technologies's investor presentation, Oct 30, 2026
Slide 1: MTAR Technologies Limited Investor Presentation – October 2026
MTAR Technologies Limited Investor Presentation – October 2026 Please click here for corporate video
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 MD’s Statement & Key Initiatives Quarterly Highlights & Business Updates New Product Development & Strategic Capacity Enhancement Annexure
Slide 4: Management Commentary
Management Commentary The Company has consistently focused on the indigenisation of critical technologies in strategic sectors, often building capabilities in high growth areas ahead of broader industry adoption. Over the past five decades, we have pioneered complex mechanical systems across sectors
Slide 5: Key Initiatives taken over the past 5 years
Key Initiatives taken over the past 5 years Addition of New Products in Civil Nuclear, Clean Energy and Aerospace & Defence Verticals • Added new products • In Clean Energy, • Successfully qualified first articles • Developed and successfully • More than 25% of the • The company has also like Fuel T
Slide 6: Quarterly Highlights & Business Updates
Quarterly Highlights & Business Updates Celebrating55 Years of Engineering Excellence
Slide 7: Sector: Clean Energy - Civil Nuclear Power
Sector: Clean Energy - Civil Nuclear Power Revenue (in Rs. Cr) Highlights 8% 11% 3% 3% 1% 61.9 43.8 23.6 • The company supplies critical fuel handling assemblies for the core of the reactor 18.4 • Recently, the company has received single largest order inflow of Rs. 504 Cr for the kaiga 5 & 6 projec
Slide 8: Sector: Aerospace & Defence
Sector: Aerospace & Defence Revenue (in Rs. Cr) Highlights 9% 7% 14% 12% 10% 103.8 93.2 80.2 64.5 58.7 • The company supplies liquid propulsion systems – Vikas Engine, Cryogenic Engine Upper Stage Assemblies, electro- pneumatic modules and critical structures for Launch Vehicles • It is also caterin
Slide 9: Sector: Clean Energy - Fuel Cells, Hydel & Others
Sector: Clean Energy - Fuel Cells, Hydel & Others Revenue (in Rs. Cr) Highlights 77% 61% 62% 70% 72% 615.4 554.7 441.7 416.9 351.2 • The company caters to multiple verticals within Clean Energy including Fuel Cells, Hydro Power and Wind Energy • In the Fuel Cells vertical, the Company supplies vario
Slide 10: Sector: Products & Others
Sector: Products & Others Revenue (in Rs. Cr) Highlights 4% 19% 22% 15% 16% 147.5 134.1 123.8 108.3 • The Company supplies box-build assemblies, import-substitute products such as ball screws and planetary roller screws, and various other products to customers across diverse sectors. • The Company h
Slide 11: Q2 & H1FY27 Financial Performance
Q2 & H1FY27 Financial Performance Revenue (in Rs. Cr) Gross Profit (Rs. Cr) EBIDTA (Rs. Cr) 51.2% 46.8% 52.8% 46.2% 12.5% 24.4% 15.5% 24.0% 767.5 354.5 184.2 406.8 190.3 154.3 99.2 292.2 135.6 69.4 45.4 17.0 Q2FY26 Q2FY27 H1FY26 H1FY27 Q2FY26 Q2FY27 H1FY26 H1FY27 Q2FY26 Q2FY27 H1FY26 H1FY27 PBT (Rs.
Slide 12: Q2FY27 Consolidated Profit & Loss Statement
Q2FY27 Consolidated Profit & Loss Statement Particulars (Rs. Cr) Q2 FY27 Q2 FY26 Y-o-Y Q1 FY27 Q-o-Q H1 FY27 H1 FY26 Y-o-Y Revenue from Operations 406.8 135.6 200.0% 360.7 12.8% 767.5 292.2 162.7% Cost of Materials Consumed 228.3 81.8 204.3 432.6 174.5 Changes in Inventories -11.9 -15.6 -7.8 -19.7 -
Slide 13: Consolidated Balance Sheet
Consolidated Balance Sheet EQUITY & LIABILITIES (Rs. Crs) Sep-26 Mar-26 ASSETS (Rs. Crs) Sep-26 Mar-26 Equity Share Capital 30.8 30.8 Property, Plant and Equipment 637.8 497.2 Other Equity 901.9 791.8 Capital Work-in-progress 112.9 34.4 Total Equity 932.7 822.6 Right-of-use assets 23.8 15.0 Financia
Slide 14: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Particulars (Rs in Cr) 30-Sep-26 30-Sep-25 Operating profit before working capital changes 187.4 47.7 Changes in working capital 195.0 0.6 Cash generated from operations 382.4 48.3 Direct taxes paid (net of refund) 32.4 8.5 Net Cash from Operating Activities (A) 350.
Slide 15: Revenue Outlook & Robust Order Book
Revenue Outlook & Robust Order Book Geographical Revenue Break-up (%) Order book Build-Up (Rs. in Cr) 25% 22% 374.0 5,976.5 1,207.2 Q2FY27 H1FY27 5,143.3 75% 78% Domestic Export Receipt of New Orders Diversified Order Book of Rs. 5,976.5 Cr as on 30th Sept 2026 11.1% 13.6% 7.2% Clean Energy- Civil N
Slide 16: Working Capital Management
Working Capital Management Net Working Capital (in Days) Particulars (Days) Q2FY27 Q1FY27 266 Receivables 68 82 172 161 Inventory 162 145 105 84 88 RM 107 89 56 60 55 50 WIP 55 56 3 -5 Current Liabilties 180 167 Dec-25 Mar-26 Jun-26 Sep-26 Other than WIP WIP Total Working Capital Days 16
Slide 17: New Product Development & Strategic Capacity Enhancement
New Product Development & Strategic Capacity Enhancement Celebrating55 Years of Engineering Excellence
Slide 18: Product Portfolio – Civil Nuclear Power
Product Portfolio – Civil Nuclear Power Nuclear Sector Products Shield Plug Liner Tube Sealing Plug Fuel Machining Head Grid Plate Bridge & Column Coolant Channel assemblies - Sealing Plug, Shielding Plug, End Fittings Drive Mechanisms Top hatch cover Comprises of more Used for resting the Moves fue
Slide 19: Pivotal Role in India’s PFBR Programme
Pivotal Role in India’s PFBR Programme • The recent achievement of criticality by the Prototype Fast Breeder Reactor (PFBR) marks a strategically significant milestone for India’s nuclear energy programme • MTAR has played a pivotal role in this prestigious programme, by supplying a majority of the
Slide 20: Product Portfolio – Aerospace and Defence
Product Portfolio – Aerospace and Defence Aerospace & Defence Sectors Components for Geosynchronous Satellite Launch Vehicle (GSLV) Engine components and sub assemblies, storage boxes, ground support equipment, housings, and various other products for MNC Aerospace programs Stage 4 – Inside Satellit
Slide 21: New Product Development – Aerospace & Defence
New Product Development – Aerospace & Defence Catering to Prestigious Programs in Domestic Defence MNC Aerospace Delivered first articles. Volume production is in progress for engine components, sub assemblies and other products Volume production underway for storage boxes. Qualification is in progr
Slide 22: Product Portfolio – Clean Energy
Product Portfolio – Clean Energy Clean Energy Sector Fuel Cells Data Centre Infrastructure Solutions Data Centre Hydro Power • Various products for Solid Oxide Fuel • Sheet metal components • Draft Tubes, Spiral casings, and Fuel Cells Cells Infrastructure and assemblies and Wind various other produ
Slide 23: Expansion & Diversification Plans – Clean Energy and Oil & Gas
Expansion & Diversification Plans – Clean Energy and Oil & Gas Setting Up of Green Field Facility to Cater to Oil & Gas and Setting Up New Facility to support Phase 3 Expansion of Clean Phase 2 Expansion of Clean Energy – Fuel Cells Energy – Fuel Cells • In Clean Energy – Fuel Cells, the Company is
Slide 24: Expansion & Diversification Plans – Data Centre infrastructure solutions
Expansion & Diversification Plans – Data Centre infrastructure solutions Setting up of dedicated manufacturing facility for Data Centre Infrastructure Solutions Setting up of dedicated manufacturing facility for Data Centre Infrastructure Solutions The facility is being developed to The Company has
Slide 25: New Customers added over the past 2-3 years
New Customers added over the past 2-3 years Clean Energy – Data Center Clean Energy – Hydro Power, MNC Aerospace Oil & Gas and Others Infrastructure Solutions Wind Energy and Others Updates The company has received Rs. 45 Cr of orders from SLB to supply components and assemblies for data center infr
Slide 26: Strategic Priorities
Strategic Priorities Drive Operational Excellence Maintain Capital Discipline • Improve productivity and execution efficiency through • Pursue prudent capital allocation by prioritising opportunities process optimization and digitalization initiatives. across various sectors with strong growth poten
Slide 27: Annexure
Annexure Celebrating55 Years of Engineering Excellence
Slide 28: Historical Consolidated Profit & Loss Statement
Historical Consolidated Profit & Loss Statement Particulars (Rs. Cr) FY26 FY25 FY24 FY23 Revenue from Operations 876.2 676.0 580.8 573.8 Cost of Materials Consumed 503.5 349.5 318.4 315.6 Changes in Inventories of Finished Goods and Work in Progress -45.1 -7.6 -16.0 -46.1 Gross Profit 417.8 334.1 27
Slide 29: Historical Balance Sheet – Equity & Liabilities
Historical Balance Sheet – Equity & Liabilities EQUITY & LIABILITIES (Rs. Cr) Mar-26 Mar-25 Mar-24 Mar-23 Equity Share Capital 30.8 30.8 30.8 30.8 Other Equity 791.8 698.2 645.6 589.4 Total Equity 822.6 728.9 676.3 620.1 Financial Liabilities (i) Borrowings 147.7 81.1 97.0 77.7 (ii) Lease liabilitie
Slide 30: Historical Balance Sheet - Assets
Historical Balance Sheet - Assets ASSETS (Rs. Cr) Mar-26 Mar-25 Mar-24 Mar-23 Property, Plant and Equipment 497.2 436.1 339.8 290.2 Capital Work-in-progress 34.4 53.2 72.9 64.4 Right-of-use assets 15.0 0.0 0.0 0.0 Intangibles Assets 2.1 2.5 0.7 0.8 Financial Assets (i) Investments 0.0 0.0 0.0 0.0 (i
Slide 31: Abridged Consolidated Cash Flow Statement
Abridged Consolidated Cash Flow Statement Particulars (Rs in Cr) 31-Mar-26 31-Mar-25 31-Mar-24 31-Mar-23 Net Cash Flow from Operating Activates Operating profit before working capital changes 179.8 123.6 115.8 168.8 25.3% Changes in working capital 41.9 -8.9 -37.2 -129.1 196.9 Cash generated from op
Slide 32: Performance in Charts
Performance in Charts Revenues (Rs. Cr) EBITDA (Rs. Cr) PAT (Rs. Cr) +15% +4% -3% 876.2 171.2 103.4 154.0 94.0 676.0 573.8 580.8 112.7 120.9 56.1 53.4 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Gross Profit Margins (%) EBITDA Margins (%) PAT Margins (%) 53.0% 26.8% 18.0% 47.9% 49.4%
Slide 33: Capital Disciplined Growth
Capital Disciplined Growth RoCE* (%) RoE# (%) Debt to Equity (x) 24.1% 18.1% 0.45 17.2% 12.1% 0.28 0.24 12.5% 0.23 11.4% 8.7% 7.5% Mar-23 Mar-24 Mar-25 Mar-26 Mar-23 Mar-24 Mar-25 Mar-26 Mar-23 Mar-24 Mar-25 Mar-26 *RoCE = EBIT/Avg. Capital Employed #RoE = Net Profit/Avg. Total Equity Capital Employ
Slide 34: Ownership Structure
Ownership Structure Stock Information 23.5% NSE Scrip Code MTARTECH 29.4% BSE Scrip Code 543270 22.4% Outstanding Shares 3,07,59,591 24.8% M-cap (Cr) as on 30th Sept 2026 23,886 Promoters FIIs DIIs Public Top Shareholders Shareholding Pattern Dec-25 Mar-26 Jun-26 Sept-26 Nippon Life India Trustee Lt
Slide 35: Thank You
COMPANY : INVESTOR RELATIONS ADVISORS : MTAR Technologies Limited MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG CIN: L72200TG1999PLC032836 Pension & Market Services Ms. Srilekha Jasthi Head,- Strategy & Investor Relations Ms. Vidhi Vasa Vidhi.vasa@in.mpms.muf
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