MTAR Technologies Limited has informed the stock exchanges that it has received an amended purchase order worth USD 41.17 million (approximately ₹370.56 Crores) from an existing international customer, with an incremental order value of USD 10.29 million (₹92.64 Crores) over the earlier order of USD 30.88 million (₹271.75 Crores) disclosed in November 2025.​

Details of the Notice

The company disclosed this revised order under SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, 2018, read with the SEBI master circular dated 11-Nov-2024. The amended order is for the same existing customer and is part of the company’s regular business, with execution scheduled by Q2 FY27. MTAR has not disclosed the customer’s name due to confidentiality agreements, and the order is not classified as a related party transaction.​

About MTAR Technologies

MTAR Technologies is a leading precision engineering and manufacturing company based in Hyderabad, serving mission-critical sectors like Clean Energy (Civil Nuclear Power, Fuel Cells, Hydel), Space, and Defence. The company is a key supplier to strategic Indian organisations such as ISRO, DRDO, NPCIL, HAL, and global OEMs like Bloom Energy and Rafael. In 2025, MTAR has bagged several large orders, including a ₹386 crore clean energy order from Bloom Energy and a ₹194 crore order from MEIL for nuclear power components, highlighting strong order inflow across its core sectors.​

Revenue & Profit Growth (Q4 FY25)

MTAR Technologies’ latest audited consolidated results for Q4 FY25 (ended March 31, 2025) show strong year-on-year growth, though a sequential dip in profit after tax. Revenue from operations stood at ₹183.1 Crores, up 28.1% YoY from ₹143.0 Crores in Q4 FY24, but up only 4.9% QoQ from ₹174.5 Crores in Q3 FY25. Profit after tax was ₹13.7 Crores, a massive 182.7% YoY jump from ₹4.9 Crores, but down 13.9% QoQ from ₹16.0 Crores in Q3 FY25.​

For FY25 as a whole, revenue grew 16.4% YoY to ₹676.0 Crores, while PAT declined 5.7% YoY to ₹52.9 Crores, reflecting margin pressure despite healthy top-line growth. Among investors, MTAR is held by prominent institutions like Nippon India Growth Fund (6.74%) and several mutual funds, with promoter holding around 31.4% as of late 2025.​

Financial Result Analysis (Q4 FY25)