MTAR Technologies Ltd. (MTARTECH) AI Stock Analysis

• Market Cap: ₹45.03B
• Dividend Yield: N/A
• Average Volume (3M): 7.92K
• Price to Earnings (P/E): 76.0
• Beta (1Y): 1.15
• Revenue Growth: 26.57%
• EPS Growth: 47.42%
• Country: IN
• Employees: 1,111
• Sector: Technology
• Sector Strength: 97
• Industry: Industrial - Machinery
• EPS (TTM): 3.50
• Shares Outstanding: 30,759,590
• 10 Day Avg. Volume: 15,643
• 30 Day Avg. Volume: 7,916
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,586.00
• Price Target Upside: 8.34% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 63 Neutral
• Price Target: ₹1,586.00 ▲(8.34% Upside)

MTAR Technologies Ltd. shows strong financial performance with consistent revenue growth and profitability, which is the most significant factor in its score. However, technical indicators suggest bearish momentum, and the high P/E ratio indicates overvaluation, which negatively impacts the overall score.

MTAR Technologies Ltd. Business Overview & Revenue Model

Company Description

MTAR Technologies Ltd. (MTARTECH) is an India-based precision engineering solutions company that serves sectors such as aerospace, defense, clean energy, and nuclear. The company specializes in the manufacture of mission-critical precision components with a high level of engineering expertise. MTARTECH provides a wide range of high-complexity products including assemblies, sub-assemblies, and precision manufacturing components tailored to meet the specific requirements of its clients.

How the Company Makes Money

MTAR Technologies Ltd. generates revenue primarily through the manufacturing and supply of precision engineering components and assemblies to various sectors such as aerospace, defense, and clean energy. The company engages in long-term contracts with both domestic and international clients, ensuring a steady flow of income. Key revenue streams include the sale of critical components for satellites and rockets, nuclear power plant components, and clean energy systems. MTARTECH also benefits from strategic partnerships and collaborations with renowned organizations in the aerospace and defense sectors, which contribute significantly to its earnings. The company's emphasis on research and development, along with its ability to innovate and adapt to industry needs, further strengthens its revenue model.

MTAR Technologies Ltd. Financial Statement Overview

Summary

MTAR Technologies Ltd. has demonstrated strong revenue growth and profitability with impressive EBIT and EBITDA margins. The balance sheet reflects financial stability despite increased debt levels, and cash flow has improved, although volatility remains a concern.

Income Statement

MTAR Technologies Ltd. has demonstrated strong revenue growth with a substantial increase in total revenue from 2020 to 2025. The company maintains a healthy gross profit margin and a stable net profit margin despite slight fluctuations. The EBIT and EBITDA margins are impressive, indicating efficient operational management and profitability.

Balance Sheet

The balance sheet reflects a robust equity position, with a solid equity ratio indicating financial stability. The debt-to-equity ratio is manageable, although there has been an increase in total debt over the years. Return on equity remains strong, showcasing the company's ability to generate returns from its equity base.

Cash Flow

Cash flow analysis indicates improvement with positive free cash flow in the most recent year, turning around from previous negative figures. The operating cash flow to net income ratio shows healthy cash generation capability, although free cash flow growth has been volatile, reflecting fluctuations in capital expenditures and operating activities.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	6.81B	5.81B	5.74B	3.16B	2.44B
Gross Profit	3.39B	2.78B	2.97B	863.13M	769.82M
EBITDA	1.26B	1.15B	1.73B	997.85M	814.82M
Net Income	528.87M	561.13M	1.03B	608.74M	460.66M
Balance Sheet
Total Assets	11.30B	10.08B	10.63B	7.28B	5.86B
Cash, Cash Equivalents and Short-Term Investments	169.24M	508.35M	586.98M	818.09M	319.04M
Total Debt	1.77B	1.91B	1.43B	958.93M	169.77M
Total Liabilities	4.01B	3.31B	4.43B	2.08B	1.10B
Stockholders Equity	7.29B	6.76B	6.20B	5.20B	4.77B
Cash Flow
Free Cash Flow	9.41M	-367.85M	-1.01B	-1.21B	-142.18M
Operating Cash Flow	1.01B	573.92M	74.07M	-298.02M	86.10M
Investing Cash Flow	-1.03B	-556.49M	-867.15M	-1.45B	-221.45M
Financing Cash Flow	-358.37M	252.53M	319.91M	540.60M	1.80B

MTAR Technologies Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1463.85
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MTARTECH, the sentiment is Negative. The current price of 1463.85 is below the 20-day moving average (MA) of 1510.01, below the 50-day MA of 1593.44, and below the 200-day MA of 1549.05, indicating a bearish trend. The MACD of -20.87 indicates Negative momentum. The RSI at 45.94 is Neutral, neither overbought nor oversold. The STOCH value of 42.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MTARTECH.

MTAR Technologies Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AVALON	66 Neutral	₹58.82B	73.17		―	46.95%	326.06%
APOLLO	65 Neutral	₹62.59B	86.12		0.03%	49.19%	51.32%
AXISCADES	64 Neutral	₹51.16B	65.92		―	7.92%	111.23%
MTARTECH	63 Neutral	₹45.03B	75.97		―	26.57%	47.42%
Sector *	63 Neutral	€2.32B	20.54	4.63%	2.75%	5.30%	-63.21%
STLTECH	60 Neutral	₹61.24B	―		1.10%	-8.29%	61.61%
OPTIEMUS	58 Neutral	₹49.74B	77.34		―	23.71%	11.49%

MTAR Technologies Ltd. Corporate Events

MTAR Technologies Announces Key Re-Appointments to Strengthen Governance

MTAR Technologies Ltd. has announced several key re-appointments subject to shareholder approval, including the re-appointment of M/s. S.R. Batliboi & Associates LLP as Statutory Auditors and the continuation of Mr. Venkatasamy Gnana Sekaran as a Non-Executive and Independent Director beyond the age of 75. These re-appointments are part of the company’s ongoing governance and management strategy, ensuring continuity and stability in its leadership and oversight functions. The announcement reflects MTAR’s commitment to maintaining a robust governance structure, which is crucial for its operations in highly regulated industries.