MTAR Technologies' Q1 FY 2025-26 Quarter Results

Result Summary

• MTAR Technologies Ltd reported a 9.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 22.1%.
• Its expenses for the quarter were up by 4.6% QoQ and 16.2% YoY.
• The net profit increased 122.0% QoQ and increased 144.0% YoY.
• The earnings per share (EPS) of MTAR Technologies Ltd stood at 3.5 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

MTAR Technologies Ltd is a prominent player in the precision engineering industry, known for its expertise in manufacturing critical components for various sectors including aerospace, defense, and energy. The company is recognized for its high-quality products and services, which include complex assemblies and sub-assemblies. MTAR Technologies has a strong presence in the domestic market and is gradually expanding its footprint globally. The company is known for its focus on innovation and technology, which has helped it maintain a competitive edge. Recent developments include efforts to enhance production capabilities and expand product offerings to meet the growing demand in its sectors of operation.

Revenue

For the first quarter of fiscal year 2026 (Q1FY26), MTAR Technologies Ltd reported a total income of ₹157.19 crores. This represents a 9.7% increase from the ₹143.35 crores reported in the previous quarter (Q4FY25) and a 22.1% rise compared to the ₹128.79 crores recorded in the same quarter of the previous year (Q1FY25). This upward trend in total income reflects the company's consistent growth trajectory over both the quarter-over-quarter (QoQ) and year-over-year (YoY) periods. The increase in revenue can be attributed to various factors, including increased demand for the company's precision engineering solutions and possibly expanded market reach.

Profitability

MTAR Technologies Ltd displayed significant improvement in profitability for Q1FY26. The profit before tax (PBT) for the quarter stood at ₹14.81 crores, which is a substantial rise of 106.0% from ₹7.19 crores in Q4FY25 and a remarkable 138.5% increase from ₹6.21 crores in Q1FY25. Following tax provisions, the profit after tax (PAT) for Q1FY26 was ₹10.81 crores, demonstrating a 122.0% rise from ₹4.87 crores in the preceding quarter and a 144.0% increase from ₹4.43 crores in the corresponding quarter of the previous fiscal year. These figures underline the company's robust financial performance and efficient cost management strategies during this period.

Operating Metrics

In terms of operating metrics, MTAR Technologies Ltd reported total expenses of ₹142.39 crores for Q1FY26, which marks a 4.6% increase from ₹136.16 crores in Q4FY25 and a 16.2% rise from ₹122.58 crores in Q1FY25. The company's tax obligations also saw an increase, with the tax amounting to ₹4.00 crores for Q1FY26, reflecting a 72.4% rise QoQ and a 124.7% increase YoY. Additionally, the earnings per share (EPS) for Q1FY26 were ₹3.50, a significant increase of 118.7% from ₹1.60 in Q4FY25 and a 150.0% rise from ₹1.40 in Q1FY25. These metrics indicate a strong financial position with enhanced shareholder value over the assessed periods.