Shares of MTAR Technologies Ltd, which is a manufacturer of precision components, were trading 1% higher on 9 June after the company announced bagging three orders worth Rs 19.2 crore in the clean energy and aerospace industries.

MTAR Technologies announced in a stock exchange statement that the three orders were secured from existing clients, which are as follows: 

1. Bloom Energy Corporation, an international client, has placed the first order worth roughly Rs 13.84 crore.  It will be completed by January 2026.
2. The second domestic order, worth Rs 1.38 crore, was received from ISRO and is slated to be completed by May 2026.
3. Sanmina-SCI India Private Ltd. received a third order of Rs 3.98 crores, which would be executed by July 2025.

All three orders are part of the company’s usual activities.

MTAR Technologies reported a 16.4% year-on-year growth in revenue for the full fiscal year 2025 to Rs 676 crore, falling short of its expected Rs 725 crore.

The company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) for the year were Rs 120.9 crore, up 7.2% from the previous year. However, the EBITDA margin decreased by 150 basis points to 17.9%, down from 19.4% in FY24 and below the company’s objective of 21%.

The company performed well in the March quarter, increasing revenue by 28%, nearly doubling EBITDA, and expanding margins by 600 basis points. The net earnings for the quarter nearly tripled year over year.

At 3:27 pm, the shares of MTAR Technologies were trading 0.19% higher at Rs 1,774 on NSE.

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