Mtar Technologies share price
NSE: MTARTECHBSE: 543270Electrical EquipmentSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹6,800.00.
- Under NSE's long-term additional surveillance, stage III, on the list for 23 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹19,871 Cr423rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 29 Jul 2026
- 148.9
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 12 May 2026
- 24.2
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 29 Jul 2026
- 17.2%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 29 Jul 2026
- 16.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 12 May 2026
- 0.45
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,44,77659.0% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 29 Jul
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹361 Crup 17.86%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹50 Crup 13.42%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 13.9%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Sep 2024Filed 30 Oct | Dec 2024Filed 10 Feb | Mar 2025Filed 12 Jun | Jun 2025Filed 5 Aug | Sep 2025Filed 6 Nov | Dec 2025Filed 29 Jan | Mar 2026Filed 12 May | Jun 2026Filed 29 Jul |
|---|---|---|---|---|---|---|---|---|
| Revenue | 190 | 174 | 183 | 157 | 136 | 278 | 306 | 361 |
| Net profit | 19 | 16 | 14 | 11 | 4 | 35 | 44 | 50 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 9.9% | 9.2% | 7.5% | 6.9% | 3.1% | 12.5% | 14.5% | 13.9% |
Business segments
In the year to Mar 2026 the company reports one business segment, Operating Segment, which carries all its revenue.
Valuation
Today, against the company's own history.PE ratio and valuation history
At or below today's level on 80% of 1,164 trading days since Feb 2022.
At or below today's level on 92% of 1,240 trading days over the last 5 years.
At or below today's level on 89% of 1,164 trading days since Feb 2022.
At or below today's level on 73% of 1,240 trading days over the last 5 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +170.7% | +77.8% | +52.2% | 0.0% |
| 3 years | +29.9% | −3.1% | +34.1% | 0.0% |
| 5 years | +27.7% | +15.3% | +10.7% | 0.0% |
Mutual funds holding it
111 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 8 of the 32 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 19
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 15
- AddedAdded. Funds that held more shares than at the end of the month before.
- 22
- CutCut. Funds that held fewer shares than at the end of the month before.
- 10
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 44
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 6
| Fund | |||
|---|---|---|---|
 Nippon India Small Cap FundNippon India Mutual Fund | 9,54,732 | 0.92% | ₹744.4 Cr |
 HDFC Defence FundHDFC Mutual Fund | 7,50,000 | 5.09% | ₹584.8 Cr |
 HSBC Small Cap FundHSBC Mutual Fund | 4,00,486 | 1.69% | ₹312.3 Cr |
 Kotak Multi Asset Allocation FundKotak Mahindra Mutual Fund | 3,81,638 | 1.95% | ₹297.6 Cr |
 Sundaram Large and MidcapSundaram Mutual Fund | 3,51,434 | 3.84% | ₹274.0 Cr |
| Nippon India Growth Mid Cap FundNippon India Mutual Fund | 3,50,000 | 0.54% | ₹272.9 Cr |
 Franklin India Small Cap FundFranklin Templeton Mutual Fund | 3,07,735 | 1.68% | ₹239.9 Cr |
 Motilal Oswal Nifty India Defence Index FundMotilal Oswal Mutual Fund | 2,93,471 | 4.21% | ₹228.8 Cr |
| Motilal Oswal ELSS Tax Saver FundMotilal Oswal Mutual Fund | 2,71,151 | 4.32% | ₹211.4 Cr |
| Sundaram Small Cap FundSundaram Mutual Fund | 2,64,884 | 5.03% | ₹206.5 Cr |
Peers and competitors
Other Electrical Equipment, 84 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Mtar Technologies in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Waaree EnergiesWAAREEENER | 67,739 | – | 4.7 | 10.0 | +94.3% | – | – | 29.8% | 0.17% |
 Apar IndustriesAPARINDS | 60,208 | 51.0 | 11.2 | 27.9 | +24.0% | +34.0% | 23.9% | 31.9% | 0.42% |
 Premier EnergiesPREMIERENE | 38,736 | 23.3 | 9.0 | 15.8 | +26.7% | – | 46.7% | 27.2% | 0.09% |
 Diamond Power InfrastructureDIACABS | 18,842 | 95.9 | – | – | +92.6% | +416.5% | – | 12.2% | 0.00% |
 Emmvee Photovoltaic PowerEMMVEE | 16,336 | 11.5 | 3.7 | 8.1 | – | – | 53.1% | 33.4% | 0.42% |
 Avalon TechnologiesAVALON | 12,417 | 92.9 | 17.2 | 62.2 | +44.4% | +67.1% | 20.0% | 18.5% | 0.00% |
 Fujiyama Power SystemsUTLSOLAR | 11,111 | 37.8 | 8.7 | 17.9 | – | – | 23.1% | 33.3% | 0.00% |
 Genus Power InfrastructuresGENUSPOWER | 7,886 | 12.1 | 3.6 | 9.7 | +74.2% | +62.8% | 31.9% | 20.1% | 0.19% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.| Ex-date | Type | Per share |
|---|---|---|
| 21 Feb 2022 | Interim | ₹3.00 |
| 22 Jul 2021 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹3.00 |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
Sep 2026
21 Sep · Analysts
Mtar Technologies share price by year
Each calendar year to 2025.Mtar Technologies share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 2,416.70 | +45.7% | 2,696.90 | 1,228.55 |
| 2024 | 1,658.25 | −24.9% | 2,221.00 | 1,507.60 |
| 2023 | 2,208.30 | +36.5% | 2,814.00 | 1,499.70 |
| 2022 | 1,617.50 | −34.3% | 2,450.90 | 1,217.95 |
| 2021 | 2,463.05 | – | 2,463.05 | 895.50 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 6,600.00 | 6,659.50 | 6,460.00 | 6,460.00 | 6,473.01 | 1,44,776 | 59.0% |
| 22 Oct 2026 | 6,895.50 | 6,906.50 | 6,603.50 | 6,800.00 | 6,753.94 | 1,84,045 | 59.4% |
| 21 Oct 2026 | 7,180.00 | 7,216.00 | 6,819.50 | 6,932.00 | 6,872.75 | 2,60,583 | 53.6% |
| 19 Oct 2026 | 6,990.50 | 7,224.00 | 6,801.50 | 7,178.00 | 7,021.56 | 2,08,287 | 56.7% |
| 16 Oct 2026 | 7,052.00 | 7,135.00 | 6,924.50 | 7,054.50 | 7,007.72 | 1,78,513 | – |
| 15 Oct 2026 | 7,500.00 | 7,519.00 | 7,288.50 | 7,288.50 | 7,293.90 | 2,19,465 | – |
| 14 Oct 2026 | 7,700.00 | 7,777.00 | 7,616.00 | 7,672.00 | 7,687.01 | 51,395 | – |
| 13 Oct 2026 | 7,690.00 | 7,780.00 | 7,342.00 | 7,718.00 | 7,496.82 | 1,29,645 | – |
| 12 Oct 2026 | 7,790.00 | 7,893.00 | 7,560.00 | 7,697.00 | 7,714.08 | 61,415 | – |
| 9 Oct 2026 | 7,800.00 | 7,881.50 | 7,612.00 | 7,781.50 | 7,787.33 | 58,375 | – |
About Mtar Technologies
MTAR Technologies Limited develops and makes precision-engineered products for the clean energy, aerospace and defence sectors. Its domestic customers include the Nuclear Power Corporation of India Limited, the Indian Space Research Organisation, the Defence Research & Development Organisation and Hindustan Aeronautics Limited. It also supplies multinational corporations based in the US, UK, Europe and Israel.
The business is organised by sector. In civil nuclear power, it makes fuelling machine heads and fuel transfer systems for the core of civil nuclear reactors. In space, it makes liquid propulsion and cryogenic engine sub-systems for space launch vehicles. In defence, it makes actuator assemblies and aerostructures such as wing-kit assemblies. In clean energy, it supplies assemblies for solid oxide fuel cells and solid oxide electrolysers to a customer in the US, and fabricated structures such as draft tubes for hydropower and stator assemblies for wind energy. It has also entered oil and gas equipment manufacturing and data centre infrastructure solutions. A dedicated design cell develops products built to a customer's specification.
The company operates more than ten manufacturing facilities in Hyderabad, Telangana. It had 4467 employees, including third-party contract employees, as on 31 March 2026.
MTAR was established in 1969 by three founders, P. Ravinder Reddy, K. Satyanarayana Reddy and P. Jayaprakash Reddy, to meet the engineering needs of post-embargo India. It moved into solid oxide fuel cells nearly fifteen years ago. The company is managed by Parvat Srinivas Reddy, its Managing Director, and a team of technical and management professionals.
- Legal name
- Mtar Technologies Limited
- NSE symbol
- MTARTECH
- BSE code
- 543270
- ISIN
- INE864I01014
- Industry
- Electrical Equipment
- Listed
- Mar 2021
- Face value
- ₹10
- CIN
- L72200TG1999PLC032836
- Corporate identity number, the registrar of companies' code for it