MTAR Technologies Ltd
MTARTECHMTAR Technologies Ltd
MTARTECH
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 139.30 | 7.93 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 47.02 | 6.56 | 0.58% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
MTAR Technologies is engaged in the business of manufacturing of mission critical precision and heavy equipment, components and machines.
Investor Presentation
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Compare with peersCummins India Ltd
Thermax Limited
AIA Engineering Ltd
Carborundum Universal Ltd
Timken India Ltd
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Forecasts
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Revenue
Earnings
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Revenue Forecast
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Earnings Per Share Forecast
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 218.14 | 247.74 | 330.76 | 593.23 | 586.56 | 582.64 | ||||||
Raw Materials | 87.26 | 101.75 | 157.41 | 315.62 | 318.41 | 484.29 | ||||||
| Power & Fuel Cost | 7.24 | 6.71 | 8.95 | 13.30 | 14.51 | |||||||
| Employee Cost | 51.63 | 53.04 | 70.78 | 93.51 | 96.98 | |||||||
| Selling & Administrative Expenses | 7.43 | 6.54 | 9.35 | 13.06 | 13.16 | |||||||
| Operating & Other expenses | 2.25 | -4.69 | -18.90 | -15.71 | 24.99 | |||||||
EBITDA | 62.33 | 84.39 | 103.17 | 173.45 | 118.51 | 98.35 | ||||||
| Depreciation/Amortization | 12.05 | 12.56 | 14.31 | 18.66 | 23.16 | 25.68 | ||||||
| PBIT | 50.28 | 71.83 | 88.86 | 154.79 | 95.35 | 72.67 | ||||||
| Interest & Other Items | 4.75 | 7.00 | 6.65 | 14.57 | 22.31 | 21.08 | ||||||
| PBT | 45.53 | 64.83 | 82.21 | 140.22 | 73.04 | 51.59 | ||||||
| Taxes & Other Items | 14.22 | 18.77 | 21.35 | 36.81 | 16.93 | 13.08 | ||||||
| Net Income | 31.31 | 46.06 | 60.86 | 103.41 | 56.11 | 38.51 | ||||||
| EPS | 11.70 | 16.02 | 19.79 | 33.62 | 18.24 | 12.52 | ||||||
| DPS | 5.00 | 6.00 | 3.00 | 0.00 | 0.00 | 0.00 | ||||||
| Payout ratio | 0.43 | 0.37 | 0.15 | 0.00 | 0.00 | 0.00 |
Company Updates
Peers & Comparison
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| MTAR Technologies Ltd | 95.61 | 7.93 | — |
| Cummins India Ltd | 53.48 | 13.92 | 1.14% |
| Thermax Limited | 78.35 | 11.39 | 0.27% |
| AIA Engineering Ltd | 28.06 | 4.78 | 0.47% |
Price Comparison
Compare MTARTECH with any stock or ETFShareholdings
Promoter Holdings Trend
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding MTAR Technologies Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.8846% | Percentage of the fund’s portfolio invested in the stock 0.25% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 88/232 (-4) |
HDFC Defence Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.7424% | Percentage of the fund’s portfolio invested in the stock 3.57% | Change in the portfolio weight of the stock over the last 3 months -0.69% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 9/24 (-1) |
Nippon India Power & Infra Fund - Growth Option - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.8049% | Percentage of the fund’s portfolio invested in the stock 1.31% | Change in the portfolio weight of the stock over the last 3 months -0.16% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 29/53 (-3) |
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Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateFeb 21, 2022
Dividend/Share
₹3.00
Ex DateEx Date
Feb 21, 2022
Cash Dividend
Ex DateEx DateJul 22, 2021
Dividend/Share
₹3.00
Ex DateEx Date
Jul 22, 2021
Net profit of MTAR Technologies declined 8.26% to Rs 18.77 crore in the quarter ended September 2024 as against Rs 20.46 crore during the previous quarter ended September 2023. Sales rose 13.66% to Rs 187.08 crore in the quarter ended September 2024 as against Rs 164.60 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales187.08164.60 14 OPM %19.6821.93 - PBDT33.0931.47 5 PBT25.3125.69 -1 NP18.7720.46 -8 Powered by Capital Market - Live
Net profit of MTAR Technologies declined 9.84% to Rs 18.78 crore in the quarter ended September 2024 as against Rs 20.83 crore during the previous quarter ended September 2023. Sales rose 13.68% to Rs 187.10 crore in the quarter ended September 2024 as against Rs 164.58 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales187.10164.58 14 OPM %19.5522.01 - PBDT33.0031.78 4 PBT25.3326.13 -3 NP18.7820.83 -10 Powered by Capital Market - Live
MTAR Technologies will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live
MTAR Technologies has received reaffirmation in credit ratings from ICRA for bank facilities totalling Rs 670 crore at ICRA A; Stable/ ICRA A1. Powered by Capital Market - Live
MTAR Technologies has received Rs. 15.4 crore order from Defence Research & Development Laboratory (DRDL) for manufacturing and supply of full-scale and sub-scale combustors for the development of cutting-edge air-breathing engine technology for defence programs. The company shall execute the order by September 2025 as per the contract terms. Powered by Capital Market - Live
Net profit of MTAR Technologies declined 78.22% to Rs 4.43 crore in the quarter ended June 2024 as against Rs 20.34 crore during the previous quarter ended June 2023. Sales declined 16.31% to Rs 126.00 crore in the quarter ended June 2024 as against Rs 150.56 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales126.00150.56 -16 OPM %13.1722.93 - PBDT12.3532.90 -62 PBT6.2127.28 -77 NP4.4320.34 -78 Powered by Capital Market - Live
MTAR Technologies will hold a meeting of the Board of Directors of the Company on 13 August 2024.Powered by Capital Market - Live
MTAR Technologies has received export order worth USD 16.73 million (approx. 140 crore) in Clean Energy Sector - Fuel Cells Vertical from its existing customer, Bloom Energy Corporation. Powered by Capital Market - Live
MTAR Technologies (up 1.60%), Zen Technologies (up 1.42%), Paras Defence and Space Technologies (up 0.98%), Centum Electronics (up 0.96%), Hindustan Aeronautics (up 0.15%), Apollo Micro Systems (up 0.13%) advanced. The Finance Minister stated that there will be a continued emphasis on expanding the space economy by five times over the next 10 years. To support this goal, a venture capital fund of Rs 1,000 crore will be established. Finance Minister, Nirmala Sitharaman is presenting the first Union Budget of the Modi 3.0 government and her 7th consecutive one during the Monsoon Session of Parliament. Powered by Capital Market - Live
Stock Of The Day: MTAR Technologies Misses FY24 Guidance, Shares Plunge — Key Levels,
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant