MTAR Technologies Ltd
MTARTECHMTAR Technologies Ltd
MTARTECH
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
BadThe stock is overpriced and in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 104.40 | 9.44 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 52.46 | 7.59 | 0.46% |
Forecast & Ratings
Detailed Forecast from 3 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
View olderPeers
Compare with peersCummins India Ltd
Thermax Limited
AIA Engineering Ltd
Carborundum Universal Ltd
Timken India Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ cr.
All values in ₹ cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 82.29 | 101.46 | 157.57 | 187.20 | 218.14 | 247.74 | 330.76 | 593.23 | 586.56 | 586.56 | ||||||||||
Raw Materials | 70.83 | 112.76 | 65.98 | 65.53 | 87.26 | 101.75 | 157.41 | 315.62 | 468.05 | 468.05 | ||||||||||
| Power & Fuel Cost | 6.33 | 6.47 | 7.24 | 6.71 | 8.95 | 13.30 | ||||||||||||||
| Employee Cost | 44.61 | 43.51 | 51.63 | 53.04 | 70.78 | 93.51 | ||||||||||||||
| Selling & Administrative Expenses | 3.87 | 4.90 | 7.43 | 6.54 | 9.35 | 12.96 | ||||||||||||||
| Operating & Other expenses | 3.96 | 9.54 | 2.25 | -4.69 | -18.90 | -15.61 | ||||||||||||||
EBITDA | 11.46 | -11.30 | 32.82 | 57.25 | 62.33 | 84.39 | 103.17 | 173.45 | 118.51 | 118.51 | ||||||||||
| Depreciation/Amortization | 5.30 | 5.00 | 11.21 | 11.23 | 12.05 | 12.56 | 14.31 | 18.66 | 23.16 | 23.17 | ||||||||||
| PBIT | 6.16 | -16.30 | 21.61 | 46.02 | 50.28 | 71.83 | 88.86 | 154.79 | 95.35 | 95.34 | ||||||||||
| Interest & Other Items | 6.70 | 5.35 | 4.46 | 4.46 | 4.75 | 7.00 | 6.65 | 14.57 | 22.31 | 22.31 | ||||||||||
| PBT | -0.54 | -21.65 | 17.15 | 41.56 | 45.53 | 64.83 | 82.21 | 140.22 | 73.04 | 73.03 | ||||||||||
| Taxes & Other Items | -0.72 | -6.59 | 11.73 | 2.35 | 14.22 | 18.77 | 21.35 | 36.81 | 16.93 | 16.93 | ||||||||||
| Net Income | 0.18 | -15.06 | 5.42 | 39.21 | 31.31 | 46.06 | 60.86 | 103.41 | 56.11 | 56.10 | ||||||||||
| EPS | 0.06 | -5.34 | 1.92 | 13.90 | 11.39 | 16.02 | 19.79 | 33.62 | 18.24 | 18.24 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 3.00 | 5.00 | 6.00 | 3.00 | 0.00 | 0.00 | 0.00 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.22 | 0.44 | 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 | 104.38 | 9.44 | — |
| Cummins India Ltd | 58.17 | 15.14 | 1.05% |
| Thermax Limited | 86.26 | 12.54 | 0.24% |
| AIA Engineering Ltd | 35.31 | 7.03 | 0.38% |
Price Comparison
Compare MTARTECH with any stock or ETFShareholdings
Promoter Holdings Trend
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
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 4.62%
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 2.82%
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Decreased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has decreased by 2.10%
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) |
|---|---|---|---|---|
HDFC Defence Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.7937% | Percentage of the fund’s portfolio invested in the stock 4.46% | Change in the portfolio weight of the stock over the last 3 months -1.41% | 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 (-2) |
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 2.6834% | Percentage of the fund’s portfolio invested in the stock 0.30% | Change in the portfolio weight of the stock over the last 3 months 0.01% | 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 96/230 (+3) |
Nippon India Growth Fund - Growth Option - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.6308% | Percentage of the fund’s portfolio invested in the stock 0.34% | 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 81/101 (0) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
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
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
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Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 25.66%, vs industry avg of 10.44%
Increasing Market Share
Over the last 5 years, market share increased from 0.26% to 0.51%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 7.43%, vs industry avg of 19.21%