MTAR Technologies Shares Jump Around 5% After ₹467 Crore Order Win, FY27 Outlook Turns Stronger

MTAR Technologies shares continued their strong rally on Friday, 22 May, after the company announced fresh international purchase orders and maintained an aggressive growth outlook for FY27.

At 2:46 pm IST, MTAR Technologies shares were trading at ₹8,335, up 4.88% for the day after hitting an intraday high of ₹8,449.50 on the National Stock Exchange. The stock has rallied nearly 19% this week alone.

Investor sentiment remained strong after the Hyderabad-based precision engineering company secured international purchase orders worth about ₹467 crore ($48.68 million) from an existing customer.

The latest contracts came just days after the company announced blanket purchase orders worth $238.76 million, or nearly ₹2,279 crore, from another international entity.

What Is Driving MTAR Technologies’ Sharp Rally?

According to the company, the newly announced ₹467 crore orders will be executed in two phases. Around 50% of the order value is expected to be completed by 20 March 2027, while the remaining execution is targeted by 20 June 2027.

Last week, MTAR Technologies raised its FY27 revenue growth guidance to 80% from the earlier estimate of 50%.

Managing Director P Srinivas Reddy said the company expects Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) margins to remain around 24% in FY27. He also indicated that the order book could touch ₹5,000 crore by the end of the financial year.

The company said its current order book stands at around ₹5,363 crore compared with ₹2,581.9 crore at the end of FY26.

The company also expects additional support from its nuclear, aerospace and oil & gas segments over the coming quarters.

How Did MTAR Technologies Perform In Q4 FY26?

MTAR Technologies reported strong March-quarter earnings, which further supported investor confidence.

For Q4 FY26, consolidated revenue from operations rose nearly 67% year-on-year to ₹306 crore from ₹183 crore in the corresponding quarter last year. Net profit jumped sharply to ₹44 crore compared with ₹14 crore a year earlier.

The company also reported an EBITDA margin expansion of 154 basis points to 20.19% during the quarter.

What Lies Ahead For MTAR Technologies?

According to management commentary, the clean energy business is likely to remain the primary growth engine after recent capacity additions.

The oil and gas facility is expected to be commissioned by the end of September, which could further support revenue growth. MTAR also expects a higher contribution from nuclear projects backed by a strong order pipeline. In aerospace, the company said volume production for certain customers has already started and could scale further in FY27.

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The stock has seen a massive rerating this year. MTAR Technologies shares have gained nearly 244% in 2026 so far and are up close to 398% over the last one year, reflecting strong investor optimism around the company’s order pipeline and growth outlook.

Sources:

The Economic Times

CNBC TV18