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Mtar Technologies (MTARTECH)₹5,517−3.57%Other Electrical Equipment
In the Jun 2026 quarter (consolidated), Mtar Technologies reported sales of ₹362 Cr, up 129.9% from Jun 2025, and net profit of ₹50.17 Cr, up 354.4% year on year. For the year to Mar 2026, sales were ₹879 Cr and net profit ₹94.27 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 167 | 118 | 143 | 128 | 190 | 174 | 183 | 157 | 136 | 279 | 307 | 362 |
| Expenses | 131 | 95.32 | 125 | 112 | 154 | 142 | 149 | 128 | 119 | 215 | 245 | 277 |
| Operating Profit | 35.83 | 23.92 | 17.92 | 16.93 | 36.86 | 32.85 | 33.87 | 27.91 | 16.92 | 63.78 | 61.76 | 84.60 |
| OPM % | 22.0% | 20.0% | 13.0% | 13.0% | 19.0% | 19.0% | 19.0% | 18.0% | 13.0% | 23.0% | 20.0% | 24.0% |
| Other Income | 1.01 | 0.00 | 0.00 | 1.01 | 1.01 | 3.01 | 0.00 | 1.01 | 4.01 | −1.01 | 16.05 | 8.02 |
| Interest | 4.99 | 5.99 | 5.99 | 4.99 | 4.99 | 5.99 | 5.99 | 5.99 | 5.99 | 7.99 | 9.98 | 15.99 |
| Depreciation | 5.99 | 5.99 | 5.99 | 5.99 | 7.99 | 8.99 | 9.99 | 7.99 | 8.99 | 8.98 | 8.99 | 9.99 |
| Profit before tax | 26.04 | 13.01 | 7.01 | 6.01 | 25.02 | 21.01 | 19.01 | 15.01 | 6.01 | 46.01 | 60.06 | 67.03 |
| Tax % | 20.1% | 19.1% | 32.1% | 29.1% | 26.1% | 26.1% | 26.1% | 27.1% | 25.1% | 25.1% | 26.1% | 25.1% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −3.01 | 0.00 | 0.00 |
| Net Profit | 20.08 | 10.03 | 5.02 | 4.01 | 19.08 | 16.06 | 14.06 | 11.04 | 4.01 | 35.14 | 44.13 | 50.17 |
| EPS (Rs) | 6.63 | 3.39 | 1.57 | 1.43 | 6.08 | 5.17 | 4.45 | 3.50 | 1.37 | 11.24 | 14.35 | 16.28 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 214 | 246 | 323 | 575 | 582 | 678 | 879 | 1,084 |
| Expenses | 157 | 163 | 229 | 421 | 470 | 557 | 707 | 856 |
| Operating Profit | 57.73 | 82.62 | 93.70 | 153 | 113 | 121 | 170 | 227 |
| OPM % | 27.0% | 34.0% | 29.0% | 27.0% | 19.0% | 18.0% | 20.0% | 21.0% |
| Other Income | 4.01 | 1.01 | 9.02 | 19.04 | 6.01 | 5.02 | 19.05 | 27.07 |
| Interest | 4.99 | 6.99 | 6.99 | 14.98 | 21.97 | 21.98 | 28.95 | 39.95 |
| Depreciation | 11.99 | 12.98 | 13.98 | 18.98 | 22.98 | 31.97 | 34.96 | 36.95 |
| Profit before tax | 46.06 | 65.10 | 81.99 | 140 | 73.09 | 72.05 | 126 | 179 |
| Tax % | 31.1% | 29.1% | 26.1% | 26.1% | 23.1% | 26.1% | 25.1% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 2.01 | 2.01 | 1.01 | −3.01 | −3.01 |
| Net Profit | 31.12 | 46.14 | 61.22 | 103 | 56.17 | 53.21 | 94.27 | 133 |
| EPS (Rs) | 11.67 | 14.93 | 19.74 | 33.53 | 18.18 | 17.14 | 30.46 | 43.24 |
| Dividend payout % | 42.9% | 40.0% | 15.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 27.06 | 31.09 | 31.08 | 31.12 | 31.10 | 31.11 | 31.10 |
| Reserves | 197 | 445 | 487 | 586 | 645 | 696 | 790 |
| Borrowings | 28.94 | 16.98 | 95.88 | 143 | 191 | 177 | 376 |
| Other Liabilities | 92.44 | 93.45 | 113 | 301 | 141 | 225 | 545 |
| Total Liabilities | 346 | 585 | 727 | 1,061 | 1,008 | 1,129 | 1,741 |
| Fixed Assets | 155 | 168 | 197 | 292 | 342 | 441 | 516 |
| CWIP | 12.04 | 11.03 | 44.18 | 64.17 | 73.30 | 53.21 | 34.09 |
| Investments | 0.00 | 0.00 | 61.86 | 26.94 | 0.00 | 0.00 | 215 |
| Other Assets | 178 | 408 | 423 | 677 | 592 | 636 | 975 |
| Inventories | 75.19 | 103 | 170 | 388 | 349 | 347 | 501 |
| Trade receivables | 61.97 | 77.02 | 136 | 208 | 147 | 210 | 337 |
| Cash & equivalents | 22.95 | 190 | 66.76 | 30.92 | 50.84 | 16.95 | 20.96 |
| Total Assets | 346 | 585 | 727 | 1,061 | 1,008 | 1,129 | 1,741 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | 56.03 | 9.01 | −30.04 | 7.01 | 57.09 | 101 | 197 |
| Cash from investing activity | −12.05 | −22.08 | −145 | −87.35 | −56.16 | −103 | −354 |
| Cash from financing activity | −40.91 | 180 | 53.87 | 31.93 | 24.94 | −35.92 | 155 |
| Net cash flow | 2.99 | 167 | −121 | −46.89 | 26.94 | −36.87 | −0.99 |
| Capex | 12.03 | 23.06 | 91.17 | 108 | 94.19 | 100 | 134 |
| Free cash flow | 44.03 | −13.99 | −121 | −99.94 | −35.99 | 2.01 | 63.95 |
| CFO / OP % | 109.0% | 24.0% | −12.0% | 26.0% | 70.0% | 95.0% | 130.0% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 105 | 114 | 154 | 133 | 92 | 113 | 140 |
| Inventory days | 381 | 466 | 534 | 523 | 419 | 368 | 398 |
| Days payable | 156 | 159 | 180 | 297 | 76 | 114 | 120 |
| Cash conversion cycle | 331 | 422 | 509 | 360 | 435 | 368 | 418 |
| Working capital days | 59 | 175 | 191 | 189 | 192 | 168 | 158 |
| ROCE % | — | 19.0% | 16.0% | 22.0% | 11.0% | 10.0% | 15.0% |
For the Jun 2026 quarter, Mtar Technologies reported sales of ₹362 Cr, up 129.9% year on year and net profit of ₹50.17 Cr, up 354.4% year on year. The operating margin was 24.0%.
Mtar Technologies' sales for the year to Mar 2026 were ₹879 Cr; over the last twelve months they were ₹1,084 Cr.
Net profit for the year to Mar 2026 was ₹94.27 Cr, and ₹133 Cr over the last twelve months. Earnings per share over the same trailing period were ₹43.24.
Mtar Technologies reported borrowings of ₹376 Cr at Mar 2026, against cash and equivalents of ₹20.96 Cr.
Cash from operations was ₹197 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹63.95 Cr.