MTAR Technologies quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	407	136	+200.0%
EBITDA	99.3	17.0	+483.9%
EBITDA margin	24.4%	12.5%	+11.9 pts
Profit before tax	80.0	6.0	+1,233.3%
Net profit	59.6	4.6	+1,197.5%
EPS	₹19.36	₹1.49	+1,199.3%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	407	361	306	278	136	157	183	174	190	128	143	118	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	8.4	8.0	16.5	2.6	3.8	0.8	0.2	3.3	1.6	0.7	0.6	0.6
	415	369	323	280	139	157	183	178	192	129	144	119
	228	204	165	164	81.8	92.8	95.7	95.7	87.7	69.3	81.2	58.8
	−11.6	−8.1	6.0	−14.0	−15.6	−21.1	−8.6	−7.5	11.7	−2.6	−3.4	−2.1
	50.5	45.8	42.4	39.6	32.9	33.9	34.4	30.7	29.5	27.6	24.9	23.6
	16.2	15.8	9.6	7.7	6.2	5.8	5.9	6.3	5.2	4.8	5.5	5.5
	11.4	9.5	8.9	8.7	8.6	8.2	9.5	8.6	7.7	6.0	5.8	5.7
	40.3	33.8	31.1	24.3	19.6	22.5	27.3	22.2	24.7	17.4	22.1	14.2
	335	301	263	230	133	142	164	156	166	123	136	106
	99.3	84.9	61.6	64.0	17.0	28.4	34.3	33.4	36.6	16.4	18.1	23.7
	87.9	75.5	52.7	55.4	8.4	20.3	24.8	24.8	28.9	10.4	12.4	18.0
Profit
	80.0	67.6	59.6	50.2	6.0	15.2	19.0	21.8	25.3	6.3	7.4	13.0
	0.0	0.0	0.0	−3.8	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	80.0	67.6	59.6	46.5	6.0	15.2	19.0	21.8	25.3	6.3	7.4	13.0
	18.7	15.1	14.9	13.2	0.4	0.9	4.5	4.7	6.4	1.6	0.8	2.6
	1.8	2.0	0.4	−2.0	1.0	3.1	0.3	0.8	0.2	0.2	1.6	−0.1
	20.5	17.1	15.3	11.3	1.4	4.0	4.8	5.5	6.5	1.8	2.3	2.5
	59.6	50.5	44.3	35.2	4.6	11.2	14.2	16.3	18.8	4.5	5.1	10.6
	59.6	50.5	44.3	35.2	4.6	11.2	14.2	16.3	18.8	4.5	5.1	10.6
	0.0	0.0	−0.4	0.0	0.0	0.0	−0.3	0.0	0.0	0.0	0.1	0.0
	59.6	50.5	44.0	35.2	4.6	11.2	13.9	16.3	18.8	4.5	5.2	10.6
Per share
	₹19.36	₹16.42	₹14.41	₹11.43	₹1.49	₹3.65	₹4.62	₹5.31	₹6.11	₹1.48	₹1.65	₹3.43
	₹19.36	₹16.42	₹14.41	₹11.43	₹1.49	₹3.65	₹4.62	₹5.31	₹6.11	₹1.48	₹1.65	₹3.43
Other comprehensive income — detail
	—	0.0	−0.4	0.0	0.0	0.0	−0.3	—	—	—	—	—
	—	—	—	—	—	—	−0.3	—	—	—	0.1	—
	—	0.0	0.4	0.0	0.0	0.0	0.0	—	—	—	—	—
Per share — as-filed variants
	₹19.36	₹16.42	₹14.41	₹11.43	₹1.49	₹3.65	₹4.62	₹5.31	₹6.11	₹1.48	₹1.65	₹3.43
	₹19.36	₹16.42	₹14.41	₹11.43	₹1.49	₹3.65	₹4.62	₹5.31	₹6.11	₹1.48	₹1.65	₹3.43
Regulatory disclosures — filed alongside, not part of the P&L
	—	—	5.1	—	0.6	—	11,04,585	—	—	—	—	—
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	190	165	135	128	69.4	84.9	96.0	86.2	90.8	61.5	65.1	61.5
	46.7%	45.6%	44.1%	46.1%	51.2%	54.2%	52.4%	49.4%	47.7%	47.9%	45.5%	52.0%
Adjusted (ex-exceptional items) — derived
	80.0	67.6	59.6	50.2	6.0	15.2	19.0	21.8	25.3	6.3	7.4	13.0
	0.0	0.0	0.0	−3.8	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	59.6	50.5	44.3	38.0	4.6	11.2	14.2	16.3	18.8	4.5	5.1	10.6
	₹19.36	₹16.42	₹14.41	₹12.36	₹1.49	₹3.65	₹4.62	₹5.31	₹6.11	₹1.48	₹1.65	₹3.43

Open the chart

From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.

alphave

MTARTECH₹6,460.00

MTAR Technologies Ltd.

· Capital Goods & Defence

Annual Quarterly₹ CrorePeersMIDHANI PARAS DATAPATTNS OSWALPUMPS MAHSEAMLES LLOYDSENGG PRAJIND KSBMcap ₹19,870 Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	118.2	142.9	128.2	190.2	174.5	183.1	156.6	135.6	277.9	306.0	360.7	406.8
Other Income	0.6	0.6	0.7	1.6	3.3	0.2	0.8	3.8	2.6	16.5	8.0	8.4
Total Income	118.8	143.5	128.9	191.8	177.7	183.3	157.3	139.4	280.5	322.6	368.8	415.1
Expenses
+ Cost of Materials Consumed	58.8	81.2	69.3	87.7	95.7	95.7	92.8	81.8	163.9	164.9	204.3	228.4
+ Changes in Inventories	-2.1	-3.4	-2.6	11.7	-7.5	-8.6	-21.1	-15.6	-14.0	6.0	-8.1	-11.6
+ Employee Benefit Expense	23.6	24.9	27.6	29.5	30.7	34.4	33.9	32.9	39.6	42.4	45.8	50.5
+ Finance Costs	5.5	5.5	4.8	5.2	6.3	5.9	5.8	6.2	7.7	9.6	15.8	16.2
+ Depreciation & Amortisation	5.7	5.8	6.0	7.7	8.6	9.5	8.2	8.6	8.7	8.9	9.5	11.4
+ Other Expenses	14.2	22.1	17.4	24.7	22.2	27.3	22.5	19.6	24.3	31.1	33.8	40.3
Total Expenses	105.8	136.1	122.6	166.4	155.9	164.3	142.1	133.4	230.2	263.0	301.1	335.1
EBITDA	23.7	18.1	16.4	36.6	33.4	34.3	28.4	17.0	64.0	61.6	84.9	99.3
EBIT	18.0	12.4	10.4	28.9	24.8	24.8	20.3	8.4	55.4	52.7	75.5	87.9
Profit
PBT before Exceptional Items	13.0	7.4	6.3	25.3	21.8	19.0	15.2	6.0	50.2	59.6	67.6	80.0
+ Exceptional Items	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-3.8	0.0	0.0	0.0
Pretax Income	13.0	7.4	6.3	25.3	21.8	19.0	15.2	6.0	46.5	59.6	67.6	80.0
+ Current Tax	2.6	0.8	1.6	6.4	4.7	4.5	0.9	0.4	13.2	14.9	15.1	18.7
+ Deferred Tax	-0.1	1.6	0.2	0.2	0.8	0.3	3.1	1.0	-2.0	0.4	2.0	1.8
Tax Expense	2.5	2.3	1.8	6.5	5.5	4.8	4.0	1.4	11.3	15.3	17.1	20.5
Net Income	10.6	5.1	4.5	18.8	16.3	14.2	11.2	4.6	35.2	44.3	50.5	59.6
+ Net Income — Continuing Ops	10.6	5.1	4.5	18.8	16.3	14.2	11.2	4.6	35.2	44.3	50.5	59.6
+ Other Comprehensive Income	0.0	0.1	0.0	0.0	0.0	-0.3	0.0	0.0	0.0	-0.4	0.0	0.0
Total Comprehensive Income	10.6	5.2	4.5	18.8	16.3	13.9	11.2	4.6	35.2	44.0	50.5	59.6
Per Share
Basic EPS	3.43	1.65	1.48	6.11	5.31	4.62	3.65	1.49	11.43	14.41	16.42	19.36
Diluted EPS	3.43	1.65	1.48	6.11	5.31	4.62	3.65	1.49	11.43	14.41	16.42	19.36
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	-0.3	0.0	0.0	0.0	-0.4	0.0	—
+ Items NOT to be Reclassified to P&L	—	0.1	—	—	—	-0.3	—	—	—	—	—	—
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	0.0	0.0	0.0	0.0	0.4	0.0	—
Per Share — as-filed variants
Basic EPS — Continuing Operations	3.43	1.65	1.48	6.11	5.31	4.62	3.65	1.49	11.43	14.41	16.42	19.36
Diluted EPS — Continuing Operations	3.43	1.65	1.48	6.11	5.31	4.62	3.65	1.49	11.43	14.41	16.42	19.36
Regulatory Disclosures — filed alongside, not part of the P&L
Related-party Transactions — During the Period	—	—	—	—	—	11,04,585.0	—	0.6	—	5.1	—	—
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	61.5	65.1	61.5	90.8	86.2	96.0	84.9	69.4	128.0	135.1	164.5	190.0
Gross Margin %	52.04	45.53	47.94	47.72	49.44	52.40	54.22	51.21	46.06	44.15	45.61	46.72
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	13.0	7.4	6.3	25.3	21.8	19.0	15.2	6.0	50.2	59.6	67.6	80.0
− Exceptional Items (reconciliation)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-3.8	0.0	0.0	0.0
Net Income Adj (tax-effected)	10.6	5.1	4.5	18.8	16.3	14.2	11.2	4.6	38.0	44.3	50.5	59.6
EPS Adj	3.43	1.65	1.48	6.11	5.31	4.62	3.65	1.49	12.36	14.41	16.42	19.36
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Paid Up Equity Capital	30.8	30.8	30.8	30.8	30.8	30.8	30.8	30.8	30.8	30.8	30.8	30.8

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · StandaloneFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

MTAR Technologies Q2 FY27 results (July–September 2026)

Filed with NSE on Thursday, 29 October 2026 at 4:21 pm IST

MTAR Technologies (NSE: MTARTECH) reported its Q2 FY27 results (July–September 2026) on Thursday, 29 October 2026 at 4:21 pm IST. Standalone net profit was ₹59.6 crore, up 17.9% from ₹50.5 crore in Q1 FY27. Revenue from operations was ₹407 crore, up 200.0% year on year and up 12.8% from the previous quarter.

Q2 FY26 results (a year earlier): 5 November 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · standalone

Net profit: ₹59.6 Crprofit ₹4.6 Cr in Q2 FY26+17.9% vs Q1 FY27
Revenue from operations: ₹407 Cr+200.0% vs Q2 FY26+12.8% vs Q1 FY27
Operating margin (EBIT): 21.6%+15.4 pts vs Q2 FY26+0.7 pts vs Q1 FY27EBIT ₹87.9 Cr
EBITDA: ₹99.3 Cr+483.9% vs Q2 FY26+16.9% vs Q1 FY27margin 24.4%
Earnings per share (basic): ₹19.36+17.9% vs Q1 FY27
Net profit margin: 14.6%+11.3 pts vs Q2 FY26+0.6 pts vs Q1 FY27

Questions

What was MTAR Technologies' net profit in Q2 FY27?

Standalone net profit was ₹59.6 crore, up 17.9% from ₹50.5 crore in Q1 FY27.

What was MTAR Technologies' revenue in Q2 FY27?

Revenue from operations was ₹407 crore, up 200.0% year on year and up 12.8% from the previous quarter.

How were MTAR Technologies' Q2 FY27 results?

A net profit of ₹59.6 crore, null. Revenue was up 200.0% at ₹407 crore. The operating margin was 21.6%, up 15.4 percentage points from 6.2% a year earlier. Against Q1 FY27, net profit was up 17.9% and revenue up 12.8%.

What was MTAR Technologies' operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹87.9 crore, a margin of 21.6%, against 20.9% in Q1 FY27 and 6.2% in Q2 FY26. EBITDA was ₹99.3 crore, 24.4% of revenue.

What was MTAR Technologies' net profit in the first half of FY27?

Standalone net profit for the first half of FY27 (April–September 2026) was ₹110 crore, up 595.7% from ₹15.8 crore in the same months a year earlier. Revenue from operations was ₹767 crore, up 162.7%.

What was MTAR Technologies' net profit in FY26?

Standalone net profit was ₹95.3 crore in FY26 (April 2025–March 2026), up 77.0% from ₹53.9 crore in FY25. It was ₹56.3 crore in FY24 and ₹104 crore in FY23: down 8.4% over three years, an average fall of 2.9% a year.

What was MTAR Technologies' EPS in Q2 FY27?

Basic earnings per share were ₹19.36, against ₹1.49 in Q2 FY26.

What is MTAR Technologies' net profit margin?

MTAR Technologies' net profit margin was 14.6% in Q2 FY27 (net profit as a share of revenue from operations), against 3.4% in Q2 FY26 (up 11.3 percentage points). For FY26 as a whole it was 10.9%.

What was MTAR Technologies' revenue in FY26?

Revenue from operations was ₹876 crore in FY26 (April 2025–March 2026), up 29.6% from ₹676 crore in FY25. It was ₹580 crore in FY24 and ₹573 crore in FY23: up 52.8% over three years, 15.2% a year on average.

How has MTAR Technologies' profit changed over the last four quarters?

Net profit by quarter: ₹35.2 crore in Q3 FY26, ₹44.3 crore in Q4 FY26, ₹50.5 crore in Q1 FY27 and ₹59.6 crore in Q2 FY27. That is ₹190 crore over the four quarters, up 309.0% from ₹46.3 crore in the four quarters before. Revenue from operations: ₹278 crore, ₹306 crore, ₹361 crore and ₹407 crore.

When did MTAR Technologies announce its Q2 FY27 results?

On Thursday, 29 October 2026 at 4:21 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 5 November 2025.

When will MTAR Technologies announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these MTAR Technologies figures come from?

From MTAR Technologies' own standalone results filings to NSE, in ₹ crore as filed (Q2 FY27 on 29 October 2026). Growth compares the same standalone figures a year and a quarter earlier.

Standalone figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.