MTAR Technologies Eyes 21% EBITDA Margin in FY26 with Expanding Order Book
⚙️ MTARTECH is targeting a 21% EBITDA margin in FY26, driven by a robust order book expected to hit ₹1,500–2,000 crore by year-end, said MD Parvat Srinivas Reddy. The precision engineering firm aims for 25% revenue growth this year and 30% thereafter. Around ₹800 crore from the current ₹930-crore backlog is set for execution in FY26, with over ₹1,000 crore in nuclear business orders anticipated in the next 3–6 months. MTAR is scaling capacity for its oil & gas foray while sustaining strength in aerospace and defence. Shares closed 2.48% lower at ₹1,550.9 on the NSE.
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