MTAR TECHNOLOGIES Results Analysis-Q4FY26

$MTARTECH Operating Revenue for Q4FY26 is Rs. 306 Crs. 67.17% growth YoY, Total Income is Rs. 322 Crs., 76.09% growth YoY, Gross Profit is Rs. 135 Crs., 41.48% growth YoY, EBITDA is Rs. 62 Crs., 81% growth YoY, EBITDA Margin is 20.19% improved by 155 Basis points YoY, PBT Rs. 60 Crs. 219.76% growth YoY, PAT Rs. 44 Crs. 222.74% growth YoY. On QoQ basis Op. Revenue is up by 10.11%, Total Income is up by 15%, Gross Profit is up by 35.44%, However EBITDA is down by 2.84%, But PBT is up by 29.1% and PAT is also up by 27.64%. Closing order book FY26: ₹2,580 cr (vs prior guidance ₹2,800 cr). Shortfall attributed to “some nuclear orders and the defence orders being deferred to the current quarter,” stated to have no impact on FY27 outlook. Management expectation: FY27 ending order book “close to about 5,000 crores” FY27 guidance upgraded to ~80% revenue growth (±5%) and ~24% EBITDA margin. AI data center infrastructure assemblies: ₹35 cr first-article export order; ₹400–500 cr potential over the next couple of years; ~70% value-add and “pretty profitable.”