MTAR Technologies (MTARTECH) Q1 26/27 earnings summary

Executive summary

• Achieved record quarterly revenue of INR 360.7 crores in Q1 FY 2027, up 130% year-over-year, with EBITDA margin of 23.6% in line with guidance.

• Strong momentum and order inflows across all business verticals, including civil nuclear, aerospace & defense, clean energy, and new data center infrastructure solutions.

• Five-year strategy focused on indigenisation, new product launches, diversification into Oil & Gas and Data Centre Infrastructure, and capacity enhancements.

• Celebrated 55 years of engineering excellence, with robust order book and strong customer additions.

• Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.

Financial highlights

• Q1 FY27 revenue at INR 360.7 crores, up 130.4% year-over-year and 17.9% sequentially; EBITDA at INR 85.1 crores, margin at 23.6%.

• Q1 FY27 PAT at INR 50.2 crores, up 364.5% year-over-year and 13.4% sequentially.

• Gross margin at 45.61% in Q1 FY27; FY26 gross profit margin at 47.7%.

• Cash flow from operations at INR 247.69 crores in Q1 FY27; FY26 net cash from operating activities at INR 196.9 crores.

• Standalone and consolidated net profit for Q1 FY27 at INR 505.04 million and INR 502.27 million, respectively.

Outlook and guidance

• Management maintains 80% revenue growth guidance for FY 2027, with EBITDA margin of 22–24% ±100 bps.

• Strong order visibility with record order inflow of INR 2,895.1 crores in Q1 FY27 and diversified order book of INR 5,143 crores as of June 30, 2026.

• Execution of large nuclear and clean energy orders to commence in H2 FY 2027, with multi-year execution cycles.

• Expects to double aerospace & defense revenues in FY 2027, with further ramp-up over next 3-4 years.

• CapEx guidance of INR 500 crores over this and next year to support expansion across all verticals.