MTAR Technologies Limited, a manufacturer of precision-engineered systems for clean energy, aerospace and defence applications, reported consolidated revenue of INR 1.36 billion for the second quarter of the financial year 2025–26, ended 30 September 2025. Consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) stood at INR 170 million, while profit after tax was INR 42 million for the quarter.
The MTAR board approved a scheme of amalgamation to merge wholly owned subsidiaries Gee Pee Aerospace and Defence Private Limited and Magnatar Aero Systems Private Limited into MTAR Technologies.
MTAR reported lower sequential revenue compared with the first quarter of the financial year 2025–26, when it posted revenue from operations of INR 1.57 billion, EBITDA of INR 284 million and profit after tax of INR 108 million. For the half year ended 30 September 2025, consolidated revenue stood at INR 2.89 billion.
“We look forward to a significantly strong performance in the second half of the financial year 2025–26, with revenue expected to nearly double compared to the first half,” said Parvat Srinivas Reddy, Managing Director of MTAR Technologies. He added that the company anticipates year-on-year revenue growth of about 30 to 35 percent in the financial year 2025–26 and reiterated its EBITDA margin guidance of around 21 percent, supported by higher capacity utilisation and operating leverage.
The company stated in its filing that the amalgamation would help achieve operational synergies, streamline management and simplify the group’s corporate structure. As both transferor companies are wholly owned subsidiaries, the merger will not involve any cash or share consideration.
MTAR Technologies Limited operates nine manufacturing units in India and supplies mission-critical components and assemblies to the civil nuclear power, fuel cell, hydel, aerospace and defence sectors for both domestic and export markets.
