MTAR Technologies Ltd, a precision engineering company, has secured orders worth ₹19.2 Cr across the Clean Energy and Aerospace sectors. These orders reflect the firm’s expanding footprint in high-impact industries and its focus on innovation and growth.
Out of the total ₹19.2 crore, MTAR received ₹17.8 crore worth of orders in the Clean Energy segment and ₹1.4 crore from the Aerospace sector. This order book signals a strong pipeline and robust customer confidence across diverse business verticals.
Approximately ₹4.7 crore from the Clean Energy orders are specifically allocated for the development of new products. These developmental initiatives are projected to generate an annual recurring revenue of ₹10 crore upon successful execution and customer validation of first article components.
The Clean Energy orders include components and systems for civil nuclear power, fuel cells and hydel applications. MTAR’s continued participation in the Aerospace domain further strengthens its role as a key supplier to high-precision and high-reliability applications.
Headquartered in Hyderabad, Telangana, MTAR operates nine advanced manufacturing units, including export-oriented facilities. Its manufacturing infrastructure supports global OEMs and Indian strategic institutions, allowing it to meet diverse and complex customer requirements.
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With a legacy spanning over four decades, MTAR maintains long-standing relationships with Indian defence and space agencies and various international partners. These collaborations underline its credibility and engineering expertise in high-technology sectors.
On June 9, MTAR Technologies share price opened at ₹1772 on NSE, marginally above the previous close of ₹1770.70. The stock is trading at ₹1776.70 as of 09:45 AM. Change was marginal at 0.34%. Over the past week, MTAR Technologies' share price increased 9.41%; over the past month.
MTAR Technologies' recent order wins in Clean Energy and Aerospace underscore its focus on innovation, engineering excellence and sectoral diversification. The development-oriented orders and potential recurring revenues reflect a sustainable and future-ready business model.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Jun 9, 2025, 10:58 AM IST
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