Daijiworld Media Network – Hyderabad

Hyderabad, Aug 10: Precision engineering firm MTAR Technologies is eyeing an Ebitda margin of around 21% in FY26, supported by a robust order pipeline, Managing Director Parvat Srinivas Reddy has said.

“We will look at about 21% Ebitda margins with plus or minus 100 basis points by year-end. The order book should be close to Rs 1,500–2,000 cr,” Reddy told NDTV Profit. The company is targeting 25% year-on-year revenue growth in FY26 and 30% annually thereafter.

Of the present Rs 930-cr order book, MTAR plans to execute Rs 800 crore in FY26. It also expects over Rs 1,000 cr worth of nuclear business orders in the next three to six months.

Reddy said the firm has adequate capacity for existing aerospace and defence segments, with new facilities being added for the oil and gas sector. “MTAR has been an innovation-driven company for 40–50 years, working with MNCs and the Government of India in defence and space,” he noted.

On Friday, MTAR shares closed 2.48% lower at Rs 1,550.9 on the NSE, while the Nifty 50 fell 0.31% to 24,574.2.