Archive · 30 Jul 2026
MTAR Shares Rise 5% After Strong Q1, Order Update
MTAR Technologies is a company that makes technology products.
In the first quarter of 2026, it earned a lot more money than last year, making a profit of 50.2 crore rupees.
Its sales and earnings grew a lot, and it got a big new order worth about 3,100 crore rupees.
Even though the company did well, its shares fell a little in the last month because of market worries and because a big customer, Bloom Energy, had a bad day on the stock market.
The company is still doing well overall for the year and is being watched closely by the stock exchanges.
MTAR Technologies posted a 364.5% YoY profit after tax of Rs 50.2 crore in Q1 FY27.
Revenue rose 130.4% YoY to Rs 360.7 crore, and EBITDA jumped 199.7% YoY to Rs 85.1 crore.
The company received an amended purchase order worth $324.62 million (~Rs 3,100 crore) with an incremental value of $85.86 million (~Rs 820 crore).
MTAR shares fell 28.56% in the past month but are up 127.41% year‑to‑date, and the stock is under long‑term ASM.
Bloom Energy, a key customer, saw its stock drop 45.9% amid regulatory delays, affecting MTAR’s revenue.
- Who
- MTAR Technologies and its Managing Director Parvat Srinivas Reddy
- What
- Strong Q1 earnings, amended purchase order, and stock movement
- When
- Quarter ended June 30, 2026 (Q1 FY27)
- Where
- India, listed on BSE and NSE
- Why
- Improved operations and new orders, but market volatility and Bloom Energy stock decline
- Profit after tax (Q1 FY27)
- Rs 50.2 crore
- Revenue (Q1 FY27)
- Rs 360.7 crore
- EBITDA (Q1 FY27)
- Rs 85.1 crore
- Amended purchase order value
- $324.62 million (~Rs 3,100 crore)
- Stock performance (past month)
- Down 28.56%
- Year-to-date stock performance
- Up 127.41%
- ASM status
- Long-term Additional Surveillance Measure