Small Defence
Market Cap
₹21,991 ₹21,991 Cr.
P/E
164.80
PEG
3.92
PEG = P/E ÷ 5yr Forward EPS CAGR
5yr Forward EPS CAGR Thesis - Base Case

- Bull case triggers: data center adoption pushes Bloom demand above 20K unit capacity, nuclear orders arrive on schedule, and AI data center first article converts to >₹100 Cr orders.- Bear case triggers: Bloom dispatch volumes drop >20% for multiple quarters alongside nuclear order delays beyond Q3 FY27, stranding capacity and inventory.
- The diversification path is steep — greenfield oil & gas and AI data center verticals must scale from zero to ~₹620 Cr, concentrating execution risk.

  • MTAR Technologies
  • Triveni Turbine
  • BEML
  • TJI Defence

FAQs on MTAR Technologies Ltd. Shareprice

MTAR Technologies has given better returns compared to its competitors.
MTAR Technologies has grown at ~42.89% over the last 4yrs while peers have grown at a median rate of 28.23%

Yes, MTAR Technologies is expensive.
Latest PE of MTAR Technologies is 159, while 3 year average PE is 101.
Also latest EV/EBITDA of MTAR Technologies is 94.67 while 3yr average is 53.57.

Growth Table

  • MTAR Technologies Ltd.
  • Triveni Turbine
  • BEML

Balance Sheet

  • MTAR Technologies Ltd.
  • Triveni Turbine
  • BEML

Balance Sheet Snapshot

No data available.

Fund Flow Analysis

  • 1y
  • 3y
  • 5y
  • 10y
  • Increase
  • Decrease
  • Total
No data available.
*Data is as of latest FY end

Profit & Loss

  • MTAR Technologies Ltd.
  • Triveni Turbine
  • BEML

Cash Flow

  • MTAR Technologies Ltd.
  • Triveni Turbine
  • BEML

Cash Flow Analysis

  • 1y
  • 3y
  • 5y
  • 10y
  • Increase
  • Decrease
  • Total
No data available.

Ratios

= Dominant Factor
  • MTAR Technologies Ltd.
  • Triveni Turbine
  • BEML

Quarterly Results

  • MTAR Technologies Ltd.
  • Triveni Turbine
  • BEML

Reverse DCF

locked
Cr
locked
5 YEAR
locked 5
10 YEAR
locked 10
20 YEAR
locked 20
Implied Growth Rate over a 5 year period*
Implied Growth Rate over a 10 year period*
Implied Growth Rate over a 20 year period*

FAQs on MTAR Technologies Ltd. Financials

Balance sheet of MTAR Technologies is strong.
But short term working capital might become an issue for this company.

Yes, The net debt of MTAR Technologies is increasing.
Latest net debt of MTAR Technologies is ₹348 Crs as of Mar-26.
This is greater than Mar-25 when it was ₹143 Crs.

The profit is oscillating.
The profit of MTAR Technologies is ₹133 Crs for TTM, ₹52.89 Crs for Mar 2025 and ₹56.11 Crs for Mar 2024.

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
MTAR Technologies latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable

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