Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of MTAR Technologie
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 196 | 152 | 167 | 118 | 143 | 128 | 190 | 174 | 183 | 157 | 136 | 278 | 306 |
| Expenses + | 148 | 119 | 130 | 95 | 125 | 112 | 154 | 141 | 149 | 128 | 119 | 214 | 244 |
| Operating Profit | 49 | 34 | 36 | 24 | 18 | 16 | 37 | 33 | 34 | 28 | 17 | 64 | 62 |
| OPM % | 25% | 22% | 22% | 20% | 13% | 13% | 19% | 19% | 19% | 18% | 13% | 23% | 20% |
| Other Income + | 5 | 4 | 1 | 1 | 1 | 1 | 2 | 3 | 0 | 1 | 4 | -1 | 17 |
| Interest | 6 | 6 | 5 | 6 | 6 | 5 | 5 | 6 | 6 | 6 | 6 | 8 | 10 |
| Depreciation | 5 | 5 | 6 | 6 | 6 | 6 | 8 | 9 | 10 | 8 | 9 | 9 | 9 |
| Profit before tax | 43 | 27 | 26 | 13 | 7 | 6 | 25 | 22 | 19 | 15 | 6 | 46 | 60 |
| Tax % | 28% | 26% | 20% | 19% | 32% | 28% | 26% | 25% | 25% | 26% | 24% | 24% | 26% |
| Net Profit + | 31 | 20 | 21 | 11 | 5 | 5 | 19 | 16 | 14 | 11 | 5 | 35 | 44 |
| EPS in Rs | 9.99 | 6.44 | 6.77 | 3.43 | 1.65 | 1.48 | 6.11 | 5.31 | 4.62 | 3.65 | 1.49 | 11.43 | 14.42 |
Financials of MTAR Technologie
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 81 | 81 | 101 | 157 | 184 | 214 | 246 | 322 | 573 | 580 | 676 | 876 |
| Expenses + | 79 | 71 | 113 | 125 | 130 | 156 | 163 | 228 | 419 | 468 | 555 | 705 |
| Operating Profit | 2 | 11 | -12 | 32 | 54 | 58 | 83 | 94 | 154 | 112 | 121 | 171 |
| OPM % | 2% | 13% | -12% | 20% | 29% | 27% | 34% | 29% | 27% | 19% | 18% | 20% |
| Other Income + | 3 | 1 | 1 | 1 | 4 | 4 | 1 | 9 | 20 | 6 | 6 | 20 |
| Interest | 8 | 7 | 5 | 4 | 4 | 5 | 7 | 7 | 14 | 22 | 22 | 29 |
| Depreciation | 5 | 5 | 5 | 11 | 11 | 12 | 13 | 14 | 18 | 23 | 32 | 34 |
| Profit before tax | -7 | -1 | -22 | 17 | 42 | 46 | 65 | 82 | 141 | 73 | 72 | 127 |
| Tax % | -36% | -133% | -30% | 68% | 6% | 31% | 29% | 26% | 26% | 23% | 26% | 25% |
| Net Profit + | -5 | 0 | -15 | 5 | 39 | 31 | 46 | 61 | 104 | 56 | 54 | 95 |
| EPS in Rs | -1.64 | 0.06 | -5.34 | 1.92 | 13.89 | 11.70 | 14.98 | 19.79 | 33.84 | 18.29 | 17.51 | 30.99 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 22% | 43% | 40% | 15% | 0% | 0% | 0% | 0% |
Financials of MTAR Technologie
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 28 | 28 | 28 | 28 | 28 | 27 | 31 | 31 | 31 | 31 | 31 | 31 |
| Reserves | 180 | 181 | 166 | 177 | 207 | 198 | 446 | 489 | 590 | 646 | 700 | 795 |
| Borrowings + | 49 | 26 | 29 | 20 | 29 | 29 | 17 | 96 | 143 | 190 | 177 | 377 |
| Other Liabilities + | 48 | 38 | 71 | 56 | 41 | 92 | 93 | 112 | 299 | 139 | 220 | 542 |
| Total Liabilities | 306 | 273 | 294 | 281 | 305 | 346 | 586 | 728 | 1,063 | 1,006 | 1,128 | 1,744 |
| Fixed Assets + | 145 | 146 | 148 | 152 | 162 | 155 | 167 | 196 | 282 | 332 | 425 | 497 |
| CWIP | 8 | 8 | 8 | 2 | 6 | 12 | 11 | 44 | 63 | 68 | 53 | 34 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62 | 34 | 7 | 7 | 222 |
| Other Assets + | 152 | 119 | 138 | 127 | 137 | 179 | 409 | 425 | 683 | 600 | 643 | 990 |
| Total Assets | 306 | 273 | 294 | 281 | 305 | 346 | 586 | 728 | 1,063 | 1,006 | 1,128 | 1,744 |
Financials of MTAR Technologie
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 14 | 42 | 56 | 9 | -30 | 9 | 55 | 102 | 192 | |||
| Cash from Investing Activity + | -1 | -33 | -12 | -22 | -145 | -88 | -54 | -104 | -347 | |||
| Cash from Financing Activity + | -14 | -7 | -41 | 180 | 54 | 32 | 25 | -35 | 155 | |||
| Net Cash Flow | -1 | 2 | 3 | 167 | -121 | -47 | 27 | -37 | -1 | |||
| Free Cash Flow | 12 | 18 | 44 | -14 | -121 | -97 | -35 | 2 | 65 | |||
| CFO/OP | 53% | 96% | 109% | 24% | -12% | 27% | 69% | 96% | 127% |
Financials of MTAR Technologie
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 71 | 88 | 140 | 114 | 100 | 105 | 114 | 154 | 132 | 92 | 113 | 140 |
| Inventory Days | 269 | 240 | 382 | 467 | 535 | 524 | 421 | 369 | 397 | |||
| Days Payable | 87 | 35 | 155 | 158 | 179 | 296 | 74 | 112 | 119 | |||
| Cash Conversion Cycle | 71 | 88 | 140 | 296 | 305 | 332 | 423 | 510 | 360 | 438 | 370 | 419 |
| Working Capital Days | 418 | 331 | 177 | 132 | 114 | 59 | 175 | 191 | 189 | 194 | 170 | 160 |
| ROCE % | 0% | 2% | -7% | 10% | 18% | 19% | 19% | 16% | 22% | 11% | 11% | 15% |
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