MTAR Technologies Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Strong revenue growth in the latest quarter indicates robust demand, rising from ₹166.84 crore to ₹190.19 crore.
Net profit showed significant recovery from ₹4.43 crore to ₹18.77 crore in the subsequent quarters, reflecting improved operational efficiency.
Operating profit margin improved, signaling effective cost management despite revenue fluctuations.

NEGATIVES

Profit margins have been inconsistent, dropping to ₹4.43 crore in the latest quarter from ₹20.46 crore previously.
Expenses have risen sharply, with material costs impacting profit margins, particularly in the latest quarter.
The declining trend in profits over several quarters raises concerns about long-term sustainability.

Field	Mar 23	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25
Revenue	196.40	152.56	166.84	118.38	142.97	128.26	190.19	174.45	183.09	156.58
Expenses	147.34	118.04	130.74	94.53	124.74	111.65	153.37	141.20	148.94	128.20
Operating Profit	49.05	34.52	36.10	23.86	18.23	16.61	36.82	33.26	34.15	28.38
Other Income	4.55	4.10	0.84	0.48	0.38	0.53	1.44	3.15	0.03	0.61
Interest	5.62	5.73	5.47	5.60	5.51	4.79	5.18	6.28	5.93	5.81
Depreciation	5.02	5.62	5.79	5.85	5.91	6.14	7.78	8.69	9.62	8.37
Profit Before Tax	42.97	27.28	25.69	12.89	7.19	6.21	25.31	21.43	18.62	14.81
Tax	11.90	6.94	5.23	2.44	2.32	1.78	6.54	5.47	4.90	4
Net Profit	31.07	20.34	20.46	10.45	4.87	4.43	18.77	15.96	13.72	10.81
Eps in Rs	10.10	6.61	6.65	3.40	1.58	1.44	6.10	5.19	4.46	3.52