MTAR Technologies Targets 80% Revenue Growth in FY27, Expands Across Defence, Nuclear and Clean Energy Sectors
MTAR Technologies Limited has released its latest corporate presentation, outlining an ambitious growth strategy focused on expanding its presence across high-growth sectors, including defence, aerospace, civil nuclear, clean energy, oil & gas, and data center infrastructure.
The precision engineering company has projected 80% revenue growth for FY27 and expects to maintain an EBITDA margin of 24% ±100 basis points, supported by a strong order pipeline, new product development, and strategic diversification.
Strong FY27 Growth Guidance
MTAR Technologies has provided an optimistic outlook for the current financial year, targeting:
- Around 80% year-on-year revenue growth
- EBITDA margin of approximately 24% (±100 bps)
Managing Director Parvati Srinivas Reddy highlighted that more than 25% of the company’s current revenue is generated from products developed over the last four to five years, demonstrating the success of MTAR’s continuous investment in research, innovation, and advanced engineering capabilities.
Expanding Presence Across Multiple High-Growth Sectors
MTAR Technologies continues to diversify its business by strengthening its presence in strategic industries where demand for precision-engineered components is increasing.
Aerospace and Defence
The company has delivered critical assemblies, including landing gear components for the Light Combat Aircraft (LCA) Tejas programme. It is also developing the Main Landing Gear Support Structure for a major aerospace programme and has successfully qualified first-article components for leading global aerospace companies such as Thales and GKN Aerospace.
Civil Nuclear and Clean Energy
MTAR has expanded its product portfolio in the civil nuclear and clean energy sectors by manufacturing components such as:
- Fuel Transfer Systems
- End Shield assemblies
- Calandria components
- Fuel cell products
These additions further strengthen the company’s position in India’s growing clean energy ecosystem.
Entry into Oil & Gas
The company has successfully entered the oil and gas sector by supplying whipstock assemblies to Weatherford and Class A precision components to SLB (formerly Schlumberger). This diversification opens new opportunities beyond its traditional businesses.
Data Center Infrastructure
MTAR is also expanding into the rapidly growing data center industry and is currently manufacturing first-article components for data center infrastructure applications.
Long-Term Customer Partnerships
The company continues to strengthen relationships with global customers through long-term contracts and strategic collaborations.
Key customers include:
- Israel Aerospace Industries (IAI)
- Weatherford
- Thales
- GKN Aerospace
- SLB
These partnerships provide strong revenue visibility while enhancing MTAR’s presence in global supply chains.
Manufacturing Expansion and Technology Investments
To support future growth, MTAR Technologies has operationalized dedicated manufacturing facilities equipped with NADCAP-approved special process lines, enabling the company to meet stringent global quality standards for aerospace and defence manufacturing.
Management also emphasized its continued focus on the indigenization of critical engineering systems, positioning the company to benefit from India’s increasing emphasis on domestic manufacturing and defence self-reliance.