MTAR Technologies stock rallied after announcing a massive international order win, sharp growth in order book, and stronger FY27 revenue and margin guidance following robust Q4 FY26 earnings.
MTAR Technologies share surged up to 9% after the company announced ₹2,279 crore international order win and raised FY27 growth guidance. The company’s order book nearly doubled to ₹4,896 crore, while Q4 FY26 profit jumped 223% YoY, supported by strong revenue growth and improving margins.
MTAR Technologies share: As of 12.23 pm, shares of MTAR Technologies climbed 9% on Thursday, 14 May, after the company announced a major international order win and upgraded its FY27 growth outlook.
The stock has been one of the biggest market performers in 2026, rallying 200% so far this year.
According to an exchange filing, MTAR Technologies secured fresh orders worth $238.76 million, or nearly ₹2,279.96 crore, from an international customer. The company did not disclose the client’s name.
Following this order inflow, MTAR’s total order book expanded sharply to ₹4,896 crore, including ₹36 crore of fresh orders received in Q1 FY27. At the end of FY26, the company’s order book stood at ₹2,581.9 crore.
The latest order win has almost doubled the company’s order book and brought it close to its FY27 target of ₹5,000 crore.
The company reported receiving its highest-ever annual order inflows of ₹2,453.3 crore in FY26. During Q4 FY26 alone, it secured orders worth ₹481.6 crore across multiple sectors.
According to the company presentation, MTAR’s order book as of 31 March 2026, was diversified across several businesses:
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|
Segment |
Share in Order Book |
|
Clean Energy – Civil Nuclear Power |
26.3% |
|
Clean Energy – Fuel Cell, Hydro & Others |
51.2% |
|
Aerospace & Defence |
14.0% |
|
Products & Others |
8.5% |
Source: BSE
The company has also added several new customers over the last 2-3 years across clean energy, aerospace, defence, oil & gas, and infrastructure segments. Some of the major names highlighted in the company presentation include:
SLB
Collins Aerospace
Thales
GE Power
Voith
Andritz Hydro
Weatherford
GKN Aerospace
During its Q4 FY26 earnings call, MTAR Technologies increased its FY27 revenue growth guidance to 80%, compared to the earlier guidance of 50%.
The company also guided for FY27 EBITDA margins of 24%, higher than the 19.5% margin reported in FY26.
MTAR Technologies reported a strong performance in Q4 FY26 this week. Consolidated net profit jumped 223.4% year-on-year to ₹44.3 crore, compared to ₹13.7 crore in the same quarter last year.
You can check the complete result here

Intraday chart, as of 14 May, 12.42 pm
Following the strong earnings and order inflows, MTAR Technologies shares have delivered exceptional returns across multiple timeframes. The stock was up nearly 9% intraday on May 14 as of 12:23 PM. Over the last one month, the share price has gained around 48%. While the stock has rallied nearly 207% in 2026 so far, it has delivered about 383% returns over the one-year period from 14 May 2025 to 14 May 2026.