MTAR Technologies Secures Orders Worth ₹200 Crore

Hyderabad-based MTAR Technologies Limited has announced securing multiple orders amounting to ₹200 crore across various high-tech sectors, including Clean Energy, Civil Nuclear Power, Aerospace, and Space. The company, known for its advanced engineering capabilities, has received significant contracts from leading international and domestic organisations.

The share price of MTAR Technologies has gained over 1% as of 2:33 PM on February 6, 2025.

Breakdown of the Orders

The newly awarded contracts span a wide range of industries, reinforcing MTAR Technologies’ strategic positioning in key sectors. The major contracts include:

• Clean Energy – Fuel Cells Division: ₹157.4 crore worth of orders from Bloom Energy for fuel cell components.
• Clean Energy – Energy Storage Systems: ₹2.7 crore in first-time orders from Fluence.
• Civil Nuclear Power Sector: ₹22 crore in orders for advanced engineering solutions.
• Space and Aerospace Sector: ₹17.9 crore worth of contracts, including those from ISRO and multinational aerospace clients.

These orders are set to be executed by the end of the financial year 2026. 

Growing Presence in the Clean Energy and Aerospace Sectors

The company is actively expanding its footprint in the Clean Energy and Aerospace sectors. Over the past two to three years, MTAR has been developing new products in collaboration with existing and new clients. Following the successful completion of initial prototype orders, the company is now receiving large-scale volume orders.

According to Mr Parvat Srinivas Reddy, Managing Director of MTAR Technologies, the company is in the final stages of discussions for additional projects that are expected to bolster its order book in the coming quarters. Additionally, significant orders in the Civil Nuclear Power sector are anticipated by the end of the financial year 2025.

About MTAR Technologies

MTAR Technologies is a leading precision engineering company catering to high-growth industries such as Clean Energy, Civil Nuclear Power, Aerospace, and Defence. With eight strategically located manufacturing facilities in Hyderabad, including an export-oriented unit, the company has built long-standing relationships with both Indian organisations and global original equipment manufacturers (OEMs) over the past four decades.

As MTAR Technologies continues to secure high-value contracts, the company is well-positioned to play a crucial role in India’s push for innovation in clean energy and advanced engineering solutions.

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