surged as much as 6.48 per cent to ₹7,201.50 on the NSE by 12.36 pm on Thursday, touching a fresh 52-week high of ₹7,418 intraday, as investors reacted to a strong set of Q4 FY26 results reported the previous trading day and a massive new order disclosure filed this morning.
The stock has delivered a staggering 373.72 per cent return over the past year and is up over 200 per cent year-to-date, vastly outperforming the broader NIFTY Total Market index which is down 6.12 per cent in the same period. Trading volumes were elevated, with over 23.83 lakh shares changing hands worth ₹1,727 crore by midday. The buy-to-sell ratio stood at 69:31, indicating strong bullish sentiment. The company’s total market capitalisation stood at approximately ₹22,538 crore.
The Hyderabad-based precision engineering company disclosed on Thursday morning that it had received blanket purchase orders worth $238.76 million — approximately ₹2,278.96 crore at ₹95.50 to the dollar — from an undisclosed international customer, described as a continuation of regular business.
On Wednesday, MTAR reported its Q4 FY26 financial results, which showed revenue from operations jumping 67.2 per cent year-on-year to ₹306.1 crore. Net profit for the quarter surged 222.3 per cent to ₹44.3 crore. For the full year FY26, revenue rose 29.6 per cent to ₹876.2 crore, while PAT grew 76.2 per cent to ₹94 crore. EBITDA margins improved to 19.5 per cent for the full year from 17.9 per cent in FY25.
The company also reported its highest-ever annual order inflows of ₹2,453.3 crore in FY26, with a diversified order book of ₹2,581.9 crore as of March 31, 2026. Clean energy — primarily fuel cells — accounts for over 51 per cent of the order book. MTAR is also expanding capacity and setting up a greenfield Oil & Gas facility expected to be commissioned by September 2026.
The stock is currently listed on the NIFTY India Defence index and carries a symbol P/E of 221.25, reflecting high growth expectations priced in by the market.