- CEO
- Parvat Srinivas Reddy
- Full Time Employees
- 4,467
- Sector
- Electronic technology
- Industry
- Aerospace & defense
- Address
- 18, Technocrats Industrial Estate Hyderabad TS India 500037
- IPO Date
- Mar 15, 2021
- Business
- MTAR Technologies Limited, headquartered in Hyderabad, India, and founded in 1969, manufactures high-precision engineered components and assemblies for the space, defence and aerospace, nuclear power, clean energy, oil and gas, and power sectors. The company specializes in mission-critical products including fueling machine heads, bridge and column assemblies, coolant channel components, drive mechanisms, liquid propulsion engines for ISRO's GSLV and PSLV missions, base shroud assemblies and airframes for Agni programs, electro-mechanical actuators, electro-pneumatic and electro-hydraulic systems, ball screws, roller screws, valves, ASP assemblies, blowout preventer reconditioning, and thrust chambers; it operates primarily from facilities in India with global customer engagements including Boeing, Airbus, Bloom Energy, Rafael, Elbit, and Fluence Energy. In recent developments, MTAR Technologies approved the amalgamation of subsidiaries Gee Pee Aerospace and Defence Private Limited and Magnatar Aero Systems Private Limited in November 2025 to streamline operations in the aerospace and defence segments; the company secured a ₹27.17 crore international order from an existing overseas customer in November 2025, bolstering revenue visibility; it reported robust order inflows reaching 480 crores post-Q2 FY26 toward a year-end book of 2,800 crores, alongside capacity expansions to 12,000 units by March 2026 and further to 20,000 units by FY27; deepening partnerships with Bloom Energy for sheet metal assemblies, bellows, and electrolysers, and onboarding Fluence Energy for battery storage, while pursuing growth in nuclear via a Rs10 billion Kaiga 5 & 6 order and space through increased wallet share with ISRO.