MTAR Technologies Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook

Fri Apr 24 2026

MTAR Technologies (MTARTECH) Q4 results for FY26 are expected in May 2026. With Q3 FY26 revenue of Rs 280 Cr and PAT of Rs 45 Cr as the base, the street is watching closely for margin trajectory and management guidance on FY27 demand.

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Table of Contents

MTAR Technologies Q4 FY26 Earnings Preview â€” What to Expect

India’s defence sector is witnessing significant order activity backed by rising domestic procurement mandates, indigenisation push and growing defence exports, making Q4 FY26 a strong quarter for listed defence manufacturers.

MTAR Technologies Q4 Results 2026 â€” Date and Key Estimates

Parameter	Q3 FY26 Actual	Q4 FY26 Estimate	YoY Growth
Revenue (Rs Cr)	280	318	+14%
PAT (Rs Cr)	45	52	+16%
EBITDA Margin	—	16.4%	Improvement expected
Results Date	—	May 2026	—
Dividend History	Rs 5.00 per share
Dividend Expectation	Rs 7.00 final dividend expected

Estimates based on analyst consensus as of April 2026. Actual results may vary.

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5 Reasons MTAR Technologies Q4 Results Could Beat Estimates

Strong Domestic Order Pipeline

India’s rising defence capex budget and Make in India policy are creating robust order opportunities for domestic manufacturers across land, sea and air segments.

Defence Export Growth

India’s defence exports have grown significantly in recent years, with government diplomatic support and competitive products creating reliable international revenue streams.

Indigenisation Mandates

Positive indigenisation lists and offset obligations under DAP 2020 are creating captive demand for domestic defence manufacturers and reducing import dependence.

Armed Forces Modernisation

Comprehensive modernisation programmes across the Indian Army, Navy and Air Force are sustaining long-term, multi-year defence procurement demand for domestic industry.

Naval Expansion Programme

India’s expanding naval shipbuilding programme and maritime security requirements are driving substantial orders for warships, submarines and naval equipment from domestic yards.

5 Key Risks to Watch in MTAR Technologies Q4 Results

Execution and Delivery Delays

Complex technical requirements, supply chain dependencies and government approvals often delay execution timelines and push revenue recognition to future quarters.

Defence Budget Variability

Capex allocations within the defence budget can shift to revenue expenditure in any given year, delaying order conversion and contract finalisation.

Technology and IP Risk

Sophisticated platforms may require proprietary technology or international technology transfer, creating IP challenges and potential cost overruns.

Global OEM Competition

For high-end platforms, government-to-government defence deals with global OEMs create competitive pressure on domestic manufacturers’ win rates.

Long Gestation and Working Capital Pressure

Very long project development and delivery periods create working capital stress and delayed revenue recognition for defence manufacturers.

Analyst Ratings and Target Price for MTAR Technologies

Brokerage	Rating	Key Thesis
YES Securities	Buy	Order book momentum and indigenisation dividend
JM Financial	Buy	Export growth and domestic defence super-cycle
ICICI Direct	Outperform	Defence capex trajectory highly favourable

Analyst ratings are for informational purposes only. Not investment advice.

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Frequently Asked Questions â€” MTAR Technologies Q4 Results 2026

Q: When will MTAR Technologies announce Q4 FY26 results?

MTAR Technologies is expected to announce Q4 FY26 results in May 2026. Track the exact date on Univest Screener.

Q: What revenue is expected for MTAR Technologies Q4 FY26?

Analyst consensus estimates MTAR Technologies Q4 FY26 revenue at approximately Rs 318 Cr, representing approximately 14% year-on-year growth.

Q: What PAT is expected for MTAR Technologies in Q4 FY26?

Estimated PAT for MTAR Technologies Q4 FY26 is approximately Rs 52 Cr, up approximately 16% year-on-year.

Q: Will MTAR Technologies declare a dividend in Q4 FY26?

Historical dividend pattern: Rs 5.00 per share. Q4 FY26 expectation: Rs 7.00 final dividend expected.

Q: What is the current share price of MTAR Technologies?

MTAR Technologies (MTARTECH) is currently trading at approximately Rs 1680 with a market capitalisation of Rs 4,850 Cr. Track live on Univest Screener.

Q: Is MTAR Technologies a buy before Q4 results?

This article does not constitute investment advice. Consult a SEBI-registered financial advisor before making any investment decision.

Disclaimer: Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. SEBI Registration: INH000012449.