2025-05-02 11:16:30
Latest Post
Godrej Agrovet Limited consolidated Q4FY25 net profit drops QoQ to Rs. 70.78 crores
L G Balakrishnan & Bros Ltd posts Rs. 84.03 crores consolidated profit in Q4FY25
Swastika Investmart Ltd Q4 FY2025 consolidated profit slumps to Rs. 27.17 lakhs
Vertex Securities Ltd consolidated Q4 FY25 loss at Rs. 53.99 lakhs
The Federal Bank Limited consolidated Q4FY25 PAT jumps to Rs. 1108.31 crores
Stock Report
MTAR Technologies Ltd Q4FY21 consolidated PAT at Rs. 18 crore
Posted On : 2021-06-02 19:06:14( TIMEZONE : IST )
MTAR Technologies Ltd has reported financial results for the period ended March 31, 2021.
Financial Results (Q4 FY20-21) - QoQ Comparison
The company has reported total income of Rs.69.75 crores during the period ended March 31, 2021 as compared to Rs.55.38 crores during the period ended December 31, 2020.
The company has posted net profit / (loss) of Rs.18 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.8.85 crores for the period ended December 31, 2020.
The company has reported EPS of Rs.6.65 for the period ended March 31, 2021 as compared to Rs.3.30 for the period ended December 31, 2020.
| Financials | Q4 FY20-21 | Q3 FY20-21 | % Change |
| Total Income | ₹ 69.75 crs | ₹ 55.38 crs |  25.95% |
| Net Profit | ₹ 18 crs | ₹ 8.85 crs | 103.39% |
| EPS | ₹ 6.65 | ₹ 3.30 | 101.52% |
Financial Results (Q4 FY20-21) - YoY Comparison
The company has reported total income of Rs.69.75 crores during the period ended March 31, 2021 as compared to Rs.64.82 crores during the period ended March 31, 2020.
The company has posted net profit / (loss) of Rs.18 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.8.86 crores for the period ended March 31, 2020.
The company has reported EPS of Rs.6.65 for the period ended March 31, 2021 as compared to Rs.3.15 for the period ended March 31, 2020.
| Financials | Q4 FY20-21 | Q4 FY19-20 | % Change |
| Total Income | ₹ 69.75 crs | ₹ 64.82 crs | 7.61% |
| Net Profit | ₹ 18 crs | ₹ 8.86 crs | 103.16% |
| EPS | ₹ 6.65 | ₹ 3.15 | 111.11% |
Financial Results (Year ended FY 20-21) - YoY Comparison
The company has reported total income of Rs.247.74 crores during the 12 months period ended March 31, 2021 as compared to Rs.218.14 crores during the 12 months period ended March 31, 2020.
The company has posted net profit / (loss) of Rs.46.06 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.31.31 crores for the 12 months period ended March 31, 2020.
The company has reported EPS of Rs.16.99 for the 12 months period ended March 31, 2021 as compared to Rs.11.11 for the 12 months period ended March 31, 2020.
| Financials | Year Ended FY20-21 | Year Ended FY19-20 | % Change |
| Total Income | ₹ 247.74 crs | ₹ 218.14 crs | 13.57% |
| Net Profit | ₹ 46.06 crs | ₹ 31.31 crs | 47.11% |
| EPS | ₹ 16.99 | ₹11.11 | 52.93% |
Commenting on the results and performance for Q4 & FY21, Mr. Srinivas Reddy, Managing Director for MTAR Technologies Limited said: "Despite challenges faced due to Covid-19 pandemic during the year gone by, your Company has been able navigate & has delivered resilient performance for the quarter & year ended FY21.
Our revenues stood strong at Rs. 246.4 crs for FY21, a growth of 15% Y-o-Y. Our order book as on 31st March 2021 stood at Rs. 415.9 crs giving us strong revenue visibility for the coming years.
We have been able to penetrate deeper among the existing customers & are witnessing traction from new customers across geographies. Our continuous focus on the markets we operate in has reaped rich benefits with prestigious order wins & are optimistic for future as well.
At MTAR, we are continuously working on expansion of our product portfolio in developing critical hi-precision indigenous components and assemblies across sectors. We are in the process of developing associated technology for roller screws and electromechanical actuators. In addition, we are adding new capabilities by establishing exclusive facilities for precision sheet metal manufacturing and specialised fabrication at our Adibatla plant, which is expected to increase our wallet share from existing customers and add new customers.
With our state of art manufacturing facilities, technology & innovation capabilities, execution strength & client stickiness, we believe we are well placed to capture the opportunities in the markets we operate.
With strong order book in hand, we maintain a positive outlook and are optimistic of sustaining the growth momentum.
I would also like to thank all the share holders participating in the IPO & showing trust in our company. Moving forward, we also reiterate our confidence to create long-term shareholder value."
