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MTAR Technologies Ltd — Defence Order Book & Order Wins

Order inflow parsed from MTAR Technologies Ltd's BSE Reg-30 "Receipt of Order" filings; order-book figures from management's earnings-call disclosures. See the live analysis on MTAR Technologies Ltd.

Latest order book: ₹2,580 Cr (as of Q4 FY26)

Order inflow FY27: ₹2,782 Cr across 3 disclosed wins · trailing 12 months: ₹4,673 Cr (11 wins)

Order-book trend

PeriodOrder book
Q4 FY24₹915 Cr
Q1 FY25₹894 Cr
Q2 FY25₹942 Cr
Q3 FY25₹1,030 Cr
Q4 FY25₹979 Cr
Q1 FY26₹930 Cr
Q2 FY26₹1,703 Cr
Q3 FY26₹2,395 Cr
Q4 FY26₹2,580 Cr

Quarterly order-book bridge

Opening backlog + net order intake − revenue executed = closing backlog.

QuarterOpeningIntakeExecutedClosing
Q4 FY26₹2,395 Cr₹306 Cr₹2,580 Cr
Q3 FY26₹1,703 Cr₹278 Cr₹2,395 Cr
Q2 FY26₹930 Cr₹136 Cr₹1,703 Cr
Q1 FY26₹979 Cr₹157 Cr₹930 Cr
Q4 FY25₹1,030 Cr₹183 Cr₹979 Cr
Q3 FY25₹942 Cr₹1,030 Cr
Q2 FY25₹894 Cr₹942 Cr
Q1 FY25₹915 Cr₹894 Cr

Disclosed inflow by customer

CustomerWinsValue
Export7₹3,410 Cr
Other8₹1,606 Cr

Recent order wins

DateValueCustomerOrder
22 May 2026₹467 CrExportMTAR Technologies Limited received purchase orders worth Rs 467.30 crore (USD 48.68 million) from an international entity.
14 May 2026₹2,279 CrExportMTAR Technologies Limited received purchase orders worth Rs. 2278.96 Crores from an international entity.
1 Apr 2026₹36 CrOtherMTAR Technologies Ltd received a purchase order valued at Rs 35.56 Crores from an international entity in the energy sector for data centre infrastructure produ
18 Dec 2025₹310 CrOtherMTAR Technologies Limited received an additional order valued at Rs. 310 Crores from Megha Engineering & Infrastructures Limited for various equipment for Kaiga
15 Dec 2025₹371 CrOtherMTAR Technologies Ltd received an amended purchase order worth USD 41.17 Mn (approximately Rs. 370.56 Crores) from an existing customer.
6 Dec 2025₹194 CrOtherMTAR Technologies Limited secured orders worth Rs. 194 crore from Megha Engineering & Infrastructures Ltd. for the supply of end fittings and associated compone
12 Nov 2025₹272 CrExportMTAR Technologies Limited received orders worth Rs. 271.75 crore from an existing international customer.
31 Oct 2025₹27 CrExportMTAR Technologies Ltd received an order worth Rs 27.17 crore from an existing international customer.
30 Oct 2025₹264 CrExportMTAR Technologies Ltd received orders worth Rs 263.54 crore from an international entity.
15 Oct 2025₹67 CrExportMTAR Technologies Limited received orders worth Rs. 67.16 crore from an existing international customer.
10 Sept 2025₹386 CrOtherMTAR Technologies Limited secured orders worth Rs. 386.06 crore in the Clean Energy – Fuel cells segment from Bloom Energy Corporation.
19 Jun 2025₹90 CrOtherMTAR Technologies Ltd entered into a 10-year long-term contract with Weatherford Products GMBH for the execution of Whipstock assemblies and other critical prod
9 Jun 2025₹19 CrOtherMTAR Technologies Ltd received orders worth Rs 19.2 crore in the clean energy and aerospace sectors from Bloom Energy Corporation, ISRO, and Sanmina – SCI India
14 May 2025₹34 CrExportMTAR Technologies Limited received orders worth Rs. 34 crore for manufacturing and supply of various precision engineered products in Clean Energy and Aerospace
6 Feb 2025₹200 CrOtherMTAR Technologies Limited received orders worth Rs. 200 Crores in Clean Energy and Aerospace Sectors from various international and domestic entities including