MTAR Technologies Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	7,532	6,760	5,808	5,738	3,220	2,464
Revenue Growth (YoY)	18.45%	16.40%	1.22%	78.18%	30.67%	15.28%
Cost of Revenue	3,856	3,524	3,093	2,763	1,209	837.83
Gross Profit	3,676	3,236	2,715	2,975	2,011	1,626
Selling, General & Admin	1,424	1,238	969.75	939.49	710.5	533.03
Other Operating Expenses	817.03	790.15	617.79	493.94	356.4	260.25
Operating Expenses	2,597	2,350	1,819	1,620	1,210	918.85
Operating Income	1,079	885.99	895.39	1,355	801.16	707.64
Interest Expense	-207.82	-172.92	-188.12	-115.6	-32.55	-40.98
Interest & Investment Income	12.08	12.08	11.32	14.24	34.23	13.1
Currency Exchange Gain (Loss)	25.71	25.71	20.24	144.96	28.57	-2.46
Other Non Operating Income (Expenses)	-70.41	-48.49	-34.53	-22.44	-31.57	-29.03
EBT Excluding Unusual Items	838.91	702.37	704.3	1,376	799.84	648.27
Gain (Loss) on Sale of Investments	0.42	0.42	23.64	27.94	19.64	-
Gain (Loss) on Sale of Assets	12.91	12.91	2.43	-1.81	-	-
Other Unusual Items	-	-	-	-	2.72	-
Pretax Income	852.24	715.7	730.37	1,402	822.2	648.27
Income Tax Expense	217.55	186.83	169.24	368.04	213.46	187.61
Net Income	634.69	528.87	561.13	1,034	608.74	460.66
Net Income to Common	634.69	528.87	561.13	1,034	608.74	460.66
Net Income Growth	44.13%	-5.75%	-45.74%	69.89%	32.15%	47.09%
Shares Outstanding (Basic)	31	31	31	31	31	27
Shares Outstanding (Diluted)	31	31	31	31	31	27
Shares Change (YoY)	-0.02%	-	-	-	13.50%	-3.88%
EPS (Basic)	20.63	17.19	18.24	33.62	19.79	17.00
EPS (Diluted)	20.63	17.19	18.24	33.62	19.79	17.00
EPS Growth	44.16%	-5.75%	-45.74%	69.89%	16.43%	53.02%
Free Cash Flow	-	9.41	-367.85	-1,010	-1,209	-142.18
Free Cash Flow Per Share	-	0.31	-11.96	-32.82	-39.30	-5.25
Dividend Per Share	-	-	-	-	3.000	3.000
Dividend Growth	-	-	-	-	-	-40.00%
Gross Margin	48.81%	47.87%	46.74%	51.85%	62.46%	66.00%
Operating Margin	14.33%	13.11%	15.42%	23.61%	24.88%	28.72%
Profit Margin	8.43%	7.82%	9.66%	18.02%	18.91%	18.69%
Free Cash Flow Margin	-	0.14%	-6.33%	-17.60%	-37.55%	-5.77%
EBITDA	1,460	1,201	1,122	1,535	939.13	830.73
EBITDA Margin	19.39%	17.76%	19.31%	26.76%	29.17%	33.71%
D&A For EBITDA	381.06	314.69	226.2	180.37	137.97	123.09
EBIT	1,079	885.99	895.39	1,355	801.16	707.64
EBIT Margin	14.33%	13.11%	15.42%	23.61%	24.88%	28.72%
Effective Tax Rate	25.53%	26.11%	23.17%	26.25%	25.96%	28.94%
Revenue as Reported	7,600	6,811	5,866	5,932	3,308	2,477
Advertising Expenses	-	-	-	4.4	2.73	2.63

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.