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MTAR Technologies Ltd
NSE: MTARTECH BSE: 543270
₹5726
(5.00%)
Fri, 07 Aug 2026, 08:52 pm
Market Cap (in Cr)17577.11
PE Ratio131.99
Dividend0
Electronic Technology
Aerospace & Defense
24.5KCompany History
1971
- The Inception by Establishing MTAR Unit 1 for BHEL Orders.
1972
- First Order from HMT was received.
1975
- Started Montage for Rough Machining Operations.
1978
- Established Heat Treatment and Surface Treatment Plant.
1980
- Established MTAR Unit 3 for additional capacity for component manufacturing.
1983
- Started supplying components to ISRO.
1985
- Started Manufacturing Ball Screws.
1986
- MTAR entered Defence Manufacturing by making DRDO their Customer.
1988
- HAL, GTRE, ADA became MTAR customers and the Defence sector grew.
1989
- Supplied the First Vikas Engine.
1990
- Incorporation of the Company upon its conversion from a partnership firm to a private limited.
1999
- Incorporation of the Company upon its conversion from a partnership firm to a private limited company.
- Manufacture of base shroud and fin assembly and pneumatic components for use in flight systems.
- Manufacture of base shroud and Fin assembly and pneumatic components for use in Agni Programs.
2002
- MTAR Unit 2 was established for additional capacity for Defence and Space.
2003
- Manufacture of control and safety red drive mechanism and diverse safety rod drive mechanism for IGCAR.
2008
- Manufacture of grid plates for a 500 mega-watt prototype fast breeder reactor.
- Manufacture of grid plates for a 500 mega-watt Reactor.
2010
- Export Oriented Unit 100% EOU was established.
2011
- Commencement of the manufacture of power units for Bloom Energy.
2012
- Manufacture of power units for Bloom Energy.
2018
- Commencement of defence exports by the Company.
2020
- The Company was converted into a public limited company.
- The name of the Company was changed to MTAR Technologies Limited.
- A fresh certificate of incorporation was issued to the Company.
- Commencement of developmental activity for roller screws.
2021
- MTAR Technologies received an accolade for Indigenous Ball Screws.
- MTAR won the prestigious SIDM Champion Award.