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MTAR Technologies Ltd logo

MTAR Technologies Ltd

NSE: MTARTECH BSE: 543270

₹7457

(9.50%)

Sat, 23 May 2026, 08:26 am

Company 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.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800