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MTAR Technologies (MTARTECH)

Defence & Aerospace · NSE · end-of-day 2026-10-19
Close
₹7,178.00
Day change
+1.75%
1-year
+267.7%
From 52-week high
-14.3%
Weinstein stage
Stage 2
Minervini template
7/8
MTAR Technologies closed at ₹7,178.00 on 2026-10-19, up 268% over the past year, 14% below its 52-week high. It meets 7 of 8 conditions of Minervini's trend template; Weinstein's stage analysis reads stage 2 - advancing; on earnings, it passes 4 of 5 SEPA checks. Over the year its annualised volatility was about 61%, with a largest fall of 38% from a peak.

About MTAR Technologies

MTAR Technologies Limited manufactures precision engineering components for nuclear power, aerospace, defense, clean energy, and space applications. The company is recognized for its high-precision machining capabilities and long-standing relationships with strategic organizations. Expansion into hydrogen and clean energy components broadens future opportunities. High technical barriers create durable competitive advantages. Advanced manufacturing expertise supports sustained long-term growth.

Price, RSI and MACD

Price · +45.2% over the period
2,4444,0105,5777,1448,710Apr 26May 26Jun 26Jul 26Aug 26Sep 26Oct 26
RSI (14) · 45.1
305070
MACD (12, 26, 9) · histogram -75.58
-588.4-219150.4519.9889.3
Price · +281.7% over the period
1,1323,0454,9586,8718,784Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26Oct 26
RSI (14) · 45.1
305070
MACD (12, 26, 9) · histogram -75.58
-588.4-219150.4519.9889.3
Price · +322.4% over the period
8052,8054,8046,8048,803Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26Oct 26
RSI (14) · 45.1
305070
MACD (12, 26, 9) · histogram -75.58
-588.4-219150.4519.9889.3
Price · +180.2% over the period
8002,8014,8026,8028,803Feb 24Jul 24Dec 24May 25Oct 25Mar 26Aug 26
RSI (14) · 45.1
305070
MACD (12, 26, 9) · histogram -75.58
-588-218.7150.6519.9889.3
Price: daily close adjusted for splits and bonuses, dashed line the 150-day moving average. MACD: green line, orange dashed signal, bars the histogram. Longer periods are drawn from every second or third session.

Fundamentals

Market capSales (TTM)Net profit (TTM)P/EEPS (TTM)P/BROEROE previous yearROCEDebt / equityFree cash flowEV / EBITDABeta
₹22,079 cr₹1,080 cr₹133 cr165.443.3926.8412.1%7.5%14.8%0.45₹64 cr115.81.29

Quarterly results

QuarterSales ₹ crNet profit ₹ crEPSEPS YoYSales YoYNet margin
Jun 20263615016.33+363.9%+130.4%13.9%
Mar 20263064414.40+222.9%+67.2%14.5%
Dec 20252783511.28+117.3%+59.3%12.5%
Sep 202513641.38-77.4%-28.7%3.1%
Jun 2025157113.52+144.4%+22.1%6.9%
Mar 2025183144.46+182.3%+28.1%7.5%
Dec 2024174165.19+52.6%+47.4%9.2%
Sep 2024190196.10-8.3%+14.0%9.9%
Consolidated · EPS restated onto today's share count after splits and bonuses · net profit as filed.

Minervini SEPA — earnings checks 4 of 5 pass

CheckResult
Latest quarter EPS up 25%+ on a year ago✓ Pass
EPS growth accelerating over 3 quarters✓ Pass
Sales up 25%+, or sales growth accelerating✓ Pass
Annual EPS up 25%+ in each of the last 2 years✗ Fail
Net margin above the same quarter last year✓ Pass

Investor methods

MethodChecksScoreVerdict
Minervini
✓ Close above the 150- and 200-day averages
✓ 150-day above 200-day
✓ 200-day rising for a month
✓ 50-day above the 150- and 200-day
✗ Close above the 50-day
✓ At least 25% above the 52-week low · low 1,880.70
✓ Within 25% of the 52-week high · high 8,374.50
✓ RS percentile 70 or more · RS 98
Trend template - the gate, measured: a modest 21-day edge.
7/87 of 8
Weinstein
Stan Weinstein's stage analysis on the 30-week moving average.
Stage 2 - advancing
CAN SLIM
✓ C latest quarter EPS up 25%+
✗ A annual EPS up 25%+ in each of the last 2 years · O'Neil asks 3; ~2 held
✓ N within 15% of the 52-week high · high 8,374.50
✓ S more volume on up days than down days (50 sessions) · 1.31x
✓ L RS percentile 80 or more · RS 98
— I institutional sponsorship rising · shareholding not collected yet
✓ M market in an uptrend (40%+ of stocks above their 200-day) · breadth 45%
William O'Neil's growth-leader checklist.
5/6Strong
Darvas
✓ Box top confirmed (3 sessions below the new high) · top 8,714.00
✓ Box bottom confirmed (3 sessions holding) · bottom 5,194.00
✗ Close above the box top · close 7,178.00
✓ Volume at least 1.5x its 50-day average · 1.6x
Nicolas Darvas's box: buy the breakout above a confirmed box after a new high.
65/100In box
Turtle
✗ Close above the prior 55-session high · 8,186.50
✗ Close above the prior 20-session high · 8,186.50
✗ Close below the prior 20-session low · 6,750.00
Donchian channel breakout - the Turtle traders' entry.
No signal
Greenblatt
— Earnings yield (EBITDA / EV) · 0.9%
— Return on capital (ROCE) · 14.8%
Joel Greenblatt's Magic Formula: good businesses at good prices, ranked across all companies. Earnings yield uses EBITDA, as EBIT is not held separately.
14/100Weak
Graham
✗ Price at or below the Graham number · Graham number 510.97
✗ P/E 15 or less · P/E 165.4
✗ P/B 1.5 or less (or P/E x P/B 22.5 or less) · P/B 26.84
✗ Current ratio 2 or more · 1.55
— 10 years of positive earnings, 20 of dividends · history not held
Benjamin Graham's defensive-investor tests.
7/100Expensive
Piotroski
✓ Profitable (ROA > 0)
✓ Operating cash flow positive
✓ ROA rising
✓ Cash flow above net profit (earnings quality)
✗ Long-term debt / assets falling
✗ Current ratio rising · 1.55
✓ No new shares issued
✓ Margin rising (net margin)
✗ Asset turnover rising
Joseph Piotroski's F-score, FY 2025 -> 2026.
6/9Average
Each method's own rules applied to this stock - information, not a buy or sell signal. All were tested on 2024-26 data; only the Minervini trend template showed a consistent edge.

Defence & Aerospace sector — top 10 by 1-year return

Stock1M %3M %6M %1Y %3Y %5Y %P/EP/BROE %ROCE %ROA %D/EEV/EBITDA₹ CrSales TTM ₹ CrProfit TTM ₹ CrEPSBeta
MTARTECH this stock-0.3+25.0+45.2+213.6+172.5+323.4165.426.8412.114.8—0.45115.822,0791,08013343.41.29
SWANDEF+6.7+29.6+59.6+338.7———6.83-123.7-7.8—0.51—15,439——-45.0—
ROSSTECH+7.3+50.6+58.0+124.1——216.235.8915.211.3—2.6491.55,558552266.81.62
PARAS-7.8+4.8+61.9+79.3+240.5+181.0107.914.0512.917.3—0.0475.110,1945119611.71.37
UNIMECH+5.6+31.8+76.2+77.0——118.611.599.012.1—0.1575.28,5432857214.21.23
ASTRAMICRO-0.9-7.6+51.9+49.6+229.8+697.281.211.6816.019.8—0.2244.115,3551,14018919.90.82
IDEAFORGE-3.4-17.8+52.6+49.3-11.2——5.110.5——0.12—3,059295-20-4.51.21
DATAPATTNS-10.2+1.5+16.9+44.4+96.8—77.313.0716.723.2—0.0057.022,6901,04129352.40.98
SOLARINDS+6.7+4.1+32.8+40.9+280.4+629.490.028.5531.537.0—0.2366.21.79L11,3522,051220.10.83
AXISCADES+15.8+32.4+13.0+38.2+300.1+2363.8245.212.2710.415.6—0.3849.08,9241,099368.60.87
ZENTEC-3.6-7.0-1.0+18.2+129.1+610.381.27.7810.816.5—0.0044.614,69467119720.00.95
A blank in a return column means the stock is younger than that window. P/B and ROE come from each company's own filings where held.

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Prices as of 2026-10-19, end of day, from NSE. Fundamentals from each company's own exchange filings (XBRL), EPS restated for splits and bonuses. Figures may be delayed and are for information only.
For research & education only — not investment advice. The methods, checks and verdicts are automated rules applied to public data, not buy/sell recommendations. StockLearn is an independent product of ClusterMicro Technologies, not affiliated with or endorsed by the NSE or any exchange. ClusterMicro Technologies is not a SEBI-registered investment adviser. Consult a SEBI-registered adviser before investing.