MTAR Technologies Ltd - 543270 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Monitoring Agency Report03-11-2021
03-11-2021
MTAR Technologies Ltd - 543270 - Compliances - Statement Of Deviation For Quarter Ended 30.09.02021
Compliances - Statement of Deviation for quarter ended 30.09.0202103-11-2021
Earnings Call for Q2FY22 of MTAR Technologies
Conference Call with MTAR Technologies Management and Analysts on Q2FY22 Performance and Outlook. Listen to the full earnings transcript.03-11-2021
Q2FY22 Quarterly Result Announced for MTAR Technologies Ltd.
Financial Highlights: YoY Highlights – Q2 FY 22 Vs Q2 FY21: Revenue from Operations stood at Rs. 91.30 crore as against Rs. 73.29 crore in Q2FY21, 24.57% increase YoY EBITDA reported at Rs 29.44 crore as compared to Rs. 24.08 crore in Q2FY21, 22.26% increase YoY Profit Before Tax stands at Rs 27.11 crore as against Rs. 19.76 crore in Q2FY21, 37.15% increase YoY Profit After Tax reported was at Rs. 19.05 crore as against Rs. 13.89 crore in Q2FY21, 37.23% increase YoY Diluted EPS stands at Rs. 6.19 Q2FY22 vs Q1FY22 (Consolidated) Revenue from operations for the quarter ended September 30th, 2021 stood at Rs. 91.30 crore as compared to Rs. 54.03 crore in Q1FY22, 68.97% increase QOQ. The Earnings before Interest, Tax, Depreciation and Amortization (Core EBITDA) stood at Rs. 29.44 crore in Q2FY22 as against Rs. 14.47 crore in Q1FY22, 103.43% increase QOQ. The Company’s EBITDA margin stood for Q2 FY 22 at 32.24% Profit Before Tax (PBT) stood at Rs. 27.11 crore for Q2FY22 as compared to Rs. 12.55 crore in Q1FY22, 116.01% increase QOQ. The company’s PBT margin stood for Q2 FY 22 at 29.69% Profit After Tax (PAT) reported stood at Rs. 19.05 crore for Q2FY22 as against Rs. 8.71 crore in Q1FY22, 118.79% increase QOQ. PAT margin stood for Q2 FY 22 at 20.87% Operational Highlights: Revenue from Exports is increased by 32.34% in comparison with Q2 FY 21, Received Rs. 220 Crs of orders from Bloom for Yuma version of SOFC units in Q2 FY 22. Qualification for Keeylocko version of SOFC units and sheet metal parts of Bloom are under progress Order book as on 30 Sept 2021 stands at 535.64 Crs in comparison with 288.09 Crs as on 30 Sept 2020 The company has received a rating of A-(Positive) from ICRA and A-/Stable from CRISIL for FY 22 Commenting on the results, Mr. Parvat Srinivas Reddy, Managing Director & Promoter, MTAR Technologies, said, “We have witnessed an impressive growth in terms of revenue and order inflow in Q2 FY22 after the challenges imposed by Pandemic in Q1. MTAR has clocked a revenue of Rs. 91.30 Crs with an YoY growth of 24.57%. We have posted an EBITDA of Rs. 29.44 Crs with an YoY growth of 22.26% and a net profit of Rs. 19.05 Crs with an YoY growth of 37.23%. We have received largest single order worth ~Rs. 220 Cr from Bloom in Q2; anticipate an accelerated order inflow from domestic and exports in Q3 and Q4. We are confident of continuing this growth momentum backed by a robust order book over the coming quarters as the Indian manufacturing is at an inflection point amidst push by government on Atmanirbhar Bharat initiative." Result PDF03-11-2021
MTAR Technologies Ltd - 543270 - Announcement under Regulation 30 (LODR)-Investor Presentation
Announcement under Regulation 30 (LODR) - Investor Presentation03-11-2021
MTAR Technologies Ltd - 543270 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Investors Press Release on the Financial Performance of the Company for the quarter ended 30.09.202102-11-2021
MTAR Technologies Ltd - 543270 - Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
Resignation of Mr. Sudipto Bhattacharya as Chief Financial Officer of the Company and Appointed as financial advisor to the Company.02-11-2021
MTAR Technologies Ltd - 543270 - Appointment Of Mr. Gunneswara Rao Pusarla As The Chief Financial Officer Of The Company.
Appointment of Mr. Gunneswara Rao Pusarla as the Chief Financial Officer of the Company.02-11-2021
MTAR Technologies Ltd - 543270 - Financial Results For Quarter And Half Year Ended 30.09.2021
Financial results for quarter and half year ended 30.09.202102-11-2021
MTAR Technologies Ltd - 543270 - Board Meeting Outcome for Outcome Of Board Meeting Held On 02.11.2021
Outcome of Board Meeting held on 02.11.202102-11-2021