Mtar Technologies Profile
Key Indicators
- Authorised Capital ₹ 66.00 Cr
- Paid Up Capital ₹ 30.76 Cr
- Company Age 25 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 875.59 Cr
- Satisfied Charges ₹ 1,055.82 Cr
- Revenue Growth 79.30%
- Profit Growth 70.95%
- Ebitda 63.04%
- Net Worth 19.44%
- Total Assets 46.06%
About Mtar Technologies
Mtar Technologies Limited (MTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 November 1999 and has a history of 25 years and four months. Its registered office is in Na, Telangana.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543270 and on the National Stock Exchange(NSE) under MTARTECH.
The Corporate was formerly known as Mtar Technologies Private Limited. The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 66.00 Cr and a paid-up capital of Rs 30.76 Cr.
The company currently has active open charges totaling ₹875.59 Cr. The company has closed loans amounting to ₹1,055.82 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mtar Technologies Limited India are Gunneswara Pusarla as CFO and Naina Singh as Company Secretary. Krishna Aravamudan, Subbu Behara, Praveen Akepati, and Six other members serve as directors at the Company.
Company Details
- Location Na, Telangana
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Machinery and Equipment
What products or services does Mtar Technologies Limited offer?
Mtar Technologies Limited offers a wide range of products and services, including Metal Finishing & Coating Services, Coating Services, Machine & Precision Tools, Precision Screws, Environment Protection & Auditing, Environmental Consultants, Die Casting & Investment Castings, Industrial Casting, Heat Treating Services, Fabrication Works.
Who are the key members and board of directors at Mtar Technologies?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Parvat Reddy  | Managing Director | 11-Mar-2015 | Current |
| Gunneswara Pusarla | CFO | 08-Nov-2021 | Current |
| Naina Singh | Company Secretary | 25-Jun-2024 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Krishna Aravamudan | Director | 05-Dec-2020 | Current |
| Subbu Behara | Director | 05-Dec-2020 | Current |
| Praveen Akepati | Whole-Time Director | 14-Dec-2020 | Current |
| Anushman Reddy | Whole-Time Director | 09-Aug-2022 | Current |
| Udaymitra Muktibodh | Director | 05-Dec-2020 | Current |
| Venkatasatishkumar Gangapatnam | Director | 21-Sep-2017 | Current |
Financial Performance of Mtar Technologies.
Mtar Technologies Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 79.3% increase. The company also saw a substantial improvement in profitability, with a 70.95% increase in profit. The company's net worth Soared by an impressive increase of 19.44%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mtar Technologies?
In 2023, Mtar Technologies had a promoter holding of 46.63% and a public holding of 53.36%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rasun Ace Infra Private LimitedVenkatasatishkumar Gangapatnam is a mutual person
Nippon Life India Asset Management LimitedAmeeta Chatterjee is a mutual person
Sathguru Catalyser Advisors Private LimitedKrishna Aravamudan is a mutual person
Eurofinance Training Private LimitedSubbu Behara is a mutual person
Eurofinance Training And Publishing Private LimitedSubbu Behara is a mutual person
Espandere Advisors Private LimitedAmeeta Chatterjee is a mutual person
Charges (Loans)
Open Charges
₹875.59 Cr
Satisfied Charges
₹1,055.82 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 651.59 Cr
- Hdfc Bank Limited : 132.00 Cr
- Others : 92.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 May 2024 | Others | ₹16.00 Cr | Open |
| 01 Mar 2024 | Others | ₹24.00 Cr | Open |
| 14 Dec 2023 | Sbicap Trustee Company Limited | ₹651.59 Cr | Open |
| 31 May 2023 | Others | ₹52.00 Cr | Open |
| 17 Dec 2021 | Hdfc Bank Limited | ₹132.00 Cr | Open |
How Many Employees Work at Mtar Technologies?
Mtar Technologies has a workforce of 1593 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mtar Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mtar Technologies's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Mtar Technologies
Recent activity within the organization
- Annual General Meeting
Mtar Technologies Limited last Annual general meeting of members was held on 06 Sep 2024 as per latest MCA records.
- Director Appointment
Naina Singh was appointed as a Company Secretary was appointed as a Company Secretary on 25 Jun 2024 & has been associated with this company since 9 months 2 days .
- Charges
A charge with Others amounted to Rs. 16.00 Cr with Charge ID 100924843 was registered on 18 May 2024.
- Balance Sheet
Mtar Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge registered on 24 Aug 2022 via Charge ID 100607595 with Others was fully satisfied on 26 Mar 2024.
- Charges
A charge with Others amounted to Rs. 24.00 Cr with Charge ID 100884700 was registered on 01 Mar 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Mtar Technologies Limited?
Mtar Technologies Limited was incorporated on 11 Nov 1999.
What is authorized share capital and paid-up capital of Mtar Technologies Limited?
The authorized share capital of Mtar Technologies Limited is ₹ 66.00 Cr and paid-up capital is ₹ 30.76 Cr.
Who are the current board members & directors of Mtar Technologies Limited?
Currently 11 directors are associated with Mtar Technologies Limited.
- Krishna Kumar Aravamudan
- Subbu Venkata Rama Behara
- Praveen Kumar Reddy Akepati
- Anushman Reddy
- Parvat Srinivas Reddy
- Udaymitra Chandrakant Muktibodh
- Venkatasatishkumar Reddy Gangapatnam
- Ameeta Chatterjee
- Gunneswara Rao Pusarla
- Naina Singh
- Gnana Sekaran Venkatasamy
What is the registered address of Mtar Technologies Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mtar Technologies Limited is 18 Technocrats Industrial Estate Balagar, Hyderabad Telanga India, Na, Telangana.
What is the corporate identification number (CIN) and company number of Mtar Technologies Limited?
The corporate identification number (CIN) of Mtar Technologies Limited is L72200TG1999PLC032836 and the company number is 032836 as per Ministry of Corporate Affairs (MCA).
Is Mtar Technologies Limited registered with any stock exchange in India?
Yes, Mtar Technologies Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MTARTECH.
What is the official website of Mtar Technologies Limited?
The Official website of Mtar Technologies Limited is https://www.mtar.in
What has been the recent revenue trend for Mtar Technologies Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mtar Technologies Limited has risen by 79.30%.
How many employees does Mtar Technologies Limited currently have?
As Per 2023 financial reports, 1593 employees are currently employed by Mtar Technologies Limited.
What change has been observed in the net worth of Mtar Technologies Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mtar Technologies Limited has experienced an upsurge of 19.44%.
What are the total open charges for Mtar Technologies Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mtar Technologies Limited amount to ₹ 875.59 Cr.
When was the last Balance Sheet of Mtar Technologies Limited filed with the ROC?
The most recent Balance Sheet for Mtar Technologies Limited was filed with the ROC on 31 Mar 2024.
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