Mtar Technologies Limited

Founded in 1999 and headquartered in Telangana, India.

1999 | Active
Last Updated: October 24, 2024

Mtar Technologies Profile

Key Indicators

  • Authorised Capital ₹ 66.00 Cr
  • Paid Up Capital ₹ 30.76 Cr
  • Company Age 25 Year, 3 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 three 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. Subbu Behara, Parvat Reddy, Krishna Aravamudan, and Six other members serve as directors at the Company.

Company Details

  • Location Na, Telangana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mtar.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L72200TG1999PLC032836

  • Company No.

    032836

  • Stock Symbol

    BSE : 543270 NSE : MTARTECH

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Nov 1999

  • Date of AGM

    06 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

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)

NameDesignationAppointment DateStatus
Parvat Reddy Country flag representing In Managing Director11-Mar-2015Current
Gunneswara Pusarla CFO08-Nov-2021Current
Naina Singh Company Secretary25-Jun-2024Current

Board Members (8)

NameDesignationAppointment DateStatus
Krishna Aravamudan Country flag representing In Director 05-Dec-2020Current
Subbu Behara Country flag representing In Director 05-Dec-2020Current
Gnana Venkatasamy Country flag representing In Director 05-Dec-2020Current
Ameeta Chatterjee Country flag representing In Director 05-Dec-2020Current
Venkatasatishkumar Gangapatnam Country flag representing In Director 21-Sep-2017Current
Udaymitra Muktibodh Country flag representing In Director 05-Dec-2020Current

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%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
79.30%
Revenue from Operations
78.05%
Total Assets
46.06%
Profit or Loss
70.95%
Net Worth
19.44%
EBITDA
63.04%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
18 May 2024Others₹16.00 CrOpen
01 Mar 2024Others₹24.00 CrOpen
14 Dec 2023Sbicap Trustee Company Limited₹651.59 CrOpen
31 May 2023Others₹52.00 CrOpen
17 Dec 2021Hdfc Bank Limited₹132.00 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

    06 Sep 2024

  • 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 7 months 27 days .

    25 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 16.00 Cr with Charge ID 100924843 was registered on 18 May 2024.

    18 May 2024

  • Balance Sheet

    Mtar Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge registered on 24 Aug 2022 via Charge ID 100607595 with Others was fully satisfied on 26 Mar 2024.

    26 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 24.00 Cr with Charge ID 100884700 was registered on 01 Mar 2024.

    01 Mar 2024

Frequently asked questions

  • Mtar Technologies Limited was incorporated on 11 Nov 1999.

  • The authorized share capital of Mtar Technologies Limited is ₹ 66.00 Cr and paid-up capital is ₹ 30.76 Cr.

  • Currently 11 directors are associated with Mtar Technologies Limited.

    • Subbu Venkata Rama Behara
    • Parvat Srinivas Reddy
    • Krishna Kumar Aravamudan
    • Gnana Sekaran Venkatasamy
    • Ameeta Chatterjee
    • Venkatasatishkumar Reddy Gangapatnam
    • Udaymitra Chandrakant Muktibodh
    • Anushman Reddy
    • Praveen Kumar Reddy Akepati
    • Gunneswara Rao Pusarla
    • Naina Singh
  • 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.

  • The corporate identification number (CIN) of Mtar Technologies Limited is L72200TG1999PLC032836 and the company number is 032836 as per Ministry of Corporate Affairs (MCA).

  • Yes, Mtar Technologies Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MTARTECH.

  • The Official website of Mtar Technologies Limited is https://www.mtar.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mtar Technologies Limited has risen by 79.30%.

  • As Per 2023 financial reports, 1593 employees are currently employed by Mtar Technologies Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mtar Technologies Limited has experienced an upsurge of 19.44%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mtar Technologies Limited amount to ₹ 875.59 Cr.

  • The most recent Balance Sheet for Mtar Technologies Limited was filed with the ROC on 31 Mar 2024.

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