market Inner Banner
  • BSE
  • NSE
    • {{d.cmpname}}
    • {{d.price}}
    • ticker-arrow
    • ({{d.PerChg}}%)
Equity | News | Hot Pursuit
Hot Pursuit
MTAR Tech surges after strong results from key client Bloom Energy
Back
(14:52, 30 Apr 2026)
Bloom Energy's shares surged 26% on the NYSE after the company posted adjusted earnings of 44 cents per share, well above estimates. Revenue rose 130% to $751 million, significantly beating expectations.

The company also raised its full-year guidance. It now expects revenue in the range of $3.4 billion to $3.8 billion, compared to its earlier outlook of $3.1 billion to $3.3 billion. Adjusted earnings are projected at $1.85 to $2.25 per share, higher than the previous forecast of $1.33 to $1.48.

MTAR Technologies is a key strategic supplier to Bloom Energy, with a significant portion of its revenue linked to the US company. It manufactures critical assemblies used in Bloom's solid oxide fuel cell systems.

As Bloom scales up production and deployment, demand for MTAR's components is expected to rise, strengthening its order pipeline.

In its last concall, managing director Srinivas Reddy indicated that the company expects revenue growth of 30% to 35% in FY26, with revenue likely to exceed Rs 900 crore. For FY27, the company is targeting around 50% revenue growth, supported by strong demand visibility.

He added that margins are expected to remain around 21% with a variation of 100 basis points, with potential for further improvement in the next financial year.

MTAR Technologies is a leading manufacturer engaged in the manufacturing and development of mission-critical precision-engineered systems catering to clean energy ' civil nuclear power, fuel cells, hydel & others, aerospace and defence sectors. It has nine strategically based manufacturing units including an export-oriented unit each based in Hyderabad, Telangana.

On a consolidated basis, net profit jumped 117.3% YoY to Rs 34.7 crore in Q3 FY26, compared with Rs 16.0 crore in Q3 FY25. Sequentially, profit after tax surged 717.2% from Rs 4.2 crore in Q2 FY26. Revenue from operations rose 59.3% YoY to Rs 278.0 crore in Q3 FY26, up from Rs 174.5 crore a year ago. On a quarter-on-quarter basis, revenue more than doubled, rising 105.0% QoQ from Rs 135.6 crore in Q2 FY26.

Powered by Capital Market - Live News

Top
Scores
Scores 2.O
Online Dispute Redressal (ODR)
Investor Charter
Invester Complaint
Advisory for Investors
Liquidity Enhancement Scheme
KYC documents in vernacular languages
KYC documents in vernacular languages of commodities
.
Stock Broker Name Registration Number Registered Address Branch Address Contact Number Email id
DB (International) Stock Brokers Limited INZ000179035 (BROKING)

IN-DP-CDSL-266-2004 (DEPOSITORY) 		Unit No. 210/211/211A at 2nd floor, Dalal Street Commercial Cooperative Society Ltd, Block No.53, Zone 5, Gift City, Gandhinagar, Gujarat-382355
51, Mini Market T/F Mandir Wali Gali, Yusaf Sarai, New Delhi 110016 011-35936102 greenpark@dbonline.in
C-12, DB Plaza, RDC Raj Nagar, Ghaziabad 201002 0120-4150393 ghaziabad@dbonline.in
Plot No 4, Wasme House, Film City Sector 16A, Noida – 201301 0120-4823200 compliance@dbonline.in
Out Side Jassusar Gate, Bikaner, Rajasthan – 334001 9001643408 bikaner@dbonline.in
Office No 101, City Center, Opp. High Court, M G Road, Indore 452001 9424083019 brajeshsadani@dbonline.in
203, Marshal House 25, Strand Road, Kolkata 700001 033-40055270 b032@dbonline.in
Shop No.-7, 2nd Floor, Amar Complex, Opp. Hanumaan Mandir, The Mall, Solan- 173212 6230604596 parwanoo@dbonline.in
Daga Commodities Private Limited INZ000028833 114, New Delhi House, 27 Barakhamba Road, Delhi 110001- 0120-4823200 compliance@dbonline.in
Daga Business (International) Stock Brokers (IFSC) Private Limited INZ000202436 Unit No. 228, Signature Building, Second Floor, Block 13B, Zone-1, Gift SEZ, Gandhinagar, Gujarat 382355 - 0120-4823200 compliance@dbonline.in

Disclosure regarding proprietary trading:

As required under Circular No. SEBI/MRD/SE/Cir-42/2003 dated 19.11.2003 issued by the Securities and Exchange Board of India; We hereby disclose that in addition to client based business, We are also doing proprietary trading.

Investor Grievances Email ID: investorgrievance@dbonline.in


Copyright © 2016 All rights Reserved DB (International) Stock Brokers Ltd.     Designed, Developed and Maintained by CMOTS InfoTech (ISO 9001:2015 & ISO/IEC 27001:2022 Certified)
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors."          "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Attention Investors ::
subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries | Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020. | Update your email id and mobile number with your stock broker / depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. | Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month........... Issued in the interest of Investors"