BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
MTAR Technologies Ltd. manufactures hi-precision indigenous components, subsystems, assemblies for projects of national importance.
The company manufactures a wide range of critical engineered products and thus enjoys high entry barriers, increased customer dependency and long standing clients’ relationship. Infact, the company has been a sole supplier from India to U.S. based Bloom Energy.
Its revenue is well diversified: clean energy (49% of nine-months FY21 sales), nuclear (27%), space and defence (21%) and others (3%).
More than 50% of its revenue come from the export market. Its order book is healthy at Rs 3.4 billion which is 1.6 times FY20 revenues.
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