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MTAR Technologies: A Rising Star in Aerospace and Defense, but with a twist!
MTAR Technologies: A Rising Star in Aerospace and Defense, but with a twist!

MTAR Technologies: A Rising Star in Aerospace and Defense, but with a twist!

The EBITDA margins for FY23 fell short of the guidance provided by the company, standing at around 26.8 per cent, rather than the expected range of 29 per cent +/- 50 bps. 

DSIJ Intelligence-3 Article rating: 3.7

As of the quarter ended March 2023, the promoters of MTAR Technologies held approximately 46.63 per cent stake in the company. What has piqued interest is the fact that since the quarter ended June 2022, the percentage of pledged shares in relation to promoter holding has been on the rise.

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