In today’s briefing:
- MTAR Technologies- Forensic Analysis
MTAR Technologies- Forensic Analysis
- MTAR Technologies (MTARTECH IN) is a precision engineered company that caters to customers in clean energy, Space, Defense sectors, etc.
- The company has done well over the last few years in terms of securing business, however there are concerns on the margins end, working capital and cash generation.
- There also exists a high business risk in terms of customer concentration since more than 75% of the revenues (F23) come from one single entity.