Daily BriefsIndia

Daily Brief India: MTAR Technologies and more

In today’s briefing:

  • MTAR Technologies- Forensic Analysis


MTAR Technologies- Forensic Analysis

By Nitin Mangal

  • 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.

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