Mtar Technologies Limited has informed the Exchange about a 10 uear lon term contract entered with Weatherford Products GMBH

Order above 5% of revenueExport order in hard currencyBusiness Updates View source PDF Explain this filing

MTARTECH · price

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Price reactionminutes from the announcement price · days from the prior close

+2.3%Reaction day

₹1681.00

prior close

₹1669.80

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.8%+4.1% vs market

Other Electrical Equipment peers, median of 39sector-2.3%+4.6% vs sector

On the reaction day the stock moved 4.1 pts more than Nifty Microcap 250 and 4.6 pts more than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

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Next day

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15d

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 39Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

MTAR Technologies has signed a 10-year long-term contract with Weatherford Products GMBH, a German (international) company, for the supply of whipstock assemblies and other critical products used in oil & gas drilling. Execution is expected at Rs. 10 Crores in FY26 and around Rs. 90 Crores per year starting FY27, totaling roughly Rs. 900 Crores over the contract life. Production will happen at a new facility at Adibatla (Hyderabad region) that is set to go live by June 2026. The order is from an international client, with no related-party involvement.

Likely market impact

This is a meaningful export win for MTAR, providing multi-year revenue visibility and a steady ~Rs. 90 Cr annual inflow from FY27 onwards, which strengthens the order book and de-risks future earnings. The stock may see positive sentiment given the long duration and dollar/euro-denominated international client, though near-term contribution in FY26 is small.