Space Technology

Companies building for space — satellites, launch systems, ground infrastructure — tiered by how much of the business it actually is.

Core — the theme IS a principal business todayGrowing — real operations, not yet the main businessAnnounced — committed plans or orders, little revenue yetMention-only — appears only as outlook language
MTAR TechnologiesOther Electrical EquipmentCore business₹24,146 CrP/E 180.9 vs 24.6ROCE 12.4%

MTAR supplies propulsion and cryogenic engine sub-assemblies (turbo pumps, gas generators, injector heads) for ISRO's space launch vehicles, with new products under development for Gaganyaan.

“In the Aerospace and Defence sector, the Company plays a key role by delivering mission-critical assemblies such as turbo pumps, booster pumps, gas generators, and injector heads for liquid propulsion and cryogenic engines used in Space Launch Vehicles.”

MTAR Technologies Ltd - 543270 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 36
How this list is built

Definition used: Builds or operates satellites, launch vehicles, ground stations or space-grade components; supplies ISRO/commercial space programmes. Membership is extracted from each company’s newest annual report; every quote is validated against the report page before publishing, and core/growing tiers are confirmed by a second independent read (marked ). Companies whose reports our corpus hasn’t read yet simply aren’t listed — absence means unread, not “no exposure”.

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