MTARTECH

Mtar Technologies vs Peers

₹7,821.00+1.33%
Market cap
₹24,057 crore
P/E
180.3
P/B
29.25
ROE
12.1%
Dividend yield
1.20%

Mtar Technologies ranks 4th by market capitalisation among 15 Other Electrical Equipment companies tracked by ATS. Its largest peers are Apar Industries, Waaree Energies and Premier Energies. Its P/E of 180.3 compares with a peer median of 21.4.

Mtar Technologies vs Other Electrical Equipment peers

Sorted by market capitalisation.

Mtar Technologies and peers compared on size, valuation and returns
CompanyClose (₹)1DMarket cap (₹ cr)P/EP/BROE1Y return
Apar Industries18,215.00+1.10%73,16761.913.5719.7%+12.5%
Waaree Energies2,402.50+0.19%69,10818.14.7931.0%+12.5%
Premier Energies911.25+0.47%41,12424.79.5542.4%+12.5%
Mtar Technologies7,821.00+1.33%24,057180.329.2512.1%+22.0%
Emmvee Photovoltaic Power306.00+3.20%21,18616.65.7351.1%+12.5%
Diamond Power Infrastructure371.50+0.87%19,57799.6-32.40-21.3%+12.5%
Avalon Technologies2,457.80+2.39%16,410122.822.7416.9%+12.5%
Fujiyama Power Systems435.65+4.01%13,34945.310.4836.4%+12.5%
Waaree Renewable Technologies816.60-1.13%8,52116.89.1268.9%+12.5%
Genus Power Infrastructures302.35-1.58%8,36512.83.7729.0%+12.5%
Vikram Solar149.02-1.64%5,39915.11.7021.3%+12.5%

Source: NSE end-of-day prices; ratios from company filings. Data as of 7 October 2026. How this data is compiled.

Mtar Technologies peer comparison — frequently asked questions

Who are Mtar Technologies' competitors?

Mtar Technologies' listed peers in Other Electrical Equipment include Apar Industries, Waaree Energies, Premier Energies, Emmvee Photovoltaic Power, Diamond Power Infrastructure and Avalon Technologies, ranked here by market capitalisation.

How does Mtar Technologies' P/E compare with its peers?

Mtar Technologies trades at a P/E of 180.3, against a median of 21.4 across the 10 Other Electrical Equipment peers shown.

Which is the largest company among Mtar Technologies' peers?

By market capitalisation, the largest company in the group is Apar Industries at ₹73,167 crore, against ₹24,057 crore for Mtar Technologies.

Same Data For Peers

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Figures are for information only and are not investment advice or a recommendation to buy, sell or hold any security. Investments in securities are subject to market risks; read all related documents carefully before investing.