diff --git a/utils/mtools/Makefile b/utils/mtools/Makefile
index 19f012c02b..6e528cb33e 100644
--- a/utils/mtools/Makefile
+++ b/utils/mtools/Makefile
@@ -1,12 +1,12 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=mtools
-PKG_VERSION:=4.0.39
-PKG_RELEASE:=2
+PKG_VERSION:=4.0.43
+PKG_RELEASE:=1
 
 PKG_SOURCE:=$(PKG_NAME)-$(PKG_VERSION).tar.bz2
 PKG_SOURCE_URL:=@GNU/mtools
-PKG_HASH:=397f1e2b7b7a2a270eb7970fa363e445f956926ec51e8170c3869da85b0987bd
+PKG_HASH:=541e179665dc4e272b9602f2074243591a157da89cc47064da8c5829dbd2b339
 
 PKG_BUILD_PARALLEL:=1
 PKG_INSTALL:=1