diff --git a/package/mtools/mtools.hash b/package/mtools/mtools.hash
index b81830a7d2..412d67a328 100644
--- a/package/mtools/mtools.hash
+++ b/package/mtools/mtools.hash
@@ -1,5 +1,5 @@
 # Locally calculated after checking pgp signature
-sha256  40a98fd9bcc865997866015013c3c64a304d98c2892fe4ab892ffd6ac3dd9bae  mtools-4.0.42.tar.lz
+sha256  997ffe4125a19de1fd433ed63f128f7d54bc1a5915f3cdb36da6491ef917f217  mtools-4.0.43.tar.lz
 
 # Locally calculated
 sha256  8ceb4b9ee5adedde47b31e975c1d90c73ad27b6b165a1dcd80c7c545eb65b903  COPYING
diff --git a/package/mtools/mtools.mk b/package/mtools/mtools.mk
index 407ac1a2c6..96d8e43ea2 100644
--- a/package/mtools/mtools.mk
+++ b/package/mtools/mtools.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-MTOOLS_VERSION = 4.0.42
+MTOOLS_VERSION = 4.0.43
 MTOOLS_SOURCE = mtools-$(MTOOLS_VERSION).tar.lz
 MTOOLS_SITE = $(BR2_GNU_MIRROR)/mtools
 MTOOLS_LICENSE = GPL-3.0+