NSEPress Release5d ago · 5 Nov 2026, 02:44 pm
Press Release
Standard Engineering Technology Limited · SETL
✦ AI Summary▲ PositiveResults
Standard Engineering Technology Limited (SETL) has announced its unaudited financial results for the quarter and half year ended September 30, 2026, with total revenue up 62.3% YoY, EBITDA up 79.7% YoY, and PAT up 37.9% YoY in Q2 FY27, and total revenue up 53.0% YoY, EBITDA up 56.5% YoY, and PAT up 32.2% YoY in H1 FY27.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Standard Engineering Technology Limited has informed the Exchange regarding a press release dated November 05, 2026, titled "Press Release on the Financial Results for the Quarter and Half Yearly ended September 30,2026".
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Date: November 05, 2026
Listing Compliance Department Listing Compliance Department
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, C-1 Block G,
Dalal Street, Bandra - Kurla Complex, Bandra (East)
Mumbai - 400 001 Mumbai - 400 051
SCRIP CODE: 544333 SYMBOL: SETL
Dear Sir/Madam,
Sub: Press Release on the Financial Results for the Quarter and Half Yearly ended September 30,
2026
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015. Please find enclosed the Press Release on the Financial Results for the Quarter and Half Yearly ended
September 30, 2026.
You are requested to kindly take the above information on record.
Thanking you,
Yours faithfully,
For STANDARD ENGINEERING TECHNOLOGY LIMITED
(Formerly known as Standard Glass Lining Technology Limited)
Kallam Hima Priya
Company Secretary & Compliance Officer
Encl: A/a
Standard Engineering Technology Limited
(Formerly known as Standard Glass Lining Technology Limited)
Registered Office: D-12, Phase -I, IDA Jeedimetla, Hyderabad-500055
Corporate Office: 10th Floor, PNR High Nest, Hydernagar, KPHB Colony, Hyderabad-500085
Manufacturing Unit: Survey No. 42/A, Alinagar, Chetlapotharam Village, Gaddapotharam,
SangaReddy-502319
CIN: L29220TG2012PLC082904 Email: corporate@standardengtech.com Website: www.standardengtech.com Tel: + 040 3518 2204
Press Release
05 November 2026
SETL Q2 & H1 FY27 Delivers Strong Growth
Q2: Total revenue up 62.3% YoY | EBITDA up 79.7% YoY | PAT up 37.9% YoY
H1: Total revenue up 53.0% YoY | EBITDA up 56.5% YoY | PAT up 32.2% YoY
Hyderabad, 05 November 2026: Standard Engineering Technology Limited (SETL), a leading integrated engineering
solutions provider for pharmaceutical, chemical, biotechnology, food, beverages and AI data centre industry, announced
its unaudited financial results for the quarter and half year ended 30th September 2026.
Total revenue EBITDA PAT
Q2 FY27
₹296.6 crore ₹51.4 crore ₹28.2crore
(Quarter Ended 30 Sep
2026) ▲ +62.3% YoY ▲ +79.7% YoY ▲ +37.9% YoY
Total revenue EBITDA PAT
H1 FY27
₹544.3 crore ₹91.0 crore ₹54.9 crore
(Half Year Ended 30 Sep
2026) ▲ +53.0% YoY ▲ +56.5% YoY ▲ +32.2% YoY
Key Financial Highlights
■ Q2 FY27: Total revenue at ₹296.6 crore, up 62.3% YoY; EBITDA at ₹51.4 crore, up 79.7% YoY (EBITDA margin 17.3%);
PAT at ₹28.2 crore, up 37.9% YoY.
■ H1 FY27: Total revenue at ₹544.3 crore, up 53.0% YoY; EBITDA at ₹91.0 crore, up 56.5% YoY (EBITDA margin 16.7%);
PAT at ₹54.9 crore, up 32.2% YoY.
Key Business Highlights
Integrated Engineering Solutions: Core business is growing strongly, with SETL offering end-to-end solutions
for the pharmaceutical, chemical, biotechnology, food, beverages and AI data centre industry.
CDMO Opportunity: Received significant orders from CDMO customers, with strong visibility for future
orders.
Exports: Export enquiries increased significantly, with high-potential opportunities in the United States and
Europe under active discussion.
GL Hakko Partnership: Completed first phase with 19.19% stake to strengthen glass-lining technology and
advanced engineering capabilities.
GScale – AI Data Centers:
● Secondary Fluid Network (SFN): Machinery orders completed; equipment arrival has started; revenue
generation to begin from 15 December 2026.
● Power Products: Machinery orders completed; deliveries from 15 November 2026; production to
commence from 15 January 2027.
● Target: GScale to generate revenue of ₹250 crore plus in Q4 FY27, as per earlier communication.
MD’s Comments
“We are very pleased with our Q2 and H1 FY27 performance, which reflects the strength of our integrated
engineering solutions business, strong CDMO and export opportunities, and the progress in GScale. SETL
is a leading integrated engineering solutions provider for the pharmaceutical, chemical, biotechnology,
food, beverages and AI data centre industry, and we are confident of sustaining this growth momentum
in the coming quarters.”
Nageswara Rao Kandula
Managing Director