Standard Engineering Technology Ltd
Incorporated in September 2012, Standard Engineering Technology is a manufacturer of engineering equipment for the pharmaceutical and chemical sectors in India.[1]
- Market Cap ₹ 5,991 Cr.
- Current Price ₹ 300
- High / Low ₹ 307 / 105
- Stock P/E 70.0
- Book Value ₹ 39.5
- Dividend Yield 0.00 %
- ROCE 14.7 %
- ROE 10.7 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 7.59 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.8% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Part of BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|
| 240 | 498 | 544 | 614 | 774 | 849 | |
| 200 | 412 | 449 | 506 | 655 | 720 | |
| Operating Profit | 40 | 86 | 95 | 107 | 119 | 129 |
| OPM % | 17% | 17% | 17% | 18% | 15% | 15% |
| 1 | 2 | 6 | 12 | 19 | 18 | |
| Interest | 4 | 9 | 12 | 15 | 11 | 11 |
| Depreciation | 4 | 8 | 9 | 11 | 16 | 17 |
| Profit before tax | 34 | 72 | 80 | 94 | 111 | 119 |
| Tax % | 26% | 26% | 25% | 27% | 25% | |
| 25 | 53 | 60 | 69 | 83 | 89 | |
| EPS in Rs | 16.44 | 33.84 | 32.14 | 3.23 | 4.01 | 4.28 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 16% |
| TTM: | 32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| TTM: | 21% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 84% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 13% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 15 | 16 | 18 | 199 | 199 |
| Reserves | 54 | 140 | 389 | 507 | 589 |
| 70 | 82 | 129 | 68 | 83 | |
| 159 | 110 | 129 | 184 | 382 | |
| Total Liabilities | 298 | 348 | 665 | 958 | 1,254 |
| 52 | 75 | 96 | 136 | 183 | |
| CWIP | 1 | 3 | 4 | 8 | 27 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 245 | 269 | 565 | 814 | 1,045 | |
| Total Assets | 298 | 348 | 665 | 958 | 1,254 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -7 | 2 | -65 | 5 | 45 | |
| -30 | -29 | -157 | -160 | -38 | |
| 37 | 33 | 232 | 141 | -2 | |
| Net Cash Flow | 0 | 5 | 10 | -14 | 6 |
| Free Cash Flow | -12 | -28 | -99 | -23 | -16 |
| CFO/OP | 3% | 26% | -49% | 26% | 58% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 125 | 67 | 104 | 127 | 120 |
| Inventory Days | 399 | 183 | 258 | 296 | 386 |
| Days Payable | 198 | 96 | 102 | 115 | 171 |
| Cash Conversion Cycle | 326 | 154 | 260 | 309 | 335 |
| Working Capital Days | 53 | 66 | 178 | 272 | 226 |
| ROCE % | 43% | 24% | 16% | 15% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Export Revenue Share % |
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| Number of Manufacturing Facilities count |
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| Permanent Employees count |
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| Reaction Systems Revenue Share (Core Glass-Lining) % |
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| Top 10 Customer Revenue Concentration % |
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| Capacity Utilization - SGL Unit (Glass-Lined Equipment) % |
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| Order Book INR crore |
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| Total Manufacturing Built-up Area sq ft |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
- EGM on 10 Aug 2026 approved 7 resolutions, including preferential share issue and share-swap arrangement.
- Shareholder Meeting / Postal Ballot-Outcome of EGM
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Corrigendum
- EGM notice corrected: Mr. Uma Maheswara Rao Kancherla independent director appointment now requires special resolution.
- Announcement under Regulation 30 (LODR)-Newspaper Publication
Concalls
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Aug 2026Transcript PPT REC
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Jun 2026TranscriptAI SummaryPPT
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May 2026Transcript PPT REC
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT REC
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Jun 2025Transcript PPT REC
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May 2025TranscriptAI SummaryPPT
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Feb 2025Transcript PPT
Business Transition[1]
Standard Engineering Technology Limited (SETL), formerly Standard Glass Lining Technology Limited, has evolved from a glass-lined equipment manufacturer into a high-precision engineering and advanced process technology company. It offers end-to-end solutions including design and detailed engineering, fabrication and manufacturing, assembly and commissioning, validation and lifecycle maintenance, along with turnkey plant execution capabilities.