Standard Engineering Technology files FY26 BRSR report

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Key Highlights

Standard Engineering Technology files FY26 BRSR report with BSE and NSE. Turnover reported at ₹7,022.2 crore with exports at 4.84%. Total energy consumption rose to 52,045.75 GJ, dominated by non-renewables. Zero Liquid Discharge mechanism implemented; water discharge at 60 kL. Employee headcount stands at 621 permanent staff and 284 workers.

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Standard Engineering Technology Limited submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 to the BSE and NSE on August 24, 2026. The filing covers consolidated disclosures on environmental, social, and governance metrics.

The company operates five plants and one office across India, serving 17 states domestically and two countries internationally. Exports contributed 4.84% to total turnover in FY26. The entity reported a turnover of ₹7,022.2 crore and a net worth of ₹8,177.7 crore.

What the Numbers Show

Total energy consumption rose to 52,045.75 GJ in FY26 from 39,534.94 GJ in FY25. This increase was driven primarily by non-renewable sources, which accounted for 49,087.68 GJ (94% of total energy), while renewable consumption stood at 2,958.07 GJ. Scope 2 emissions also increased significantly to 9,171.65 metric tonnes of CO2 equivalent from 6,627.75 metric tonnes in the prior year.

Environmental Metrics

The company implemented a Zero Liquid Discharge-oriented mechanism at its SETL plant, reusing treated wastewater for gardening and hydro testing. Water withdrawal from third-party sources was 4,633.62 kilolitres, with total consumption at 7,110 kilolitres. Total water discharged was minimal at 60 kilolitres.

Metric FY26 FY25
Total Energy Consumption (GJ) 52,045.75 39,534.94
Renewable Energy Share (GJ) 2,958.07 3,614.44
Scope 1 Emissions (MT CO2e) 212.96 220.99
Scope 2 Emissions (MT CO2e) 9,171.65 6,627.75
Waste Generated (Tonnes) 12 295.70

Employee & Governance Data

As of March 31, 2026, the company employed 621 permanent employees and 284 workers. Female representation among permanent employees was 9.5%. The board includes three women directors (21.43%). No complaints regarding sexual harassment, discrimination, or child labour were recorded during the year. The turnover rate for permanent employees was 30.59% in FY26, up from 25.29% in FY25.

Historical Stock Returns for Standard Engineering Technology

1 Day5 Days1 Month6 Months1 Year5 Years
+4.90%+4.67%+7.84%+147.52%+68.34%+91.30%

How does Standard Engineering Technology plan to reduce its heavy reliance on non-renewable energy sources, given that they accounted for 94% of total consumption in FY26?

What specific strategies will the company implement to address the 30.59% employee turnover rate, which saw a significant increase from the previous fiscal year?

Given the sharp rise in Scope 2 emissions, what timeline has the company set for transitioning its electricity supply to renewable sources?

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Standard Engineering Technology schedules 14th AGM for September 18

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Reviewed by
Shriram SScanX News Team
Key Highlights

Standard Engineering Technology schedules 14th AGM for September 18, 2026. Meeting conducted via video conferencing with remote e-voting via NSDL. Agenda includes adoption of FY26 accounts and director re-appointments. Statutory auditors M S K A & Associates LLP recommended for five-year term.

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Standard Engineering Technology Limited has scheduled its 14th Annual General Meeting for September 18, 2026. The meeting will be held via video conferencing to transact ordinary and special business items.

The company notified stock exchanges on August 24, 2026, regarding the upcoming meeting. The event is scheduled for 11:00 am IST and will be conducted through Video Conferencing or Other Audio-Visual Means in compliance with Ministry of Corporate Affairs circulars.

Ordinary Business Agenda

Shareholders will consider the adoption of the audited financial statements for the fiscal year ended March 31, 2026. The agenda also includes the re-appointment of two directors retiring by rotation:

  • Mrs. Krishna Veni Kandula (DIN: 02260233)
  • Mr. Kandula Ramakrishna (DIN: 05281520)

Both directors are eligible and have offered themselves for re-appointment. Mrs. Kandula holds 3,71,89,120 equity shares, while Mr. Kandula holds 4,40,64,000 shares as on the date of the notice.

Auditor Re-Appointments

The special business segment focuses on auditor appointments for the coming fiscal years. The Board recommends re-appointing M/s. M S K A & Associates LLP as Statutory Auditors for a second term of five consecutive years. This term commences from the conclusion of the 14th AGM until the conclusion of the 19th AGM.

Auditor Type Firm Name Remuneration Term
Statutory M S K A & Associates LLP ₹27,00,000 per year plus GST 5 years
Cost G K & Associates ₹75,000 plus GST FY27

The proposed remuneration for the Statutory Auditors is ₹27,00,000 per financial year, excluding out-of-pocket expenses and GST. Additionally, shareholders will vote to ratify the remuneration of ₹75,000 for M/s. G K & Associates as Cost Auditors for the financial year ending March 31, 2027.

Voting and Attendance Details

Remote e-voting will be facilitated by National Securities Depository Limited. The voting window opens on September 15, 2026, at 9:00 am and closes on September 17, 2026, at 5:00 pm. Shareholders holding securities as on the record date of September 11, 2026, are eligible to cast their votes.

Physical attendance is dispensed with. Members can join the virtual meeting 15 minutes before or after the scheduled start time. Up to 1,000 members can join on a first-come, first-served basis, though this restriction does not apply to large shareholders, promoters, or institutional investors.

Historical Stock Returns for Standard Engineering Technology

1 Day5 Days1 Month6 Months1 Year5 Years
+4.90%+4.67%+7.84%+147.52%+68.34%+91.30%

How might the re-appointment of the founding directors impact the company's strategic direction and governance stability over the next fiscal year?

What are the potential implications of locking in M/s. M S K A & Associates LLP as statutory auditors for a five-year term on the company's financial transparency and audit quality?

Given the significant shareholding of the retiring directors, how will their continued tenure influence shareholder confidence and minority investor interests?

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