Standard Engineering Technology Reports Strong Q3FY26 Results with 36.7% Revenue Growth

2 min read     Updated on 30 Jan 2026, 06:47 PM
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Naman SScanX News Team
Overview

Standard Engineering Technology Limited announced robust Q3FY26 financial results with consolidated revenue of ₹19,156.65 lakhs (up 36.7% YoY) and net profit of ₹2,038.75 lakhs (up 28.3% YoY). The company demonstrated strong performance across all three business segments - Glass Lined Equipment, Metal Equipment and Pumps, and PTFE Lined Equipment. For nine months FY26, revenue reached ₹54,742.46 lakhs with net profit of ₹6,196.75 lakhs, reflecting sustained growth momentum.

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Standard Engineering Technology Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, under Regulation 33 of SEBI Listing Regulations. The company, formerly known as Standard Glass Lining Technology Limited, reported robust performance across key financial metrics during the third quarter.

Q3FY26 Financial Performance

The company delivered strong consolidated financial results for the quarter ended December 31, 2025, demonstrating significant growth across revenue and profitability metrics.

Metric: Q3FY26 Q3FY25 Growth (%)
Revenue from Operations: ₹19,156.65 lakhs ₹14,013.97 lakhs +36.7%
Total Income: ₹19,585.46 lakhs ₹14,283.40 lakhs +37.1%
Net Profit: ₹2,038.75 lakhs ₹1,589.20 lakhs +28.3%
Basic EPS: ₹0.96 ₹0.82 +17.1%

Nine Months Performance

For the nine months period ended December 31, 2025, the company maintained its growth trajectory with substantial improvements in operational performance.

Parameter: 9M FY26 9M FY25 Change (%)
Revenue from Operations: ₹54,742.46 lakhs ₹44,733.48 lakhs +22.4%
Total Income: ₹56,223.09 lakhs ₹45,493.22 lakhs +23.6%
Net Profit: ₹6,196.75 lakhs ₹5,216.02 lakhs +18.8%
Basic EPS: ₹3.02 ₹2.71 +11.4%

Segment-wise Revenue Performance

The company operates through three main business segments, with Metal Equipment and Pumps contributing the largest share of revenue during Q3FY26.

Segment: Q3FY26 Revenue Q3FY25 Revenue Growth (%)
Glass Lined Equipment: ₹6,041.57 lakhs ₹4,020.35 lakhs +50.3%
Metal Equipment and Pumps: ₹12,995.68 lakhs ₹9,668.88 lakhs +34.4%
PTFE Lined Equipment: ₹1,036.78 lakhs ₹843.76 lakhs +22.9%

Corporate Developments

During the quarter, Standard Engineering Technology Limited completed significant corporate actions including a name change from Standard Glass Lining Technology Limited, effective December 29, 2025. The company also completed strategic acquisitions, purchasing 51% equity shareholding in Standard C2C Engineering Private Limited for ₹1,224.00 lakhs and acquiring business operations from Scigenics India Private Limited through its subsidiary Standard Scigenics Private Limited for ₹900.00 lakhs.

The Board of Directors approved these unaudited financial results at their meeting held on February 05, 2026, with M S K A & Associates LLP serving as statutory auditors providing limited review reports for both standalone and consolidated results.

Historical Stock Returns for Standard Engineering Technology

1 Day5 Days1 Month6 Months1 Year5 Years
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Standard Glass Lining Technology Promoter Pledges 37.22 Lakh Shares to Financial Institutions

1 min read     Updated on 14 Jan 2026, 03:47 PM
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Reviewed by
Radhika SScanX News Team
Overview

Standard Glass Lining Technology's promoter Ramakrishna Kandula pledged 37,21,804 equity shares (1.86% of total capital) to Tata Capital, SMFG India Credit, and Bajaj Finance on January 09, 2026, for personal borrowing needs. The pledge represents 3.08% of his total 22.09% stake and was valued at ₹51.88 crores against ₹110 crores borrowing to cover margin shortfall.

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*this image is generated using AI for illustrative purposes only.

Standard Glass Lining Technology Limited's promoter has pledged a significant portion of his equity holdings to three major financial institutions. The disclosure, made under SEBI takeover regulations, reveals the creation of pledge on 37,21,804 equity shares on January 09, 2026.

Pledge Details and Distribution

Promoter Ramakrishna Kandula pledged the shares across three financial institutions for personal borrowing requirements. The distribution of pledged shares shows strategic allocation among established lenders.

Institution: Pledged Shares
Tata Capital Limited: 20,30,075
SMFG India Credit Company Limited: 12,68,797
Bajaj Finance Limited: 4,22,932
Total Pledged: 37,21,804

Shareholding Impact and Proportions

The pledged shares represent 1.86% of the company's total share capital and constitute 3.08% of the promoter's total shareholding. Kandula maintains a substantial stake in the company with 4,40,64,000 shares, representing 22.09% of total share capital.

Parameter: Details
Total Promoter Holding: 4,40,64,000 shares (22.09%)
Shares Pledged: 37,21,804 shares (1.86%)
Pledge as % of Promoter Holding: 3.08%
Date of Pledge Creation: January 09, 2026

Financial Valuation and Security Cover

The pledged shares were valued at ₹51.88 crores on the date of the pledge event. The pledge was created against a borrowing amount of ₹110.00 crores, resulting in a security cover ratio of 0.47. The company's disclosure indicates that these shares were additionally pledged solely to cover margin shortfall requirements.

Regulatory Compliance and Disclosure

The pledge creation was disclosed under Regulation 31(1) read with Regulation 28(3) of SEBI Takeover Code and Regulation 30 of SEBI Listing Obligations. The company confirmed that the encumbered shares do not exceed 50% of promoter shareholding or 20% of total share capital, maintaining compliance with regulatory thresholds.

Standard Glass Lining Technology Limited, formerly known as Standard Glass Lining Technology Limited, is listed on both BSE (scrip code: 544333) and NSE (symbol: SGLTL). The company operates from its facility at D.12, Phase-1, IDA Jeedimetla, Hyderabad, Telangana.

Historical Stock Returns for Standard Engineering Technology

1 Day5 Days1 Month6 Months1 Year5 Years
-0.23%-2.91%-6.08%-35.84%-5.90%-27.20%
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