{"id":46721,"date":"2026-02-06T14:49:11","date_gmt":"2026-02-06T09:19:11","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2026\/02\/06\/standard-engineering-technology-limited-delivers-strong-q3-and-9m-fy26-performance\/"},"modified":"2026-02-06T14:49:11","modified_gmt":"2026-02-06T09:19:11","slug":"standard-engineering-technology-limited-delivers-strong-q3-and-9m-fy26-performance","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2026\/02\/06\/standard-engineering-technology-limited-delivers-strong-q3-and-9m-fy26-performance\/","title":{"rendered":"Standard Engineering Technology Limited Delivers Strong Q3 and 9M FY26 Performance"},"content":{"rendered":"<div>\n<p><span data-sheets-root=\"1\"><strong>Hyderabad (Telangana) [India], February 05:<\/strong> <\/span>Standard Engineering Technology Limited, formerly Standard Glass Lining Technology Limited, today announced its Q3 and Nine-Month FY26 results, marking a defining phase in the Company\u2019s strategic evolution, financial growth, and long-term value creation journey.<\/p>\n<p><strong>Financial Highlights:<\/strong><\/p>\n<p>Key Highlights for 9M FY26 Financial Results<\/p>\n<ul>\n<li>Total Income stood at Rs. 562 crore, registering a 23.6% YoY growth<\/li>\n<li>EBITDA came in at Rs. 102 crore, up 11.9% YoY, with an EBITDA margin of 18.2%<\/li>\n<li>Profit Before Tax (PBT) is Rs. 83 crore, reflecting a 15.9% YoY increase<\/li>\n<li>Profit After Tax (PAT) is at Rs. 62 crore, up 18.8% YoY, with a PAT margin of 11.0%<\/li>\n<\/ul>\n<p>Key Highlights for Q3 FY26 Financial Results<\/p>\n<ul>\n<li>Total Income stood at Rs.196 crore, registering a 37.1% YoY growth<\/li>\n<li>EBITDA came in at Rs. 34 crore, upby17.0% YoY, with an EBITDA margin of 17.1%<\/li>\n<li>Profit Before Tax (PBT) is Rs. 27 crore, up by22.7% YoY<\/li>\n<li>Profit After Tax (PAT) is at Rs. 20 crore,up by28.3% YoY, with a PAT margin of 10.4%<\/li>\n<\/ul>\n<p>Mr. Nageswara Rao Kandula, Managing Director, said:\u00a0\u201cQ3 and 9M FY26 mark a defining phase for our Company. We have successfully transformed into an integrated engineering platform while continuing to scale our core glass-lining business at a strong pace.<\/p>\n<p>With leadership in glass-lined technologies, breakthrough innovations such as conductivity glass-lined reactors, strong traction in shell-and-tube heat exchangers, and expanding turnkey engineering capabilities, Standard Engineering Technology Limited is well positioned for sustainable, long-term value creation.<\/p>\n<p>Our focus remains on execution excellence, technological leadership, and consistent value creation for our shareholders.\u201d<\/p>\n<p>Q3 FY26 represents a milestone quarter for the Company. During the quarter, we formally completed the\u00a0change of our corporate name to Standard Engineering Technology Limited.<\/p>\n<p>This change is\u00a0strategic, deliberate, and forward-looking.<\/p>\n<p>Let me clearly state for our investors:<\/p>\n<ul>\n<li>Glass lining remains central to our business and growth<\/li>\n<li>It continues to be one of our\u00a0strongest and fastest-growing verticals<\/li>\n<li>The name change reflects an\u00a0expansion of capability and ambition, not a dilution of focus<\/li>\n<\/ul>\n<p>Over the last few years, the Company has evolved from a product-centric organization into a\u00a0high-precision, integrated engineering platform\u2014capable of delivering\u00a0complex, multi-disciplinary projects with single-point responsibility from concept to commissioning.<br \/>\nOur new name simply aligns our identity with this reality.<\/p>\n<p>During Q3, we completed critical strategic initiatives that place the Company on a\u00a0structurally stronger footing for the next decade:<\/p>\n<ul>\n<li>Acquisition of\u00a0Scigenics (India) Private Limited, strengthening our position in\u00a0bioprocess and fermentation systems<\/li>\n<li>Acquisition of a\u00a0majority stake in C2C Engineering Private Limited, now\u00a0Standard C2C Engineering Private Limited, bringing\u00a0process, mechanical, civil, HVAC, electrical, instrumentation, and automation engineering\u00a0fully in-house<\/li>\n<\/ul>\n<p>With these integrations, SETL today operates as a\u00a0true concept-to-commissioning engineering solutions provider, significantly expanding:<\/p>\n<ul>\n<li>Our addressable market<\/li>\n<li>Project scale capability<\/li>\n<li>Long-term revenue visibility<\/li>\n<\/ul>\n<p>Glass lining continues to deliver\u00a0strong growth and innovation leadership.<\/p>\n<ul>\n<li>Our\u00a0shell-and-tube glass-lined heat exchangers, developed with Japanese technology partner\u00a0GL Hakko, have seen exceptional market acceptance<\/li>\n<li>\n<ul>\n<li>Over 200 units currently in order book<\/li>\n<li>100 units already delivered successfully<\/li>\n<\/ul>\n<\/li>\n<li>These products are increasingly replacing graphite and alloy alternatives due to\u00a0superior safety, lifecycle performance, and reliability<\/li>\n<\/ul>\n<p>One of the most important value-creation drivers ahead is\u00a0conductivity glass-lined reactors.<\/p>\n<ul>\n<li>Multiple reactors have already been\u00a0manufactured, supplied, and executed successfully<\/li>\n<li>Customer validation has been extremely positive, particularly from regulated pharmaceutical applications<\/li>\n<\/ul>\n<p>Based on this success:<\/p>\n<ul>\n<li>April 2027 onwards, we will\u00a0officially launch conductivity glass-lined reactors in India and global markets<\/li>\n<li>Our international partner\u00a0IPP has expressed strong interest in selling a majority of these reactors globally<\/li>\n<\/ul>\n<p>We believe this technology has the potential to\u00a0set new global benchmarks in plant safety, creating a\u00a0long-term, high-margin growth engine\u00a0for the Company.<\/p>\n<p>The\u00a0Union Budget 2026, with nearly a\u00a010% increase in allocation to the Department of Health and Family Welfare, reinforces long-term investment momentum across:<\/p>\n<ul>\n<li>Pharmaceuticals<\/li>\n<li>Biotechnology<\/li>\n<li>Advanced manufacturing<\/li>\n<\/ul>\n<p>For SETL, with integrated engineering and turnkey execution capabilities, this creates\u00a0sustained demand visibility\u00a0across greenfield and brownfield projects.<\/p>\n<p><em>If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hyderabad (Telangana) [India], February 05: Standard Engineering Technology Limited, formerly Standard Glass Lining Technology Limited, today announced its Q3 and Nine-Month FY26 results, marking a defining phase in the Company\u2019s strategic evolution, financial growth, and long-term value creation journey. Financial Highlights: Key Highlights for 9M FY26 Financial Results Total Income stood at Rs. 562 crore,&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2026\/02\/06\/standard-engineering-technology-limited-delivers-strong-q3-and-9m-fy26-performance\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Standard Engineering Technology Limited Delivers Strong Q3 and 9M FY26 Performance&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":46722,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-46721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/46721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=46721"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/46721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/46722"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=46721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=46721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=46721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}