Standard Engng TCNLGY Ltd
NSE: SETL · Industrial Products · sector
₹350.90NSE close 2026-10-26
Key numbers
Market cap₹7,000 cr
Price₹350.90
52w high / low₹468 / ₹105
P/E82.0xSector median 24.2x
P/B8.9xSector median 2.8x
Book value₹39.5
Dividend yield–Sector median 0.50%
ROE11.6%Sector median 11.5%
ROCE15.4%Sector median 13.4%
OPM15.2%Sector median 10.3%
Debt / equity0.07xSector median 0.17x
EV/EBITDA53.8xSector median 16.7x
Interest cover11.5x
Current ratio2.40x
Sales growth 3y–Sector median +10.2%
Profit growth 3y–Sector median +12.8%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 152 companies in Industrial Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹115 cr vs borrowings ₹57 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 11.5x in the last 12 months.
- 21.38% of the promoters' shares are pledged (12.9% of all shares).
- Other income was 21% of net profit in the last 12 months.
- No dividend in the last 2 financial years.
- Price ₹350.90 on 2026-10-26: -25.0% from the 52-week high, +235.6% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹424.70 · low ₹110.45
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 140 | 166 | 173 | 183 | 192 | 227 | 248 |
| EBITDA | 26 | 24 | 30 | 29 | 29 | 32 | 40 |
| OPM % | 18.5% | 14.2% | 17.1% | 15.7% | 15.3% | 13.9% | 16.0% |
| Other income | 3 | 5 | 5 | 5 | 4 | 4 | 4 |
| Net profit | 15 | 15 | 21 | 20 | 20 | 20 | 26 |
| EPS (₹) | 0.82 | 0.76 | 1.05 | 1.01 | 0.96 | 0.99 | 1.32 |
| Revenue YoY | +36.7% | +36.3% | +43.1% | ||||
| Profit YoY | +36.0% | +31.1% | +26.3% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY25 | FY26 | TTM |
|---|---|---|---|
| Revenue | 614 | 774 | 849 |
| EBITDA | 107 | 119 | 129 |
| Net profit | 64 | 80 | 87 |
| EPS (₹) | 3.47 | 4.01 | 4.28 |
| Revenue growth | +26.1% | – | |
| Profit growth | +24.4% | – | |
| Dividend / share (₹) | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | – |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 707 | 789 |
| Borrowings | 39 | 57 |
| Cash & equivalents | 122 | 115 |
| Total assets | 958 | 1,254 |
| Fixed assets | 101 | 129 |
| Capital work in progress | 8 | 27 |
| Investments | 0 | 0 |
| Receivables | 214 | 256 |
| Inventory | 279 | 438 |
| Payables | 108 | 195 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 5 | 45 |
| Cash from investing | -160 | -38 |
| Cash from financing | 141 | -2 |
| Capex | 28 | 62 |
| Free cash flow | -23 | -16 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 9.1% | 10.1% |
| ROCE % | 14.6% | 14.4% |
| Debtor days | 127 | 120 |
| Inventory days | 296 | 386 |
| Payable days | 115 | 171 |
| Cash conversion cycle (days) | 308 | 335 |
| Working capital days | 345 | 280 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 60.47% |
| FIIs | 1.30% |
| DIIs | 1.66% |
| of which Mutual funds | 1.60% |
| Public (non-institutions) | 36.57% |
| Quarter | Jan 2025 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 60.41% | 60.41% | 60.41% | 60.41% | 60.47% | 60.47% | 60.47% | 60.47% |
| Promoter group | % |
|---|---|
| Ramakrishna Kandula | 22.09% |
| Krishna Veni Kandula | 18.64% |
| M/s S2 Engineering Services represented by its partners Kandula Ramakrishna and Kandula Krishna Veni | 9.44% |
| Nageswara RAO Kandula | 3.46% |
| M/s Standard Holdings represented by its partners Kandula Krishna Veni and Kandula Ramakrishna | 2.31% |
| Katragadda Venkata Mohana RAO | 0.90% |
| Poojitha Katragadda | 0.90% |
| Katragadda Venkata Ramani | 0.75% |
| Venkata Siva Prasad Katragadda | 0.73% |
| Krishna Kanth Kudaravalli | 0.35% |
| Srikanth Kudaravalli | 0.35% |
| Kudaravalli Bala Bhavani | 0.22% |
| Punna RAO Kudaravalli | 0.21% |
| M/s Autonomy Solutions Represented by Partner: 'Yella Koteswara Rao' | 0.04% |
| M/s Apex Consulting Represented by Partner: 'Yella Koteswara Rao' | 0.04% |
| Public holders above 1% | % |
|---|---|
| Asahi Glassplant INC. | 5.24% |
| Monoflus Pte.ltd. | 3.59% |
| Venkata Sandeep Gopineedi | 2.06% |
| Monoform Management Support Co. Ltd | 1.64% |
| Isif Hybrid Long - Short Fund | 1.51% |
| Akkineni Anurag | 1.38% |
55,704 shareholders. Pledged: 21.38% of promoter shares.
Peers in Industrial Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| INDOMIM | ₹52,085 cr | – | – | – | – | – | – | – |
| CPPLUS | ₹45,577 cr | 94.7x | 24.3x | 25.5% | 33.3% | 14.5% | – | 0.04% |
| SYRMA | ₹28,803 cr | 77.7x | 10.1x | 17.4% | 17.6% | 11.1% | +33.0% | 0.10% |
| HONAUT | ₹27,500 cr | 50.1x | 6.2x | 13.0% | 16.9% | 13.3% | +10.7% | 0.34% |
| KAYNES | ₹22,167 cr | 64.0x | 4.7x | 9.1% | 11.1% | 15.5% | +47.7% | – |
| JYOTICNC | ₹20,523 cr | 63.8x | 10.3x | 17.4% | 18.5% | 24.4% | – | – |
| LMW | ₹17,267 cr | 84.2x | 5.7x | 7.0% | 9.3% | 7.1% | -12.1% | 0.19% |
| TEGA | ₹12,752 cr | 447.9x | 3.7x | 0.9% | 4.5% | 7.5% | +11.7% | 0.11% |
| LLOYDSENGG | ₹12,248 cr | 48.1x | 7.3x | 14.1% | 15.1% | 14.2% | +60.9% | 0.27% |
| SETL | ₹7,000 cr | 82.0x | 8.9x | 11.6% | 15.4% | 15.2% | – | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Metal Equipment and Pumps | ₹520 cr | 63.6% | ₹71 cr | 13.7% |
| Glass Lined Equipment | ₹259 cr | 31.7% | ₹57 cr | 21.9% |
| PTFE Lined Equipment | ₹38 cr | 4.7% | ₹6 cr | 16.5% |
| Elimination | ₹-43 cr | -5.2% | ₹-12 cr | 28.9% |
Documents
- Annual report FY26
- Annual report FY25
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Manufacturing of glass-lined equipment and stainless steel and high alloy, including reactors, receivers, storage tanks, filters, vacuum pumps, and allied process equipment, with turnkey solutions primarily for the pharmaceutical and chemical industries.
| Sector | Industrials |
| Industry | Industrial Products |
| Sub-industry | Industrial Products |
| Symbol | SETL |
| BSE code | 544333 |
| ISIN | INE0M4D01010 |
| Face value | ₹10.0 |
| Incorporated | 2012-06-08 |
| Website | https://www.standardengtech.com |
| Plants (India / abroad) | 5 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.