SE

Standard Engineering Technology Ltd

Q2 FY26Industrial Manufacturing

Standard Engineering Technology Q2 FY26 earnings call: Revenue & Margins

Q2 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹298
Market cap₹5.5K Cr
P/E69.3
Updated23 Aug 2026
Read4 min read

The short version

Expected revenue growth of approximately 20-25% year-on-year. The company expects a sustained growth rate of around 20% to 25% year-on-year going forward.

From Standard Engineering Technology Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Expected revenue growth of approximately 20-25% year-on-year.
  • For FY26, projected top-line around INR 930-950 crores, based on 25% growth from INR 750 crores this year.
  • New manufacturing facilities under development will increase capacity and enable higher sales.
  • Significant capacity expansion with a new 36-acre facility adding potential INR 2,000 crores capacity in addition to existing INR 2,000 crores.
  • Growth driven primarily by large pharma clients continuing capex; smaller clients yet to pick up.
  • Export growth expected to accelerate in H2 FY26 with deferred orders.
  • Glass-lined equipment and heat exchangers capacities increasing, including in-house manufacturing starting next year.

2 more points management made on revenue & sales performance

Profitability & Margins

See what Standard Engineering Technology Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Upcoming new facility on 36 acres with 6 lakh sq.ft construction; INR 120-150 crores capex planned; expected completion in 14-18 months.
  • Expansion to increase crane capacity from 60 tons to 100 tons and fabrication thickness from 60 mm to 100 mm.
  • New dedicated unit for glass-lined shell and tube heat exchangers; capex around INR 10-15 crores; planned start Q1 next year.
  • C2C Engineering acquisition (51% stake) completed for INR 12.25 crores, enhancing capability in process design and multidisciplinary engineering solutions.
  • Japan collaboration to increase production capacity for critical parts of heat exchangers.

2 more points management made on capital expenditure plans

Top-ranked in Industrial Manufacturing

Ranked on what management guided this quarter

5x potential
1ICE Make Refrig.
Rev 1Mar 2
2Taurian MPS
Rev 1Mar 2
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Standard Engineering Technology Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • Current order book is approximately INR 750 crores to INR 800 crores.
  • Order book timeline varies with projects ranging from 4 weeks to 8 months based on customer requirements.
  • Glass lining contributes about 35% of the revenue and order book, rest is metal equipment.
  • The glass lining heat exchanger orders are fully booked up to March due to limited manufacturing capacity in Japan.
  • New manufacturing unit for heat exchangers in India expected to start from April next year, which will increase capacity and allow acceptance of new orders post-March.

2 more points management made on order book & pipeline

Standard Engineering Technology Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹227 Cr, net profit ₹21 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were Standard Engineering Technology Ltd Q2 FY26 results?

Expected revenue growth of approximately 20-25% year-on-year. The company expects a sustained growth rate of around 20% to 25% year-on-year going forward.

What is Standard Engineering Technology Ltd share price analysis?

Standard Engineering Technology Ltd currently shows a neutral. The stock trades at a P/E of 69.3 with a market cap of ₹5,546 Cr. Investors should review the full earnings analysis for detailed insights.

Is Standard Engineering Technology Ltd planning capital expenditure?

Upcoming new facility on 36 acres with 6 lakh sq.ft construction; INR 120-150 crores capex planned; expected completion in 14-18 months.

Keep Standard Engineering Technology Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.