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SETL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Standard Engineering Technology Limited has released its Q4 and full year FY26 consolidated financial results. The company reported strong growth with total revenue of Rs 77,410 Lakhs for FY26, up 26% from Rs 61,366 Lakhs in FY25. Net profit for the year stood at Rs 8,304 Lakhs, representing a 21% increase from Rs 6,865 Lakhs in the previous year. EPS improved to Rs 4.01 from Rs 3.47. The auditors issued an unmodified (clean) opinion on the financial statements. The Board also approved the re-appointment of KY & Co. as internal auditors for FY27, promoted Mr. Yasuyuki Ikeda from Non-Executive to Executive Director with a 5-year term, and appointed Mr. Kancherla Uma Maheswara Rao as an Independent Director (subject to shareholder approval). The company has 7 subsidiaries including one in the USA. IPO proceeds of Rs 23,225 Lakhs have been partially utilized with Rs 4,663 Lakhs remaining unutilized.
The company delivered solid double-digit revenue and profit growth for FY26 with a clean audit, which should be viewed positively by investors. The promotion of an experienced executive and addition of an independent director with engineering expertise may strengthen governance and strategic execution.