Standard Engineering Technology Limited has informed the Exchange about Transcript
SETL · price
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SETL reported its best financial year with FY26 total income of INR793 crores (26.7% YoY growth) and PAT of INR83 crores (21% growth). Q4 saw strong revenue growth of 35% to INR231 crores, but EBITDA margins dipped to 15.5% due to rising metal prices and increased manpower investments for future growth. The company has a robust order book of INR1,000 crores with INR30 crores in exports. Acquisitions Scigenics and C2C Engineering are performing well, with FY27 revenue targets of INR60 crores each. A new 36-acre greenfield facility will cost INR130 crores over two years, with Phase 1 operational by April 2027, eventually enabling total manufacturing capacity of INR4,000 crores. Management guided that FY27 will see better revenue growth and improved margins, with cash conversion also expected to improve.
The strong order book of INR1,000 crores and healthy revenue guidance for FY27 indicate continued growth momentum. Near-term margin pressure from raw material costs and investments may persist, but management expects margin recovery as revenue scales and operational leverage kicks in. The stock is well-positioned as the company transforms from equipment manufacturer to integrated engineering solutions provider.