Standard Glass Lining Technology Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
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Standard Glass Lining Technology reported consolidated revenue from operations of Rs 61,366 lakhs for FY25, up about 12.9% from Rs 54,367 lakhs in FY24, driven mainly by the Metal Equipment & Pumps segment which grew to Rs 41,829 lakhs from Rs 31,204 lakhs. Consolidated profit after tax rose to Rs 6,865 lakhs from Rs 6,001 lakhs (~14.4% growth), while profit before tax grew to Rs 9,354 lakhs from Rs 7,980 lakhs. On a standalone basis, revenue actually declined to Rs 19,631 lakhs from Rs 20,947 lakhs, though standalone PAT edged up to Rs 2,865 lakhs from Rs 2,638 lakhs. Q4 FY25 was weak on a year-on-year basis, with consolidated revenue falling about 17% and PAT falling about 32% versus Q4 FY24. The company completed its IPO in January 2025, raising Rs 23,225 lakhs in fresh capital, and current borrowings fell sharply from Rs 11,320 lakhs to Rs 3,714 lakhs. Statutory auditors MSKA & Associates issued an unmodified (clean) opinion on both standalone and consolidated results. The board also appointed RPR & Associates as secretarial auditors for five years and re-appointed KY & Co. as internal auditors for FY26.
Shareholders get a clean audit report and a modestly profitable year with revenue and PAT growth at the consolidated level, though Q4 saw a sharp slowdown and standalone revenue slipped, which may temper near-term sentiment. The strong IPO proceeds and sharp reduction in short-term debt improve the balance sheet and fund growth plans.