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Standard Engineering Technology Ltd (SETL) Share Price & Fundamentals

Company Overview

Founded Year

2012

Listed Year

2025

Headquarter

Hyderabad, India

MD/CEO

Executive Directors include Kandula Nageswara Rao

Website

https://www.standardengtech.com

Company Facts

What we do

Standard Engineering Technology Ltd manufactures specialized glass-lined, metal, and PTFE-lined engineering equipment with turnkey solutions for pharmaceuticals, chemicals, and related sectors.

Founded in

2,012

Market share

Among India's top five in pharmaceutical and chemical engineering equipment; top three in glass-lined and specialty metal equipment manufacturing.

Problem solved

Provides customized, high-quality process equipment to optimize pharmaceutical and chemical manufacturing with turnkey, automated solutions.

Top clients or who we serve

Serves pharmaceutical, chemical, food & beverage, biotech, fertilizer industries; B2B focus with marquee clients like Natco Pharma and Biocon.

Key management

Executive Directors include Kandula Nageswara Rao (MD), Venkata Mohana Rao Katragadda, Kandula Ramakrishna, and Kandula Krishna Veni.

Our journey and innovations

Started in 2012 as glass lining tech; expanded via acquisitions, IPO in 2025; launched glass-lined heat exchangers, and broadened manufacturing capabilities.

Where we operate

Primarily India with growing international presence through subsidiaries and exports; recent US subsidiary formation in 2025.

Top products or what we offer

Glass-lined reactors, stainless steel and nickel alloy equipment, PTFE-lined equipment, heat exchangers, pumps, reactors, storage tanks, and turnkey plant engineering.

Top brands

STANGLASS (glass-lined reactors), SmartSeal, Clampless Manhole, and proprietary glass-lined shell & tube heat exchangers launched.

Raw materials needed

Specialty glass, stainless steel, nickel alloys, PTFE, and related metals.

Raw materials supplier

Supplies include specialty glass providers like Asahi Glassplant Inc. and other metal suppliers.

Recurring vs cyclical contribution

Revenue is largely from project-based sales with recurring aftermarket services and long-term contracts.

Our industry position

Strong market leader in India with scalable business model and expanding global footprint through acquisitions and strategic partnerships.

Financial highlights

FY25 revenue INR 613.7 Cr, PAT INR 64.3 Cr; 9MFY26 shows 23.6% revenue growth YoY and robust EBITDA margins around 18%.

Geographical revenue split

India contributes over 99% revenue, exports less than 1%; growing international sales through subsidiaries.

Order book

-

Whats driving growth

Product portfolio expansion, acquisitions, new manufacturing capacities, strategic partnerships, and innovation in high-precision engineering.

Our future plans

Planned capex of INR 130 Cr to expand manufacturing, develop new product lines, enhance automation and enlarge global reach.

Our green promise

Committed to energy efficiency and sustainable manufacturing processes; exploring clean-energy product segments.

Our people and values

Diverse leadership with over nine directors; emphasis on governance, ethics, and employee retention through ESOPs.

Key challenges ahead

Managing growth, supply chain volatility, competitive pressures, and maintaining technology edge.

Interesting facts

First in India to launch glass-lined shell & tube heat exchangers; completed IPO raising INR 410 Cr in 2025.

Risks and strategy

Mitigate risks via strong governance, diversified product offerings, strategic acquisitions, robust financial controls, and market expansion.

Market Footprint

Top Clients

Top Clients

Serves pharmaceutical, chemical, food & beverage, biotech, fertilizer industries; B2B focus with marquee clients like Natco Pharma and Biocon.

Top Products

Top Products

Glass-lined reactors, stainless steel and nickel alloy equipment, PTFE-lined equipment, heat exchangers, pumps, reactors, storage tanks, and turnkey plant engineering.

Price Movement & Share Holding

Today's High/Low

381.55405.95

52 Week High/Low

104.56468.15
Past Returns

1 week

18.3%

1 month

-8.52%

3 month

43.36%

1 year

116.77%

3 year

136.8%

5 year

136.8%

Share Holding

Promoters

60.47%

FII

1.3%

DII

1.66%

Retail

23.33%

Others

13.24%

Company Overview

Founded Year

2012

Listed Year

2025

Headquarter

Hyderabad, India

MD/CEO

Executive Directors include Kandula Nageswara Rao (MD)

Website

https://www.standardengtech.com

Price Movement & Share Holding

Today's High/Low

381.55405.95

52 Week High/Low

104.56468.15

Past Returns

1 week

18.3%

1 month

-8.52%

3 month

43.36%

1 year

116.77%

3 year

136.8%

5 year

136.8%

Share Holding

Promoters

60.47%

FII

1.3%

DII

1.66%

Retail

23.33%

Others

13.24%

Company Facts

What we do

Standard Engineering Technology Ltd manufactures specialized glass-lined, metal, and PTFE-lined engineering equipment with turnkey solutions for pharmaceuticals, chemicals, and related sectors.

Founded in

2012

Market share

Among India's top five in pharmaceutical and chemical engineering equipment; top three in glass-lined and specialty metal equipment manufacturing.

Problem solved

Provides customized, high-quality process equipment to optimize pharmaceutical and chemical manufacturing with turnkey, automated solutions.

Top clients or who we serve

Serves pharmaceutical, chemical, food & beverage, biotech, fertilizer industries; B2B focus with marquee clients like Natco Pharma and Biocon.

Key management

Executive Directors include Kandula Nageswara Rao (MD), Venkata Mohana Rao Katragadda, Kandula Ramakrishna, and Kandula Krishna Veni.

Our journey and innovations

Started in 2012 as glass lining tech; expanded via acquisitions, IPO in 2025; launched glass-lined heat exchangers, and broadened manufacturing capabilities.

Where we operate

Primarily India with growing international presence through subsidiaries and exports; recent US subsidiary formation in 2025.

Top products or what we offer

Glass-lined reactors, stainless steel and nickel alloy equipment, PTFE-lined equipment, heat exchangers, pumps, reactors, storage tanks, and turnkey plant engineering.

Top brands

STANGLASS (glass-lined reactors), SmartSeal, Clampless Manhole, and proprietary glass-lined shell & tube heat exchangers launched.

Raw materials needed

Specialty glass, stainless steel, nickel alloys, PTFE, and related metals.

Raw materials supplier

Supplies include specialty glass providers like Asahi Glassplant Inc. and other metal suppliers.

Recurring vs cyclical contribution

Revenue is largely from project-based sales with recurring aftermarket services and long-term contracts.

Our industry position

Strong market leader in India with scalable business model and expanding global footprint through acquisitions and strategic partnerships.

Financial highlights

FY25 revenue INR 613.7 Cr, PAT INR 64.3 Cr; 9MFY26 shows 23.6% revenue growth YoY and robust EBITDA margins around 18%.

Geographical revenue split

India contributes over 99% revenue, exports less than 1%; growing international sales through subsidiaries.

Whats driving growth

Product portfolio expansion, acquisitions, new manufacturing capacities, strategic partnerships, and innovation in high-precision engineering.

Our future plans

Planned capex of INR 130 Cr to expand manufacturing, develop new product lines, enhance automation and enlarge global reach.

Our green promise

Committed to energy efficiency and sustainable manufacturing processes; exploring clean-energy product segments.

Our people and values

Diverse leadership with over nine directors; emphasis on governance, ethics, and employee retention through ESOPs.

Key challenges ahead

Managing growth, supply chain volatility, competitive pressures, and maintaining technology edge.

Interesting facts

First in India to launch glass-lined shell & tube heat exchangers; completed IPO raising INR 410 Cr in 2025.

Risks and strategy

Mitigate risks via strong governance, diversified product offerings, strategic acquisitions, robust financial controls, and market expansion.

Market Footprint

Top Clients

Top Clients

Serves pharmaceutical, chemical, food & beverage, biotech, fertilizer industries; B2B focus with marquee clients like Natco Pharma and Biocon.

Top Products

Top Products

Glass-lined reactors, stainless steel and nickel alloy equipment, PTFE-lined equipment, heat exchangers, pumps, reactors, storage tanks, and turnkey plant engineering.

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