Standard Engineering Technology Limited (Formerly known as Standard Glass Lining Technology Limited) — Reporting period: Quarter and year ended March 31, 2026
| S.No. | Particulars | For the quarter ended | For the year ended |
|---|---|---|---|
| March 31, 2026 (Refer note 8) | December 31, 2025 Unaudited | ||
| I | Revenue from Operations | 22,667.53 | 19,156.65 |
| II | Other Income | 418.54 | 428.81 |
| III | Total Income (I+II) | 23,086.07 | 19,585.46 |
| IV | Expenses | ||
| Cost of raw materials consumed | 13,774.22 | 13,991.09 | |
| Changes in inventories of finished goods and work-in-progress | (1,754.78) | (3,930.10) | |
| Labour charges | 3,448.78 | 2,603.78 | |
| Employee benefits expense | 1,270.38 | 1,224.93 | |
| Finance costs | 280.45 | 293.14 | |
| Depreciation and amortisation expense | 437.36 | 413.20 | |
| Other expenses | 2,775.74 | 2,342.30 | |
| Total expenses (IV) | 20,232.15 | 16,938.34 | |
| V | Profit before tax (III- IV) | 2,853.92 | 2,647.12 |
| VI | Tax expense: | ||
| (1) Current tax | 738.20 | 662.73 | |
| Income tax relating to earlier years | (24.47) | (1.72) | |
| (2) Deferred tax charge / (benefit) | 32.97 | (52.64) | |
| VII | Profit for the quarter / year (V-VI) | 2,107.22 | 2,038.75 |
| Attributable to: | |||
| Equity holders of the parent | 1,979.70 | 1,918.96 | |
| Non – Controlling Interest | 127.52 | 119.79 | |
| VIII | Other Comprehensive Income | ||
| (i) Items that will not be reclassified to profit or loss | |||
| Re-measurement gains/ (losses) on defined benefit plans | (43.05) | 0.07 | |
| Income tax effect relating to above item | 11.20 | (0.02) | |
| Other comprehensive income for the quarter / year, net of tax | (31.85) | 0.05 | |
| IX | Total Comprehensive Income for the quarter / year (VII+VIII) | 2,075.37 | 2,038.80 |
| Attributable to: | |||
| Equity holders of the parent | 1,947.85 | 1,919.01 | |
| Non – Controlling Interest | 127.52 | 119.79 | |
| X | Paid up equity share capital (face value of share Rs.10/- each) | 19,949.16 | 19,949.16 |
| XI | Other equity attributable to owners of the company | ||
| XII | Earnings per equity share (EPS) | ||
| (1) Basic Earnings per equity share* | 0.99 | 1.01 | |
| (2) Diluted Earnings per equity share* | 0.99 | 1.01 |
| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| ASSETS | ||
| Non-current assets | ||
| (a) Property, Plant and Equipment | 12,869.28 | 10,096.87 |
| (b) Capital work-in-progress | 2,659.46 | 848.34 |
| (c) Goodwill | 3,034.95 | 774.02 |
| (d) Right-of-use assets | 2,206.56 | 2,615.60 |
| (e) Other Intangible assets | 158.88 | 101.86 |
| (f) Financial Assets | ||
| – Other financial assets | 1,098.11 | 202.61 |
| (g) Other non-current assets | 1,514.16 | 1,389.04 |
| Total Non-current assets | 23,541.40 | 16,028.34 |
| Current assets | ||
| (a) Inventories | 43,798.81 | 27,930.15 |
| (b) Financial Assets | ||
| (i) Trade receivables | 25,552.45 | 21,401.93 |
| (ii) Cash and cash equivalents | 729.65 | 167.27 |
| (iii) Bank Balances other than Cash and Cash equivalents | 10,764.01 | 11,993.83 |
| (iv) Other financial assets | 12,620.42 | 14,591.81 |
| (c) Other current assets | 8,373.34 | 3,726.78 |
| Total Current assets | 1,01,838.68 | 79,811.77 |
| Total Assets | 1,25,380.08 | 95,840.11 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| (a) Equity Share capital | 19,949.16 | 19,949.16 |
| (b) Other Equity | 58,928.35 | 50,730.86 |
| (c) Non Controlling Interest | 894.01 | 593.96 |
| Total Equity | 79,771.52 | 71,273.98 |
| Liabilities | ||
| Non-current liabilities | ||
| (a) Financial Liabilities | ||
| (i) Borrowings | 310.66 | 198.64 |
| (ii) Lease liabilities | 1,800.21 | 2,256.13 |
| (iii) Other financial liabilities | 719.81 | – |
| (b) Provisions | 224.69 | 106.96 |
| (c) Deferred tax liabilities (Net) | 62.56 | 131.26 |
| Total Non-current liabilities | 3,117.93 | 2,692.99 |
| Current liabilities | ||
| (a) Financial Liabilities | ||
| (i) Borrowings | 5,436.68 | 3,714.45 |
| (ii) Lease liabilities | 720.82 | 611.93 |
| (iii) Trade payables | ||
| – (a) Total Outstanding dues to micro and small enterprises | 679.57 | 426.37 |
| – (b) Total outstanding dues of creditors other than micro and small enterprises | 18,802.00 | 10,388.67 |
| (iv) Other financial liabilities | 465.30 | 241.36 |
| (b) Other current liabilities | 15,299.44 | 6,059.21 |
| (c) Provisions | 279.14 | 154.80 |
| (d) Current Tax Liabilities (Net) | 807.68 | 276.35 |
| Total Current liabilities | 42,490.63 | 21,873.14 |
| Total Equity and Liabilities | 1,25,380.08 | 95,840.11 |
| Particulars | For the period ended March 31, 2026 | For the period ended March 31, 2025 |
|---|---|---|
| A. Cash flow from operating activities | ||
| Net Profit Before Tax as per Statement of Profit and Loss | 11,120.27 | 9,354.24 |
| Adjustments for : | ||
| Depreciation and Amortisation expense | 1,600.07 | 1,106.85 |
| Finance costs | 1,074.68 | 1,511.71 |
| Bad debts written off | 286.79 | 143.19 |
| Advances Written off | 2.18 | – |
| Provision for advances to vendors | 7.53 | 74.54 |
| Interest income | (1,855.71) | (1,186.30) |
| Profit on sale of assets | (0.58) | – |
| Allowance for Expected Credit Loss including the bad debts | 519.19 | (66.69) |
| Operating profit before working capital changes | 12,754.42 | 10,937.54 |
| Adjustments for working capital changes in: | ||
| Decrease/(Increase) Inventories | (14,048.85) | (4,627.96) |
| Decrease/(Increase) Trade receivables | (4,878.62) | (6,000.47) |
| Decrease/(Increase) Other financial assets | (53.08) | (90.55) |
| Decrease/(Increase) Other current assets | (3,652.95) | (1,416.47) |
| Increase/ (Decrease) Trade payables | 8,180.08 | 1,266.04 |
| Increase/ (Decrease) Other current liabilities | 8,409.47 | 2,688.71 |
| Increase/ (Decrease) Provisions | 140.59 | 85.75 |
| Cash generated from operations | 6,851.06 | 2,842.59 |
| Income tax paid (net off refunds) | (2,318.07) | (2,317.74) |
| Net cash flows generated from operating activities (A) | 4,532.99 | 524.85 |
| B. Cash flow from investing activities | ||
| Purchase of property, plant and equipment (including capital work in progress) | (6,075.17) | (2,751.62) |
| Sale of asset | 9.95 | – |
| Intangible Assets | (77.80) | (27.15) |
| Investment in Fixed deposits | 2,546.11 | (13,099.79) |
| Payment on account of Business Combination | (2,022.07) | (1,048.35) |
| Interest received | 1,810.68 | 932.67 |
| Net cash flows used in investing activities (B) | (3,808.30) | (15,994.24) |
| C. Cash flow from financing activities | ||
| Proceeds from issue of equity shares | 390.58 | 23,349.51 |
| Remittance of unutilised funds meant for IPO expenses | 121.69 | – |
| Proceeds from Non Current-term borrowings | 221.54 | 838.24 |
| Repayment of Non Current-term borrowings | (49.87) | (825.72) |
| Proceeds from / (Repayment of) Current borrowings (net) | 842.73 | (7,325.07) |
| Interest paid | (815.81) | (1,351.59) |
| Payment of interest Portion of Lease liabilities | (216.04) | (150.30) |
| Inflow from (Payment) of Principal Portion of Lease liabilities | (657.13) | (443.91) |
| Net cash flows from financing activities (C) | (162.31) | 14,091.16 |
| Net Increase/(Decrease) in cash and cash equivalents (A)+(B)+(C) | 562.38 | (1,378.23) |
| Cash and cash equivalents at the beginning of the period | 167.27 | 1,545.50 |
| Cash and cash equivalents at the end of the period | 729.65 | 167.27 |
| Particulars | For the quarter ended | For the year ended |
|---|---|---|
| March 31, 2026 (Refer note 8) | December 31, 2025 (Unaudited) | |
| 1. Segment Revenue | ||
| (a) Glass Lined Equipment solutions | 7,821.98 | 6,041.57 |