Results - Announcements
Standard Engineering Technology Ltd share price softened by 4.99% to Rs 396.85. The Company's net profit saw a mild growth of 5.42% to Rs 28.2 crore, while revenue from operations gained 19.75% to Rs 296.6 crore in Q3FY26 over Q2FY26.
The market capitalization of Industrial Products industry group stocks on BSE stood at Rs 3.82 lakh crore, expanding by 15.89%. It has marginally improved by 5% over last one week and rallied by 22.09% in last one month while the market capitalization of Standard Engineering Technology Ltd has inched up 0.40% and 41.38% in the same period respectively.
Profit before tax (PBT) of Standard Engineering Technology Ltd stood at Rs 39.2 crore in Q3 FY26, rallying 41.41% year-on-year, and gaining 8.80% quarter-on-quarter. EBITDA came in at Rs 51 crore, jumping 120.26% YoY and surging by 45.54% sequentially.
Total expenses rose by 17.64% to Rs 250.61 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 189.86 crore, soaring by 23.66% YoY, while employee benefits expense was at Rs 18.4 crore, witnessing a strong rise of 19.17% YoY.
For the TTM ended FY26, revenue from operations witnessed a strong growth of 26.14% to Rs 774.1 crore, while net profit soared by 20.96% to Rs 83.04 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 9904% to Rs 99.97 crore, and PBT expanded by 18.88% to Rs 111.2 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 45.33 crore in FY26, as against Rs 5.25 crore in FY25.
Standard Engineering Technology Ltd rallied 135.52% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 4.80% during the same period.