Standard Engineering Technology Ltd

Quick check

The five things to look at first. Open one for more.

• DebtAdequate safetyRated A by CRISIL.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 43% and profit rose 29% from a year earlier.
• DilutionSmall dilutionIssued 24.4 lakh new shares in the last year (+1.4%), raising ₹71.48 Cr.
• PromotersSteadyThe promoters (founders or parent) own 60% of the company, about the same as in Jun 2025.
• ValuationExpensive vs its pastThe share trades at 78 times its yearly earnings (P/E), pricier than 90% of the time in the last 2 years. Its usual P/E is about 47.

Standard Engineering Technology Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)78 against a typical 30.9: pricier than most peers (1st = cheapest).153rd of 184
• Sales growth+43.4% against a typical +20.3% from a year earlier.40th of 147
• Profit growth+28.6% against a typical +9.4% from a year earlier.51st of 121
• Share price, 3 months+40.1% against a typical −3.8%.21st of 164
• Size₹ 6,655.3 Cr. market value against a typical ₹ 305.2 Cr. (1st = largest).16th of 176

Exchange filings and their impact on the company.

• 16 Oct 2026Outcome of Board MeetingLow impactPositivePrice +0% that day
  Allotted 24.4 lakh shares at Rs 293 to raise Rs 71.5 cr, lifting net worth ~9% with only ~1.2% dilution.

  On October 16, 2026, Standard Engineering Technology allotted 24,39,750 equity shares of Rs 10 face value at Rs 293 per share, raising Rs 71.48 crore on a preferential basis to non-promoter investors. The allotment followed shareholder approval on August 10, 2026 and in-principle approvals from BSE and NSE on October 1, 2026. The new shares rank pari passu with existing shares and will add about 9% to net worth with only about 1.2% dilution, providing funds for growth.

  Full analysisFiling
• 7 Oct 2026General UpdatesMedium impactNegativePrice −5% on 8 Oct
  Company admits GScale facility is only partly leased and 486 MW track record belongs to founder, not GScale.

  Standard Engineering clarified to NSE on its GScale Energy acquisition that the 4 lakh sq ft site is leasehold, with only about 2.73 lakh sq ft sub-leased since July 16, 2026 and the balance 1.7 lakh sq ft expected by February 2027. It also said the 486 MW delivered and 1 GW+ under execution refers to founder Kasu Brahma Reddy and team in prior roles, not to GScale which was incorporated on May 15, 2026. This tempers the growth narrative for the new AI-datacentre subsidiary and points to a delayed ramp and credibility overhang.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Anjaneyulu Pathuri

Chief Financial Officer

Kallam Hima Priya

Compliance Officer, Company Secretary

Nageswara Rao Kandula

Managing Director, Executive Director

Yasuyuki Ikeda

Executive Director

Ramakrishna Kandula

Executive Director

Venkata Mohana Rao Katragadda

Executive Director

Kandula Krishna Veni

Executive Director