SETL Q2 FY27 Revenue surges 62.3% YoY to ₹296.6 Cr; PAT up 37.9%
SETL reported Q2 FY27 revenue of ₹296.6 crore, up 62.3% YoY. PAT increased 37.9% to ₹28.2 crore. H1 FY27 revenue reached ₹544.3 crore, up 53.0% YoY, with PAT at ₹54.9 crore. GScale initiative aims for ₹250 crore revenue in Q4 FY27, with SFN revenue starting December 15, 2026.
The substantial double-digit percentage growth in revenue and profits, coupled with positive business developments and future revenue targets from GScale, are significant and are expected to have a high impact on investor perception and the company's valuation.
The company has reported strong year-on-year growth in revenue, EBITDA, and PAT for both the quarter and half-year ended September 30, 2026. Positive business highlights such as significant orders, increasing export opportunities, and progress in new initiatives like GScale contribute to a positive sentiment.
Standard Engineering Technology Limited (SETL) has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported a significant year-on-year growth in its key financial metrics.
For the second quarter of FY27 (ended September 30, 2026), SETL's total revenue stood at ₹296.6 crore, marking a substantial increase of 62.3% compared to the same period last year. EBITDA grew by 79.7% YoY to ₹51.4 crore, with an EBITDA margin of 17.3%. Profit After Tax (PAT) saw a rise of 37.9% YoY, reaching ₹28.2 crore.
In the first half of FY27 (ended September 30, 2026), total revenue was ₹544.3 crore, up 53.0% YoY. EBITDA increased by 56.5% YoY to ₹91.0 crore, achieving an EBITDA margin of 16.7%. PAT for H1 FY27 was ₹54.9 crore, a 32.2% increase YoY.
The company highlighted strong performance in its integrated engineering solutions business, catering to the pharmaceutical, chemical, biotechnology, food, beverages, and AI data centre industries. SETL has secured significant orders from CDMO customers and is experiencing increased export inquiries, particularly from the United States and Europe. The partnership with GL Hakko has progressed with the completion of its first phase. Furthermore, the GScale initiative for AI Data Centers is advancing, with machinery orders for the Secondary Fluid Network (SFN) completed and equipment arrival underway, expected to commence revenue generation from December 15, 2026. Power Products machinery orders are also complete, with deliveries starting November 15, 2026, and production commencing January 15, 2027. GScale is targeted to generate over ₹250 crore in revenue in Q4 FY27.
Nageswara Rao Kandula, Managing Director, expressed satisfaction with the performance, stating, "We are very pleased with our Q2 and H1 FY27 performance, which reflects the strength of our integrated engineering solutions business, strong CDMO and export opportunities, and the progress in GScale. SETL is a leading integrated engineering solutions provider for the pharmaceutical, chemical, biotechnology, food, beverages and AI data centre industry, and we are confident of sustaining this growth momentum in the coming quarters."
What to do with a filing like this
Standard Engineering Technology Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Standard Engineering Technology Limited. Read the original for the full detail.