SETL share price, P/E, ROE & financials

As of 6 Nov 2026, Standard Engineering Technology trades at 88.1× trailing earnings, above the industry P/E of 33.8×, and the shares are 19% below their 52-week high. It earns ROCE of 15% and ROE of 11%, and sales and net profit grew 16% and 14% a year over 3 years. Debt is 0.20× equity. It is a small-cap company with a market cap of ₹7,520 Cr, ranked 27th of 138 Specialty Industrial Machinery companies by market cap; the shares rose 123% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹378.00
Day high: ₹384.35
Day low: ₹376.95
Prev. close: ₹396.75
Volume: 2.6 L

Health check

2 good · 1 fair · 3 to check

ReturnsAhead
+122.7% over a year, better than 7 of 7 peers.
Price tagPricier
P/E 88.1 vs industry 33.8.
GrowthSteady
Sales +15.9%, profit +14.4% a year over 3 years.
ProfitabilityWeak
ROCE 14.5% vs peer median 24.8%.
Balance sheetSolid
Debt 0.20× equity, interest covered 13.2×.
Red flags1 to check
P/E of 88.1 against an industry P/E of 33.8.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Industrial Machinery

137 listed peers. Screen the industry

Small cap

₹7,520 Cr, #27 of 138 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹957 Cr · profit ₹92 Cr

Market cap: ₹7,520 Cr; Small cap
P/E: 88.1; Industry 33.8
Price to book: 8.95; Peers 9.16
Dividend yield: 0.00%
ROE: 11.4%; Peers 19.1%
ROCE: 14.5%; Peers 24.8%
Debt to equity: 0.20; Debt ₹183 Cr
EPS (TTM): ₹4.28; Face value ₹10
OPM (TTM): 15.2%; Net margin 9.6%
Sales growth: +43.1%; Latest quarter vs a year ago
Profit growth: +26.2%; Latest quarter vs a year ago
Price to sales: 7.86; EV/EBITDA 54.7

Strengths

Quarterly profit up 26.2% on a year ago.
Quarterly sales up 43.1% on a year ago.

Risks to check

P/E of 88.1 against an industry P/E of 33.8.

Derived automatically from reported figures. Not a recommendation.

About Standard Engineering Technology

Standard Engineering Technology Limited operates as an engineering equipment manufacturer in India and internationally. It operates through three segments: Glass Line Equipment; Metal Equipment and Pumps; and PTFE Lined Equipment. The company offers glass-lined reactors, receivers, rotary cone vacuum dryers, heat exchangers, storage tanks, valves, pipework, flanges, and fittings; and accessories, including solvent recovery systems, powder transfer system,…

Headquarters: Hyderabad
Employees: 627
Sector: Industrials
ISIN: INE0M4D01010
Website: standardengtech.com

Price range

52 weeks

₹104.56₹468.15

Today

₹376.95₹384.35

Avg volume (3M): 9.9 L
1-year return: plus 122.7%
From 52-week high: minus 19.5%

Peers · Specialty Industrial Machinery

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
BHELBharat Heavy Electricals	418.80	plus 0.17%	1,45,829	50.6	74.6	6.6%	10.1%	0.22	13.5%	plus 56.4%
ABBABB India	6,774.00	plus 2.20%	1,43,547	92.3	68.2	28.5%	13.8%	0.02	15.4%	plus 26.4%
SIEMENSSiemens	3,560.00	plus 3.73%	1,26,779	86.1	59.3	16.5%	10.4%	0.02	3.0%	plus 10.0%
CUMMINSINDCummins India	4,048.80	minus 0.25%	1,12,233	49.8	41.7	35.0%	19.1%	0.00	16.1%	minus 6.0%
GVT&DGE Vernova T&D India	4,018.00	minus 3.06%	1,02,879	71.3	56.6	58.5%	26.5%	0.01	31.1%	plus 31.7%
SUZLONSuzlon Energy	38.80	plus 0.54%	53,337	23.7	17.3	24.8%	16.7%	0.07	41.4%	minus 35.7%
AIAENGAIA Engineering	3,113.60	minus 2.77%	29,056	23.5	19.6	19.9%	27.4%	0.00	−3.4%	minus 3.9%
SETLStandard Engineering Technology	376.95	minus 4.99%	7,520	88.1	–	–	15.2%	0.10	–	plus 122.7%
Median of 7 peers	–	0.17%	1,12,233	50.6	56.6	24.8%	16.7%	0.02	15.4%	10.0%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
173	183	192	227	248
144	154	162	195	208
29.6	28.6	29.2	31.5	39.6
17.1%	15.7%	15.3%	13.9%	16.0%
5.1	5.4	4.3	4.2	4.5
2.6	2.5	2.9	2.8	3.1
3.6	3.9	4.1	4.4	5
28.5	27.7	26.5	28.5	36
25.8%	26.2%	23.0%	26.2%	25.8%
20.9	20.2	19.2	19.8	26.3
1.05	1.01	0.96	0.99	1.32

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +15.9%
Profit CAGR 3Y: +14.4%
EPS CAGR 3Y: +14.4%
ROE: 11.4%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
496	543	612	774
–	+9.4%	+12.8%	+26.4%
410	447	503	652
86.7	96.3	109	122
17.5%	17.7%	17.8%	15.8%
1.5	5.1	11.4	17.5
7.9	11	14.4	9.2
7.7	9.3	11.1	16
−0.8	−1.3	−1.4	−2.9
71.9	79.8	93.5	111
25.6%	24.8%	26.6%	25.3%
53.4	58.4	64.3	80
–	+9.3%	+10.2%	+24.4%
2.68	2.93	3.47	4.01

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
15.8	18.2	199	199
140	389	507	589
82	129	67.8	82.7
110	129	184	382
348	665	958	1,254
78.8	101	138	189
4.4	5.7	11.2	38.6
0	0.2	0.2	8.6
9	137	256	225
256	421	552	793
348	665	958	1,254

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
1.8	−65	5.2	45.3
−29	−157	−160	−38.1
32.6	232	141	−1.6
5.3	10	−13.8	5.6
−29.4	−33.6	−27.8	−61.5
−27.7	−98.6	−22.5	−16.2

Shareholding pattern

Source: NSE filings

60.5%

promoters

Promoters60.47%
Public39.53%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	60.47%	39.53%	0.00
30 Jun 2026	60.47%	39.53%	0.00
31 Mar 2026	60.47%	39.53%	0.00
31 Dec 2025	60.47%	39.53%	plus 0.06
30 Sep 2025	60.41%	39.59%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you