Standard Engineering Technology Ltd · NSE:SETL

Standard Engineering Technology — Q4 FY2026 Earnings Presentation

39 slides from Standard Engineering Technology's earnings presentation, May 15, 2026

  1. Slide 1: Cover letter to stock exchanges

    Date: May 15, 2026 To, Listing Compliance Department Listing Compliance Department BSE Limited National Stock Exchange of India Phiroze Jeejeebhoy Towers Limited Dalal Street, Exchange Plaza, C-1 Block G, Mumbai - 400 001 Bandra - Kurla Complex, Bandra (East) Mumbai - 400 051 SCRIP CODE: 544333 SYMB

  2. Slide 2: Standard Engineering Technology Limited Investor Presentation May 2026

    Standard Engineering Technology Limited Investor Presentation / May 2026

  3. Slide 3: Table of Content

    Table of Content 01 Quarter and Full Year Performance 02 Business Overview 03 Annexure

  4. Slide 4: Disclaimer

    This presentation and the accompanying slides (the “Presentation”), have been prepared by Standard Engineering Technology Limited (the “Company”) solely for information purposes and do not constitute any offer, recommendation, or invitation to purchase or subscribe for any securities and shall not f

  5. Slide 5: Management message on FY26

    “FY26 has been a defining year for Standard Engineering Promoter and Managing Director Technology. We have successfully delivered on our stated guidance while fundamentally transforming what this Company is. From a single-capability equipment manufacturer, we have evolved into a fully integrated, en

  6. Slide 6: Key developments and strategic growth

    New Corporate Identity Strategic Growth Engineering Capability Talent & Retention Middle East Expansion Rebranded as Standard Scigenics (India) Pvt Ltd and 51% Stake in Standard C2C ESOP- Building Long- Term Target- Based Distribution Engineering Technology Ltd. Long- Term Agency Deal- BioCon, Engin

  7. Slide 7: Corporate expansion and board strengthening

    Subject to AGM Approval* 01 CORPORATE EXPANSION 02 BOARD STRENGTHENING 03 CORPORATE GOVERNANCE Standard Projects Pvt. Mr. K. Uma Maheswara Mr. Yasuyuki Mr. Yasuyuki Ikeda Ikeda Ltd. Rao New Independent Director* New 75% Subsidiary of SETL Non-Executive → Executive Director* New Independent Director*

  8. Slide 8: Dedicated R&D Team and Strategic Pillars

    Dedicated R&D 10 experienced engineers & technologists Experts in materials, design, Integrated with manufacturing, quality in- technologists in-house automation & & process innovation & & execution teams Team Key Objectives of R&D Strategic Pillars New Product Product Portfolio Operation Excellence

  9. Slide 9: FY26 and Q4FY26 financial highlights

    Total Income EBITDA PBT PAT ₹ 793.1 Cr ₹ 138.0 Cr ₹ 111.2 Cr ₹ 83.0 Cr FY26 ▲ 26.7% YoY ▲ 15.2% YoY ▲ 18.9% YoY ▲ 21.0% YoY ₹ 230.9 Cr ₹ 35.7 Cr ₹ 28.5 Cr ₹ 21.1 Cr Q4FY26 ▲ 35.0% YoY ▲ 26.0% YoY ▲ 28.4% YoY ▲ 27.8% YoY 1 Revenue increased primarily due to the expansion of the product portfolio. 2 E

  10. Slide 10: Q4FY26 and FY26 Total Income, EBITDA and PAT

    Total Income (In Cr.) EBITDA & Margins (%) PAT & Margins (%) 19.1 % 17.4 % 10.9 % 10.5 % 26.7 % 15.2 % 21.0 % 793 FY26 626 138 120 83 69 FY25 FY26 FY25 FY26 FY25 FY26 35.0 % 16.6 % 15.5 % 9.6 % 9.1 % 26.0 % 27.8 % 231 Q4FY26 171 36 21 28 16 Q4FY25 Q4FY26 Q4FY25 Q4FY26 Q4FY25 Q4FY26 9

  11. Slide 11: Q4FY26 revenue mix by business, end user, geography

    Rs Cr Q4FY26 Q3FY26 Q4FY25 10.6% Reaction Systems 32.6% 36.8% 39.4% Line of 48.0% 192 Storage, Separation & 227 166 52.5% Drying Systems Business 36.9% Plant, Engineering Services 19.4% 23.8% 20.3% 18.9% 10.6% 14.5% Pharmaceuticals End Users 227 192 166 Chemicals 56.1% Industries 18.9% 60.8% 25.0% O

  12. Slide 12: Consolidated profit and loss statement

    Particulars (Rs Cr) Q4FY26 Q3FY26 QoQ Q4FY25 YoY FY26 FY25 YoY Revenue from Operations 226.7 191.6 18.3% 166.3 36.3% 774.1 613.7 26.1% Other Income 4.2 4.3 -2.4% 4.7 -10.6% 19.0 12.3 54.5% Total Income 230.9 195.9 17.9% 171.0 35.0% 793.1 626.0 26.7% Total Expenditure 195.1 162.3 20.2% 142.7 36.8% 65

  13. Slide 13: Lud

    S = S © Lud > Oo WY) YW) Lu = Y) 2 co

  14. Slide 14: Investment highlights

    Leading manufacturers of glass-lined, stainless steel, and 01 nickel alloy based specialized engineering equipment. 35% 35% Total Revenue CAGR EBITDA CAGR Well invested manufacturing facility with strong capabilities (FY22-26) (FY22-26) 02 across chain. 03 Deep and well-established customer relation

  15. Slide 15: FY24-FY26 revenue mix by line of business and geography

    Rs Cr FY24 FY25 FY26 13.2% 13.2% Reaction Systems 37.6% 37.8% Line of Storage, Separation & 544 614 52.3% 774 Drying Systems Business 30.1% 56.7% 34.5% Plant, Engineering Services 24.6% 12.2% 5.7% 14.6% 12.5% 12.3% Pharmaceuticals End Users 544 614 16.6% 774 Chemicals Industries 68.7% Others 75.5% 8

  16. Slide 16: Five-year Total Income, EBITDA and PAT

    Total Income (In Cr) EBITDA (In Cr) & EBITDA Margins (In %) PAT (In Cr) & PAT Margins in (%) CAGR:35% CAGR:35% CAGR:35% 138 793 120 83 626 101 69 550 88 60 500 53 19.1% 18.4% 10.9% 11.0% 242 42 10.7% 25 17.3% 17.6% 17.4% 10.4% 10.5% FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY

  17. Slide 17: Global and India market by segment

    Reaction Systems Separation & Plant Engineering (Heat transfer systems, Pipes & Fittings, Drying Systems & Services Pumps, Reactors) (Filtration & Drying, Storage, Vessels) (Services, Utility systems, o6=-hers) Global Market 76.1 1 7. 5 14.0 CY23 (USD bn) India Market 114.5 33.1 30.0 FY24 (INR bn) ~

  18. Slide 18: CDMO fastest-growing segment

    CDMO-Fastest-growing segment, reflecting its central role in the evolving global pharma ecosystem Global Innovator CDMO Market Indian Innovator CDMO Market without China (In US$ Bn) (In US$ Bn) CAGR: 10% CAGR: 12% Development 177 3.7 162 147 3.3 3.4 3.1 134 3.0 122 2.7 2.8 111 2.4 2.4 101 2.2 2.2 92

  19. Slide 19: Key strengths

    Customized And Innovative Product Offering Well Invested Manufacturing Facilities Deep Relationship with Marquee Clients Investing in Projects to Drive Future Growth Strategic Partnership, Aiding in Strengthening the Business model Profitable and Scalable Business model 18

  20. Slide 20: Capabilities contributing to leadership position

    Capabilities Contributing to its leadership position One of the few companies in India offering end-to-end customized Acquired “Key Supplier” 1 solutions Scigenics (India) Private Limited and Of GMP-compliant Standard C2C Engineering Private accessories for stainless Limited steel GLE^ 2 Turnkey aut

  21. Slide 21: Core offerings and completed projects

    Core Offerings Completed Projects Vacuum / Pressure Project 1 Project 2 RM Storage Reaction Filtration Drying Collection of Heat Exchanger filtrate Collection of distillate or separate layers Heating / Cooling Water/Steam Single fluid Other multifluid System for reaction based system system systems

  22. Slide 22: Worldwide presence and manufacturing facilities

    Sales Offices and agents Manufacturing Facilities USA Japan Iran (IPPE) Turkey GL Hakko Bangladesh Dubai, Egypt UAE (Middle East) Malaysia Nigeria Sri Lanka Singapore Worldwide Presence 10 130 30 30L to 2,50,000L # of Mfg. Sub products across ANFD Capability to mfg. products Facilities product categ

  23. Slide 23: Revenue contribution from top 10 and top 20 customers

    72% 63% Enjoying long-standing relationships in excess of 58% 59% 54% 52% 47% 3 years with 13 of our top 20 customers 45% 41% Revenue 36% Contribution from Top 10 & Top 20 Customers Long-term relationships and ongoing FY23 FY24 FY25 FY26 Q4FY26 engagements with customers allow to plan Capex and enha

  24. Slide 24: Planned capex of ₹130 Crs over next 2 years

    Planned Capex: ₹130 Crs over the next 2 Years; Total expansion of 5.5 lakh sq. ft. We have invested significant capex in the past to expand our manufacturing capacities Capex (INR Cr) % of Capex to revenue 49 % 58 6.9% 7.5% 37 6.0% 30 30 5.0% 4.7% 12 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26

  25. Slide 25: Grow inorganically through acquisitions and alliances

    Grow inorganically through strategic acquisitions and alliances Agreement with HHV Pumps for supply of vacuum pumps with a private label arrangement M/s S2 Engineering C.P.K Engineers Private Acquisition of Standard C2C Engineering Growth aided by other M/s Stanpumps Engineering Services Limited (co

  26. Slide 26: ROE, ROCE and Debt/Equity

    ROE/Adjusted ROE* ROCE/Adjusted ROCE* Total debt / Equity and Net debt / Equity 56.2% 1.01 50.0% 0.98 54.9% 44.1% 47.6% 42.5% 42.0% 43.4% 29.4% 28.5% 0.53 23.8% 0.47 25.5% 21.1% 18.2% 20.7% 16.1% 0.32 19.0% 17.1% 11.6% 0.10 0.09 10.7% 0.0 0.0 0 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 FY22

  27. Slide 27: Working Capital Days and Fixed Asset Turnover

    Working Capital Days Fixed Asset Turnover Ratio (x) 174 160 10.9 131 123 120 110 111 8.4 103 7.4 79 83 6.0 72 70 71 5.2 64 64 57 56 55 59 50 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 Receivable Days Inventory Days Payables Days WC Days FY22 FY23 FY24 FY25 FY26 26

  28. Slide 28: Growth strategy

    Continue to expand and improve our existing product portfolio and Capitalise on increasing demand from international markets to grow enter into additional end-user industries our exports Continue to strengthen our existing product portfolio in line with our Increasing the share of revenues from inte

  29. Slide 29: Annexure

  30. Slide 30: Company milestones

    2026 3-year performance agreement with API Pharma (UAE) covering pharma, biopharma, life sciences, F&B & process industries. Successful IPO; Launch of Glass Lined Shell and Tube Heat Exchangers, Operation Commenced at Unit 5, Supply and Purchase agreement with Gale Process Solutions LLP, USA Incorpo

  31. Slide 31: The Global Market Opportunity

    The Global Market Opportunity –Sizing (Values in USD Bn) and CAGR (2023 – 2028E), unless specified otherwise Reactors (Pressure Vessels) & Storage Tanks Market Glass Lined Equipment Market Filter & Dryers Market Overview Pressure Vessels Storage Tanks CAGR 7.6% CAGR 8.7% CAGR 10.1% CAGR 4.0% 3.4 23.

  32. Slide 32: The India Market Opportunity

    The India Market Opportunity –Sizing (Values in INR Billion) and CAGR (FY24 –FY29E), unless specified otherwise Glass Lined Equipment Market Reactors (Pressure Vessels and Storage tanks) Market Overview Filter & Dryers Market Overview * CAGR is from FY23-FY28F CAGR 10.1% CAGR 6.7% CAGR 11.9%* 95.1 1

  33. Slide 33: A Glimpse of our Plant

    A Glimpse of our Plant FG serena engineering 2» 32

  34. Slide 34: Product range by segment

    Reaction Systems (heat transfer systems, Separation and Drying Systems Plant Engineering and Services pipes & fittings, pumps, reactors) (Filtration & Drying, Storage, Vessels) (Services, utility systems, others) AE Reactor BE Reactor CE Reactor Receivers Heat Exchanger Pumps Storage Tank Conical Dr

  35. Slide 35: Board and leadership

    Kandula Nageswara Kandula Krishna Kandula Venkata Mohana Rao Yasuyuki Ikeda Kallam Hima Anjaneyulu Rao Veni Ramakrishna Katragadda Priya Pathuri Non-Executive Director Promoter and Promoter and Promoter and Promoter and (Nominee of AGI Company Secretary Chief Financial Managing director Executive Di

  36. Slide 36: Senior management and directors

    Somanchi Datta Phani Kudaravalli Punna Rao Palayil Nanda Kumar Bhanu Prakash Kandula Vara Prasad Prabhakar Executive Vice President, Chief Marketing Officer – Vice President, Vice President -Operations Manufacturing Manufacturing General Manager - Projects South India Radhakrishna Bandi Sambasiva Ra

  37. Slide 37: Annual profit and loss statement

    Particulars (All amounts are in INR Cr. except otherwise stated) FY23 FY24 FY25 FY26 Revenue from Operations 497.6 543.7 613.7 774.1 Other Income 2.5 6.0 12.3 19.0 Total Income 500.1 549.7 626.0 793.1 COGS 285.5 317.7 344.3 414.7 Gross Profit 214.6 232.0 281.7 378.4 Total Expenditure 411.8 448.8 506

  38. Slide 38: Balance sheet

    Particulars FY23 FY24 FY25 FY26 Particulars FY23 FY24 FY25 FY26 Equity Non-Current Assets Property plant and equipment 54.7 82.2 101.0 128.7 Equity share capital 15.8 18.2 199.5 199.5 Capital work-in-progress 3.3 4.5 8.5 26.6 Other equity 139.9 389.2 507.3 589.3 Right-of-use assets 19.7 13.0 26.2 22

  39. Slide 39: Thank You

    Thank You Investor Relations Contact : Go India Advisors LLP Prayasi Patel Khushbhu Singhania Go India Advisors Go India Advisors prayasi@GoIndiaAdvisors.com khushbhu@GoIndiaAdvisors.com M: +91 9653602085 M: +91 9819328369 Company Contact : Anjaneyulu Pathuri Hima Priya Kallam Company’s Chief Financ

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