SETL Q2 FY27 EBITDA Surges 79.7%, Revenue Rises to Rs 296.6 Crore
New Delhi [India], November 11: Standard Engineering Technology Limited (SETL), an integrated engineering solutions provider catering to the pharmaceutical, chemical, biotechnology, food, beverages and AI data centre industries, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2026, reporting strong year-on-year growth in revenue, operating earnings and profitability.
For the second quarter of FY27, the company reported a 62.3% year-on-year increase in total revenue to ₹296.6 crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 79.7% to ₹51.4 crore, with an EBITDA margin of 17.3%. Profit after tax (PAT) increased 37.9% year-on-year to ₹28.2 crore.
The company also maintained its growth momentum during the first half of FY27. Total revenue for the six months ended September 30, 2026, increased 53% year-on-year to ₹544.3 crore, while EBITDA grew 56.5% to ₹91 crore, reflecting an EBITDA margin of 16.7%. Net profit for the period rose 32.2% to ₹54.9 crore.
Commenting on the company’s performance, Nageswara Rao Kandula, Managing Director, Standard Engineering Technology Limited, said: “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.”
