Standard Glass Lining Technology Reports Q2 and H1 FY26 Financials
Filing Summary
Standard Glass Lining Technology Limited reported its financial results for Q2 and H1 FY26. The company achieved a total income of Rs. 366 Cr for H1 FY26, with an EBITDA of Rs. 69 Cr and a PAT of Rs. 42 Cr. For Q2 FY26, total income was Rs. 188 Cr, EBITDA was Rs. 34 Cr, and PAT was Rs. 20 Cr. The company completed the acquisition of Scigenics (India) Pvt. Ltd. and proposed acquiring 51% of C2C Engineering Pvt. Ltd. A name change to Standard Engineering Technology Limited is also proposed.
Standard Glass Lining Technology Limited has released its financial results for the quarter and half-year ended September 30, 2025. The company reported a total income of Rs. 366 Cr for H1 FY26, with an EBITDA of Rs. 69 Cr and a PAT of Rs. 42 Cr. For Q2 FY26, the total income was Rs. 188 Cr, EBITDA was Rs. 34 Cr, and PAT was Rs. 20 Cr. The company has also announced strategic acquisitions and a proposed name change.
The financial results indicate a 17.4% year-on-year increase in total income for H1 FY26. EBITDA increased by 9.5% year-on-year, while PAT saw a 14.6% year-on-year rise. In Q2 FY26, total income increased by 5.6% quarter-on-quarter, while EBITDA and PAT decreased by 1.8% and 3.2% quarter-on-quarter, respectively. Export dispatches worth Rs. 40–45 Cr were rescheduled to Q3–Q4 FY26 due to shipment scheduling by overseas clients.
Operationally, the company completed the acquisition of Scigenics (India) Pvt. Ltd. for Rs. 9 Cr through its subsidiary, Standard Scigenics Private Limited. This acquisition enhances the company’s biotechnology and bioprocess equipment offerings. Additionally, the company signed a binding term sheet to acquire 51% equity in C2C Engineering Private Limited. This acquisition aims to integrate design, engineering, precision manufacturing, installation, commissioning, and validation under one umbrella.
The company has proposed a name change to Standard Engineering Technology Limited to reflect its diversified precision-engineering capabilities. The glass-lining division continues to perform with multiple installations of unique shell and tube glass-lined heat exchangers. The company has received ROC approval for the new name, and the procedure will be completed after receiving necessary shareholders’ and statutory approvals.
Implementation of the strategic acquisitions and proposed name change is ongoing. The acquisition of Scigenics has been completed, while the acquisition of C2C Engineering is in progress. The name change process will be finalized following shareholder and statutory approvals.
Standard Glass Lining Technology Limited focuses on providing high-precision engineering and technology solutions. The company serves various industries, including pharmaceutical, chemical, biotechnology, food and beverage, and process industries. The strategic acquisitions and proposed name change align with its goal to become a comprehensive engineering solutions provider.