Small-Cap Stock Declares Strong Q2 Results After Listing On D-Street In 2025

Standard Glass Lining Technology Limited (SGLTL) has announced its results for the second quarter of FY26. In the September 2025 quarter, the firm recorded net sales of Rs 182.78 crore, increasing 10.54% from Rs 165.36 crore in the September 2024 quarter. Its net profit improved 3.55% from Rs. 19.49 crore in Q2FY25 to Rs. 20.19 crore in Q2FY26.

EBITDA dropped 6.56% from Rs. 36.43 crore in the September 2024 quarter to Rs. 34.04 crore in the quarter ended in September 2025.

A proposal to rename SGLTL to Standard Engineering Technology Limited has been approved by the Board of Directors, reflecting the company's strong strengths in broad engineering and its broadened scope. The company's evolution from a single-product maker to a full precision-engineering organization that offers design-to-water-trial solutions under one roof can be seen in the new identity.

"This name truly reflects who we have become and where we are heading - a high-precision, concept-to-commissioning engineering company trusted by our customers," said Mr. Nageswara Rao Kandula, Managing Director.

SGLTL produced robust steady growth, exhibiting operational excellence and financial stability, despite global shipping reschedules that postponed Rs 40-45 crore in export dispatches to Q3-Q4. Exports that were postponed to later quarters are still robust and could improve total FY26 performance, making the second half of FY26 one of the best in the company's history.

"Behind every reactor, every exchanger, every engineered system - stand our people, partners, and investors who believe in our vision. Our transformation into a precision engineering enterprise is not just about scale; it is about purpose - to build trust, technology, and tomorrow. Together, we will make Standard synonymous with world-class engineering excellence." Said Mr. Nageswara Rao Kandula, Managing Director.

Leading the way in high-precision engineering and process technology, Standard Glass Lining Technology Limited provides comprehensive solutions ranging from design and production to installation and validation.

The company serves clients in more than 25 countries in the pharmaceutical, chemical, biotechnology, food and beverage, and other process sectors. It has in-house proficiency in glass-lined, alloy, and bioprocess equipment, automation, and turnkey project execution. The company will function under its new name, Standard Engineering Technology Limited, following the fulfillment of shareholder and regulatory clearances.

On Monday, January 13, 2025, Standard Glass Lining Technology Limited went public on the stock exchanges. The price band for the initial public offering (IPO) was Rs 133 to Rs 140 per share; the final issue price was Rs 140 per share.

The company is listed on both BSE and NSE.