SETL
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Forensics
Recent events
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News
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Corporate Actions
India's Standard Engineering Technology rises on Middle East distribution agreement
** Shares of Standard Engineering Technology SNDR.NS up 2.11% at 121.57 rupees
** Co enters distribution agreement with API Pharmaceutical Trading for the Middle East region
** Co says agreement is expected to strengthen company’s export presence in the Middle East region across pharmaceutical manufacturing facilities, biopharmaceutical and life sciences, F&B and other process industries
** YTD, stock down 19.1%
(Reporting by Mridula Kumar in Bengaluru)
(([email protected];))
** Shares of Standard Engineering Technology SNDR.NS up 2.11% at 121.57 rupees
** Co enters distribution agreement with API Pharmaceutical Trading for the Middle East region
** Co says agreement is expected to strengthen company’s export presence in the Middle East region across pharmaceutical manufacturing facilities, biopharmaceutical and life sciences, F&B and other process industries
** YTD, stock down 19.1%
(Reporting by Mridula Kumar in Bengaluru)
(([email protected];))
Standard Engineering Technology Enters Distribution Agreement With API Pharma For Middle East Region
March 5 (Reuters) - Standard Engineering Technology Ltd SNDR.NS:
ENTERS DISTRIBUTION AGREEMENT WITH API PHARMA FOR MIDDLE EAST REGION
Source text: ID:nBSEKgKFY
Further company coverage: SNDR.NS
(([email protected];;))
March 5 (Reuters) - Standard Engineering Technology Ltd SNDR.NS:
ENTERS DISTRIBUTION AGREEMENT WITH API PHARMA FOR MIDDLE EAST REGION
Source text: ID:nBSEKgKFY
Further company coverage: SNDR.NS
(([email protected];;))
Standard Engineering Technology Ltd Gets Tax Demand Of 16.5 Million Rupees
Jan 13 (Reuters) - Standard Engineering Technology Ltd SNDR.NS:
STANDARD ENGINEERING TECHNOLOGY LTD - GETS TAX DEMAND OF 16.5 MILLION RUPEES
Source text: ID:nBSE48w8nD
Further company coverage: SNDR.NS
(([email protected];))
Jan 13 (Reuters) - Standard Engineering Technology Ltd SNDR.NS:
STANDARD ENGINEERING TECHNOLOGY LTD - GETS TAX DEMAND OF 16.5 MILLION RUPEES
Source text: ID:nBSE48w8nD
Further company coverage: SNDR.NS
(([email protected];))
Standard Glass Lining Technology June-Qtr Consol Net Profit 208.7 Mln Rupees
Aug 4 (Reuters) - Standard Glass Lining Technology Ltd SNDR.NS:
JUNE-QUARTER CONSOL NET PROFIT 208.7 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.73 BILLION RUPEES
Source text: ID:nBSE1c1yWD
Further company coverage: SNDR.NS
(([email protected];;))
Aug 4 (Reuters) - Standard Glass Lining Technology Ltd SNDR.NS:
JUNE-QUARTER CONSOL NET PROFIT 208.7 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.73 BILLION RUPEES
Source text: ID:nBSE1c1yWD
Further company coverage: SNDR.NS
(([email protected];;))
Standard Glass Lining Technology Enters Long-Term Agency Agreement With Biocon Solutions
April 9 (Reuters) - Standard Glass Lining Technology Ltd SNDR.NS:
STANDARD GLASS LINING TECHNOLOGY - ENTERS LONG-TERM AGENCY AGREEMENT WITH BIOCON SOLUTIONS
STANDARD GLASS LINING TECHNOLOGY LTD - AGREEMENT ENABLES EXPORT TO SINGAPORE, INDONESIA, MALAYSIA, THAILAND
Source text: ID:nBSE1KyfNd
Further company coverage: SNDR.NS
(([email protected];))
April 9 (Reuters) - Standard Glass Lining Technology Ltd SNDR.NS:
STANDARD GLASS LINING TECHNOLOGY - ENTERS LONG-TERM AGENCY AGREEMENT WITH BIOCON SOLUTIONS
STANDARD GLASS LINING TECHNOLOGY LTD - AGREEMENT ENABLES EXPORT TO SINGAPORE, INDONESIA, MALAYSIA, THAILAND
Source text: ID:nBSE1KyfNd
Further company coverage: SNDR.NS
(([email protected];))
Standard Glass Lining Technology Says Unit Enters Long-Term Agreement With Gale Process Solutions
March 10 (Reuters) - Standard Glass Lining Technology Ltd SNDR.NS:
STANDARD GLASS LINING TECHNOLOGY - UNIT ENTERS LONG-TERM AGREEMENT WITH GALE PROCESS SOLUTIONS
STANDARD GLASS LINING TECHNOLOGY LTD - AGREEMENT ENABLES EXPORT OF STEEL AND ALLOY PRODUCTS
Source text: ID:nBSE4mqvgj
Further company coverage: SNDR.NS
(([email protected];))
March 10 (Reuters) - Standard Glass Lining Technology Ltd SNDR.NS:
STANDARD GLASS LINING TECHNOLOGY - UNIT ENTERS LONG-TERM AGREEMENT WITH GALE PROCESS SOLUTIONS
STANDARD GLASS LINING TECHNOLOGY LTD - AGREEMENT ENABLES EXPORT OF STEEL AND ALLOY PRODUCTS
Source text: ID:nBSE4mqvgj
Further company coverage: SNDR.NS
(([email protected];))
India's Standard Glass Lining Technology gains in trading debut
** Shares of Standard Glass Lining Technology SNDR.NS rise 16% to 163 rupees in trading debut
** Stock opened at 172 rupees, about 23% higher than its IPO price of 140 rupees, before trimming some gains
** At current levels, stock is valued at $376 mln vs target valuation of $323 mln
** The IPO consisted of fresh issue worth up to 2.1 bln rupees, and offer for sale worth up to 2 bln rupees; it was subscribed 183 times
** Co says proceeds will be used to buy machinery and equipment, repayment of debt and investment in unit
(Reporting by Nishit Navin in Bengaluru)
(([email protected];))
** Shares of Standard Glass Lining Technology SNDR.NS rise 16% to 163 rupees in trading debut
** Stock opened at 172 rupees, about 23% higher than its IPO price of 140 rupees, before trimming some gains
** At current levels, stock is valued at $376 mln vs target valuation of $323 mln
** The IPO consisted of fresh issue worth up to 2.1 bln rupees, and offer for sale worth up to 2 bln rupees; it was subscribed 183 times
** Co says proceeds will be used to buy machinery and equipment, repayment of debt and investment in unit
(Reporting by Nishit Navin in Bengaluru)
(([email protected];))
Events:
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Lockin Period Expiry (Anchor)
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Popular questions
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What does Standard Engineering do?
Standard Glass Lining Technology is one of the specialised engineering equipment manufacturers for pharmaceutical and chemical sectors in India, with in house capabilities across the entire value chain. Its capabilities include designing, engineering, manufacturing, assembly, installation and commissioning solutions as well as establishing standard operating procedures for pharmaceutical and chemical manufacturers on a turnkey basis.
Who are the competitors of Standard Engineering?
Standard Engineering major competitors are GMM Pfaudler, HLE Glascoat, Thermax, Praj Industries. Market Cap of Standard Engineering is ₹2,450 Crs. While the median market cap of its peers are ₹4,743 Crs.
Is Standard Engineering financially stable compared to its competitors?
Standard Engineering seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Standard Engineering pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Standard Engineering latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Standard Engineering allocated its funds?
NA
How strong is Standard Engineering balance sheet?
Balance sheet of Standard Engineering is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Standard Engineering improving?
Yes, profit is increasing. The profit of Standard Engineering is ₹78.46 Crs for TTM, ₹64.34 Crs for Mar 2025 and ₹58.38 Crs for Mar 2024.
Is the debt of Standard Engineering increasing or decreasing?
Yes, The net debt of Standard Engineering is increasing. Latest net debt of Standard Engineering is ₹90.56 Crs as of Sep-25. This is greater than Mar-25 when it was -₹204.05 Crs.
Is Standard Engineering stock expensive?
Standard Engineering is not expensive. Latest PE of Standard Engineering is 32.51, while 3 year average PE is 48.74. Also latest EV/EBITDA of Standard Engineering is 22.88 while 3yr average is 30.21.
Has the share price of Standard Engineering grown faster than its competition?
Standard Engineering has given better returns compared to its competitors. Standard Engineering has grown at ~-11.95% over the last 1yrs while peers have grown at a median rate of -13.0%
Is the promoter bullish about Standard Engineering?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 60.47% and last quarter promoter holding is 60.41%.
Are mutual funds buying/selling Standard Engineering?
The mutual fund holding of Standard Engineering is decreasing. The current mutual fund holding in Standard Engineering is 0.54% while previous quarter holding is 0.6%.
