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Investor Presentation

Standard Engineering Technology Investor Presentation: Key Takeaways

SETL reported record Q1 FY27 results with 41% YoY income growth. Strategy involves 'two engines': core engineering and a new AI data center infrastructure business via GScale acquisition.

Why this was an Alfa AlertRevenue guidance raised from 30.0% to 50.0% (+20pp).
Guidance and delivery
Revenue guidance 30.0% → 50.0% Raised by 20.0 percentage points
Management target Revenue 50.0% FY27
Highlights
Revenue growth41% YoY growth in Q1.
MarginsEBITDA margins at 17.5%; GScale expected at 23-25%.
Order bookCore business unexecuted order book at INR 1,400Cr.
Demand visibilityStrong interest from data center clients; 6x market growth expected by 2030.
Management confidenceHigh; stating 'record after record' is the new standard.

Growth

Total income INR 250Cr (up 41% YoY); PAT INR 26Cr (up 26% YoY); EBITDA INR 44Cr (up 27% YoY).

Outlook

FY27 revenue guidance raised to INR 1,450Cr. Targeted INR 1 lakh crore TAM in AI data center products. Acquiring 51% of GScale.

Risks

High working capital cycle historically; uncertainty in global markets affecting export growth; technology secrecy requirements in Japan.

Last quarter's promises, checked

Delivered

  • Quarterly revenue run rate target INR 250Cr → delivered INR 250Cr (= BEAT)
  • FY27 EBITDA margin improvement vs FY26 (17.4%) → delivered 17.5% (= BEAT)
  • C2C Engineering FY27 revenue target INR 60Cr → delivered on track via Q1 growth (= BEAT)

Partly delivered

  • Inventory reduction target < 180 days → delivered 160 days but WC remains a noted risk (= PARTIAL)
Source

Investor Presentation filed with BSE, NSE: SETL. Summary written with AI assistance from the document.

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Standard Engineering Technology Ltd: key numbers

Share price
₹402.55
Market cap
₹8,031 Cr
Revenue (annual)
₹774.1 Cr
Net profit (annual)
₹80.04 Cr
P/E (TTM)
93.9×Sector 53.6×
Promoter holding
60.47%+0.00% QoQ
FII holding
2.78%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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