Standard Glass Lining Technology Ltd (SGLTL) has reported robust financial results for the second quarter of FY26, marking a pivotal moment in its strategic transformation. The company, traditionally known for manufacturing glass-lined equipment, is now repositioning itself as a precision engineering and technology solutions provider for global process industries.
For Q2 FY26, SGLTL posted a total income of ₹188 crore, reflecting a year-on-year growth of 5.6%. Profit after tax rose by 3.2% compared to the same period last year, while EBITDA stood at ₹34 crore, slightly down by 1.8% due to transitional costs and strategic investments. The company’s half-year revenue reached ₹366.37 crore, up 17.4% year-on-year, indicating sustained growth momentum.
In a major strategic move, the Board of Directors has approved a proposal to rename the company as Standard Engineering Technology Ltd. This rebranding reflects its expanded capabilities in design-to-water-trial engineering services across sectors such as pharmaceuticals, chemicals, biotechnology, and food & beverage.
The transformation is supported by key acquisitions, including a 51% stake in C2C Engineering Pvt. Ltd., which enhances its design and automation portfolio. Additionally, the company completed the acquisition of Scigenics (India) Pvt. Ltd. for ₹9 crore through its wholly owned subsidiary, further strengthening its manufacturing footprint.
SGLTL’s stock performance has mirrored investor confidence in its new direction. The company’s shares, which debuted earlier this year at a 26% premium over the issue price of ₹140, opened at ₹175 on the day of the Q2 results announcement.
Leadership at SGLTL emphasized that the transformation is not cosmetic but reflects a deep operational shift. The company aims to become a global player in precision engineering, focusing on innovation, scalability, and customer-centric solutions.
