Standard Engineering Technology Ltd · SETL
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₹138 Cr
₹201 Cr
₹142 Cr
₹165 Cr
₹140 Cr
₹166 Cr
₹173 Cr
₹183 Cr
₹192 Cr
₹227 Cr
₹248 Cr
20-quarter listed-company comparison
Engineering - Heavy - Glass - lined Equipment Stocks in India
Engineering - Heavy - Glass - lined Equipment: Standard Engineering Technology Ltd owns the largest revenue base AND the fastest current growth.
01 · the index people search for
Nifty Engineering - Heavy - Glass - lined Equipment Index — Constituents & Performance
All 1 listed Indian Engineering - Heavy - Glass - lined Equipment companies are named here, largest first — the same constituent set people search for as the Nifty Engineering - Heavy - Glass - lined Equipment index. Every figure on this page is equal-weighted across those companies, so one large constituent cannot set the reading.
02 · sector relative strength, before individual stocks
Is Engineering - Heavy - Glass - lined Equipment outperforming NIFTY 500?
Engineering - Heavy - Glass - lined Equipment has outperformed NIFTY 500 by 49.5% over the last 52 weeks. Over 13 weeks the gap is a lead of 110.1%. 1 of 1 covered company currently beats NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Readings are as of 2026-08-09.
+110.1%Sector vs NIFTY 500 · 13 weeks
+49.5%Sector vs NIFTY 500 · 52 weeks
1/1Stocks leading NIFTY 500
0/1Stocks leading sector
Sector metric: 94.3 as of 2026-08-09 · CONSOLIDATION · falling.
The central tension: current leadership is concentrated, so durability matters more than rank.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
Engineering - Heavy - Glass - lined Equipment has outperformed NIFTY 500 by 49.5% over 52 weeks and 110.1% over 13 weeks. 1 of 1 covered companies beat NIFTY on Mansfield relative strength, while 0 of 1 beat the sector itself. Standard Engineering Technology Ltd has the fastest current revenue growth at 32%, across 1 of 1 comparable companies.
Companies
1
complete canonical membership
Combined market value
₹6.0K Cr
Standard Engineering Technology Ltd
Revenue growing
1/1
positive TTM year-on-year growth
Beating NIFTY 500
1/1
positive Mansfield relative strength
Comparing 1 of 1
03 · research priority, made explicit
Best Engineering - Heavy - Glass - lined Equipment Stocks in India (Aug 2026), Ranked by Data
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Standard Engineering Technology Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 66.3% evidence confidence.
How this score is built, and what the marks mean
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Top 10 Engineering - Heavy - Glass - lined Equipment Stocks in India
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Standard Engineering Technology LtdSETL | 57.1/100Mixed-positive evidence66% evidence | BREAKING OUT | 19.5/35 Revenue 32% · PAT 18.9% · OPM change -1 pp 95% evidence | 15.1/25 ROCE 14.7% · OPM 16% 76% evidence | 10.0/20 P/E 69.6× · PEG — 0% evidence | 12.5/20 RS sector 0% · RS bench 73% · 1Y 81.9%11 of 11 weeks ahead 70% evidence |
| Exact sum: 19.5 + 15.1 + 10 + 12.5 = 57.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
04 · what price has already done
Market action
Standard Engineering Technology Ltd has the strongest one-year price move in Engineering - Heavy - Glass - lined Equipment at +81.9%. It also leads on Mansfield relative strength against NIFTY at +73%. 1 of 1 covered company is above zero on that measure. Every line covers 313 weekly closes through 2026-08-14.
Price and relative strength
Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.
How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.
The same measure taken against Engineering - Heavy - Glass - lined Equipment itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.
05 · compare level, then change
Revenue Scale & Growth Durability
Standard Engineering Technology Ltd is the only Engineering - Heavy - Glass - lined Equipment company on this page, with Revenue of ₹850 crore. The same company also holds the highest Revenue growth, at 32%. That is the only usable Revenue reading on this page, current through Jun 2026. Its Revenue series carries 11 reported observations across the 13-quarter window.
What the numbers say: Standard Engineering Technology Ltd is the scale leader at ₹850 crore, Standard Engineering Technology Ltd's growth is 32% from a ₹850 crore base, with 11 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
LeaderStandard Engineering Technology Ltd · ₹850 crore
GapNot enough peers
Persistence6/7 recent comparable periods
Coverage1/1 companies · 11 observations
Investor read: Standard Engineering Technology Ltd is the scale benchmark; Standard Engineering Technology Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Standard Engineering Technology Ltd's growth falls below Standard Engineering Technology Ltd's for two consecutive comparable reports while operating margin also compresses.
Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
Revenue growthfastest growers
Revenue · company comparison
1/1 level · 1/1 change
On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.
All-company data · latest reported quarter
In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| Standard Engineering Technology Ltd SETL | ₹248 Cr | 43% | Jun 2026 |
Full 13-quarter history · every available company
Revenue · reported quarter history
Revenue growth · reported quarter history
Standard Engineering Technology Ltd · SETL
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1.5%
-17%
22%
11%
37%
37%
43%
06 · compare level, then change
Operating Economics & Margin Trend
Standard Engineering Technology Ltd is the only Engineering - Heavy - Glass - lined Equipment company on this page, with OPM of 16%. The same company also holds the highest Margin change, at -1 percentage points. That is the only usable OPM reading on this page, current through Jun 2026.
What the numbers say: Standard Engineering Technology Ltd leads both opm at 16% and margin change at -1 percentage points.
LeaderStandard Engineering Technology Ltd · 16%
GapNot enough peers
Persistence1/7 recent comparable periods
Coverage1/1 companies · 11 observations
Investor read: Standard Engineering Technology Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
Margin changefastest expanders
Operating margin · company comparison
1/1 level · 1/1 change
All-company data · latest reported quarter
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| Standard Engineering Technology Ltd SETL | 16% | −1.0 pp | Jun 2026 |
Full 13-quarter history · every available company
OPM · reported quarter history
Standard Engineering Technology Ltd · SETL
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17%
16%
17%
20%
19%
14%
17%
16%
15%
14%
16%
Margin change · reported quarter history
Standard Engineering Technology Ltd · SETL
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+2.0 pp
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0.0 pp
−4.0 pp
−4.0 pp
0.0 pp
−1.0 pp
07 · compare level, then change
Profit Scale & Acceleration
Standard Engineering Technology Ltd is the only Engineering - Heavy - Glass - lined Equipment company on this page, with Net profit of ₹88 crore. The same company also holds the highest Profit growth, at 18.9%. That is the only usable Net profit reading on this page, current through Jun 2026.
What the numbers say: Standard Engineering Technology Ltd leads with ₹88 crore of TTM profit, Standard Engineering Technology Ltd shows 18.9% growth from a ₹88 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
LeaderStandard Engineering Technology Ltd · ₹88 crore
GapNot enough peers
Persistence5/7 recent comparable periods
Coverage1/1 companies · 11 observations
Investor read: Standard Engineering Technology Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
Profit growthfastest growers
Net profit · company comparison
1/1 level · 1/1 change
All-company data · latest reported quarter
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Standard Engineering Technology Ltd SETL | ₹27 Cr | 29% | Jun 2026 |
Full 13-quarter history · every available company
Net profit · reported quarter history
Standard Engineering Technology Ltd · SETL
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₹12 Cr
₹24 Cr
₹15 Cr
₹21 Cr
₹16 Cr
₹16 Cr
₹21 Cr
₹20 Cr
₹20 Cr
₹21 Cr
₹27 Cr
Profit growth · reported quarter history
Standard Engineering Technology Ltd · SETL
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33%
-33%
40%
-4.8%
25%
31%
29%
08 · compare level, then change
Return On Capital Employed
Standard Engineering Technology Ltd is the only Engineering - Heavy - Glass - lined Equipment company on this page, with ROCE of 14.7%. The same company also holds the highest ROCE change, at -1 percentage points. That is the only usable ROCE reading on this page, current through Jun 2026.
What the numbers say: Standard Engineering Technology Ltd leads ROCE at 14.7%. Standard Engineering Technology Ltd has the strongest latest improvement at -1 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
LeaderStandard Engineering Technology Ltd · 14.7%
GapNot enough peers
PersistenceNot enough history
Coverage1/1 companies · 0 observations
Investor read: Standard Engineering Technology Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
ROCE changefastest improvers
Return on capital · company comparison
1/1 level · 1/1 change
Withheld from this chart: Standard Engineering Technology Ltd (SETL) — its two data sources disagree by up to 4.8% on reported income across 10 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
All-company data · latest reported quarter
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Standard Engineering Technology Ltd SETL | 15% | −1.0 pp | Jun 2026 |
Full 13-quarter history · every available company
No consistent historical series is available for roce.
No consistent historical series is available for roce change.
09 · compare level, then change
Valuation Against Growth & Quality
No company in this Engineering - Heavy - Glass - lined Equipment comparison reports a valuation figure this section can compare, so the PEG rank is empty. On P/E, Standard Engineering Technology Ltd is lowest at 69.6×, across 1 of 1 company with a usable reading.
What the numbers say: There is not enough comparable evidence to name a reliable peg leader.
LeaderNo comparable leader
GapNot enough peers
PersistenceNot enough history
Coverage0/1 companies · 0 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
PEGlowest PEG
—Not enough comparable data—
P/Elowest P/E
Valuation · company comparison
0/1 level · 1/1 change
All-company data · latest reported quarter
| Company | PEG | P/E | Reported |
|---|---|---|---|
| Standard Engineering Technology Ltd SETL | — | 53.4 | Jun 2026 |
Full 13-quarter history · every available company
No consistent historical series is available for peg.
P/E · reported quarter history
Standard Engineering Technology Ltd · SETL
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9.5
48.9
47.8
41.4
29.1
53.4
10 · before the conclusion, check the blind spots
What can make this comparison misleading?
This Engineering - Heavy - Glass - lined Equipment comparison names 6 specific ways its own evidence can mislead, all listed below. The one company here reports on comparable dates, so no rank carries a stale marker. 1 has second-feed figures withheld because the two sources disagree. 1 of the 5 ranked sections has fewer than three usable current readings.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 1 company is missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
- Thin comparisons: Valuation have fewer than three usable current readings.
11 · evidence and freshness
How was this comparison built?
This comparison is built from the reported filings of 1 Engineering - Heavy - Glass - lined Equipment company, normalized to a common ₹ scale and a shared quarter axis of up to 13 quarters each. Fundamentals run through Jun 2026 and market data through 2026-08-14.
FundamentalsThrough Jun 2026 · up to 13 quarters per company
Market dataThrough 2026-08-14 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing0 cross-checked · 0 unverified · 1 withheld, of 1 graded companies.
How a second data feed is admitted, and what happens when it disagrees
A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.
12 · questions investors ask, short speakable answers
Engineering - Heavy - Glass - lined Equipment company comparison FAQs
These 21 answers restate the Engineering - Heavy - Glass - lined Equipment comparison above in question form. Every one is computed from the same 1 company and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-08-14. Nothing here is estimated, and none of it is a recommendation.
Is the Engineering - Heavy - Glass - lined Equipment sector outperforming NIFTY 500?
Engineering - Heavy - Glass - lined Equipment has outperformed NIFTY 500 by 49.5% over 52 weeks and 110.1% over 13 weeks. 1 of 1 covered companies beat NIFTY on Mansfield relative strength, while 0 of 1 beat the sector itself.
Which Engineering - Heavy - Glass - lined Equipment company is largest by revenue?
Standard Engineering Technology Ltd leads with revenue of ₹850 crore, based on 1 of 1 comparable companies through Jun 2026.
Which Engineering - Heavy - Glass - lined Equipment company is growing fastest?
Standard Engineering Technology Ltd has the fastest current revenue growth at 32%, across 1 of 1 comparable companies.
Which Engineering - Heavy - Glass - lined Equipment company has the strongest 4-Factor Sector Score?
Standard Engineering Technology Ltd ranks first at 57.1/100 with 66.3% evidence confidence. The score prioritizes research; it is not a buy recommendation.
How much history does this Engineering - Heavy - Glass - lined Equipment comparison include?
The page compares up to 13 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Is there a Nifty Engineering - Heavy - Glass - lined Equipment index?
NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Engineering - Heavy - Glass - lined Equipment, this page builds its own equal-weight basket of 1 listed Engineering - Heavy - Glass - lined Equipment companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.
Which are the best Engineering - Heavy - Glass - lined Equipment stocks in India?
Ranked by this page's four-factor score, Standard Engineering Technology Ltd places first among 1 listed Engineering - Heavy - Glass - lined Equipment companies. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.
How many Engineering - Heavy - Glass - lined Equipment stocks are listed in India?
This comparison covers 1 listed Engineering - Heavy - Glass - lined Equipment companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.
Which Engineering - Heavy - Glass - lined Equipment company is the biggest?
Standard Engineering Technology Ltd is the largest, with trailing-twelve-month revenue of ₹850 crore. That covers 1 of 1 companies with comparable reporting through Jun 2026.
Which Engineering - Heavy - Glass - lined Equipment company has the best profit margins?
Standard Engineering Technology Ltd has the highest operating margin at 16%, from 1 of 1 comparable companies. Standard Engineering Technology Ltd shows the biggest recent improvement, at -1 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
Which Engineering - Heavy - Glass - lined Equipment company makes the most profit?
Standard Engineering Technology Ltd earns the most, at ₹88 crore of trailing-twelve-month net profit, from 1 of 1 comparable companies. Standard Engineering Technology Ltd has the fastest profit growth at 18.9%, though growth off a small or recovering profit base overstates how much has actually changed.
Which Engineering - Heavy - Glass - lined Equipment company earns the highest return on capital?
Standard Engineering Technology Ltd leads on return on capital employed at 14.7%, across 1 of 1 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Is the Engineering - Heavy - Glass - lined Equipment sector beating the market?
Engineering - Heavy - Glass - lined Equipment has outperformed NIFTY 500 by 49.5% over the last 52 weeks and 110.1% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 1 of 1 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
Which Engineering - Heavy - Glass - lined Equipment stock has the strongest price momentum?
Standard Engineering Technology Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which Engineering - Heavy - Glass - lined Equipment company scores highest for research priority?
Standard Engineering Technology Ltd scores 57.1 out of 100 with 66.3% evidence confidence, from 19.5 points on growth and earnings, 15.1 on capital efficiency, 10 on valuation and 12.5 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many Engineering - Heavy - Glass - lined Equipment companies does this comparison cover, and over what period?
It compares 1 listed companies over up to 13 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Engineering - Heavy - Glass - lined Equipment sector?
The 1 Engineering - Heavy - Glass - lined Equipment companies on this page carry ₹5,953 crore of combined market value. Standard Engineering Technology Ltd is the largest at ₹5,953 crore, about 100% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-20.
How is the Engineering - Heavy - Glass - lined Equipment sector performing?
1 of the 1 covered Engineering - Heavy - Glass - lined Equipment companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 49.5% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-20.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.