Setco Automotive Limited

Setco Automotive Limited

16.43
INR
-0.52
(-3.07%)
-0.32EPS
37.07P/E
2.66BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
29.23
39.28
42.19
42.61
42.97
50.9
35.16
26.86
32.52
40.79
47.89
53.72
60.17
60.16
Basic EPS, GAAP
1.37
1.55
1.74
-0.65
0.28
0.23
-3.33
-8.98
-16.77
-11.4
-8.42
-7.86
-0.01
0.54
Free Cash Flow per Basic Share
2.48
-8.42
-2.42
1.26
5.53
5.95
5.49
1.5
-18.28
2.67
4.6
5.75
17.03
- -
Dividend per Share
0.62
0.36
0.96
- -
0.78
0.96
1.21
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
14.2
15.14
15.59
14.14
13.42
12.39
7.83
-1.81
-15.49
-26.72
-35.19
-43.11
-43.88
-43.88
Tangible Book Value per Share
11.8
12.14
10.9
10.42
9.7
8.53
3.88
-5.33
-22.02
-32.19
-39.86
-47.07
-47.26
-47.26
Basic Weighted Avg Shares
133
133
134
134
134
134
134
134
134
134
134
134
134
134
Sales/Revenue/Turnover
3,899
5,242
5,637
5,692
5,740
6,804
4,703
3,593
4,350
5,456
6,407
7,186
8,049
8,049
Operating Margin (%)
6.31
9.42
9.94
5.82
7.12
9.58
1.3
-12.1
-11.76
0.37
5.95
10.79
8.7
8.51
Depreciation Expense
136
159
187
302
322
335
323
337
374
384
347
321
292
292
Net Income, GAAP
182
207
232
-87
38
31
-446
-1,201
-2,244
-1,525
-1,127
-1,051
-1
72
Effective Tax Rate (%)
- -
21
19.42
- -
305.31
103.25
- -
- -
- -
- -
- -
- -
132.44
132.42
Profit Margin (%)
4.67
3.94
4.12
-1.52
0.65
0.46
-9.48
-33.42
-51.58
-27.95
-17.59
-14.62
-0.01
0.89
Working Capital
-159
242
-192
-535
-662
-1,110
-1,705
-2,153
259
-101
135
704
-8,825
-8,825
LT Debt
211
1,522
1,909
1,745
1,359
988
1,387
1,788
6,840
7,829
9,222
10,725
827
827
Total Equity
1,895
2,116
2,173
1,971
1,877
1,709
1,050
-272
-2,404
-4,307
-5,664
-6,938
-7,082
-7,082
Return on Invested Capital (%)
- -
4.66
4.03
- -
-13.46
-0.37
- -
- -
- -
- -
- -
- -
-4.78
-4.75
Return on Capital (%)
- -
9.21
8.69
- -
-14.25
0.94
- -
- -
- -
- -
- -
- -
-3.32
-10.22
Return on Common Equity (%)
9.82
10.55
11.3
-4.36
2.04
1.81
-32.97
- -
- -
- -
- -
- -
- -
- -

Capital Structure

INR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
10,907
- -
9,878
LT Borrowings
868
- -
826
LT Finance Leases
1
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
134
134
134
Market Capitalization
2,237
2,100
2,661

Working Capital

INR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
2,291
- -
2,438
Cash, Cash Equivalents & STI
189
- -
391
Accounts Receivable, Net
534
- -
709
Inventories
1,391
- -
1,187
Total Current Liabilities
12,174
- -
11,263
Payables & Accruals
- -
- -
- -
ST Debt
10,907
- -
9,878
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
73.32%
184.13%
2.07%
Free Cash Flow
-102.31%
-227.58%
196%
Net Income, GAAP
-173.2%
-15.58%
-99.89%
Sales/Revenue/Turnover
5.4%
17.62%
12.01%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,452
1,457
1,651
1,738
6,407
2025
1,658
1,599
1,773
2,106
7,186
2026
1,788
1,790
1,966
2,506
8,049

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-2.32
-2.54
-1.81
-1.76
-8.42
2025
-2.19
-2.16
-2.14
-1.37
-7.86
2026
-2.61
-1.99
-3.79
8.93
-0.01

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Harish Kiritbhai Sheth
Full Time Employees
831
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
54A, Tardeo Road Mumbai MA India 400034
IPO Date
May 22, 2006
Business
Setco Automotive Limited specializes in the production and distribution of clutch systems and related automotive components for the commercial vehicle sector, operating across India and global markets. Their extensive product range encompasses robust clutch assemblies, durable flywheels, driveline elements, air-over-hydraulic pressure converters, and high-precision engineered components, including recently introduced automotive water pumps. These offerings are prominently featured under the well-regarded LIPE brand, known globally for heavy-duty applications, alongside other product lines and the subsidiary Lava Cast. Serving a diverse clientele, the firm supplies solutions for heavy, medium, and light commercial trucks, military vehicles, marine applications, off-highway machinery, and agricultural equipment. The company holds a significant position as a top supplier to major Indian commercial vehicle manufacturers and ranks among the leading global manufacturers by volume. Setco actively invests in innovation, including the development of advanced systems like "Setomatic" for clutch-less gear shifting, showcased at Bharat Mobility 2025, and leverages digital platforms with the "Setco app" to enhance customer and mechanic engagement. With a global manufacturing footprint in India, the UK, and the USA, coupled with strategic R&D centers, Setco Automotive maintains a strong international presence in both OEM and aftermarket segments. Established in 1982 and originally known as Gujrat Setco Clutch Limited before its rebranding in November 2005, Setco Automotive Limited maintains its corporate headquarters in Mumbai, India.