Setco Automotive Ltd
NSE: SETCO · Auto Components & Equipments · sector
₹14.85NSE close 2026-10-26
Key numbers
Market cap₹199 cr
Price₹14.85
52w high / low₹29 / ₹12
P/E–Sector median 24.3x
P/B–Sector median 3.3x
Book value₹-58.3
Dividend yield0.10%Sector median 0.55%
ROE–Sector median 14.0%
ROCE9.6%Sector median 15.8%
OPM11.2%Sector median 11.6%
Debt / equity–Sector median 0.28x
EV/EBITDA19.3xSector median 13.0x
Interest cover0.2x
Current ratio0.19x
Sales growth 3y–Sector median +9.0%
Profit growth 3y–Sector median +9.5%
PEG–
Last 12 months to Dec 2025, Consolidated. "Sector median" = middle value of 132 companies in Auto Components & Equipments (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹14 cr vs borrowings ₹988 cr (FY24): borrowings are higher by ₹973 cr.
- Operating profit covered interest 0.2x in the last 12 months.
- 30.10% of the promoters' shares are pledged (17.8% of all shares).
- Operating cash flow was below net profit in 0 of the last 3 years.
- Net loss in 8 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- No dividend in the last 3 financial years.
- Price ₹14.85 on 2026-10-26: -48.1% from the 52-week high, +28.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹27.85 · low ₹9.82
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 165 | 174 | 163 | 160 | 177 | 179 | 358 | 197 |
| EBITDA | 25 | 20 | 19 | 20 | 29 | 20 | 46 | 29 |
| OPM % | 15.0% | 11.4% | 11.7% | 12.3% | 16.6% | 11.4% | 12.8% | 14.7% |
| Other income | 1 | 0 | 1 | 6 | 2 | 1 | 2 | 1 |
| Net profit | -24 | -24 | -29 | -29 | -29 | -42 | -69 | -51 |
| EPS (₹) | -1.81 | -1.76 | -2.19 | -2.16 | -2.14 | -2.61 | -5.15 | -3.79 |
| Revenue YoY | +7.4% | +2.9% | +120.1% | +23.0% | ||||
| Profit YoY | – | – | – | – |
Consolidated figures where filed. Latest quarter Dec 2025.
Profit & loss (yearly)
| ₹ cr | FY21 | FY22 | FY24 | TTM |
|---|---|---|---|---|
| Revenue | 359 | 435 | 630 | 630 |
| EBITDA | -43 | -118 | 70 | 70 |
| Net profit | -123 | -224 | -113 | -113 |
| EPS (₹) | -8.98 | -16.77 | -8.42 | -8.42 |
| Revenue growth | +21.1% | +44.8% | -4.8% | |
| Profit growth | – | – | – | |
| Dividend / share (₹) | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | -4.8% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | +28.6% (2y) | -17.0% |
Balance sheet
| ₹ cr | FY21 | FY22 | FY24 |
|---|---|---|---|
| Shareholders' equity | – | – | -566 |
| Borrowings | – | – | 988 |
| Cash & equivalents | – | – | 14 |
| Total assets | – | – | 556 |
| Fixed assets | – | – | 192 |
| Investments | – | – | 83 |
| Receivables | – | – | 41 |
| Inventory | – | – | 127 |
| Payables | – | – | 96 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY21 | FY22 | FY24 |
|---|---|---|---|
| Cash from operations | 26 | -125 | 69 |
| Cash from investing | -17 | -98 | -7 |
| Cash from financing | -6 | 230 | -64 |
| Capex | 6 | 60 | 8 |
| Free cash flow | 20 | -185 | 62 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY21 | FY22 | FY24 |
|---|---|---|---|
| ROE % | – | – | 19.9% |
| ROCE % | – | – | 9.1% |
| Debtor days | – | – | 24 |
| Inventory days | – | – | 144 |
| Payable days | – | – | 109 |
| Cash conversion cycle (days) | – | – | 59 |
| Working capital days | – | – | 8 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 59.25% |
| DIIs | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 40.75% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 59.25% | 59.25% | 59.25% | 59.25% | 59.25% | 59.25% | 59.25% | 59.25% |
| Promoter group | % |
|---|---|
| Setco Engineering Pvt Ltd | 47.89% |
| Urja Harshal Shah | 3.20% |
| Sneha Harish Sheth | 2.64% |
| Harish Kiritbhai Sheth | 2.17% |
| Udit Harish Sheth | 2.07% |
| Transstadia Enterprises Private Limited | 1.23% |
| Harish Kiritbhai Sheth - HUF | 0.05% |
| Public holders above 1% | % |
|---|---|
| Bharat C Jain | 2.24% |
| Amit Bhutra | 1.80% |
| Alpa Salecha | 1.73% |
| Investor Education and Protection Fund Authority Ministry of Corporate Affairs | 1.35% |
29,845 shareholders. Pledged: 30.10% of promoter shares.
Peers in Auto Components & Equipments
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| MOTHERSON | ₹1,62,274 cr | 37.0x | 4.0x | 11.6% | 12.9% | 9.3% | +17.0% | 0.44% |
| BOSCHLTD | ₹1,32,455 cr | 56.0x | 8.9x | 16.5% | 21.7% | 13.4% | +10.3% | 1.14% |
| BHARATFORG | ₹82,736 cr | 117.2x | 8.7x | 7.5% | 10.0% | 14.0% | +9.2% | 0.46% |
| UNOMINDA | ₹61,747 cr | 51.3x | 9.0x | 19.1% | 16.6% | 10.9% | +20.5% | 0.27% |
| SCHAEFFLER | ₹54,960 cr | 43.9x | 8.9x | 21.6% | 27.8% | 18.2% | – | – |
| SONACOMS | ₹48,637 cr | 69.8x | 8.1x | 12.0% | 15.2% | 23.6% | +18.7% | 0.41% |
| TIINDIA | ₹40,369 cr | 66.5x | 5.2x | 9.1% | 23.6% | 9.2% | +15.2% | 0.42% |
| ENDURANCE | ₹31,415 cr | 32.4x | 4.6x | 15.4% | 16.7% | 13.1% | +18.4% | 0.45% |
| EXIDEIND | ₹28,636 cr | 30.7x | 2.1x | 6.7% | 9.7% | 10.3% | +6.1% | 0.60% |
| SETCO | ₹199 cr | – | – | – | 9.6% | 11.2% | – | 0.10% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-06-02 | Dividend | Interim Dividend - Rs 13 Per Share |
| 2024-09-20 | Other | Annual General Meeting |
| 2023-09-20 | Other | Annual General Meeting |
| 2022-09-09 | Other | Annual General Meeting |
| 2021-12-21 | Other | Annual General Meeting |
| 2020-12-18 | Other | Annual General Meeting |
| 2019-09-19 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2018-09-19 | Dividend | Annual General Meeting/Dividend Re 0.80 Per Share |
| 2017-09-18 | Dividend | Annual General Meeting/Dividend - Re 0.65 Per Share |
| 2016-09-20 | Dividend | Annual General Meeting/Dividend - Re 0.80 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Auto Components & Equipments |
| Sub-industry | Auto Components & Equipments |
| Symbol | SETCO |
| BSE code | 505075 |
| ISIN | INE878E01021 |
| Face value | ₹2.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.