Setco Automotive

Which are the latest news on Setco Automotive?

Why is Setco Automotive Ltd falling/rising?

As of 07-Aug, Setco Automotive Ltd's stock price is at 17.90, reflecting a 1.65% increase. The stock has outperformed the Sensex over various time frames, showing strong long-term gains, but has underperformed its sector today and experienced a decline in investor participation.

As of 07-Aug, Setco Automotive Ltd's stock price is rising, currently at 17.90, reflecting a change of 0.29 or 1.65% increase. This upward movement can be attributed to several factors. Over the past week, the stock has outperformed the Sensex, gaining 1.94% compared to the benchmark's 0.52%. Additionally, the stock has shown strong performance over the past month, with a 9.15% increase, while the Sensex only rose by 0.41%. Year-to-date, Setco Automotive Ltd has a remarkable gain of 13.72%, contrasting sharply with the Sensex's decline of 7.89%. <BR><BR>Moreover, the stock has demonstrated impressive long-term performance, with a 24.65% increase over the past year and a significant 157.55% rise over the last three years, while the Sensex has only increased by 19.02% during the same period. <BR><BR>However, it is important to note that the stock has underperformed its sector today by 1.01%, and there has been a notable decline in investor participation, with delivery volume falling by 82.9% against the 5-day average. Despite this, the high dividend yield of 73.73% at the current price may continue to attract investors, contributing to the stock's overall positive momentum.

Should I buy, sell or hold Setco Automotive Ltd?

How big is Setco Automotive?

As of 10th June, Setco Automotive Ltd has a market capitalization of 235.00 Cr and reported net sales of 764.94 Cr, but incurred a net loss of 130.54 Cr in the latest four quarters.

As of 10th June, Setco Automotive Ltd has a market capitalization of 235.00 Cr and is classified as a Micro Cap company.<BR><BR>In the latest four quarters, Setco Automotive reported net sales of 764.94 Cr. However, the company experienced a loss of 130.54 Cr in net profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2025. At that time, the shareholder's funds were reported as a loss of 693.82 Cr, while total assets amounted to 558.97 Cr.

Who are in the management team of Setco Automotive?

The management team of Setco Automotive includes Harish Sheth (Chairman & Managing Director), Udit Sheth (Executive Vice Chairman), Urja Shah (Executive Director), and several independent directors: Arun Arora, Ashok Kumar Jha, and Suhasini Sathe, along with Hiren P Vala as Company Secretary & Compliance Officer. They oversee the company's operations and strategic direction.

The management team of Setco Automotive includes the following individuals:<BR><BR>1. **Harish Sheth** - Chairman & Managing Director<BR>2. **Udit Sheth** - Executive Vice Chairman<BR>3. **Urja Shah** - Executive Director<BR>4. **Arun Arora** - Independent Director<BR>5. **Ashok Kumar Jha** - Independent Director<BR>6. **Suhasini Sathe** - Independent Director<BR>7. **Hiren P Vala** - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the Setco Automotive?

Setco Automotive's peers include Remsons Ind., Menon Pistons, Pritika Auto, Emmforce Auto, Shivam Autotech, Pavna Industries, Ucal, Thaai, Bimetal Bearings, and SKP Bearing. Management risk varies from excellent at Menon Pistons to below average for most others, with Setco Automotive rated as good; growth ratings and capital structures also vary among peers.

Peers: The peers of Setco Automotive are Remsons Ind., Menon Pistons, Pritika Auto, Emmforce Auto., Shivam Autotech, Pavna Industries, Ucal, Thaai, Bimetal Bearings, and SKP Bearing.<BR><BR>Quality Snapshot: Excellent management risk is observed at Menon Pistons and Emmforce Auto., while Good management risk is found at Setco Automotive. Average management risk is noted at Remsons Ind., Pritika Auto, and Thaai, and the rest have Below Average management risk. Growth ratings show that Bimetal Bearings has Good growth, while Average growth is seen at Pritika Auto and Thaai, and the rest have Below Average growth. In terms of Capital Structure, Menon Pistons stands out with Excellent capital structure, while Average capital structure is found at Remsons Ind. and Emmforce Auto., and the rest have Below Average capital structure.<BR><BR>Return Snapshot: Setco Automotive has a 1-year return of 3.34%, which is higher than the lowest return of -63.80% from Pavna Industries and lower than the highest return of 14.51% from Emmforce Auto. Additionally, the peers with negative six-month returns include Remsons Ind., Shivam Autotech, Pavna Industries, Ucal, and Emmforce Auto.

What does Setco Automotive do?

Setco Automotive Ltd manufactures clutch products and hydraulics in the auto components industry. As of December 2025, it reported net sales of 197 Cr and a net loss of 51 Cr, with a market cap of INR 235 Cr.

Overview:<BR>Setco Automotive Ltd is engaged in the manufacturing of clutch products and systems, and hydraulics, operating within the Auto Components & Equipments industry and classified as a Micro Cap company.<BR><BR>History:<BR>Setco Automotive Ltd was established in 1982, originally named Gujarat Setco Clutch Limited, and changed its name in December 2005. The latest quarterly results reported net sales and profit for the period ending December 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 197 Cr (Quarterly Results - Dec 2025) <BR>Most recent Net Profit: -51 Cr (Quarterly Results - Dec 2025) <BR>Market-cap value: INR 235 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 36 <BR>Dividend Yield: 73.94% <BR>Debt-Equity: -1.49 <BR>Return on Equity: 13.92% <BR>Price to Book: -0.30 <BR><BR>Contact Details:<BR>Address: Vadodara-Godhra Highway Kalol, Dist Panchmahals Kalol Gujarat : 389330 <BR>Tel: 91-02676-238811 <BR>Email: investor.relations@setcoauto.com <BR>Website: http://www.setcoauto.com

How has been the historical performance of Setco Automotive?

Setco Automotive's net sales increased to 718.63 Cr in Mar'25, but the company reported a profit after tax of -126.33 Cr, despite improved operating profit margins of 15.19%. Total liabilities rose to 1,115.56 Cr, while cash flow from operations improved to 89.00 Cr.

Answer:<BR>Setco Automotive has shown a fluctuating financial performance over the years, with net sales increasing from 359.26 Cr in Mar'21 to 718.63 Cr in Mar'25. However, the company has faced significant challenges, as evidenced by its consistent losses, with a profit after tax of -126.33 Cr in Mar'25, improving slightly from -135.14 Cr in Mar'24. The operating profit margin has improved to 15.19% in Mar'25 from -3.65% in Mar'22, indicating a recovery in operational efficiency. Despite this, the gross profit margin remains negative at -13.51% in Mar'25. The company's total liabilities have increased to 1,115.56 Cr in Mar'25, up from 339.44 Cr in Mar'20, reflecting a growing debt burden. Cash flow from operating activities has also improved, reaching 89.00 Cr in Mar'25, compared to -126.00 Cr in Mar'22.<BR><BR>Breakdown:<BR>Setco Automotive's financial trajectory reveals a significant increase in net sales, which rose to 718.63 Cr in Mar'25 from 359.26 Cr in Mar'21, illustrating a strong revenue growth trend. However, the company continues to report substantial losses, with a profit after tax of -126.33 Cr in Mar'25, although this is an improvement from -135.14 Cr in the previous year. The operating profit margin has shown a positive shift, reaching 15.19% in Mar'25, a notable recovery from the negative margins seen in earlier years. Despite these operational improvements, the gross profit margin remains negative at -13.51%, indicating ongoing challenges in cost management. The total liabilities have escalated to 1,115.56 Cr, reflecting a significant increase in debt, while cash flow from operating activities has improved to 89.00 Cr, suggesting a better cash generation capability in the latest fiscal year.

Are Setco Automotive latest results good or bad?

Setco Automotive's latest results are concerning, showing a net loss of ₹26.65 crores and ongoing financial distress despite a year-on-year sales growth of 11.99%. The company has been loss-making for seven years, with significant debt and solvency issues.

Setco Automotive's latest results indicate a challenging financial situation. The company reported a consolidated net loss of ₹26.65 crores, which is a significant decline of 23.68% compared to the previous quarter. While net sales showed a positive year-on-year growth of 11.99%, reaching ₹179.01 crores, this growth is overshadowed by the company's ongoing financial distress.<BR><BR>The operating margin improved slightly to 13.54%, reflecting better cost management, but this is not enough to offset the heavy interest burden, which amounted to ₹61.05 crores—more than 2.5 times the operating profit. The company has been loss-making for seven consecutive years, and its long-term debt of ₹1,072.37 crores against negative shareholder equity of ₹693.82 crores raises serious solvency concerns.<BR><BR>Overall, while there are some operational improvements, the financial metrics suggest that Setco Automotive is in a precarious position, making the latest results more indicative of distress rather than success.

Who are the top shareholders of the Setco Automotive?

The top shareholders of Setco Automotive include Setco Engineering Private Limited with 47.89%, individual investors with 33.76%, and a foreign institutional investor with 0.07%. Notably, about 94.59% of the promoter holdings are pledged.

The top shareholders of Setco Automotive primarily consist of promoters, with Setco Engineering Private Limited holding the largest share at 47.89%. Additionally, individual investors collectively hold 33.76% of the shares. There is one foreign institutional investor (FII) with a minimal stake of 0.07%, and no mutual funds currently hold shares in the company. It's noteworthy that a significant portion of the promoter holdings, approximately 94.59%, is pledged.

Is Setco Automotive overvalued or undervalued?

As of April 25, 2023, Setco Automotive is considered overvalued and risky due to its negative PE ratio of -2.30 and unfavorable financial metrics compared to peers, despite a strong 1-year stock return of 75.61%.

As of 25 April 2023, the valuation grade for Setco Automotive has moved from does not qualify to risky, indicating a significant change in its perceived financial health. The company is currently overvalued based on its negative PE ratio of -2.30 and price to book value of -0.35, which suggest underlying issues with profitability and asset valuation. Additionally, the EV to EBITDA ratio stands at 12.24, which, while not excessively high, does not compensate for the negative earnings indicators.<BR><BR>In comparison to its peers, Setco Automotive's valuation appears unfavorable. For instance, Samvardhana Motherson has a PE ratio of 29.14 and an EV to EBITDA of 11.53, reflecting a more robust financial position. Other peers like Bosch and Uno Minda are categorized as expensive, with PE ratios of 46.21 and 66.72, respectively. Despite a strong 1-year stock return of 75.61%, the overall financial metrics and peer comparisons suggest that Setco Automotive is overvalued in the current market context.

What is the technical trend for Setco Automotive?

As of June 2, 2025, Setco Automotive's trend is mildly bullish, supported by daily moving averages, despite mixed signals from the weekly MACD and Bollinger Bands indicating caution.

As of 2 June 2025, the technical trend for Setco Automotive has changed from bullish to mildly bullish. The weekly MACD indicates a mildly bearish stance, while the monthly MACD remains bullish. The daily moving averages are mildly bullish, supporting the overall mildly bullish trend. However, the weekly Bollinger Bands are bearish, which adds some caution. The KST shows a mildly bearish signal on the weekly chart but is bullish on the monthly. Overall, the strength of the trend is moderate, influenced by mixed signals across different time frames.

When is the next results date for Setco Automotive?

No Upcoming Board Meetings

What is the bonus history of the Setco Automotive?

Setco Automotive has issued bonuses twice: a 1:2 bonus on August 14, 2012, and a 1:1 bonus on August 5, 2010, reflecting the company's commitment to rewarding shareholders.

Setco Automotive has a history of bonus issues that includes two notable instances. The most recent bonus was a 1:2 bonus issue announced with an ex-date of August 14, 2012, and a record date of August 17, 2012. Prior to that, the company issued a 1:1 bonus with an ex-date of August 5, 2010, and a record date of August 9, 2010. This indicates a commitment to rewarding shareholders through bonus shares in the past.

Has Setco Automotive declared dividend?

Setco Automotive Ltd has declared a 50% dividend, amounting to ₹1 per share, with an ex-date of September 19, 2019. However, the dividend yield is 0%, indicating that returns are primarily from price appreciation, with significant total returns of 72.34% over the past year and 143.05% over the past two years.

Setco Automotive Ltd has declared a 50% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 50%<BR>- Amount per share: 1 per share<BR>- Ex-date: 19 Sep 19<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 31.94%, with a dividend return of 0%, resulting in a total return of 31.94%.<BR><BR>For the 1-year period, the price return was 72.34%, with a dividend return of 0%, leading to a total return of 72.34%.<BR><BR>Over the 2-year period, the price return was 143.05%, with a dividend return of 0%, yielding a total return of 143.05%.<BR><BR>In the 3-year period, the price return was 28.46%, with a dividend return of 0%, resulting in a total return of 28.46%.<BR><BR>For the 4-year period, the price return was -10.17%, with a dividend return of 0%, leading to a total return of -10.17%.<BR><BR>In the 5-year period, the price return was 59.95%, with a dividend return of 0%, yielding a total return of 59.95%.<BR><BR>Overall, Setco Automotive has declared a dividend, but the dividend yield remains at 0%, indicating that the returns are primarily driven by price appreciation rather than dividend income. The total returns over various periods show significant price growth, particularly in the 1 and 2-year periods.