Setco Automotive
- Market cap
- ₹ 206 Cr.
- P/E
- 1.8x
- 52-week range
- 11.56 – 28.62
- ROCE
- 21%
- Dividend yield
- 79.1%
- Sector
- Auto Components
- Industry
- Auto Components & Equipments
- Listed on
- NSE, BSE
About
Setco Automotive Limited is an India-based company, which is engaged in manufacturing and trading of clutches and other automotive components. The Company operates through a single segment, which is Auto Components. Its products include clutch products & systems, and hydraulics (pressure converters). Its product range includes BS VI medium & heavy commercial vehicle (MHCV) clutch, farm tractor clutch and light commercial vehicle (LCV) clutch. The Company's LCV clutch range includes 170mm single diaphragm spring and 330mm Dia single coil clutch. In the North America market, its products include 15.5/395mm angular spring twin clutch, and off-highway, construction hydraulics (pressure converters). The Company’s aftermarket business comprises two segments: sales of clutch assemblies and service kits through the service and spare sales network of original equipment spares (OES) and sales to the independent aftermarket (IAM) network of distributors/dealers and local garages under LIPE brand.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Auto Components & Equipments: 155 companies →Setco Automotive against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)1.8 against a typical 27.4: cheaper than most peers (1st = cheapest).2nd of 153
- Sales growth+12.8% against a typical +20.7% from a year earlier.105th of 142
- Share price, 3 months−0.5% against a typical −4.4%.58th of 142
- Size₹ 205.9 Cr. market value against a typical ₹ 728 Cr. (1st = largest).98th of 138
Latest announcements
Exchange filings and their impact on the company.
- 23 Oct 2026Outcome of Board MeetingHigh impactVery positiveRs 215 cr SASPL stake sale turns Setco hugely profitable and funds a Rs 13 dividend with more proceeds to come.
Setco reported June quarter results with a huge profit after completing the first sale of a 41% stake in Setco Auto Systems to RSB for about Rs 215 crore. It has received Rs 207.6 crore in May and Rs 7.4 crore in July, with up to Rs 71 crore deferred plus up to Rs 255 crore for the remaining 24% by August 2027, plus non-compete and other fees. The board also approved merging Lava Cast into Setco, simplifying overseas subsidiaries, and had paid a Rs 13 interim dividend in June.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 23 Oct 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 31 Aug 2026 | Financial Results/Other business matters | SETCO : 31-Aug-2026 : The Company has informed the Exchange that a Board meeting to be held on August 29, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on August 31, 2026, , To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 29 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 13 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 14 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 12 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 146 | 165 | 177 | 163 | 160 | 180 | 211 | 47 | 179 | 197 | 53 | 53 |
| Expenses | 134 | 140 | 155 | 143 | 140 | 150 | 170 | 47 | 155 | 168 | 58 | 65 |
| Operating Profit | 12 | 25 | 22 | 19 | 20 | 29 | 41 | 0 | 24 | 29 | −5 | −12 |
| OPM % | 8% | 15% | 12% | 12% | 12% | 16% | 19% | 0% | 14% | 15% | −10% | −23% |
| Other Income | 1 | 1 | −2 | 1 | 6 | 2 | 3 | −38 | 2 | 1 | 150 | 219 |
| Interest | 45 | 47 | 46 | 49 | 52 | 57 | 58 | 2 | 61 | 62 | 6 | 2 |
| Depreciation | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 3 | 7 | 6 | 4 | 2 |
| Profit before tax | −41 | −29 | −34 | −37 | −35 | −34 | −22 | −44 | −41 | −39 | 136 | 203 |
| Tax % | 0% | 0% | −18% | −6% | 0% | 0% | −3% | −4% | 0% | 47% | 0% | 0% |
| Net Profit | −41 | −29 | −28 | −35 | −35 | −34 | −22 | −42 | −41 | −57 | 136 | 203 |
| EPS in Rs | −2.54 | −1.81 | −1.76 | −2.19 | −2.16 | −2.15 | −1.37 | −2.61 | −1.99 | −3.79 | 8.93 | 15.22 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 3%
- 5 Years
- 17%
- 3 Years
- 13%
- TTM
- −19%
- 10 Years
- —
- 5 Years
- 15%
- 3 Years
- 26%
- TTM
- 252%
- 10 Years
- −10%
- 5 Years
- −3%
- 3 Years
- 28%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
Peers
Listed companies in the same business.
| Setco Automotive | ₹ 17.85 | ₹ 206 Cr. | 1.8x | — | — | — |
| Cummins India | ₹ 4,338.90 | ₹ 1,20,274 Cr. | 63x | 18x | 29.5% | 19.5% |
| Samvardhana Motherson International | ₹ 151.00 | ₹ 1,59,367 Cr. | 34.9x | 3.7x | 10.2% | 3.2% |
| Bosch | ₹ 44,045.85 | ₹ 1,29,918 Cr. | 51.4x | 8.1x | 19.4% | 13.8% |
| UNO Minda | ₹ 1,052.00 | ₹ 60,749 Cr. | 54.8x | 9.8x | 19.1% | 6.5% |
| Sona Blw Precision Forgings | ₹ 752.80 | ₹ 46,984 Cr. | 65.5x | 7.4x | 11.2% | 14.1% |
Management
- Harish Kiritbhai Sheth
- Executive Chairman of the Board, Founder, Managing Director
- Udit Harish Sheth
- Executive Vice Chairman of the Board
- Anurag Jain
- Chief Financial Officer
- Aditi Pai
- Compliance Officer, Company Secretary
- Urja Harshal Shah
- Whole-Time Director
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