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Setco Automotive Ltd (SETCO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 505075 NSE: SETCO Auto Ancillary | Small Cap | Setco Automotive Share Price

₹17 0.14 (0.83%)

As on 24-Jun'26 16:59

Setco Automotive Ltd (SETCO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 505075 NSE: SETCO Auto Ancillary | Small Cap | Setco Automotive Share Price

₹17 0.14 (0.83%)

As on 24-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹226 Cr.
Current Price
₹17
52-Week Low / High
₹12 / 29
TTM EPS
₹0
TTM Sales
₹1.1 Cr.
Book Value per Share
₹5.6
P/E Ratio
563.83
Higher than its 3-year historical median
Industry PE
44.9
Price to Book (P/B)
3.00
Higher than its 5-year historical median
Price to Sales (P/S)
197.83
Higher than its 5-year historical median
EV/EBITDA
566.35
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
-1.75%
Underperforms industry median
Return on Capital Employed (ROCE)
-2.22%
Underperforms industry median
Return on Assets (ROA)
-0.87%
Operating Profit Margin
-417.7%
Net Profit Margin
-113.75%
Gross Profit Margin
-306.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
-0.87%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-750%
Asset Quality
Promoter Holding
59.25%
Pledged shares (%) of Promoter's holding (%)
94.59%
Reserves
₹48 Cr.
Equity
₹26.8 Cr.
Face Value
₹2
All Time Low / High
₹0.75 / 74.15

Setco Automotive stock performance

Key Ratios
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Quality

Somewhat Good

Valuation

Somewhat Overvalued

Price Trend

Weak
Q.1 Is Setco Automotive Ltd a good quality company?
Setco Automotive Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Setco Automotive Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Setco Automotive Ltd vs industry peers?
Setco Automotive Ltd revenue CAGR is -69.30%, compared to the industry median CAGR of 11.89%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Setco Automotive Ltd?
Promoters hold 59.25% of the Setco Automotive Ltd, with 94.59% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of Setco Automotive Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -2.2% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Setco Automotive Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 17.7%12.1%13.8%17.8%4.2%-10%-21.1%1%0.3%-2.2%-
Value Creation
Index
0.3-0.10.00.3-0.7-1.7-2.5-0.9-1.0-1.2-

Growth Parameters

Sales 5315375136134183142371.11.21.11
Sales YoY Gr.-1.1%-4.3%19.5%-31.8%-24.9%-24.5%-99.5%0.9%-0.9%-
Adj EPS 2.41.622.6-0.2-5-4.8-0.6-0-0.10
YoY Gr.--33.1%24.7%34%-107.6%NANANANANA-
BVPS (₹) 14.51718.419.617.39.46.35.65.65.55.6
Adj Net
Profit
31.621.126.335.3-2.7-66.8-64.7-8.6-0.1-1.70
Cash Flow from Ops. 66.550.362.776.858.126-1.92.3-0.7-0-
Debt/CF from Ops. 3.55.23.834.713-3729.6-93.9-1660.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -49.5%-69.3%-83.1%-0.9%
Adj EPS -172.5%NANANA
BVPS-10.2%-20.4%-4.1%-1.8%
Share Price -9.5% -6% 34.4% -1.4%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
159.411.113.9-1.1-37.4-61.7-10.8-0.1-2.30.5
Op. Profit
Mgn %
13.812.81114.99.72.927.88.3-1.4-417.7-129.8
Net Profit
Mgn %
63.95.15.8-0.7-21.3-27.3-751.5-7.2-149.235.2
Debt to
Equity
1.21.110.91.22.70.80.90.90.9-
Working Cap
Days
18018916815723427421320,13814,2328,1221,091
Cash Conv.
Cycle
65654837264-82-11,020-12,34061923

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales531537513613418314237111
Operating Expenses + 458472457522378305171116
Manufacturing Costs3229323628197000
Material Costs288292308362245205121000
Employee Cost 45464657524421104
Other Costs 931047267533622012
Operating Profit 7365569140966-0-0-5
Operating Profit Margin (%) 13.8%12.1%11.0%14.9%9.7%2.9%27.8%-20.4%-1.4%-417.0%
Other Income + 13729152058212
Exceptional Items 0000-20-41-1290-00
Interest 31313134404825000
Depreciation 15171819192210000
Profit Before Tax 41243653-19-96-9010-4
Tax 76717-4-2-1100-2
Profit After Tax 33182936-15-94-89-90-1
PAT Margin (%) 6.3%3.4%5.6%5.9%-3.6%-30.0%-37.7%-771.0%17.4%-113.0%
Adjusted EPS (₹)2.51.42.22.7-1.1-7.0-6.7-0.70.0-0.1
Dividend Payout Ratio (%)32%47.40%37.10%36.90%0%0%0%0%0%0%

Valuation of Setco Automotive - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 22122824626223112684757574
Share Capital 27272727272727272727
Reserves 1952012192352059957484847
Debt +20622720819824228870696970
Long Term Debt64563913747870696970
Short Term Debt1431711681841682100000
Minority Interest0000000000
Trade Payables8785102117141109413940
Others Liabilities 644059736581-8332
Total Liabilities 579579615650679604187185152146

Fixed Assets

Net Fixed Assets +1451441441381431410000
Gross Block2281621811932172370000
Accumulated Depreciation8318365574960000
CWIP 131715142260000
Investments 111129132140169190122122122122
Inventories788195122117840000
Trade Receivables12612914112583614111
Cash Equivalents 1738431211
Others Assets 104738410314112061612722
Total Assets 579579615650679604187185152146

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 675063775826-22-1-0
PBT 41243653-19-96-17110-4
Adjustment 2741323460105155-121-1
Changes in Working Capital -1-15-5-101818171614
Tax Paid -0-0-0-0-1-1-3-3-30
Cash Flow From Investing Activity + -48-27-6-12-62-42-82000
Capex -29-20-16-12-32-4-61000
Net Investments -29-15-3-9-44-40-22000
Others 1071391421000
Cash Flow From Financing Activity + -23-17-61-60-01587-21-0
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -31-31-31-34-40-48-25-0-0-0
Dividend Paid -13-13-10-13-1600000
Others 2026-19-135563112-210
Net Cash Flow -56-55-4-131-0-0

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)18.248.6912.1714.26-6.15-52.63-85.26-11.110.27-1.75
ROCE (%)17.6512.1213.7817.834.2-9.95-21.071.010.34-2.22
Asset Turnover Ratio1.060.981.091.240.810.630.710.010.010.01
PAT to CFO Conversion(x)2.032.782.172.14N/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days69.1081.6075.4062.2070.3064.9041.70701.70256262.60
Inventory Days4951.1049.1050.8081.20910000
Payable Days82.40107.10111.10110.60192.60222226.40000

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *94.5994.5994.5994.5994.5994.5994.5994.5994.5994.59
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Setco Automotive Ltd FAQs

The current trading price of Setco Automotive on 24-Jun-2026 16:59 is ₹17.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 23-Jun-2026 the market cap of Setco Automotive stood at ₹225.5 Cr

The latest P/E ratio of Setco Automotive as of 23-Jun-2026 is 563.8.

The latest P/B ratio of Setco Automotive as of 23-Jun-2026 is 3.00.

The 52-week high of Setco Automotive is ₹28.69 and the 52-week low is ₹11.75.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Setco Automotive is ₹1.14 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Setco Automotive Ltd is a average quality company.

The key valuation ratios of Setco Automotive Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Setco Automotive Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Setco Automotive Ltd

Setco Automotive (Setco), established in 1982, is a leading manufacturer of clutches and clutch components, catering primarily to commercial vehicles. With a strong focus on innovation, quality, and customer satisfaction, Setco delivers reliable products that meet global standards. Backed by advanced manufacturing capabilities and a skilled workforce, the company has a robust presence in both domestic and international markets. Setco is committed to sustainable growth, driving value for stakeholders through continuous improvement and strategic expansion.

Business area of the company

The company is engaged in manufacturing and trading of clutches and other automotive component.

Products

  • Brake Disc
  • Brake Lining
  • Clutch
  • Center Support Bearing
  • Clutch Release Bearing
  • Coolant
  • Flywheel
  • Universal Joint Cross
  • Water Pump
  • Load Cushion
  • Torque Rod Bush

Milestones

  • 2009-11: Forayed into new global markets - Central Asia, Mena region, Africa, Latin America & South Asia started vertical integration set up R&D set up SOA press shop.
  • 2013-14: Launch of clutches to cater aftermarket segment.
  • 2014-15: Setting up of diaphragm spring manufacturing facility launched foundry (Lava Cast Pvt. Ltd.) Under JV arrangement.
  • 2016-17: Supply of new clutch cover assembly to OEMs commencement of commercial operations of LAVA Cast.
  • 2017-18: Launch of clutches for farm equipment (tractor) segment and American market.
  • 2018-19: BS-VI approvals from all OEM partners on target.
  • 2019-22: Foray into farm tractor segment and BS VI clutches Accomplishment of fundraising activity.
  • 2023-24: Launched new range of Setco allied products such as Flywheels, Bearings, Brakes, Lubricants & Oil and many more Increase in offerings in farm equipment for aftermarket.
  • 2024-25: Successfully launched new products including Clutch Release Bearings, Central Support Bearings Tractor clutches supplies started in Q4FY25 Launched Automotive Water Pump and Load Cushion & torque Rod Bush.


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