SETCOConsumer Discretionary

Setco Automotive Limited

Auto Components & Equipments · ISIN INE878E01021 · BSE 505075 · NSE EQ · FV ₹2
Last price
₹16
+2.47%today
What this company does

Setco Automotive Limited operates in Auto Components & Equipments, part of the Consumer Discretionary sector. It booked ₹53 cr of revenue in its latest quarter (Q1 FY27) and kept 384.9% of sales as profit.

In the report:
77out of 100
Equitytale Health Score
Solid

Healthier than 77% of companies in Consumer Discretionary, on the 5 of 6 measures we could read for it. Each measure is ranked against the 69–428 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
40

At close. Not part of the score.

Profitability & returns99

How much profit it earns on the money it employs · highest in its sector on what we could measure

Balance sheet67

How much it owes, and whether earnings cover the interest

Cash quality75

Whether reported profit actually arrives as cash

Growth & consistency61

Whether sales and profit have grown, and how steadily

Governance & risk65

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: valuation. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Strong 385% net margin
✓ Promoters hold 59%
✓ Turns profit into real cash
Watch-outs
! Sales down 70% vs last year
! 30.1% of promoter stake pledged

What if I invest in SETCO?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹16▲ +2.47%
latest close · 2026-11-03
1-year return
-20.1%
52-wk low ₹1252-wk high ₹20
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio0.3Low
LowAverageHigh
EV / EBITDA1.5Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Net margin384.9%Strong
ThinDecentStrong
EBITDA margin393.6%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Interest cover113.2×Strong
RiskyOkayStrong ▸5×
Current ratio0.22Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹211 cr
Book value
₹-53
EPS
₹15.24
latest quarter
Net debt
₹1,030 cr
owes more than its cash
Enterprise value
₹1,241 cr
EBITDA
₹833 cr
annualised
EBIT
₹824 cr
annualised
Operating margin
389.4%
Return on assets
152.4%
Earnings yield
387.29%
P/S
0.99
Sales / share
₹15.8
Tax rate
0.0%
Face value
₹2
Shares
13.4 cr
Working capital
₹-882 cr
Current assets
₹244 cr
Current liabilities
₹1,126 cr
Delivery %
72.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-03.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The company's latest annual profit was negative, so we won't call it cheap off older profits.
Models span ₹66–₹66, midpoint ₹66

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹53 cr
Other Income₹218 cr
Total Income₹271 cr
Cost of Materials₹28 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-15 L
Employee Benefit Expense₹19 cr
Finance Costs₹2 cr
Depreciation & Amortisation₹2 cr
Other Expenses₹18 cr
Total Expenses₹69 cr
Exceptional Items₹2 cr
Profit before Tax₹204 cr
Tax Expense₹0 cr
Net Profit₹203 cr
Net margin on total income75.0%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹28 cr10.2%
Employee benefit expense₹19 cr7.2%
Finance costs₹2 cr0.7%
Depreciation & amortisation₹2 cr0.8%
Other expenses₹18 cr6.5%
Profit for the period₹203 cr74.7%
Total income ₹271 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue197 cr251 cr53 cr
Total income197 cr259 cr271 cr
Expenses236 cr111 cr69 cr
Profit before tax-39 cr137 cr204 cr
Tax18 cr81 L0 cr
Net profit (owners' share)-51 cr136 cr204 cr
Net margin (owners' share, on revenue)-25.8%54.4%384.9%
EPS (₹)-3.798.9315.24
YoY (latest quarter): total income +50.5% · net profit —
Balance sheet & cash flow · as of Mar 2026
Total assets
₹534 cr
Shareholder equity
₹-708 cr
parent shareholders
Total debt
₹1,070 cr
Cash
₹40 cr
Cash flow · H1 FY25
Operating
₹40 cr
Investing
₹-3 cr
Financing
₹-31 cr
Peer comparison
Auto Components & Equipments · by market value
CompanyPriceMarket capP/E
Samvardhana Motherson International Limited₹160₹1.69 L cr40.8
Bosch Limited₹49,645₹1.46 L cr51.8
Bharat Forge Limited₹1,777₹84,979 cr—
UNO Minda Limited₹1,125₹64,934 cr54.9
Sona BLW Precision Forgings Limited₹900₹56,172 cr62.8
Schaeffler India Limited₹3,525₹55,091 cr39.5
Tube Investments of India Limited₹2,190₹42,398 cr62.9
Endurance Technologies Limited₹2,410₹33,898 cr34.7
Exide Industries Limited₹346₹29,431 cr21.0
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
82.59%
trailing 12 months
Dividend / share (TTM)
₹13
Last dividend
₹13
ex 2 Jun 2026
ActionDetailEx-date
Dividend₹13 / share2 Jun 2026
Dividend₹1 / share19 Sep 2019
Dividend₹0.8 / share19 Sep 2018
Dividend₹0.65 / share18 Sep 2017
Dividend₹0.8 / share20 Sep 2016
Stock splitStock Split From Rs.10/- to Rs.2/-16 Dec 2015
Who owns it · 2026-09-30
⚑ 30.1% pledged
Promoter
59.3%
FII / Foreign
—
DII / Domestic
0.0%
Retail / others
40.8%
Smart-money activity
Insider trades
BoughtSNEHA SHETH · Promoter Group2,400 · ₹36,90017 Feb 21
BoughtSNEHA SHETH · Promoter Group1.32 L · ₹19.6 L16 Feb 21
SoldKhushpreet Bajwa Gujral · Immediate relative31,90810 Dec 20
Bulk / block deals
SoldSHUBHAM FINANCIAL SERVICES · NSE8.00 L @ ₹17.887 Mar 25
BoughtSHUBHAM FINANCIAL SERVICES · NSE8.20 L @ ₹14.844 Jul 24
SoldSETCO ENGINEERING PRIVATE LIMITED · NSE7.00 L @ ₹30.5531 Jan 19
Stake changes
BothVistra ITCL (India) Limited→ 56.06% · 21.80 L3 Feb 22
BoughtVistra ITCL (India) Limited→ 57.62% · 82.50 L3 Dec 21
BoughtVistra ITCL (India) Limited→ 51.45% · 27.50 L26 Oct 21
Promoter pledges
ReleasedIndia Resurgence Fund Scheme 1 and India Resurgence Fund Scheme 2, managed by India Resurgence Asset Management Business Private Limited NCDs Holders/Lender Vistra ITCL (India) Limited Debenture Trustee81,575 · 0.06% held9 Jul 26
ReleasedIndia Reurgen Fund -Scheme -150,000 · 16.21% held3 Jul 26
ReleasedIndia Reurgene FUnd Scheme-11.55 L · 0.12% held3 Jul 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Sep 2026
See the official result
1
To receive, consider and adopt; (a) The audited standalone annual financial statements of the Company for the financial year ended March 31, 2026 together with the Reports of Board of Directors and Auditors thereon; and (b) The audited consolidated annual financial statements of the Company for the financial year ended March 31, 2026 and together with the Report of Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
5.14 L votes for, 38 against
2
To appoint a director in place of Mrs. Urja Shah (DIN: 02675341), who retires by rotation and being eligible, offers herself for re-appointment
Backed by 100% of shareholders other than promotersneeded 50%
5.13 L votes for, 690 against
3
Re-appointment and remuneration of Mr. Harish Kiritbhai Sheth (DIN: 01434459) as Chairman and Managing Director of the Company
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
5.13 L votes for, 690 against
4
Re-appointment and remuneration of Mr. Udit Harish Sheth (DIN: 00187221) as Vice Chairman and Executive Director of the Company
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
5.13 L votes for, 690 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 59.3% between them · as of 2026-09-30
Setco Engineering Pvt Ltd47.89%
Urja Harshal Shah3.20%
Sneha Harish Sheth2.64%
Harish Kiritbhai Sheth2.17%
Udit Harish Sheth2.07%
Transstadia Enterprises Private Limited1.23%
Harish Kiritbhai Sheth - HUF0.05%
Business done with them
FY2025 · 3 of the group
The company paid ₹99 cr to companies in the promoter group last year — about 13.8% of its ₹719 cr revenue.
Setco Engineering Private Limited
Contribution made to them · Investments, Account payable and marketing commission
also owns 47.89% of the company
₹95 cr
company paid
Setco Engineering Private Limited
Other payments to them · Investments, Account payable and marketing commission
also owns 47.89% of the company
₹3 cr
company paid
UDIT HARISH SHETH
Other payments to them · Remuneration paid
also owns 2.07% of the company
₹2 cr
company paid
HARISH KIRITBHAI SHETH
Other payments to them · Remuneration paid
also owns 2.17% of the company
₹40 L
company paid

The company also transacted with 5 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.