About Setco
Setco is an Industrial Goods & Manufacturing company based in Hebron (United States) founded in 2005. It specializes in precision spindle repair, slide rebuild, and milling head services. It operates on a B2B model. The company has 257 employees. Its website setco.com draws about 12 thousand monthly visits. Its Indian entity Setco Spindles India Private Limited reported revenue of ₹45.72 Cr. Its focus areas include Manufacturing, Industrial Services, Machinery Repair and Spindle and Slide Rebuild.
Company details
Setco, established in 2005, excels in producing manufactured goods, industrial services, machinery repair, and spindle and slide rebuild. Specializes in precision spindle repair, slide rebuild, and milling head services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Hebron, United States
- Employees 257
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website setco.com
- Social LinkedIn YouTube
- Legal Name Setco Spindles India Private Limited
- Date of Incorporation 28 Aug, 2002
- Jurisdiction Pune, Maharashtra, India
- Indian entity revenue₹45.72 Cr
FY 2026 · +16% YoY
- Indian entity net loss-₹84.3 Lakh
FY 2026 · -2% margin
- Indian entity EBITDA₹2.24 Cr
FY 2026 · 5% margin
- Employee Count257
Associated legal entities of Setco
Setco operates through Setco Spindles India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Setco Spindles India Private Limited CIN U29299PN2002PTC017250 | Active | 28 Aug 2002 | Pune, Maharashtra | ₹45.7 Cr | 105 | 7 | View details |
Apps and channels of Setco
its YouTube channel Setco Corporation has 9.63K subscribers and 14 videos.
Videos from Setco
The most watched videos on Setco's YouTube channel, Setco Corporation (9.63K subscribers). Click a video to play it here.
More on Setco Corporation.
Board of directors of Setco Spindles India Private Limited (Setco)
Setco Spindles India Private Limited is the primary company behind Setco. The board of Setco Spindles India Private Limited currently have 7 directors; the longest-serving is Rajesh Bhaskar Mandlik, appointed in 2002. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajesh Bhaskar Mandlik DIN 00409711 | Managing Director | 28 Aug 2002 | 24 yrs 2 mo | Setco Spindles India Private Limited |
| Pradeep Devkaran Waghela DIN 00409914 | Managing Director | 28 Aug 2002 | 24 yrs 2 mo | Setco Spindles India Private Limited |
| James Thomas Broz DIN 07860304 | Director | 14 Sep 2017 | 9 yrs 1 mo | Setco Spindles India Private Limited |
| Michael Andrew Meade DIN 08541044 | Director | 20 Aug 2019 | 7 yrs 2 mo | Setco Spindles India Private Limited |
| Scott Christopher Bubenhofer DIN 09324511 | Director | 18 Sep 2021 | 5 yrs 1 mo | Setco Spindles India Private Limited |
| Brian Patrick Schloemer DIN 10806377 | Director | 11 Oct 2024 | 2 yrs 1 mo | Setco Spindles India Private Limited |
| Kiran Bhaskar Bhandare DIN 10806378 | Director | 11 Oct 2024 | 2 yrs 1 mo | Setco Spindles India Private Limited |
People of Setco
15 people are tracked at Setco (6 in leadership, 9 in team); the tracked headcount is 257.
| Name | Role | Group |
|---|---|---|
Steve McGuinness | Owner | Leadership |
Jim Broz | President | Leadership |
Rolando Cervera | President, Mexico | Leadership |
Sunny Hsu | General Manager, Taichung Taiwan | Leadership |
Jason Chen | Director, Sales & Service, Taichung Taiwan | Leadership |
Tom Hogan | Director, Automotive Sales & Mexico | Leadership |
Jacky Yang | Service Manager | Team |
Dhiraj Mishra | Assistant Manager, Technical Sales, Pune India | Team |
Pranav Deshpande | Assistant Manager, Technical Sales, Pune India | Team |
Kevin Ge | Sales Manager, New Products | Team |
Anil Gowda | Senior Technical Sales Engineer, Karnataka & Hosur | Team |
B. Karthick | Assistant Manager Operations | Team |
Scott Yenchik | Regional Sales & Reliability Manager | Team |
Yogesh Patil | Assistant Manager, Technical Sales, Pune India | Team |
Madhan Kumar | Technical Sales Engineer, Chennai | Team |
Complete people profiles for Setco
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Financials of Setco
Figures of Setco Spindles India Private Limited, the primary company behind Setco, for FY 2026. Revenue was ₹45.72 Cr (+16% year on year). Net loss was -₹84.3 Lakh (-2% margin). EBITDA was ₹2.24 Cr (5% margin). Revenue has grown at a compounded annual rate of +10% over three years and +20% over five years.
- ₹45.72 CrRevenue · FY 2026 · +16% YoY
- -₹84.3 LakhNet loss · -2% margin
- ₹2.24 CrEBITDA · 5% margin
- ₹7 LakhPaid-up capital
- 105Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- +20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Setco Spindles India Private Limited are on its company page.
Detailed financial statements for Setco
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Web traffic of Setco
The website of Setco (setco.com) receives about 12.3K visits a month.
- Monthly visits12.3K
▲ 38.9% vs previous month
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|---|---|---|---|---|---|---|
Gas equipment manufacturing, repair, and engineering services are provided. | 1859 | Canton, Ohio, United States | USD 4.16 B | 11,930 | ||
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Related news about Setco
Complete news archive for Setco
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Frequently Asked Questions about Setco
Setco was founded in 2005.
Setco is headquartered in Hebron, United States. It is registered at Hebron, Connecticut, United States.
Setco has 257 employees.
The primary company behind Setco, Setco Spindles India Private Limited, reported revenue of ₹45.72 Cr for FY 2026, up 16% year on year.
Setco, established in 2005, excels in producing manufactured goods, industrial services, machinery repair, and spindle and slide rebuild. Specializes in precision spindle repair, slide rebuild, and milling head services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Setco operates through Setco Spindles India Private Limited.
The legal entities of Setco currently have 7 directors, including Rajesh Bhaskar Mandlik, Pradeep Devkaran Waghela, Michael Andrew Meade and others.