About Setco Auto Systems Private Limited
Data last updated:
Setco Auto Systems Private Limited is a private limited company based in Kalol, Gujarat, India, a subsidiary of Setco Automotive Limited. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 30 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U35100GJ2010PTC062770. Its GSTIN is 24AADCT6512A1ZX (Gujarat). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹7.1 Cr and a paid-up capital of ₹87.38 Lakh. It was formerly known as Transstadia Sport Sciences Private Limited. It is led by directors including Harish Sheth Kiritbhai (Managing Director) and Udit Harish Sheth (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Baroda Godhra Highway Kalol (Panchmahal), Gujarat, India – 389330.
As per the financials filed for FY 2025, the company reported a revenue of ₹662.56 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹111.79 Cr (net margin -16.9%) and EBITDA of ₹111.29 Cr (EBITDA margin 16.8%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years.
The company has about 859 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Setco Auto Systems. As per MCA filings, the company has open charges of ₹585 Cr on record. Court records list 11 cases involving the company, including 11 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website setcoauto.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressBaroda Godhra Highway Kalol (Panchmahal), Gujarat, India – 389330
- IndustryAutomotive, Auto Parts & Components
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
CIN History of Setco Auto Systems Private Limited
Setco Auto Systems has one previous CIN (Corporate Identification Number): U85110GJ2010PTC062770. The current CIN is U35100GJ2010PTC062770, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35100GJ2010PTC062770 | Current |
| U85110GJ2010PTC062770 | Previous |
Associated Brands with Setco Auto Systems Private Limited
Setco Auto Systems operates one associated brand: Setco Auto Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Clutch components and flywheels for commercial vehicles are manufactured. | setcoauto.com |
Competitors & Alternatives of Setco Auto Systems Private Limited
Brands and companies operating in the same space as Setco Auto Systems Private Limited include Happy Forgings, Gates, Dana and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Happy Forgings | Drive transmission components are manufactured and supplied. | Ludhiana, India | 1973 |
 Gates | Transmission components are manufactured and supplied to the aftermarket. | Denver, United States | 1911 |
 Dana | Driveline technologies and components for electrified light vehicles are supplied. | Maumee, United States | 1904 |
 Ricardo | Drive transmission components are manufactured and supplied to OEMs. | 1915 | |
 Divgi TorqTransfer Systems | Automotive transmission systems are manufactured and supplied to OEMs. | Pune, India | 1995 |
 New Motion Labs | Automotive transmission systems are manufactured by New Motion Labs. | London, United Kingdom | 2019 |
 Imperial Auto | Manufacturer and assembler of fluid transmission products and high & low pressure hose assemblies | Faridabad, India | 1969 |
 Cloyes | Timing drive systems and gear parts for automobile manufacturers | Fort Smith, United States | 1921 |
Business Activity of Setco Auto Systems Private Limited
The main business activity of Setco Auto Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Setco Auto Systems Private Limited
Setco Auto Systems Private Limited is audited by SHARP & TANNAN ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHARP & TANNAN ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Setco Auto Systems Private Limited
Setco Auto Systems has 6 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shitij Ramesh Kale Also directs: Shree Digvijay Cement Co Limited, Synthimed Labs Private Limited, Drt-Anthea Aroma Chemicals Private Limited and 2 more | Nominee Director | 17 Oct 2022 | 3 Years 11 Months | Current |
| Pravin Nagindas Shah Also directs: Rotomotive Powerdrives India Limited | Director | 20 Sep 2021 | 5 Years 0 Months | Current |
| Vijay Kalra | Additional Director | 04 Dec 2024 | 1 Years 10 Months | Current |
| Udit Harish Sheth Also directs: Setco Automotive Limited, Shilayan Global Private Limited, Shilayan Auto Private Limited and 5 more | Whole-Time Director | 30 Oct 2010 | 15 Years 11 Months | Current |
| Harish Sheth Kiritbhai Also directs: Setco Automotive Limited, Shilayan Global Private Limited, Shilayan Auto Private Limited and 5 more | Managing Director | 30 Oct 2010 | 15 Years 11 Months | Current |
| Neeraj Kumar Singhal | Additional Director | 01 Jan 2025 | 1 Years 9 Months | Current |
Financials of Setco Auto Systems Private Limited FY 2025 filings available
Setco Auto Systems Private Limited reported revenue of ₹662.56 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Setco Auto Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 36% over three years, including 16% growth in the latest year. EBITDA rose 64% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Setco Auto Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹111.29 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹111.79 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Setco Auto Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -16.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Setco Auto Systems are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Setco Auto Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Setco Auto Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jul 2024 | Others | ₹20 Cr | Open |
| 08 Sep 2021 | Others | ₹350 Cr | Open |
| 08 Sep 2021 | Others | ₹215 Cr | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Setco Auto Systems Private Limited
Setco Auto Systems Private Limited has a workforce of 859 employees as of Mar 21, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Setco Auto Systems Private Limited
Setco Auto Systems has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCT6512A1ZX | Gujarat | Active | 25 Jun 2021 |
| 24AADCT6512A2ZW | Gujarat | Active | 01 Jan 2025 |
| 27AADCT6512A1ZR | Maharashtra | Active | 23 Jun 2021 |
| 05AADCT6512A1ZX | Uttarakhand | Active | 26 Jun 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Setco Auto Systems Private Limited
Setco Auto Systems Private Limited has 11 court cases on record: 11 filed against it. All cases are disposed. Status as checked on 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 0 |
Cases on record (1 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Panchmahal at Godhra, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat Shri D B Gamit, Karkhana Nirikshak, Godhra | Disposed |
Full case history
All 11 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit Ratings, Litigation & Regulatory Alerts for Setco Auto Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Setco Auto Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Setco Auto Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Setco Auto Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Setco Auto Systems Private Limited
Recent News on Setco Auto Systems Private Limited
Frequently Asked Questions about Setco Auto Systems Private Limited
Setco Auto Systems is an active private limited company based in Kalol, Gujarat, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 30 October 2010 (16+ years old) and is registered under CIN U35100GJ2010PTC062770.
Setco Auto Systems reported revenue of ₹662.56 Cr for FY 2025 (up 16% YoY).
Setco Auto Systems has 6 current directors:
- Harish Sheth Kiritbhai - Managing Director
- Udit Harish Sheth - Whole-Time Director
- Shitij Ramesh Kale - Nominee Director
- Pravin Nagindas Shah - Director
- Vijay Kalra - Additional Director
- Neeraj Kumar Singhal - Additional Director
Setco Auto Systems reported a net loss of ₹111.79 Cr (net margin -16.9%) and EBITDA of ₹111.29 Cr (EBITDA margin 16.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Setco Auto Systems is 36% over three years. In the latest year (FY 2025) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Setco Auto Systems is 24AADCT6512A1ZX, registered in Gujarat. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 24AADCT6512A2ZW (Gujarat), 27AADCT6512A1ZR (Maharashtra), 05AADCT6512A1ZX (Uttarakhand).
The CIN (Corporate Identification Number) of Setco Auto Systems is U35100GJ2010PTC062770. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Setco Auto Systems has 11 court cases on record: 11 filed against it.
Setco Auto Systems was incorporated on 30 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.