About Setco Automotive Limited
Data last updated:
Setco Automotive Limited is a public limited company based in Kalol, Gujarat, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 05 May 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L35999GJ1982PLC005203. Its GSTIN is 24AAACG7777K1Z7 (Gujarat). The company holds 4 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 505075 and NSE: SETCO.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹26.75 Cr. It was formerly known as Gujarat Setco Clutch Limited. It is led by directors including Harish Sheth Kiritbhai (Managing Director) and Urja Harshal Shah (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 2026. The registered office is at Baroda Godhra Highway Kalol(Panchmahal), Gujarat, India – 389330.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹804.93 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹4.17 Cr (net margin -0.5%) and EBITDA of ₹86.3 Cr (EBITDA margin 10.7%). Total assets are valued at ₹386 Cr (down 13.9% YoY).
The company has about 626 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Setco Auto Systems. As per MCA filings, the company has open charges of ₹683.37 Cr and satisfied charges of ₹1,539.93 Cr on record. Court records list 36 cases involving the company, including 22 filed by the company and 14 filed against it; 2 cases are pending. The company has 51 deals on record (37 market trades, 13 secondary share transfers, 1 debt financing), with disclosed funding of ₹350 Cr; the latest was in March 2025. The company has 6 MSME Form 1 returns on record between 2019 and 2020, listing 540 overdue payments to 14 micro and small suppliers.
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.
Company details
CIN history
Setco Automotive has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L35999GJ1982PLC005203, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L35999GJ1982PLC005203 | Current |
| U35999GJ1982PLC005203 | Previous |
| L32909GJ1982PLC005203 | Previous |
Contact details
Setco Automotive Limited's registered office is in Kalol, Gujarat. Its website is setcoauto.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBaroda Godhra Highway Kalol(Panchmahal), Gujarat, India – 389330
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Setco Automotive Limited, buy the company report.
- 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
Brands
Setco Automotive 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 |
Business activity
The main business activity of Setco Automotive is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Setco Automotive Limited, buy the company report.
Financials of Setco Automotive Limited
FY 2025-26 filings availableSetco Automotive Limited reported revenue of ₹804.93 Cr (up 12% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 805 | 719 | 641 | 546 | 435 | 359 | 470 |
| Revenue growth | +12.0% | +12.2% | +17.4% | +25.4% | +21.1% | -23.6% | - |
| EBITDA | 86.30 | 109 | 70.26 | 27.55 | (118) | (42.95) | 30.57 |
| EBITDA margin | +10.7% | +15.1% | +11.0% | +5.1% | -27.2% | -12.0% | +6.5% |
| Profit before tax | 13.17 | (129) | (141) | (161) | (254) | (127) | (54.05) |
| Net profit | (4.17) | (105) | (110) | (141) | (122) | (89.53) | (39.11) |
| Net profit margin | -0.5% | -14.5% | -17.2% | -25.9% | -28.0% | -24.9% | -8.3% |
| EPS (₹) | (0.01) | (7.86) | (8.42) | (11.40) | (16.77) | (8.98) | (3.33) |
| Balance sheet | |||||||
| Total assets | 386 | 448 | 437 | 459 | 537 | 465 | 526 |
| Net worth | (708) | (694) | (566) | (431) | (240) | (27.16) | 105 |
| Total debt | 1,070 | 1,116 | 988 | 873 | 760 | 470 | 417 |
| Cash & bank | 40.39 | 20.49 | 14.41 | 17.20 | 21.55 | 15.21 | 12.06 |
| Net working capital | 105 | 114 | 79.22 | 79.72 | 102 | 76.33 | 107 |
| Cash flow | |||||||
| Cash from operations | 234 | 89.24 | 69.17 | 47.55 | (127) | 25.78 | 92.32 |
| Cash from investing | 4.44 | (5.59) | (7.40) | (11.51) | (98.18) | (16.59) | (61.02) |
| Cash from financing | (218) | (77.41) | (64.37) | (40.31) | 232 | (6.11) | (31.53) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 52.90 | 52.78 | 197 | 179 | 47.12 | 211 | 180 | 160 |
| Revenue growth (YoY) | +12.3% | -74.9% | +9.3% | +12.0% | -71.0% | +19.0% | - | - |
| Other income | 220 | 150 | 0.69 | 2.24 | 0.96 | 2.93 | 1.66 | 6.08 |
| EBITDA | (12.91) | (5.08) | 28.87 | 24.23 | (39.23) | 40.60 | 29.41 | 19.60 |
| EBITDA margin | -24.4% | -9.6% | +14.7% | +13.5% | -83.3% | +19.3% | +16.3% | +12.3% |
| Depreciation | 2.22 | 3.60 | 6.40 | 6.72 | 3.16 | 7.91 | 8.08 | 8.02 |
| Interest | 1.82 | 5.52 | 62.15 | 61.05 | 2.34 | 58.10 | 57.41 | 52.49 |
| Profit before tax | 203 | 136 | (38.99) | (41.30) | (43.77) | (22.48) | (34.42) | (34.83) |
| Tax | 0.00 | (0.19) | 18.20 | (0.03) | (1.53) | (0.65) | 0.00 | 0.00 |
| Net profit | 203 | 136 | (57.19) | (41.27) | (42.24) | (21.83) | (34.42) | (34.83) |
| EPS (₹) | 15.22 | 8.93 | (3.79) | (1.99) | (2.61) | (1.37) | (2.15) | (2.16) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1.15 | 1.14 | 1.15 | 1.14 | 157 | 314 | 424 |
| Revenue growth | +0.9% | -0.9% | +0.9% | -99.3% | -50.1% | -25.9% | - |
| EBITDA | (0.12) | (4.77) | (0.07) | (0.23) | (141) | (31.55) | 20.87 |
| EBITDA margin | -10.4% | -418.4% | -6.1% | -20.2% | -90.0% | -10.1% | +4.9% |
| Profit before tax | 85.08 | (3.49) | 0.20 | 1.46 | (171) | (96.27) | (18.71) |
| Net profit | 2.18 | (1.29) | 0.26 | (8.81) | (43.90) | (53.50) | 5.03 |
| Net profit margin | +189.6% | -113.2% | +22.6% | -772.8% | -28.0% | -17.0% | +1.2% |
| EPS (₹) | 6.36 | (0.10) | 0.01 | (0.66) | (12.95) | (7.03) | (1.13) |
| Balance sheet | |||||||
| Total assets | 236 | 150 | 151 | 150 | 160 | 483 | 522 |
| Net worth | 159 | 73.86 | 75.16 | 74.96 | 83.78 | 126 | 232 |
| Total debt | 69.94 | 69.56 | 69.40 | 68.53 | 70.13 | 344 | 281 |
| Cash & bank | 0.53 | 0.87 | 1.23 | 1.58 | 1.00 | 2.84 | 4.13 |
| Net working capital | 5.67 | 5.30 | 1.97 | (13.46) | (13.30) | 43.05 | 79.15 |
| Cash flow | |||||||
| Cash from operations | (0.50) | (0.04) | (0.74) | 2.31 | (1.90) | 26.02 | 58.10 |
| Cash from investing | 0.00 | 0.00 | 0.00 | 0.00 | (86.22) | (41.91) | (61.60) |
| Cash from financing | 0.35 | (0.15) | 0.58 | (1.66) | 86.60 | 14.55 | (0.30) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.29 | 0.24 | 0.24 | 0.38 | 0.28 | 0.29 | 0.29 |
| Revenue growth (YoY) | -100.0% | +3.6% | -17.2% | -17.2% | +31.0% | -3.5% | - | - |
| Other income | 217 | 83.65 | 0.33 | 0.28 | 0.98 | 0.40 | (0.57) | 0.95 |
| Total expenses | 11.28 | 0.20 | 0.41 | 0.31 | 0.36 | 1.53 | 0.75 | 0.88 |
| EBITDA | (11.28) | 0.09 | (0.17) | (0.07) | 0.02 | (1.25) | (0.46) | (0.59) |
| EBITDA margin | - | +31.0% | -70.8% | -29.2% | +5.3% | -446.4% | -158.6% | -203.4% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.02 | 0.01 | 0.09 | 0.02 | 0.00 |
| Profit before tax | 205 | 83.74 | 0.16 | 0.19 | 0.99 | (0.94) | (1.05) | 0.36 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 52.90 | 52.78 | 197 | 179 | 47.12 | 211 | 180 | 160 |
| Revenue growth (YoY) | +12.3% | -74.9% | +9.3% | +12.0% | -71.0% | +19.0% | - | - |
| Other income | 220 | 150 | 0.69 | 2.24 | 0.96 | 2.93 | 1.66 | 6.08 |
| EBITDA | (12.91) | (5.08) | 28.87 | 24.23 | (39.23) | 40.60 | 29.41 | 19.60 |
| EBITDA margin | -24.4% | -9.6% | +14.7% | +13.5% | -83.3% | +19.3% | +16.3% | +12.3% |
| Depreciation | 2.22 | 3.60 | 6.40 | 6.72 | 3.16 | 7.91 | 8.08 | 8.02 |
| Interest | 1.82 | 5.52 | 62.15 | 61.05 | 2.34 | 58.10 | 57.41 | 52.49 |
| Profit before tax | 203 | 136 | (38.99) | (41.30) | (43.77) | (22.48) | (34.42) | (34.83) |
| Tax | 0.00 | (0.19) | 18.20 | (0.03) | (1.53) | (0.65) | 0.00 | 0.00 |
| Net profit | 203 | 136 | (57.19) | (41.27) | (42.24) | (21.83) | (34.42) | (34.83) |
| EPS (₹) | 15.22 | 8.93 | (3.79) | (1.99) | (2.61) | (1.37) | (2.15) | (2.16) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 805 | 719 | 641 | 546 | 435 | 359 | 470 |
| Revenue growth | +12.0% | +12.2% | +17.4% | +25.4% | +21.1% | -23.6% | - |
| Other income | 11.81 | 11.71 | 2.72 | 4.49 | 9.90 | 8.66 | 4.69 |
| Total expenses | 719 | 610 | 570 | 518 | 553 | 402 | 440 |
| Employee cost | 113 | 107 | 97.47 | 87.68 | 81.39 | 73.69 | 81.38 |
| EBITDA | 86.30 | 109 | 70.26 | 27.55 | (118) | (42.95) | 30.57 |
| EBITDA margin | +10.7% | +15.1% | +11.0% | +5.1% | -27.2% | -12.0% | +6.5% |
| Depreciation | 29.15 | 32.09 | 34.65 | 38.45 | 37.45 | 33.71 | 32.34 |
| Interest | 55.79 | 217 | 180 | 155 | 108 | 59.08 | 56.97 |
| Profit before tax | 13.17 | (129) | (141) | (161) | (254) | (127) | (54.05) |
| Tax | 17.44 | (2.85) | (6.23) | 31.12 | 3.36 | (3.79) | (4.50) |
| Net profit | (4.17) | (105) | (110) | (141) | (122) | (89.53) | (39.11) |
| Net profit margin | -0.5% | -14.5% | -17.2% | -25.9% | -28.0% | -24.9% | -8.3% |
| EPS (₹) | (0.01) | (7.86) | (8.42) | (11.40) | (16.77) | (8.98) | (3.33) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 26.75 | 26.75 | 26.75 | 26.75 | 26.75 | 26.75 | 26.75 |
| Reserves & surplus | (735) | (721) | (593) | (457) | (267) | (53.91) | 78.27 |
| Shareholders' funds (net worth) | (708) | (694) | (566) | (431) | (240) | (27.16) | 105 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 1,068 | 1,082 | 933 | 820 | 725 | 364 | 319 |
| Unsecured loans | 2.05 | 33.89 | 54.60 | 52.80 | 35.02 | 107 | 97.33 |
| Total debt | 1,070 | 1,116 | 988 | 873 | 760 | 470 | 417 |
| Total liabilities | 386 | 448 | 437 | 459 | 537 | 465 | 526 |
| Assets | |||||||
| Gross block | 409 | 413 | 417 | 411 | 394 | 445 | 432 |
| Net block | 207 | 231 | 257 | 285 | 308 | 282 | 301 |
| Capital work in progress | 2.92 | 1.51 | 0.29 | 0.00 | 2.38 | 6.09 | 21.62 |
| Investments | 71.74 | 83.11 | 83.11 | 83.11 | 83.11 | 56.12 | 51.22 |
| Inventories | 119 | 136 | 127 | 124 | 110 | 134 | 180 |
| Sundry debtors | 70.91 | 69.26 | 41.38 | 38.26 | 42.82 | 44.91 | 47.21 |
| Cash & bank balances | 40.39 | 20.49 | 14.41 | 17.20 | 21.55 | 15.21 | 12.06 |
| Loans & advances | 13.84 | 13.97 | 14.31 | 15.84 | 29.08 | 18.18 | 24.30 |
| Total current assets | 244 | 240 | 197 | 196 | 204 | 213 | 264 |
| Total current liabilities | 138 | 127 | 118 | 116 | 102 | 136 | 157 |
| Net working capital | 105 | 114 | 79.22 | 79.72 | 102 | 76.33 | 107 |
| Total assets | 386 | 448 | 437 | 459 | 537 | 465 | 526 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 20.19 | 13.95 | 16.55 | 20.83 | 14.15 | 11.07 | 11.30 |
| Net cash from operating activities | 234 | 89.24 | 69.17 | 47.55 | (127) | 25.78 | 92.32 |
| Net cash from investing activities | 4.44 | (5.59) | (7.40) | (11.51) | (98.18) | (16.59) | (61.02) |
| Net cash from financing activities | (218) | (77.41) | (64.37) | (40.31) | 232 | (6.11) | (31.53) |
| Net change in cash | 20.10 | 6.24 | (2.61) | (4.28) | 6.68 | 3.08 | (0.23) |
| Closing cash | 40.39 | 20.49 | 14.41 | 17.20 | 21.55 | 15.21 | 12.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +12.0% | +12.2% | +17.4% | +25.4% | +21.1% | -23.6% | - |
| EBITDA growth | -20.5% | +54.6% | +155.0% | +123.3% | -175.3% | -240.5% | - |
| PBT growth | +9998.0% | +8.6% | +12.3% | +36.6% | -100.0% | -135.1% | - |
| Net income growth | +96.0% | +5.4% | +21.9% | -16.0% | -36.2% | -128.9% | - |
| Revenue CAGR (3Y) | +13.8% | +18.2% | +21.3% | +5.1% | -13.9% | -14.5% | -6.2% |
| EBITDA CAGR (3Y) | +46.3% | - | - | -3.4% | - | - | -19.7% |
| Profitability & leverage | |||||||
| Net income margin | -0.5% | -17.6% | -21.1% | -35.2% | -59.2% | -34.3% | -10.5% |
| Return on capital employed | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +1.6% |
| Return on net worth | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -32.0% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.39 | 2.87 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.08 | 0.86 |
| Interest cover | 97.62 | 284.12 | 504.61 | -1,419.63 | -69.57 | -77.07 | -3,218.64 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.96 | 1.73 | 1.52 | 1.36 | 1.04 | 0.82 | 1.11 |
| Inventory turnover | 6.31 | 5.45 | 5.00 | 4.65 | 3.55 | 2.28 | 2.57 |
| Debtors turnover | 11.49 | 12.99 | 15.81 | 13.46 | 9.92 | 7.80 | 6.05 |
| EPS (₹) | (0.01) | (7.86) | (8.42) | (11.40) | (16.77) | (8.98) | (3.33) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (52.94) | (51.87) | (42.35) | (32.20) | (17.97) | (2.03) | 7.85 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.29 | 0.24 | 0.24 | 0.38 | 0.28 | 0.29 | 0.29 |
| Revenue growth (YoY) | -100.0% | +3.6% | -17.2% | -17.2% | +31.0% | -3.5% | - | - |
| Other income | 217 | 83.65 | 0.33 | 0.28 | 0.98 | 0.40 | (0.57) | 0.95 |
| Total expenses | 11.28 | 0.20 | 0.41 | 0.31 | 0.36 | 1.53 | 0.75 | 0.88 |
| EBITDA | (11.28) | 0.09 | (0.17) | (0.07) | 0.02 | (1.25) | (0.46) | (0.59) |
| EBITDA margin | - | +31.0% | -70.8% | -29.2% | +5.3% | -446.4% | -158.6% | -203.4% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.02 | 0.01 | 0.09 | 0.02 | 0.00 |
| Profit before tax | 205 | 83.74 | 0.16 | 0.19 | 0.99 | (0.94) | (1.05) | 0.36 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1.15 | 1.14 | 1.15 | 1.14 | 157 | 314 | 424 |
| Revenue growth | +0.9% | -0.9% | +0.9% | -99.3% | -50.1% | -25.9% | - |
| Other income | 85.23 | 1.59 | 0.56 | 1.74 | 5.20 | 5.22 | 19.01 |
| Total expenses | 1.27 | 5.91 | 1.22 | 1.37 | 298 | 346 | 403 |
| Employee cost | 0.02 | 3.97 | 0.41 | 1.10 | 20.87 | 44.29 | 52.27 |
| EBITDA | (0.12) | (4.77) | (0.07) | (0.23) | (141) | (31.55) | 20.87 |
| EBITDA margin | -10.4% | -418.4% | -6.1% | -20.2% | -90.0% | -10.1% | +4.9% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 9.78 | 21.82 | 19.00 |
| Interest | 0.03 | 0.31 | 0.29 | 0.05 | 25.16 | 48.12 | 39.59 |
| Profit before tax | 85.08 | (3.49) | 0.20 | 1.46 | (171) | (96.27) | (18.71) |
| Tax | 0.00 | (2.20) | 0.00 | 10.27 | 2.57 | (2.23) | (3.54) |
| Net profit | 2.18 | (1.29) | 0.26 | (8.81) | (43.90) | (53.50) | 5.03 |
| Net profit margin | +189.6% | -113.2% | +22.6% | -772.8% | -28.0% | -17.0% | +1.2% |
| EPS (₹) | 6.36 | (0.10) | 0.01 | (0.66) | (12.95) | (7.03) | (1.13) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 26.75 | 26.75 | 26.75 | 26.75 | 26.75 | 26.75 | 26.75 |
| Reserves & surplus | 132 | 47.11 | 48.41 | 48.21 | 57.03 | 99.38 | 205 |
| Shareholders' funds (net worth) | 159 | 73.86 | 75.16 | 74.96 | 83.78 | 126 | 232 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 238 | 222 |
| Unsecured loans | 69.94 | 69.56 | 69.40 | 68.53 | 70.13 | 107 | 59.41 |
| Total debt | 69.94 | 69.56 | 69.40 | 68.53 | 70.13 | 344 | 281 |
| Total liabilities | 236 | 150 | 151 | 150 | 160 | 483 | 522 |
| Assets | |||||||
| Gross block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 237 | 217 |
| Net block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 141 | 143 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.94 | 21.62 |
| Investments | 205 | 122 | 122 | 122 | 122 | 190 | 169 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 83.82 | 117 |
| Sundry debtors | 0.93 | 0.83 | 0.81 | 0.80 | 3.59 | 60.83 | 82.74 |
| Cash & bank balances | 0.53 | 0.87 | 1.23 | 1.58 | 1.00 | 2.84 | 4.13 |
| Loans & advances | 4.70 | 4.68 | 5.36 | 24.42 | 24.56 | 35.42 | 46.95 |
| Total current assets | 6.16 | 6.38 | 7.40 | 26.80 | 29.15 | 183 | 251 |
| Total current liabilities | 0.49 | 1.08 | 5.43 | 40.26 | 42.45 | 140 | 172 |
| Net working capital | 5.67 | 5.30 | 1.97 | (13.46) | (13.30) | 43.05 | 79.15 |
| Total assets | 236 | 150 | 151 | 150 | 160 | 483 | 522 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.58 | 0.77 | 0.93 | 0.27 | 1.78 | 3.13 | 6.94 |
| Net cash from operating activities | (0.50) | (0.04) | (0.74) | 2.31 | (1.90) | 26.02 | 58.10 |
| Net cash from investing activities | 0.00 | 0.00 | 0.00 | 0.00 | (86.22) | (41.91) | (61.60) |
| Net cash from financing activities | 0.35 | (0.15) | 0.58 | (1.66) | 86.60 | 14.55 | (0.30) |
| Net change in cash | (0.15) | (0.19) | (0.16) | 0.65 | (1.51) | (1.35) | (3.81) |
| Closing cash | 0.53 | 0.87 | 1.23 | 1.58 | 1.00 | 2.84 | 4.13 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +0.9% | -0.9% | +0.9% | -99.3% | -50.1% | -25.9% | - |
| EBITDA growth | +97.5% | -6714.3% | +69.6% | +99.8% | -346.9% | -251.2% | - |
| PBT growth | +9998.0% | - | -86.3% | +9998.0% | -77.3% | -414.5% | - |
| Net income growth | +269.0% | -596.2% | +103.0% | +79.9% | +17.9% | -1163.6% | - |
| Revenue CAGR (3Y) | +0.3% | -80.6% | -84.6% | -86.1% | -36.8% | -15.1% | -7.7% |
| EBITDA CAGR (3Y) | -19.5% | -67.7% | -87.0% | - | - | - | -31.5% |
| Profitability & leverage | |||||||
| Net income margin | +7398.3% | -113.2% | +17.4% | -772.8% | -110.6% | -29.9% | -3.6% |
| Return on capital employed | +1.1% | 0.0% | +0.3% | 0.0% | 0.0% | -1.5% | +8.1% |
| Return on net worth | +1.7% | 0.0% | +0.2% | 0.0% | 0.0% | -29.9% | +2.0% |
| Debt / equity | 0.60 | 0.93 | 0.92 | 0.87 | 1.98 | 1.75 | 1.03 |
| Long-term debt / equity | 0.60 | 0.93 | 0.92 | 0.87 | 0.74 | 0.47 | 0.19 |
| Interest cover | -25.00 | -6.50 | -414.29 | -21.74 | -16.69 | -90.16 | 2,117.11 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 1.70 | 1.78 | 2.65 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 4.82 | 4.01 | 4.54 |
| Debtors turnover | 1.31 | 1.39 | 1.43 | 0.52 | 6.27 | 5.62 | 5.25 |
| EPS (₹) | 6.36 | (0.10) | 0.01 | (0.66) | (12.95) | (7.03) | (1.13) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 11.88 | 5.52 | 5.62 | 5.60 | 6.26 | 9.43 | 17.31 |
To see the full year-wise statements and ratios of Setco Automotive Limited, buy the company report.
Board of directors and KMP of Setco Automotive Limited
Setco Automotive Limited currently reports 6 directors and 2 key managerial personnel. 22 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Urja Harshal Shah | Whole-Time Director | 28 Sep 2015 | 11 Years 1 Months | Current |
| Udit Harish Sheth Also directs: Shilayan Global Private Limited, Shilayan Auto Private Limited, Lava Cast Private Limited and 5 more | Whole-Time Director | 30 Jun 2008 | 18 Years 3 Months | Current |
| Harish Sheth Kiritbhai Also directs: Shilayan Global Private Limited, Shilayan Auto Private Limited, Transstadia Technologies Private Limited and 5 more | Managing Director | 05 May 1982 | 44 Years 5 Months | Current |
| Hirenkumar Popatbhai Vala Also directs: Lava Cast Private Limited, Fourstyle International Private Limited | Company Secretary | 01 Jan 2021 | 5 Years 9 Months | Current |
| Anurag Jain | Cfo | 16 Jun 2025 | 1 Years 4 Months | Current |
| Suresh Shanbhogue Also directs: Lava Cast Private Limited, Info Tech Corporation of Goa Limited | Director | 11 Nov 2024 | 1 Years 11 Months | Current |
Auditor
Setco Automotive Limited is audited by SHARP & TANNAN ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARP & TANNAN ASSOCIATES | FY 2024 | 109983W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 59.20%, foreign institutional investors hold 0.10%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 40.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 59.20% | 59.20% | 59.20% | 59.20% |
| Public | 40.80% | 40.80% | 40.80% | 40.80% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2024 | 101022690 | Others | ₹20 Cr | Open | |
| 16 Sep 2021 | 100510952 | Others | ₹215 Cr | Open | |
| 16 Sep 2021 | 100551706 | Others | ₹350 Cr | Open | |
| 26 Feb 2021 | 100435716 | Hdfc Bank Limited | ₹24.9 Lakh | Open | |
| 28 Dec 2020 | 100407087 | Others | ₹98.12 Cr | Open |
To see the full charge records of Setco Automotive Limited, buy the company report.
Total charge records: 33 View all charges
Deals & funding
Setco Automotive Limited has 51 deals on record (37 market trades, 13 secondary share transfers, 1 debt financing), with disclosed funding of ₹350 Cr; the latest was in March 2025.
Deals on record (5 of 51)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2019 | Market trade | ₹2.14 Cr | Seller: Setco Engineering Private Limited |
| Nov 2018 | Market trade | ₹5.76 Cr | Buyer: Srinidhi Infin Limited Seller: Setco Engineering Private Limited , Srinidhi Infin Limited |
| Oct 2018 | Market trade | ₹3.55 Cr | Buyer: Srinidhi Infin Limited Seller: Setco Engineering Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Others-Setco Automotive Ltd, 2 individuals Seller: Setco Engineering Private Limited , New Vernon Private Equity, 2 individuals |
| Dec 2017 | Market trade | ₹5.71 Cr | Buyer: Paramount Fintrade Pvt.Ltd. Seller: Paramount Fintrade Pvt.Ltd. |
To see the full deal history of Setco Automotive Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Setco Automotive Limited has 36 court cases on record: 22 filed by Setco Automotive, 14 filed against it. 2 cases are pending and 34 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 28 | 10 | 2 |
| District courts | 6 | 3 | 0 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against STT Global Data Centres India Private Limited and 4 Ors | Disposed |
| High Court, MAHARASHTRA | Court case (S) | Filed by the company against STT Global Data Centres India Private Limited and 4 Ors and 4 others | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Tata Communications Ltd. (Applicant) | Disposed |
| High Court | Interim or miscellaneous application | Filed by the company against STT Global Data Centres India Private Limited and 4 Ors | Disposed |
| High Court, MAHARASHTRA | Court case (APP) | Filed by the company against STT Global Data Centres India Private Limited and 4 Ors and 4 others | Disposed |
To see the full case history of Setco Automotive Limited, buy the company report.
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.
MSME payment delays
Setco Automotive Limited has 6 MSME Form 1 returns on record between 2019 and 2020, listing 540 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Benz Packaging Solutions Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Hard Strips (India) | |||
| an individual supplier |
To see the full MSME payment records of Setco Automotive Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Setco Automotive has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Lava Cast Private Limited | U27205GJ2011PTC100777 | |
| Setco Auto Systems Private Limited | U35100GJ2010PTC062770 |
To see the full group structure of Setco Automotive Limited, buy the company report.
Employees & EPFO
Setco Automotive Limited has a workforce of 626 employees on its EPFO records as of Apr 10, 2024, across 2 active EPFO establishments.
GST
Setco Automotive has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACG7777K1Z7 | Gujarat | Active | 01 Jul 2017 |
| 05AAACG7777K1Z7 | Uttarakhand | Active | 01 Jul 2017 |
| 27AAACG7777K1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 27AAACG7777K2Z0 | Maharashtra | Active | 05 Aug 2017 |
To see the full GST registrations and return filing status of Setco Automotive Limited, buy the company report.
Recent activity
Setco Automotive Limited has 40 board changes on record since 1982: 24 appointments and 16 cessations. The latest: Anurag Jain was appointed as CFO on 16 Jun 2025.
105 earlier events are in the company report.
News
Frequently asked questions
Setco Automotive is an active public limited company based in Kalol, Gujarat, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 05 May 1982 (44+ years old) and is registered under CIN L35999GJ1982PLC005203. Listed on BSE: 505075 and NSE: SETCO.
Setco Automotive reported revenue of ₹804.93 Cr for FY 2025-26 (up 12% YoY) based on consolidated financials.
Setco Automotive has 8 current directors and KMP:
- Harish Sheth Kiritbhai - Managing Director
- Urja Harshal Shah - Whole-Time Director
- Udit Harish Sheth - Whole-Time Director
- Suresh Shanbhogue - Director
- Vijay Kalra - Director
- Alok Shyamkrishna Parashar - Director
- Hirenkumar Popatbhai Vala - Company Secretary
- Anurag Jain - Cfo
The latest financial statements of Setco Automotive on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Setco Automotive is 24AAACG7777K1Z7, registered in Gujarat. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 05AAACG7777K1Z7 (Uttarakhand), 27AAACG7777K1Z1 (Maharashtra), 27AAACG7777K2Z0 (Maharashtra).
The CIN (Corporate Identification Number) of Setco Automotive is L35999GJ1982PLC005203. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Setco Automotive is a listed company as per MCA records. Its shares are listed on both BSE (code: 505075) and NSE (symbol: SETCO).
Setco Automotive has 36 court cases on record: 22 filed by the company and 14 filed against it. 2 are pending. Most are in the high courts.
Setco Automotive was incorporated on 05 May 1982, making it 44+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Setco Automotive has 51 deals on record (37 market trades, 13 secondary share transfers, 1 debt financing), with disclosed funding of ₹350 Cr; the latest was in March 2025.
Anurag Jain was appointed as CFO on 16 Jun 2025. Kuldeep Singh ceased to be CFO on 18 Apr 2025. Alok Shyamkrishna Parashar was appointed as Director on 31 Jan 2025. Setco Automotive has 40 board changes on record in total.