Setco Automotive Ltd.

SETCO

₹17.4

-1.53% (-0.27)

Market Cap

₹236 Cr.

P/E

0.00

About

Setco Automotive Ltd is a leading manufacturer of clutch products for the Automotive industry and hydraulic products for the Construction Equipment Industry. They also produce precision engineering co… Read more

Setco Automotive Ltd is a leading manufacturer of clutch products for the Automotive industry … Read more

Low

52W Range

High

Timeline

Key company specific updates

Company Timeline

Custom financial statementNew

Edit rows

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Balance sheet
Net Block	200	330	321	317	301	282	308	285	257	228
Shareholders Funds	214	189	179	166	105	-24.22	-207	-357	-471	-694
Profit & Loss
Operating Profit	74.14	58.97	60.47	97.05	35.49	-10.06	-15.85	40.28	72.46	109
Net Sales	589	570	574	680	470	359	435	546	630	710
Cash flow
Cash from Operating Activity	72.56	42.64	91.88	109	92.32	25.78	-127	47.55	69.17	89.23
Net Capex (est)	102	25.03	17.71	28.95	18.86	-2.85	59.53	11.77	7.27	4.72
Ratios
ROCE (%)	14.62	8.52	17.74	28.87	3.99	-26.57	-10.27	1.75	11.35	—
ROE (%)	10.83	-4.62	2.11	1.74	-42.55	496	108	42.88	23.97	—

Forensics

9 Yes

Positive for this company

1 Neutral

Neutral for this company

7 No

Negative for this company

0 No Data

Insufficient data to analyse

Accounting & Shareholding

Contingent Liabilities

Company does not have significant contingent liabilities
Depreciation Effect

Depreciation accounting is not leading to increase in profits
Other Income

Other income is not affecting ratios of the company
Retail Holding

Retail has been selling the stock which is usually a good time to buy
Revenue Recognition

Company is converting accounting profit to cash
Promoter Holding

Promoter has not sold any shares in the last 90 days
Pledge

Promoters have pledged a significant portion of their holding

Price & Performance

Capex vs ROCE

Roce of the company has increased over the last three years
Share price

Share price has increased over last 10 years due to earnings
Working Capital

Working capital of the company seems to be under control
Current vs Historic Valuation

Company is trading at a discount to 3yr historic valuations
Debt

Company might have issues servicing its debt
ROE

Roe has decreased vs 10 year trend
Sales Growth

Sales of the company has grown at a slow pace
Margin Stability

Margins of the company are volatile
ROCE Strength

Roce of the company is not consistently strong
Balance Sheet Strength

Balance sheet is weak and might have solvency issues

Market Share

85 %

(as of Sep 21)

Source/Historic

MHCV Clutch - Market Share

Revenue mix

Product Wise Break-Up

OEM vs Aftermarket

Peer Comparison

Peer Name	Latest Price	PE	Market cap(Cr)	Prom Holding(%)	YoY Qtly Sales(%)	ROCE (%)	ROE (%)
Setco Automotive	17.67	0.00	241	59.25	19.02	11.35	23.97
Divgi Torqtransfer	588.1	74.39	1,815	60.55	-10.52	9.22	6.85
LG Balakrishnan&Bros	1,295.2	13.69	4,137	34.8	10.25	21.47	16.53
Craftsman Automation	5,394	67.07	13,051	48.7	58.25	19.48	18.36
Elecon Engg.	682.35	37.41	15,530	59.27	41.26	24.73	20.77
ZF Comm Vehic Contr	13,486	56.02	25,808	63.16	5.55	19.4	14.57
IP Rings	152.6	0.00	191	56.58	-5.19	5.92	-3.05
Menon Pistons	62.86	13.6	324	74.37	-8.2	24.86	19.04

Corporate Actions

Consolidated DividendSplit

DATE

DETAILS

2019, Sep 19

Dividend Dividend of Rs.1 per share

2018, Sep 19

Dividend Dividend of Rs.0.8 per share

2017, Sep 18

Dividend Dividend of Rs.0.65 per share

2016, Sep 20

Dividend Dividend of Rs.0.8 per share

2015, Dec 16

Split 2 shares held will now become 10. New number of shares should be credited and listed within 1 day after the ex-date.

Customers

Ashok Leyland Ltd.
Mahindra & Mahindra Ltd.
Tata Motors Ltd.
ZF Steering Gear (India) Ltd.
Bharat Benz
Daimler
Man Industries (India) Ltd.
Sona Group Limited
Asia Motor Works Ltd.
Caterpillar
Mercedes-Benz
Paccar
Renault
Scania
Sonalika Internatonal Tractors Ltd.
Volvo Eicher

Showing 5 of 16

FAQs on Setco Automotive Ltd. Business

What does Setco Automotive do?

Setco Automotive Ltd is a premier manufacturer of clutch products for the Automotive industry and hydraulic products for the Construction Equipment Industry. They also manufacture precision engineering components like pressings, forgings, and castings.

Who are the competitors of Setco Automotive?

Setco Automotive major competitors are Divgi Torqtransfer, LG Balakrishnan&Bros, Craftsman Automation, Elecon Engg., ZF Comm Vehic Contr, IP Rings, Menon Pistons.
Market Cap of Setco Automotive is ₹236 Crs.
While the median market cap of its peers are ₹4,143 Crs.

Is Setco Automotive financially stable compared to its competitors?

Setco Automotive seems to be less financially stable compared to its competitors.
Altman Z score of Setco Automotive is 0.26 and is ranked 8 out of its 8 competitors.

View FAQ's On Shareprice

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Discussions & Analysis

Setco Automotive Ltd.

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Setco Automotive Ltd.