SETCO
Setco Automotive financials
- Market cap
- ₹224 Cr
Quarterly results
Q4 FY26: revenue up 19.0%, net profit up 718.2% against the same quarter last year.
| Line item | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 163 | 160 | 180 | 211 | 179 +10% | 179 +12% | 197 +9% | 251 +19% |
| EBITDA | 19 | 20 | 29 | 41 | 22 +16% | 24 +20% | 29 +0% | 23 −44% |
| Net profit | -35 | -35 | -34 | -22 | -42 −20% | -41 −17% | -57 −68% | 136 +718% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +10.6% 1Y
1Y: ₹15.13 on 10 Sept 2025 → ₹16.74. High ₹28.62 (1 Jun 2026), low ₹12.03 (28 Jan 2026).
Financials, as filed
Revenue grew 13.9% a year over 3 years, FY23 to FY26. Operating margin widened to 12.2%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹545 Cr | ₹633 Cr | ₹714 Cr | ₹806 Cr |
| Operating profit | ₹40 Cr | ₹73 Cr | ₹109 Cr | ₹98 Cr |
| Operating margin | 7.3% | 11.5% | 15.3% | 12.2% |
| Interest | ₹155 Cr | ₹180 Cr | ₹216 Cr | ₹56 Cr |
| Depreciation | ₹38 Cr | ₹36 Cr | ₹32 Cr | ₹29 Cr |
| Net profit | ₹-192 Cr | ₹-135 Cr | ₹-126 Cr | ₹-4 Cr |
| Net margin | -35.2% | -21.3% | -17.6% | -0.5% |
| Cash from operations | ₹48 Cr | ₹69 Cr | ₹89 Cr | — |
| Free cash flow | ₹36 Cr | ₹62 Cr | ₹83 Cr | — |
| ROCE | 1.0% | 9.0% | 21.0% | 20.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Equity capital | ₹27 Cr | ₹27 Cr | ₹27 Cr | ₹27 Cr | ₹27 Cr | ₹27 Cr |
| Reserves | ₹78 Cr | ₹-54 Cr | ₹-267 Cr | ₹-457 Cr | ₹-593 Cr | ₹-807 Cr |
| Borrowings | ₹417 Cr | ₹470 Cr | ₹760 Cr | ₹873 Cr | ₹988 Cr | ₹1.2k Cr |
| Other liabilities | ₹161 Cr | ₹158 Cr | ₹120 Cr | ₹132 Cr | ₹134 Cr | ₹153 Cr |
| Total liabilities | ₹682 Cr | ₹602 Cr | ₹639 Cr | ₹574 Cr | ₹556 Cr | ₹551 Cr |
| Fixed assets | ₹301 Cr | ₹282 Cr | ₹308 Cr | ₹285 Cr | ₹257 Cr | ₹219 Cr |
| Capital work in progress | ₹22 Cr | ₹6 Cr | ₹2 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹51 Cr | ₹56 Cr | ₹83 Cr | ₹83 Cr | ₹83 Cr | ₹83 Cr |
| Other assets | ₹309 Cr | ₹257 Cr | ₹245 Cr | ₹207 Cr | ₹215 Cr | ₹248 Cr |
| Total assets | ₹682 Cr | ₹602 Cr | ₹639 Cr | ₹574 Cr | ₹556 Cr | ₹551 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 7% to 28,600.
- Promoters
- 59.3%
- FIIs
- 0.1%
- Public
- 40.6%
Since Jun 2025
- Public −0.04 pp
- FIIs +0.01 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 59.3%, FIIs 0.1%, Public 40.7%.Dec '23: Promoters 59.3%, FIIs 0.1%, Public 40.7%.Mar '24: Promoters 59.3%, FIIs 0.1%, Public 40.7%.Jun '24: Promoters 59.3%, FIIs 0.1%, Public 40.7%.Sep '24: Promoters 59.3%, FIIs 0.1%, Public 40.7%.Dec '24: Promoters 59.3%, FIIs 0.1%, Public 40.7%.Mar '25: Promoters 59.3%, FIIs 0.1%, Public 40.7%.Jun '25: Promoters 59.3%, FIIs 0.1%, Public 40.7%.Sep '25: Promoters 59.3%, FIIs 0.1%, Public 40.7%.Dec '25: Promoters 59.3%, FIIs 0.1%, Public 40.7%.Mar '26: Promoters 59.3%, FIIs 0.0%, Public 40.7%.Jun '26: Promoters 59.3%, FIIs 0.1%, Public 40.6%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Bharat C Jain newly disclosed 2.24% held
- Amit Bhutra newly disclosed 1.80% held
- Alpa Salecha newly disclosed 1.60% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Setco Automotive Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Setco Engineering Pvt Ltd | 47.89% | unchanged |
| Urja Harshal Shah | 3.20% | unchanged |
| Sneha Harish Sheth | 2.64% | unchanged |
| Bharat C Jain | 2.24% | newly disclosed |
| Harish Kiritbhai Sheth | 2.17% | unchanged |
| Udit Harish Sheth | 2.07% | unchanged |
| Amit Bhutra | 1.80% | newly disclosed |
| Alpa Salecha | 1.60% | newly disclosed |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.35% | unchanged |
| Transstadia Enterprises Private Limited | 1.23% | unchanged |
| Harish Kiritbhai Sheth - HUF | 0.05% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Setco Automotive Limited
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