SETUINFRA

Setubandhan Infrastructure financials

Market cap
₹9 Cr
Sector
Construction

Quarterly results

Q3 FY23: revenue up 18.6%, net profit down 83.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ4 FY21Q1 FY22Q2 FY22Q3 FY22Q4 FY22Q1 FY23Q2 FY23Q3 FY23
Revenue28 67 7 17 20 −28%8 −88%17 +151%20 +19%
EBITDA-4 -3 -1 4 -3 +9%-0 +97%1 +189%1 −74%
Net profit-3 -4 -2 3 -3 −2%-0 +88%1 +160%0 −83%
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 −14.3% 1Y

₹0.40₹0.50₹0.60₹0.70₹0.80Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹0.77 on 1 Sept 2025 → ₹0.66. High ₹0.77 (1 Sept 2025), low ₹0.38 (20 Jan 2026).

Financials, as filed

Revenue grew 97.1% a year over 1 year, FY21 to FY22. Operating margin widened to -3.5%.

Year endingFY21FY22
Revenue₹56 Cr₹110 Cr
Operating profit₹-28 Cr₹-4 Cr
Operating margin-50.0%-3.5%
Interest₹1 Cr₹1 Cr
Depreciation₹2 Cr₹1 Cr
Net profit₹-29 Cr₹-6 Cr
Net margin-51.1%-5.6%
Cash from operations₹-9 Cr₹0 Cr
Free cash flow₹-9 Cr₹0 Cr
ROCE-18.6%-3.7%
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 endingFY18FY19FY20FY21FY22FY23
Equity capital₹13 Cr₹13 Cr₹13 Cr₹13 Cr₹13 Cr₹13 Cr
Reserves₹114 Cr₹114 Cr₹72 Cr₹43 Cr₹37 Cr₹37 Cr
Borrowings₹38 Cr₹43 Cr₹72 Cr₹78 Cr₹79 Cr₹79 Cr
Other liabilities₹80 Cr₹87 Cr₹52 Cr₹49 Cr₹78 Cr₹79 Cr
Total liabilities₹245 Cr₹257 Cr₹208 Cr₹182 Cr₹207 Cr₹207 Cr
Fixed assets₹18 Cr₹14 Cr₹32 Cr₹32 Cr₹31 Cr₹30 Cr
Capital work in progress₹1 Cr₹1 Cr₹2 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹1 Cr₹1 Cr₹1 Cr₹0 Cr₹0 Cr₹0 Cr
Other assets₹226 Cr₹241 Cr₹174 Cr₹150 Cr₹176 Cr₹177 Cr
Total assets₹245 Cr₹257 Cr₹208 Cr₹182 Cr₹207 Cr₹207 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 Dec 2024

The ownership split has held steady since Dec 2023. The shareholder count grew 5% to 23,497.

Promoters
27.4%
Public
72.6%

Since Dec 2023

  • Public −0.01 pp
  • Promoters 0.00 pp
  • FIIs 0.00 pp

How it drifted, 12 quarters

Mar '22Jun '23Dec '24

Ownership split by quarter, oldest first. Mar '22: Promoters 27.4%, Public 72.6%.Jun '22: Promoters 27.4%, Public 72.6%.Sep '22: Promoters 27.4%, FIIs 1.0%, Public 71.6%.Dec '22: Promoters 27.4%, FIIs 1.0%, Public 71.6%.Mar '23: Promoters 27.4%, Public 72.6%.Jun '23: Promoters 27.4%, Public 72.6%.Sep '23: Promoters 27.4%, Public 72.6%.Dec '23: Promoters 27.4%, Public 72.6%.Mar '24: Promoters 27.4%, Public 72.6%.Jun '24: Promoters 27.4%, Public 72.6%.Sep '24: Promoters 27.4%, Public 72.6%.Dec '24: Promoters 27.4%, Public 72.6%.

Who was buying across the market this quarter →

Who is on the register

Named in the Dec 2024 filing

Every holder of Setubandhan Infrastructure Limited above SEBI's 1% disclosure line, and what changed since Sep 2024.

HolderStakeChange
Prakash Pusaram Laddha 19.89%unchanged
Aruna Prakash Laddha 6.89%unchanged
Rithik Sanjay Munot 3.28%unchanged
Rose Valley Merchandise Pvt. Ltd. 2.06%unchanged
JM Financial Services Ltd. 1.53%unchanged
Shailaja Sanjay Munot 1.31%unchanged
Benjamin John Pauley 1.08%unchanged
Rachita Rakesh Mehta 0.32%unchanged
Prachi Laddha P 0.32%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 Setubandhan Infrastructure Limited

Guides on how to read this kind of business and the numbers that matter.