Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Setco Automotive Ltd
Quarter-by-quarter operating performance
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 111 | 160 | 145 | 146 | 165 | 177 | 163 | 160 | 180 | 211 | 179 | 179 | 197 |
| Expenses + | 108 | 140 | 132 | 134 | 140 | 155 | 143 | 140 | 150 | 170 | 157 | 155 | 168 |
| Operating Profit | 3 | 21 | 14 | 12 | 25 | 22 | 19 | 20 | 29 | 41 | 22 | 24 | 29 |
| OPM % | 3% | 13% | 9% | 8% | 15% | 12% | 12% | 12% | 16% | 19% | 12% | 14% | 15% |
| Other Income + | -3 | -9 | 1 | 1 | 1 | -2 | 1 | 6 | 2 | 3 | 0 | 2 | 1 |
| Interest | 40 | 40 | 42 | 45 | 47 | 46 | 49 | 52 | 57 | 58 | 58 | 61 | 62 |
| Depreciation | 9 | 11 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 8 | 7 | 6 |
| Profit before tax | -48 | -41 | -37 | -41 | -29 | -34 | -37 | -35 | -34 | -22 | -44 | -41 | -39 |
| Tax % | 0% | 77% | -0% | 0% | 0% | -18% | -6% | 0% | 0% | -3% | -4% | -0% | 47% |
| Net Profit + | -48 | -72 | -37 | -41 | -29 | -28 | -35 | -35 | -34 | -22 | -42 | -41 | -57 |
| EPS in Rs | -2.51 | -4.31 | -2.32 | -2.54 | -1.81 | -1.76 | -2.19 | -2.16 | -2.15 | -1.37 | -2.61 | -1.99 | -3.79 |
Financials of Setco Automotive Ltd
Annual income statement trend
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 402 | 508 | 568 | 543 | 554 | 660 | 451 | 348 | 423 | 527 | 616 | 691 | 765 |
| Expenses + | 365 | 444 | 493 | 484 | 493 | 563 | 415 | 358 | 439 | 487 | 544 | 581 | 650 |
| Operating Profit | 38 | 64 | 74 | 59 | 61 | 97 | 36 | -10 | -16 | 40 | 72 | 109 | 115 |
| OPM % | 9% | 13% | 13% | 11% | 11% | 15% | 8% | -3% | -4% | 8% | 12% | 16% | 15% |
| Other Income + | 17 | 4 | 6 | 0 | 23 | 6 | -1 | -24 | -93 | -8 | 1 | 11 | 6 |
| Interest | 23 | 26 | 33 | 51 | 50 | 53 | 57 | 59 | 108 | 155 | 180 | 217 | 239 |
| Depreciation | 14 | 16 | 19 | 30 | 32 | 34 | 32 | 34 | 37 | 38 | 35 | 32 | 29 |
| Profit before tax | 18 | 26 | 28 | -22 | 0 | 17 | -54 | -127 | -254 | -161 | -141 | -129 | -147 |
| Tax % | -2% | 21% | 19% | -38% | 304% | 103% | -8% | -3% | 1% | 19% | -4% | -2% | |
| Net Profit + | 18 | 21 | 23 | -14 | -1 | -1 | -50 | -123 | -257 | -192 | -135 | -126 | -163 |
| EPS in Rs | 1.37 | 1.55 | 1.74 | -0.65 | 0.28 | 0.23 | -3.33 | -8.98 | -16.77 | -11.40 | -8.42 | -7.86 | -9.76 |
| Dividend Payout % | 39% | 39% | 46% | -100% | 285% | 427% | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Setco Automotive Ltd
Capital structure and asset base
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 |
| Reserves | 163 | 176 | 187 | 170 | 161 | 144 | 78 | -54 | -267 | -457 | -593 | -721 | -807 |
| Borrowings + | 185 | 318 | 397 | 425 | 385 | 376 | 417 | 470 | 760 | 873 | 988 | 1,116 | 1,178 |
| Other Liabilities + | 76 | 78 | 129 | 104 | 150 | 168 | 161 | 158 | 120 | 132 | 134 | 153 | 153 |
| Total Liabilities | 450 | 598 | 740 | 726 | 723 | 716 | 682 | 602 | 639 | 574 | 556 | 575 | 551 |
| Fixed Assets + | 150 | 185 | 200 | 330 | 321 | 317 | 301 | 282 | 308 | 285 | 257 | 231 | 219 |
| CWIP | 8 | 82 | 154 | 17 | 15 | 16 | 22 | 6 | 2 | 0 | 0 | 2 | 0 |
| Investments | 51 | 45 | 58 | 43 | 15 | 15 | 51 | 56 | 83 | 83 | 83 | 83 | 83 |
| Other Assets + | 241 | 286 | 329 | 336 | 372 | 368 | 309 | 257 | 245 | 207 | 215 | 259 | 248 |
| Total Assets | 450 | 598 | 740 | 726 | 723 | 716 | 682 | 602 | 639 | 574 | 556 | 575 | 551 |
Financials of Setco Automotive Ltd
Operating, investing and financing cash movement
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 57 | 13 | 73 | 43 | 92 | 109 | 92 | 26 | -127 | 48 | 69 | 89 |
| Cash from Investing Activity + | -27 | -117 | -112 | -17 | 15 | -28 | -61 | -17 | -98 | -12 | -7 | -5 |
| Cash from Financing Activity + | -28 | 107 | 32 | -19 | -111 | -74 | -32 | -6 | 232 | -40 | -64 | -77 |
| Net Cash Flow | 2 | 4 | -7 | 6 | -4 | 7 | -0 | 3 | 7 | -4 | -3 | 6 |
| Free Cash Flow | 54 | -111 | -30 | 18 | 74 | 80 | 73 | 29 | -186 | 36 | 62 | 83 |
| CFO/OP | 151% | 21% | 98% | 73% | 152% | 112% | 259% | -267% | 792% | 126% | 100% | 86% |
Financials of Setco Automotive Ltd
Working capital efficiency and return ratios
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 63 | 56 | 72 | 83 | 84 | 60 | 38 | 47 | 37 | 26 | 25 | 37 |
| Inventory Days | 199 | 164 | 172 | 177 | 209 | 206 | 292 | 241 | 160 | 153 | 144 | 147 |
| Days Payable | 79 | 52 | 93 | 111 | 137 | 119 | 196 | 179 | 123 | 115 | 109 | 105 |
| Cash Conversion Cycle | 184 | 168 | 150 | 149 | 155 | 147 | 134 | 109 | 74 | 64 | 60 | 79 |
| Working Capital Days | -20 | 10 | -13 | -42 | -47 | -68 | -148 | -242 | 4 | -19 | -1 | 26 |
| ROCE % | 9% | 12% | 11% | 5% | 9% | 12% | 2% | -8% | -9% | 1% | 9% | 21% |