Setco Automotive Limited has informed the Exchange regarding a press release dated August 12, 2025, titled "Q1 FY26 Financial Results".
SETCO · price
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Setco Automotive, a leading manufacturer of MHCV clutches and truck components, posted Q1 FY26 revenue of Rs. 178.8 crore, up 7.8% year-on-year from Rs. 165.8 crore, driven by strong demand for its products. EBITDA rose 11.9% YoY to Rs. 21.6 crore, with margins improving to 12.1% from 11.6%, aided by better sales mix and operational efficiencies at its LAVA Cast and foreign subsidiaries. Gross margin also improved to 54%. The company expanded its product portfolio by launching an Automotive Water Pump for LCVs and MHCVs and entering the suspension segment with Load Cushion and Torque Rod Bush products. Management expressed confidence in delivering stronger growth in FY26, citing traction from new products and entry into tractor segments.
Positive results with double-digit profit growth and margin expansion suggest improving operational efficiency. The new product launches in water pumps and suspension, along with entry into tractors, could open up new revenue streams. Sequential revenue decline from Q4 FY25 is normal seasonality and not a concern.