Annual reportSep 2026
Sep 2026 · Notice Of The 43Rd Annual General Meeting To Be Held On Wednesday, September 30, 2026 And Annual Report For FY 2025-26. 8 Sep
Source: Bse
Setco Automotive Limited (SETCO)
Small CapAuto stocks · Small cap · NSE
Setco Automotive Limited operates in Clutches, within the Auto sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 09:16 am ISTDetails
Quote21 Oct, 09:16 am IST
Base fundamentals06 Oct 2026 · screener
Latest result31 Aug, 03:57 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage12/14 · 86%
Valuation2026-07-20 · Rf 6.8% · Auto P/E 25.7 (n=127)
Technical timing lens
Trend score and candlestick chart
45NeutralSMA20 +2.7% / mo · MACD −
Stock trend: 44
Sector RS: 46
Sector 3M: -6.1% vs Nifty 500 -4.4%
Auto FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
SETCOD candles · FIT view-31.6%TODAY · PROVISIONALLatest price ₹17.65 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
+0.0%
RSI
49
MACD hist
-0.10
52W pos
36%
2026-10-21O ₹17.65H ₹17.65L ₹17.65C ₹17.65Vol 2,217 shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
SETCONifty AutoNifty 500
- SETCO
- -7.4%
- Nifty 500
- -5.6%
- Nifty Auto
- -5.4%
- Vs Nifty 500
- -1.8 pp
Chart stats
19 Oct 2026- From 52W high
- -40.6%
- 52W range position
- 32%
- ATR (14)
- 5.6%
- Volume vs 20D
- 0.62x
- Avg traded value
- ₹0.1 Cr
- 20D price channel
- ₹16.5 - ₹19.3
₹28.6
₹11.6 - ₹28.6
₹1
Latest completed session
20-session average
32.9% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE47
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Average32
Revenue +19.0% · PAT NDF YoY
Technical
Neutral45
Price trend and sector-relative-strength timing.
Valuation
Legacy model+92.8%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence51
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Average · 32/100margin compression · Rev +19% YoY · +27% QoQ
Filed 31 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹251 Cr | +19.0% | +27.4% |
| EBITDA | ₹23 Cr | NDF | -20.7% |
| Operating margin | 9.0% | NDF | -600 bps |
| PAT | ₹136 Cr | NDF | NDF |
| PAT margin | 54.2% | NDF | +8311 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 108.00
- P/B
- 1.48
- EV/EBITDA
- —
- Market Cap
- 235.00Cr
Profitability
- ROE
- 1.87%
- ROCE
- 1.19%
- ROA
- 36.02%
- Dividend Y
- 73.90%
Growth (CAGR)
- Revenue 5Y
- -67.00%
- EPS 5Y
- 15.00%
- Revenue 3Y
- -67.00%
- EPS 3Y
- 31.00%
Balance Sheet
- Debt/Equity
- 0.44
- Interest Coverage
- —
- Altman Z
- 2.86
- Book Value
- 11.90
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 5/5
- OCF
- —
- EPS TTM
- 6.36
Shareholding
- Promoter Hold
- 59.25%
- Promoter Pledge
- 71.30%
- Momentum 52W
- 35%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 251+27.4% vs prev
Net Profit
₹ CrLatest: 136+338.6% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 49.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 rising (~2.8% over last month) — short-term momentum positive.
- RSI(14) at 49 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 38% off 52W high · 53% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
43
RS percentile
Stage 1 Base / Transition
1M return
-0.3%
3M return
-7.4%
6M return
-30.8%
1Y return
-4.8%
RS 1D
0
RS 20D
-4
Sector rank
#3
Industry rank
#30
Stage evidence
- Price is 14.2% below the 30-week proxy without full trend alignment.
- The 30-week proxy changed +0.6% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
neutral
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 94.59-0.94%
RS vs Nifty 50095
Valuation & peers
U-Score 47 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 47 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · FAIR VALUEValuation30/30
Growth10/25
Quality0/20
Balance Sheet6/15
Cash Flow3/10
Piotroski
3/9 (+1)
Penalties
-3
Raw sum
47
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
47/100 · legacy band FAIR VALUE
Positive drivers
- Fair-value margin of safety is positive at 92.8%.
- Valuation contributes 30/30 to the score.
- Growth contributes 10/25 to the score.
Main drags
- Promoter pledge is 71.3%.
- Penalty bucket subtracts 3 points.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
108.0
PB
1.5
EV/EBITDA
—
ROE
1.9%
ROCE
1.2%
FCF Yield
—
Debt/Equity
0.4
MoS
+92.8%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
47
Previous: 47
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+92.8%
Previous: +93.1%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
47
47
47
47
47
47
47
47
47
47
47
47
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹41.27
+57.2% MoS
Growth-justified P/E
38.5
Growth-justified Value
₹245.18
+92.8% MoS
PEG
5.05
Comparable companies
Peers
Business-comparable peers in Auto — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
PPAP
Small
PPAP Automotive Limited
Auto Components
match 140
42
79.5
-4.7%
-2%
WATCHLIST
BIMETAL
Small
Bimetal Bearings Limited
Auto Components
match 139
48
21.4
5.1%
+44%
FAIR VALUE
PRITIKAUTO
Small
Pritika Auto Industries Limited
Auto Components
match 138
56
12.2
8.6%
+69%
FAIR VALUE
JMA
Small
Jullundur Motor Agency (Delhi) Limited
Auto Components
match 138
56
6.2
11.3%
+51%
FAIR VALUE
SHIVAMAUTO
Small
Shivam Autotech Limited
Auto Components
match 137
12
—
—
—
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Setco Automotive Limited operates in Clutches, within the Auto sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
51Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 9th percentile of the scored universe and 4th percentile within Auto. Main check: financial discipline is weak at 22/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
39 docs text-extracted · 17 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
9th percentile
overall median 67 · Auto: 4th pctile, median 74 · Small: 10th pctile, median 66
Evidence depth
Financial-only
39 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
43
weak · holding, pledge, alignment
Cash flow
52
watch · profit to cash conversion
Balance sheet
73
acceptable · leverage and solvency
Discipline
22
weak · capital discipline
Results
67
acceptable · quarterly consistency
Trust positives
- ▸Promoter holding is 59.3%.
- ▸5 years of positive FCF.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸Promoters have pledged 71.3% of holding.
- ▸Operating cash flow is negative at ₹-1 Cr.
- ▸ROCE is low at 1.2%.
- ▸ROE is low at 1.9%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Setco Automotive Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Sep
Source: Bse
AnnouncementMay 2026
May 2026 · Announcement under Regulation 30 (LODR)-Change in Registered Office Address 30 Jun - Setco Automotive shifted its registered office within Kalol, effective May 26, 2026.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.