“We are pleased to start FY26 on a healthy note, with Q1 revenues of ₹178.8 crore, representing a 7.8% year-on-year growth, alongside an improvement in gross margins to 54%. While EBITDA for the quarter stood at ₹21.6 crore a growth of 12% reflecting our focus on cost discipline and adding more products to the offerings.” Harish Sheth, Chairman & MD, Setco Automotive Ltd.
Setco Automotive Limited (BSE: 505075, NSE: SETCO), amongst India’s Largest manufacturer of MHCV clutches and a premium supplier for truck products, has announced its unaudited financial results for the quarter ended June 30th, 2025 in the Board meeting held on 12th August 2025.
For the quarter ended June 30th, 2025:
- Revenue from Operations stood at ₹178.8 crore in Q1 FY26, as against ₹165.8 crore in Q1 FY25, a growth of 7.8% on a year-on-year basis, mainly on account of continued and robust demand for Setco’s products.
- EBITDA for the Q1 FY26 is ₹21.6 crore as against ₹19.3 crore in Q1 FY25, a year-on-year growth of 11.9%, mainly on account of higher sales, favourable segment mix and higher operational efficiencies at LAVA cast and foreign subsidiaries.
- EBITDA Margin for Q1 FY26 stood at 12.1%.
Business highlights till date
- Launched latest innovated product – the automotive water pump marking strategic expansion of product portfolio into the critical engine cooling segment. Designed to serve the diverse needs of Light Commercial Vehicles (LCVs) and MHCVs, the Automotive Water Pump delivers exceptional performance under demanding conditions.
- Entered suspension solutions for MHCV Segment and launched of the Load Cushion and Torque Rod Bush. This strategic expansion strengthens company’s presence in the commercial vehicle space, reinforcing its commitment to engineering excellence, durability, and performance.
Commenting on the result, Harish Sheth, Chairman & MD, Setco Automotive Ltd. said, “We are pleased to start FY26 on a healthy note, with Q1 revenues of ₹178.8 crore, representing a 7.8% year-on-year growth, alongside an improvement in gross margins to 54%. While EBITDA for the quarter stood at ₹21.6 crore a growth of 12% reflecting our focus on cost discipline and adding more products to the offerings.
The traction from products launched last year, along with our entry into the tractor segments, have started yielding encouraging results. Our recent product expansion from the Automotive Water Pump to suspension products, CRB and CSB are steadily enhancing our presence across the auto component value chain.
The strong acceptance of our technologically developed clutch variants and the initial traction in our engine cooling and suspension offerings reinforce our commitment to innovation, quality, and meeting evolving customer needs. We remain confident that with our expanding product portfolio and deeper engagement with both OEMs and aftermarket customers, we are well-positioned to deliver stronger growth in FY26 and beyond.”
