Setco Automotive's Q3 FY 2025-26 Quarterly Results
- 14 Feb 2026
Result Summary
- Setco Automotive Ltd reported a 9.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 10.2%.
- Its expenses for the quarter were up by 6.2% QoQ and 10.7% YoY.
- The net profit increased 38.6% QoQ and increased 66.2% YoY.
- The earnings per share (EPS) of Setco Automotive Ltd declined at 3.79 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 197.24 | 180.13 | 178.99 | 9.5% | 10.2% |
Total Expenses | 236.23 | 222.54 | 213.41 | 6.2% | 10.7% |
Profit Before Tax | -38.99 | -41.29 | -34.42 | -5.6% | 13.3% |
Tax | 18.19 | -0.02 | 0.00 | -91050.0% | - |
Profit After Tax | -57.19 | -41.27 | -34.42 | 38.6% | 66.2% |
Earnings Per Share | -3.79 | -1.99 | -2.14 | 90.5% | 77.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Setco Automotive Ltd is a prominent player in the automotive industry, primarily engaged in the manufacturing and distribution of clutches for commercial vehicles. The company operates within the auto components sector, serving both domestic and international markets. Known for its expertise in clutch systems, Setco has established itself as a reliable supplier to major OEMs (Original Equipment Manufacturers) and the aftermarket. While specific recent developments are not available, the company continues to focus on innovation and quality to maintain its competitive edge in the industry.
Revenue
In the third quarter of fiscal year 2026 (Q3FY26), Setco Automotive Ltd reported a total income of ₹197.24 crores. This reflects a quarter-over-quarter increase of 9.5% from ₹180.13 crores in Q2FY26, and a year-over-year growth of 10.2% compared to ₹178.99 crores in Q3FY25. The company's revenue growth indicates an upward trend over the quarters and years, suggesting a potential expansion in market reach or increased demand for its products. This consistent increase in total income is a vital indicator of the company's ability to enhance its revenue base.
Profitability
During Q3FY26, Setco Automotive Ltd experienced a loss, as evidenced by a negative profit before tax (PBT) of ₹-38.99 crores. Despite the loss, PBT improved by 5.6% compared to the previous quarter's loss of ₹-41.29 crores. However, on a year-over-year basis, PBT declined by 13.3% from ₹-34.42 crores in Q3FY25. The profit after tax (PAT) also reflects a challenging scenario, with a significant decline to ₹-57.19 crores, marking a 38.6% increase in losses from Q2FY26, where the PAT was ₹-41.27 crores, and a 66.2% increase from Q3FY25. This indicates a substantial impact on the company's profitability over the year. The earnings per share (EPS) followed a similar trend, with a value of ₹-3.79 in Q3FY26, up from ₹-1.99 in Q2FY26 and ₹-2.14 in Q3FY25, reflecting a 90.5% QoQ and 77.1% YoY increase in negative earnings.
Operating Metrics
Setco Automotive Ltd's total expenses for Q3FY26 amounted to ₹236.23 crores, which represents a 6.2% increase from ₹222.54 crores in the previous quarter and a 10.7% rise from ₹213.41 crores in the same quarter last year. This increase in expenses outpaced the revenue growth in both QoQ and YoY terms. The tax expense for Q3FY26 was notably higher at ₹18.19 crores compared to almost negligible amounts in previous quarters, leading to a drastic percentage change. This aspect of the financial performance could be attributed to various factors, including changes in tax regulations or adjustments in tax liabilities. The elevated expenses and tax liabilities significantly impacted the company's operating metrics, contributing to the amplified net losses reported.