Setco Automotive Limited has reported a historic revenue of Rs 210.6 crore in the fourth quarter of fiscal year 2025, marking the first time the company surpassed Rs 200 crore in a quarter. This represents a 19% year-on-year increase from Rs 177 crore in the same period of FY24. The company’s EBITDA saw a remarkable rise of 84%, reaching Rs 40.6 crore, up from Rs 22.01 crore in Q4 FY24.
For the entire fiscal year 2025, the Mumbai-listed company reported revenue of Rs 718.6 crore, compared to Rs 640.7 crore in FY24, reflecting a 12.2% growth. EBITDA for FY25 climbed 50.7%, reaching Rs 109.2 crore, up from Rs 72.5 crore in the previous year. The company’s EBITDA margin improved to 15.2% for FY25 and 19.3% for Q4.
The growth was fueled by higher exports, strong sales in the independent aftermarket, and increased original equipment supplier sales. The company also expanded its product portfolio, introducing new products such as clutch release bearings and central support bearings.
Setco’s subsidiary, Lava Cast, also demonstrated strong performance, with an 11% EBITDA margin in Q4 and recording its highest quarterly and annual tonnage since 2019. The casting unit began exporting to the US market and achieved a rejection rate of less than 5% for the year.
The company was honored by Tata Motors with the NVB Excellence Award at its annual supplier conference. It also launched the ‘Drive Rewards’ program through the Setco Connect mobile app, which has successfully onboarded over 20,000 mechanics and retailers.
Founded in 1982, Setco Automotive manufactures clutches for medium and heavy commercial vehicles, operating five manufacturing units and producing over 100 different products. The company serves markets in the US, UK, SAARC region, and Middle East, leveraging its R&D facilities in India and the UK.
Harish Sheth, Chairman and Managing Director, attributed the strong performance to operational efficiency, strategic product mix, and cost management. Looking ahead, the company plans to expand its commercial vehicle component offerings with additional product launches in the upcoming quarter.
Setco Automotive is a prominent manufacturer and supplier of clutch systems and components for commercial vehicles and agricultural machinery. Established in 1982 and headquartered in India, the company is recognized for its strong engineering capabilities and high-quality products that cater to diverse market requirements.
Setco’s primary product offerings include clutches for medium and heavy commercial vehicles, and it operates four manufacturing facilities located in India and the UK. The company has a significant presence in the aftermarket segment, providing robust solutions that enhance vehicle performance and durability. With a commitment to innovation and customer satisfaction, the company continues to strengthen its position as a trusted partner for leading automotive OEMs and end-users globally.
