Setco Automotive Limited has announced a strong financial performance for the first quarter of FY26, reporting ₹178.8 crore in revenue from operations — a 7.8% increase over the ₹165.8 crore posted in the same quarter last year. The growth was largely driven by sustained demand across its key product lines.
For the first quarter of FY26, ending June 30, 2025, the company reported Revenue from Operations of ₹178.8 crore, compared to ₹165.8 crore in the same period last year. This represents a healthy year-on-year growth driven by robust market demand and a strong performance across business segments.
EBITDA for the quarter stood at ₹21.6 crore, up 11.9% from ₹19.3 crore in Q1 FY25. This increase reflects the company’s ongoing focus on operational excellence and cost management. The EBITDA margin improved to 12.1%, underlining gains from a better product mix and efficiency enhancements across manufacturing units.
The rise in earnings was fueled by multiple performance drivers, including higher sales volumes, a favorable product mix across segments, and productivity gains. Notably, the LAVA Cast division and the company’s overseas subsidiaries delivered strong contributions, reinforcing the benefits of a diversified operational footprint.
On the product development front, the quarter marked a significant milestone with the launch of an Automotive Water Pump. This new component, designed for the engine cooling segment, addresses the stringent performance requirements of light commercial vehicles (LCVs) and medium & heavy commercial vehicles (MHCVs). The launch signifies the company’s entry into a vital category within engine systems, expanding its presence in the powertrain segment.
In addition, the company entered the MHCV suspension segment with the introduction of Load Cushion and Torque Rod Bush products. These solutions enhance the durability and performance of commercial vehicles, aligning with the company’s commitment to delivering high-quality, reliable components. Together, these strategic product launches position the company for stronger growth in the coming quarters.
Harish Sheth, Chairman and Managing Director, commented on the quarterly performance “We’re pleased to begin FY26 on a solid foundation. With revenues growing by 7.8% and EBITDA rising by nearly 12%, we’re seeing the benefits of disciplined cost management and a well-planned expansion in our product lines.”
Mr Sheth added ” Our recent entries into the tractor segment, engine cooling systems, and suspension components are showing early signs of success. The strong market response to our advanced clutch variants, coupled with the performance of our newer offerings, reflects our focus on delivering reliable, high-performance solutions to OEMs and the aftermarket alike. Looking ahead, we are confident that our diversified product base and deeper customer relationships will support sustained growth through the rest of the year and beyond.”
Founded in 1982, Setco Automotive Ltd is a leading manufacturer of clutches for Medium and Heavy Commercial Vehicles (M&HCVs) and a trusted provider of premium truck components. The company’s diverse product range includes clutches, flywheels, brake linings, flywheel ring gears, lubricants, clutch release bearing assemblies, center support bearings, coolants, and universal joint crosses. Its advanced manufacturing capabilities are further strengthened through its subsidiary, Lavacast Pvt Ltd., which specializes in high-precision machined castings.
