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Setco Automotive Limited ( (IN:SETCO) ) has issued an update.
Setco Automotive Limited reported a strong performance for Q1 FY26, with revenues increasing by 7.8% year-on-year to Rs. 178.8 crore, driven by robust demand for its products. The company’s EBITDA also grew by 11.9%, reflecting higher sales and operational efficiencies. Setco has expanded its product portfolio with the launch of an automotive water pump and suspension solutions, enhancing its presence in the commercial vehicle space. The company’s strategic expansions and focus on innovation position it well for future growth, with positive traction from new products and deeper engagement with OEMs and aftermarket customers.
More about Setco Automotive Limited
Setco Automotive Ltd, founded in 1982, is a leading manufacturer of medium and heavy commercial vehicle (MHCV) clutches and a premium supplier of truck products. The company offers a diversified product portfolio within the commercial vehicle segment, including brake linings, clutches, flywheels, lubricants, release bearing assemblies, and universal joints. Setco operates five manufacturing units and has a global presence, with research and development facilities in India and the UK.
Average Trading Volume: 12,357
Technical Sentiment Signal: Hold
Current Market Cap: 2.05B INR
Find detailed analytics on SETCO stock on TipRanks’ Stock Analysis page.