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Setco Automotive share price

Setco Automotive Ltd.

NSE: SETCO BSE: 505075 SECTOR: Auto Ancillary  27k   27   5

6.21
-0.32 (-4.90%)
BSE: 28 Mar 04:01 PM

Price Summary

Today's High

₹ 6.53

Today's Low

₹ 6.21

52 Week High

₹ 9.62

52 Week Low

₹ 5.26

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

83.07 Cr.

Enterprise Value

150.02 Cr.

No. of Shares

13.38 Cr.

P/E

35.81

P/B

1.1

Face Value

₹ 2

Div. Yield

0 %

Book Value (TTM)

₹  5.63

CASH

1.58 Cr.

DEBT

68.53 Cr.

Promoter Holding

59.25 %

EPS (TTM)

₹  0.17

Sales Growth

-99.52%

ROE

-11.11 %

ROCE

1.01%

Profit Growth

90.15 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of Setco Automotive Ltd.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-99.52%
3 Year-86.02%
5 Year-70.52%

Profit Growth

1 Year94.96%
3 Year13.55%
5 Year-178.87%

ROE%

1 Year-11.11%
3 Year-49.67%
5 Year-28.18%

ROCE %

1 Year1.01%
3 Year-10%
5 Year-1.59%

Debt/Equity

0.9141

Price to Cash Flow

35.93

Interest Cover Ratio

28.6920152091255

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 59.25 94.59
Sep 2023 59.25 94.59
Jun 2023 59.25 94.59
Mar 2023 59.25 94.53
Dec 2022 59.25 94.59
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 4.56624313846505.

 Limitations

  • The company has shown a poor revenue growth of -86.0176743489671% for the Past 3 years.
  • Company has a poor ROE of -49.6676216182309% over the past 3 years.
  • Company has a poor ROCE of -10.0028751388553% over the past 3 years
  • Company has high debtor days of 701.717929646482.
  • The company has a low EBITDA margin of -16.9866907211958% over the past 5 years.
  • The company is trading at a high EV/EBITDA of 56.9316.
  • Promoter pledging is high as 94.59%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 0.1 0.74 0.29 0.29 0.29
Total Expenditure 0.68 -0.41 0.47 0.26 0.2
Operating Profit -0.58 1.15 -0.18 0.03 0.09
Other Income -1.45 0.93 0.03 0.01 0.58
Interest 0 0.05 0 0.11 0.16
Depreciation 0 0 0 0 0
Exceptional Items 0 0 0 0 0
Profit Before Tax -2.03 2.03 -0.15 -0.07 0.51
Tax 0 0 0 0 0
Profit After Tax -2.03 2.03 -0.15 -0.07 0.51
Adjusted EPS (Rs) -0.15 0.15 -0.01 -0.01 0.04

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 613.4 418.08 314.06 237.18 1.14
Total Expenditure 522.19 377.59 305.11 171.23 2.63
Operating Profit 91.21 40.49 8.96 65.95 -1.48
Other Income 15.15 19.6 5.22 8.13 2.99
Interest 33.98 39.59 48.12 25.16 0.05
Depreciation 19.31 19 21.82 9.78 0
Exceptional Items 0 -20.2 -40.52 -129.42 0
Profit Before Tax 53.06 -18.71 -96.29 -90.28 1.46
Tax 16.84 -3.55 -2.23 -0.79 10.27
Net Profit 36.02 -16.45 -105.15 -174.82 -8.82
Adjusted EPS (Rs.) 2.71 -1.13 -7.03 -6.69 -0.66

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 26.74 26.75 26.75 26.75 26.75
Total Reserves 235.88 204.79 99.38 57.03 48.21
Borrowings 13.47 74.05 78.18 70.13 68.53
Other N/C liabilities -2.15 3.08 0.44 -9.02 1.52
Current liabilities 376.19 370.12 399.69 42.45 40.26
Total Liabilities 650.13 678.8 604.45 187.35 185.27
Assets
Net Block 138.22 143.11 141.39 0 0
Capital WIP 0 8.46 0 0 0
Intangible WIP 13.66 13.16 5.94 0 0
Investments 140.31 168.79 190.09 121.83 122.11
Loans & Advances 15.39 94.16 84.13 36.36 36.36
Other N/C Assets 0 0 0 0 0
Current Assets 342.55 251.12 182.9 29.16 26.8
Total Assets 650.13 678.8 604.45 187.35 185.27
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 53.06 -18.71 -96.29 -170.72 1.46
Adjustment 34.41 59.71 104.94 154.63 -12.26
Changes in Assets & Liabilities -10.45 17.94 18.39 16.77 15.7
Tax Paid -0.27 -0.84 -1.02 -2.57 -2.58
Operating Cash Flow 76.76 58.1 26.02 -1.9 2.31
Investing Cash Flow -11.61 -61.6 -41.91 -86.22 0
Financing Cash Flow -60.01 -0.3 14.55 86.6 -1.66
Net Cash Flow 5.13 -3.81 -1.35 -1.51 0.65

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 59.25 59.25 59.25 59.25 59.25
harish kiritbhai sheth - 2.17 2.22 2.17 2.17
harish kiritbhai sheth ... - 0.05 - 0.05 0.05
setco engineering pvt ... - 47.89 - 47.89 47.89
sneha harish sheth 2.64 2.64 2.64 2.64 2.64
transstadia enterprises p... - 1.23 1.23 1.23 1.23
udit harish sheth 2.07 2.07 2.07 2.07 2.07
urja harshal shah - - - 3.20 3.20
setco engineering pvt. ... - - 47.89 - -
urja harish sheth - 3.20 3.20 - -
harish kiritbhai sheth ... 0.05 - - - -
harish kiritbhai sheth 2.17 - - - -
setco engineering priva... 47.89 - - - -
transstadia capital priva... 1.23 - - - -
urja harshal shah 3.20 - - - -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 40.75 40.75 40.75 40.75 40.75
investor education and pr... 1.01 - - - 1.10
llp 0.07 0.07 0.09 0.09 0.09
investor education and pr... - 1.01 - 1.10 -
investor education and pr... - - 1.05 - -
minal bharat patel 1.06 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • ConcallQ1FY21 25 Sep 2020
  • PresentationQ3FY21 10 Feb 2021
  • PresentationQ1FY22 13 Aug 2021
  • PresentationQ1FY22 10 Aug 2021

Company News

Setco Automotive - Quaterly Results9 Feb 2024, 1:52PM Setco Automotive - Quaterly Results9 Feb 2024, 1:52PM Setco Automotive - Quaterly Results9 Feb 2024, 1:52PM Setco Automotive informs about disclosure 20 Dec 2023, 12:52PM Setco Automotive informs about compliances-certificate12 Oct 2023, 4:37PM Setco Automotive informs about press reelase6 Oct 2023, 3:25PM Setco Automotive - Quaterly Results14 Aug 2023, 1:31PM Setco Automotive informs about disclosure 22 May 2023, 4:59PM Setco Automotive - Quaterly Results14 Feb 2023, 2:20PM Setco Automotive informs about disclosure21 Jan 2023, 12:39PM Setco Automotive informs about board meeting4 Nov 2022, 4:56PM Setco Automotive informs about details of loss of certificate22 Sep 2022, 12:42PM Setco Automotive informs about book closure12 Aug 2022, 11:43AM Setco Automotive’s arm declares block closure at Vadodara, Uttarakhand plants11 Aug 2022, 2:56PM Setco Automotive - Quaterly Results10 Aug 2022, 1:31PM Setco Automotive - Quaterly Results10 Aug 2022, 1:31PM Setco Automotive - Quaterly Results6 Jul 2022, 6:23PM Setco Automotive - Quaterly Results6 Jul 2022, 6:23PM Setco Automotive informs about board meeting 11 Jun 2022, 11:57AM Setco Automotive informs about deffered of board meeting2 Jun 2022, 12:10PM Setco Automotive informs about resignation of CFO 2 Jun 2022, 12:07PM Setco Automotive informs about trading window closure31 Mar 2022, 3:42PM Setco Automotive - Quaterly Results12 Feb 2022, 1:24PM Setco Automotive informs about compliances-certificate13 Jan 2022, 2:09PM Setco Automotive informs about trading window closure3 Jan 2022, 9:53AM Setco Automotive informs about revised disclosure17 Dec 2021, 4:01PM Setco Automotive informs about newspaper advertisement8 Dec 2021, 5:00PM Setco Automotive - Quaterly Results4 Dec 2021, 5:04PM Setco Automotive - Quaterly Results4 Dec 2021, 5:04PM Setco Automotive - Quaterly Results4 Dec 2021, 5:04PM Setco Automotive informs about disclosure14 Sep 2021, 2:50PM Setco Automotive informs about outcome of board meeting 7 Sep 2021, 3:56PM Setco Automotive informs about disclosure17 Aug 2021, 12:42PM Setco Automotive informs about outcome of board meeting9 Feb 2021, 3:47PM Setco Automotive informs about closure of trading window2 Jan 2021, 3:43PM Setco Automotive informs about 37th AGM notice4 Dec 2020, 3:32PM

Setco Automotive Stock Price Analysis and Quick Research Report. Is Setco Automotive an attractive stock to invest in?

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The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how Setco Automotive is performing and if it is the right time to buy the stock of Setco Automotive with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, Setco Automotive has reported poor sales growth of -99.5181722588985 % and in the latest quarter sales was Rs 0.29 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 0 times for Setco Automotive . It is managing its inventory poorly .
     
  • Setco Automotive reported Profit growth of 90.1470098535489 % over the year, where the latest year profit is Rs -8.8175 Cr compared to the previous year of Rs -89.4906 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of Setco Automotive in the latest quarter is Rs 0.09 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Setco Automotive has a poor ROE of -11.10845149383 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Setco Automotive has a low Debt to Equity ratio of 0.9141.
     
  • Setco Automotive pays a dividend of 0 Rs per share. It tells us that a company dislikes to share profits with its shareholders. The dividend yield is low at 0 %.
     
  • The share of promoter in Setco Automotive is high at 59.25 %, where the pledging is 94.59 %.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Setco Automotive is 35.4671280276817 compared to the 5 year average PE of 2.43191379437596 .
     
  • Share Price: - The current share price of Setco Automotive is Rs 6.15. One can use valuation calculators of ticker to know if Setco Automotive share price is undervalued or overvalued.
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Brief about Setco Automotive
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