Setco Automotive Ltd
SETC

Setco Automotive Ltd (SETCO)

₹14.63.91%

Key Stats

₹13.8
Day's Price Range
₹14.85
₹13.45
52-Week Price Range
₹25.2
1 Month Return-13.81 %
3 Month Return-4.43 %
1 Year Return-39.7 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 57
-0.7
EPS
Rank 56
₹-20.18
BVPS
Rank 62
₹-2.03
Dividend Yield
Rank 41
ROE
Rank 108
-29.93%
Price To Book Ratio
Rank 46
-6.93
Debt To Asset
Rank 3
1.04

Company Information

Incorporated in 1982Gujarat Setco Clutch GSCL produces clutch driven plate and clutch cover assemblies. The company has also appraised investors of the fact that operational constraints difficulty in input inflow and power shortage together affected the continuity in the level of production during the first six months of 199596. However the Board is confident that with the necessary corrective measures being taken the performance in the remaining period would be at an accelerated rate.During 199697 it has increased its Clutch Driven Plates Capacity by 102500 Nos and Clutch Cover Assembly by 75000 Nos.The company has become sick and the rehabilitation proposal submitted by the operating agency for approval to the Board of Industrial Financial Reconstruction in the year 19992000.The indian auto market and especially the segment which the company caters has underwent a metamorphos change towards meeting global standards particularly in the area of euro normshigher load carrying capacity for better economies. In order to match the pace of the market needsthe company has entered into a Technical Collaboration with Lipe Clutch Division of M/s Dana Corporationone of the best clutch technology people known worldwide. The production under the collaboration arrangement having commenced in March 2001.During the year 200001the company has expanded the installed capacity of Clutch Driven Plate by 80000 nos taking the tally from 230000 to 310000.The company has also expanded the installed capacity of Clutch Cover Assembly by 45000 nos taking the tally from 125000 to 170000.
OrganisationSetco Automotive Ltd
HeadquartersKalol
IndustryAuto Ancillaries