Setco Automotive Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
as on 12-12-2024
- Paid Up Capital ₹ 26.75 Cr
as on 12-12-2024
- Company Age 42 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 663.37 Cr
as on 12-12-2024
- Satisfied Charges ₹ 1,539.93 Cr
as on 12-12-2024
- Revenue -49.28%
(FY 2022)
- Profit -169.74%
(FY 2022)
- Ebitda 279.23%
(FY 2022)
- Net Worth -33.58%
(FY 2022)
- Total Assets -67.33%
(FY 2022)
About Setco Automotive
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505075 and on the National Stock Exchange(NSE) under SETCO.
The Corporate was formerly known as Gujarat Setco Clutch Limited. The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 26.75 Cr.
The company currently has active open charges totaling ₹663.37 Cr. The company has closed loans amounting to ₹1,539.93 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Setco Automotive Limited India are Hirenkumar Vala as COMPANY SECRETARY and Mr Singh as Cfo. Udit Sheth, Suresh Shanbhogue, Harish Kiritbhai, and Two other members serve as directors at the Company.
Industry
Company Details
- Location
Panch Mahals, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Setco Automotive Limited offer?
Setco Automotive Limited offers a wide range of products and services, including Clutch, Clutch Parts & Accessories, Clutch Components, Sheet Metal & Turned Components, Mechanical Clutches, Machine & Precision Tools, Extruder Screw, Commercial Vehicle Clutch Parts, Industrial Valves & Valve Fittings, Industrial Valves, Industrial Air Conditioner & Devices.
Who are the key members and board of directors at Setco Automotive?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harish Kiritbhai  | Managing Director | 05-May-1982 | Current |
| Hirenkumar Vala | Company Secretary | 01-Jan-2021 | Current |
| Mr Singh | CFO | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Suresh Shanbhogue | Additional Director | 11-Nov-2024 | Current |
| Udit Sheth | Whole-Time Director | 30-Jun-2008 | Current |
| Urja Shah | Whole-Time Director | 28-Sep-2015 | Current |
| Vijay Kalra | Additional Director | 11-Nov-2024 | Current |
Financial Performance and Corporate Structure Insights of Setco Automotive.
Setco Automotive Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 49.28% decrease. The company also saw a substantial fall in profitability, with a 169.74% decrease in profit. The company's net worth observed a substantial decline by a decrease of 33.58%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Setco Automotive?
In 2023, Setco Automotive had a promoter holding of 59.25% and a public holding of 40.75%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Transstadia Technologies Private LimitedActive 14 years 1 monthUdit Sheth and Harish Kiritbhai are mutual person
- Transstadia Holdings Private LimitedActive 12 years 11 months
Udit Sheth and Harish Kiritbhai are mutual person
- Transstadia Enterprises Private LimitedActive 29 years 9 months
Udit Sheth, Harish Kiritbhai and 1 more are mutual person
- Se Transstadia Private LimitedActive 16 years 1 day
Udit Sheth and Harish Kiritbhai are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 16 Sep 2021 | ₹215.00 Cr | Open |
Others Creation Date: 16 Sep 2021 | ₹350.00 Cr | Open |
Hdfc Bank Limited Creation Date: 26 Feb 2021 | ₹2.49 M | Open |
How Many Employees Work at Setco Automotive?
Setco Automotive has a workforce of 626 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Setco Automotive, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Setco Automotive's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
