Setco Q1 FY26 Revenue Rises 7.8%; EBITDA up 11.9%

Setco Automotive Ltd reported consolidated revenue from operations of ₹178.8 crore for the quarter ended June 30, 2025, up 7.8% year-on-year from ₹165.8 crore in Q1 FY25. The growth was driven by sustained demand for its products.

EBITDA rose 11.9% to ₹21.6 crore from ₹19.3 crore in the same quarter last year, supported by higher sales, a favourable segment mix, and improved operational efficiencies at Lava Cast and its overseas subsidiaries. EBITDA margin improved to 12.1% from 11.6% a year ago.

During the quarter, the company expanded its product portfolio with the launch of an automotive water pump for light and medium-heavy commercial vehicles, entering the critical engine cooling segment. It also ventured into suspension solutions for the MHCV segment with the introduction of load cushions and torque rod bushes.

Chairman and Managing Director Harish Sheth said the quarter reflected healthy growth, aided by margin improvements and new product launches. He noted that traction from last year’s products and entry into the tractor segment had begun delivering results, while the expansion into engine cooling and suspension products was strengthening the company’s position across the auto component value chain.

Established in 1982, Setco Automotive is one of India’s largest manufacturers of M&HCV clutches and a premium supplier of truck products, with a presence in markets including the US, UK, SAARC, and the Middle East. The company operates five manufacturing units and has R&D facilities in India and the UK.