Setco Automotive Ltd's Q4FY25 Quarter Results
- 28 May 2025
Result Summary
- Setco Automotive Ltd reported a 2.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 7.4%.
- Its expenses for the quarter were down by 3.3% QoQ and up 7.6% YoY.
- The net profit decreased 17.8% QoQ and decreased 60.6% YoY.
- The earnings per share (EPS) of Setco Automotive Ltd declined at 1.8 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 174.05 | 178.99 | 162.02 | -2.8% | 7.4% |
Total Expenses | 206.28 | 213.41 | 191.65 | -3.3% | 7.6% |
Profit Before Tax | -34.43 | -34.42 | -40.66 | 0.0% | -15.3% |
Tax | -6.14 | 0.00 | 31.21 | - | -119.7% |
Profit After Tax | -28.29 | -34.42 | -71.87 | -17.8% | -60.6% |
Earnings Per Share | -1.80 | -2.10 | -4.30 | -14.3% | -58.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Setco Automotive Ltd is a company involved in the manufacturing of clutches for commercial vehicles. The company primarily caters to the automotive industry and has a significant presence in both the domestic Indian market and international markets. Setco's products are used in a wide range of vehicles, from light commercial vehicles to heavy trucks and buses. The company is known for producing high-quality components that are critical for vehicle operation and efficiency. In recent years, Setco Automotive Ltd has been focusing on expanding its product portfolio and strengthening its market position through innovation and strategic partnerships. However, there is no specific recent major development available from the provided data.
Revenue
Setco Automotive Ltd reported a total income of ₹174.05 crores for Q4FY25, a decrease of 2.8% from the previous quarter, which recorded a total income of ₹178.99 crores. However, when compared to the same quarter in the previous year (Q4FY24), there is a 7.4% increase from ₹162.02 crores. This year-over-year growth indicates that the company has managed to increase its revenue over the past year despite a slight quarterly decline. Such revenue figures suggest that Setco is maintaining a substantial income stream, which is a critical indicator of the company’s ability to generate sales from its core operations.
Profitability
The profitability metrics for Setco Automotive Ltd in Q4FY25 show a mixed performance. The company reported a profit before tax of ₹-34.43 crores, which is consistent with the previous quarter's figure of ₹-34.42 crores, indicating no change on a quarter-over-quarter basis. When compared year-over-year, there is a 15.3% improvement from the Q4FY24 profit before tax of ₹-40.66 crores. The tax component for Q4FY25 was ₹-6.14 crores, a significant change from a zero tax in Q3FY25 and a tax of ₹31.21 crores in Q4FY24. Consequently, the profit after tax for Q4FY25 was ₹-28.29 crores, reflecting a 17.8% improvement over the previous quarter and a 60.6% improvement from the same quarter last year. Earnings per share also improved, with a Q4FY25 figure of ₹-1.80 compared to ₹-2.10 in Q3FY25 and ₹-4.30 in Q4FY24.
Operating Metrics
Setco Automotive Ltd’s total expenses for Q4FY25 were reported at ₹206.28 crores, a decrease of 3.3% from the previous quarter's expenses of ₹213.41 crores. Compared to Q4FY24, this represents a 7.6% increase from ₹191.65 crores. These figures indicate a trend of rising expenses on a year-over-year basis, although there is a reduction in expenses when compared with the previous quarter. The company’s ability to manage its operating expenses relative to its income is crucial for improving its profitability metrics, as shown by the improved profit after tax and earnings per share figures. These operating metrics provide insight into the company's cost management and operational efficiency over the reported periods.