Setco Automotive Limited
Setco Automotive Limited, together with its subsidiaries, manufactures and trades in clutches and other automotive components in India and internationally. The company offers brake linings; clutch products for commercial vehicles and farm tractors comprising cover and disc assemblies, and repair kits; clutch release and center support bearings; flywheels; universal joint crosses; water pumps; loa… Read more
Setco Automotive Limited (SETCO) - Net Assets
Latest net assets as of September 2025: ₹-7.80 Billion INR
Based on the latest financial reports, Setco Automotive Limited (SETCO) has net assets worth ₹-7.80 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹5.51 Billion) and total liabilities (₹13.31 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹-7.80 Billion |
| % of Total Assets | -141.66% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -410.88% |
| Growth Volatility | 41.91 |
Setco Automotive Limited - Net Assets Trend (2006–2025)
This chart illustrates how Setco Automotive Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Setco Automotive Limited (2006–2025)
The table below shows the annual net assets of Setco Automotive Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹-6.94 Billion | -22.49% |
| 2024-03-31 | ₹-5.66 Billion | -31.51% |
| 2023-03-31 | ₹-4.31 Billion | -79.16% |
| 2022-03-31 | ₹-2.40 Billion | -785.40% |
| 2021-03-31 | ₹-271.53 Million | -125.85% |
| 2020-03-31 | ₹1.05 Billion | -38.52% |
| 2019-03-31 | ₹1.71 Billion | -9.02% |
| 2018-03-31 | ₹1.88 Billion | -4.73% |
| 2017-03-31 | ₹1.97 Billion | -11.68% |
| 2016-03-31 | ₹2.23 Billion | +5.48% |
| 2015-03-31 | ₹2.12 Billion | +11.68% |
| 2014-03-31 | ₹1.89 Billion | +4.20% |
| 2013-03-31 | ₹1.82 Billion | +36.08% |
| 2012-03-31 | ₹1.34 Billion | +44.81% |
| 2011-03-31 | ₹922.76 Million | +38.37% |
| 2010-03-31 | ₹666.88 Million | +16.36% |
| 2009-03-31 | ₹573.13 Million | +26.09% |
| 2008-03-31 | ₹454.55 Million | +24.58% |
| 2007-03-31 | ₹364.88 Million | +50.82% |
| 2006-03-31 | ₹241.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Setco Automotive Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 689193000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹267.50 Million | % |
| Total Equity | ₹-6.94 Billion | 100.00% |
Setco Automotive Limited Competitors by Market Cap
The table below lists competitors of Setco Automotive Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cann Group Limited
PINK:CNGGF
|
$10.01 Million |
|
Greencastle Resources Ltd
PINK:GRSFF
|
$10.01 Million |
|
Global Menkul Degerler AS
IS:GLBMD
|
$10.02 Million |
|
LLORENTE + CUENCA EO -01
F:91P
|
$10.02 Million |
|
DEER HORN METS
F:G1J
|
$10.00 Million |
|
CTSUF
PINK:CTSUF
|
$10.00 Million |
|
GRAFT POLYMER UK LS -001
F:J4I
|
$10.00 Million |
|
PT Master Print Tbk
JK:PTMR
|
$10.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Setco Automotive Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -4,706,964,000 to -6,938,200,000, a change of -2,231,236,000.
- Net loss of 1,051,000,000 reduced equity.
- Other comprehensive income decreased equity by 146,887,000.
- Other factors decreased equity by 1,033,349,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹-1.05 Billion | -15.15% |
| Other Comprehensive Income | ₹-146.89 Million | -2.12% |
| Other Changes | ₹-1.03 Billion | -14.89% |
| Total Change | ₹- | % |
Book Value vs Market Value Analysis
This analysis compares Setco Automotive Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹2.20 | ₹16.56 | x |
| 2007-03-31 | ₹2.76 | ₹16.56 | x |
| 2008-03-31 | ₹3.44 | ₹16.56 | x |
| 2009-03-31 | ₹4.33 | ₹16.56 | x |
| 2010-03-31 | ₹5.04 | ₹16.56 | x |
| 2011-03-31 | ₹6.96 | ₹16.56 | x |
| 2012-03-31 | ₹10.09 | ₹16.56 | x |
| 2013-03-31 | ₹13.67 | ₹16.56 | x |
| 2014-03-31 | ₹14.20 | ₹16.56 | x |
| 2015-03-31 | ₹15.16 | ₹16.56 | x |
| 2016-03-31 | ₹16.03 | ₹16.56 | x |
| 2017-03-31 | ₹14.11 | ₹16.56 | x |
| 2018-03-31 | ₹13.39 | ₹16.56 | x |
| 2019-03-31 | ₹12.38 | ₹16.56 | x |
| 2020-03-31 | ₹7.83 | ₹16.56 | x |
| 2021-03-31 | ₹-1.81 | ₹16.56 | x |
| 2022-03-31 | ₹-15.49 | ₹16.56 | x |
| 2023-03-31 | ₹-26.72 | ₹16.56 | x |
| 2024-03-31 | ₹-35.19 | ₹16.56 | x |
| 2025-03-31 | ₹-51.73 | ₹16.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Setco Automotive Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.63%
- • Asset Turnover: 1.25x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (10.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 25.14% | 6.27% | 1.27x | 3.15x | ₹36.64 Million |
| 2007 | 35.80% | 8.38% | 1.10x | 3.86x | ₹94.14 Million |
| 2008 | 29.88% | 6.46% | 1.24x | 3.74x | ₹90.36 Million |
| 2009 | 23.24% | 5.74% | 1.17x | 3.47x | ₹75.91 Million |
| 2010 | 21.46% | 5.53% | 1.22x | 3.19x | ₹76.45 Million |
| 2011 | 36.31% | 9.49% | 1.31x | 2.92x | ₹242.75 Million |
| 2012 | 34.03% | 10.75% | 1.19x | 2.66x | ₹321.09 Million |
| 2013 | 14.38% | 6.55% | 0.95x | 2.31x | ₹79.59 Million |
| 2014 | 9.62% | 4.67% | 0.87x | 2.38x | ₹-7.20 Million |
| 2015 | 10.22% | 3.94% | 0.88x | 2.96x | ₹4.43 Million |
| 2016 | 10.83% | 4.12% | 0.76x | 3.46x | ₹17.82 Million |
| 2017 | -4.58% | -1.52% | 0.78x | 3.84x | ₹-275.51 Million |
| 2018 | 2.09% | 0.65% | 0.79x | 4.03x | ₹-141.72 Million |
| 2019 | 1.89% | 0.46% | 0.95x | 4.32x | ₹-134.30 Million |
| 2020 | -42.55% | -9.48% | 0.69x | 6.52x | ₹-550.42 Million |
| 2021 | 0.00% | -33.42% | 0.60x | 0.00x | ₹-1.18 Billion |
| 2022 | 0.00% | -51.58% | 0.68x | 0.00x | ₹-2.04 Billion |
| 2023 | 0.00% | -27.95% | 0.95x | 0.00x | ₹-1.17 Billion |
| 2024 | 0.00% | -17.59% | 1.15x | 0.00x | ₹-656.20 Million |
| 2025 | 0.00% | -14.63% | 1.25x | 0.00x | ₹-357.18 Million |
Industry Comparison
This section compares Setco Automotive Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $13,046,583,226
- Average return on equity (ROE) among peers: 17.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Setco Automotive Limited (SETCO) | ₹-7.80 Billion | 25.14% | N/A | $10.01 Million |
| Apollo Tyres Limited (APOLLOTYRE) | $34.01 Billion | 18.01% | 1.52x | $1.47 Billion |
| Asahi India Glass Limited (ASAHIINDIA) | $26.42 Billion | 14.05% | 1.57x | $840.09 Million |
| Automotive Stampings and Assemblies Limited (ASAL) | $562.65 Million | 17.77% | 2.25x | $19.03 Million |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $10.43 Billion | 23.74% | 0.84x | $228.28 Million |
| Automotive Axles Limited (AUTOAXLES) | $3.02 Billion | 6.60% | 0.72x | $87.35 Million |
| Autoline Industries Limited (AUTOIND) | $1.39 Billion | 7.99% | 2.15x | $12.36 Million |
| Balkrishna Industries Limited (BALKRISIND) | $8.61 Billion | 22.59% | 1.53x | $2.01 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $1.36 Billion | 31.89% | 0.52x | $284.60 Million |
| BELRISE INDUSTRIES LTD (BELRISE) | $20.45 Billion | 15.34% | 1.78x | $562.62 Million |
| Bharat Forge Limited (BHARATFORG) | $24.21 Billion | 12.59% | 2.14x | $5.34 Billion |