Setco Automotive's Q4 revenue rises 19% to ₹210 crore
Setco Automotive Limited on Wednesday reported a 19 per cent year-on-year (yoY) rise in its revenue for the fourth quarter of FY25, rising to an all-time high of ₹210.6 crore. For the full financial year ending March 31, 2025, it saw 12.2 per cent increase in revenue, reaching ₹718.6 crore. The company attributed the growth to rise in exports, IAM sales, and OES sales, alongside significant improvements in EBITDA margins and the successful turnaround of Lava Cast.
EBITDA for Q4 FY25 stood at ₹40.6 crore, a significant rise from ₹22.01 crore in the same period last year, marking an 84.0 per cent growth. The EBITDA margin for Q4 FY25 was 19.3per cent, an improvement of 680 basis points YoY. For FY25, EBITDA reached ₹109.2 crore, compared to ₹72.5 crore in FY24, a 50.7 per cent YoY growth. The EBITDA margin for the full year stood at 15.2 per cent .
Other achievements
Additionally, Setco received an award from SEEM for Energy Management for its UKD plant. The company successfully launched the 'Drive Rewards' programme with the Setco App (Playstore: Setco Connect), onboarding over 20,000 mechanics and retailers.
During the first half of the year, banks sanctioned the restructuring of Lava Cast's debt, leading to the withdrawal and disposal of the insolvency petition. Lava Cast's Q4 EBITDA margin improved to 11 per cent , achieving a positive EBITDA for the year.
Lava Cast recorded its best-ever rejection rates for the year, achieving less than 5 per cent . This improvement is attributed to rigorous quality checks and advanced production processes.
Harish Sheth, Chairman & MD of Setco Automotive, said 'I am pleased to share that this has been a landmark quarter and year for us, delivering the highest-ever quarterly and yearly sales and EBITDA in the company's history. Our revenue touched an all-time high of ₹210.6 crore for the quarter, crossing the ₹200 crore mark for the first time, reflecting a YoY growth of 19.0per cent . This performance underscores the continued trust of our customers and the growing demand for our products across key markets."
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