Setco Automotive standalone net loss of Rs.11.8 crore in Q1FY18

India Infoline Research Team | September 14, 2017 17:19 IST

Setco Automotive Ltd Q1FY18

Standalone Results Q1FY18: (Rs. in crore)

Q1FY18 YoY (%)
Revenue 73.1 [40]
EBITDA 0.9 [95.1]
EBITDA Margin (%) 1.2 [1,379]
Net Profit (adjusted) [11.8] -
***EBITDA margin change is bps


Reco. Price


Last updated on


Setco Automotive reported its financial result for Q1FY18.

Its standalone revenue for the quarter came in at Rs. 73.1 crore, registering 40% yoy decline.
EBITDA for the quarter fell by 95.1% yoy to Rs. 0.9 crore with a corresponding margin contraction of 1379 bps. EBITDA margin for the quarter stood at 1.2%.
Net loss for the quarter came in at Rs. 11.8 crore vs. a net profit of Rs. 4.1 crore in the previous year’s corresponding quarter. This was due to 11% yoy increase in finance cost.

Technical View:

Setco Automotive Ltd is currently trading at Rs. 40, up by 0.6 points or 1.52% from its previous closing of Rs. 39.40 on the BSE.
The scrip opened at Rs. 38.80 and has touched a high and low of Rs. 41.60 and Rs. 38.80 respectively. So far 9,07,816(NSE+BSE) shares were traded on the counter. The stock is currently trading below its 100 DMA.

BSE 62.25 4.15 (7.14%)
NSE 62.10 3.50 (5.97%)

***Note: This is a NSE Chart



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