SETCO AUTOMOTIVE LTD.

	2019 ( ₹ in Cr. )	2018 ( ₹ in Cr. )	2017 ( ₹ in Cr. )	2016 ( ₹ in Cr. )	2015 ( ₹ in Cr. )
INCOME :
Sales Turnover	680.44	579.54	607.68	621.97	579.81
Other Income	5.82	22.61	0.24	6.37	4.44
Stock Adjustments	17.46	5.2	0.84	-2.93	2.6
Total Income	703.72	607.35	608.76	625.41	586.85
EXPENDITURE :
Raw Materials	346.46	289.39	284.79	304.81	295.29
Excise Duty	0	5.5	38.03	32.54	28.3
Power and Fuel Cost	28.76	24.98	21.92	7.54	7.19
Other Manufacturing Expenses	57.74	47.25	40.95	32.02	33.11
Employee Cost	90.83	79.33	78.39	66.53	59.91
Selling and Administration Expenses	72.64	71.38	76.83	96.98	89.66
Miscellaneous Expenses	4.41	6.43	8.63	4.47	5.08
Less: Preoperative Expenditure Capitalised	0	0	0	0	0
Profit before Interest, Depreciation and Tax	102.87	83.09	59.21	80.51	68.31
Interest and Financial Charges	52.59	50.41	51.04	33.39	26.32
Profit before Depreciation and Tax	50.28	32.68	8.17	47.12	41.99
Depreciation	33.52	32.21	30.22	18.7	15.9
Minority Interest before PAT	0	0	0	0	0
Profit Before Tax	16.77	0.47	-22.06	28.42	26.09
Tax	17.31	1.43	-8.46	5.52	5.48
Profit After Tax	-0.54	-0.96	-13.6	22.9	20.61
Minority Interest after PAT	-3.67	-4.72	-4.94	-0.3	0
Profit/Loss of Associate Company	0	0	0	0	0.06
Profit after Minority Interest and P/L of Assoc. Co.	3.13	3.75	-8.66	23.2	20.67
Adjustment below Net Profit	-9.62	-1.73	0.32	0	0
P and L Balance brought forward	132.35	139.01	160.21	121.78	110.71
Appropriations	10.69	8.68	12.86	12.84	9.6
P and L Bal. carried down	115.16	132.35	139.01	132.14	121.78
Equity Dividend	10.69	8.68	12.86	10.69	8.01
Preference Dividend	0	0	0	0	0
Corporate Dividend Tax	0	0	0	2.18	1.62
Equity Dividend (%)	50	40	32.5	40	30
Earning Per Share (Rs.)	0.23	0.28	0	1.57	7.13
Book Value	12.78	14.06	14.75	13.86	64.73
Extraordinary Items	-0.01	0.12	0.01	0.34	0.14

2019 ( ₹ in Cr. )

2018 ( ₹ in Cr. )

2017 ( ₹ in Cr. )

2016 ( ₹ in Cr. )

2015 ( ₹ in Cr. )

INCOME :

Sales Turnover

680.44

579.54

607.68

621.97

579.81

Other Income

5.82

22.61

0.24

6.37

4.44

Stock Adjustments

17.46

5.2

0.84

-2.93

2.6

Total Income

703.72

607.35

608.76

625.41

586.85

EXPENDITURE :

Raw Materials

346.46

289.39

284.79

304.81

295.29

Excise Duty

5.5

38.03

32.54

28.3

Power and Fuel Cost

28.76

24.98

21.92

7.54

7.19

Other Manufacturing Expenses

57.74

47.25

40.95

32.02

33.11

Employee Cost

90.83

79.33

78.39

66.53

59.91

Selling and Administration Expenses

72.64

71.38

76.83

96.98

89.66

Miscellaneous Expenses

4.41

6.43

8.63

4.47

5.08

Less: Preoperative Expenditure Capitalised

Profit before Interest, Depreciation and Tax

102.87

83.09

59.21

80.51

68.31

Interest and Financial Charges

52.59

50.41

51.04

33.39

26.32

Profit before Depreciation and Tax

50.28

32.68

8.17

47.12

41.99

Depreciation

33.52

32.21

30.22

18.7

15.9

Minority Interest before PAT

Profit Before Tax

16.77

0.47

-22.06

28.42

26.09

Tax

17.31

1.43

-8.46

5.52

5.48

Profit After Tax

-0.54

-0.96

-13.6

22.9

20.61

Minority Interest after PAT

-3.67

-4.72

-4.94

-0.3

Profit/Loss of Associate Company

0.06

Profit after Minority Interest and P/L of Assoc. Co.

3.13

3.75

-8.66

23.2

20.67

Adjustment below Net Profit

-9.62

-1.73

0.32

P and L Balance brought forward

132.35

139.01

160.21

121.78

110.71

Appropriations

10.69

8.68

12.86

12.84

9.6

P and L Bal. carried down

115.16

132.35

139.01

132.14

121.78

Equity Dividend

10.69

8.68

12.86

10.69

8.01

Preference Dividend

Corporate Dividend Tax

2.18

1.62

Equity Dividend (%)

32.5

Earning Per Share (Rs.)

0.23

0.28

1.57

7.13

Book Value

12.78

14.06

14.75

13.86

64.73

Extraordinary Items

-0.01

0.12

0.01

0.34

0.14

	2019 ( ₹ in Cr. )	2018 ( ₹ in Cr. )	2017 ( ₹ in Cr. )	2016 ( ₹ in Cr. )	2015 ( ₹ in Cr. )
SOURCES OF FUNDS :
Share Capital	26.74	26.72	26.72	26.72	26.72
Reserves and Surplus	144.17	161.06	170.39	187.48	175.6
Total Shareholders Funds	170.91	187.78	197.11	214.2	202.32
Secured Loans	308.78	301.64	350.67	360.36	317.98
Unsecured Loans	70.71	86.13	76.49	37.76	1.09
Total Debt	379.49	387.77	427.16	398.12	319.07
Minority Interest	0	0	0	8.98	9.28
Total Liabilities	550.4	575.55	624.27	621.3	530.67
APPLICATION OF FUNDS :
Gross Block	413.48	383.24	358.37	315.41	280.91
Less: Accum. Depreciation	96.69	62.72	28.46	115.79	95.94
Net Block	316.79	320.52	329.91	199.62	184.97
Capital Work in Progress	15.87	15.01	17.24	153.65	82.22
Investments	15.35	15.35	42.77	58	45.2
Current Assets, Loans and Advances
Inventories	185.78	162.71	137.69	144.61	131.13
Sundry Debtors	108.17	127.17	123.57	111.41	78.02
Cash and Bank Balance	12.36	5.62	9.33	4.75	10.71
Loans and Advances	84.1	91.11	87.81	68.14	66.02
Less: Current Liab. and Prov.
Current Liabilities	178.86	155.59	120.31	101.76	61.64
Provisions	9.17	6.35	3.73	17.11	5.96
Net Current Assets	202.38	224.67	234.36	210.04	218.28
Miscellaneous Expenses not w/o	0	0	0	0	0
Total Assets	550.39	575.55	624.28	621.31	530.67
Contingent Liabilities	0	0	210.49	232.99	58.18

2019 ( ₹ in Cr. )

2018 ( ₹ in Cr. )

2017 ( ₹ in Cr. )

2016 ( ₹ in Cr. )

2015 ( ₹ in Cr. )

SOURCES OF FUNDS :

Share Capital

26.74

26.72

Reserves and Surplus

144.17

161.06

170.39

187.48

175.6

Total Shareholders Funds

170.91

187.78

197.11

214.2

202.32

Secured Loans

308.78

301.64

350.67

360.36

317.98

Unsecured Loans

70.71

86.13

76.49

37.76

1.09

Total Debt

379.49

387.77

427.16

398.12

319.07

Minority Interest

8.98

9.28

Total Liabilities

550.4

575.55

624.27

621.3

530.67

APPLICATION OF FUNDS :

Gross Block

413.48

383.24

358.37

315.41

280.91

Less: Accum. Depreciation

96.69

62.72

28.46

115.79

95.94

Net Block

316.79

320.52

329.91

199.62

184.97

Capital Work in Progress

15.87

15.01

17.24

153.65

82.22

Investments

15.35

42.77

45.2

Current Assets, Loans and Advances

Inventories

185.78

162.71

137.69

144.61

131.13

Sundry Debtors

108.17

127.17

123.57

111.41

78.02

Cash and Bank Balance

12.36

5.62

9.33

4.75

10.71

Loans and Advances

84.1

91.11

87.81

68.14

66.02

Less: Current Liab. and Prov.

Current Liabilities

178.86

155.59

120.31

101.76

61.64

Provisions

9.17

6.35

3.73

17.11

5.96

Net Current Assets

202.38

224.67

234.36

210.04

218.28

Miscellaneous Expenses not w/o

Total Assets

550.39

575.55

624.28

621.31

530.67

Contingent Liabilities

210.49

232.99

58.18