Setco Automotive Ltd vs Waaree Technologies Ltd Stock Comparison

Home

Insights

Stock Comparison

Last Updated on: May 10, 2026

Key Highlights

The Latest Trading Price of Setco Automotive Ltd is ₹ 26.52 as of 08 May 15:30 . The P/E Ratio of Setco Automotive Ltd changed from 0 on March 2021 to 0 on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe P/E Ratio of Waaree Technologies Ltd changed from 0 on March 2021 to 0 on March 2025 . This represents a CAGR of 0.0% over 5 years The Market Cap of Setco Automotive Ltd changed from ₹ 187.94 crore on March 2021 to ₹ 275.29 crore on March 2025 . This represents a CAGR of 7.93% over 5 yearsThe Market Cap of Waaree Technologies Ltd changed from ₹ 0 crore on March 2021 to ₹ 0 crore on March 2025 . This represents a CAGR of 0.0% over 5 years The revenue of Setco Automotive Ltd for the Dec '25 is ₹ 197.24 crore as compare to the Sep '25 revenue of ₹ 181.25 crore. This represent the growth of 8.82% The revenue of Waaree Technologies Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 revenue of ₹ 0 crore. This represent the decline of 0% The ebitda of Setco Automotive Ltd for the Dec '25 is ₹ 29.56 crore as compare to the Sep '25 ebitda of ₹ 26.47 crore. This represent the growth of 11.67% The ebitda of Waaree Technologies Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 ebitda of ₹ 0 crore. This represent the decline of 0% The net profit of Setco Automotive Ltd changed from ₹ -35.26 crore to ₹ -57.19 crore over 7 quarters. This represents a CAGR of 31.83% The net profit of Waaree Technologies Ltd changed from ₹ 0 crore to ₹ 0 crore over 7 quarters. This represents a CAGR of 0.0% The Dividend Payout of Setco Automotive Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Waaree Technologies Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .

About Setco Automotive Ltd

Setco Automotive Limited, formerly known Gujarat Setco Clutch Limited established in 1982, produces clutch driven plate and clutch cover assemblies.
The name of the Company was changed from Gujarat Setco Clutch Limited to Setco Automotive Limited in Decmeber, 2005. The Company is engaged in manufacturing of Clutch products and systems and Hydraulics (Pressure Converters).
The Company is having 4 manufacturing units i.e. 2 in India and 1 each in United Kingdom and United States of America. The company has also appraised investors of the fact that operational constraints, difficulty in input inflow and power shortage together affected the continuity in the level of production during the first six months of 1995-96.
However, the Board is confident that with the necessary corrective measures being taken, the performance in the remaining period would be at an accelerated rate.

About Waaree Technologies Ltd

Waaree Technologies Limited was formerly formed in Maharashtra, as a partnership firm under the name M/s.
H.K. International vide partnership deed dated dated October 6, 1993.
Further, the Company was converted into a Public Limited Company, the name was changed to H K Trade International Limited dated June 28, 2013 and was further changed from H.K. Trade International Limited to Waaree Technologies Limited vide fresh Certificate of Incorporation dated January 07, 2019. Company is engaged in the business of manufacturing of batteries, catering to both industrial and consumer segments, with a focus on energy storage systems, electric vehicles (EVs).
During financial year 2018-19, the Company understood module trading business in addition to PV Tapes & Adhesive business.
The Company earlier was engaged in the business of manufacturing, converting and supplying of adhesive tapes and synthetic paper (teslin papers) from jumbo rolls of adhesive tapes and synthetic paper (teslin) respectively.

FAQs for the comparison of Setco Automotive Ltd and Waaree Technologies Ltd

Which company has a larger market capitalization, Setco Automotive Ltd or Waaree Technologies Ltd?

Market cap of Setco Automotive Ltd is 354 Cr while Market cap of Waaree Technologies Ltd is 312 Cr

What are the key factors driving the stock performance of Setco Automotive Ltd and Waaree Technologies Ltd?

The stock performance of Setco Automotive Ltd and Waaree Technologies Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Setco Automotive Ltd and Waaree Technologies Ltd?

As of May 10, 2026, the Setco Automotive Ltd stock price is INR ₹26.52. On the other hand, Waaree Technologies Ltd stock price is INR ₹289.75.

How do dividend payouts of Setco Automotive Ltd and Waaree Technologies Ltd compare?

To compare the dividend payouts of Setco Automotive Ltd and Waaree Technologies Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.