diff --git a/srcpkgs/python3-setuptools/template b/srcpkgs/python3-setuptools/template
index 6e7326f93e9..5d22601328d 100644
--- a/srcpkgs/python3-setuptools/template
+++ b/srcpkgs/python3-setuptools/template
@@ -1,7 +1,7 @@
 # Template file for 'python3-setuptools'
 pkgname=python3-setuptools
-version=50.3.0
-revision=2
+version=50.3.1
+revision=1
 wrksrc="setuptools-${version}"
 build_style=python3-module
 hostmakedepends="python3-devel"
@@ -11,7 +11,7 @@ maintainer="Alessio Sergi <al3hex@gmail.com>"
 license="MIT"
 homepage="https://github.com/pypa/setuptools"
 distfiles="${PYPI_SITE}/s/setuptools/setuptools-${version}.zip"
-checksum=39060a59d91cf5cf403fa3bacbb52df4205a8c3585e0b9ba4b30e0e19d4c4b18
+checksum=0e9772768fa6e9d3cf818a3e6e24dd2236f319d2c478312995edcb30ddeb8343
 alternatives="setuptools:easy_install:/usr/bin/easy_install3"
 provides="python3-distribute-${version}_1"
 replaces="python3-distribute>=0"