CRAFTSMAN
Craftsman Automation Limited
NSELast Traded Price
₹9074
365.5 (4.21%)
Open
₹8830
High
₹9259
Low
₹8748.5
Prev Close
₹8688.5
Industry
Auto Components & Equipments
Market Cap
21598.84 Cr
Filing History
Recent corporate announcements and filings for CRAFTSMAN
Business Update
Neutral
2026-05-28 20:57
Craftsman Automation Limited informed about meetings held with analysts and institutional investors (Hara Global, Carmignac, Federated Hermes, T Rowe Price) on May 28, 2026. The company stated that no unpublished price sensitive information was shared during these interactions.
Business Update
Neutral
2026-05-27 21:36
Craftsman Automation Limited informed about meetings with institutional investors/analysts on 27th May 2026. The company's representative interacted with Jupiter and Mr. Amol Gogate in one-on-one physical meetings. The filing stated that no unpublished price sensitive information was shared during these meetings.
Business Update
Neutral
2026-05-25 18:13
Craftsman Automation Limited held one-on-one physical meetings with institutional investors, including Enam AMC, WhiteOak, Axis Mutual Fund, Birla Mutual Fund, FIL, and Invesco Mutual Fund, on May 25, 2026. The company confirmed that no unpublished price sensitive information was shared during these interactions.
Business Update
Neutral
2026-05-22 18:15
Craftsman Automation Limited held one-on-one physical meetings with several analysts and institutional investors, including HSBC Mutual Fund, Tata Mutual Fund, Amansa Capital, ICICI Prudential Mutual Fund, Edelweiss Mutual Fund, SBI Life Insurance, and SBI Mutual Fund on May 22, 2026. The company confirmed that no unpublished price sensitive information was shared during these interactions.
Business Update
Neutral
2026-05-21 21:13
Craftsman Automation Limited interacted with institutional investors (UTI Mutual Fund, Nippon Mutual Fund, Enam Holdings) on May 21, 2026, through one-on-one physical meetings. The company confirmed that no unpublished price sensitive information was shared during these interactions.
Business Update
Positive
2026-05-19 17:49
Craftsman Automation Limited will hold an Extraordinary General Meeting (EGM) on Saturday, June 13, 2026, to seek shareholder approval for raising funds up to ₹2000 Crores. The funds can be raised through various methods, including issuance of equity shares and/or other eligible securities such as public offer, debt, preferential allotment, rights issue, ADRs, or qualified institutional placement. Remote e-voting will be available from June 10-12, 2026.
Business Update
Positive
2026-05-16 11:58
The Board of Directors of Craftsman Automation Limited approved raising funds up to ₹2000 Crores through various eligible securities. The proceeds are intended for repayment/pre-payment of outstanding borrowings. An Extra-Ordinary General Meeting will be convened on June 13, 2026, to seek shareholder approval for this fundraising proposal.
Business Update
Positive
2026-05-16 11:50
Craftsman Automation Limited's Board approved raising funds up to ₹2000 Crores via various methods, including equity and debt securities. The proceeds are intended for repayment/pre-payment of outstanding borrowings. An Extra-Ordinary General Meeting (EGM) is scheduled for June 13, 2026, to seek shareholder approval for the fundraise, with June 6, 2026, as the cut-off date for voting.
Governance
Positive
2026-05-16 11:46
Craftsman Automation Limited's Board approved raising funds up to ₹2000 Crores through various methods (e.g., FPO, debt, QIP) to repay existing borrowings. An Extra-Ordinary General Meeting will be held on June 13, 2026, to seek shareholder approval, with June 6, 2026, fixed as the cut-off date for voting.
Business Update
Positive
2026-05-13 15:19
Management guided for FY27 revenue growth in the mid-teens, driven by new projects in powertrain, aluminum, and industrial engineering. Net Debt to EBITDA is projected to decrease from 2.43 to below 2 in the current year, further targeting 1.5. The aluminum business aims for $1 billion in 2-3 years, with ~INR6,500 Cr by FY27, through strategic consolidation of Sunbeam, DR Axion, and Craftsman aluminum for enhanced synergy and efficiency. Powertrain capacity utilization is 65-70%, with 20-25% headroom, while alloy wheel capacity utilization is projected to reach 70-80% (4 million units) next year from a 3 million unit annualized exit rate. DR Axion's greenfield plant (50 acres, ~INR150 Cr acquisition) is under civil construction, expected operational by next year. Challenges like Sunbeam's initial single-digit margins and rising manpower costs are being addressed via restructuring and operational efficiencies, with margin improvement expected from Q2 for Sunbeam and in coming years for aluminum after capex deployment.
Business Update
Neutral
2026-05-08 17:40
Craftsman Automation Limited announced the availability of the audio recording of its Earnings Conference Call, held on May 8, 2026, discussing the Audited Financial Results for the quarter and financial year ended March 31, 2026. The recording can be accessed on the company's website via the provided link.
Financials
Positive
2026-05-07 13:41
Consolidated Revenue ₹2,226.4 Cr vs ₹1,749.2 Cr (▲27.3% YoY), EBITDA ₹358.3 Cr vs ₹233.1 Cr (▲53.7% YoY), PAT ₹116.4 Cr vs ₹66.8 Cr (▲74.4% YoY). EBITDA Margin 16.1% vs 13.3% (▲277bps). The company also recommended a final dividend of Rs. 11.25 per equity share. The Board approved the re-appointment of Mr. Srinivasan Ravi as Chairman and MD and Mr. Ravi Gauthamram as Whole Time Director for 5 years.
Financials
Positive
2026-05-07 13:30
Craftsman Automation Limited announced its Q4 FY26 consolidated financial results. Consolidated Revenue from operations for the quarter ended March 31, 2026, was ₹2,226.40 Cr compared to ₹1,749.25 Cr in the previous year's corresponding quarter (▲27.27% YoY). EBITDA stood at ₹358.29 Cr vs ₹233.12 Cr (▲53.70% YoY), and Net Profit (PAT) was ₹116.42 Cr vs ₹66.76 Cr (▲74.38% YoY). EBITDA Margin expanded to 16.09% from 13.33% (▲276bps). The board also recommended a final dividend of Rs. 11.25 per equity share for FY26. Key managerial personnel were re-appointed.
Financials
Positive
2026-05-07 13:26
Consolidated Revenue ₹222.64Cr vs ₹174.93Cr (▲27.28% YoY), EBITDA ₹37.74Cr vs ₹23.84Cr (▲58.31% YoY), PAT ₹11.64Cr vs ₹6.68Cr (▲74.25% YoY). EBITDA Margin 16.95% vs 13.63% (▲332bps). The Board also recommended a final dividend of Rs. 11.25/- per equity share for FY26.
Routine
Neutral
2026-05-07 13:11
New Filing detected. See link for details.
Financials
Positive
2026-05-07 12:53
Craftsman Automation Limited's Board of Directors approved and recommended a final dividend of Rs. 11.25/- per equity share (225%) for the financial year ended 31st March, 2026, subject to shareholder approval at the 40th AGM. The record date for determining eligible shareholders for the dividend is Thursday, 16th July, 2026, with the Register of Members to be closed from Friday, 17th July, 2026 to Thursday, 23rd July, 2026.
Financials
Positive
2026-05-07 12:46
Consolidated Revenue ₹2,226.40 Cr vs ₹1,749.25 Cr (▲27.28% YoY), EBITDA ₹358.29 Cr vs ₹233.12 Cr (▲53.69% YoY), PAT ₹116.42 Cr vs ₹66.76 Cr (▲74.38% YoY). EBITDA Margin 16.09% vs 13.33% (▲276bps).
Financials
Positive
2026-05-07 12:42
The Board of Directors of Craftsman Automation Limited has approved and recommended a final dividend of Rs. 11.25/- per equity share (225% on Rs. 5/- face value) for the financial year ended March 31, 2026, subject to shareholder approval at the 40th Annual General Meeting. The record date for determining eligible shareholders for the dividend is Thursday, July 16, 2026, and the Register of Members will be closed from Friday, July 17, 2026, to Thursday, July 23, 2026.
Financials
Positive
2026-05-07 12:19
Consolidated Revenue from operations for Q4 FY26 was ₹2,226.40 Cr vs ₹1,749.25 Cr in Q4 FY25 (▲27.28% YoY). EBITDA was ₹358.29 Cr vs ₹233.12 Cr (▲53.69% YoY). PAT stood at ₹116.42 Cr vs ₹66.76 Cr (▲74.38% YoY). EBITDA Margin expanded by 276 bps to 16.09% from 13.33%. The Board also recommended a final dividend of Rs. 11.25/- per equity share.
Financials
Positive
2026-05-07 12:17
Consolidated Revenue ₹2,226Cr vs ₹1,749Cr (▲27% YoY), EBITDA ₹358Cr vs ₹233Cr (▲54% YoY), PAT ₹116Cr vs ₹67Cr (▲74% YoY). EBITDA Margin 16% vs 13% (▲280bps). The Board also recommended a final dividend of Rs. 11.25 per equity share for the financial year ended 31st March 2026.
Financials
Positive
2026-05-07 12:13
Craftsman Automation Limited reported strong consolidated financial results for the quarter ended 31 March 2026. Consolidated Revenue ₹2,226.4Cr vs ₹1,749.2Cr (▲27.3% YoY), EBITDA ₹358.3Cr vs ₹233.1Cr (▲53.7% YoY), PAT ₹116.4Cr vs ₹66.8Cr (▲74.3% YoY). EBITDA Margin 16.1% vs 13.3% (▲280bps). The Board also recommended a final dividend of 225% (₹11.25 per share). Note: Consolidated results for the quarter and year ended 31 March 2026 are not fully comparable with the previous year due to acquisitions.
Routine
Neutral
2026-04-27 12:11
New Filing detected. See link for details.
Business Update
Neutral
2026-04-11 09:38
Craftsman Automation Limited has completely exited its equity investment in RC Green Powers Private Limited (RCGPPL) under the Group Captive Scheme. The company stated that this exit does not have any material impact on its operations or financial position.
Routine
Neutral
2026-04-06 16:52
Craftsman Automation Limited submitted the Regulation 74(5) certificate for the quarter ended March 31, 2026, confirming timely processing of securities for dematerialisation and updates in the register of members by the RTA.
Business Update
Negative
2026-03-31 17:10
CRITICAL RED FLAG DETECTED
Craftsman Automation received an order from CGST Faridabad demanding Rs. 11.07 Lakhs tax, Rs. 11.07 Lakhs penalty, and Rs. 40.75 Lakhs interest for FY2019-20 related to inadmissible ITC. The company intends to appeal and expects no material impact on its financials or operations.
Business Update
Positive
2026-03-27 17:56
Craftsman Automation Limited invested ₹39,500 in RC Green Powers Private Limited for wind power under a Group Captive Scheme, increasing its total equity shareholding to 3.51%. This investment aligns with Electricity Act, 2003 provisions for continued compliance.
Business Update
Neutral
2026-03-27 17:49
Craftsman Automation's subsidiary, Sunbeam Lightweighting Solutions, extended the long stop date for an Asset Purchase Agreement with Shriram Pistons & Rings from March 31, 2026, to June 30, 2026. The ₹28 Cr asset sale, concerning a Piston Manufacturing Business, will now complete its remaining tranches by the new deadline.
Ownership
Neutral
2026-03-24 16:59
Craftsman Automation Limited announced the closure of its trading window for insiders from April 1, 2026, until 48 hours after the declaration of audited financial results for the quarter and financial year ending March 31, 2026, as per SEBI regulations.
Routine
Neutral
2026-03-21 14:09
Craftsman Automation Limited received an order from the Income Tax department dated 20th March, 2026, directing disallowance of Rs. 5.30 Cr for AY 2022-23. The company believes the disallowance is unsustainable, plans legal recourse, and foresees no material financial or operational impact.
Business Update
Positive
2026-03-20 23:20
On March 20, 2026, Crisil reaffirmed credit ratings for Craftsman Automation Limited (AA-/Stable, A1+) and DR Axion India Limited (AA-/Stable, A1+). Ratings for its WOS, Sunbeam Lightweighting Solutions Limited, were upgraded to Crisil BBB+/Watch Positive (long-term) and Crisil A2/Watch Positive (short-term).
Business Update
Positive
2026-03-11 16:45
On March 11, 2026, Craftsman Automation's Board approved a Composite Scheme of Arrangement for its Aluminium Products business. This involves consolidating material subsidiaries, DR Axion India Limited and Sunbeam Lightweighting Solutions Limited, to streamline operations, enhance efficiency, and capitalize on growth opportunities.
Business Update
Positive
2026-03-11 16:41
The Board, in its meeting on March 11, 2026, approved a draft Composite Scheme of Arrangement for the internal restructuring/consolidation of the Aluminium Products business. This involves amalgamating material subsidiaries DR Axion India Limited and Sunbeam Lightweighting Solutions Limited to streamline operations, simplify structure, and improve efficiency.
Business Update
Positive
2026-02-13 17:37
The Board, on Feb 13, 2026, approved initiating an evaluation process for potential internal restructuring and consolidation of the aluminium products business and its wholly owned subsidiaries, aiming to streamline operations and optimize the corporate structure.
Governance
Positive
2026-02-13 17:30
The Board of Craftsman Automation Limited, in a meeting on Feb 13, 2026, approved initiating an evaluation process for the potential internal restructuring/consolidation of its aluminium products business and its wholly-owned subsidiaries.
Business Update
Positive
2026-02-02 17:03
Transcript of the earnings conference call for Q3 FY26 discussing unaudited financial results. Management addressed sequential dip in aluminium margins, expected Sunbeam margins to improve to double-digits, and reported strong, sustainable growth in the Industrial & Engineering segment with a positive outlook.
Business Update
Neutral
2026-01-29 18:22
Craftsman Automation Limited announced the availability of the audio recording of its Earnings Conference Call held on January 29, 2026. The call discussed the unaudited financial results for the quarter and nine months ended December 31, 2025. The recording is accessible on the company's website.
Financials
Neutral
2026-01-29 11:23
Craftsman Automation Limited has filed an Investor Presentation for the quarter and nine months ended 31st December, 2025, which includes an Earnings Conference Call intimation. Detailed consolidated quarterly financial performance figures (YoY) are not available in the provided document snippet.
Business Update
Positive
2026-01-28 13:30
The Board approved setting up a new plant/unit/factory in Ludhiana, Punjab on January 28, 2026. This expansion, costing an estimated ₹60 Crores, aims to enhance operational convenience and improve service delivery in the region, adding 5% to Powertrain capacity.
Routine
Neutral
2026-01-28 13:19
New Filing detected. See link for details.
Financials
Positive
2026-01-28 13:15
Consolidated Revenue ₹2,057.28 Cr vs ₹1,576.09 Cr (▲31% YoY), EBITDA ₹306.42 Cr vs ₹184.43 Cr (▲66% YoY), PAT ₹107.11 Cr vs ₹12.93 Cr (▲728% YoY). EBITDA Margin 14.89% vs 11.70% (▲319 bps).