CRAFTSMAN
Craftsman Automation Limited
NSELast Traded Price
₹9158
-175 (-1.88%)
Open
₹9292
High
₹9345
Low
₹9071
Prev Close
₹9333
Industry
Auto Components & Equipments
Market Cap
23952.23 Cr
Filing History
Recent corporate announcements and filings for CRAFTSMAN
Routine
Neutral
2026-07-10 17:52
New Filing detected. See link for details.
Business Update
Positive
2026-07-08 17:19
- Craftsman Automation Limited is investing ₹3.36 Crores in Solarcraft Power India 24 Private Limited for a 26% stake (along with other captive users).
- This investment is for the procurement of 7.0 MWAC solar power for captive consumption.
- The transaction is expected to be completed within 270 days.
Governance
Neutral
2026-07-01 18:09
- Craftsman Automation Limited dispatched letters to shareholders not registered via email, providing access to the Annual Report for FY 2025-26.
- The 40th Annual General Meeting (AGM) is scheduled for Thursday, 23rd July, 2026, at 4:00 PM (IST) via Video Conference/OAVM.
- Web links to the Annual Report and AGM Notice for FY 2025-26 are available on the company website.
Business Update
Positive
2026-06-30 18:06
- Craftsman Automation's wholly-owned subsidiary, Sunbeam Lightweighting Solutions, completed the sale of Piston Manufacturing Business assets to SPR Auto Technologies Limited.
- The second and final tranche of the transaction was completed on June 30, 2026.
- The aggregate consideration received for the sale is INR 28 Crores (exclusive of GST).
- SPR Auto Technologies is not a related party.
Business Update
Positive
2026-06-30 15:17
- Crisil Ratings reaffirmed Craftsman Automation's Long-Term rating at AA-/Positive, revising outlook from 'Stable' to 'Positive'.
- Short-Term rating of A1+ reaffirmed.
- Subsidiaries also saw improved outlooks or positive watch, indicating strengthened financial risk profile and sustained business performance.
Business Update
Positive
2026-06-29 11:26
- Craftsman Automation Limited has commenced commercial operations of its new plant at Ludhiana, Punjab.
- The operations started effectively from June 29, 2026.
Business Update
Neutral
2026-06-27 18:13
- Filing of Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 by Craftsman Automation Limited.
- The report details the company's initiatives from an environmental, social, and governance perspective.
- CSR is applicable, and no complaints were pending resolution for FY 2025-26 across various stakeholder groups.
Routine
Neutral
2026-06-27 17:50
New Filing detected. See link for details.
Routine
Neutral
2026-06-27 10:10
- Trading window closed from July 1, 2026, until 48 hours after the declaration of unaudited financial results for the quarter ended June 30, 2026. Insiders are advised not to deal in equity shares during this period.
Ownership
Negative
2026-06-25 10:50
- Mr. Srinivasan Ravi, Promoter, Chairman, and Managing Director, sold 5,25,000 equity shares through the open market on June 23, 2026.
- This transaction reduced his total shareholding from 40.15% to 38.14%.
Ownership
Positive
2026-06-18 23:10
- Craftsman Automation Limited completed a Qualified Institutions Placement (QIP).
- Allotted 22,98,850 equity shares to Qualified Institutional Buyers (QIBs) at an issue price of ₹8,700 per share.
- The QIP aggregated to approximately ₹1,999.99 Crores.
- Paid-up equity share capital increased from ₹11.93 Crores to ₹13.08 Crores.
Ownership
Positive
2026-06-18 23:08
- Craftsman Automation Limited completed a Qualified Institutions Placement (QIP).
- Allotted 22,98,850 Equity Shares to Qualified Institutional Buyers (QIBs).
- The issue price was ₹8700 per Equity Share, raising approximately ₹1,99,999.95 Lakhs.
- The company's paid-up equity share capital has increased as a result.
Ownership
Positive
2026-06-18 22:19
- Craftsman Automation Limited closed its Qualified Institutions Placement (QIP) on June 18, 2026.
- 2,298,850 equity shares were allotted to Qualified Institutional Buyers (QIBs).
- The shares were issued at a price of ₹8,700 per equity share, raising approximately ₹2000 Crores.
Ownership
Positive
2026-06-18 22:10
- Qualified Institutions Placement (QIP) of 2,298,850 equity shares closed on June 18, 2026.
- Shares were allotted at an issue price of ₹8,700 per share, raising approximately ₹1,999.9 crores for Craftsman Automation Limited.
Business Update
Positive
2026-06-15 17:37
- Craftsman Automation Limited launched a Qualified Institutions Placement (QIP) on June 15, 2026.
- The company aims to raise up to ₹2,000 Crores through the issuance of equity shares.
- The floor price for the equity shares is ₹8,966.13, with a potential discount of up to 5%.
Business Update
Positive
2026-06-15 17:33
- Craftsman Automation's Fund-Raising Committee approved raising up to ₹2,000 Crores via Qualified Institutions Placement (QIP) on June 15, 2026.
- The issue opened on June 15, 2026, with a floor price of ₹8,966.13 per equity share.
- A discount of up to 5% on the floor price may be offered.
Financials
Neutral
2026-06-15 09:29
- Submission of Audited Consolidated Financial Statements for the Financial Year ended 31st March, 2026. Board approved on May 7, 2026.
- FY26 Consolidated Total Revenues: ₹1,65,680 lakhs.
- FY26 Consolidated Net Profit After Tax: ₹19,073 lakhs.
Governance
Positive
2026-06-13 18:27
- Voting results of the Extraordinary General Meeting (EGM) held on June 13, 2026, declared.
- Shareholders approved a special resolution to raise funds up to ₹2000 Crores through the issuance of equity shares or other eligible securities.
- The resolution passed with 97.71% of votes in favor.
Governance
Positive
2026-06-13 18:04
- Extraordinary General Meeting (EGM) of Craftsman Automation Limited was held on June 13, 2026.
- Members approved raising funds up to ₹2000 Crores through various methods (equity shares, debt, preferential allotment, rights issue, etc.) to support future growth plans, financial flexibility, and general corporate requirements.
Business Update
Neutral
2026-06-11 18:20
- Craftsman Automation Limited held one-on-one physical meetings with Franklin Templeton and Sundaram Mutual Fund on June 11, 2026.
- No unpublished price sensitive information was shared during these meetings.
Business Update
Neutral
2026-06-10 14:44
- Craftsman Automation Limited held one-on-one meetings with institutional investors (Pinebridge Investments, Invesco HK, Blackrock) on June 10, 2026.
- No unpublished price sensitive information was shared during these meetings.
Routine
Neutral
2026-06-09 17:33
New Filing detected. See link for details.
Business Update
Neutral
2026-06-08 17:28
- Craftsman Automation Limited held meetings with analysts/institutional investors (GIC, Arohi, Nippon, Nomura AM) on June 8, 2026.
- No Unpublished Price Sensitive Information was shared during these interactions.
Business Update
Neutral
2026-06-05 15:43
- Craftsman Automation Limited held a one-on-one physical meeting with analyst/institutional investor Premji on June 5, 2026.
- No unpublished price sensitive information was shared during the meeting.
Business Update
Neutral
2026-06-04 17:05
- Craftsman Automation will hold group meetings with analysts/institutional investors on June 9 and 10, 2026.
- Participants include Balyasny, Birla Offshore, Oxbow, Comgest, WFM Asia, MAN Group, Sparx Asset Management, and Viridian.
- No Unpublished Price Sensitive Information (UPSI) will be disclosed during these physical meetings.
Business Update
Neutral
2026-06-04 16:56
- Craftsman Automation Limited held a virtual one-on-one meeting with analyst/institutional investor First Sentier on June 4, 2026, from 3:15 P.M. to 4:15 P.M. IST.
- No unpublished price sensitive information was shared during the interaction.
Business Update
Neutral
2026-06-03 21:14
- Craftsman Automation Limited held one-on-one physical meetings with institutional investors including HDFC Life, Wasatch, 360 One, Canara Mutual Fund, and HDFC Mutual Fund on June 3, 2026.
- No unpublished price sensitive information was shared during these interactions.
Business Update
Neutral
2026-06-02 15:59
- Craftsman Automation Limited held an analyst/institutional investor meeting with Janchor Partners on June 2, 2026.
- No unpublished price sensitive information was shared during the meeting.
Business Update
Neutral
2026-06-01 17:00
Craftsman Automation Limited informed about a one-on-one physical meeting with Baroda BNP Mutual Fund held on June 1, 2026, from 11:00 A.M. to 12:00 P.M. The company confirmed that no unpublished price sensitive information was shared during this interaction.
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).