Craftsman Automation Ltd
Craftsman Automation started the journey in the year 1986 as a small scale industry in the southern Indian city of Coimbatore, has grown to become a leader in precision manufacturing in diverse fields. The co. manufactures several components and sub-assemblies on a supply and job-work basis according to client specifications in the automotive, industrial, and engineering segments. Headquartered in Coimbatore with 12 plants including 10 satellite units across India. [1] [2]
Strengths
- +Company's median sales growth is 23.2% of last 10 years
Weaknesses
- −Stock is trading at 6.54 times its book value
- −Company has a low return on equity of 7.87% over last 3 years.
- −Dividend payout has been low at 12.3% of profits over last 3 years
- −Promoter holding has decreased over last 3 years: -10.1%
Shareholding Pattern
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 48.7% | 48.7% | 48.7% | 48.7% | 48.7% | 48.7% | 48.7% | 48.7% |
| FIIs | 15.76% | 16.61%▲0.8 | 16.99%▲0.4 | 15.64%▼1.3 | 15.83%▲0.2 | 15.44%▼0.4 | 16.02%▲0.6 | 15.19%▼0.8 |
| DIIs | 21.45% | 21.53%▲0.1 | 21%▼0.5 | 22.72%▲1.7 | 22.67%▼0.0 | 24.37%▲1.7 | 25.25%▲0.9 | 28.29%▲3.0 |
| Public | 14.08% | 13.14%▼0.9 | 13.3%▲0.2 | 12.94%▼0.4 | 12.81%▼0.1 | 11.49%▼1.3 | 10.04%▼1.5 | 7.82%▼2.2 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 805 | 822 | 862 | 906 | 929 | 1,151 | 1,044 | 1,192 | 1,237 | 1,346 |
| Expenses | 648 | 674 | 714 | 774 | 814 | 990 | 866 | 992 | 1,022 | 1,094 |
| Operating Profit | 157 | 148 | 148 | 132 | 115 | 161 | 177 | 200 | 214 | 251 |
| OPM % | 20% | 18% | 17% | 15% | 12% | 14% | 17% | 17% | 17% | 19% |
| Net Profit | 45 | 35 | 32 | 29 | 5 | 27 | 40 | 47 | 56 | 78 |
| EPS ₹ | 21.45 | 16.78 | 13.54 | 11.99 | 2.22 | 11.52 | 16.66 | 19.79 | 23.57 | 32.81 |
AI Insights
Mar 2026 revenue at ₹4,818Cr, up 25.2% YoY. OPM at 18%.
Borrowings at ₹2,950Cr. Debt-to-equity ratio: 0.98x. Moderate leverage.
CWIP at ₹284Cr (8% of fixed assets). Moderate ongoing capital expenditure.
DIIs: 28.29% (+11.09pp change). FIIs: 15.19% (+3.09pp change). Promoters hold 48.7%.
ROCE declining from 12% (Mar 2015) to 10% (Mar 2026). Working capital days: -11.
PE 90.2x with 10.3% ROCE. Price is 570% above book value of ₹1,262. Dividend yield: 0.13%.
Recent Announcements
- The EGM Of The Company Will Be Held On Saturday, The 13Th June, 2026, Through Video Conferencing (VC) Or Other Audio-Visual Means (OAVM) Without A Common Venue 1d
- Announcement under Regulation 30 (LODR)-Raising of Funds 1d - Board approved up to Rs.2000 crore fundraise; EGM on 13 June 2026, cut-off 6 June 2026.
- Board Meeting Outcome for Outcome Of The Board Meeting Held On 16Th May, 2026 1d - Board approved up to Rs2,000 crore fund raise; EGM on 13 June 2026, cutoff 6 June 2026.
- Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 Of The SEBI (LODR) Regulations, 2015, As Amended ('SEBI Listing Regulations') 13 May - Board to meet on 16 May 2026 to consider fund raising via equity or other securities.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 13 May - Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 and our intimation and outcome letter dated 27th April, 2026 and 08th May, 2026 respectively, …
- Financial Year 2025 from bse
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- Financial Year 2023 from bse