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]
- Market Cap ₹ 16,806 Cr.
- Current Price ₹ 7,045
- High / Low ₹ 7,378 / 3,700
- Stock P/E 140
- Book Value ₹ 1,206
- Dividend Yield 0.07 %
- ROCE 8.11 %
- ROE 4.31 %
- Face Value ₹ 5.00
Pros
Cons
- Stock is trading at 5.83 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 10.8% over last 3 years.
- Dividend payout has been low at 11.6% of profits over last 3 years
- Promoter holding has decreased over last 3 years: -10.1%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 588 | 775 | 885 | 1,093 | 1,471 | 1,810 | 1,483 | 1,546 | 2,206 | 2,980 | 3,208 | 3,848 | 4,316 | |
| 434 | 579 | 661 | 870 | 1,196 | 1,395 | 1,088 | 1,112 | 1,681 | 2,321 | 2,566 | 3,292 | 3,662 | |
| Operating Profit | 154 | 195 | 225 | 223 | 275 | 414 | 395 | 434 | 526 | 659 | 642 | 556 | 654 |
| OPM % | 26% | 25% | 25% | 20% | 19% | 23% | 27% | 28% | 24% | 22% | 20% | 14% | 15% |
| 9 | 1 | 6 | 11 | 15 | 13 | 3 | 13 | 13 | 12 | 15 | 32 | 30 | |
| Interest | 53 | 62 | 76 | 90 | 109 | 131 | 149 | 107 | 84 | 117 | 155 | 193 | 224 |
| Depreciation | 58 | 83 | 102 | 112 | 136 | 158 | 196 | 192 | 206 | 215 | 236 | 268 | 296 |
| Profit before tax | 51 | 51 | 52 | 32 | 45 | 138 | 54 | 148 | 248 | 339 | 266 | 128 | 163 |
| Tax % | 17% | -2% | 25% | -133% | 29% | 32% | 32% | 34% | 35% | 30% | 26% | 27% | |
| 43 | 53 | 39 | 75 | 32 | 94 | 37 | 97 | 160 | 238 | 198 | 94 | 120 | |
| EPS in Rs | 739.61 | 913.55 | 676.99 | 1,311.36 | 319.35 | 46.81 | 18.21 | 45.80 | 75.94 | 112.53 | 93.52 | 39.27 | 50.19 |
| Dividend Payout % | 1% | 1% | 2% | 1% | 16% | 5% | 0% | 0% | 5% | 10% | 12% | 13% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 21% |
| 3 Years: | 20% |
| TTM: | 27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 18% |
| 3 Years: | -16% |
| TTM: | -16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 30% |
| 1 Year: | 38% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 12% |
| 3 Years: | 11% |
| Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 6 | 10 | 10 | 10 | 11 | 11 | 11 | 11 | 12 | 12 |
| Reserves | 372 | 423 | 512 | 584 | 607 | 691 | 722 | 968 | 1,132 | 1,361 | 1,535 | 2,787 | 2,864 |
| 551 | 582 | 521 | 777 | 847 | 985 | 1,041 | 806 | 800 | 1,078 | 1,610 | 1,956 | 2,758 | |
| 259 | 312 | 455 | 465 | 499 | 563 | 548 | 577 | 742 | 880 | 1,023 | 1,346 | 1,320 | |
| Total Liabilities | 1,187 | 1,323 | 1,494 | 1,832 | 1,963 | 2,249 | 2,320 | 2,362 | 2,684 | 3,329 | 4,179 | 6,101 | 6,955 |
| 724 | 785 | 990 | 1,228 | 1,259 | 1,491 | 1,546 | 1,511 | 1,544 | 1,626 | 2,085 | 2,786 | 3,056 | |
| CWIP | 13 | 54 | 40 | 11 | 24 | 91 | 89 | 32 | 42 | 82 | 165 | 267 | 387 |
| Investments | 4 | 4 | 12 | 11 | 11 | 9 | 26 | 28 | 28 | 403 | 403 | 1,219 | 1,220 |
| 447 | 480 | 453 | 583 | 668 | 659 | 660 | 791 | 1,070 | 1,219 | 1,527 | 1,829 | 2,291 | |
| Total Assets | 1,187 | 1,323 | 1,494 | 1,832 | 1,963 | 2,249 | 2,320 | 2,362 | 2,684 | 3,329 | 4,179 | 6,101 | 6,955 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 306 | 356 | 322 | 566 | 397 | 666 | |||||||
| -138 | -92 | -206 | -705 | -573 | -1,826 | |||||||
| -128 | -296 | -120 | 131 | 186 | 1,164 | |||||||
| Net Cash Flow | 40 | -32 | -4 | -8 | 9 | 5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 87 | 68 | 57 | 59 | 51 | 43 | 48 | 56 | 49 | 45 | 46 | 50 |
| Inventory Days | 323 | 290 | 226 | 209 | 186 | 162 | 197 | 220 | 220 | 162 | 192 | 156 |
| Days Payable | 300 | 270 | 266 | 289 | 232 | 172 | 177 | 195 | 165 | 139 | 153 | 175 |
| Cash Conversion Cycle | 109 | 88 | 17 | -21 | 5 | 33 | 67 | 81 | 104 | 68 | 85 | 31 |
| Working Capital Days | 78 | 52 | 11 | 20 | 20 | 10 | 35 | -17 | -1 | 14 | -1 | -15 |
| ROCE % | 12% | 12% | 13% | 10% | 11% | 17% | 12% | 14% | 18% | 21% | 15% | 8% |
Documents
Announcements
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('SEBI (LODR) Regulations, 2015') - Changes In Senior Management Personnel Of The Company;
27 Nov - Ajay Battu resigned as CTO (Aluminium Products), effective close of business 27 Nov 2025 (personal reasons).
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
12 Nov - Letter dated 8th October, 2025 and 10th November, 2025 respectively, we are enclosing herewith the transcript of the earnings conference call organized on Monday, the …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
10 Nov - Audio recording of earnings conference call for unaudited quarter and half-year ended 30 Sep 2025 available (10 Nov 2025).
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Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Nov - Pursuant to Regulation 47 of the SEBI (LODR) Regulations, 2015 the newspaper advertisement published by the Company relating to unaudited financial results for the quarter …
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Announcement under Regulation 30 (LODR)-Investor Presentation
10 Nov - Read with Part - A of Schedule III and Regulation 46 of the SEBI (LODR) Regulations, 2015 and our Earnings Conference Call intimation letter dated …
Annual reports
Concalls
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT
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May 2025Transcript PPT
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May 2025TranscriptNotesPPT
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Feb 2025Transcript PPT
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Oct 2024TranscriptPPT
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Jul 2024TranscriptPPT
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May 2024TranscriptPPTREC
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Feb 2024TranscriptPPT
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Nov 2023TranscriptPPTREC
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Jul 2023TranscriptPPT
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May 2023TranscriptPPT
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Mar 2023TranscriptNotesPPT
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Jan 2023TranscriptPPT
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Oct 2022TranscriptPPT
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Oct 2022TranscriptPPT
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Jul 2022TranscriptPPT
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May 2022TranscriptPPT
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Feb 2022TranscriptPPT
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Oct 2021TranscriptPPT
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Jul 2021TranscriptPPT
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May 2021TranscriptPPT
Market Position
The company is a leading player in machining critical engine and transmission components for M&HCV and tractors. It is one of the most reputed players in the automotive Aluminium space, a leading player in the automated storage market, and one of the leading brands in the conventional storage market. [1] [2]