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 ₹ 10,729 Cr.
- Current Price ₹ 5,078
- High / Low ₹ 5,419 / 2,699
- Stock P/E 45.0
- Book Value ₹ 694
- Dividend Yield 0.22 %
- ROCE 20.8 %
- ROE 18.9 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 49.2% CAGR over last 5 years
Cons
- Stock is trading at 7.26 times its book value
* 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.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
600 | 571 | 588 | 775 | 885 | 1,093 | 1,471 | 1,810 | 1,483 | 1,546 | 2,206 | 2,980 | 3,113 | |
442 | 414 | 434 | 579 | 661 | 870 | 1,196 | 1,395 | 1,088 | 1,112 | 1,681 | 2,321 | 2,452 | |
Operating Profit | 158 | 157 | 154 | 195 | 225 | 223 | 275 | 414 | 395 | 434 | 526 | 659 | 662 |
OPM % | 26% | 28% | 26% | 25% | 25% | 20% | 19% | 23% | 27% | 28% | 24% | 22% | 21% |
1 | 2 | 9 | 1 | 6 | 11 | 15 | 13 | 3 | 13 | 13 | 12 | 17 | |
Interest | 50 | 51 | 53 | 62 | 76 | 90 | 109 | 131 | 149 | 107 | 84 | 117 | 141 |
Depreciation | 39 | 49 | 58 | 83 | 102 | 112 | 136 | 158 | 196 | 192 | 206 | 215 | 222 |
Profit before tax | 71 | 59 | 51 | 51 | 52 | 32 | 45 | 138 | 54 | 148 | 248 | 339 | 316 |
Tax % | 30% | 29% | 17% | -2% | 25% | -133% | 29% | 32% | 32% | 34% | 35% | 30% | |
50 | 42 | 43 | 53 | 39 | 75 | 32 | 94 | 37 | 97 | 160 | 238 | 238 | |
EPS in Rs | 1,050.50 | 734.39 | 739.61 | 913.55 | 676.99 | 1,311.36 | 319.35 | 46.81 | 18.21 | 45.80 | 75.94 | 112.53 | 112.82 |
Dividend Payout % | 1% | 1% | 1% | 1% | 2% | 1% | 16% | 5% | 0% | 0% | 5% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | 18% |
5 Years: | 15% |
3 Years: | 26% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | 19% |
5 Years: | 49% |
3 Years: | 80% |
TTM: | 17% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 57% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 14% |
3 Years: | 16% |
Last Year: | 19% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 6 | 6 | 6 | 6 | 6 | 10 | 10 | 10 | 11 | 11 | 11 | 11 |
Reserves | 190 | 330 | 372 | 423 | 512 | 584 | 607 | 691 | 722 | 968 | 1,132 | 1,361 | 1,455 |
493 | 510 | 551 | 582 | 521 | 777 | 847 | 985 | 1,041 | 806 | 800 | 1,078 | 1,309 | |
255 | 180 | 259 | 312 | 455 | 465 | 499 | 563 | 548 | 577 | 742 | 880 | 959 | |
Total Liabilities | 942 | 1,026 | 1,187 | 1,323 | 1,494 | 1,832 | 1,963 | 2,249 | 2,320 | 2,362 | 2,684 | 3,329 | 3,734 |
522 | 621 | 724 | 785 | 990 | 1,228 | 1,259 | 1,491 | 1,546 | 1,511 | 1,544 | 1,626 | 1,788 | |
CWIP | 56 | 12 | 13 | 54 | 40 | 11 | 24 | 91 | 89 | 32 | 42 | 82 | 134 |
Investments | 4 | 4 | 4 | 4 | 12 | 11 | 11 | 9 | 26 | 28 | 28 | 403 | 403 |
361 | 390 | 447 | 480 | 453 | 583 | 668 | 659 | 660 | 791 | 1,070 | 1,219 | 1,408 | |
Total Assets | 942 | 1,026 | 1,187 | 1,323 | 1,494 | 1,832 | 1,963 | 2,249 | 2,320 | 2,362 | 2,684 | 3,329 | 3,734 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
306 | 356 | 322 | 566 | |||||||||
-138 | -92 | -206 | -705 | |||||||||
-128 | -296 | -120 | 131 | |||||||||
Net Cash Flow | 40 | -32 | -4 | -8 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 62 | 67 | 87 | 68 | 57 | 59 | 51 | 43 | 48 | 56 | 49 | 45 |
Inventory Days | 323 | 290 | 226 | 209 | 186 | 162 | 197 | 220 | 220 | 162 | ||
Days Payable | 300 | 270 | 266 | 289 | 232 | 172 | 177 | 195 | 165 | 139 | ||
Cash Conversion Cycle | 62 | 67 | 109 | 88 | 17 | -21 | 5 | 33 | 67 | 81 | 104 | 68 |
Working Capital Days | 44 | 114 | 78 | 52 | 11 | 20 | 20 | 10 | 35 | 51 | 59 | 42 |
ROCE % | 22% | 14% | 12% | 12% | 13% | 10% | 11% | 17% | 12% | 14% | 18% | 21% |
Documents
Announcements
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Intimation Of Cancellation Of Meeting With Analysts/Institutional
Investors.
9 Nov - Exigencies, the meeting scheduled with Invesco MF on 10th November, 2023, stands cancelled. All other scheduled meetings remain unchanged.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
7 Nov - Read with Part A of Schedule III of the SEBI (LODR) Regulations, 2015, we wish to inform you about the schedule of meetings with Analysts …
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
6 Nov - Transcript of the earnings conference call held on Tuesday, the 31st October, 2023, on the Unaudited Financial Results for the quarter and half year ended …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
31 Oct - The audio recordings of the Earnings Conference Call held on Tuesday, 31st October, 2023 at 4.00 P.M. on Unaudited Financial Results for the quarter and …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
31 Oct - Newspaper advertisement published by the Company relating to Unaudited Financial Results for the quarter and half year ended 30th September, 2023 in the English newspaper …
Annual reports
Concalls
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Nov 2023TranscriptPPTREC
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Jul 2023TranscriptPPT
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May 2023Transcript PPT
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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
IPO Details
The Company had come up with an IPO of 55.28 Lakh equity shares at a price of Rs 1490, aggregating to 824 cr. The IPO proceeds and cash accruals, were used to reduce debt of over Rs. 300 crore in FY21.[1][2]