Craftsman Automation Ltd

Craftsman Automation Ltd

₹ 4,831 -0.29%
24 Jun - close price
About

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]

Key Points

Market Position
Co. is the Largest player in machining of cylinder blocks and cylinder heads in the intermediate, M&HCV segment as well as in the construction equipment category[1]

  • Market Cap 10,207 Cr.
  • Current Price 4,831
  • High / Low 5,514 / 3,782
  • Stock P/E 51.8
  • Book Value 732
  • Dividend Yield 0.23 %
  • ROCE 15.0 %
  • ROE 13.5 %
  • Face Value 5.00

Pros

  • Company's median sales growth is 23.0% of last 10 years

Cons

  • Promoter holding has decreased over last 3 years: -4.77%

* 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
535 432 569 552 654 676 771 748 786 756 824 805 822
385 326 426 425 501 512 601 589 618 592 652 648 674
Operating Profit 150 106 143 127 154 163 170 158 168 163 173 157 148
OPM % 28% 25% 25% 23% 24% 24% 22% 21% 21% 22% 21% 20% 18%
3 1 1 2 5 1 2 5 4 3 5 2 5
Interest 30 22 18 20 24 25 23 30 39 36 37 39 43
Depreciation 50 49 50 52 54 53 55 54 53 58 57 59 63
Profit before tax 73 35 76 57 81 86 94 79 80 73 84 61 48
Tax % 36% 35% 35% 35% 36% 35% 35% 35% 12% 25% 26% 26% 26%
47 23 49 37 51 56 61 51 70 54 63 45 35
EPS in Rs 22.16 10.81 23.39 17.43 24.32 26.31 28.69 24.25 33.29 25.60 29.68 21.45 16.78
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
571 588 775 885 1,093 1,471 1,810 1,483 1,546 2,206 2,980 3,208
414 434 579 661 870 1,196 1,395 1,088 1,112 1,681 2,321 2,566
Operating Profit 157 154 195 225 223 275 414 395 434 526 659 642
OPM % 28% 26% 25% 25% 20% 19% 23% 27% 28% 24% 22% 20%
2 9 1 6 11 15 13 3 13 13 12 15
Interest 51 53 62 76 90 109 131 149 107 84 117 155
Depreciation 49 58 83 102 112 136 158 196 192 206 215 236
Profit before tax 59 51 51 52 32 45 138 54 148 248 339 266
Tax % 29% 17% -2% 25% -133% 29% 32% 32% 34% 35% 30% 26%
42 43 53 39 75 32 94 37 97 160 238 198
EPS in Rs 734.39 739.61 913.55 676.99 1,311.36 319.35 46.81 18.21 45.80 75.94 112.53 93.52
Dividend Payout % 1% 1% 1% 2% 1% 16% 5% 0% 0% 5% 10% 12%
Compounded Sales Growth
10 Years: 19%
5 Years: 12%
3 Years: 28%
TTM: 8%
Compounded Profit Growth
10 Years: 16%
5 Years: 16%
3 Years: 27%
TTM: -17%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 40%
1 Year: 22%
Return on Equity
10 Years: 13%
5 Years: 14%
3 Years: 16%
Last Year: 14%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 6 6 6 6 6 10 10 10 11 11 11 11
Reserves 330 372 423 512 584 607 691 722 968 1,132 1,361 1,535
510 551 582 521 777 847 985 1,041 806 800 1,078 1,610
180 259 312 455 465 499 563 548 577 742 880 1,023
Total Liabilities 1,026 1,187 1,323 1,494 1,832 1,963 2,249 2,320 2,362 2,684 3,329 4,179
621 724 785 990 1,228 1,259 1,491 1,546 1,511 1,544 1,626 2,085
CWIP 12 13 54 40 11 24 91 89 32 42 82 165
Investments 4 4 4 12 11 11 9 26 28 28 403 403
390 447 480 453 583 668 659 660 791 1,070 1,219 1,527
Total Assets 1,026 1,187 1,323 1,494 1,832 1,963 2,249 2,320 2,362 2,684 3,329 4,179

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
306 356 322 566 397
-138 -92 -206 -705 -573
-128 -296 -120 131 186
Net Cash Flow 40 -32 -4 -8 9

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 67 87 68 57 59 51 43 48 56 49 45 46
Inventory Days 323 290 226 209 186 162 197 220 220 162 192
Days Payable 300 270 266 289 232 172 177 195 165 139 153
Cash Conversion Cycle 67 109 88 17 -21 5 33 67 81 104 68 85
Working Capital Days 114 78 52 11 20 20 10 35 51 59 42 48
ROCE % 14% 12% 12% 13% 10% 11% 17% 12% 14% 18% 21% 15%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
59.76% 59.76% 59.76% 59.48% 58.77% 58.77% 58.77% 54.99% 54.99% 54.99% 54.99% 48.70%
3.73% 3.70% 3.55% 3.91% 4.26% 9.33% 8.79% 12.10% 12.68% 12.52% 12.55% 15.46%
14.35% 14.50% 14.82% 15.41% 16.34% 15.84% 16.55% 17.20% 17.28% 17.23% 16.00% 21.04%
22.16% 22.03% 21.87% 21.19% 20.60% 16.04% 15.87% 15.72% 15.04% 15.26% 16.45% 14.79%
No. of Shareholders 67,64163,38860,14065,90369,76379,03276,21476,64179,17682,69585,91481,973

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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