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 ₹ 17,604 Cr.
- Current Price ₹ 7,380
- High / Low ₹ 7,447 / 3,700
- Stock P/E 67.6
- Book Value ₹ 1,270
- Dividend Yield 0.07 %
- ROCE 11.7 %
- ROE 9.41 %
- Face Value ₹ 5.00
Pros
- Company is expected to give good quarter
Cons
- Dividend payout has been low at 7.83% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1,102 | 1,479 | 1,818 | 1,492 | 1,560 | 2,217 | 3,183 | 4,452 | 5,690 | 7,111 | |
| 874 | 1,185 | 1,375 | 1,095 | 1,122 | 1,683 | 2,499 | 3,573 | 4,857 | 6,101 | |
| Operating Profit | 228 | 294 | 443 | 398 | 438 | 534 | 684 | 879 | 833 | 1,009 |
| OPM % | 21% | 20% | 24% | 27% | 28% | 24% | 21% | 20% | 15% | 14% |
| 11 | 12 | 14 | 3 | 10 | 8 | 13 | 18 | 0 | -5 | |
| Interest | 90 | 112 | 141 | 149 | 107 | 84 | 120 | 175 | 217 | 269 |
| Depreciation | 113 | 149 | 176 | 196 | 192 | 206 | 222 | 278 | 347 | 409 |
| Profit before tax | 37 | 44 | 140 | 56 | 149 | 252 | 355 | 445 | 270 | 326 |
| Tax % | -117% | 28% | 30% | 28% | 35% | 35% | 29% | 24% | 26% | |
| 80 | 32 | 97 | 40 | 97 | 163 | 251 | 337 | 201 | 240 | |
| EPS in Rs | 1,387.02 | 313.39 | 48.39 | 19.88 | 46.08 | 77.19 | 117.56 | 144.11 | 81.56 | 100.68 |
| Dividend Payout % | 0% | 3% | 5% | 0% | 0% | 5% | 10% | 8% | 6% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 37% |
| TTM: | 55% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 9% |
| TTM: | 4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 31% |
| 1 Year: | 36% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 15% |
| Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 10 | 10 | 10 | 11 | 11 | 11 | 11 | 12 | 12 |
| Reserves | 566 | 587 | 673 | 712 | 959 | 1,125 | 1,366 | 1,647 | 2,845 | 3,018 |
| 777 | 847 | 985 | 1,058 | 806 | 800 | 1,240 | 1,755 | 2,358 | 3,311 | |
| 469 | 556 | 657 | 527 | 576 | 739 | 1,190 | 1,293 | 1,902 | 1,925 | |
| Total Liabilities | 1,818 | 1,999 | 2,325 | 2,307 | 2,352 | 2,675 | 3,807 | 4,706 | 7,116 | 8,266 |
| 1,228 | 1,323 | 1,589 | 1,546 | 1,510 | 1,544 | 2,124 | 2,567 | 3,670 | 4,020 | |
| CWIP | 11 | 24 | 91 | 89 | 32 | 42 | 97 | 179 | 345 | 453 |
| Investments | 3 | 4 | 4 | 3 | 2 | 3 | 3 | 4 | 11 | 13 |
| 576 | 648 | 642 | 669 | 807 | 1,086 | 1,583 | 1,956 | 3,090 | 3,780 | |
| Total Assets | 1,818 | 1,999 | 2,325 | 2,307 | 2,352 | 2,675 | 3,807 | 4,706 | 7,116 | 8,266 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| 257 | 283 | 360 | 306 | 362 | 327 | 608 | 513 | 283 | |
| -319 | -210 | -359 | -138 | -95 | -209 | -683 | -625 | -1,643 | |
| 78 | -60 | -18 | -128 | -296 | -120 | 73 | 148 | 1,393 | |
| Net Cash Flow | 16 | 12 | -17 | 40 | -28 | -2 | -2 | 36 | 34 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 57 | 50 | 42 | 48 | 56 | 49 | 61 | 47 | 59 |
| Inventory Days | 217 | 168 | 203 | 222 | 221 | 187 | 160 | 157 | |
| Days Payable | 285 | 172 | 175 | 193 | 163 | 155 | 123 | 157 | |
| Cash Conversion Cycle | -11 | 50 | 38 | 75 | 85 | 107 | 94 | 84 | 59 |
| Working Capital Days | 22 | 20 | 10 | 43 | -14 | 1 | 23 | 14 | 2 |
| ROCE % | 11% | 18% | 12% | 14% | 18% | 21% | 20% | 12% |
Documents
Announcements
- Closure of Trading Window 2d
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
25 Dec - Further equity investment of Rs.9,230 (923 shares, 4.61%); stake now 10.39% in Viksha Green Energy.
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Completion Of Acquisition Of Suprash Developers Private Limited, Along With Its Wholly Owned Subsidiary, Srikara Technologies Private Limited By DR Axion India Private Limited;
20 Dec - DR Axion completed acquisition of 100% equity of Suprash Developers and subsidiary on 20 Dec 2025.
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
19 Dec - Invest Rs.2,57,12,000 for ≥26% stake in EGSEPL; PPA executed; completion by 31-Mar-2026.
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Conversion Of The Compulsorily Convertible Preference Shares (CCPS) And Optionally Convertible Debentures (Ocds) Of Sunbeam Lightweighting Solutions Private Limited ('Sunbeam'), The Wholly Owned Subsidiary, Into Equity Shares Of Sunbeam
19 Dec - 19-Dec-2025: Sunbeam converted 13,53,80,000 CCPS and 37,60,00,000 OCDs to equity; Craftsman remains 100% owner.
Annual reports
Concalls
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Nov 2025Transcript PPT REC
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May 2025TranscriptAI SummaryPPT
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May 2024TranscriptPPTREC
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Nov 2023TranscriptPPTREC
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Mar 2023TranscriptAI SummaryPPT
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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]