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 ₹ 24,198 Cr.
- Current Price ₹ 9,252
- High / Low ₹ 9,938 / 5,382
- Stock P/E 63.3
- Book Value ₹ 1,368
- Dividend Yield 0.12 %
- ROCE 13.9 %
- ROE 12.5 %
- Face Value ₹ 5.00
Pros
- Company is expected to give good quarter
Cons
- Promoter holding has decreased over last quarter: -4.28%
- Company has a low return on equity of 13.1% over last 3 years.
* 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1,102 | 1,479 | 1,818 | 1,492 | 1,560 | 2,217 | 3,183 | 4,452 | 5,690 | 8,069 | |
| 874 | 1,185 | 1,375 | 1,095 | 1,122 | 1,683 | 2,499 | 3,573 | 4,857 | 6,832 | |
| Operating Profit | 228 | 294 | 443 | 398 | 438 | 534 | 684 | 879 | 833 | 1,238 |
| OPM % | 21% | 20% | 24% | 27% | 28% | 24% | 21% | 20% | 15% | 15% |
| 11 | 12 | 14 | 3 | 10 | 8 | 13 | 18 | 0 | 50 | |
| Interest | 90 | 112 | 141 | 149 | 107 | 84 | 120 | 175 | 217 | 309 |
| Depreciation | 113 | 149 | 176 | 196 | 192 | 206 | 222 | 278 | 347 | 444 |
| Profit before tax | 37 | 44 | 140 | 56 | 149 | 252 | 355 | 445 | 270 | 534 |
| Tax % | -117% | 28% | 30% | 28% | 35% | 35% | 29% | 24% | 26% | 28% |
| 80 | 32 | 97 | 40 | 97 | 163 | 251 | 337 | 201 | 384 | |
| EPS in Rs | 1,387.02 | 313.39 | 48.39 | 19.88 | 46.08 | 77.19 | 117.56 | 144.11 | 81.56 | 160.96 |
| Dividend Payout % | 0% | 3% | 5% | 0% | 0% | 5% | 10% | 8% | 6% | 7% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 39% |
| 3 Years: | 36% |
| TTM: | 42% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 16% |
| TTM: | 80% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 40% |
| 3 Years: | 31% |
| 1 Year: | 69% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 14% |
| 3 Years: | 13% |
| Last Year: | 12% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 3,252 |
| 777 | 847 | 985 | 1,058 | 806 | 800 | 1,240 | 1,755 | 2,358 | 3,623 | |
| 469 | 556 | 657 | 527 | 576 | 739 | 1,190 | 1,293 | 1,902 | 2,091 | |
| Total Liabilities | 1,818 | 1,999 | 2,325 | 2,307 | 2,352 | 2,675 | 3,807 | 4,706 | 7,116 | 8,978 |
| 1,228 | 1,323 | 1,589 | 1,546 | 1,510 | 1,544 | 2,124 | 2,567 | 3,670 | 4,676 | |
| CWIP | 11 | 24 | 91 | 89 | 32 | 42 | 97 | 179 | 345 | 382 |
| Investments | 3 | 4 | 4 | 3 | 2 | 3 | 3 | 4 | 11 | 14 |
| 576 | 648 | 642 | 669 | 807 | 1,086 | 1,583 | 1,956 | 3,090 | 3,906 | |
| Total Assets | 1,818 | 1,999 | 2,325 | 2,307 | 2,352 | 2,675 | 3,807 | 4,706 | 7,116 | 8,978 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 257 | 283 | 360 | 306 | 362 | 327 | 608 | 513 | 283 | 522 | |
| -319 | -210 | -359 | -138 | -95 | -209 | -683 | -625 | -1,643 | -1,302 | |
| 78 | -60 | -18 | -128 | -296 | -120 | 73 | 148 | 1,393 | 827 | |
| Net Cash Flow | 16 | 12 | -17 | 40 | -28 | -2 | -2 | 36 | 34 | 47 |
| Free Cash Flow | -64 | 71 | -0 | 167 | 266 | 117 | 268 | -115 | -706 | -647 |
| CFO/OP | 114% | 100% | 87% | 82% | 88% | 68% | 100% | 75% | 43% | 50% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 57 | 50 | 42 | 48 | 56 | 49 | 61 | 47 | 59 | 50 |
| Inventory Days | 217 | 168 | 203 | 222 | 221 | 187 | 160 | 157 | 145 | |
| Days Payable | 285 | 172 | 175 | 193 | 163 | 155 | 123 | 157 | 121 | |
| Cash Conversion Cycle | -11 | 50 | 38 | 75 | 85 | 107 | 94 | 84 | 59 | 74 |
| Working Capital Days | 22 | 20 | 10 | 43 | -14 | 1 | 23 | 14 | 2 | 1 |
| ROCE % | 11% | 18% | 12% | 14% | 18% | 21% | 20% | 12% | 14% |
Insights
In beta| Dec 2025 | |
|---|---|
| Alloy Wheel Installed Capacity Million |
|
| Gross Current Assets (GCA) Days |
|
| Manufacturing Facilities count Number |
|
| Market Position - Static Racking Rank |
|
| Receivables Period Months |
|
| Total Built-up Area Million Sq. Ft. |
Extracted by Screener AI
Documents
Announcements
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
1d - Promoter Srinivasan Ravi sold 5.25 lakh Craftsman Automation shares on 23 June 2026; holding fell to 38.14%.
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Disclosure Under Regulation 29(2) Of The SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011
1d - Promoter-chairman Srinivasan Ravi sold 5,25,000 shares on 23 June 2026, reducing holding to 38.14%.
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Disclosures Under Regulation 7(2) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015
1d - Promoter Srinivasan Ravi sold 5,25,000 shares on 23 June 2026; holding fell to 38.14%.
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Announcement under Regulation 30 (LODR)-Qualified Institutional Placement
18 Jun - Craftsman Automation allotted 22,98,850 shares via QIP at Rs.8,700, raising about Rs.2,000 crore.
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We Wish To Inform You That The Fund Raising Committee At Its Meeting Held Today, I.E., 18Th June, 2026, Has Allotted Equity Shares Of The Company To The Eligible Qualified Institutional Buyers.
18 Jun - Craftsman Automation allotted 22,98,850 shares via QIP, raising about Rs. 1,999.95 crore.
Annual reports
Concalls
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May 2026Transcript PPT REC
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Feb 2026Transcript PPT
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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 2025TranscriptAI SummaryPPT
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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 2023TranscriptAI SummaryPPT
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Jan 2023TranscriptPPT
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Oct 2022TranscriptPPT
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Oct 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]