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 ₹ 14,858 Cr.
- Current Price ₹ 6,228
- High / Low ₹ 7,121 / 3,782
- Stock P/E 52.5
- Book Value ₹ 785
- Dividend Yield 0.18 %
- ROCE 20.0 %
- ROE 20.0 %
- Face Value ₹ 5.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 25.6% CAGR over last 5 years
Cons
- Stock is trading at 7.94 times its book value
- Promoter holding has decreased over last quarter: -6.29%
* 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
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|
1,102 | 1,479 | 1,818 | 1,492 | 1,560 | 2,217 | 3,183 | 4,452 | 4,565 | |
874 | 1,185 | 1,375 | 1,095 | 1,122 | 1,683 | 2,499 | 3,573 | 3,703 | |
Operating Profit | 228 | 294 | 443 | 398 | 438 | 534 | 684 | 879 | 862 |
OPM % | 21% | 20% | 24% | 27% | 28% | 24% | 21% | 20% | 19% |
11 | 12 | 14 | 3 | 10 | 8 | 13 | 18 | 19 | |
Interest | 90 | 112 | 141 | 149 | 107 | 84 | 120 | 175 | 181 |
Depreciation | 113 | 149 | 176 | 196 | 192 | 206 | 222 | 278 | 282 |
Profit before tax | 37 | 44 | 140 | 56 | 149 | 252 | 355 | 445 | 418 |
Tax % | -117% | 28% | 30% | 28% | 35% | 35% | 29% | 24% | |
80 | 32 | 97 | 40 | 97 | 163 | 251 | 337 | 316 | |
EPS in Rs | 1,387.02 | 313.39 | 48.39 | 19.88 | 46.08 | 77.19 | 117.56 | 144.11 | 131.16 |
Dividend Payout % | 0% | 3% | 5% | 0% | 0% | 5% | 10% | 8% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 42% |
TTM: | 29% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 46% |
TTM: | 6% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 37% |
1 Year: | 38% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 19% |
Last Year: | 20% |
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 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 6 | 10 | 10 | 10 | 11 | 11 | 11 | 11 |
Reserves | 566 | 587 | 673 | 712 | 959 | 1,125 | 1,366 | 1,647 |
777 | 847 | 985 | 1,058 | 806 | 800 | 1,240 | 1,755 | |
469 | 556 | 657 | 527 | 576 | 739 | 1,190 | 1,293 | |
Total Liabilities | 1,818 | 1,999 | 2,325 | 2,307 | 2,352 | 2,675 | 3,807 | 4,706 |
1,228 | 1,323 | 1,589 | 1,546 | 1,510 | 1,544 | 2,124 | 2,567 | |
CWIP | 11 | 24 | 91 | 89 | 32 | 42 | 97 | 179 |
Investments | 3 | 4 | 4 | 3 | 2 | 3 | 3 | 4 |
576 | 648 | 642 | 669 | 807 | 1,086 | 1,583 | 1,956 | |
Total Assets | 1,818 | 1,999 | 2,325 | 2,307 | 2,352 | 2,675 | 3,807 | 4,706 |
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 | |
---|---|---|---|---|---|---|---|---|
257 | 283 | 360 | 306 | 362 | 327 | 608 | 513 | |
-319 | -210 | -359 | -138 | -95 | -209 | -683 | -625 | |
78 | -60 | -18 | -128 | -296 | -120 | 73 | 148 | |
Net Cash Flow | 16 | 12 | -17 | 40 | -28 | -2 | -2 | 36 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 57 | 50 | 42 | 48 | 56 | 49 | 61 | 47 |
Inventory Days | 217 | 168 | 203 | 222 | 221 | 187 | 160 | |
Days Payable | 285 | 172 | 175 | 193 | 163 | 155 | 120 | |
Cash Conversion Cycle | -11 | 50 | 38 | 75 | 85 | 107 | 94 | 88 |
Working Capital Days | 22 | 20 | 10 | 43 | 53 | 60 | 52 | 52 |
ROCE % | 11% | 18% | 12% | 14% | 18% | 21% | 20% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
2d - Craftsman Automation completes acquisition of Sunbeam Lightweighting Solutions.
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Appointment Of Senior Management Personnel
2d - Appointment of Mr. Ajay Battu as Senior Management Personnel.
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
7 Oct - Craftsman Automation acquires 100% interest in Sunbeam.
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
1 Oct - Acquisition of Fronberg Guss assets and shares.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
27 Sep - Outcome of analyst meeting with CLSA on 27th September.
Annual reports
Concalls
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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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Mar 2023TranscriptNotesPPT
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Oct 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
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]