Jyoti CNC Automation Ltd
Jyoti CNC Automation is a leading manufacturer of simultaneous 5-axis CNC machines in India, with a 10% market share in the country. It has years of expertise in designing & manufacturing tools for companies in Aerospace, Defence, Auto Components, General Engineering and other industries.[1]
- Market Cap ₹ 18,115 Cr.
- Current Price ₹ 797
- High / Low ₹ 1,084 / 580
- Stock P/E 53.9
- Book Value ₹ 88.0
- Dividend Yield 0.00 %
- ROCE 21.3 %
- ROE 18.2 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 44.7% CAGR over last 5 years
Cons
- Stock is trading at 9.05 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 965 | 687 | 532 | 746 | 929 | 1,338 | 1,818 | 2,093 | |
| 874 | 680 | 507 | 674 | 852 | 1,038 | 1,327 | 1,566 | |
| Operating Profit | 92 | 7 | 25 | 73 | 77 | 301 | 491 | 527 |
| OPM % | 9% | 1% | 5% | 10% | 8% | 22% | 27% | 25% |
| 55 | 44 | 10 | 4 | 54 | 6 | 5 | 60 | |
| Interest | 73 | 71 | 76 | 82 | 90 | 90 | 42 | 70 |
| Depreciation | 36 | 37 | 38 | 36 | 34 | 33 | 36 | 50 |
| Profit before tax | 38 | -58 | -79 | -42 | 7 | 185 | 418 | 467 |
| Tax % | 52% | -13% | -2% | 16% | 175% | 18% | 24% | 28% |
| 18 | -50 | -77 | -48 | -5 | 151 | 316 | 336 | |
| EPS in Rs | 6.27 | -17.07 | -26.19 | -16.38 | -1.66 | 6.63 | 13.90 | 14.77 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 31% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 45% |
| 3 Years: | 157% |
| TTM: | 4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 20% |
| Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 29 | 29 | 29 | 29 | 33 | 45 | 45 | 45 |
| Reserves | 216 | 160 | 77 | 12 | 49 | 1,319 | 1,641 | 1,956 |
| 579 | 648 | 722 | 792 | 835 | 304 | 497 | 853 | |
| 423 | 469 | 552 | 453 | 598 | 510 | 609 | 761 | |
| Total Liabilities | 1,247 | 1,307 | 1,381 | 1,286 | 1,515 | 2,178 | 2,792 | 3,615 |
| 344 | 344 | 322 | 292 | 283 | 322 | 469 | 746 | |
| CWIP | 34 | 56 | 54 | 5 | 15 | 58 | 184 | 89 |
| Investments | 1 | 0 | 2 | 2 | 3 | 4 | 0 | 16 |
| 868 | 906 | 1,003 | 986 | 1,214 | 1,795 | 2,139 | 2,764 | |
| Total Assets | 1,247 | 1,307 | 1,381 | 1,286 | 1,515 | 2,178 | 2,792 | 3,615 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 144 | 25 | 28 | 39 | 42 | -48 | -105 | 54 | |
| 54 | -36 | -18 | -31 | -32 | -170 | -329 | -302 | |
| -191 | -2 | -3 | -15 | 3 | 505 | 145 | 287 | |
| Net Cash Flow | 8 | -13 | 7 | -8 | 14 | 286 | -289 | 39 |
| Free Cash Flow | 200 | -11 | 14 | -2 | 8 | -163 | -415 | -269 |
| CFO/OP | 168% | 487% | 115% | 54% | 64% | 1% | -4% | 34% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 66 | 105 | 149 | 98 | 57 | 68 | 98 | 104 |
| Inventory Days | 393 | 587 | 888 | 551 | 543 | 469 | 378 | 453 |
| Days Payable | 168 | 255 | 406 | 257 | 273 | 201 | 172 | 198 |
| Cash Conversion Cycle | 292 | 437 | 632 | 392 | 327 | 336 | 304 | 359 |
| Working Capital Days | 4 | -34 | -63 | -67 | -48 | 181 | 203 | 234 |
| ROCE % | -2% | -0% | 5% | 8% | 21% | 24% | 21% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Installed Capacity machines p.a. |
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| Number of Machines Sold machines |
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| Capacity Utilization % |
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| Aerospace & Defence Share of Revenue % |
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| Cumulative Machines Installed Globally machines |
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| Order Book (Outstanding) INR Cr |
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| Sales & Service Centers in India centers |
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| Order Intake INR Cr |
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Extracted by Screener AI
Documents
Announcements
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Closure of Trading Window
30 Jun - Trading window closed from July 1, 2026 until 48 hours after Q1 FY27 results.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
20 Jun - Intimation of Schedule of Analyst / Institutional Investors' Meetings as attached herewith
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
4 Jun - Earning Call Transcript for the Earning Call held on May 29, 2026 is as attached herewith
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Update On Litigation
31 May - CGST appeal allowed; ₹4.46 crore demand set aside, company eligible for refund.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Newspaper Publication of Financial Results for the quarter and year ended on March 31, 2026 is attached herewith
Annual reports
Concalls
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Jun 2026Transcript PPT REC
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Feb 2026Transcript PPT REC
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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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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT REC
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Feb 2024Transcript PPT
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Feb 2024TranscriptAI SummaryPPT
Business Verticals
A) CNC Machines: [1] [2]
The company offers 200+ product variants across 44 product verticals spanning entry-level, mid-range, and high-end CNC machines. The portfolio includes CNC Turning/Turn-Mill Centres, CNC Vertical Machining Centres, CNC Horizontal Machining Centres, CNC 5-Axis Machining Centres, and CNC Multi-Tasking Machines. End markets served include aerospace and defence, automobile, electronics, railways, die and mould, infrastructure, oil and gas, healthcare, pump and valves, power, and agriculture.
The company executed 5,550 machines in FY26 vs 4,072 in FY25, at an average standalone realisation of Rs. 35.62 lakh per machine in FY26. [3] [4] [5]