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Craftsman Automation Q2 FY27 Share Price & Earnings Call Analysis

₹10,271.00-5.19% today
Market cap
₹26,863 Cr
P/E
57.36
ROE
12.49%
PEG
3.70
Price to sales
3.09
Debt to equity
1.11
52W high / low
₹11,851 / ₹6,546
Sales growth (5Y)
38.91%
EBITDA margin
15.56%
Net profit margin
4.74%
Promoter holding
42.41%
Sales (last year)
₹8,717 Cr

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]

Guidance scorecard · Q2 FY27 call

What Craftsman Automation Ltd's management guided
and where it ranks in Auto Components

Revenue10–20%MarginsFlatCapexPlannedFundraisingPlannedOrder bookRising

RevenueQ4 FY26 call

10–20%
  • Craftsman Automation expects double-digit revenue growth, likely in the mid-teens, for FY 2027, assuming aluminum prices remain stable.
  • Powertrain segment is projected to reach $100 million in revenue by FY 2029-30, with strong order books and potential for Phase 2 expansion.
  • Aluminum business is likely to reach $1 billion in 2-3 years, sensitive to aluminum prices, with margin improvements expected once capex slows down.
  • Alloy wheel capacity utilization is expected to grow from current ~3 million to about 4 million units next year (70-80% utilization).
  • The new powertrain business has low current capacity utilization but anticipates meaningful growth by FY 2029-30.

2 more points from Craftsman Automation Ltd's call on revenue

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Full Q4 FY26 analysis

MarginsQ4 FY26 call

Flat

See what Craftsman Automation Ltd said on margins — free account, 30 seconds.

Full Q4 FY26 analysis

CapexQ4 FY26 call

Planned
  • Capex in FY 2027 is still undecided, with a review planned in September based on order intake.
  • Future capex will be managed prudently due to high costs of land and construction; example: DR Axion’s greenfield land cost around INR 150 crore.
  • Investments continue in aluminum business expansion, including merging entities (Sunbeam, DR Axion, Craftsman) for synergy and scale.
  • Powertrain segment capex ongoing, with a planned Phase 2 decision by September; incremental investments at foundry and machining sites.
  • Expansion of alloy wheel capacity on hold; decision on further expansion expected after the financial year.

2 more points from Craftsman Automation Ltd's call on capex

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Full Q4 FY26 analysis

FundraisingQ4 FY26 call

Planned

See what Craftsman Automation Ltd said on fundraising — free account, 30 seconds.

Full Q4 FY26 analysis

Order bookQ4 FY26 call

Rising
  • The powertrain segment has an order book finalized for the first $100 million, on track to be achieved by FY 2029-30.
  • The inquiry momentum for the second phase of powertrain expansion is strong, indicating potential further growth beyond $100 million revenue.
  • DR Axion has received more orders from existing customers and additional Indian OEMs, leading to capacity expansion.
  • Alloy wheel business maintains strong current run rate (~3 million units annualized) with capacity utilization about 70-80%, and expected ramp-up to ~4 million units next year.
  • New powertrain business for large engines is at pilot/sample stage with capacity utilization around 10%, expected to gain traction by FY 2029-30.

2 more points from Craftsman Automation Ltd's call on the order book

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Full Q4 FY26 analysis
Full Auto Components ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Auto Components
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Craftsman Automation Ltd rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Auto Components companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Flat₹3,020 Cr47.8
240%+Flat₹1,998 Cr63.5
340%+Flat₹428 Cr17.5
420–40%Up 2%+₹25,721 Cr73.8
520–40%Up 2%+₹13,417 Cr40.5
620–40%Up 0–2%₹23,344 Cr37.6

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Pro shows every company guiding 40%+ revenue growth →Full Auto Components ranking

Financials of Craftsman Automation Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Craftsman Automation Ltd

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +54.99%54.99%48.70%48.70%48.70%48.70%48.70%48.70%48.70%48.70%42.41%42.41%
FIIs +12.52%12.55%15.76%16.61%16.99%15.64%15.83%15.44%16.02%15.19%17.28%16.46%
DIIs +17.23%16.00%21.45%21.53%21.00%22.72%22.67%24.37%25.25%28.29%32.90%33.63%
Public +15.26%16.45%14.08%13.14%13.30%12.94%12.81%11.49%10.04%7.82%7.41%7.49%
No. of Shareholders82,69585,91479,49872,49474,06172,90865,34159,94964,69459,16464,02867,569

Financials of Craftsman Automation Ltd

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +1,1791,1301,1051,1511,2141,5761,7491,7842,0022,0572,2262,4322,945
Expenses +9429108989541,0211,3771,5061,5191,7001,7451,8682,0482,553
Operating Profit238220207197193199244265302312359384392
OPM %20%19%19%17%16%13%14%15%15%15%16%16%13%
Other Income +54657-6-5-3924192420
Interest42444649415868667779868680
Depreciation677072727610395102109115118120126
Profit before tax134109948182317694125142173201205
Tax %22%26%25%26%25%59%12%26%28%25%33%25%25%
Net Profit +1048171596213677091107116151153
EPS in Rs44.7534.6129.5022.3025.865.4227.9929.1838.0944.9048.8057.5658.57

Financials of Craftsman Automation Ltd

Profit & Loss

Annual income statement trend

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +1,1021,4791,8181,4921,5602,2173,1834,4525,6908,0699,660
Expenses +8741,1851,3751,0951,1221,6832,4993,5734,8576,8328,214
Operating Profit2282944433984385346848798331,2381,446
OPM %21%20%24%27%28%24%21%20%15%15%15%
Other Income +1112143108131805087
Interest9011214114910784120175217309332
Depreciation113149176196192206222278347444480
Profit before tax374414056149252355445270534722
Tax %-117%28%30%28%35%35%29%24%26%28%
Net Profit +8032974097163251337201384527
EPS in Rs39.8715.6948.3919.8846.0877.19117.56144.1181.56160.96209.83
Dividend Payout %0%3%5%0%0%5%10%8%6%7%

Financials of Craftsman Automation Ltd

Balance Sheet

Capital structure and asset base

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital610101011111111121213
Reserves5665876737129591,1251,3661,6472,8453,2525,498
Borrowings +7778479851,0588068001,2401,7552,3583,6233,893
Other Liabilities +4695566575275767391,1901,2931,9022,0912,548
Total Liabilities1,8181,9992,3252,3072,3522,6753,8074,7067,1168,97811,951
Fixed Assets +1,2281,3231,5891,5461,5101,5442,1242,5673,6704,6765,204
CWIP11249189324297179345382733
Investments34432334111418
Other Assets +5766486426698071,0861,5831,9563,0903,9065,996
Total Assets1,8181,9992,3252,3072,3522,6753,8074,7067,1168,97811,951

Financials of Craftsman Automation Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +257283360306362327608513283522
Cash from Investing Activity +-319-210-359-138-95-209-683-625-1,643-1,302
Cash from Financing Activity +78-60-18-128-296-120731481,393827
Net Cash Flow1612-1740-28-2-2363447
Free Cash Flow-6471-0167266117268-115-706-647
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit114%100%87%82%88%68%100%75%43%50%

Financials of Craftsman Automation Ltd

Ratios

Working capital efficiency and return ratios

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days57504248564961475950
Inventory Days217168203222221187160157145
Days Payable285172175193163155123157121
Cash Conversion Cycle-115038758510794845974
Working Capital Days22201043-141231421
ROCE %11%18%12%14%18%21%20%12%14%

Guidance history

How Craftsman Automation Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q4 FY26 call →10–20%FlatPlannedPlannedRising
Q3 FY26 call →10–20%FlatPlannedPlannedRising
Q2 FY26 call →20–40%FlatPlanned—Rising

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

83out of 100

Momentum score · price trend

83 out of 100 — Strengthening

Over the past year its share price has done better than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months+54.4%87%
Last 6 months+33.6%84%
Last 3 months+4.0%74%
How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Craftsman Automation Ltd: 0.4 × 87 + 0.4 × 84 + 0.2 × 74 = 83.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What Craftsman Automation Ltd's management said in earlier quarters

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