Craftsman Automation files BRSR for FY26 with zero fatalities

2 min read     Updated on 29 Jun 2026, 05:50 PM
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Reviewed by
Shriram SScanX News Team
AI Summary

Craftsman Automation Limited filed its Business Responsibility and Sustainability Report for FY26, reporting zero fatalities and full compliance with environmental laws. The company achieved a 46% renewable energy share, improved emission intensity, and recorded zero instances of sexual harassment or child labour.

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Craftsman Automation Limited filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, with the stock exchanges. The report outlines the company's environmental, social, and governance (ESG) performance, highlighting a focus on occupational safety, energy efficiency, and stakeholder engagement. The company reported zero fatalities across its operations for the year and maintained full compliance with applicable environmental laws.

Operational and Financial Overview

The company operates 20 plants and 3 offices nationally, serving 28 states and 8 union territories in India alongside 22 international markets. Exports contributed 5.6% to the total turnover. For the financial year, the reported turnover was ₹4,81,808 lakhs, and the net worth stood at ₹2,95,608 lakhs. Craftsman Automation's workforce comprised 1,108 permanent employees and 2,115 permanent workers, with women representing 3.52% of the total employee strength.

Environmental Performance

Craftsman Automation reported a total energy consumption of 8,84,307.57 GJ for FY26, with renewable sources accounting for 4,06,565.89 GJ. The company achieved a 46% share of renewable energy in total electricity consumption through rooftop solar and green power sourcing. Total Scope 1 emissions were 39,563.44 metric tonnes of CO2 equivalent, while Scope 2 emissions were 77,201.74 metric tonnes of CO2 equivalent. The combined emission intensity per rupee of turnover improved to 0.24 metric tonnes of CO2 equivalent per ₹lakh from 0.32 in the previous year.

Water withdrawal totaled 3,64,830.29 kilolitres, with consumption at 2,54,018.96 kilolitres. The company generated 74,454.29 metric tonnes of waste, of which 73,103.07 metric tonnes were recycled. TUV India Private Limited provided reasonable assurance on the energy, water, and GHG emissions data.

Social and Governance Metrics

The company recorded zero instances of sexual harassment, child labour, or forced labour. Lost Time Injury Frequency Rate (LTIFR) stood at 0.134 for employees and 0.12 for workers. Craftsman Automation spent 0.88% of its total revenue on employee well-being measures. The Board of Directors provides oversight on sustainability matters, supported by the Risk Management Committee and the CSR Committee.

Key Metric FY 2025-26
Total Energy Consumption (GJ) 8,84,307.57
Renewable Energy Consumption (GJ) 4,06,565.89
Total Scope 1 & 2 Emissions (MT CO2e) 1,16,765.18
Water Withdrawal (Kilolitres) 3,64,830.29
Total Waste Generated (MT) 74,454.29
Permanent Employees 1,108
Permanent Workers 2,115

The report confirms that no fines or penalties were paid to regulators during the financial year. The company continues to pursue ESG targets, including 100% ESG due diligence of critical suppliers by FY 2029–30.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE00LO01017/3bff4f3f2340404b.pdf

Historical Stock Returns for Craftsman Automation

1 Day5 Days1 Month6 Months1 Year5 Years
-1.69%-1.44%+1.56%+13.80%+58.66%+391.86%

What specific strategies will Craftsman Automation implement to achieve 100% ESG due diligence for critical suppliers by FY 2029-30?

How does the company plan to further increase its renewable energy share beyond the current 46% to meet future decarbonization goals?

Will the company set Science-Based Targets (SBTi) for reducing absolute Scope 1 and 2 emissions following the recent improvement in emission intensity?

Craftsman Automation Delivers Strong FY 2025-26 Performance; Consolidated Revenue Crosses ₹8,000 Crores

5 min read     Updated on 27 Jun 2026, 06:14 PM
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Reviewed by
Ashish TScanX News Team
AI Summary

Craftsman Automation Limited reported standalone operating revenue of ₹4,818.08 Crores and PAT of ₹221.47 Crores for FY 2025-26, compared to ₹3,847.95 Crores and ₹93.69 Crores respectively in FY 2024-25. On a consolidated basis, revenue grew to ₹8,069.27 Crores from ₹5,690.48 Crores, with PAT rising to ₹383.99 Crores from ₹200.87 Crores. The Board recommended a final dividend of ₹11.25 per share for FY 2025-26, with a total outlay of ₹26.84 Crores, subject to shareholder approval. CRISIL reaffirmed the company's long-term credit rating at AA-/Stable and short-term rating at A1+.

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Craftsman Automation Limited has submitted its Annual Report for the financial year ended 31st March, 2026, reporting a strong improvement across both standalone and consolidated financial metrics. The Coimbatore-based precision engineering company, which operates across Automotive Powertrain, Aluminium Products, and Industrial & Engineering segments, posted significant year-on-year growth in revenue and profitability, driven by record automobile industry volumes and expanding subsidiary operations.

Financial Highlights: Standalone Performance

On a standalone basis, Craftsman Automation delivered a notable improvement in all key financial parameters for FY 2025-26. The following table summarises the standalone financial performance:

Metric: FY 2025-26 FY 2024-25
Operating Revenue: ₹4,818.08 Crores ₹3,847.95 Crores
EBITDA: ₹876.46 Crores ₹588.58 Crores
Profit Before Tax (PBT): ₹300.98 Crores ₹127.55 Crores
Profit After Tax (PAT): ₹221.47 Crores ₹93.69 Crores
Finance Cost: ₹247.95 Crores ₹193.16 Crores
Depreciation & Amortization: ₹324.52 Crores ₹267.87 Crores

Standalone turnover grew by 25% to ₹4,81,808 Lakhs, with PBT at ₹30,098 Lakhs and PAT at ₹22,147 Lakhs. Basic and diluted earnings per share stood at ₹92.84 for the year ended 31st March, 2026.

Financial Highlights: Consolidated Performance

The consolidated financial statements, which include results from all wholly owned subsidiaries and a joint venture, reflect the expanded scale of the group following strategic acquisitions in recent years. The table below presents the consolidated performance:

Metric: FY 2025-26 FY 2024-25
Operating Revenue: ₹8,069.27 Crores ₹5,690.48 Crores
EBITDA: ₹1,300.07 Crores ₹858.78 Crores
Profit Before Tax (PBT): ₹534.3 Crores ₹269.65 Crores
Profit After Tax (PAT): ₹383.99 Crores ₹200.87 Crores
Finance Cost: ₹308.97 Crores ₹216.64 Crores
Depreciation & Amortization: ₹443.85 Crores ₹347.02 Crores

Consolidated basic and diluted earnings per share stood at ₹160.96 for FY 2025-26. The paid-up share capital of the Company as on 31st March, 2026 was ₹11,92,77,915 divided into 2,38,55,583 equity shares of ₹5 each fully paid up.

Segment-Wise Performance

The company's three core business segments all reported revenue growth during FY 2025-26. The table below presents standalone segment-wise sales and EBIT margins:

Segment: FY 2025-26 Sales (₹ Crs) FY 2025-26 EBIT (%) FY 2024-25 Sales (₹ Crs) FY 2024-25 EBIT (%)
Automotive Powertrain: 1,837 19% 1,683 19%
Aluminium Products: 1,801 13% 1,160 14%
Industrial & Engineering: 1,107 4% 838 6%
Others: 73 — 167 —

The Automotive Powertrain segment continues to benefit from strong OEM relationships across M&HCV, tractor, passenger vehicle, and off-highway segments. The Aluminium Products segment expanded its footprint through the strategic inclusion of DR Axion India Limited and Sunbeam Lightweighting Solutions Limited. The Industrial & Engineering segment secured large orders from pharma, automotive, and cold chain industries, broadening its sectoral exposure.

Subsidiary Performance

The consolidated financial statements include results from multiple wholly owned subsidiaries. Key highlights are presented below:

Subsidiary: FY 2025-26 Turnover FY 2024-25 Turnover FY 2025-26 Profit/(Loss) FY 2024-25 Profit/(Loss)
DR Axion India Limited: ₹1,618.68 Crores ₹1,298.52 Crores ₹186.48 Crores ₹127.12 Crores
Sunbeam Lightweighting Solutions Limited: ₹1,396.96 Crores ₹1,237.46 Crores Loss of ₹40.36 Crores Loss of ₹53.13 Crores
Craftsman Germany GmbH (with subsidiaries): ₹345.98 Crores (€335.13 Lakhs) ₹130.54 Crores (€143.30 Lakhs) ₹16.68 Crores ₹1.17 Crores
Craftsman Europe B.V.: ₹21.96 Crores (€21.24 Lakhs) ₹13.20 Crores (€14.56 Lakhs) ₹2.74 Crores ₹0.85 Crores
Suprash Developers Private Limited: ₹0.79 Crores Nil ₹0.77 Crores Nil
Srikara Technologies Private Limited: ₹0.77 Crores Nil ₹0.74 Crores Nil

Carl Stahl Craftsman Enterprises Private Limited, the joint venture in which the company holds a 30% stake, posted a turnover of ₹90.30 Crores in FY 2025-26 against ₹78.36 Crores in FY 2024-25, with profit of ₹3.74 Crores compared to ₹3.33 Crores.

Key Corporate Developments

During FY 2025-26, DR Axion India Limited acquired 100% of the paid-up equity share capital of Suprash Developers Private Limited for a total consideration of ₹1,45,84,69,800, with effect from 20th December, 2025. Consequently, both Suprash and its wholly owned subsidiary Srikara Technologies Private Limited became step-down subsidiaries of Craftsman Automation. Additionally, the Board of Directors of Sunbeam Lightweighting Solutions Limited approved the conversion of 13,53,80,000 Compulsorily Convertible Preference Shares and 37,60,00,000 Optionally Convertible Debentures of face value ₹10 each into equity shares of Sunbeam.

Dividend and Credit Rating

The Board of Directors at their meeting held on 7th May, 2026 recommended a final dividend of ₹11.25 (Rupees Eleven and Twenty-Five Paisa) per equity share, being 225% on the face value of ₹5 each, for FY 2025-26. The total cash outflow, if approved by shareholders at the 40th AGM scheduled for 23rd July, 2026, would be ₹26.84 Crores. During the year, CRISIL Ratings Limited reaffirmed the credit rating for long-term loan facilities at AA-/Stable and for short-term loan facilities at A1+, vide letters dated 12th December, 2025 and 20th March, 2026.

Key Financial Ratios

The company's key standalone financial ratios for FY 2025-26 reflect improved profitability and operational efficiency:

Ratio: FY 2025-26 FY 2024-25 Change
Debtors Turnover (Times): 7.85 7.92 (0.9%)
Inventory Turnover (Times): 4.52 4.22 7%
Interest Coverage Ratio (Times): 4.17 3.05 37%
Current Ratio (Times): 0.97 0.94 3%
Debt Equity Ratio (Times): 0.89 0.59 50%
Operating Profit Margin (%): 11% 8% 38%
Net Profit Margin (%): 5% 3% 66%
Return on Net Worth (%): 7% 3% 133%

As on 31st March, 2026, the company employed 3,040 permanent employees and workmen. Foreign exchange earnings for FY 2025-26 stood at ₹260.09 Crores, while foreign exchange outgo was ₹984.23 Crores. The company's CSR obligation for FY 2025-26 was ₹485.98 Lakhs, with ₹209.32 Lakhs spent during the year and ₹276.68 Lakhs transferred to the Unspent CSR Account on 29th April, 2026 for ongoing infrastructure projects.

Historical Stock Returns for Craftsman Automation

1 Day5 Days1 Month6 Months1 Year5 Years
-1.69%-1.44%+1.56%+13.80%+58.66%+391.86%

How does Craftsman Automation plan to manage the 50% increase in its Debt-Equity ratio, particularly given the rising finance costs?

What is the strategic roadmap for turning Sunbeam Lightweighting Solutions Limited profitable following its recent debt-to-equity conversion?

Will the record growth in the Industrial & Engineering segment lead to a larger capital allocation towards non-automotive verticals in the coming year?

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