Craftsman Automation net profit rises 116% to ₹150.55 crore in Q1FY27

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Reviewed by
Anirudha BScanX News Team
Key Highlights

Craftsman Automation's Q1FY27 results show a 116.3% surge in net profit to ₹150.55 crore, supported by robust revenue growth of 36.3% to ₹2,431.58 crore. Key drivers include improved profitability in the Industrial & Engineering segment and strong order conversion.

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Craftsman Automation reported a consolidated net profit of ₹150.55 crore for the quarter ended June 30, 2026 (Q1FY27), marking a 116.3% year-on-year increase from ₹69.60 crore in Q1FY26. The significant profit surge was driven by a 36.3% rise in consolidated revenue from operations to ₹2,431.58 crore, reflecting robust order conversion and improved capacity utilization across its key business segments. This performance underscores the company's ability to leverage scale, with EBITDA margins stabilizing at 17% while net profit margins expanded from 4% in Q1FY26 to 6% in Q1FY27.

The unaudited financial results were reviewed by statutory auditors Sharp & Tannan and approved by the Board of Directors on July 29, 2026. The company published the results in The Hindu BusinessLine and Dinamani on July 30, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the company released an investor presentation detailing its strategic roadmap and segment-wise performance under Regulation 30 and Regulation 46.

Financial Performance

Consolidated revenue from operations stood at ₹2,431.58 crore in Q1FY27, compared to ₹2,226.40 crore in the preceding quarter (Q4FY26) and ₹1,784.00 crore in Q1FY26. Other income contributed ₹23.08 crore, bringing total income to ₹2,454.66 crore. Total expenses were ₹2,254.26 crore, comprising cost of sales and services of ₹1,457.74 crore and employee benefits expense of ₹165.70 crore.

Profit before tax reached ₹201.02 crore, up from ₹93.71 crore in Q1FY26. After accounting for tax expenses of ₹50.47 crore (current tax ₹41.20 crore and deferred tax ₹9.27 crore), net profit for the period was ₹150.55 crore. Basic earnings per share (EPS) rose to ₹62.25 from ₹29.18 in the corresponding quarter last year. EBITDA grew by 51% YoY to ₹408 crore, demonstrating strong operating leverage.

Metric Q1FY27 (₹ cr) Q4FY26 (₹ cr) Q1FY26 (₹ cr) YoY Change
Revenue from Operations 2,431.58 2,226.40 1,784.00 +36.3%
Total Income 2,454.66 2,245.51 1,788.97 +37.2%
Total Expenses 2,254.26 2,072.23 1,687.23 +33.6%
Profit Before Tax 201.02 173.04 93.71 +114.5%
Net Profit 150.55 116.42 69.60 +116.3%
Basic EPS (₹) 62.25 48.80 29.18 +113.4%

Segment Analysis

The Aluminium Products segment remained the primary revenue driver, contributing ₹1,479.34 crore (60.8% of total revenue), up from ₹1,071.28 crore in Q1FY26. This segment delivered an EBIT of ₹150 crore, a 39% increase from ₹108 crore in Q1FY26. The Powertrain segment generated ₹622.55 crore in revenue with an EBIT of ₹114 crore, up from ₹76 crore YoY. Industrial & Engineering revenue grew to ₹329.69 crore from ₹216.31 crore, with segment results improving significantly to ₹30 crore from ₹5 crore, marking a 500% surge in profitability.

Strategic Developments

The Board approved setting up a new plant at Komaranapalli Village, Krishnagiri District, Tamil Nadu (Hosur Unit - 3). The project aims to cater to incremental demand from automotive OEM customers in Southern India. Phase I requires an estimated investment of ₹100 crore, with Phase II estimated at ₹150 crore. Financing will be through term loans and internal accruals. The facility is expected to be commissioned within 6–8 months.

Additionally, the Board appointed Santosh Kumar Singh, Senior Vice President - Operations, as Senior Management Personnel effective July 29, 2026. Mr. Singh brings over three decades of experience in manufacturing and operations, including senior roles with Indian Railways.

What the Numbers Show

The disproportionate growth in net profit (116.3%) compared to revenue growth (36.3%) indicates significant operating leverage. This margin expansion is largely attributable to the Industrial & Engineering segment, where results jumped from ₹5 crore to ₹30 crore despite only a 53% increase in revenue. Furthermore, the absence of exceptional items in Q1FY27, compared to a loss of ₹8.24 crore in Q1FY26, provided a tailwind to the bottom line. The company also raised ₹2,000 crore via a Qualified Institutions Placement (QIP) during the quarter, with ₹912.08 crore remaining for future utilization towards debt repayment and corporate purposes.

Historical Stock Returns for Craftsman Automation

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How will the new Hosur Unit-3 plant impact Craftsman Automation's supply chain efficiency and delivery timelines for Southern India automotive OEMs once commissioned?

What is the strategic plan for utilizing the remaining ₹912 crore from the QIP, and how will debt repayment affect the company's future leverage ratios and interest coverage?

Can the 500% surge in profitability within the Industrial & Engineering segment be sustained, or was it driven by one-off contract wins that may not recur in subsequent quarters?

Craftsman Automation reschedules Q4 earnings call to 3:30 PM IST

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Reviewed by
Suketu GScanX News Team
Key Highlights

Craftsman Automation Limited announced a change in the timing of its earnings conference call for the quarter ended June 30, 2026. The call is now scheduled for 3:30 PM IST on July 30, 2026, instead of the previously communicated 4:00 PM IST. The disclosure, signed by Company Secretary Shainshad Aduvanni on July 28, 2026, confirms that all other logistical arrangements remain identical to those in the July 10 intimation.

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Craftsman Automation has rescheduled its earnings conference call for the quarter ended June 30, 2026, moving the start time from 4:00 PM IST to 3:30 PM IST on Thursday, July 30, 2026. The company disclosed that all other logistical details, including dial-in numbers and registration links provided in the initial intimation dated July 10, 2026, remain unchanged. This adjustment allows investors and analysts to access management commentary on the Unaudited Standalone and Consolidated Financial Results at the revised time without altering the access mechanism.

The disclosure was made pursuant to Regulation 30 read with Part A of Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shainshad Aduvanni, Company Secretary & Compliance Officer of Craftsman Automation Limited, signed the intimation dated July 28, 2026. The company requested both the Bombay Stock Exchange and the National Stock Exchange of India Limited to disseminate this updated information on their respective websites to ensure timely access for shareholders and market participants.

Conference Call Details

Investors should note that while the start time has changed, the financial period under discussion remains the quarter ended June 30, 2026. The company emphasized that no other aspects of the conference call arrangement have been modified from the original announcement.

Detail Information
Event Earnings Conference Call
Financial Period Quarter ended June 30, 2026
Date July 30, 2026
Original Time 4:00 PM IST
New Time 3:30 PM IST
Access Details Unchanged from July 10 intimation

The rescheduling follows an earlier intimation issued on July 10, 2026, which had originally set the conference call for 4:00 PM IST. By issuing this update on July 28, 2026, just two days before the event, Craftsman Automation ensures that market participants are aware of the slight shift in schedule while maintaining the integrity of the previously shared access credentials.

Historical Stock Returns for Craftsman Automation

1 Day5 Days1 Month6 Months1 Year5 Years
-0.29%+3.54%+12.87%+32.52%+53.85%+469.71%

What specific operational or strategic factors prompted Craftsman Automation to reschedule its Q2 FY27 earnings call at such short notice?

How might the earlier start time of 3:30 PM IST impact analyst participation rates and subsequent market sentiment compared to the original 4:00 PM slot?

Are there any indications that the financial results for the quarter ended June 30, 2026, will deviate significantly from market consensus estimates?

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