Craftsman Automation Q1 Results: Net profit rises 116% YoY to ₹150.55 crore
Craftsman Automation's Q1FY27 consolidated net profit surged 116.3% YoY to ₹150.55 crore, driven by a 36.3% rise in revenue to ₹2,431.58 crore. The Aluminium Products segment led growth, while the Industrial & Engineering unit showed improved profitability. The Board approved a new ₹250 crore phased expansion in Tamil Nadu and appointed Santosh Kumar Singh to senior management.

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Craftsman Automation reported a consolidated net profit of ₹150.55 crore for the quarter ended June 30, 2026 (Q1FY27), a 116.3% increase from ₹69.60 crore in Q1FY26. The surge was driven by a 36.3% year-on-year rise in consolidated revenue from operations to ₹2,431.58 crore, reflecting strong order conversion and capacity utilization across key segments.
The results were reviewed by statutory auditors Sharp & Tannan and approved by the Board of Directors on July 29, 2026, pursuant to Regulation 30 and Regulation 33 of the SEBI (LODR) Regulations, 2015. In addition to financial results, the Board approved the establishment of a new manufacturing facility at Hosur, Tamil Nadu, and the appointment of Santosh Kumar Singh as Senior Management Personnel.
Financial Performance
Consolidated revenue from operations stood at ₹2,431.58 crore in Q1FY27, compared to ₹2,226.40 crore in the preceding quarter 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, including 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 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.
| 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. The segment delivered a result of ₹149.88 crore. The Powertrain segment generated ₹622.55 crore in revenue with a segment result of ₹113.89 crore. Industrial & Engineering revenue grew to ₹329.69 crore from ₹216.31 crore, with segment results improving significantly to ₹29.82 crore from ₹4.71 crore.
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 ₹4.71 crore to ₹29.82 crore despite only a 52% 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
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.52% | +3.85% | +3.98% | +33.42% | +51.40% | +391.02% |
How will the new Hosur facility impact Craftsman Automation's supply chain efficiency and delivery timelines for Southern India automotive OEMs?
What is the strategic allocation plan for the remaining ₹912.08 crore from the QIP, and how will it affect the company's debt-to-equity ratio in the coming quarters?
Can the significant margin expansion observed in the Industrial & Engineering segment be sustained as revenue scales, or was it driven by one-off factors?


































