Craftsman Automation Q1FY27 Results: Earnings call scheduled for Oct 29

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Craftsman Automation schedules earnings call for October 29, 2026
  • Call covers Q1FY27 standalone and consolidated financial results
  • CMD Srinivasan Ravi and CFO C.B Chandrasekar to participate
  • Universal access numbers provided for investor dial-in
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*this image is generated using AI for illustrative purposes only.

Craftsman Automation has announced that its earnings conference call to discuss the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, will be held on Thursday, October 29, 2026, at 4:00 pm IST.

The event provides investors with an opportunity to hear from the company's leadership regarding performance metrics for the first quarter of fiscal year 2027. The results cover the period ending September 30, 2026.

Management Participation

Senior management members will address the call to provide insights into the company's operational and financial performance during the reported period.

Participant Designation
Srinivasan Ravi Chairman and Managing Director
C.B Chandrasekar Chief Financial Officer

Access Details

Participants can join the conference call using the universal access numbers provided below. A premium service, DiamondPass™, is available to bypass operator waiting times.

Service Details
Universal Access Number 1 +91 22 6280 1568
Universal Access Number 2 +91 22 7115 8391
DiamondPass™ Registration Available via Chorus Call portal

The company filed this intimation pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was signed by Shainshad Aduvanni, Company Secretary & Compliance Officer, on October 14, 2026.

Historical Stock Returns for Craftsman Automation

1 Day5 Days1 Month6 Months1 Year5 Years
+2.74%+5.98%-6.02%+48.23%+69.14%+351.93%

How might Craftsman Automation's Q1 FY27 order book performance influence its guidance for the remainder of the fiscal year?

What impact will recent raw material cost fluctuations have on the company's consolidated margins in the upcoming quarters?

Are there any anticipated changes in capital expenditure plans for the new manufacturing facilities discussed in previous management updates?

Craftsman Automation receives ₹68.72 lakh GST demand for FY22 and FY23

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Craftsman Automation received a GST demand of ₹68.72 lakh for FY22 and FY23
  • Order issued by Jamshedpur authorities for excess Input Tax Credit claims
  • Penalty equal to the tax amount plus interest is demanded
  • Company plans to appeal and states no material financial impact
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*this image is generated using AI for illustrative purposes only.

Craftsman Automation Limited received a Goods and Services Tax demand of ₹68.72 lakh from Jamshedpur authorities for the fiscal years 2021-22 and 2022-23. The order, issued on September 30, 2026, cites purported excess availment of Input Tax Credit (ITC).

The Office of the Assistant Commissioner of Goods & Service Tax and Central Excise, Division-III, Jamshedpur passed the order under Section 74 of the Central Goods and Services Tax Act, 2017. In addition to the tax amount of ₹68,72,106, the notice includes applicable interest and a penalty equivalent to the tax amount.

Company response and impact assessment

The company stated that it is currently evaluating the implications of the order. Craftsman Automation intends to take appropriate legal recourse, including filing an appeal, as deemed necessary. Management maintains that the demand is not sustainable.

Regarding financial consequences, the company asserted that it does not foresee any material impact on its financials, operations, or other activities due to this order. The intimation was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order details

Parameter Details
Authority Assistant Commissioner of GST and Central Excise, Division-III, Jamshedpur
Period Covered FY22 and FY23
Tax Demand ₹68,72,106
Penalty Equivalent to tax amount
Order Date September 30, 2026
Receipt Date October 5, 2026

The company confirmed receipt of the order on October 5, 2026, and subsequently informed stock exchanges on October 6, 2026.

Historical Stock Returns for Craftsman Automation

1 Day5 Days1 Month6 Months1 Year5 Years
+2.74%+5.98%-6.02%+48.23%+69.14%+351.93%

What is the historical success rate of Craftsman Automation in overturning similar statutory demands through legal appeals?

How might this ITC dispute influence the company's future procurement strategies and vendor compliance checks?

Could this demand trigger a broader regulatory review of Craftsman Automation's Input Tax Credit practices across other divisions?

More News on Craftsman Automation

1 Year Returns:+69.14%