Craftsman Automation Limited has announced its audited financial results for the quarter and fiscal year ended 31 March 2026, alongside the release of its FY26 Annual Investor Presentation filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on 8 May 2026. The Board, meeting on 7 May 2026, approved the standalone and consolidated financial statements, reporting robust growth driven by the Powertrain, Aluminium Products, and Industrial & Engineering segments. The company also recommended a final dividend and re-appointed senior leadership. The financial results were audited by M/s. Sharp & Tannan, Chartered Accountants, who issued an unmodified opinion. The audio recordings of the Earnings Conference Call held on 8 May 2026 at 4:00 P.M. (IST) are now available on the company's website.

Company Overview

Craftsman Automation is a diversified engineering company with four decades of experience, having commenced operations in 1986 in Coimbatore, Tamil Nadu. The company operates across three primary business verticals — Powertrain, Aluminium Products, and Industrial & Engineering — and serves end-user sectors including commercial vehicles, passenger vehicles, two-wheelers, farm equipment, off-highway vehicles, power transmission, genset/gas engines, material handling, and warehousing. Key operational highlights from the investor presentation are summarised below:

Q4 FY26 Performance Highlights

The fourth quarter of FY26 showed strong year-on-year momentum. The following table summarises key Q4 metrics on a consolidated basis:

The investor presentation further highlights quarterly consolidated performance trends, with Q4 FY26 revenue at ₹2,226 crores (up 27% YoY), EBITDA at ₹378 crores (up 51% YoY), and PAT at ₹116 crores (up 73% YoY). On a standalone basis, Q4 FY26 total income was ₹1,35,552 lakhs with a profit of ₹7,828 lakhs, compared to ₹1,15,701 lakhs and ₹2,749 lakhs respectively in Q4 FY25.

Consolidated Financial Performance

For the full financial year ended 31 March 2026, Craftsman Automation reported its highest-ever revenue from operations of ₹8,069 crores, with consolidated EBITDA of ₹1,300 crores (up 51% YoY) and PAT of ₹384 crores (up 91% YoY). The profit attributable to owners of the company was ₹38,399 lakhs, compared to ₹19,457 lakhs in the prior year. Basic earnings per share (EPS) for the year were recorded at ₹160.96.

The multi-year performance trend underscores the company's growth trajectory, with consolidated revenue rising from ₹2,217 crores in FY22 to ₹8,069 crores in FY26, and PAT growing from ₹163 crores to ₹384 crores over the same period. Gross profit has similarly expanded, from ₹1,183 crores in FY22 to ₹3,667 crores in FY26.

Standalone Results

On a standalone basis, the company reported a total income of ₹4,85,127 lakhs for FY26, up from ₹3,88,021 lakhs in the prior year. Revenue from operations stood at ₹4,81,808 lakhs versus ₹3,84,795 lakhs. The profit for the period increased to ₹22,147 lakhs from ₹9,369 lakhs in FY25, with standalone basic EPS at ₹92.84 compared to ₹40.30.

Segment Performance

The Aluminium Products segment generated the highest consolidated revenue for the year at ₹4,78,875 lakhs (₹4,789 crores), accounting for 59% of total FY26 consolidated revenue, followed by Powertrain at ₹2,17,890 lakhs (₹2,179 crores) at 27%, and Industrial & Engineering at ₹1,10,162 lakhs (₹1,102 crores) at 14%. Total segment profit before interest and tax was ₹90,411 lakhs on a consolidated basis. The segment-wise revenue and results are detailed below:

Segment Quarterly Performance

The investor presentation provides quarterly EBIT trends across all three segments. The Powertrain segment delivered Q4 FY26 revenue of ₹608 crores and EBIT of ₹117 crores, compared to ₹507 crores and ₹67 crores respectively in Q4 FY25. The Aluminium Products segment reported Q4 FY26 revenue of ₹1,310 crores and EBIT of ₹134 crores, versus ₹1,006 crores and ₹89 crores in Q4 FY25. The Industrial & Engineering segment posted Q4 FY26 revenue of ₹308 crores and EBIT of ₹19 crores, against ₹237 crores and ₹13 crores in Q4 FY25.

Within the Aluminium Products segment, FY26 revenue mix by entity comprised Craftsman (38%), DR Axion (34%), and Sunbeam (28%), while the industry segment mix was 4W (54%), 2W (41%), and Others (5%). Sales volume in the Aluminium Products segment grew from 15,885 tonnes in FY22 to 94,904 tonnes in FY26. The Powertrain segment's FY26 revenue mix by entity was Craftsman Automation (84%) and Craftsman Germany (16%). The Industrial & Engineering segment's FY26 revenue mix comprised Storage (64%) and Others (36%).

Balance Sheet and Financial Position

As at 31 March 2026, consolidated total assets stood at ₹8,97,830 lakhs, up from ₹7,11,644 lakhs as at 31 March 2025. Total equity on a consolidated basis was ₹3,26,406 lakhs versus ₹2,85,674 lakhs. The debt-equity ratio stood at 1.02x in FY26, compared to 0.72x in FY25, while the net debt-to-EBITDA ratio was 2.4x. Consolidated net worth grew from ₹1,136 crores in FY22 to ₹3,264 crores in FY26, and average capital employed expanded from ₹1,632 crores to ₹5,321 crores over the same period. Key balance sheet items are presented below:

Cash Flow Summary

On a consolidated basis, net cash generated from operating activities was ₹52,168 lakhs for FY26, compared to ₹28,333 lakhs in FY25. Net cash used in investing activities was ₹1,31,316 lakhs, primarily on account of capital expenditure of ₹1,18,836 lakhs and consideration paid towards business combination of ₹14,585 lakhs. Net cash from financing activities was ₹82,746 lakhs. Cash and cash equivalents at the end of the year stood at ₹14,483 lakhs on a consolidated basis and ₹5,438 lakhs on a standalone basis.

Exceptional Items and Corporate Developments

Exceptional items for the year totalled ₹1,295 lakhs on a consolidated basis, primarily relating to the incremental impact of new Labour Codes (₹422 lakhs on consolidated basis; ₹301 lakhs on standalone basis) and relocation expenses for the Gurgaon facility of Sunbeam Lightweighting Solutions Limited. During the year, the company's subsidiary DR Axion India Limited acquired 100% of the total equity of Suprash Developers Private Limited, along with its wholly owned subsidiary Srikara Technologies Private Limited, for a total consideration of ₹14,585 lakhs. Additionally, the Board approved a composite scheme of arrangement envisaging the amalgamation of DR Axion India Limited (along with its subsidiaries) into Sunbeam Lightweighting Solutions Limited, subject to approval from the National Company Law Tribunal.

Dividend and Corporate Actions

The Board recommended a final dividend of 225%, which translates to ₹11.25 per equity share of face value ₹5 each, subject to shareholder approval. The 40th Annual General Meeting is scheduled for 23 July 2026 via video conference. The Register of Members will remain closed from 17 July to 23 July 2026, with the record date fixed as 16 July 2026 for dividend eligibility.

Board and Leadership Updates

The Board approved the re-appointment of Mr. Srinivasan Ravi as Chairman and Managing Director for a period of 5 years, effective from 1 October 2026, subject to shareholder approval. Mr. Ravi Gauthamram was also re-appointed as Whole Time Director for 5 years from the same date. Mr. Srinivasan Ravi holds a Bachelor's degree in Mechanical Engineering from PSG College of Technology, Coimbatore, and is a first-generation entrepreneur with over three decades of experience in the automotive and precision engineering industry. Mr. Ravi Gauthamram is a Mechanical Engineering graduate from PSG College of Technology and holds a Master's degree in Production Systems Engineering from RWTH Aachen University, Germany. Mr. Arjun Sridhar, General Manager – Technology Development Division, Craftsman Storage Solutions, was appointed as Senior Management Personnel effective 7 May 2026. The Board also re-appointed M/s. S. Mahadevan & Co as Cost Auditors for FY2026-27.

Craftsman Automation Limited has formally notified stock exchanges about an upcoming board meeting scheduled to review its fourth quarter and full-year financial performance for FY26, followed by an earnings conference call. The company has outlined a comprehensive timeline for result declaration and stakeholder engagement.

Board Meeting and Results Declaration

The board of directors will convene on Thursday, May 7, 2026, to address critical financial and strategic matters for the concluded financial year. The meeting agenda encompasses comprehensive review and approval processes for the company's annual financial performance.

The board will focus on two primary areas during the scheduled meeting. The directors will consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Additionally, the board will deliberate on recommending a final dividend, if any, for the financial year ended March 31, 2026.

Earnings Conference Call Details

Following the board meeting, Craftsman Automation has scheduled an earnings conference call to discuss the approved financial results with stakeholders. The management will present and discuss the company's financial performance for the quarter and financial year ended March 31, 2026.

Management Participation

Key management personnel will participate in the earnings conference call to provide insights into the company's performance and address stakeholder queries. The call will be led by senior leadership including Mr. Srinivasan Ravi, Chairman and Managing Director, and Mr. C.B Chandrasekar, Chief Financial Officer.

Trading Window Restrictions

Craftsman Automation has implemented mandatory trading window closures in accordance with regulatory requirements. The trading window for dealing in company shares has been closed from April 1, 2026, continuing the restriction period that was previously communicated to exchanges on March 24, 2026.

Regulatory Compliance

Both notifications have been issued pursuant to relevant SEBI regulations. The board meeting intimation follows Regulation 29(1), while the earnings conference call notification is under Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally communicated this information to both BSE Limited and National Stock Exchange of India Limited, maintaining compliance with dual listing requirements.