Jyoti CNC Automation Limited reported a 26.2% increase in net profit for the financial year ended March 31, 2026, reaching ₹391.25 crore compared to ₹310.06 crore in the previous year. Revenue from operations for FY26 grew by 20.7% to ₹1,949.01 crore from ₹1,615.03 crore in FY25. The company’s total order book stood at ₹4,732 crore, reflecting healthy demand across sectors. The board of directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026. The statutory auditor audited the financial results and issued an audit report. In continuation of a previous letter dated May 25, 2025, the company submitted the recording of the earnings call held on May 29, 2026, to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Standalone Financial Performance

For the quarter ended March 31, 2026 (Q4 FY26), the company recorded a standalone net profit of ₹135.03 crore, a 10.8% increase from ₹121.91 crore in the same period last year. Revenue for the quarter stood at ₹598.70 crore versus ₹529.10 crore in Q4 FY25. EBITDA for the quarter rose to ₹191.1 crore from ₹176.1 crore year-on-year, while EBITDA margin contracted to 31.9% from 33.3%. Earnings per share (EPS) for the quarter was reported at ₹5.94, while annualized EPS for FY26 was ₹17.21.

The following table summarizes the key standalone Q4 FY26 metrics:

Consolidated Results and Subsidiary Impact

On a consolidated basis, the company reported a net profit of ₹336.00 crore for FY26, up 6.3% from ₹316.01 crore in the previous year. Consolidated revenue for the year increased to ₹2,093.13 crore from ₹1,817.70 crore. However, Q4 consolidated revenue was impacted by a reversal of approximately ₹67 crore in the Huron subsidiary due to an ongoing investigation and accounting treatment under the Percentage of Completion Method. Excluding this reversal, revenue growth would have been approximately 16% for Q4 FY26 and 19% for FY26. Consolidated EBITDA for Q4 FY26 declined to ₹147.0 crore from ₹178.0 crore, with margins contracting to 24.6%.

Order Book and Outlook

The company maintains a strong and diversified order book position totaling ₹4,732 crore. The order book is well-distributed across industries, with the Auto & Auto Components sector accounting for 38%, followed by General Engineering at 20% and Die & Moulds at 19%. Management noted that domestic demand outlook remains strong, supported by healthy order inflows across key sectors. The company is also pursuing capacity expansion, targeting an additional production capacity of 10,000 machines per annum to be completed by September 2026.

Jyoti CNC Automation has secured a favorable outcome in a Goods and Services Tax (GST) litigation appeal, resulting in the setting aside of a tax demand of ₹4,45,59,720. The order, dated May 29, 2026, was issued by the Commissioner (Appeal), Central GST & Excise, Rajkot, overturning the previous directive passed by the Additional Commissioner, Central GST, Rajkot. This development removes a significant financial liability for the company, as the entire demand has been dropped.

The dispute originated from an order issued by the Additional Commissioner, Central GST, Rajkot, which had levied the total demand. Following the appeal, the Commissioner (Appeal) ruled in favor of the company, annulling the alleged order and the subsequent demand. The intimation regarding this update was submitted to the stock exchanges on May 31, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

With the demand set aside, Jyoti CNC Automation is now eligible to claim a refund of the amount that was previously paid under protest. The company stated that there are no further claims or penalties associated with this litigation. The resolution of this case is expected to improve the company's cash flow position as the funds held under protest are released.

The following table summarizes the key details of the litigation and the outcome:

The disclosure was made in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, read with clause 8 of Para B of Part A of Schedule III of the Listing Regulations. The company confirmed that the litigation did not involve its key management personnel, promoters, or ultimate persons in control.