News Earnings Jyoti CNC Automation Q3 FY26 Results: Revenue Grows 28.1% to ₹576 Crores, EBITDA Margin Expands to 26.8%Jyoti CNC Automation Q3 FY26 Results: Revenue Grows 28.1% to ₹576 Crores, EBITDA Margin Expands to 26.8%
Jyoti CNC Automation Limited reported strong Q3 FY26 results with consolidated revenue growing 28.1% to ₹576 crores and EBITDA margin expanding to 26.8%. The company maintains a healthy order book of ₹4,585 crores with aerospace and defense contributing 41%. Major capacity expansion from 6,000 to 16,000 machines is progressing as planned for completion by September 2026. The company is also developing proprietary controllers and semiconductor equipment solutions to strengthen its technological capabilities and reduce import dependencies.
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Jyoti CNC Automation Limited delivered robust financial performance in Q3 FY26, demonstrating strong growth momentum across key business segments. The company's consolidated revenue reached ₹576 crores, marking a significant 28.1% year-on-year increase, while maintaining healthy profitability margins.
Strong Financial Performance Across Quarters
The company's performance for the nine-month period ending December 2025 was equally impressive, with consolidated revenue of ₹1,494 crores compared to ₹1,242 crores in 9M FY25, reflecting a growth of 20.3%. This consistent growth trajectory underscores the company's strong market position and execution capabilities.
| Financial Metric | Q3 FY26 | Q3 FY25 | Growth (%) |
|---|---|---|---|
| Consolidated Revenue | ₹576 crores | ₹450 crores | +28.1% |
| EBITDA | ₹155 crores | ₹113 crores | +37.3% |
| EBITDA Margin | 26.8% | 25.0% | +180 bps |
| PAT | ₹89 crores | ₹80 crores | +10.3% |
Margin Expansion and Profitability Trends
EBITDA for Q3 FY26 stood at ₹155 crores, representing a growth of 37.3% compared to the same period last year. The EBITDA margin improved to 26.8% from 25.0% in Q3 FY25, marking an expansion of 180 basis points year-on-year. For the nine-month period, EBITDA reached ₹379.4 crores, growing 21.1% year-on-year.
Profit after tax for Q3 FY26 was ₹89 crores compared to ₹80 crores in Q3 FY25, reflecting a growth of 10.3%. The relatively lower PAT growth is attributed to increased finance costs associated with the company's ongoing capacity expansion initiatives.
Diversified Revenue Portfolio and Strong Order Book
The company maintains a well-diversified revenue mix across sectors. For 9M FY26, aerospace and defense contributed 42% of revenue, followed by auto and auto components at 28%, general engineering at 22%, and other sectors including EMS and dies and molds accounting for the remaining 8%.
| Sector | 9M FY26 Revenue Mix | Order Book Mix | Order Intake 9M FY26 |
|---|---|---|---|
| Aerospace & Defense | 42% | 41% | 46% |
| Auto & Auto Components | 28% | 18% | 30% |
| General Engineering | 22% | 19% | 17% |
| EMS & Others | 8% | 22% | 7% |
The current order book remains robust at ₹4,585 crores, providing strong revenue visibility for the coming quarters. Order intake for 9M FY26 stood at ₹1,661 crores, with aerospace and defense leading at 46% share.
Capacity Expansion and Manufacturing Scale-Up
Jyoti CNC is undertaking a significant capacity expansion in India, increasing manufacturing capacity from the current 6,000 machines to 16,000 machines by September 2026. The company has invested approximately ₹200 crores from its ₹300 crores term loan facility from Union Bank for this expansion.
In November 2025, the company expanded its Huron facility in France, almost doubling the capacity in line with growth plans. The facility serves as a key technology hub focusing on high-end machines for global customers, particularly in the aerospace sector.
Product Mix and Machine Deliveries
For Q3 FY26, the company delivered 1,358 machines with varying complexity levels:
| Machine Category | Units Delivered | Value (₹ crores) | Average Price (₹ lakhs) |
|---|---|---|---|
| Entry-level | 1,207 | 247 | 20.46 |
| Mid-level | 128 | 83 | 64.84 |
| High-end | 23 | 221 | 960.00 |
| Total | 1,358 | 551 | 40.50 |
Strategic Initiatives and Future Outlook
The company is actively developing proprietary controllers, drives, and motors under the PLI scheme, which is expected to contribute 4% to 5% to gross margins. This initiative aims to reduce import dependencies and strengthen technological capabilities.
Jyoti CNC is also exploring next-generation products for high-precision applications, including semiconductor equipment, with commercial products expected to launch within the next two years. The company is developing 8 to 10 different technologies for semiconductor equipment manufacturing.
With sustained demand across sectors, improving execution capabilities, and key capacity expansion projects nearing commissioning, the company remains optimistic about its growth trajectory for FY27 and beyond.
Historical Stock Returns for Jyoti CNC Automation
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.42% | +3.68% | -7.36% | -6.75% | -10.64% | +97.14% |
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