Jyoti CNC Automation Reports Strong Q1 with 13.4% Revenue Growth and 40.2% PAT Surge
Jyoti CNC Automation, a top 10 global CNC machine manufacturer, reported robust Q1 financial results. Revenue increased 13.4% YoY to INR 410.00 crores, while PAT surged 40.2% to INR 71.20 crores. Machine sales volume rose to 1,117 units from 788 units. The company maintains a strong order book of INR 4,412.00 crores. Revenue was diversified across auto (36%), aerospace and defense (30%), general engineering (26%), and others (8%). Strategic developments include land acquisition in Karnataka, capacity expansion plans, and exploration of US and China markets. The company remains optimistic about future growth prospects.

*this image is generated using AI for illustrative purposes only.
Jyoti CNC Automation , one of the top 10 CNC machine manufacturers globally, has reported robust financial results for the first quarter. The company demonstrated significant growth across key financial metrics, underlining its strong position in the market.
Financial Highlights
- Revenue increased by 13.4% year-over-year to INR 410.00 crores, up from INR 361.00 crores in the same quarter of the previous year.
- Profit After Tax (PAT) surged by 40.2% to INR 71.20 crores, compared to INR 50.90 crores in the same period last year.
- PAT margin improved to 17.4% from 14.0% in the previous year.
- EBITDA grew by 6.5% to INR 100.20 crores, although EBITDA margin compressed to 24.4% from 26.0% due to increased employee costs.
- Gross margin improved to 55.9% from 53.2% in the corresponding quarter of the previous fiscal year.
Operational Performance
- Machine sales volume increased significantly to 1,117 units from 788 units in the same quarter of the previous year.
- The company maintains a robust order book of INR 4,412.00 crores.
- New orders worth INR 451.00 crores were recorded during the quarter.
Revenue Distribution
The company's revenue for the quarter was well-diversified across various sectors:
Sector | Contribution |
---|---|
Auto and Auto Components | 36% |
Aerospace and Defense | 30% |
General Engineering | 26% |
Others | 8% |
Strategic Developments
Jyoti CNC Automation has made several strategic moves to strengthen its market position:
Land Acquisition: The Board approved the purchase of 20 acres of land in Tumakuru Machine Tools Park, Karnataka, to set up support centers, technological centers, and warehouses closer to customers, particularly in the Electronic Manufacturing Services (EMS) sector.
Capacity Expansion: The company is on track to expand its manufacturing capacity from the current 6,000 machines annually to 10,000 machines by September 2026.
Global Expansion: The company is exploring opportunities in the US and China markets, with plans to set up sales and service networks in these regions.
PLI Scheme: Jyoti CNC is eligible for the Production Linked Incentive (PLI) scheme and is in discussions with the government regarding potential benefits.
Management Commentary
Parakramsinh Jadeja, Chairman and Managing Director, commented on the results: "We have made a strong start, backed by solid revenue growth, a healthy order book, and continued demand across key sectors. Our strong manufacturing base, focus on technology through our partnership with Huron, and commitment to supporting India's manufacturing vision position us well for the future."
Jadeja also highlighted the company's financial discipline, stating, "We remain financially disciplined with a balanced approach to investment and are confident of delivering sustained growth in the upcoming quarters."
Outlook
Despite global economic challenges, Jyoti CNC Automation remains optimistic about its growth prospects. The company expects to maintain its growth momentum, driven by strong demand in sectors like aerospace, defense, and electronic manufacturing services. With its expanding capacity and strategic initiatives, Jyoti CNC is well-positioned to capitalize on India's growing manufacturing sector and global opportunities in the CNC machine market.
Historical Stock Returns for Jyoti CNC Automation
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-2.45% | -9.58% | -8.29% | -13.52% | -15.65% | +114.42% |