Jyoti CNC Automation Limited has disclosed a significant share encumbrance by promoter Anilkumar Bhikhabhai Virani under SEBI Takeover Regulations. The company, listed on BSE Limited and National Stock Exchange of India Limited, reported the pledge creation on 02.03.2026.

Share Pledge Details

Anilkumar Bhikhabhai Virani has pledged 70,00,000 shares to HDFC Bank Limited as security for a business loan. The pledge was created on 25.02.2026, representing 3.08% of the company's total share capital.

Promoter Holdings and Encumbrance Status

The pledge increases Virani's total encumbered shareholding significantly. His overall holding in the company remains substantial at 14.45% of total share capital.

Other Promoter Holdings

The disclosure also provides details of other promoters and their shareholdings in Jyoti CNC Automation Limited:

• Parakramsinh Ghanshyamsinh Jadeja: 6,11,88,760 shares (26.91%)
• Jyoti International LLP: 3,67,48,995 shares (16.16%)
• Sahdevsinh Lalubha Jadeja: 66,85,400 shares (2.94%)
• Vikramsinh Raghuvirsinh Rana: 45,47,500 shares (2.00%)
• Vijaysinh Pravinsinh Zala: 2,19,500 shares (0.10%)

None of these other promoters have any encumbered shares as per the current disclosure.

Regulatory Compliance

The disclosure was made in compliance with Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation mandates promoters to disclose any creation, release, or invocation of encumbrance on their shareholdings to stock exchanges and the target company.

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.

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%.

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:

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.