Craftsman Automation Share News - Latest Updates, Live News & More

Latest news about Craftsman Automation

Craftsman Automation Finalizes Initial Asset Sale To Shriram Pistons & Rings 11 hours ago Yesterday

Craftsman Automation's subsidiary Sunbeam Lightweighting Solutions has successfully completed the first tranche of its asset sale transaction, transferring aluminum piston manufacturing line assets to Shriram Pistons & Rings for ₹10 crores. The transaction is part of a larger ₹28 crore divestment strategy with the remaining ₹18 crores expected by March 2026.

Craftsman Automation Subsidiary Acquires Suprash Developers For ₹145.85 Crore Chennai Facility Dec 19, 2025

Craftsman Automation Subsidiary Converts CCPS and OCDs Worth ₹97.60 Crores into Equity Shares Dec 19, 2025

CRISIL Reaffirms AA-/Stable Rating for Craftsman Automation, Enhances Bank Facilities to ₹3,950 Crores Dec 13, 2025

Craftsman Automation Partners With Viksha Green Energy For Solar Power Investment Dec 12, 2025

More news about Craftsman Automation

17Nov 25

PI Opportunities AIF V LLP Acquires 1.48 Lakh Shares in Craftsman Automation

PI Opportunities AIF V LLP has acquired 1.48 lakh shares of Craftsman Automation through open market transactions. This significant institutional investment may indicate confidence in the company's potential and could potentially impact market sentiment and the company's ownership structure.

12Nov 25

Craftsman Automation Reports Strong H1 Performance, Eyes Expansion Amid Growing Demand

Craftsman Automation Limited reported consolidated sales of INR 3,786.00 crores for H1, up from INR 2,365.00 crores last year. Key segment revenues: Powertrain (INR 2,034.00 crores), Aluminum Products (INR 2,275.00 crores), and Industrial Engineering (INR 476.00 crores). EBITDA at INR 582.00 crores with 15% margins. The company secured orders worth $100.00 million for its Kothavadi plant, with Powertrain revenue expected by 2029. Sunbeam business achieved a quarterly run rate of INR 330.00 crores. Future plans include INR 1,000.00 crores CAPEX and targeting $100.00 million revenue from the data center business by 2029-2030.

10Nov 25

Craftsman Automation Reports Robust 56% Revenue Growth in Q2 FY26

Craftsman Automation Limited announced impressive Q2 FY26 results, with consolidated revenue reaching ₹2,002.00 crores, a 56% year-over-year increase. EBITDA grew by 47% to ₹312.00 crores. For H1 FY26, revenue rose 46% to ₹3,786.00 crores, with EBITDA up 45% to ₹582.00 crores. The Aluminium Products segment was the largest contributor, generating ₹2,275.00 crores in H1 FY26. The company operates 24 manufacturing facilities across India and one in Germany, serving various sectors including automotive and industrial engineering.

08Nov 25

Craftsman Automation Reports 47% Jump in Q2 Net Profit

Craftsman Automation, a leading engineering company, has reported strong Q2 financial results. Net profit increased by 47.3% to ₹908.6 crore, while revenue grew by 64.8% to ₹2,001 crore compared to the same quarter last year. EBITDA rose by 56.5% to ₹302 crore. However, the EBITDA margin slightly decreased from 15.88% to 15.08%.

29Oct 25

Craftsman Automation Subsidiary Acquires Land Assets for ₹145.85 Crore Chennai Plant

Craftsman Automation's subsidiary DR Axion India has acquired two companies - Suprash Developers and its subsidiary Srikara Technologies - for ₹145.85 crore to secure 52.83 acres of industrial land in Kancheepuram District. This strategic acquisition directly supports the company's previously announced ₹280 crore Chennai manufacturing plant expansion, which aims to add 15% capacity to address growing demand in aluminium products for automotive and industrial sectors.

16Oct 25

Craftsman Automation Launches Operations at New Shoolagiri Plant

Craftsman Automation Limited has commenced commercial operations at its new manufacturing facility in SIPCOT Industrial Park, Shoolagiri, Hosur on October 16, 2025. This expansion, initially disclosed on January 29, 2025, aligns with the company's growth plans in the automotive and industrial engineering sectors. The new plant is expected to enhance production capacity and potentially create job opportunities in the region.

08Sept 25

Craftsman Automation Invests in Solar Power Company for Group Captive Scheme

Craftsman Automation Limited has acquired a 26% stake in Eastsquare Energy India Private Limited (EEIPL) for Rs 2.60 lakh, marking its entry into the solar power segment. The investment, comprising 26,000 equity shares at Rs 10 face value each, aims to facilitate solar power purchase under the Group Captive Scheme. EEIPL, incorporated in September 2023, has a projected turnover of Rs 61.76 crore for FY 2024-25. The transaction complies with the Electricity Act, 2003, and is not a related party transaction.

04Aug 25

Craftsman Automation Reports Robust Q1 Results with 15% EBITDA Margin, Maintains FY26 Guidance

Craftsman Automation Limited reported robust Q1 financial results. The company's consolidated EBITDA margin was 15%, with net debt to EBITDA ratio improving to 2.27. The standalone aluminum segment saw 56% year-on-year revenue growth. The Powertrain segment's margins improved to 15.2%. Subsidiaries DR Axion, Sunbeam, and Craftsman Germany reported revenues of INR 408.00 crores, INR 291.00 crores, and INR 67.00 crores respectively. The company maintains its full-year guidance of INR 70 billion in revenue and INR 11 billion in EBITDA, with plans for INR 800.00 crores in consolidated capex.

04Aug 25

Craftsman Automation Invests in Viksha Green Energy for Solar Power Initiative

Craftsman Automation Limited has made a strategic cash investment of Rs. 11,550 in Viksha Green Energy Private Limited, acquiring 1,155 equity shares representing a 5.78% stake. This investment is part of the company's renewable energy initiative to secure solar power under the Group Captive Scheme in compliance with the Electricity Act, 2003, adding to its previous investments in Altilium Solar companies.

31Jul 25

Craftsman Automation Reports Q1 Results: Revenue Surges 55% YoY Despite Margin Pressure

Craftsman Automation Limited reported a 55% year-over-year increase in Q1 consolidated revenue, reaching ₹1,784.00 crore. Net profit grew by 19% to ₹70.00 crore, despite EBITDA margin dropping to 14% due to product mix changes and aluminum business growth. The Aluminum Products segment became the largest contributor, accounting for 60% of total revenue. The company maintains its full-year revenue target of ₹7,000.00 crore and plans ₹800.00 crore in capital expenditure for the current fiscal year. Craftsman Automation has expanded through recent acquisitions and is constructing a new facility in Hosur, India.

29Jul 25

Craftsman Automation Reports 31% Surge in Q1 Net Profit, Revenue Soars 55%

Craftsman Automation Limited reported a 31% year-over-year increase in consolidated net profit to ₹696 million for Q1 FY24. Revenue surged 55% to ₹17.8 billion, while EBITDA rose to ₹2.65 billion. The company showed strong performance across its Powertrain, Aluminium Products, and Industrial & Engineering segments. However, EBITDA margin slightly declined to 14.85% from 17.14% in the previous year.

23Jul 25

Craftsman Automation Invests in Solar Power Companies for Group Captive Scheme

Craftsman Automation Limited has made strategic investments in two solar power companies, Mastertex Export Private Limited (MEPL) and Tara Green Power Private Limited (TGPPL), to comply with Group Captive Scheme requirements. The company invested Rs. 2.60 lakh for a 26% stake in MEPL and Rs. 0.22 lakh for an 11% stake in TGPPL. These investments align with Craftsman Automation's commitment to sustainable energy practices and regulatory compliance under the Electricity Act, 2003.

04Jul 25

Craftsman Automation Shares See ₹18.15 Crore Block Trade on NSE

A significant block trade of approximately 30,513 shares of Craftsman Automation Ltd. was executed on the National Stock Exchange (NSE). The transaction was valued at ₹18.15 crore, with shares priced at ₹5,949.50 each. This substantial trade in the automotive components manufacturer's stock indicates continued interest from large investors or institutions.

26May 25

Craftsman Automation Invests in Green Energy Firms for Renewable Power Compliance

Craftsman Automation Ltd has invested in three green energy companies as part of a group captive scheme to meet its renewable energy needs. This strategic move aims to harness solar and wind power, reduce the company's carbon footprint, comply with renewable energy regulations, and potentially lower long-term energy costs. The investment is expected to enhance Craftsman Automation's sustainability profile, improve energy security, aid in cost management, and ensure regulatory compliance.

09May 25

Craftsman Automation Unveils Ambitious Investment Plans, ICICI Securities Raises Target Price

Craftsman Automation announces Rs 10 billion investment for FY25, including acquisitions. The company plans to reduce capex to Rs 7.50-8.00 billion in FY26. It projects future revenue/EBITDA of Rs 70 billion. ICICI Securities maintains a 'Buy' rating and raises the target price for the stock.

07May 25

Craftsman Automation Reports Robust Q4 FY2023 Results with 54% Revenue Growth

Craftsman Automation announced its Q4 FY2023 results, reporting a significant revenue increase to ₹17.00 billion, up 54.55% year-over-year. The company's EBITDA grew by 16.19% to ₹2.44 billion, while net profit rose by 7.22% to ₹668.00 million. However, the EBITDA margin decreased by 4.79 percentage points to 13.93%, indicating potential cost pressures despite strong top-line growth.