Craftsman Automation | Business Upturn

Craftsman Automation declares Rs 11.25 final dividend per share for FY26

Kinjal — Thu, 07 May 2026 08:10:50 +0000

Craftsman Automation has announced a final dividend of ₹11.25 per equity share for the financial year ending 31st March 2026, representing a 225% payout on each ₹5 share. This decision, made during the company’s board meeting on 7th May 2026, is subject to shareholder approval at the upcoming Annual General Meeting (AGM).

In addition to the dividend declaration, the board approved the audited standalone and consolidated financial statements for the year ended 31st March 2026. The financial results for the quarter and year were prepared in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results, along with the auditor’s report and declaration of unmodified opinion, are enclosed in the filing.

The board also confirmed the re-appointment of Mr. Srinivasan Ravi as Chairman and Managing Director and Mr. Ravi Gauthamram as Whole Time Director, each for a five-year term, pending shareholder approval at the AGM.

Furthermore, Mr. Arjun Shridhar has been appointed as Senior Management Personnel for the Technology Development Division of Craftsman Storage Solutions. The company also re-appointed M/s. S. Mahadevan & Co as cost auditors for the financial year 2026-27.

The 40th AGM is scheduled for 23rd July 2026, to be held via video conference. The register of members will be closed from 17th July to 23rd July 2026, with a record date set on 16th July 2026 to determine dividend eligibility.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Craftsman Automation reports Rs 11.25 final dividend per share for FY26

Business Desk — Thu, 07 May 2026 07:58:18 +0000

Craftsman Automation’s Board of Directors has approved a final dividend of ₹11.25 per equity share for the financial year ending 31st March 2026. This decision is subject to shareholder approval at the upcoming Annual General Meeting.

The board meeting, which took place on 7th May 2026, also saw the approval of the audited standalone and consolidated financial statements for the fiscal year ending 31st March 2026. The company reported consolidated revenue from operations of ₹8,06,927 lakh for the year, up from ₹5,69,048 lakh in the previous year.

Additionally, the board has re-appointed Mr. Srinivasan Ravi as Chairman and Managing Director for another five-year term, pending shareholder approval. Mr. Ravi Gauthamram has also been re-appointed as Whole Time Director under similar conditions.

In a move to bolster its senior management team, the company appointed Mr. Arjun Shridhar as Senior Management Personnel. Furthermore, M/s. S. Mahadevan & Co has been re-appointed as the company’s cost auditors for the financial year 2026-27.

The board also announced the 40th Annual General Meeting will be held on 23rd July 2026 via video conference. The register of members will be closed from 17th July to 23rd July 2026, with a record date set for 16th July 2026 to determine dividend eligibility.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Craftsman Automation reports Rs 11.25 per share dividend and key re-appointments

Arunika Jain — Thu, 07 May 2026 07:55:12 +0000

Craftsman Automation has announced a series of significant decisions following its Board meeting on 7th May 2026. The company approved the audited standalone and consolidated financial results for the quarter and year ended 31st March 2026. Additionally, the Board has recommended a final dividend of ₹11.25 per equity share of ₹5 each, representing a 225% dividend for the financial year ended 31st March 2026, pending shareholder approval at the upcoming Annual General Meeting.

In terms of leadership, the Board has re-appointed Mr. Srinivasan Ravi as the Chairman and Managing Director for another five-year term, subject to shareholder approval. Similarly, Mr. Ravi Gauthamram has been re-appointed as the Whole Time Director for a five-year period, again pending shareholder approval.

The company also announced the appointment of Mr. Arjun Shridhar as Senior Management Personnel. Mr. Shridhar, who currently serves as the General Manager of the Technology Development Division at Craftsman Storage Solutions, will assume this new role.

Furthermore, M/s. S. Mahadevan & Co has been re-appointed as the Cost Auditors for the financial year 2026-27.

Craftsman Automation will hold its 40th Annual General Meeting on 23rd July 2026 via video conference or other audio-visual means. The Register of Members will be closed from 17th July to 23rd July 2026, with 16th July set as the record date for determining dividend eligibility and voting rights.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Craftsman Automation announces Rs 11.25 per share dividend for FY26

Kinjal — Thu, 07 May 2026 07:22:57 +0000

Craftsman Automation’s Board of Directors has approved a final dividend of ₹11.25 per equity share for the financial year ending 31st March 2026. This represents a 225% dividend on each share with a face value of ₹5, pending shareholder approval at the upcoming 40th Annual General Meeting (AGM).

The company has announced that the Register of Members will be closed from 17th July 2026 to 23rd July 2026, inclusive of both dates. The record date to determine the eligibility of equity shareholders for the dividend is set for 16th July 2026.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Craftsman Automation shares rally sharply over 6% after Strong Q4FY26 results; Profit jumps 74% YoY to Rs 116.42 crore

Aman Shukla — Thu, 07 May 2026 06:59:47 +0000

Craftsman Automation shares rallied sharply over 6% in afternoon trade on May 7 after the company reported strong Q4FY26 earnings, driven by robust revenue growth and improved operating margins.

The company posted a solid performance for the quarter ended March 31, 2026, with consolidated profit attributable to owners rising 74.39% year-on-year (YoY) to ₹116.42 crore, compared to ₹66.76 crore in the corresponding quarter last year.

Revenue from operations surged 27.28% YoY to ₹2,226.40 crore from ₹1,749.25 crore, reflecting healthy demand across business segments and improved execution.

Total income during the quarter stood at ₹2,245.51 crore, up from ₹1,754.48 crore in Q4FY25. Meanwhile, total expenses increased to ₹2,072.23 crore from ₹1,668.45 crore due to higher raw material costs, employee expenses and other operational expenditures.

At the operating level, EBITDA jumped 47.17% YoY to ₹358.53 crore from ₹243.62 crore in the year-ago period. EBITDA margin improved significantly to 16.10% from 13.93%, highlighting stronger operational efficiency and better cost absorption during the quarter.

The company’s finance costs rose to ₹86.27 crore from ₹67.92 crore, while depreciation and amortisation expenses increased to ₹118.09 crore from ₹94.90 crore.

Profit before tax (PBT) nearly doubled to ₹173.04 crore compared to ₹75.53 crore in the same quarter last year. Earnings per share (EPS) also climbed sharply to ₹48.80 from ₹27.99 YoY.

Craftsman Automation Q4 Results: Net profit jumps 74% YoY; EBITDA rises 47% on strong revenue growth

Markets Desk — Thu, 07 May 2026 06:49:23 +0000

Craftsman Automation reported a sharp rise in consolidated earnings for the quarter ended March 31, 2026, supported by strong revenue growth and improved operating performance. Revenue from operations rose 27.28% year-on-year (YoY) to ₹2,226.40 crore from ₹1,749.25 crore, while profit attributable to owners increased 74.39% YoY to ₹116.42 crore from ₹66.76 crore.

Total income for the quarter stood at ₹2,245.51 crore compared to ₹1,754.48 crore in the corresponding quarter last year. Total expenses increased to ₹2,072.23 crore from ₹1,668.45 crore, driven by higher cost of sales, employee expenses and other operating costs.

At the operating level, EBITDA stood at ₹358.53 crore for the quarter, compared to ₹243.62 crore in the year-ago period, registering a growth of 47.17%. EBITDA margin improved to 16.10% from 13.93%, indicating stronger operational efficiency and better cost absorption.

Finance costs increased to ₹86.27 crore from ₹67.92 crore, while depreciation and amortisation expense rose to ₹118.09 crore from ₹94.90 crore.

Profit before tax came in at ₹173.04 crore compared to ₹75.53 crore a year ago, while earnings per share (EPS) increased to ₹48.80 from ₹27.99 in the corresponding quarter last year.

Craftsman Automation is engaged in manufacturing precision engineering components and provides solutions across automotive, industrial and engineering sectors.

Overall, the company delivered a strong quarter with healthy growth in revenue, profitability and margins, supported by improved execution and operating leverage.

Craftsman Automation exits investment in RC Green Powers

Yash Agarwal — Sat, 11 Apr 2026 04:06:53 +0000

Craftsman Automation has announced its complete exit from equity investment in RC Green Powers Private Limited (RCGPPL) under the Group Captive Scheme. This move follows earlier intimations by the company dated 24th May 2025 and 27th March 2026 regarding its equity investment in RCGPPL.

The company has confirmed that as of the current date, it no longer holds any equity shares or other interests in RC Green Powers Private Limited. Despite the exit, Craftsman Automation has assured stakeholders that this decision does not have any material impact on its operations or financial position.

The decision to divest from RCGPPL aligns with Craftsman Automation’s strategic objectives, although specific reasons for the exit were not disclosed in the announcement. The company had previously engaged in the investment as part of its participation in the Group Captive Scheme, which allows for collective investment in power generation projects.

Craftsman Automation continues to focus on its core business operations and strategic growth initiatives, ensuring that its financial health and operational capabilities remain unaffected by this divestment.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Craftsman Automation invests Rs 39,500 more in RC Green Powers for wind energy

Kinjal — Fri, 27 Mar 2026 12:25:47 +0000

Craftsman Automation has made a further equity investment of Rs 39,500 in RC Green Powers Private Limited (RCGPPL) for wind power generation under the Group Captive Scheme, as per regulatory requirements under the Electricity Act, 2003.

The investment comprises 3,950 equity shares with a face value of Rs 10 each, representing 2.63 per cent of the equity share capital of RCGPPL. Following this additional investment, Craftsman Automation‘s total equity shareholding in RCGPPL has increased to 3.51 per cent.

The company disclosed the development through a regulatory filing to the National Stock Exchange of India and BSE Limited on 27 March 2026, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Craftsman Automation stated that it may, from time to time, acquire or dispose of equity shares in RCGPPL to ensure continued compliance with the ownership and consumption criteria prescribed under the Electricity Act, 2003. The company’s investment strategy reflects ongoing efforts to maintain regulatory compliance within the captive power generation framework.

This follows an earlier investment in RCGPPL announced on 24 May 2025, which established the company’s initial stake in the wind power venture. The latest investment demonstrates the company’s commitment to renewable energy assets as part of its broader energy strategy.

Craftsman Automation extends asset sale deadline to June 2026 with Rs 28 crore deal

Arunika Jain — Fri, 27 Mar 2026 12:17:35 +0000

Craftsman Automation has announced an extension of the long stop date for its asset sale agreement with Shriram Pistons & Rings Limited (SPRL) to 30th June 2026. The agreement, initially set to conclude by 31st March 2026, involves the sale of certain identified plant and machinery related to the piston manufacturing business by Sunbeam Lightweighting Solutions Limited, a wholly owned subsidiary of Craftsman Automation.

The asset purchase agreement (APA) was first signed on 19th December 2025, with an amendment made on 27th March 2026 to accommodate the new timeline. The transaction is structured to occur in multiple tranches, with the second tranche expected to close by the revised deadline.

The total consideration for the transaction is Rs 28 crore, exclusive of applicable GST. Sunbeam Lightweighting Solutions has already received ₹10 crore as part of the first tranche completed on 31st December 2025. The remaining ₹18 crore will be paid upon the completion of the transaction by 30th June 2026.

SPRL, the buyer, is not part of the promoter group or related parties of Craftsman Automation. The transaction is conducted at arm’s length, ensuring compliance with the relevant regulations.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Stock in Focus: Craftsman Automation completes ₹376 crore acquisition of Sunbeam Lightweighting Solutions

Aditya Bhagchandani — Thu, 10 Oct 2024 00:51:40 +0000

Craftsman Automation has completed the acquisition of Sunbeam Lightweighting Solutions Private Limited for ₹376 crore. This deal includes the purchase of all securities of Sunbeam and an investment in optionally convertible debentures (OCDs) valued at ₹240 crore.

The acquisition marks Craftsman’s strategic move to expand its capabilities in lightweight automotive components, strengthening its position in the auto component manufacturing sector. The completion of this deal highlights Craftsman’s focus on growth through strategic acquisitions, with the company looking to leverage Sunbeam’s expertise to enhance its product portfolio.

Craftsman Automation Share Price history

Day	Open	Close	Day’s change
Wed, Oct 9 2024	₹6,275.00	₹6,216.25	+0.27%
Tue, Oct 8 2024	₹6,045.00	₹6,199.65	+2.29%
Mon, Oct 7 2024	₹6,390.00	₹6,060.70	-5.55%
Fri, Oct 4 2024	₹6,310.00	₹6,417.10	+1.41%
Thu, Oct 3 2024	₹6,400.00	₹6,327.85	-2.86%
Tue, Oct 1 2024	₹6,473.25	₹6,513.95	+0.61%
Mon, Sep 30 2024	₹6,396.50	₹6,474.60	+1.22%
Fri, Sep 27 2024	₹6,551.15	₹6,396.50	-2.91%

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Craftsman Automation completes ₹240 crore acquisition of Sunbeam Lightweighting Solutions

Aditya Bhagchandani — Wed, 09 Oct 2024 15:01:33 +0000

Craftsman Automation Limited has completed the acquisition of 100% of Sunbeam Lightweighting Solutions Private Limited. As part of the transaction, Craftsman has subscribed to ₹240 crore worth of optionally convertible debentures (OCDs) in Sunbeam.

The deal, first announced in August 2024, involved acquiring full legal and beneficial ownership of Sunbeam. The subscription to the 24 crore OCDs marks a significant step in completing the overall acquisition, which is set to finalize on October 10, 2024.

This move strengthens Craftsman Automation’s capabilities in the lightweighting sector, expanding its portfolio and market presence.

Craftsman Automation moves to acquire Sunbeam with ₹136 crore investment

Aditya Bhagchandani — Mon, 07 Oct 2024 10:43:29 +0000

Craftsman Automation Limited has taken a significant step towards acquiring Sunbeam Lightweighting Solutions by subscribing to 13.6 crore optionally convertible debentures (OCDs) for a total of INR 136 crore.

This forms part of a larger transaction outlined in an earlier agreement signed on August 5, 2024, between Craftsman Automation, Sunbeam, and Kedaara Capital Fund II LLP.

The company plans to acquire 100% ownership of Sunbeam and has an option to convert these OCDs into equity shares. The OCDs do not carry any voting rights.

The final closure of this acquisition, including the subscription of the remaining 24 crore OCDs and the transfer of complete ownership from Kedaara, is contingent upon certain conditions outlined in the Securities Subscription and Purchase Agreement (SSPA). Further updates will be provided upon completion of the full transaction

Craftsman Automation invests Rs 126 crore in German subsidiaries for strategic acquisitions and growth

News Desk — Fri, 27 Sep 2024 14:12:25 +0000

Craftsman Automation Limited has announced its latest investments in its wholly-owned subsidiaries, Craftsman Germany GmbH (“German Holdco”) and Craftsman Fronberg Guss GmbH (“German Sub”), as part of its ongoing international expansion and acquisition strategy.

The company has invested EUR 13.5 million (INR 1.26 billion) in the German Holdco towards the subscription of equity shares. This infusion will primarily be used for the acquisition of 100% of Fronberg Guss Immobilien GmbH’s share capital, working capital, and future growth opportunities. Furthermore, the German Holdco has invested EUR 5.6 million in its subsidiary, Craftsman Fronberg Guss GmbH, to facilitate the purchase of strategic assets under an Asset Sale and Purchase Agreement (APA) signed earlier this year.

These transactions are part of a larger acquisition plan where the German subsidiaries are focused on acquiring strategic assets and expanding their operational capabilities in the automotive and industrial engineering sectors. The funds will be deployed to enhance business operations, including working capital requirements and driving future growth in Germany.

The investments are a strategic move by Craftsman Automation to strengthen its foothold in Europe and the industrial engineering sector. These German subsidiaries are expected to be key players in the company’s long-term expansion plan.

Craftsman Automation shares drop 4% on Q1 results

Aditya Bhagchandani — Thu, 25 Jul 2024 04:07:48 +0000

Craftsman Automation’s shares declined by 4% in Thursday’s trading session following the release of their Q1 results for the fiscal year 2024. The company’s consolidated net profit fell by 28.58%, reaching Rs 53.19 crore in the quarter ended June 2024, compared to Rs 74.48 crore in the same period the previous year.

Despite the drop in net profit, Craftsman Automation reported a 10.94% increase in sales, which rose to Rs 1,151.19 crore from Rs 1,037.63 crore in the previous year’s quarter. However, the operating profit margin (OPM) decreased from 20.65% to 17.14%, reflecting a decline in profitability.

Key financial figures include a 13% drop in profit before depreciation and tax (PBDT), which stood at Rs 153.20 crore compared to Rs 175.74 crore in the previous year. Profit before tax (PBT) also decreased by 25%, from Rs 107.45 crore to Rs 80.71 crore.

As of 9:35 AM, Craftsman Automation’s shares were trading 4.11% lower at ₹5,095.05 on the NSE.

Craftsman Automation shares surge 10% after company signs MoU for acquisition

Aditya Bhagchandani — Tue, 25 Jun 2024 06:25:17 +0000

Shares of Craftsman Automation soared 10% on June 25 after the company signed a Memorandum of Understanding (MoU) to potentially acquire part or all of Sunbeam Lightweighting Solutions. The shares reached a day’s high of ₹5,363.85 on the BSE.

The MoU involves Craftsman Automation, Sunbeam Lightweighting Solutions, and Kedaara Capital Fund II. The acquisition is still subject to due diligence, final approval by the board of directors, execution of definitive documents, and other customary legal conditions.

As of 11:52 am, Craftsman Automation shares were trading 10.23% higher at ₹5,324.90 on the NSE.