Craftsman Automation (CRAFTSMAN) Q4 25/26 earnings summary

Executive summary

• Alloy wheel and aluminum businesses ramped up, with annualized exit rate of 3 million units and ongoing expansion at Bhiwadi and Shoolagiri plants; restructuring and consolidation efforts include Sunbeam, DR Axion, and Craftsman aluminum entities.

• Diversified engineering company with three business verticals—Powertrain, Aluminium Products, and Industrial & Engineering—serving multiple vehicle segments and operating 28 facilities across India and Germany.

• Achieved highest-ever consolidated revenue of ₹8,069 crores and EBITDA of ₹1,300 crores in FY26, with significant market capitalization growth since IPO.

• Net profit for FY26 was ₹38,399 lakhs, a significant increase from ₹20,087 lakhs in FY25, with the Board recommending a 225% final dividend.

• Results reflect impact of new subsidiaries, joint ventures, and ongoing restructuring, making year-over-year comparisons less direct.

Financial highlights

• FY26 consolidated revenue grew 42% year-over-year to ₹8,069 crores, with EBITDA up 51% to ₹1,300 crores and PAT up 91% to ₹384 crores.

• EBITDA for FY26 improved, with profit before tax at ₹53,430 lakhs versus ₹26,965 lakhs in FY25; earnings per share for FY26 were ₹175.74, up from ₹82.39 in FY25.

• Total assets increased to ₹8,97,830 lakhs as of March 31, 2026, from ₹7,11,644 lakhs a year earlier.

• Net cash from operating activities for FY26 was ₹52,168 lakhs, up from ₹28,333 lakhs in FY25.

• Gross profit and EBITDA margins improved year-over-year, reflecting operational efficiencies.

Outlook and guidance

• Revenue growth expected in the mid-teens for FY 2027, contingent on stable aluminum prices, with aluminum business targeted to reach $1 billion in revenue within two to three years.

• Strategic expansion through acquisitions, greenfield projects, and modernization of manufacturing facilities, with continued integration of recent acquisitions.

• Net debt to EBITDA expected to fall below 2 in the current year and further to 1.5, with focus on deleveraging.

• The company continues to monitor regulatory changes, especially regarding labor codes, and will adjust provisions as needed.