Jyoti CNC Automation (JYOTICNC) Q1 25/26 earnings summary

Executive summary

• Q1 FY26 consolidated revenue grew 13.4% year-over-year to INR 410–430.67 crores, with PAT up 40.2–40.3% to INR 71.2–71.42 crores, and robust order inflows and 75% capacity utilization.

• Order book stands at INR 4,412 crores, providing 24–30 months of revenue visibility.

• Board approved purchase of ~20 acres at Tumakuru Machine Tool Park for expansion, funded by internal accruals and debt.

• Company is investing in a new support and technology center in Karnataka and expanding overseas sales and service networks in the USA and China.

• Senior management designations updated for COO and Chief Strategy and Transformation Officer.

Financial highlights

• Q1 FY26 consolidated revenue: INR 410–430.67 crores (up from INR 361–365.82 crores in Q1 FY25).

• Gross margin improved to 55.9% from 53.2% year-over-year.

• EBITDA: INR 100.2 crores, up 6.5–7% year-over-year; EBITDA margin at 24.4% (down 160 bps year-over-year).

• PAT: INR 71.2–71.42 crores, up 40.2–40.3% year-over-year; PAT margin at 17.4% (up 330–340 bps).

• EPS for Q1 FY26 was INR 3.14, up from INR 2.24 year-over-year.

Outlook and guidance

• Management expects continued strong growth, with H2 typically stronger than H1; Q2 expected to be better than Q1.

• Capacity utilization expected to remain strong through FY26, with expansion to 10,000–16,000 machines annually by September 2026.

• Strategic expansion planned in the USA and China to strengthen overseas presence.

• No formal revenue guidance, but growth momentum is expected to be maintained, supported by a robust order book and capacity expansion.

• Execution risk is being managed by expanding team size and skill base.