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

Executive summary

• Q1 FY26 consolidated revenue grew 13.4% year-over-year to INR 410.2 Cr, with robust performance across automotive, aerospace, defense, and general engineering sectors.

• PAT surged 40.3% to INR 71.4 Cr, reflecting improved profitability and operational efficiency.

• Order intake for Q1 FY26 was INR 451 Cr, with a diversified order book of INR 4,412 Cr, providing visibility for 24-30 months.

• Expansion plans include acquiring 20 acres at Tumakuru Machine Tool Park, Karnataka, and increasing capacity to 10,000 machines per year by September 2026.

• Board approved expansion of overseas sales and service network in the USA and China, with initial focus on sales and service.

Financial highlights

• Gross margin for Q1 FY26 improved to 55.9%, up 270 bps year-over-year.

• EBITDA for Q1 FY26 was INR 100.2 Cr, up 6.5% year-over-year; EBITDA margin was 24.4%, down from 26% in Q1 FY25.

• PAT margin rose to 17.4%, up 330-340 bps year-over-year; EPS was INR 3.14.

• Cash PAT grew 41.1% year-over-year to INR 83.7 Cr.

• Huron (France) contributed INR 70 Cr in revenue and INR 2 Cr in PAT for Q1 FY26.

Outlook and guidance

• Management expects a stronger second half, maintaining growth momentum and targeting 90% capacity utilization for FY26.

• Ongoing capacity expansion aims to increase annual production by 10,000 machines by September 2026.

• No formal revenue guidance; execution and skill development are key focus areas.

• Margins are expected to remain stable or improve, with no significant cost pressures anticipated.

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