Jyoti CNC Automation (JYOTICNC) Q1 26/27 earnings summary

Executive summary

• Q1 FY 2027 delivered strong standalone and consolidated revenue growth, supported by robust demand across engineering, automotive, EMS, defense, and precision sectors, and new product launches like the NX high-precision double column machine.

• Maintained a diversified order book of INR 4,848 crore as of June 30, 2026, reflecting healthy demand across key industries.

• Global operations, particularly at Huron, remained resilient despite revenue recognition delays and ongoing judicial investigation in France.

• Standalone and consolidated unaudited financial results for the quarter ended June 30, 2026, were approved with unmodified auditor opinions.

• Continued focus on innovation, capacity expansion, and customer qualification programs to support future growth.

Financial highlights

• Standalone Q1 FY 2027 revenue grew 37% YoY to INR 509.1 crore; consolidated revenue up 24% YoY to INR 508.5 crore.

• Standalone adjusted EBITDA (ex-Forex losses) was INR 145 crore (28.4% margin), up from INR 99 crore (26.5% margin) YoY; consolidated adjusted EBITDA INR 119 crore (23.4% margin).

• Standalone PAT rose 21% YoY to INR 88 crore (17.2% margin); consolidated PAT was INR 57 crore (11.2% margin), down 20% YoY due to higher costs and forex losses.

• Forex losses of INR 10 crore impacted EBITDA; prior year had a Forex gain of INR 20 crore.

• Basic and diluted EPS for the quarter were ₹2.51 consolidated and ₹3.85 standalone.

Outlook and guidance

• Management reaffirmed FY 2027 guidance of 25%-30% revenue growth and maintaining EBITDA margins around 25%.

• Capacity expansion to add 10,000 machines/year by September 2026, on top of the completed 6,000 machines/year base.

• Huron revenue guidance for FY 2027 is INR 300-325 crore with 8%-10% EBITDA margin.

• Order book stands at INR 4,848 crore, providing strong revenue visibility.

• Management expects recovery in the business of the operating step-down subsidiary and considers the strategic investment sound.