Jyoti CNC Automation (JYOTICNC) Q4 24/25 earnings summary

Executive summary

• Achieved strong revenue growth in Q4 FY25 and FY25, with consolidated revenue up 36% YoY to ₹1,818 crore and net profit up 109% YoY to ₹316 crore, driven by robust demand in aerospace, defense, and auto sectors.

• Strategic focus on innovation, technology, and vertical integration, including electronics, mechatronics, and diversification into solar, EMS, and semiconductor sectors.

• Sustainability initiatives underway, targeting net-zero carbon footprint in the next few years.

• Maintained a robust order book of ₹4,346 crore as of March 31, 2025, providing strong visibility for future growth.

• Standalone and consolidated financial results for FY25 were approved and audited with unmodified opinions.

Financial highlights

• Q4 FY25 consolidated revenue: ₹576 crore, up 28% YoY; EBITDA: ₹178 crore, up 33% YoY; PAT: ₹109 crore, up 9% YoY.

• FY25 consolidated revenue: ₹1,818 crore, up 36% YoY; EBITDA: ₹491 crore, up 63% YoY; PAT: ₹316 crore, up 109% YoY.

• EBITDA margin improved to 30.9% in Q4 FY25 (from 29.7% YoY) and 27% for FY25 (from 22.5% YoY).

• Finance costs for FY25 declined 53% YoY to ₹42 crore; net debt-to-equity reduced to 0.22 in FY25 from 6.44 in FY24.

• Standalone and consolidated total assets and equity increased significantly year-over-year.

Outlook and guidance

• Targeting sustainable EBITDA margin of around 25% for FY26 and positive operating cash flow by end of FY26.

• Ongoing capacity expansion to add 10,000 machines per annum by June 2026, with INR 400–450 crore CapEx.

• Expecting robust demand and similar order flow momentum in FY26, especially in aerospace, defense, EMS, and semiconductor sectors.

• Capacity utilization at 90% in Q4; room to grow up to 35% more before new capacity comes online.

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