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Craftsman Automation Ltd

CRAFTSMAN

Craftsman Automation Ltd

CRAFTSMAN
IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹11,855 cr, stock is ranked 490
Moderate RiskStock is 2.69x as volatile as Nifty
4,971.650.64% (+31.80)
4,971.650.64% (+31.80)

Price Chart

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IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹11,855 cr, stock is ranked 490
Moderate RiskStock is 2.69x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹11,855 cr, stock is ranked 490
Moderate RiskStock is 2.69x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
47.366.770.20%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
50.667.190.53%

Forecast & Ratings

Detailed Forecast 
60%
Analysts have suggested that investors can buy this stock

from 5 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Craftsman Automation is engaged in the business of engineering products and manufacturing services.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 19.53%, vs industry avg of 10.63%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 2.66% to 3.66%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 25.61%, vs industry avg of 23.31%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,112.771,490.671,832.051,501.051,570.202,224.803,195.624,469.824,621.27
Raw Materialssubtract406.260.00710.49571.71672.751,065.491,699.642,521.533,782.97
Power & Fuel Costsubtract66.1785.6096.6485.0982.10112.54166.06262.51
Employee Costsubtract147.94198.63216.83155.29144.62187.76233.50288.46
Selling & Administrative Expensessubtract86.1187.2799.3666.3553.3580.83116.07156.77
Operating & Other expensessubtract167.19813.98252.04221.84168.89236.24283.72343.63
Depreciation/Amortizationsubtract112.77149.15176.15196.40192.45205.99221.61277.69291.21
Interest & Other Itemssubtract89.66112.48140.55148.60107.2884.22120.23174.54181.04
Taxes & Other Itemssubtract-43.0712.0142.6215.7651.4088.64106.40140.22115.72
EPS39.6315.6848.3919.8847.2077.19117.56144.11118.48
DPS0.000.032.500.000.003.7511.2511.2511.25
Payout ratio0.000.000.050.000.000.050.100.080.09

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2023

Annual report

PDF

Investor Presentation

Mar 23PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsIndustrial Machinery

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Craftsman Automation Ltd38.946.770.20%
Cummins India Ltd57.1214.861.07%
Thermax Limited82.6012.010.25%
AIA Engineering Ltd28.734.890.46%

Price Comparison

Compare CRAFTSMAN with any stock or ETF
Compare CRAFTSMAN with any stock or ETF
CRAFTSMAN
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Shareholdings

Promoter Holdings Trend

Decreased Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has decreased by 6.29%

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding48.70%16.61%4.93%16.61%13.15%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep12.10%12.68%12.52%12.55%15.76%16.61%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Craftsman Automation Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Axis Small Cap Fund - Growth - Direct Plan

Growth
2.1871%1.08%-0.33%24/136 (+15)
Mirae Asset Large & Midcap Fund - Growth - Direct Plan

Growth
1.6310%0.51%0.15%85/105 (+1)
SBI Automotive Opportunities Fund - Direct Plan - Growth

Growth
1.3763%2.72%0.32%15/33 (-2)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Craftsman Automation Ltd

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateMay 17, 2024

Final
Final | Div/Share: ₹11.25

Dividend/Share

₹11.25

Ex DateEx Date

May 17, 2024

Cash Dividend

Ex DateEx DateJun 19, 2023

Final
Final | Div/Share: ₹11.25

Dividend/Share

₹11.25

Ex DateEx Date

Jun 19, 2023

Cash Dividend

Ex DateEx DateJun 9, 2022

Final
Final | Div/Share: ₹3.75

Dividend/Share

₹3.75

Ex DateEx Date

Jun 9, 2022

News & Opinions
Corporate
Craftsman Automation's subsidiary receives ratings action from CRISIL

Craftsman Automation announced that its subsidiary, Sunbeam Lightweighting Solutions has been assigned the following credit ratings by CRISIL Ratings as under: Long term rating - CRISIL BBB-/ Stable Short term rating - CRISIL A3 Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Earnings
Craftsman Automation consolidated net profit declines 34.75% in the September 2024 quarter

Net profit of Craftsman Automation declined 34.75% to Rs 61.69 crore in the quarter ended September 2024 as against Rs 94.54 crore during the previous quarter ended September 2023. Sales rose 2.96% to Rs 1213.95 crore in the quarter ended September 2024 as against Rs 1179.06 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1213.951179.06 3 OPM %15.8820.14 - PBDT158.30200.88 -21 PBT82.15134.05 -39 NP61.6994.54 -35 Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Craftsman Automation Q2 PAT slides 35% YoY to Rs 62 cr

Consolidated profit before tax stood at Rs 82.15 crore in Q2 FY25, down 38.71% from Rs 134.05 crore posted in the corresponding quarter previous year. Total expenses rose 8.44% to Rs 1,138.64 crore in quarter ended 30 September 2024. Cost of sales and services was at Rs 701.65 crore (up 9.18% YoY) and employee benefit expenses stood at Rs 83.22 crore (up 15.21% YoY) during the quarter. The company's revenue from Powertrain stood at Rs 431.11 crore (up 9.47% YoY), revenue from Aluminium Products was at Rs 582.66 crore (down 1% YoY) and revenue from Industrial & Engineering stood at Rs 200.18 crore (up 1.77% YoY) in Q2 FY25. On half year basis, the company's consolidated net profit decreased 32.03% to Rs 114.88 crore on 6.69% rise in revenue to Rs 2,365.14 crore in H1 FY25 over H1 FY24. Craftsman Automation is a diversified engineering company with vertically integrated manufacturing capabilities, engaged in three business segments, namely automotive-powertrain and others, automotive'aluminum products, and industrial and engineering. Shares of Craftsman Automation added 1.58% to Rs 5,593.10 on the BSE.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Craftsman Automation schedules board meeting

Craftsman Automation will hold a meeting of the Board of Directors of the Company on 23 October 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Craftsman Automation receives affirmation in credit ratings from CRISIL

Craftsman Automation has received reaffirmation in credit ratings for bank facilities at 'CRISIL AA-;Stable/ CRISIL A1+'. Powered by Capital Market - Live

3 months agoCapital Market - Live

Craftsman Automation Q1 Results Review - Consolidation Continues As Expected: ICICI Securities

4 months agoBloomberg Quint
Live Market Update
Barometers trade with moderate losses; bank shares under pressure

The domestic equity benchmarks traded with limited losses in the mid-morning trade. The Nifty traded below the 24,350 mark. Bank shares slipped for the third consecutive trading sessions. At 11:30 IST, the barometer index, the S&P BSE Sensex, was down 364.25 points or 0.43% to 79,802.63. The Nifty 50 index shed 81.50 points or 0.33% to 24,332.45. In the broader market, the S&P BSE Mid-Cap index shed 0.27% and the S&P BSE Small-Cap index rose 0.02%. The market breadth was positive. On the BSE, 1,936 shares rose and 1,754 shares fell. A total of 138 shares were unchanged. Buzzing Index: The Nifty Bank index fell 1.15% to 50,724.95. The index declined 2.97% in the three trading sessions. Axis Bank (down 6.36%), ICICI Bank (down 2.29%), AU Small Finance Bank (down 2.03%), IDFC First Bank (down 0.89%), State Bank of India (down 0.85%), Bank of Baroda (down 0.78%), IndusInd Bank (down 0.55%), Federal Bank (down 0.16%) edged lower. On the other hand, Kotak Mahindra Bank (up 0.81%) ,Punjab National Bank (up 0.71%) and HDFC Bank (up 0.46%) added. Axis Bank tumbled 6.36%. The bank reported 4.1% rise in standalone net profit to Rs 6,034.64 crore on 16.97% increase in total income to Rs 35,844.22 crore in Q1 FY25 over Q1 FY24. Stocks in Spotlight: Craftsman Automation slipped 2.68%. The company reported 28.6% fall in consolidated net profit to Rs 53.19 crore in Q1 FY25 from Rs 74.48 crore in Q1 FY24. Net sales increased by 10.9% year-over-year (YoY) to Rs 1,151.19 crore in the first quarter of 2024-25. JK Paper fell 6.99% after the company's consolidated net profit tumbled 54.73% to Rs 139.72 crore in Q1 FY25 as against Rs 308.67 crore posted in same quarter last year. Revenue from operations rose 8.16% year on year (YoY) to Rs 1,713.65 crore in the quarter ended 30 June 2024. Larsen & Toubro (L&T) added 1.44% after the EPC major's consolidated net profit rose 11.74% to Rs 2,785.72 crore on 15.12% increase in revenue from operations to Rs 55,119.82 crore in Q1 FY25 over Q1 FY24. Global Markets: Asian markets declined on Thursday as investors took a breather from the AI-fueled rally that has propelled stocks higher this year. Japan and South Korea both saw declines of over 2%, with chipmaker SK Hynix Inc. leading the downturn despite strong earnings. The US market suffered a significant setback, with the S&P 500 plunging 2.3% ' its worst day since December 2022. This marked the end of the longest period without a 2% drop since the 2008 financial crisis. The tech-heavy Nasdaq 100 plummeted 3.64%, dragged down by its largest components. Alphabet Inc. fell 5% after revealing higher-than-expected spending on its AI initiatives. Tesla Inc.'s stock plunged 12% following a disappointing profit report and delay of its robotaxi service. Nvidia Corp. also dropped 6.8%. The slump in the Magnificent Seven tech giants triggered a broad market sell-off. The Dow Jones Industrial Average also declined 1.25%. Powered by Capital Market - Live

4 months agoCapital Market - Live

Craftsman Automation edges lower after weak Q1 performance

4 months agoBusiness Standard

Craftsman Automation Drops To One-Month Low As Q1 Profit Misses Estimates

4 months agoBloomberg Quint
Spotlight
Craftsman Automation edges lower after weak Q1 performance

Net sales increased by 10.9% year-over-year (YoY) to Rs 1,151.19 crore in the first quarter of 2024-25. Total operating expenditure rose by 15.8% to Rs 953.86 crore in Q1 FY25 over Q1 FY24, due to higher raw material costs (up 11.9% YoY), higher other expenses (up 9.5% YoY) and higher employee expenses (up 10.2% YoY). Interest payments and depreciation charges for Q1 FY25 were Rs 49.15 crore (up 15.9% YoY) and Rs 72.49 crore (up 6.2% YoY), respectively. Profit before tax in Q1 FY25 stood at Rs 80.71 crore, down by 24.9% from Rs 107.45 crore posted in Q1 FY24. Craftsman Automation is a diversified engineering company with vertically integrated manufacturing capabilities, engaged in three business segments, namely automotive-powertrain and others, automotive'aluminum products, and industrial and engineering. Powered by Capital Market - Live

4 months agoCapital Market - Live