Craftsman Automation Announces Board Decisions on FY2026 Results, Dividend, and Key Appointments

Craftsman Automation Announces Board Decisions on FY2026 Results, Dividend, and Key Appointments​

Craftsman Automation Limited announced significant outcomes following its Board of Directors meeting held on May 7, 2026. The Board approved the audited standalone and consolidated financial results for the quarter and the financial year ended March 31, 2026. Key decisions included the recommendation of a final dividend and the re-appointment of senior leadership.

Financial Performance and Dividend Recommendation​

The Board of Directors recommended a final dividend of Rs. 11.25 per equity share of a face value of Rs. 5 per share (225%) for the financial year ended March 31, 2026. This dividend is subject to the approval of the Shareholders at the ensuing Annual General Meeting.

The company's financial results for the quarter and full year ended March 31, 2026, were approved by the Board. The consolidated financial results show the following key figures:

Statement of Consolidated Financial Results (Lakhs)


The company's total assets reached Rs. 8,97,830 lakhs at the year end, reflecting total equity of Rs. 3,26,406 lakhs.

Leadership and Governance Updates​

During the board meeting, the Company approved several key appointments and re-appointments:

1. Chairman and Managing Director: The Board recommended the re-appointment of Mr. Srinivasan Ravi as Chairman and Managing Director for a period of five years, effective from October 1, 2026, subject to shareholder approval. Mr. Ravi is noted for his three decades of experience in the automotive and precision engineering industry.
2. Whole Time Director: Mr. Ravi Gauthamram was also recommended for re-appointment as the Whole Time Director for five years, effective from October 1, 2026.
3. Senior Management Personnel: The Board approved the appointment of Mr. Arjun Sridhar, General Manager - Technology Development Division, Craftsman Storage Solutions, as a Senior Management Personnel.
4. Cost Auditors: M/s. S. Mahadevan & Co, Practicing Cost Accountants, were re-appointed as the Cost Auditors for the financial year 2026-27.

Annual General Meeting Details​

The Board also set the dates for the upcoming shareholder meeting. The 40th Annual General Meeting (AGM) is scheduled for Thursday, July 23, 2026, to be held via Video Conference (VC) or Other Audio-Visual Means (OAVM).

For shareholders, the record date for determining eligibility for the dividend is fixed as Thursday, July 16, 2026. The closure of the Register of Members will be from Friday, July 17, 2026, to Thursday, July 23, 2026.

Detailed Financial Data: Segment Revenue and Profit​

The Company reported its segment revenue and profitability figures. The reportable segments identified are Powertrain, Aluminium Products, and Industrial & Engineering.

Statement of Segment Revenue and Profit Before Exceptional Items (Lakhs)

CRAFTSMAN Stock Price Movement​

Shares of Craftsman Automation Limited are surging by 5.94% as of 12:32 PM, trading at ₹8236 and establishing a commanding presence in the market. The rally is fueled by strong momentum, with the stock hitting its 52-week high and moving on a substantial volume of 238,951 shares.