Craftsman Automation Reports Financial Results for Q ended 30 June 2026; Highlights Operational Segments and QIP Proceeds
Craftsman Automation Limited has reported its Unaudited Standalone and Consolidated Financial Results for the quarter ended 30 June 2026, along with the Limited Review Report issued by the Statutory Auditors. The Board of Directors approved these results during a meeting held on 29 July 2026.The Company's consolidated financial performance saw Profit attributable to Own amounting to ₹38,399 lakhs for the quarter. Meanwhile, Standalone Financial Results showed total income at ₹8,13,063 and net profit for the period of ₹15,055.
Key Financial Highlights (in Lakhs)
The financial performance data highlights key operational areas across various periods:| Metric | Consolidated Q ended 30 June 2026 | Standalone Q ended 30 June 2026 |
|---|---|---|
| Total Income | 8,13,063 | 8,06,927 |
| Net Profit for the Period (Attributable to Own) | 38,399 | 15,055 |
| Earnings per Equity Share (Basic, Not annualised) | 160.96 | 62.25 |
Segmental Performance and Corporate Updates
The Company structures its operations into three reportable segments—Powertrain, Aluminium Products, and Industrial & Engineering—based on the consumption of products or services rendered. These segments represent a significant part of the business landscape.Focusing on segment revenue results for Q ended 30 June 2026:
| Segment | Net Sales/Income From Operations (lakhs) |
|---|---|
| Powertrain | 2,43,158 |
| Aluminium Products | 1,48,353 |
| Industrial & Engineering | 32,969 |
In addition to the operating results, the Company has been actively engaged in corporate finance and restructuring. During the quarter ended 30 June 2026, Craftsman Automation Limited issued 22,98,850 equity shares through a Qualified Institutions Placement (QIP) at an issue price of ₹18,700 per share (including securities premium). The QIP generated aggregate proceeds of ₹11.2 Crore lakhs. These funds are designated for the repayment or pre-payment of certain borrowings and general corporate purposes.
The Board of Directors had previously approved a composite scheme of arrangement on 11 March 2026, which involves the amalgamation of wholly owned subsidiary DR Axion India Limited (along with its subsidiaries) into Sunbeam Lightweighting Solutions Limited, pending approval from the National Company Law Tribunal.
Consolidated Entity Structure
The consolidated financial results reflect the results and other information of several key entities, including both subsidiaries and a joint venture. Among the listed subsidiaries are Craftsman Europe B.V., Craftsman Germany GmbH, and Craftsman Fronberg Guss GmbH. The joint venture is Carl Stahl Craftsman Enterprises Private Limited.CRAFTSMAN Stock Price Movement
As of 2:16 PM, shares of Craftsman Automation Limited surge to ₹9718, edging up 4.61% in live trading as the stock achieves its 52-week high against a backdrop of significant buying volume. The equity rallied sharply during the session, trading within a strong range and maintaining momentum with 282,774 shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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