CRAFTSMANNSECraftsman Automation LimitedMediumNeutral
Announced Thu, 7 May · 13:25 IST

Craftsman Automation Limited has informed the Exchange about the appointment of Mr. Arjun Shridhar, General Manager - Technology Development Division, Craftsman Storage Solutions, as Senior Management Personnel of the Company.

Management Changes View source PDF

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AI summary

Craftsman Automation Limited held its Board meeting on May 7, 2026, approving audited financial results for FY2026 and recommending a final dividend of Rs. 11.25 per share (225%). Consolidated revenue grew 42% year-on-year to Rs. 806.9 crore, with profit after tax more than doubling to Rs. 38.4 crore. The Board also re-appointed Mr. Srinivasan Ravi as Chairman & Managing Director and Mr. Ravi Gauthamram as Whole Time Director for 5 years each. Additionally, Mr. Arjun Shridhar was appointed as Senior Management Personnel. The company announced its 40th AGM for July 23, 2026.

Likely market impact

Strong financial performance with near-doubling of profits signals operational strength. The dividend recommendation and re-appointment of key leadership are positive for shareholders, while the appointment of senior management indicates continued focus on leadership development.