CRAFTSMANNSECraftsman Automation LimitedLowNeutral
Announced Thu, 7 May · 13:28 IST

Craftsman Automation Limited has informed the Exchange about Re-appointment of M/s. S.Mahadevan & Co, Practicing Cost Accountants as the Cost Auditors of the Company for the financial year 2026-27.

Management Changes View source PDF

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AI summary

Craftsman Automation Limited's Board approved audited Q4 and FY 2025-26 results showing strong performance. Standalone revenue grew 25% to Rs. 4,81,808 lakhs with profit of Rs. 22,147 lakhs (up 136%). Consolidated revenue rose 42% to Rs. 8,06,927 lakhs with profit of Rs. 38,399 lakhs (up 91%). The Board recommended a final dividend of Rs. 11.25 per share (225%). Key re-appointments include Mr. Srinivasan Ravi as Chairman & MD and Mr. Ravi Gauthamram as Whole-Time Director for 5 years each (subject to shareholder approval). M/s S.Mahadevan & Co was reappointed as Cost Auditors for FY 2026-27. The 40th AGM is scheduled for July 23, 2026.

Likely market impact

Strong financial performance with near-doubling of consolidated profits reflects robust operational growth across segments. The dividend recommendation and leadership continuity signal confidence in future prospects, which could be positive for shareholder returns.