CRAFTSMANNSECraftsman Automation LimitedLowNeutral
Announced Thu, 7 May · 13:40 IST

Craftsman Automation Limited has informed the Exchange that the 40th Annual General Meeting of the Company will be held on Thursday, the 23rd July, 2026 through Video Conference (VC) or Other Audio-Visual Means (OAVM) without a common venue'.

Board & Shareholder Meetings View source PDF

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AI summary

Craftsman Automation reported strong FY2026 results with consolidated revenue of Rs 806.9 crore, up 42% from Rs 569 crore in FY2025. Standalone profit after tax more than doubled to Rs 22.1 crore from Rs 9.4 crore. Consolidated net profit jumped 91% to Rs 38.4 crore. The Board recommended a final dividend of Rs 11.25 per share (225%), subject to shareholder approval at the 40th AGM on July 23, 2026. Key leadership re-appointments include Mr. Srinivasan Ravi as Chairman & MD and Mr. Ravi Gauthamram as Whole-time Director, both for 5 years. Auditors issued an unmodified opinion on the financial statements. The company also disclosed acquisitions and an upcoming amalgamation scheme for its subsidiaries.

Likely market impact

Strong profitability growth and dividend recommendation are positive signals for shareholders. The doubling of standalone PAT and near-doubling of consolidated profit demonstrates operational strength, though investors should note increased borrowings supporting the growth strategy.