CRAFTSMANBSECraftsman Automation LtdLowNeutral
Announced Thu, 7 May · 13:42 IST

We wish to inform you that 40th AGM of the Company will be held on Thursday, 23rd July, 2026, through VC or other Audio Visual means without a Common venue

Board & Shareholder Meetings View source PDF

CRAFTSMAN · price

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AI summary

Craftsman Automation reported strong FY2026 consolidated results with total income of Rs 485 crore (up 25% YoY) and net profit of Rs 384 crore (up 91% YoY). The board approved audited financial results with unmodified audit opinions. It recommended a final dividend of Rs 11.25 per share (225% on face value of Rs 5), subject to shareholder approval at the 40th AGM scheduled for July 23, 2026 via video conference. Key leadership re-appointments include Mr. Srinivasan Ravi as Chairman & Managing Director and Mr. Ravi Gauthamram as Whole Time Director for 5-year terms. The record date for dividend eligibility is July 16, 2026. Segment-wise, Aluminium Products (Rs 479 crore revenue) and Powertrain (Rs 218 crore) were the top performers.

Likely market impact

The company delivered exceptional full-year growth with net profit nearly doubling, signaling strong operational performance. The recommended 225% dividend indicates healthy cash generation and shareholder-friendly policies. Leadership continuity through key re-appointments provides stability.