We wish to inform you that the Board of Directors at their meeting held on 7th May, 2026 has inter-alia approved the appointment of Mr. Arjun Shridhar, General Manager - Technology Development ....
CRAFTSMAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Craftsman Automation's Board approved audited FY2026 results with consolidated revenue of Rs. 806.9 crore (up 42% YoY) and net profit of Rs. 38,399 lakh (up 91% YoY). Basic EPS stood at Rs. 175.74. The Board recommended a final dividend of Rs. 11.25 per share (225%) subject to shareholder approval at the 40th AGM on 23rd July 2026. Key director re-appointments include Mr. Srinivasan Ravi as Chairman & Managing Director and Mr. Ravi Gauthamram as Whole Time Director, both for 5-year terms. Mr. Arjun Shridhar was appointed as Senior Management Personnel (General Manager - Technology Development). Cost auditors M/s. S.Mahadevan & Co were reappointed for FY2026-27. The company also has a proposed scheme of arrangement involving amalgamation of DR Axion India Limited into Sunbeam Lightweighting Solutions Limited.
Strong financial performance with near-doubling of profits demonstrates operational strength. Re-appointment of key leadership provides continuity. Dividend payout signals confidence. The appointment of a senior manager in technology development indicates focus on innovation capabilities.