CRAFTSMANBSECraftsman Automation LtdMediumNeutral
Announced Thu, 7 May · 13:34 IST

We wish to inform you that the Board of Directors at their meeting held on 7th May, 2026 has inter - alia approved the Re-appointment of M/s. S.Mahadevan & Co, Practising Cost Accountants ....

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+15.9%1-day move
₹7759.00
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₹8693.50
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AI summary

Craftsman Automation's Board approved audited FY26 results showing strong growth. Consolidated revenue increased to Rs 806.9 crore from Rs 569 crore, while profit before tax nearly doubled to Rs 5,343 lakh from Rs 2,697 lakh. Basic EPS (consolidated) stands at Rs 175.74 vs Rs 82.39 last year. The Board recommended a final dividend of Rs 11.25 per share (225%). Key leadership re-appointments include Mr. Srinivasan Ravi as Chairman & MD for 5 years and Mr. Ravi Gauthamram as Whole Time Director for 5 years, both subject to shareholder approval. The cost auditor M/s S.Mahadevan & Co was re-appointed for FY27. The 40th AGM is scheduled for July 23, 2026.

Likely market impact

Strong financial performance with near-doubling of profits signals operational strength. Dividend recommendation and leadership continuity are positive for shareholder returns and stock stability.