CRAFTSMANBSECraftsman Automation LtdHighNeutral
Announced Thu, 7 May · 13:09 IST

We wish to inform you that the Board of Directors at their meeting held on 7th May, 2026 has inter-alia approved the Reappointment of Mr. Srinivasan Ravi, Chairman and Managing Director ....

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
prior close
₹8340.00
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+0.1+0.0+1.9+3.2+15.9+13.5+11.4+10.6+10.1+8.3+16.7+14.9+16.7
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AI summary

Craftsman Automation's Board approved audited results for FY2026 showing strong performance with consolidated revenue of Rs. 806.69 crore (up 41.7% YoY) and profit before tax of Rs. 53.43 crore (up 98.2% YoY). The Board recommended a final dividend of Rs. 11.25 per share (225%). Key leadership continuity was maintained with re-appointment of Mr. Srinivasan Ravi as Chairman and Managing Director and Mr. Ravi Gauthamram as Whole Time Director, both for 5-year terms effective October 2026, pending shareholder approval. Mr. Arjun Shridhar was appointed as Senior Management Personnel. The 40th AGM is scheduled for July 23, 2026.

Likely market impact

Strong financial results with near-doubling of profits indicate robust operational performance. Leadership continuity through re-appointments provides stability. Dividend recommendation offers shareholder returns amid growth trajectory.