Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, and our intimation and outcome letter dated 19th April, 2025 and 8th May, 2025, we are enclosing herewith transcript of the ....
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Craftsman Automation reiterated its FY26 guidance of Rs. 7,000 crore revenue, Rs. 1,100 crore EBITDA, and Rs. 650-700 crore EBIT, noting that the worst is over for the powertrain business. The aluminum segment exited Q4 FY25 at a Rs. 1,000 crore run rate and is expected to reach Rs. 4,300-4,500 crore in FY26, supported by the Sunbeam acquisition (Q4 revenue ~Rs. 300 crore, targeting 8-10% EBITDA margin in FY26) and DR Axion (Q4 revenue Rs. 376 crore, 10-12% growth expected). The new powertrain (large stationary engines) business has its order book filling, with first revenues expected from FY27 and a peak of Rs. 800 crore targeted by 2029-2030. Alloy wheel revenue is guided at Rs. 300 crore from Bhiwadi and Rs. 150 crore from Hosur in FY26. CAPEX is guided at Rs. 750-800 crore for FY26 (Rs. 550 crore standalone), with a Rs. 1,200 crore QIP planned alongside a Rs. 300 crore Sunbeam land sale to support deleveraging of the ~Rs. 1,900 crore debt. Management stated negligible tariff impact as ~95% of exports are on Ex Works/FOB basis.
Reaffirmed strong FY26 growth trajectory across powertrain, aluminum, and storage segments provides earnings visibility for shareholders. Planned QIP and Sunbeam land sale should help reduce leverage, though execution of new powertrain ramp-up and Sunbeam consolidation remain key monitorables.