Craftsman Automation Limited

Equities

CRAFTSMAN

INE00LO01017

Industrial Machinery & Equipment

Market Closed - NSE India S.E. Other stock markets 07:43:48 2024-05-09 am EDT			5-day change	1st Jan Change
4,302 ^INR	-0.12%		-2.81%	-20.42%

May. 04	Craftsman Automation Limited entered into a definitive agreement to acquire 24% stake in DR Axion India Private Limited for INR 2500 million.	CI
Apr. 29	Transcript : Craftsman Automation Limited, Q4 2024 Earnings Call, Apr 29, 2024

Craftsman Automation Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2024

April 27, 2024 at 04:03 am EDT

Craftsman Automation Limited reported earnings results for the fourth quarter ended March 31, 2024. For the fourth quarter, the company reported sales was INR 11,053.4 million compared to INR 9,803.7 million a year ago. Revenue was INR 11,106.5 million compared to INR 9,852.5 million a year ago.

Net income was INR 623.3 million compared to INR 776.6 million a year ago. Basic earnings per share from continuing operations was INR 29.5 compared to INR 36.76 a year ago. Diluted earnings per share from continuing operations was INR 29.5 compared to INR 36.76 a year ago.

Latest news about Craftsman Automation Limited

Craftsman Automation Limited entered into a definitive agreement to acquire 24% stake in DR Axion India Private Limited for INR 2500 million.	May. 03	CI
Transcript : Craftsman Automation Limited, Q4 2024 Earnings Call, Apr 29, 2024	Apr. 29
Craftsman Automation Gets Board Approval to Raise Up to INR12 Billion Via Equity Offering	Apr. 28	MT
Craftsman Automation Limited Announces Management Appointments	Apr. 27	CI
Craftsman Automation Limited Approves to Make an Investment in Kinathukadavu Water Projects LLP	Apr. 27	CI
Craftsman Automation Limited Reports Earnings Results for the Full Year Ended March 31, 2024	Apr. 27	CI
Craftsman Automation Limited Recommends A Final Dividend for the Financial Year Ended 31 March, 2024	Apr. 27	CI
Craftsman Automation Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2024	Apr. 27	CI
Craftsman Automation Limited Receives Penalty Order from National Faceless Assessment Centre, Income Tax Department	Mar. 21	CI
4,225,940 Equity Shares of Craftsman Automation Limited are subject to a Lock-Up Agreement Ending on 21-MAR-2024.	Mar. 20	CI
Craftsman Automation Limited Announces the Assessing Officer, Assesment Unit, Income Tax Department Pronounces A Penalty Order U/S 271(1)(C) for Assessment Year 2014-15	Mar. 01	CI
Craftsman Automation to Begin Commercial Operation of New Plant in Sriperumbudur, India	Feb. 29	MT
Transcript : Craftsman Automation Limited, Q3 2024 Earnings Call, Jan 29, 2024	Jan. 29
Craftsman Automation Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Jan. 27	CI
Transcript : Craftsman Automation Limited, Q2 2024 Earnings Call, Oct 31, 2023	23-10-31
Craftsman Automation Plans to Set Up New Plant in Coimbatore, India	23-10-30	MT
Craftsman Automation Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	23-10-30	CI
Sulur Maharaja Solar Green Power Private Limited announced that it expects to receive INR 2.187 million in funding from Craftsman Automation Limited	23-10-29	CI
Craftsman Automation Limited Seeks Acquisitions	23-07-24	CI
Transcript : Craftsman Automation Limited, Q1 2024 Earnings Call, Jul 24, 2023	23-07-24
Craftsman Automation Limited Reports Earnings Results for the First Quarter Ended June 30, 2023	23-07-24	CI
Crisil Improves Rating on Craftsman Automation's Long-term Bank Financing to AA-; Outlook Stable	23-07-21	MT
Craftsman Automation Limited Approves Final Dividend for the Year Ended March 31, 2023	23-06-27	CI
Craftsman Automation Limited Announces Cessation of Chandrashekhar Madhukar Bhide as an Independent Director of Company	23-05-24	CI
Transcript : Craftsman Automation Limited, Q4 2023 Earnings Call, May 09, 2023	23-05-09

Chart Craftsman Automation Limited

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Company Profile

Craftsman Automation Limited is an India-based diversified engineering company with vertically integrated manufacturing capabilities. Its segments include Automotive-Powertrain & Others, Aluminium Products and Industrial & Engineering. The Automotive-Powertrain & Others segment develops, manufactures and sells goods and services of power trains and other products to the manufacturers of commercial/ passenger vehicles, farm equipment, mining and construction equipment. The Aluminium Products segment develops, manufactures, and sells goods and services consisting of aluminum products to the manufacturers of two wheelers, passenger vehicles and commercial vehicles and products for power transmission and other industrial usage. The Industrial & Engineering segment develops, manufactures, and sells goods and services, such as castings, gears, material handling equipment, special purpose machines, other general engineering products and storage products to various end user industries.

Sector

Industrial Machinery & Equipment

Calendar

2024-05-27 - Annual General Meeting

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Ratings for Craftsman Automation Limited

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

4,302 INR

Average target price

4,981 INR

Spread / Average Target

+15.78%

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Quarterly earnings - Rate of surprise

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