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4th August, 2026
The Manager - Listing, The Manager - Listing,
BSE Limited, National Stock Exchange of India Limited,
Rotunda Building, Exchange Plaza,
Phiroze Jeejeebhoy Towers, Bandra Kurla Complex ,
Dalal Street, Bandra (East),
Mumbai - 400 001 Mumbai - 400 051
Scrip Code: 543276 Stock Code: CRAFTSMAN
Dear Sir/Madam,
Sub: Transcript of the Earnings Conference Call on the Unaudited Financial
Results (Standalone & Consolidated) for the quarter ended 30th June,
2026;
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 and our intimation and
outcome letters dated 10th July, 2026, 28th July, 2026 and 30th July, 2026 respectively,
we are enclosing herewith the transcript of the earnings conference call organized on
Thursday, the 30th July, 2026 at 3.30 P.M. (IST) on the Unaudited Financial Results
(Standalone & Consolidated) for the quarter ended 30th June, 2026.
The transcript of the earnings conference call will be uploaded on the website of the
Company at www.craftsmanautomation.com.
We request you to kindly take the aforesaid information on record and disseminate the
same on your respective websites.
Thanking you.
Yours faithfully,
for CRAFTSMAN AUTOMATION LIMITED
Shainshad Aduvanni
Company Secretary and Compliance Officer
Encl: As above
Craftsman Automation Limited
Registered Office: Corporate Office:
123/4, Sangothipalayam Road, No.1087, 4th & 5th Floor, Krishna Towers, Tel + 91 422 71 610 00
Arasur Post, Coimbatore – 641 407 Avinashi Road, Coimbatore - 641037 fax + 91 422 71 612 34
Tamil Nadu, India Tamil Nadu, India info@craftsmanautomation.com CIN NO: L28991TZ1986PLCO01816
www.craftsmanautomation.com GST NO: 33AABCC2461K1ZW
CRAFTSMAN AUTOMATION LIMITED
Transcript of the Earnings Conference Call held on 30th July, 2026
for the quarter ended 30th June, 2026
This document might contain forward-looking statements that involve a number of risks,
uncertainties and other factors that could cause the actual results to differ materially from those
in the forward-looking statements. We do not intend or assume any obligation to update any
forward-looking statement, which speaks only as of the date on which it is made.
Moderator: Ladies and gentlemen, good day, and welcome to the Earnings Conference
Call of Craftsman Automation Limited. As a reminder, all participant lines will
be in the listen-only mode. There will be an opportunity for you to ask
questions after the opening remarks are concluded. Should you require
assistance during the conference call, please signal an operator by pressing
star then zero on your touchtone phone.
I now hand the conference over to Mr. Srinivasan Ravi, Chairman and
Managing Director of Craftsman Automation Limited. Thank you, and over to
you, Mr. Ravi.
Srinivasan Ravi: Good afternoon, everybody. Thank you very much for joining the Earnings
Call for Q1 FY27. I will leave the floor open for questions. Kindly proceed with
the questions.
Moderator: Thank you. Please note that some of the statements made during this
earnings conference call may constitute forward-looking statements, which
are subject to risks and uncertainties and are not guarantees of future
performance. We encourage you to refer to the disclaimer section in the
company's investor presentation. Further, the management will not be
addressing any customer-specific queries due to confidentiality obligations.
Participants are requested to avoid mentioning customer names while asking
questions.
We take the first question from the line of Mumuksh Mandlesha from Anand
Rathi Institutional Equities.
Mumuksh Mandlesha: Congrats on the strong results. Sir, firstly, the standalone powertrain has seen
a very strong growth on both revenues and EBIT, if you see Y-o-Y. Can you
just help us understand what are the key segments and products which are
doing well? And how do you see the order book for this segment? And how
one should look at the outlook going ahead?
Srinivasan Ravi: It is not really a strong trend. I would say that it was a muted trend earlier. It
has come to a normal situation as of now in the Q1 and this is likely to
continue...
Mumuksh Mandlesha: Sorry, my bad. Standalone aluminium part. Sorry, my bad, sir.
Page 1 of 11
Srinivasan Ravi: Aluminium, we are on a growth path, and this growth journey will continue.
The aluminium segment's pace of growth or the absolute growth and even
percentage growth, all of that will beat the other segments that is clear
because of the massive investments which has gone in the recent past. And
there are capacities still coming into place. Some capacities are still not
matured. So that is on a growth path for many more quarters.
Mumuksh Mandlesha: So, anything specific, which segments, particularly in this aluminium other 2-
wheeler, which are the segments?
Srinivasan Ravi: We are quite balanced. We are 4-wheeler heavy, if you look at the revenue
portion of it. Yes, closely followed by 2-wheeler. But I think the -- further on,
both are growing as far as we are concerned that more new orders are coming
in. Some are quick order wins where it will see the light of the day in a couple
of quarters or even in the next financial year.
Some are a little drawn. These orders are in the development stage, which
will come into production in FY 28 and FY 29. Most of the production is coming
in FY 29. So that will not reflect in the revenue in the coming quarters. But
whatever orders we have taken a few quarters back, some of it is already
coming into production as of now.
Mumuksh Mandlesha: Got it, sir. Sir, secondly, can you just update further on this Kothavadi plant
stationary engine order book from USD 100 million, which we crossed last
quarter? And just lastly, also on the Sunbeam transformation happening, so
how do you see that profitability for this entity ahead?
Srinivasan Ravi: Kothavadi project is -- Kothavadi is a foundry. Machining is done at the -- I
think the parent plant, Arasur, which is the biggest plant. So it is split into 2.
One is the revenue portion coming from the casting side at Kothavadi. One is
the machining side coming in from the Arasur plant. So the billing will happen
only from the Arasur plant.
So, I would say that -- I'll reiterate that we have targeted USD 100 million sort
of revenue in FY '29. We are on track for that. And there is a good glimpse
what we are having that in the future, we are starting to get more inquiries.
That means what orders or inquiries we're going to get in the next few
quarters, we'll see light of the day by FY 30 - 31. So that can take it beyond
the USD 100 million, whatever was initially projected.
As far as now we are concerned, we are now doing a little of the automotive,
but mostly on the general engineering castings, which are there, which is not
significant as of now. The capacity utilization is under buildup, I would say.
So we'll have 2 or 3 more quarters before we start seeing some revenue
trickle in this business.
Mumuksh Mandlesha: And just on the Sunbeam side, sir? How do you see the transformation and
profitability ahead, sir?
Page 2 of 11
Srinivasan Ravi: On the Sunbeam side, we have the restructuring is more or less complete,
but some restructuring, we have postponed to a few months because of
requests from customer on this matter, like there are exit customers, there
are exit parts where we have to handle the customer for a couple of quarters
more before we are able to exit that.
So, with that, I think by December, I think 90% of the turnaround or the
restructuring will be complete. So, as we move on quarter-on-quarter, we'll
see improved results coming from the current quarter onwards, I would say.
Moderator: We take the next question from the line of Mukesh Saraf from Avendus Spark.
Mukesh Saraf: My first question is regarding this capex that you have announced for the Unit
3 at Hosur. You mentioned that we are at about 85% utilization. Just trying to
understand, we had just
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