Craftsman Automation Limited commenced its journey in 1986 as a small-scale industry in Coimbatore, Tamil Nadu, and has evolved into a leader in precision manufacturing across diverse engineering sectors. The company operates as an engineering organization engaged in manufacturing precision components across three primary business segments: powertrain and other products for the automotive segment, aluminum products for the automotive segment, and industrial & engineering products segment.
The company specializes in manufacturing aluminum casting products and powertrain components for automotive and industrial engineering sectors, delivering products from raw casting to ready-for-assembly condition. Headquartered in Coimbatore, Craftsman Automation operates through 12 plants including 10 satellite units strategically located across India.
The Powertrain segment manufactures engine parts, including cylinder blocks and cylinder heads, camshafts, transmission parts, gear box housings, turbo charges, and bearing caps. The company holds a dominant position as the largest player in machining cylinder blocks and cylinder heads for intermediate, medium, and heavy commercial vehicles segment, as well as construction equipment industry in India. It ranks among the top three-four component players in machining cylinder blocks for the tractor segment.
The Aluminium Products segment offers crank case and cylinder blocks for two-wheelers, and engine and structural parts for passenger vehicles; gear box housings for heavy commercial vehicle; and aluminium casting products for power transmission applications. The company maintains presence across the entire value chain in the Automotive-Aluminium Products segment, providing diverse products and solutions.
The Industrial & Engineering segment provides stationary racking for warehouses, V-stores, roll form products, and automated storage and retrieval systems; and SPM and material handling products, gears and gear boxes, tool rooms, and mould bases and sheet metals. This vertical serves as a non-automotive business division catering to diverse user sectors, divided into High-End Sub-Assembly, Contract Manufacturing & Others, and Storage Solution sub-segments.
Craftsman Automation is a leading player in machining critical engine and transmission components for M&HCV and tractors. It stands as one of the most reputed players in the automotive aluminum space, a leading player in the automated storage market, and one of the leading brands in the conventional storage market. Over the years, the company has been instrumental in import substitution for critical powertrain parts and has established long-term relationships with several marquee domestic and global original equipment manufacturers (OEMs) and component manufacturers across its three business segments.
The company's plant configuration is flexible with machinery equipped for both individual and diversified processes, enabling optimal deployment to suit customer preferences and evolving requirements. Craftsman Automation provides comprehensive solutions including design, process engineering, and manufacturing including foundry, heat treatment, fabrication, machining, and assembly facilities.
For the quarter ended March 2025, sales rose 58.25% to ₹1,749.25 Crore compared to ₹1,105.34 Crore in the previous year. For the full year ended March 2025, sales increased 27.83% to ₹5,690.48 Crore against ₹4,451.73 Crore in FY24.
Net profit for Q4 FY25 rose 7.11% to ₹66.76 Crore compared to ₹62.33 Crore in the corresponding quarter of the previous year. However, for the full year ended March 2025, net profit declined 36.10% to ₹194.57 Crore compared to ₹304.47 Crore in FY24.
In the quarter ended December 2024, net profit declined 82.32% to ₹12.93 Crore compared to ₹73.12 Crore in December 2023, while sales rose 39.51% to ₹1,576.09 Crore versus ₹1,129.70 Crore in the previous year.
- Market capitalization: ₹13,115.08 Crore as of May 23, 2025.
- 52-week high: ₹7,121.25 and 52-week low: ₹3,700.
- P/E ratio: 67.41.
- Dividend yield: 0.08%.
Craftsman Automation Limited successfully completed its Initial Public Offering and listed its equity shares on BSE Limited and National Stock Exchange of India Limited (NSE) on March 25, 2021. Promoter holding stands at 48.70% as of March 2025.
The company's shares are part of multiple indices including BSE 500, Nifty 500, BSE SmallCap, Nifty MidSmallcap 400, and Nifty Smallcap 250, reflecting its growing market presence and investor confidence.
The company invested ₹1,500 Crore between FY17-22 on modernizing its manufacturing facilities, infrastructure, machines, equipment, and technology. These upgradations were undertaken to enhance machining and manufacturing capacities and meet growing demand for Automotive Powertrain and Others and Automotive – Aluminium Products from customers.
The company's focus has now shifted towards increasing capacity utilization with a capex run-rate of ₹100-120 Crore per year in the near term, primarily for maintenance and debottlenecking operations.
With its strong market position, diversified business segments, and continued focus on technological advancement, Craftsman Automation remains well-positioned to capitalize on the growing demand in the automotive and industrial engineering sectors.
