Financial Performance Highlights

Standalone Financial Results (FY 2025-26 vs FY 2024-25)

  • Operating Revenue: ₹4,818.08 Cr (vs ₹3,847.95 Cr) - 25.2% increase
  • EBITDA: ₹876.46 Cr (vs ₹588.58 Cr) - 48.9% increase
  • Profit Before Tax (PBT): ₹300.98 Cr (vs ₹127.55 Cr) - 136% increase
  • Profit After Tax (PAT): ₹221.47 Cr (vs ₹93.69 Cr) - 136% increase
  • EPS (Basic & Diluted): ₹92.84 (FY25: ₹40.30)

Consolidated Financial Results (FY 2025-26 vs FY 2024-25)

  • Operating Revenue: ₹8,069.27 Cr (vs ₹5,690.48 Cr) - 41.8% increase
  • Profit After Tax: ₹383.99 Cr (vs ₹200.87 Cr) - 91.1% increase
  • EPS (Basic & Diluted): ₹160.96 (FY25: ₹83.68)

Dividend Declaration

  • Final Dividend: ₹11.25 per equity share (225% on face value of ₹5 each)
  • Total Outlay: ₹26.84 Crores
  • Record Date: 16th July 2026
  • Book Closure: 17th July 2026 to 23rd July 2026
  • Payment: Within 30 days from approval at 40th AGM

Material Changes and Acquisitions

DR Axion India Limited Acquisition

  • Acquired 100% paid-up equity shares of Suprash Developers Private Limited on 19th December 2025
  • Consideration: ₹145.84 Cr
  • Resulted in Suprash and its subsidiary Srikara Technologies becoming step-down subsidiaries

Sunbeam Lightweighting Solutions Limited Conversion

  • Converted 13,53,80,000 Compulsorily Convertible Preference Shares and 37,60,00,000 Optionally Convertible Debentures into equity shares on 19th December 2025

Craftsman Germany GmbH Acquisition

  • Acquired Craftsman Germany GmbH on July 22, 2024 for EUR 57,000 (₹52 lakhs)

Segment Reporting

The company operates in three reportable segments:

1. Powertrain: ₹183.74 crore revenue - products for commercial/passenger vehicles, farm equipment

2. Aluminium Products: ₹180.07 crore revenue - products for two-wheeler, passenger and commercial vehicles

3. Industrial & Engineering: ₹110.66 crore revenue - castings, gears, material handling equipment

Subsidiaries Performance

  • DR Axion India Limited: Revenue ₹1,618.68 Cr, Profit ₹186.48 Cr
  • Sunbeam Lightweighting Solutions Limited: Revenue ₹1,396.96 Cr, Loss ₹40.36 Cr
  • Craftsman Germany GmbH: Revenue ₹345.98 Cr, Profit ₹16.68 Cr
  • Craftsman Europe B.V.: Revenue ₹21.96 Cr, Profit ₹2.74 Cr
  • Joint Venture (Carl Stahl Craftsman Enterprises): Revenue ₹90.30 Cr, Profit ₹3.74 Cr (30% holding)

Corporate Governance

  • Credit Rating: CRISIL Long-term facilities AA-/Stable, Short-term facilities A1+
  • Re-appointment Recommended: Mr. Srinivasan Ravi as Chairman and Managing Director, Mr. Ravi Gauthamram as Whole-Time Director for 5 years
  • CSR Spending: ₹209.32 Lakhs with establishment of Craftsman Group Charitable Trust
  • Total Workforce: 3,040 employees with 33.33% women representation on board
  • Energy Conservation Initiatives: Implementation of high-efficiency models, LNG transition, and 800 KW rooftop solar plant

Significant Accounting Policies

  • Property, Plant and Equipment recognized at historical cost less depreciation
  • Inventory valued using weighted average cost formula
  • Revenue recognized when performance obligation satisfied by transferring control
  • Hedge accounting applied for foreign currency and interest rate risk management

Foreign Exchange

  • Earnings: ₹260.09 Crores
  • Outgo: ₹984.23 Crores