Craftsman Automation Ltd, established in 1986 and headquartered in Coimbatore, India, is a pioneering leader in precision engineering, catering to the automotive and industrial sectors. Renowned for its extensive product portfolio, the company specializes in aluminum die casting, sand casting, precision machining, sub-assemblies, storage solutions, and high-end precision products, all crafted with exceptional quality and attention to detail. Its state-of-the-art manufacturing facilities, combined with a dedicated and skilled workforce, enable the delivery of superior components and solutions that meet stringent global industry standards. Craftsman Automation’s relentless focus on innovation, quality, and customer satisfaction has driven its remarkable growth trajectory, culminating in its listing on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). With a global footprint and a steadfast commitment to excellence, the company continues to serve a diverse clientele, offering advanced engineering solutions and reliable manufacturing partnerships that set benchmarks in the industry.
Latest News on Craftsman Automation
Craftsman Automation Ltd has made a significant stride in its operations with the establishment of a greenfield alloy wheel manufacturing unit in the Salarpur Bhiwadi industrial area of Rajasthan. This state-of-the-art facility is strategically positioned to cater to the northern regions of India, aligning with the company’s objective of expanding its footprint and improving operational efficiency. The new unit is expected to bring substantial benefits by reducing logistics costs, enhancing supply chain efficiency, and ensuring faster delivery to clients in the northern market. This move underscores Craftsman Automation’s commitment to innovation, growth, and customer-centric strategies, positioning it as a leader in precision engineering solutions.
Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
Promoters + | 54.99% | 54.99% | 48.70% | 48.70% | 48.70% |
FIIs + | 12.52% | 12.55% | 15.76% | 16.61% | 16.99% |
DIIs + | 17.23% | 16.00% | 21.45% | 21.53% | 21.00% |
Public + | 15.26% | 16.45% | 14.08% | 13.14% | 13.30% |
No. of Shareholders | 82,695 | 85,914 | 79,498 | 72,494 | 74,061 |
The shareholding pattern of Craftsman Automation has witnessed significant changes over 2023 and 2024, reflecting shifts in investor confidence and ownership dynamics. Promoters’ stake, which stood at 54.99% in December 2023 and March 2024, saw a notable decline to 48.70% from June 2024 onwards, indicating a reduction in promoter ownership. Foreign Institutional Investors (FIIs) exhibited growing confidence in the company, with their stake increasing steadily from 12.52% in December 2023 to 16.99% by December 2024. Similarly, Domestic Institutional Investors (DIIs) raised their holdings, peaking at 21.53% in September 2024 before slightly settling at 21.00% in December 2024. On the other hand, public shareholding experienced a downward trend, decreasing from 15.26% in December 2023 to 13.30% by the end of 2024, suggesting a consolidation of ownership among larger investors. Additionally, the number of shareholders declined from 82,695 in December 2023 to 74,061 in December 2024, emphasizing the growing institutional focus on Craftsman Automation. These changes highlight a shift toward a more institutionally driven ownership structure, reflecting increased trust and interest from larger investors in the company’s growth and performance.
Below are the trading platforms that you can use to purchase Craftsman Automation shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
March 2025 | 4,399.99 | 3,384.61 |
April 2025 | 4,356.42 | 3,351.10 |
May 2025 | 4,229.54 | 3,253.49 |
June 2025 | 4,419.87 | 3,399.90 |
July 2025 | 4,333.20 | 3,333.23 |
August 2025 | 4,467.22 | 3,436.32 |
September 2025 | 4,520.83 | 3,477.56 |
October 2025 | 4,638.37 | 3,567.98 |
November 2025 | 4,754.33 | 3,657.18 |
December 2025 | 4,968.27 | 3,821.75 |
In March 2025, the share price of Craftsman Automation is expected to reach a maximum of ₹4,399.99 and a minimum of ₹3,384.61, reflecting potential market confidence during the period. Moving towards December 2025, the share price is anticipated to reach a peak of ₹4,968.27 and a low of ₹3,821.75, showcasing a positive growth trajectory for Craftsman Automation throughout the year.
When | Maximum Price | Minimum Price |
January 2026 | 5,117.32 | 3,936.40 |
February 2026 | 4,989.39 | 3,837.99 |
March 2026 | 5,089.18 | 3,914.75 |
April 2026 | 5,193.04 | 3,994.64 |
May 2026 | 5,141.62 | 3,955.09 |
June 2026 | 5,270.16 | 4,053.97 |
July 2026 | 5,166.82 | 3,974.48 |
August 2026 | 5,326.62 | 4,097.40 |
September 2026 | 5,433.16 | 4,179.35 |
October 2026 | 5,574.42 | 4,288.01 |
November 2026 | 5,713.78 | 4,395.21 |
December 2026 | 5,856.62 | 4,505.09 |
As we move into January 2026, the share price of Craftsman Automation is projected to reach a maximum of ₹5,117.32 and a minimum of ₹3,936.40, reflecting a promising start to the year. By December 2026, the share price is anticipated to climb further, reaching a peak of ₹5,856.62 and a low of ₹4,505.09.
When | Maximum Price | Minimum Price |
January 2027 | 5,915.19 | 4,550.14 |
February 2027 | 6,066.86 | 4,666.82 |
March 2027 | 6,303.47 | 4,848.82 |
April 2027 | 6,179.87 | 4,753.75 |
May 2027 | 5,999.87 | 4,615.29 |
June 2027 | 6,269.87 | 4,822.98 |
July 2027 | 6,146.93 | 4,728.41 |
August 2027 | 6,337.04 | 4,874.65 |
September 2027 | 6,558.84 | 5,045.26 |
October 2027 | 6,729.37 | 5,176.44 |
November 2027 | 6,897.60 | 5,305.85 |
December 2027 | 7,070.04 | 5,438.49 |
When | Maximum Price | Minimum Price |
January 2028 | 7,211.44 | 5,547.26 |
February 2028 | 7,396.35 | 5,689.50 |
March 2028 | 7,684.81 | 5,911.39 |
April 2028 | 7,534.13 | 5,795.48 |
May 2028 | 7,314.69 | 5,626.68 |
June 2028 | 7,643.85 | 5,879.88 |
July 2028 | 7,493.97 | 5,764.59 |
August 2028 | 7,725.74 | 5,942.88 |
September 2028 | 7,996.14 | 6,150.88 |
October 2028 | 8,204.04 | 6,310.80 |
November 2028 | 8,409.14 | 6,468.57 |
December 2028 | 8,619.37 | 6,630.28 |
When | Maximum Price | Minimum Price |
January 2029 | 8,791.76 | 6,762.89 |
February 2029 | 9,017.19 | 6,936.30 |
March 2029 | 9,368.86 | 7,206.81 |
April 2029 | 9,185.15 | 7,065.50 |
May 2029 | 8,917.62 | 6,859.71 |
June 2029 | 9,318.92 | 7,168.40 |
July 2029 | 9,136.19 | 7,027.84 |
August 2029 | 9,418.76 | 7,245.20 |
September 2029 | 9,748.41 | 7,498.78 |
October 2029 | 10,001.87 | 7,693.75 |
November 2029 | 10,251.92 | 7,886.09 |
December 2029 | 10,508.22 | 8,083.24 |
When | Maximum Price | Minimum Price |
January 2030 | 10,718.38 | 8,244.91 |
February 2030 | 10,993.21 | 8,456.32 |
March 2030 | 11,421.95 | 8,786.11 |
April 2030 | 11,197.99 | 8,613.84 |
May 2030 | 10,871.83 | 8,362.95 |
June 2030 | 11,361.06 | 8,739.28 |
July 2030 | 11,138.30 | 8,567.92 |
August 2030 | 11,482.78 | 8,832.91 |
September 2030 | 11,884.68 | 9,142.06 |
October 2030 | 12,193.68 | 9,379.75 |
November 2030 | 12,498.52 | 9,614.25 |
December 2030 | 12,810.99 | 9,854.60 |
As we progress into January 2030, the share price of Craftsman Automation is expected to reach a maximum of ₹10,718.38 and a minimum of ₹8,244.91, showcasing steady growth. By December 2030, the share price is projected to further advance, achieving a peak of ₹12,810.99 and a low of ₹9,854.60. This consistent upward trajectory throughout the year underscores the strong market potential of Craftsman Automation shares as we move forward into the future.
Financial Condition of Craftsman Automation
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 1,492 | 1,560 | 2,217 | 3,183 | 4,452 | 5,047 |
Expenses + | 1,095 | 1,122 | 1,683 | 2,499 | 3,573 | 4,251 |
Operating Profit | 398 | 438 | 534 | 684 | 879 | 796 |
OPM % | 27% | 28% | 24% | 21% | 20% | 16% |
Other Income + | 3 | 10 | 8 | 13 | 18 | 11 |
Interest | 149 | 107 | 84 | 120 | 175 | 195 |
Depreciation | 196 | 192 | 206 | 222 | 278 | 324 |
Profit before tax | 56 | 149 | 252 | 355 | 445 | 288 |
Tax % | 28% | 35% | 35% | 29% | 24% | |
Net Profit + | 40 | 97 | 163 | 251 | 337 | 205 |
EPS in Rs | 19.88 | 46.08 | 77.19 | 117.56 | 144.11 | 83.08 |
Dividend Payout % | 0% | 0% | 5% | 10% | 8% |
Craftsman Automation has displayed strong financial growth and operational expansion from March 2020 to the trailing twelve months (TTM), underlining its strategic execution and market presence. The company’s sales surged from ₹1,492 crore in March 2020 to an impressive ₹5,047 crore in the TTM, showcasing consistent business development. Alongside this, expenses rose from ₹1,095 crore to ₹4,251 crore during the same period, reflecting the scaling up of operations to meet growing demand. Operating profits improved significantly from ₹398 crore in March 2020 to ₹796 crore in the TTM, though the Operating Profit Margin (OPM%) declined from 27% to 16%, indicating pressure from increased costs. Other income remained a supplementary but steady contributor, peaking at ₹18 crore in March 2024 before stabilizing at ₹11 crore in the TTM. Rising interest and depreciation costs, which increased to ₹195 crore and ₹324 crore, respectively, highlight the company’s investments in infrastructure and financing.
Craftsman Automation’s profitability trajectory mirrors its operational expansion. Profit before tax grew from ₹56 crore in March 2020 to ₹445 crore in March 2024, although it moderated to ₹288 crore in the TTM due to higher costs. Net profit climbed from ₹40 crore in March 2020 to ₹337 crore in March 2024 but saw a decline to ₹205 crore in the TTM. The tax rate decreased from 28% to 24% over the years, reflecting improved tax efficiency. Earnings per share (EPS) grew remarkably from ₹19.88 in March 2020 to ₹144.11 in March 2024, before settling at ₹83.08 in the TTM. Dividend payouts have remained cautious, peaking at 10% in March 2023, underscoring the company’s strategy of reinvesting in growth. Despite margin pressures, Craftsman Automation’s financial performance highlights its resilience, operational effectiveness, and long-term commitment to creating shareholder value.
FAQs
What is the current market capitalization of Craftsman Automation?
Craftsman Automation’s current market capitalization stands at ₹ 9,577 crore.
As of February 17th, 2025, Craftsman Automation’s share price is ₹4,010.
Craftsman Automation’s expected share price targets for 2025 range from ₹3,253.49 to ₹4,968.27.
Craftsman Automation’s forecasted share price targets for 2030 range from ₹8,244.91 to ₹12,810.99.
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Conclusion: Craftsman Automation’s Financial Challenges and Strategic Outlook
In conclusion, Craftsman Automation Ltd. has demonstrated remarkable financial growth and strategic expansion, underscoring its resilience and strong market presence. The company has successfully increased its sales, operating profits, and profitability over the years, despite facing margin pressures from rising costs. Its innovative approach, exemplified by the establishment of a greenfield alloy wheel manufacturing unit in Rajasthan, signals its commitment to growth and operational efficiency. With positive financial metrics, such as increasing EPS and improving tax efficiency, Craftsman Automation remains well-positioned for future success. The company’s strong market potential, coupled with institutional investor confidence, makes it an attractive prospect for long-term growth, with promising share price targets for 2025 and beyond.
What did we learn?
- 1 Latest News on Craftsman Automation
- 2 Shareholdings Patterns of Craftsman Automation
- 3 How to Purchase Craftsman Automation Shares in India?
- 4 Craftsman Automation Share Price Target 2025 – 2030
- 5 Financial Condition of Craftsman Automation
- 6 FAQs
- 7 Conclusion: Craftsman Automation’s Financial Challenges and Strategic Outlook