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Craftsman Automation to Set Up New Ludhiana Plant with ₹60 Crore Investment
Craftsman Automation's Board has approved the establishment of a new manufacturing facility in Ludhiana, Punjab, to enhance regional service efficiency. The project involves an estimated investment of ₹60 Crores, which will be financed 90% through term loans and 10% via internal accruals. This expansion is expected to add 5% to the company's Powertrain capacity at peak levels within a timeline of 9 to 12 months. Currently, the company's Powertrain segment operates at an average capacity utilization of 75%.
Key Highlights
Estimated investment of ₹60 Crores for the new facility in Ludhiana, Punjab
Proposed capacity addition of 5% to the Powertrain segment at peak levels
Project completion timeline estimated between 9 to 12 months
Financing structure consists of 90% term loans and 10% internal accruals
Current Powertrain segment capacity utilization stands at an average of 75%
💼 Action for Investors
Investors should monitor the timely execution of this plant as it strengthens the company's regional footprint and adds incremental capacity. The high debt-to-equity ratio for this specific project (90% loan) is worth watching in the context of the overall balance sheet.
Craftsman Automation Q3 Net Profit Surges to ₹110.5 Cr; Revenue Up 30.5% YoY
Craftsman Automation reported a robust performance for the quarter ended December 31, 2025, with consolidated revenue growing 30.5% YoY to ₹2,057.3 crore. Net profit witnessed a massive turnaround, reaching ₹110.5 crore compared to a low base of ₹12.2 crore in the previous year's quarter. The Aluminium Products segment continues to be the primary growth engine, contributing approximately 58% of the total revenue. The company also announced a strategic acquisition of Suprash Developers for ₹145.85 crore through its subsidiary, DR Axion India.
Key Highlights
Consolidated Revenue from Operations increased 30.5% YoY to ₹2,05,728 Lakhs.
Net Profit for the quarter rose to ₹11,050 Lakhs from ₹1,223 Lakhs in the year-ago period.
Aluminium Products segment revenue grew significantly to ₹1,20,335 Lakhs from ₹91,637 Lakhs YoY.
Subsidiary DR Axion India acquired 100% of Suprash Developers for ₹14,585 Lakhs on December 20, 2025.
Basic EPS improved to ₹46.32 from a loss per share of ₹0.87 in Q3 FY25.
💼 Action for Investors
The company demonstrates strong operational recovery and scale in its Aluminium segment. Investors should maintain a positive outlook given the healthy revenue growth and strategic inorganic expansion.