Craftsman Automation is incorporating a new step-down subsidiary, Craftsman Fronberg Precision GmbH, in Germany to support its European operations. The initial capital investment is ₹0.28 Crore.
Craftsman Automation reported Q1 FY27 results with strong growth in the Aluminum segment and improving trends in Powertrain. Management focuses on massive capex for future growth in large stationary engines.
Craftsman reports a return to normalization but faces execution risks with high-cost greenfield expansion. Management is optimistic on demand despite global uncertainty and heavy capex requirements.
Craftsman Automation reported strong Q1 FY27 results with consolidated revenue of ₹2,432 Cr and 17% EBITDA margins. Strategy focuses on three verticals: Powertrain, Aluminum Products, and Industrial & Engineering.
Craftsman Automation submitted a Monitoring Agency Report from CRISIL. The report tracks the utilization of proceeds from a Qualified Institutions Placement.
Craftsman Automation Limited has appointed Mr. Santosh Kumar Singh as Senior Vice President - Operations. He brings over three decades of experience from Indian Railways.
Craftsman Automation scheduled a board meeting on July 29, 2026. The board will consider and approve unaudited financial results for the quarter ended June 30, 2026.