Craftsman Automation Ltd
About
Craftsman Automation began in 1986 in Coimbatore to provide precision manufacturing. Now, its capabilities extend to product designing, casting, precision machining and assembly, welding and fabrication, surface and heat treatment, and more. Its businesses are divided into three main verticals: powertrain, aluminium products, and industrial and engineering. With subsidiaries like Craftsman Europe BV in the Netherlands, Craftsman Germany GmBH, Sunbeam Lightweighting Solutions in Haryana, and DR Axion India Pvt. Ltd. in Tiruvallur, Craftsman Automation is able to serve a diverse clientele in 18 countries all over the world. In addition to its 15 operational manufacturing plants, the company has 4 units coming up in Nagpur, Faridabad, Coimbatore, and Salarpur.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 4620 41.5% | 3266 44.8% | 2256 43.1% | 1576 6.1% | 1486 -19.2% | 1839 22.1% | 1507 32.8% | 1135 24.9% | 909 16.8% | 778 29.8% | 599 4.4% | 574 -4.6% | 601 80.2% | 334 75.8% | 190 - |
| Net Operating Income (INR Cr) | 4452 39.88% | 3183 43.55% | 2217 42.12% | 1560 4.52% | 1492 -17.91% | 1818 22.91% | 1479 34.23% | 1102 0.00% | 885 14.26% | 775 31.85% | 588 2.84% | 571 -4.80% | 600 79.88% | 334 75.81% | 190 0.00% |
| Profit (INR Cr) | 304 22.6% | 248 52.3% | 163 67.5% | 97 143.3% | 40 -58.9% | 97 208.8% | 32 -60.5% | 80 104.9% | 39 -25.9% | 53 23.5% | 43 0.7% | 42 -14.7% | 50 101.8% | 25 134.8% | 10 - |
| Assets (INR Cr) | 3509 30.8% | 2682 38.3% | 1939 8.6% | 1785 -5.5% | 1889 7.4% | 1760 17.4% | 1499 11.0% | 1350 29.5% | 1042 3.1% | 1011 8.9% | 928 9.7% | 846 23.0% | 688 64.1% | 419 52.9% | 274 - |
| Net Worth (INR Cr) | 1658 20.4% | 1377 21.2% | 1136 17.2% | 969 34.4% | 722 5.6% | 683 14.5% | 597 4.4% | 572 0.0% | 518 20.7% | 429 13.7% | 377 12.5% | 335 72.6% | 194 33.7% | 145 90.4% | 76 0.0% |
| Employee Cost (INR Cr) | 288 23.5% | 234 24.4% | 188 29.8% | 145 -6.9% | 155 -28.4% | 217 9.2% | 199 34.3% | 148 23.5% | 120 16.1% | 103 33.3% | 77 - | 0 - | 0 - | 0 - | 0 - |
| Interest Cost (INR Cr) | 175 | 120 | 84 | 107 | 149 | 141 | 112 | 90 | 76 | 62 | 53 | 51 | 50 | 0 | 0 |
| Cash & Bank Balance (INR Cr) | 83 | 47 | 43 | 47 | 72 | 27 | 49 | 40 | 15 | 15 | 6 | 9 | 17 | 12 | 5 |
| Total Debt (INR Cr) | 1755 | 1240 | 800 | 806 | 1058 | 985 | 847 | 777 | 521 | 582 | 551 | 510 | 493 | 274 | 198 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 6.6% | 7.6% | 7.2% | 6.2% | 2.7% | 5.3% | 2.1% | 7.0% | 4.3% | 6.8% | 7.1% | 7.4% | 8.2% | 7.4% | 5.5% |
| Profit As % Of Assets | 8.7% | 9.3% | 8.4% | 5.5% | 2.1% | 5.5% | 2.1% | 5.9% | 3.7% | 5.2% | 4.6% | 5.0% | 7.2% | 5.9% | 3.8% |
| Profit As % Of Networth | 18.4% | 18.0% | 14.4% | 10.0% | 5.5% | 14.3% | 5.3% | 14.0% | 7.5% | 12.2% | 11.3% | 12.6% | 25.5% | 16.9% | 13.7% |
| Interest Cost to EBITDA % | 19.9% | 17.6% | 15.8% | 24.5% | 37.9% | 31.8% | 38.3% | 39.3% | 34.0% | 31.5% | 34.6% | 32.7% | 31.3% | - | - |
| Debt to Equity Ratio | 1.06 | 0.90 | 0.70 | 0.83 | 1.47 | 1.44 | 1.42 | 1.36 | 1.01 | 1.36 | 1.46 | 1.52 | 2.54 | 1.88 | 2.59 |
| RONW | 22.2% | 20.0% | 15.5% | 11.5% | 6.3% | 15.2% | 5.4% | 14.0% | 8.2% | 13.0% | 11.9% | 15.9% | 29.2% | 22.1% | 13.7% |
| ROCE | 20.5% | 20.8% | 18.0% | 13.9% | 11.5% | 17.2% | 11.0% | 9.4% | 12.5% | 11.7% | 11.8% | 14.4% | 21.8% | 10.2% | 3.8% |