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Manufactures precision auto components, including powertrain parts and aluminum die-castings, for vehicle makers.
Manufactures precision auto components, including powertrain parts and aluminum die-castings, for vehicle makers.
Components are developed with a customer for a specific platform and then supplied through its life, so two-wheeler, commercial vehicle and passenger vehicle cycles drive volumes. Heavy machined parts for engines are a core skill.
In one line: A niche Indian precision auto-components maker.
Moat: narrow (customer qualification, process know-how). Precision-machining qualification with OEMs takes years to earn and switch away from.
Headquarters: Coimbatore, India · Founded: 1986 · Employees: 3,223
Size Craftsman Automation (CRAFTSMAN.NS) is an India Industrials company (Trucks/Construction/Farm Machinery) with a market value of $2.90B, the 294th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹10,465 on 6 Nov 2026.
Performance Over six months the shares gained 21.2%, against -12.8% for the median peer and 0.0% for the India market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 35.9% over the last twelve months (peer median +11.6%); the operating margin is 10.0% (peer median 7.7%).
Valuation It trades at 44.5× forward earnings against a peer median of 12.4× (3rd most expensive of 20).
Capital Return on invested capital runs 5.5 points below its cost of capital (13.7% WACC).
Next results Next results expected around 14 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹96.6B | ₹80.0B | ₹56.4B | ₹44.2B | ₹31.6B |
| Revenue growth | — | +42% | +28% | +40% | — |
| Gross profit | ₹30.7B | ₹11.6B | ₹7.67B | ₹7.57B | ₹5.90B |
| EBITDA | ₹14.5B | ₹11.9B | ₹7.99B | ₹8.57B | ₹6.72B |
| Net income | ₹5.27B | ₹3.84B | ₹1.95B | ₹3.04B | ₹2.48B |
| Free cash flow | n/a | -₹9.66B | -₹9.07B | -₹2.85B | ₹1.67B |
| Capital expenditure | n/a | ₹11.9B | ₹9.92B | ₹6.31B | ₹3.45B |
| Total debt | ₹38.9B | ₹36.2B | ₹23.6B | ₹17.5B | ₹12.4B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Craftsman Automation CRAFTSMAN.NS | $2.90B | +21% | +36% | 10% | 44.5× | n/a |
| Bharat Forge BHARATFORG.NS | $9.01B | -13% | +18% | 11% | 51.4× | 46.3% |
| Sansera Engineering SANSERA.NS | $2.86B | +70% | +23% | 13% | 61.5× | n/a |
| Endurance Technologies ENDURANCE.NS | $3.71B | -1% | +32% | 8% | 32.3× | 29.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CRAFTSMAN.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.6% | +1.2% | 9th highest of 21 |
| 6-month return | +21.2% | -12.8% | 3rd highest of 21 |
| Distance from 52-week high | -12.8% | -27.1% | 4th highest of 21 |
| Revenue growth (TTM) | +35.9% | +11.6% | 4th highest of 21 |
| Operating margin | 10.0% | 7.7% | 8th highest of 21 |
| Forward P/E | 44.5× | 12.4× | 3rd most expensive of 20 |
| ROIC minus cost of capital | -5.5 pp | +1.1 pp | 3rd lowest of 20 |
| EV / EBITDA | 21.2× | 9.8× | 3rd most expensive of 12 |
| Net debt / EBITDA | 2.3× | 0.6× | 4th most indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Craftsman Automation CRAFTSMAN.NS | India | $2.90B | +21% | +36% | 10% | 44.5× | n/a | n/a |
| Construcciones y Auxiliar de Ferrocarriles CAF.MC | Spain | $2.92B | +21% | +12% | 6% | 13.5× | 1.0% | +10.2% |
| Sany Heavy Equipment International 0631.HK | Hong Kong | $2.82B | -46% | +19% | 6% | 8.9× | 1.4% | +26.1% |
| Hd Ce 267270.KS | South Korea | $2.80B | -56% | +115% | 8% | 8.6× | -9.6% | +9.6% |
| Modec 6269.T | Japan | $3.03B | -46% | +17% | 9% | 7.7× | -21.3% | +18.6% |
| CITIC Heavy Industries 601608.SS | China | $3.15B | -24% | +5% | 4% | 45.9× | 14.5% | +5.1% |
| Garden Reach Shipbuilders & Engineers GRSE.NS | India | $2.60B | -31% | +40% | 10% | 26.5× | n/a | n/a |
| Guangxi Liugong Machinery 000528.SZ | China | $2.58B | -13% | +10% | 6% | 10.5× | -3.5% | +5.0% |
| China Railway Construction Heavy Industry 688425.SS | China | $3.29B | -13% | -1% | 12% | 12.4× | 1.9% | +5.7% |
| Tiandi Science & Technology 600582.SS | China | $3.30B | -6% | -6% | 4% | 10.4× | n/a | n/a |
| Cochin Shipyard COCHINSHIP.NS | India | $3.40B | -33% | -1% | 13% | 34.3× | n/a | n/a |
| Cadeler A/S CADLR.OL | Norway | $2.41B | -14% | +53% | 36% | 9.4× | n/a | n/a |
| Hiab HIAB.HE | Finland | $3.52B | -5% | +6% | 12% | 16.9× | 15.5% | -13.7% |
| China Railway Hi-tech Industry 600528.SS | China | $2.37B | -9% | -8% | 5% | n/a | -4.0% | +2.6% |
| Trinity Industries TRN | United States | $2.30B | -20% | -2% | 13% | 15.8× | n/a | n/a |
| Doosan Bobcat 241560.KS | South Korea | $3.64B | -28% | +11% | 9% | 9.0× | -13.3% | +15.5% |
| ZHEJIANG ZHONGJIAN TECHNOLOGY 002779.SZ | China | $2.26B | +2% | +28% | -17% | 150.7× | n/a | n/a |
| Takeuchi Mfg.Co 6432.T | Japan | $2.21B | +4% | +12% | 16% | 10.6× | 4.0% | +14.9% |
| Stadler Rail SRAIL.SW | Switzerland | $3.84B | +38% | +26% | 5% | 19.8× | 0.2% | +3.6% |
| Sumec 600710.SS | China | $2.18B | -9% | +14% | 4% | 9.8× | -17.2% | +3.6% |
| Bucher Industries BUCN.SW | Switzerland | $3.93B | +4% | -4% | 7% | 19.1× | -2.9% | +1.2% |