Craftsman Automation Ltd

Meeting Details

• Date and time: 29 October 2026, 4:00 PM IST.
• Type and mode: Earnings conference call; group, virtual.
• Organiser: Craftsman Automation Limited; Diamond Pass via Chorus Call.
• Key participants: Chairman & Managing Director; Chief Financial Officer.
• Purpose: discuss unaudited standalone and consolidated results for quarter and half-year ended 30 September 2026.

Meeting Details

• Board meeting scheduled for 28 October 2026; time and venue not disclosed.

Key Agenda Items

• Consider unaudited standalone and consolidated results for quarter and half-year ended 30 September 2026, under limited review.

Other Notes

• Trading window closed from 1 October 2026 for 48 hours after results declaration.

Craftsman Automation Limited: Trading Window closed from 1 October 2026 until the expiry of 48 hours after the declaration of the unaudited financial results for the quarter and half year ending 30 September 2026 to the public.

Meeting Details

• Date and time: 2 September 2026, 12:00–13:00 IST.
• Type: one-on-one, virtual meeting.
• Event: Analyst / Institutional Investor Meeting with Allianz Global Investors.

Participants

• Company participant: representative (role unspecified).

Purpose

• Purpose: general investor interaction with Allianz Global Investors.

Additional Notes

• Note: No unpublished price sensitive information discussed.

Subsidiary incorporation

• Craftsman Fronberg Precision GmbH incorporated in Germany on 27 August 2026 as a WOS of Craftsman Germany GmbH.
• Consequently, it becomes a step-down wholly owned subsidiary of Craftsman Automation Limited, effective 27 August 2026.
• Initial share capital of EUR 25,000; 100% held by Craftsman Germany GmbH.
• Purpose: undertake machining and processing of engine and engineering components to support growth.
• An Annexure A disclosure notes turnover not applicable for the newly formed entity.
• Nature of consideration: cash subscription to share capital.

German subsidiary incorporation

• Board approval in Circular Resolution dated 21 August 2026 to incorporate Craftsman Fronberg Precision GmbH in Germany.
• Wholly owned by Craftsman Germany GmbH, becoming a step-down subsidiary of Craftsman Automation Limited on incorporation.
• Initial share capital of EUR 25,000 and cash subscription to share capital.
• Proposed for machining and processing of engine and engineering components to boost in-house capabilities.
• Subject to incorporation and registration formalities and applicable regulatory approvals.
• Proposed completion upon incorporation and registration in Germany.

Meeting Details

• Date: 14 August 2026; Time: not disclosed.
• Type/Mode: Physical meeting and one-to-one/group interactions.
• Organizer: Avendus Spark INDX Asia Edition conference.

Participants

• Company representative to attend.

Purpose

• Purpose: Analyst/institutional investor meeting at conference.

Additional Notes

• Note: No UPSI will be disclosed during the meeting.

Meeting Details

• Date: 12 August 2026; Time: not disclosed
• Type/Mode: Physical and one-to-one/group
• Event/Organizer: Emkay Confluence 2026 conference

Participants

• Company representative: Company Secretary & Compliance Officer

Purpose

• Participation in investor conference for analyst/institutional investor interaction

Additional Notes

• Schedule subject to change; no UPSI disclosed

Financial Performance

• Q1 FY27: powertrain growth not strong YoY; now normal pace.
• Aluminium segment on growth path; capacity additions driving faster growth.
• Orders favor 4W heavy and 2W; more production planned in FY29.
• Kothavadi: target USD 100 million revenue in FY29; casting at Kothavadi, machining at Arasur.
• Sunbeam: 90% restructuring complete by December; improving results from current quarter.

Capex & Investments

• DR Axion capex plan around INR 430 crores; two-year horizon; some spillover possible.
• Standalone capex averaging more than INR 1,000 crores; pace linked to growth.
• Consolidated capex around INR 1,500 crores for the year; revisions possible.
• Hosur Unit 3: high-pressure die casting; phased capacity; not alloy wheel.
• DR Axion land around INR 150 crores; ~50 acres; infra ~INR 75-80 crores.
• Sunbeam capex: maintenance plus capacity-building; DR Axion capex heavy.
• Funding via internal accruals; no immediate need for public-market funding.
• Depreciation around INR 500 crores currently.

Operations & Capacity

• Powertrain utilization around 70-75% on average; festive-season peak near 80%.
• Aluminium utilization above 80%.
• Alloy wheel capacity 5.8 million; expected to cross 4 million wheels this year.
• Capex across DR Axion and Sunbeam; phased over 2-4 quarters.

Projects & Programs

• Heavy horsepower engines: 6 customers; 4 orders; 1 order shortly.
• FY28: 30% revenue from new heavy HP projects; FY29: 50%; FY30: full revenue.
• Two products require 1-year productionization; data exchange with engineering teams.
• Sunbeam: exiting legacy low-margin lines; Q4 EBITDA mid-teens; revenue down 10-20%, margins up.

Guidance & Outlook

• Capex cycle has started in India; expected to continue long-term.
• Funding via internal accruals; no immediate need for public markets.
• Board may revise capex if demand improves; potential tail-end revisions.
• Land deal for DR Axion close to signing.

Q&A Highlights

• Capex distribution: DR Axion INR 430 crores; standalone > INR 1,000 crores; consolidated ~ INR 1,500 crores.
• Aluminium & powertrain: 4W/2W growth; utilization ~80%; future capacity aligned with demand.
• Heavy HP timelines: productionized by FY28/29; full revenue by FY30.
• Sunbeam: margin uplift from exiting low-margin lines; Q4 mid-teens EBITDA margin.

Meeting Details

• Date and time: 30 July 2026, 3:30 PM IST.
• Event: Earnings conference call for Craftsman Automation Limited.
• Recording available on company website.

Purpose

• Discuss unaudited financial results for the quarter ended June 2026.