Integrated Filing — IndAS



General information about company

Scrip Code 543276
NSE Symbol CRAFTSMAN
MSEI Symbol NOTLISTED
ISIN INE00LO01017
Name of company CRAFTSMAN AUTOMATION LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 28-01-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 05-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 28-01-2026   12:00:00
End date and time of board meeting 28-01-2026   13:00:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Notes: 1. The above standalone financial results of Craftsman Automation Limited (‘the Company’) and consolidated financial results of the Company, its subsidiaries (together referred to as ‘Group’) and ajoint venture for the quarter and nine months ended 31 December 2025 are drawn up in accordance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('SEBI (LODR) Regulations'). These results were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at its meeting held on 28 January 2026. The above financial results were reviewed by the statutory auditors, who have issued unmodified review conclusion on these financial results. 2. The Company has reported segment information as per Indian Accounting Standard 108 Operating Segments (IND AS 108) read with SEBI’s circular CIR/CFD/FAC/62/2016 dated 05 July2016. Based on the end consumption of the products sold or services rendered, performance assessment and resource allocation by the management, the Company has identified the reportable segments as 1. Powertrain 2. Aluminium Products 3. Industrial & Engineering. Segments that are not significant are categorised as Others. Segment revenue comprises sales and operational income allocable specifically to a segment. Un-allocable expenditure mainly includes corporate expenses, finance cost and other expenses. Un-allocable income primarily includes other income. 3. During the quarter, the Company's subsidiary DR Axion India Private Limited acquired 100% of total equity of Suprash Developers Private Limited comprising 22,850 equity shares of Rs. 10 each along with its wholly owned subsidiary Srikara Technologies Private Limited for a total consideration of Rs. 14,585 lakhs. 4. The above consolidated results include the results and other information of the following entities Name of the entity Relationship DR Axion India Private Limited, India Subsidiary Suprash Developers Private Limited, India Subsidiary of DR Axion India Private Limited (w.e.f. 20 December 2025) Srikara Technologies Private Limited, India Subsidiary of Suprash Developers Private Limited (w.e.f. 20 December 2025) Sunbeam Lightweighting Solutions Private Limited, India Subsidiary (w.e.f. 09 October 2024) Craftsman Europe BV, the Netherlands Subsidiary Craftsman Germany GmbH, Germany Subsidiary (w.e.f. 22 July 2024) Craftsman Fronberg Guss GmbH, Germany Subsidiary of Craftsman Germany GmbH (w.e.f. 22 July 2024) Craftsman Fronberg Guss Immobilien GmbH, Germany Subsidiary of Craftsman Germany GmbH (w.e.f. 01 October 2024) Carl Stahl Craftsman Enterprises Private Limited, India Joint Venture 5. On 21 November 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and theOccupational Safety, Health and Working Conditions Code, 2020- consolidating 29 existing labour laws. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The Company has assessed and disclosed the incremental impact of these changes on the basis of actuarial valuation obtained and the best information available, consistent with the guidance provided by the Institute of Chartered Accountants of India. The incremental impact amounting to Rs. 368 lakhs on a consolidated basis and Rs. 301 lakhs on standalone basis in the provision for defined benefit obligation arises primarily due to a change in the wage definition, and has been presented under Exceptional Items in the unaudited financial results for the quarter and nine months ended 31 December 2025. The Company continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed 6. In addition to the incremental impact of labour codes as above, the exceptional items also include expenses incurred by Sunbeam Lightweighting Solutions Private Limited in relation to therelocation of its Gurgaon facility and transfer of control to the Company. 7. Figures for the previous year / periods have been regrouped / reclassified to conform to the figures presented in the current periods. On account of acquisition of the entities during the year ended 31 March 2025 and nine months ended 31 December 2025, the consolidated financial results for the quarter and nine months ended 31 December 2025 are not comparable with those of the quarter and nine months ended 31 December 2024 to that extent.



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 1,23,658.00 3,47,257.00
Other income 1,246.00 2,318.00
Total income 1,24,904.00 3,49,575.00
2 Expenses
(a) Cost of materials consumed 66,935.00 1,92,614.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (1,233.00) (8,921.00)
(d) Employee benefit expense 8,905.00 25,341.00
(e) Finance costs 6,464.00 17,979.00
(f) Depreciation, depletion and amortisation expense 8,282.00 23,788.00
(f) Other Expenses
1 Other Expenses 27,617.00 79,002.00
Total other expenses 27,617.00 79,002.00
Total expenses 1,16,970.00 3,29,803.00
3 Total profit before exceptional items and tax 7,934.00 19,772.00
4 Exceptional items (301.00) (301.00)
5 Total profit before tax 7,633.00 19,471.00
6 Tax expense
7 Current tax 1,258.00 3,828.00
8 Deferred tax 752.00 1,324.00
9 Total tax expenses 2,010.00 5,152.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 5,623.00 14,319.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 5,623.00 14,319.00
17 Other comprehensive income net of taxes 113.00 280.00
18 Total Comprehensive Income for the period 5,736.00 14,599.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1,193.00 1,193.00
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 23.57 60.02
Diluted earnings (loss) per share from continuing operations 23.57 60.02
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 23.57 60.02
Diluted earnings (loss) per share from continuing and discontinued operations 23.57 60.02
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes: 1. The above standalone financial results of Craftsman Automation Limited (‘the Company’) and consolidated financial results of the Company, its subsidiaries (together referred to as ‘Group’) and ajoint venture for the quarter and nine months ended 31 December 2025 are drawn up in accordance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('SEBI (LODR) Regulations'). These results were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at its meeting held on 28 January 2026. The above financial results were reviewed by the statutory auditors, who have issued unmodified review conclusion on these financial results. 2. The Company has reported segment information as per Indian Accounting Standard 108 Operating Segments (IND AS 108) read with SEBI’s circular CIR/CFD/FAC/62/2016 dated 05 July2016. Based on the end consumption of the products sold or services rendered, performance assessment and resource allocation by the management, the Company has identified the reportable segments as 1. Powertrain 2. Aluminium Products 3. Industrial & Engineering. Segments that are not significant are categorised as Others. Segment revenue comprises sales and operational income allocable specifically to a segment. Un-allocable expenditure mainly includes corporate expenses, finance cost and other expenses. Un-allocable income primarily includes other income. 3. During the quarter, the Company's subsidiary DR Axion India Private Limited acquired 100% of total equity of Suprash Developers Private Limited comprising 22,850 equity shares of Rs. 10 each along with its wholly owned subsidiary Srikara Technologies Private Limited for a total consideration of Rs. 14,585 lakhs. 4. The above consolidated results include the results and other information of the following entities Name of the entity Relationship DR Axion India Private Limited, India Subsidiary Suprash Developers Private Limited, India Subsidiary of DR Axion India Private Limited (w.e.f. 20 December 2025) Srikara Technologies Private Limited, India Subsidiary of Suprash Developers Private Limited (w.e.f. 20 December 2025) Sunbeam Lightweighting Solutions Private Limited, India Subsidiary (w.e.f. 09 October 2024) Craftsman Europe BV, the Netherlands Subsidiary Craftsman Germany GmbH, Germany Subsidiary (w.e.f. 22 July 2024) Craftsman Fronberg Guss GmbH, Germany Subsidiary of Craftsman Germany GmbH (w.e.f. 22 July 2024) Craftsman Fronberg Guss Immobilien GmbH, Germany Subsidiary of Craftsman Germany GmbH (w.e.f. 01 October 2024) Carl Stahl Craftsman Enterprises Private Limited, India Joint Venture 5. On 21 November 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and theOccupational Safety, Health and Working Conditions Code, 2020- consolidating 29 existing labour laws. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The Company has assessed and disclosed the incremental impact of these changes on the basis of actuarial valuation obtained and the best information available, consistent with the guidance provided by the Institute of Chartered Accountants of India. The incremental impact amounting to Rs. 368 lakhs on a consolidated basis and Rs. 301 lakhs on standalone basis in the provision for defined benefit obligation arises primarily due to a change in the wage definition, and has been presented under Exceptional Items in the unaudited financial results for the quarter and nine months ended 31 December 2025. The Company continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed 6. In addition to the incremental impact of labour codes as above, the exceptional items also include expenses incurred by Sunbeam Lightweighting Solutions Private Limited in relation to therelocation of its Gurgaon facility and transfer of control to the Company. 7. Figures for the previous year / periods have been regrouped / reclassified to conform to the figures presented in the current periods. On account of acquisition of the entities during the year ended 31 March 2025 and nine months ended 31 December 2025, the consolidated financial results for the quarter and nine months ended 31 December 2025 are not comparable with those of the quarter and nine months ended 31 December 2024 to that extent.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Powertrain 45,382.00 1,33,238.00
2 Aluminium Products 44,139.00 1,28,727.00
3 Industrial & Engineering 31,849.00 79,871.00
4 Others 2,288.00 5,421.00
Total Segment Revenue 1,23,658.00 3,47,257.00
Less: Inter segment revenue 0.00 0.00
Revenue from operations 1,23,658.00 3,47,257.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Powertrain 8,692.00 23,339.00
2 Aluminium Products 4,842.00 17,340.00
3 Industrial & Engineering 2,098.00 2,902.00
4 Others 0.00 0.00
Total Profit before tax 15,632.00 43,581.00
i. Finance cost 6,464.00 17,979.00
ii. Other Unallocable Expenditure net off Unallocable income 1,535.00 6,131.00
Profit before tax 7,633.00 19,471.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Powertrain 1,96,016.00 1,96,016.00
2 Aluminium Products 2,36,522.00 2,36,522.00
3 Industrial & Engineering 1,33,745.00 1,33,745.00
4 Others 0.00 0.00
Total Segment Asset 5,66,283.00 5,66,283.00
Un-allocable Assets 1,63,515.00 1,63,515.00
Net Segment Asset 7,29,798.00 7,29,798.00
4 Segment Liabilities
Segment Liabilities
1 Powertrain 1,28,092.00 1,28,092.00
2 Aluminium Products 1,60,614.00 1,60,614.00
3 Industrial & Engineering 1,06,853.00 1,06,853.00
4 Others 0.00 0.00
Total Segment Liabilities 3,95,559.00 3,95,559.00
Un-allocable Liabilities 40,896.00 40,896.00
Net Segment Liabilities 4,36,455.00 4,36,455.00
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) Notes: 1. The above standalone financial results of Craftsman Automation Limited (‘the Company’) and consolidated financial results of the Company, its subsidiaries (together referred to as ‘Group’) and ajoint venture for the quarter and nine months ended 31 December 2025 are drawn up in accordance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('SEBI (LODR) Regulations'). These results were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at its meeting held on 28 January 2026. The above financial results were reviewed by the statutory auditors, who have issued unmodified review conclusion on these financial results. 2. The Company has reported segment information as per Indian Accounting Standard 108 Operating Segments (IND AS 108) read with SEBI’s circular CIR/CFD/FAC/62/2016 dated 05 July2016. Based on the end consumption of the products sold or services rendered, performance assessment and resource allocation by the management, the Company has identified the reportable segments as 1. Powertrain 2. Aluminium Products 3. Industrial & Engineering. Segments that are not significant are categorised as Others. Segment revenue comprises sales and operational income allocable specifically to a segment. Un-allocable expenditure mainly includes corporate expenses, finance cost and other expenses. Un-allocable income primarily includes other income. 3. During the quarter, the Company's subsidiary DR Axion India Private Limited acquired 100% of total equity of Suprash Developers Private Limited comprising 22,850 equity shares of Rs. 10 each along with its wholly owned subsidiary Srikara Technologies Private Limited for a total consideration of Rs. 14,585 lakhs. 4. The above consolidated results include the results and other information of the following entities Name of the entity Relationship DR Axion India Private Limited, India Subsidiary Suprash Developers Private Limited, India Subsidiary of DR Axion India Private Limited (w.e.f. 20 December 2025) Srikara Technologies Private Limited, India Subsidiary of Suprash Developers Private Limited (w.e.f. 20 December 2025) Sunbeam Lightweighting Solutions Private Limited, India Subsidiary (w.e.f. 09 October 2024) Craftsman Europe BV, the Netherlands Subsidiary Craftsman Germany GmbH, Germany Subsidiary (w.e.f. 22 July 2024) Craftsman Fronberg Guss GmbH, Germany Subsidiary of Craftsman Germany GmbH (w.e.f. 22 July 2024) Craftsman Fronberg Guss Immobilien GmbH, Germany Subsidiary of Craftsman Germany GmbH (w.e.f. 01 October 2024) Carl Stahl Craftsman Enterprises Private Limited, India Joint Venture 5. On 21 November 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and theOccupational Safety, Health and Working Conditions Code, 2020- consolidating 29 existing labour laws. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The Company has assessed and disclosed the incremental impact of these changes on the basis of actuarial valuation obtained and the best information available, consistent with the guidance provided by the Institute of Chartered Accountants of India. The incremental impact amounting to Rs. 368 lakhs on a consolidated basis and Rs. 301 lakhs on standalone basis in the provision for defined benefit obligation arises primarily due to a change in the wage definition, and has been presented under Exceptional Items in the unaudited financial results for the quarter and nine months ended 31 December 2025. The Company continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed 6. In addition to the incremental impact of labour codes as above, the exceptional items also include expenses incurred by Sunbeam Lightweighting Solutions Private Limited in relation to therelocation of its Gurgaon facility and transfer of control to the Company. 7. Figures for the previous year / periods have been regrouped / reclassified to conform to the figures presented in the current periods. On account of acquisition of the entities during the year ended 31 March 2025 and nine months ended 31 December 2025, the consolidated financial results for the quarter and nine months ended 31 December 2025 are not comparable with those of the quarter and nine months ended 31 December 2024 to that extent.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement gains/(losses) on defined benefit plans (144.00) 13.00
Total Amount of items that will not be reclassified to profit and loss (144.00) 13.00
2 Income tax relating to items that will not be reclassified to profit or loss (37.00) 3.00
3 Amount of items that will be reclassified to profit and loss
1 Effective portion of gains or loss on hedging instruments in a cash flow hedge 295.00 362.00
Total Amount of items that will be reclassified to profit and loss 295.00 362.00
4 Income tax relating to items that will be reclassified to profit or loss 75.00 92.00
5 Total Other comprehensive income 113.00 280.00





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Sharp and Tannan Yes 31-05-2028