Craftsman Automation Limited has reported robust financial results for the financial year ended March 31, 2026. The company achieved a consolidated annual revenue of ₹8,06,927 lakhs and a profit for the period of ₹38,399 lakhs. Additionally, the Board has recommended a final dividend of ₹11.25 per equity share, marking a 225% payout, alongside key leadership reappointments and organizational updates to drive future growth.
Fiscal Year 2026 Financial Highlights
The company delivered strong financial performance for the year ended March 31, 2026. On a consolidated basis, revenue from operations reached ₹8,06,927 lakhs, up from ₹5,69,048 lakhs in the previous fiscal year. The profit for the period stood at ₹38,399 lakhs, compared to ₹20,087 lakhs in the prior year, reflecting significant growth across its core business segments.
Dividend and Shareholder Value
Reflecting its strong financial position, the Board has recommended a final dividend of ₹11.25 per equity share (with a face value of ₹5 each), representing a 225% payout for the financial year. This recommendation is subject to the approval of shareholders at the upcoming 40th Annual General Meeting.
Strategic Leadership Reappointments
To ensure continuity in its long-term strategy, the Board approved the re-appointment of two senior leaders for a period of five years, effective from October 1, 2026:
- Mr. Srinivasan Ravi as Chairman and Managing Director.
- Mr. Ravi Gauthamram as Whole Time Director.
These appointments underscore the leadership’s focus on operational excellence and sustained value creation.
Organizational Developments
The company continues to strengthen its management team, appointing Mr. Arjun Shridhar as a Senior Management Personnel. Furthermore, the company is moving forward with a composite scheme of arrangement to amalgamate its wholly owned subsidiary, DR Axion India Limited, into Sunbeam Lightweighting Solutions Limited, pending necessary regulatory approvals.
Annual General Meeting
The 40th Annual General Meeting is scheduled for Thursday, July 23, 2026, to be held via Video Conference. Shareholders should note that the Register of Members will remain closed from July 17, 2026, to July 23, 2026, with the record date for dividend eligibility fixed for July 16, 2026.
Source: BSE
