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CRAFTSMAN Q4 Results 2024

Craftsman's Q4 results show how they did financially from January to March. They discussed making more money and building a new plant.

by S Samayanka

Updated Apr 29, 2024

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CRAFTSMAN Q4 Results 2024

CRAFTSMAN Automation

Craftsman Automation is an engineering company that specializes in manufacturing quality components. The company commenced operations in 1986 in Coimbatore, Tamil Nadu. Craftsman Automation manufactures products, including automotive powertrain components and aluminum products, for the automotive and industrial sectors. 

Craftsman Automation is committed to empowering society and protecting the environment as part of its core values. 

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CRAFTSMAN Q4 Results

 

The company's Net Sales/Income from operations over five consecutive periods were 822.46, 805.17, 824.45, 755.71, and 785.52 respectively. There was no Other Operating Income reported for these periods, making the Total Income From Operations identical to the Net Sales figures for each corresponding period.

Expenditure details show variations across different categories. The Consumption of Raw Materials was only reported in one period at 417.07. Increase/Decrease in Stocks showed values such as -54.73, -18.58, -17.86, -14.94, and 8.64, indicating adjustments in inventory levels. Employee Costs were consistently around 60, with slight variations over the periods. Depreciation costs were also fairly consistent, ranging from 53.29 to 62.65.

A significant portion of expenses was categorized under Other Expenses, with values like 665.32, 183.24, 607.14, 550.81, and 553.56. This led to the Profit/Loss Before Other Income, Interest, Exceptional Items, and Tax being calculated at various figures such as 85.66, 98.39, 116.23, 105.23, and 114.26 for each period.

The company reported Other Income ranging from 1.60 to 5.31 across the periods. After accounting for Interest expenses, the Profit/Loss Before Exceptional Items & Tax was determined. Taxes for these periods ranged from 9.75 to 21.57, resulting in a Net Profit After Tax from Ordinary Activities showing an increasing trend, with figures such as 35.46, 45.33, 62.71, 54.09, and 70.34.

Basic and Diluted EPS values were identical for each period, reflecting consistent earnings per share post any extraordinary items. These values were 16.75, 21.45, 29.21, 26.60, and 33.76 respectively. There was no public shareholding reported, and the details regarding promoters’ pledged and non-encumbered shares were not provided.

Overall, the financial overview suggests a stable to increasing profitability, with most expenses and revenue streams showing consistent patterns, apart from significant fluctuations noted in Other Expenses and Net Profit figures.

 

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Net Profit of CRAFTSMAN Automation in Last Quarters

 

QUARTERLY RESULTS OF CRAFTSMAN AUTOMATION (in Rs. Cr.)

MAR '24

DEC '23

SEP '23

JUN '23

MAR '23

 
Net Sales/Income from operations 822.46 805.17 824.45 755.71 785.52  
Other Operating Income -- -- -- -- --  
Total Income From Operations 822.46 805.17 824.45 755.71 785.52  
EXPENDITURE            
Consumption of Raw Materials -- 417.07 -- -- --  
Purchase of Traded Goods -- -- -- -- --  
Increase/Decrease in Stocks -54.73 -18.58 -17.86 -14.94 8.64  
Power & Fuel -- -- -- -- --  
Employees Cost 63.56 66.23 62.43 56.54 55.77  
depreciat 62.65 58.82 56.51 58.07 53.29  
Excise Duty -- -- -- -- --  
Admin. And Selling Expenses -- -- -- -- --  
R & D Expenses -- -- -- -- --  
Provisions And Contingencies -- -- -- -- --  
Exp. Capitalised -- -- -- -- --  
Other Expenses 665.32 183.24 607.14 550.81 553.56  
P/L Before Other Inc. , Int., Excpt. Items & Tax 85.66 98.39 116.23 105.23 114.26  
Other Income 4.76 1.60 5.31 2.94 4.43  
P/L Before Int., Excpt. Items & Tax 90.42 99.99 121.54 108.17 118.69  
Interest 42.75 39.03 37.26 35.58 38.60  
P/L Before Exceptional Items & Tax 47.67 60.96 84.28 72.59 80.09  
Exceptional Items -- -- -- -- --  
P/L Before Tax 47.67 60.96 84.28 72.59 80.09  
Tax 12.21 15.63 21.57 18.50 9.75  
P/L After Tax from Ordinary Activities 35.46 45.33 62.71 54.09 70.34  
Prior Year Adjustments -- -- -- -- --  
Extra Ordinary Items -- -- -- -- --  
Net Profit/(Loss) For the Period 35.46 45.33 62.71 54.09 70.34  
Equity Share Capital 10.56 10.56 10.56 10.56 10.56  
Reserves Excluding Revaluation Reserves -- -- -- -- --  
Equity Dividend Rate (%) -- -- -- -- --  
EPS BEFORE EXTRA ORDINARY            
Basic EPS 16.75 21.45 29.21 26.60 33.76  
Diluted EPS 16.75 21.45 29.21 26.60 33.76  
EPS AFTER EXTRA ORDINARY            
Basic EPS. 16.75 21.45 29.21 26.60 33.76  
Diluted EPS. 16.75 21.45 29.21 26.60 33.76  
PUBLIC SHARE HOLDING            
No Of Shares (Crores) -- -- -- -- --  
Share Holding (%) -- -- -- -- --  
PROMOTERS AND PROMOTER GROUP SHAREHOLDING            
A) PLEDGED/ENCUMBERED            
- Number of shares (Crores) -- -- -- -- --  
- Per. of shares (as a % of the total sh. of prom. and promoter group) -- -- -- -- --  
- Per. of shares (as a % of the total Share Cap. of the company) -- -- -- -- --  
B) NON-ENCUMBERED            
- Number of shares (Crores). -- -- -- -- --  
- Per. of shares (as a % of the total sh. of prom. and promoter group). -- -- -- -- --  
- Per. of shares (as a % of the total Share Cap. of the company). -- -- -- -- --  

CRAFTSMAN Q4 Results - FAQs

1. What does Craftsman Automation do?

They make car parts and other industrial products.
 

2. Where is Craftsman Automation located?

They started in Coimbatore, Tamil Nadu, in 1986.
 

3. What happened in Craftsman Automation's Q4 meeting?

They discussed their finances and plans for raising money.
 

4. How did Craftsman Automation's stock price change recently?

It went up more than 7% on April 24th.

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