Craftsman Automation Ltd. News, Corporate filings and Earnings/Conference Calls

Name: Latest research reports of Craftsman Automation Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Craftsman Automation Ltd.
Rating: 5
Author: ICICI Securities Limited

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Craftsman Automation Ltd.

04 May 2024

5279.30

-1.18%

Corp. Note

Craftsman Automation Ltd - 543276 - Business Responsibility and Sustainability Reporting (BRSR)

BSE India

Pursuant to Regulation 34(2)(f) of the SEBI (LODR) Regulations, 2015, Please find enclosed the Business Responsibility and Sustainability Report (BRSR) adopted by the Company for the Financial year ended 31st March, 2024.

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Craftsman Automation Ltd.

04 May 2024

5279.30

-1.18%

Corp. Note

Craftsman Automation Ltd - 543276 - Reg. 34 (1) Annual Report.

BSE India

Pursuant to Regulation 34(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the 38th Annual Report of the Company for the financial year 2023-24 which is being sent through electronic mode to the Members. The Annual Report and the Notice of the 38th Annual General Meeting are also uploaded on the Company's website.

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Craftsman Automation Ltd.

04 May 2024

5279.30

-1.18%

AGM

Craftsman Automation Ltd - 543276 - Notice Of The 38Th Annual General Meeting Of The Company

BSE India

We wish to inform you that the 38th AGM of the Company will be held on 27th May, 2024 at 4.00 P.M. IST through Video Conferencing (VC)/other Audio Visual Means (OAVM) in accordance with the circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. We are attaching a copy of the notice of 38th AGM for your records.

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Craftsman Automation Ltd.

04 May 2024

5279.30

-1.18%

Company Update

Craftsman Automation Ltd - 543276 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

BSE India

Craftsman Automation Limited completes acquisition of DR Axion India Private Limited

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Craftsman Automation Ltd.

04 May 2024

5279.30

-1.18%

Company Update

Craftsman Automation Ltd - 543276 - Announcement under Regulation 30 (LODR)-Acquisition

BSE India

Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we wish to inform you that Craftsman Automation Limited ("Company") has entered into definitive agreement to acquire the remaining 24% of equity share capital ie., 2,70,83,884 of Rs.10 of DR Axion India Private Limited, a Material Subsidiary of the Company. This acquisition is subject to certain conditions mentioned in the definitive agreement. Upon completion of the transaction, DR Axion India Private Limited (DRAIPL) will be a Wholly Owned Subsidiary of the Company.

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Craftsman Automation Ltd.

02 May 2024

5279.30

-1.18%

Earnings Call

Craftsman Automation Ltd - 543276 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

BSE India

We wish to inform that the representatives of the Company had interaction with the Analyst/Institutional Investors.

pdf

Craftsman Automation Ltd.

30 Apr 2024

5279.30

-1.18%

Earnings Call

Craftsman Automation Ltd - 543276 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

BSE India

We wish to inform you that the representatives of the Company had interaction with the Analysts/ Institutional Investors.

pdf

Craftsman Automation Ltd.

30 Apr 2024

5279.30

-1.18%

Craftsman Automation Q4 Results Review - Weak Quarter, Gradual Recovery Likely From Q1 Onwards: Motilal Oswal

NDTV Profit

Encouraging traction seen in aluminum and industrial engineering segments

Craftsman Automation Ltd. high volume past week with price gain of 15.34.

Craftsman Automation Ltd.

30 Apr 2024

5279.30

-1.18%

Going through consolidation; aluminum segment providing stability

Buy: Craftsman Automation Ltd.

Target

ICICI Securities Limited

Craftsman Automation (CFTM)’s Q4FY24 EBITDA came in at INR 2.1bn, down 6% QoQ (vs consensus estimate of INR 2.4bn).

Craftsman Automation Ltd. has gained 15.34% in the last 1 Week

Craftsman Automation Ltd.

30 Apr 2024

5279.30

-1.18%

Weak 4Q, gradual recovery likely from 1Q onwards

Buy: Craftsman Automation Ltd.

Target

Motilal Oswal

Craftsman Automation (CRAFTSMA) reported a weak 4QFY24, largely due
to the subdued performance of the powertrain division, resulting in a lower
Revenue/PAT of INR11.1b/INR0.62b (vs. est. of INR11.9b/ INR0.86b).
However, aided by the strong order backlog in the Al and Industrial
Engineering segments, we expect the company’s performance to improve
over our forecast period.