Craftsman Automation Ltd (CRAFTSMAN) Q3FY25 Concall Summary - Dec-2024 Qtr
Performance Overview
- Craftsman Automation Ltd. made substantial investments of INR 1,015 crores during the year, including acquiring stakes in DR Axion and Sunbeam, and expanding into Germany.
- Sunbeam, now a wholly-owned subsidiary, achieved a turnover of INR 284 crores with a positive EBITDA of INR 10 crores in Q3.
- The Bhiwadi greenfield project, focused on structural parts and alloy wheels, commenced operations in August 2024 and is currently operating at 25% capacity.
- The Kothavadi plant is awaiting customer approvals for samples and expects to start production in Q4 FY25.
- A new greenfield project in Hosur is planned to complement the Bhiwadi alloy wheel plant, catering to customers in South India. Both plants have full order books for alloy wheels.
Financial Metrics
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Operating Performance / Business Segments
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Key Discussions & Insights
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Outlook and Guidance
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Challenges / Concerns
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Industry / Competitive Landscape
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Overall Summary
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