Jyoti CNC Automation Ltd
Jyoti CNC Automation Ltd
Capital GoodsKey Fundamentals
SmallcapIndustrial ProductsCapital GoodsInsights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Jyoti CNC Automation Ltd insights
40 extracted metrics + investor summaries across FY19–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Company has delivered good profit growth of 44.7% CAGR over last 5 years
Weaknesses
2- Stock is trading at 9.75 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
Growth Rate
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 5d agoJyoti CNC Automation is a ₹19,081 crore market-cap capital goods company that delivered 36% revenue growth and 109% PAT growth in FY25, with a robust order book of ~₹4,848 crore as of June 2026. However, the stock trades at a demanding 57.9x PE and 9.3x P/B, with TTM profit growth turning negative at -4% and zero dividend payout despite consistent profitability.
- FY25 consolidated revenue grew 36% YoY to ₹1,818 crore, demonstrating strong execution in a capital goods upcycle
- FY25 PAT surged 109% YoY to ₹316 crore, reflecting significant operating leverage as EBITDA margin expanded from 22.5% to 27%
- 5-year compounded sales CAGR of 32% and profit CAGR of 45% indicate a sustained high-growth trajectory
- Record order book of ~₹4,848 crore (as of June 2026) provides revenue visibility of over 2.5x annual standalone revenue
- Capacity expansion from 6,000 to 16,000 machines per annum underway by September 2026, addressing the 88% utilization constraint seen in Q2 FY26
- 3-year average ROE of 20% and last year ROE of 18% indicate efficient capital deployment relative to capital goods peers
- Diversified end-market exposure across aerospace, defence, automotive, and general engineering reduces single-sector dependency
- Huron acquisition provides access to European aerospace markets and high-precision technology, with facility capacity nearly doubled in November 2025
- Stock trades at 57.9x PE, a premium valuation that leaves little room for execution miss in a cyclical capital goods business
- P/B ratio of 9.3x is elevated, indicating the market has priced in significant future growth that must materialize to justify current levels
- TTM compounded profit growth has turned negative at -4%, suggesting recent quarterly earnings momentum has slowed after the FY25 surge
- Zero dividend yield despite repeated profitability signals that free cash flow is being consumed by capex and working capital, with no near-term shareholder returns
- Stock has declined 12% over the past 1 year, underperforming the broader market despite strong reported fundamentals
- Huron subsidiary faces accounting-change-related revenue deferrals and integration headwinds that have impacted consolidated results
- Aggressive capacity expansion from 6,000 to 16,000 machines carries execution risk and will require substantial capital outlay, potentially straining the balance sheet
- Capital goods sector is inherently cyclical; any slowdown in defence/aerospace capex or government capital spending could compress the order pipeline
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 20h ago- Strong FY27 revenue growth guidance Aug 10
Jyoti CNC guided 25-30% revenue growth for FY27 with EBITDA margins targeted at ~25% and operating cash flow at 50% of EBITDA.
- New capacity online by September Aug 10
A new 10,000-machine capacity facility set to begin operations by end of September, with total machine sales expected to surpass 8,000 units in FY27.
- Huron subsidiary turning profitable Aug 10
Subsidiary Huron projects FY27 revenue of INR300-325 crore with EBITDA margins of 8-10% and positive PAT, signaling turnaround.
- Import-substitution product launches Aug 10
Launched the high-precision NX double-column machine and is developing 8-meter and 10-meter models alongside proprietary drives, motors, and CNC controllers.
- Capex of INR200-250 crore in FY27 Aug 10
Capital expenditure guided at INR200-250 crore for FY27, indicating continued investment in capacity expansion and technology development.
- Q1FY27 earnings call hosted Aug 7
Jyoti CNC held its Q1FY27 earnings call on August 7, 2026, hosted by Anand Rathi Research, with the recording made available online.
- Equirus conference participation Aug 7
Company will attend the Equirus Annual India Conference on August 13-14, 2026, in Mumbai for investor meetings.
TL;DR: Jyoti CNC is executing well on growth with strong 25-30% FY27 revenue guidance, margin expansion targets, and significant capacity addition coming online by September. Huron's projected move to positive PAT and in-house technology development (proprietary CNC controllers, drives) are additional levers. No visible headwinds emerged in recent news, though execution risk on the ambitious capacity ramp and Huron margin targets remains. The trend is clearly positive with the company entering a phase of accelerated capacity utilization and product diversification.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 208 | 302 | 378 | 450 | 362 | 431 | 450 | 576 | 410 | 508 | 576 | 599 | 508 |
| Expenses | 192 | 248 | 282 | 316 | 277 | 324 | 337 | 398 | 310 | 383 | 421 | 452 | 400 |
| Operating Profit | 16 | 55 | 96 | 134 | 85 | 107 | 113 | 178 | 100 | 125 | 155 | 147 | 109 |
| OPM % | 8% | 18% | 25% | 30% | 23% | 25% | 25% | 31% | 24% | 25% | 27% | 25% | 21% |
| Other Income | -1 | 1 | 3 | 3 | 4 | 11 | 0 | 0 | 20 | 9 | 6 | 25 | 4 |
| Interest | 21 | 25 | 24 | 21 | 11 | 9 | 11 | 11 | 12 | 14 | 24 | 20 | 24 |
| Depreciation | 8 | 8 | 9 | 8 | 8 | 9 | 9 | 10 | 12 | 10 | 13 | 14 | 15 |
| PBT | -13 | 23 | 67 | 108 | 70 | 99 | 93 | 156 | 96 | 109 | 124 | 138 | 73 |
| Tax % | 5% | 27% | 28% | 7% | 27% | 24% | 14% | 30% | 26% | 22% | 28% | 34% | 22% |
| Net Profit | -14 | 17 | 48 | 100 | 51 | 76 | 80 | 109 | 71 | 86 | 89 | 91 | 57 |
| EPS in Rs | -4.1 | 0.86 | 2.44 | 4.38 | 2.24 | 3.34 | 3.53 | 4.79 | 3.14 | 3.76 | 3.89 | 3.98 | 2.51 |
Profit & Loss
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 965 | 687 | 532 | 746 | 929 | 1,338 | 1,818 | 2,093 | 2,191 |
| Expenses | 874 | 680 | 507 | 674 | 852 | 1,038 | 1,327 | 1,566 | 1,656 |
| Operating Profit | 92 | 7 | 25 | 73 | 77 | 301 | 491 | 527 | 535 |
| OPM % | 9% | 1% | 4.7% | 10% | 8% | 22% | 27% | 25% | 24% |
| Other Income | 55 | 44 | 10 | 4 | 54 | 6 | 5 | 60 | 44 |
| Interest | 73 | 71 | 76 | 82 | 90 | 90 | 42 | 70 | 82 |
| Depreciation | 36 | 37 | 38 | 36 | 34 | 33 | 36 | 50 | 53 |
| PBT | 38 | -58 | -79 | -42 | 7 | 185 | 418 | 467 | 444 |
| Tax % | 52% | -13% | -2% | 16% | 175% | 18% | 24% | 28% | — |
| Net Profit | 18 | -50 | -77 | -48 | -5 | 151 | 316 | 336 | 322 |
| EPS in Rs | 6.27 | -17.07 | -26.19 | -16.38 | -1.66 | 6.63 | 13.9 | 14.77 | 14.14 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 29 | 29 | 29 | 29 | 33 | 45 | 45 | 45 |
| Reserves | 216 | 160 | 77 | 12 | 49 | 1,319 | 1,641 | 1,956 |
| Borrowings | 579 | 648 | 722 | 792 | 835 | 304 | 497 | 853 |
| Other Liabilities | 423 | 469 | 552 | 453 | 598 | 510 | 609 | 761 |
| Total Liabilities | 1,247 | 1,307 | 1,381 | 1,286 | 1,515 | 2,178 | 2,792 | 3,615 |
| Fixed Assets | 344 | 344 | 322 | 292 | 283 | 322 | 469 | 746 |
| CWIP | 34 | 56 | 54 | 5 | 15 | 58 | 184 | 89 |
| Investments | 1 | 0 | 2 | 2 | 3 | 4 | 0 | 16 |
| Other Assets | 868 | 906 | 1,003 | 986 | 1,214 | 1,795 | 2,139 | 2,764 |
| Total Assets | 1,247 | 1,307 | 1,381 | 1,286 | 1,515 | 2,178 | 2,792 | 3,615 |
Cash Flow
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating | 144 | 25 | 28 | 39 | 42 | -48 | -105 | 54 |
| Investing | 54 | -36 | -18 | -31 | -32 | -170 | -329 | -302 |
| Financing | -191 | -2 | -3 | -15 | 3 | 505 | 145 | 287 |
| Net Cash Flow | 8 | -13 | 7 | -8 | 14 | 286 | -289 | 39 |
| Free Cash Flow | 200 | -11 | 14 | -2 | 8 | -163 | -415 | -269 |
| CFO/OP | 168 | 487 | 115 | 54 | 64 | 1 | -4 | 34 |
Ratios
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 66 | 105 | 149 | 98 | 57 | 68 | 98 | 104 |
| Inventory Days | 393 | 587 | 888 | 551 | 543 | 469 | 378 | 453 |
| Days Payable | 168 | 255 | 406 | 257 | 273 | 201 | 172 | 198 |
| Cash Conversion Cycle | 292 | 437 | 632 | 392 | 327 | 336 | 304 | 359 |
| Working Capital Days | 4 | -34 | -63 | -67 | -48 | 181 | 203 | 234 |
| ROCE % | — | -2% | 0% | 5% | 8% | 21% | 24% | 21% |
Documents
Frequently Asked Questions about Jyoti CNC Automation Ltd
What does Jyoti CNC Automation Ltd do?
Where is Jyoti CNC Automation Ltd (JYOTICNC) listed?
Which sector does Jyoti CNC Automation Ltd belong to?
What is the market capitalisation of Jyoti CNC Automation Ltd?
What is the PE ratio of Jyoti CNC Automation Ltd?
What is the 52-week high and low of Jyoti CNC Automation Ltd?
What is the Return on Equity (ROE) of Jyoti CNC Automation Ltd?
How can I research Jyoti CNC Automation Ltd on Tapetide?
Company Information
Jyoti CNC Automation is a leading manufacturer of simultaneous 5-axis CNC machines in India, with a 10% market share in the country. It has years of expertise in designing & manufacturing tools for companies in Aerospace, Defence, Auto Components, General Engineering and other industries.[1]