Craftsman Automation Limited was incorporated on July 18, 1986. The Company is a diversified engineering company with vertically integrated manufacturing capabilities, engaged in in the business of manufacturing engineering components, subassemblies, products and rendering of contract manufacturing services to various industries.The Company has a total built up area of over 1.5 million sq. ft. It inhouse state of the art equipment, engineered layout with processcontrols and necessary automation for quality and productivity. The Company recently set up a new unit in Pune with highend fully automated equipment from Italian and Swiss manufacturers. The Company set up a manufacturing line for a BS6 compliant, 4cylinder block to be fitted in a global OEMs MUVs LCVs. It received business from a leading domestic customer for rough machining of Block, Head Bed plate for their 5litre engine to be deployed in their BS6 compliant vehicles. The Company invested in a new technology for Inspection of BS6 Honing operation. It upgraded capabilities to meet Tier 4 norms for all Blocks Heads machined for tractor application.The Company received business nomination from a leading domestic SUV customer for manufacturing of Aluminium Gearbox housings for the compact Tractor. The Company received orders for multiple products from a leading domestic two wheeler manufacturer for their domestic and export vehicles and for supply of a number of products from various OEMs from the foundry unit. It initiated supplies of crankcases and head lamp casing to a leading two wheeler manufacturer for their recently launched series engines. The Company started the journey in the year 1986 as a small scale industry in the southern Indian city of Coimbatore, has grown to become a leader in precision manufacturing in diverse fields. During the financial years 2001 2006, the Company is an ISO 9001: 2000 ISO/ TS 16949:2002 registration certified and commenced the Aluminium Foundry Unit at Kurichi Satellite Unit at Pithampur. During the financial years 20072011, the Company entered into joint venture partnerships with Carl Stahl Mitsubishi. The Company bagged the Star Export House registration certification. The Company had a Subsidiary, Craftsman Europe B.V. Netherlands. It set up satellite units at Sriperumpudur, Jamshedpur, Pune Faridabad.During the financial years 20122016, the Company established storage solutions in Arasur, Coimbatore, Second Satellite Unit at Pune, Technology Division HPDC Foundry at Bengaluru and Aluminium Sand Foundry, HPDC LPDC In Arasur, Coimbatore. During the financial years 20172020, the Company set up machine services in Bengaluru and a storage manufacturing plant in Pune.In 202223, the Company acquired 76% of the total paidup equity share capital of DR Axion India Private Limited (DRAIPL) and thus effective 1st February 2023, DR Axion India Private Limited was made a Subsidiary of the Company.
What is the current share price of Craftsman Automation Ltd today on both NSE and BSE?
Craftsman Automation Ltd shares are currently priced at 4389.25 on NSE and 4391.4 on BSE as of 5/2/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.
How has Craftsman Automation Ltd [CRAFTSMAN] shares performed in the past ?
The past 1-year return of Craftsman Automation Ltd [CRAFTSMAN] share was 38.1. The Craftsman Automation Ltd [CRAFTSMAN] share hit a 1-year low of Rs. 3115 and a 1-year high of Rs. 5513.65.
What is the market cap of Craftsman Automation Ltd [CRAFTSMAN] ?
The market cap of Craftsman Automation Ltd is Rs. 9273.74 Cr. as of 5/2/2024 12:00:00 AM.
What is the current P/E ratio of Craftsman Automation Ltd [CRAFTSMAN] share price ?
The PE ratios of Craftsman Automation Ltd is 46.96 as of 5/2/2024 12:00:00 AM.
What is the current PB ratio of Craftsman Automation Ltd [CRAFTSMAN] share price ?
The PB ratios of Craftsman Automation Ltd is 6 as of 5/2/2024 12:00:00 AM
What is the Mutual Fund shareholding in Craftsman Automation Ltd?
The Mutual Fund Shareholding was 11.94% at the end of 5/2/2024 12:00:00 AM.
How can I buy Craftsman Automation Ltd shares?
You can easily buy Craftsman Automation Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.