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Craftsman Automation Q4 Review: ICICI Securities Maintains 'Buy' Post Decent Results, Hikes Target Price
Craftsman Automations's new acquisitions to lift growth, says ICICI Securities, maintaining 'Buy' on the stock
09 May 2025, 07:23 PM IST 
Craftsman Automation Ltd.’s Q4 FY25 Ebitda margin contracted ~480 bps YoY to 13.9%, in-line with estimate.
(Photo Source: Company)
Craftsman Automation's investments in FY25 were at Rs 10 billion, including: purchase of balance 24% DR Axion stake for Rs 2.5 billion; the Sunbeam investment of Rs 6.1 billion (Gurgaon plant sale in FY26 should reverse ~Rs 3 billion); and Fronberg acquisition for Rs 1.5 billion. The company expects capex to reduce to Rs 7.5–8 billion in FY26 (from Rs 11 billion in FY25). Craftsman Automation guides for revenue/Ebitda of Rs 70 billio...
