Jyoti CNC Automation Ltd.
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ABOUT
KEY POINTS
Revenue Breakup Mar 2012 • Within India: 59.7% • Outside India: 40.3%
AI Sector View
AI GENERATEDCapital Goods
Capital goods is supported by strong public capex and still-expansionary industrial activity. Capital expenditure rose 66% YoY (2026-06), GST collections grew 8% YoY (2026-07), and the core industries Overall Index increased 5.4% YoY (2026-07). E-way bills slowed to 6% YoY (2026-07) and sector FPI flows show INR -9697 crore net outflow over 3 months to 2026-08-31, but the investment cycle and fiscal impulse remain favorable.
PROS
- Company has a healthy return on capital (ROCE) of 22.2%
- Company has delivered good sales growth of 29.3% CAGR over last 5 years
- Operating margins have improved to 24.9% from 10.8%
- Company comfortably covers its interest (7.7x coverage)
- Company maintains a comfortable, low leverage position
CONS
- Recent results are weak - TTM profit is down 10.8% versus prior year
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.12x)
- Operating cash flow has been negative in recent years
- Free cash flow has been persistently negative
- Total debt has risen sharply - up 71.0% year on year
- Equity base is being diluted - shares outstanding up 38.1%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BHEL | 430.60 | 61.64 | 149937.65 | 0.33 | 376.71 | 182.70 | 7697.72 | 40.29 | 9.24 | 6.69 |
| INDOMIM | 1018.90 | 94.43 | 50382.66 | 0.58 | 2401.22 | — | 12187.42 | — | 24.48 | 33.36 |
| THERMAX | 3680.25 | 73.91 | 43852.50 | 0.54 | 21.79 | -85.61 | 2302.73 | 7.09 | 15.85 | 2.98 |
| HONAUT | 34514.05 | 55.37 | 30515.68 | 0.32 | 150.70 | 20.95 | 1204.40 | 1.80 | 17.04 | 14.32 |
| JYOTICNC | 987.95 | 69.84 | 22468.26 | 0.00 | 57.14 | -19.99 | 508.47 | 23.97 | 21.34 | 21.40 |
| INOXINDIA | 2245.75 | 80.12 | 20418.91 | 0.09 | 58.07 | -4.98 | 370.79 | 9.18 | 33.54 | 20.46 |
| AZAD | 2846.00 | 132.25 | 18379.96 | 0.00 | 35.16 | 19.46 | 172.60 | 25.90 | 12.04 | 37.29 |
| TRITURBINE | 569.10 | 53.80 | 18091.60 | 0.75 | 511.00 | 693.48 | 4427.00 | 1092.30 | 35.95 | 11.59 |
| TEGA | 1731.10 | 615.52 | 13005.36 | 0.12 | -108.25 | -406.36 | 1723.44 | 383.99 | 8.37 | 3.27 |
| LLOYDSENGG | 82.72 | 57.36 | 12830.19 | 0.30 | 68.23 | -77.28 | 527.15 | 142.92 | 17.99 | 15.04 |
| KRN | 1595.75 | 107.75 | 10445.54 | 0.00 | 32.90 | 164.84 | 252.32 | 118.87 | 16.06 | 19.44 |
| KENNAMET | 4681.40 | 87.86 | 10288.89 | 0.00 | 31.50 | 11.31 | 267.30 | 12.55 | 18.99 | 17.51 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 208 | 302 | 378 | 450 | 362 | 431 | 450 | 576 | 410 | 508 | 576 | 599 | 508 | |
| 192 | 248 | 282 | 316 | 268 | 324 | 337 | 398 | 310 | 383 | 421 | 452 | 439 | |
| Operating Profit | 16 | 55 | 96 | 134 | 94 | 107 | 113 | 178 | 100 | 125 | 155 | 147 | 69 |
| OPM % | 7.85% | 18.04% | 25.47% | 29.73% | 26.00% | 24.75% | 25.04% | 30.86% | 24.43% | 24.53% | 26.84% | 24.60% | 13.65% |
| -1 | 1 | 3 | 3 | -5 | 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 |
| Profit before Tax | -13 | 23 | 67 | 108 | 70 | 99 | 93 | 156 | 96 | 109 | 124 | 138 | 73 |
| Tax % | -5.36% | 27.27% | 28.49% | 7.41% | 26.80% | 23.68% | 13.84% | 29.99% | 25.82% | 21.60% | 28.48% | 34.42% | 22.16% |
| Net Profit | 0 | 0 | 0 | 0 | 51 | 76 | 80 | 109 | 71 | 86 | 89 | 91 | 57 |
| -0.82 | 0.93 | 2.45 | 4.45 | 2.24 | 3.34 | 3.53 | 4.79 | 3.14 | 3.76 | 3.89 | 3.98 | 2.51 |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 774 | 848 | 965 | 687 | 580 | 746 | 929 | 1,338 | 1,818 | 2,093 | 2,191 | |
| 699 | 778 | 874 | 680 | 548 | 674 | 852 | 1,038 | 1,327 | 1,572 | 1,695 | |
| Operating Profit | 75 | 70 | 92 | 7 | 32 | 73 | 77 | 301 | 491 | 522 | 496 |
| OPM % | 9.66% | 8.30% | 9.49% | 1.02% | 5.46% | 9.73% | 8.27% | 22.46% | 27.00% | 24.92% | 22.63% |
| -16 | 38 | 55 | 43 | 10 | 4 | 54 | 7 | 5 | 66 | 44 | |
| Interest | 78 | 78 | 73 | 71 | 76 | 82 | 90 | 90 | 42 | 70 | 82 |
| Depreciation | 31 | 33 | 36 | 37 | 38 | 36 | 34 | 33 | 36 | 50 | 53 |
| Profit before Tax | -50 | -3 | 38 | -58 | -72 | -42 | 7 | 185 | 418 | 467 | 444 |
| Tax % | -12.52% | -331.72% | 51.61% | 12.54% | 2.16% | -15.69% | 174.58% | 18.43% | 24.35% | 28.08% | 27.59% |
| Net Profit | -56 | -12 | 18 | -50 | -70 | -48 | -5 | 151 | 316 | 336 | 322 |
| EPS | -19.63 | -4.28 | 6.27 | -17.07 | -4.75 | -0.33 | -0.37 | 6.63 | 13.90 | 14.78 | — |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 12%
- 5 Years:
- 29%
- 3 Years:
- 31%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 31%
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- 9%
RETURN ON EQUITY
- 10 Years:
- -10%
- 5 Years:
- -2%
- 3 Years:
- 20%
- Last Year:
- 18%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 29 | 29 | 29 | 29 | 29 | 29 | 33 | 45 | 45 | 45 |
| 202 | 215 | 216 | 160 | 83 | 12 | 49 | 1,319 | 1,641 | 1,956 | |
| 614 | 652 | 568 | 624 | 674 | 748 | 784 | 301 | 497 | 794 | |
| Trade Payables | 193 | 257 | 253 | 271 | 312 | 295 | 413 | 372 | 410 | 510 |
| 204 | 204 | 182 | 222 | 290 | 202 | 236 | 141 | 196 | 310 | |
| Total Liabilities | 1,241 | 1,358 | 1,247 | 1,307 | 1,388 | 1,286 | 1,515 | 2,178 | 2,789 | 3,615 |
| 414 | 353 | 344 | 344 | 321 | 293 | 283 | 322 | 469 | 720 | |
| Capital Work in Progress | 9 | 12 | 34 | 55 | 51 | 1 | 8 | 48 | 168 | 89 |
| 0 | 0 | 1 | 0 | 2 | 2 | 3 | 4 | 0 | 16 | |
| 552 | 588 | 591 | 625 | 645 | 634 | 820 | 866 | 900 | 1,166 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 249 | 487 | 599 | |
| Cash & Bank | 28 | 15 | 24 | 21 | 22 | 23 | 28 | 386 | 125 | 137 |
| 238 | 390 | 253 | 262 | 347 | 334 | 372 | 303 | 640 | 888 | |
| Total Assets | 1,241 | 1,358 | 1,247 | 1,307 | 1,388 | 1,286 | 1,515 | 2,178 | 2,789 | 3,615 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 229 | 124 | 154 | 34 | 27 | 39 | 49 | -48 | -105 | 87 | |
| Cash from Investing | -124 | -82 | 54 | -36 | -18 | -31 | -32 | -170 | -329 | -302 |
| Cash from Financing | -103 | -44 | -191 | -2 | -2 | -15 | 3 | 505 | 145 | 287 |
| -2 | -6 | 8 | -13 | 7 | -8 | 14 | 286 | -289 | 39 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-09 - Jyoti CNC Automation Limited has informed the Exchange about Copy of Newspaper Publication
2026-09-08 - Jyoti CNC Automation Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026
2026-09-03 - Jyoti CNC Automation Limited has informed the Exchange about Schedule of meet
2026-08-20 - Jyoti CNC Automation Limited has informed the Exchange about Schedule of meet
2026-08-17 - Jyoti CNC Automation Limited has informed the Exchange about General Updates
2026-08-14 - Jyoti CNC Automation Limited has informed the Exchange about Transcript
2026-08-08 - Jyoti CNC Automation Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-08 - Jyoti CNC Automation Limited has informed the Exchange about Link of Recording
2026-08-07 - Jyoti CNC Automation Limited has informed the Exchange about Schedule of meet
News
Recent coverage and analyst commentary for JYOTICNC
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