Jyoti CNC Automation

“So basically, we said that we will grow continuously next 2, 3 years by close to 25% to 30%, and will be maintained.”

“In Q2, let's say in H2, even the number of machines are going to increase furthermore because our capacity is now being put to use.”

“Absolutely. It will cover in H2.”

“Basically, I stated into my opening remarks that, we got 25%, almost INR255 crore subsidy from the central government.”

“So with that, we are expecting very soon, this sanction will come and we will close to 50% plus to the subsidy we will have out of INR1,020 crore there.”

“So what we have been projected, the total outlays of a close to INR450 crores to INR500 crores, we are going to be very near to that after this all completions over there.”

“In a first phase, we are going to do the investment in a one year time is close to INR400 crores to INR450 crores. And out of that, we are expecting close to a INR200 crores to be a subsidy there.”

“So our outlay is going to be INR200 crore for the next one year there.”

“We 1,500 capacity and we have executed 1,900. It means the new capacity is already into consideration there.”

“Today, we are going to do up to a 15 tonne single piece casting with the lost form, okay?”

“The existing foundry capacity is close to 1,500 tonne per month. With the new foundry capacity, we will reach to a 5,000 tonne per month.”

“Dispatches from this expanded capacity are expected to commence during the third and fourth quarter of FY27, providing an additional contribution to our growth in the second half of the year.”

“Speaking of our order book, we recorded a robust order book intake of INR800 crores during the quarter, taking our total order book to INR5,082 crores as of September 30, 2026.”

“The industries-wise order book comprises 36% of aerospace and defense, 22% from automotive and auto components.”

“Already, we have been clocked against the guidance is little bit higher.”

“Particularly in aerospace and defence, we are expecting further more orders in this quarter and coming quarters on a healthy numbers over there.”

“In a last quarter, there are some of the tenders has not been open as we have been expected. So that will come, and it means we are not lose any orders.”

“21% of our revenue came from aerospace and defense, 36% from automotive and auto components, 28% from general engineering, 7% from electronics and manufacturing services, 1% from die and molds.”

“Even in EMS now in this quarter it is almost you can see there is the execution also has been improved there. And we are expecting furthermore improvement will come in the next 2 quarters there.”

“The last quarter also in Huron, we have booked close to INR30 crore revenue, and this quarter also we have booked INR42 crore, okay?”

“So what we are looking to be INR250 crores, INR300 crores, we will get it soon there once the clarity will come.”

“So in a consol, it has been nullified there, okay? And that's how it's become a INR15 crore there, okay?”

“This order book is on the back of a strong demand from the auto sector, where OEMs are adding more capabilities, more capacities, particularly in the EV space.”

“As we continue to improve capacity utilization and ramp up production, we expect our volumes to grow further going forward.”

“in Rajkot, a standalone we are looking, this year we will be crossing more than 2,000 machine only from my town.”

“We are very much confident in the next 3 years, we are clearly visibilities are there.”

“In fact, still there is a great opportunity is there and our 62% is still is import there.”

“On the profitability front as well, Q2 FY27 EBITDA stood at INR164 crores compared to the INR111 crores in Q2 FY26, with margin of 28%, an increase of 320 basis points.”

“On a profitability front, Q2 FY27 EBITDA stood at INR131 crores compared to INR125 crores, with margin standing at 21.8%. Q2 PAT stood at INR73 crores, with margin standing at 12%.”

“So basically, definitely yes, we are going to invest whatever the benefits we are going to improve in a margin, we are going to invest into R&D there.”

“we have been put up almost in this last 6 months, we have close to 950 people and been add on. And this revenue still is going to come. So costs are being booked, okay.”

“my aerospace, defence, or entry-level product and all product mix, my margin is not going to be affected there.”

“Basically, we are at close to 190 days. And end of the year, we are looking to further lesser than this, basically.”

“Now, today, we are close to a 47% of our OCF is against the EBITDA. And we are looking to be a 50% numbers to end of this year.”

“No, it will be stable in a quarter-to-quarter there.”

“So basically, this is a operational, let's say the utilization and all, on a working capital and everything is a reduction of our interest cost there.”

“One of the product development front, we recently developed the MTX 100”

“Through this initiative, we aim to develop in-house manufacturing capabilities for key components such as CNC controllers, motors, drives, and operator interfaces.”

“And industrial automation is the robotics is the first priority for us there, basically.”

“Now that number has reached to almost more than 110 people. And we are expecting 40, 50 more engineers are going to add in the coming days, in the next around 6 month there.”

“So if you look at that this ways, and controllers will come in the next 2 years' time.”

“And let's say the revenue what we have been reversed in the last quarter of the last year, it was close to INR65 crores, is still is pending as it is.”

“And I am very happy to share with you, 1 or 2 machines last week, they already given a permissions to us also.”

“the first week of April, what we received the notice and what we have response to them, and then after there is not a single communication from them, okay.”

“There is no further progresses. Let's say it's basically status quo there, okay.”

“Usually right now, the time has increased to give a end-user certificate because they are in a war situation.”

“So previously, what the delivery we were getting into controllers and all the suppliers almost goes on toss and more than double the time has happened.”

“During the quarter, we dispatched approximately 1,900 machines, marking the highest quarterly dispatches in the history of the company's operations.”

“Standalone performance, quarter 2 FY27 revenues witnessed robust growth of 31% to INR588 crores compared to the same period last year.”

“Quarter 2 PAT stood at INR115 crores, growing by 46% over same period previous year, with margin standing at 19.6%.”

“Speaking of consolidated performance, revenue for Q2 FY27 stood at INR602 crores compared to INR508 crores in Q2 FY26, a growth of 18.5%.”

“On machine sales front, we sold 1,911 machines during Q2 FY27 compared to 1,315 machines in Q2 FY26.”