Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Sep - Copy of Newspaper Publication for 35th AGM of the Company
Source: Bse
Jyoti CNC Automation Limited (JYOTICNC)
Small CapIndustrials stocks · Small cap · NSE
Jyoti CNC Automation Limited is a leading manufacturer of CNC machines with over 200 product variants. It operates 2 plants in India and 1 in France, with foreign subsidiaries in France, Germany, Canada, and Turkey. The company has installed over 140,000 machines globally and has an installed capacity of 6,000 machines p.a. in India.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals16 Oct 2026 · screener
Latest result16 Aug, 01:32 am IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
57NeutralSMA20 +3.9% / mo · MACD −
Stock trend: 61
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
JYOTICNCD candles · FIT view+32.6%Latest close ₹975.80 on 2026-10-19
Bar
-2.0%
RSI
43
MACD hist
-11.82
52W pos
71%
2026-10-19O ₹996.00H ₹998.80L ₹973.20C ₹975.80Vol 1.9L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
JYOTICNCNifty India ManufacturingNifty 500
- JYOTICNC
- +21.5%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- +27.1 pp
Chart stats
19 Oct 2026- From 52W high
- -14.0%
- 52W range position
- 71%
- ATR (14)
- 4.3%
- Volume vs 20D
- 0.17x
- Avg traded value
- ₹99 Cr
- 20D price channel
- ₹971.5 - ₹1,134.6
₹1,134.6
₹580.1 - ₹1,134.6
₹41.5
Latest completed session
20-session average
42.3% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, management trust is supportive, price trend is neutral, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE54
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue +23.9% · PAT -19.7% YoY
Technical
Neutral57
Price trend and sector-relative-strength timing.
Valuation
Legacy model-75.6%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Healthy Trust75
medium confidence · 3/4 claims checked
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100PAT -20% YoY · margin compression · Rev +24% YoY
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹508 Cr | +23.9% | -15.2% |
| EBITDA | ₹109 Cr | +9.0% | -25.9% |
| Operating margin | 21.0% | -300 bps | -400 bps |
| PAT | ₹57 Cr | -19.7% | -37.4% |
| PAT margin | 11.2% | -610 bps | -397 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 70.10
- P/B
- 11.27
- EV/EBITDA
- 39.83
- Market Cap
- 22565.00Cr
Profitability
- ROE
- 18.20%
- ROCE
- 21.30%
- ROA
- 8.91%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 32.00%
- EPS 5Y
- 45.00%
- Revenue 3Y
- 31.00%
- EPS 3Y
- 112.50%
Balance Sheet
- Debt/Equity
- 0.51
- Interest Coverage
- 6.52×
- Altman Z
- 7.90
- Book Value
- 88.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 4/5
- OCF
- 54.00 Cr
- EPS TTM
- 14.14
Shareholding
- Promoter Hold
- 62.55%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 74%
Financial History
Updated 18/10/2026
Revenue
₹ CrLatest: 508-15.2% vs prev
Net Profit
₹ CrLatest: 57.0-37.4% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 43. Wait for confirmation.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 rising (~3.7% over last month) — short-term momentum positive.
- RSI(14) at 43 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 14% off 52W high · 68% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
86
RS percentile
Stage 2 UptrendEstablished S2
1M return
-7.0%
3M return
+21.5%
6M return
+27.3%
1Y return
+11.3%
RS 1D
0
RS 20D
+2
Sector rank
#5
Industry rank
#4
Stage evidence
- Price is 18.6% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +4.2%.
- Both 3-month and 6-month returns are positive.
50-DMA
price below
200-DMA
price above
S2 entered
31 Aug 2026
S2 age
34 trading sessions
Sector
neutral
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 115.72-1.13%
RS vs Nifty 500116
Valuation & peers
U-Score 54 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 54 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Financial Turnaround
Fundamental score breakdown
U band · FAIR VALUEValuation0/30
Growth25/25
Quality12/20
Balance Sheet8/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
54
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
54/100 · legacy band FAIR VALUE
Positive drivers
- Piotroski is strong at 8/9.
- Growth contributes 25/25 to the score.
- Quality contributes 12/20 to the score.
Main drags
- Fair-value margin of safety is negative at -75.6%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
- Cash flow is weaker at 4/10; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
70.1
PB
11.3
EV/EBITDA
39.8
ROE
18.2%
ROCE
21.3%
FCF Yield
—
Debt/Equity
0.5
MoS
-75.6%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
54
Previous: 54
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
-75.6%
Previous: -75.6%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
52
52
52
52
52
52
52
54
54
54
54
54
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹167.32
-483.2% MoS
Growth-justified P/E
39.3
Growth-justified Value
₹555.7
-75.6% MoS
PEG
0.97
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
MENONBE
Small
Menon Bearings Limited
Industrial Machinery
match 92
57
36.5
22.3%
+12%
FAIR VALUE
NIBL
Small
NRB Industrial Bearings Limited
Industrial Machinery
match 89
13
—
—
—
OVERVALUED
MACPOWER
Small
Macpower CNC Machines Limited
Industrial Machinery
match 85
53
55.2
21.3%
-19%
FAIR VALUE
INDOFARM
Small
Indo Farm Equipment Limited
Industrial Machinery
match 84
51
24.9
4.8%
+37%
FAIR VALUE
RVTH
Small
Revathi Equipment India Limited
Industrial Machinery
match 83
40
14.3
8.6%
+64%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis under stressReviewed 2026-10-14T07:48:37.143Z
Management commentary snapshot
Consolidated Q1 FY27 revenue grew 24% YoY to INR 508.5 Cr, driven by strong order book. However, PAT declined 20% YoY to INR 57.1 Cr, impacted by a 100 bps drop in Adj. EBITDA margin and higher finance costs, exacerbated by INR 10 Cr unrealized forex loss.
While revenue growth and order book remain robust, the significant decline in consolidated PAT and margins, coupled with increased finance costs and forex losses, indicates operational and financial stress. The company's ability to convert its strong order book into profitable execution needs close monitoring.
Current business mix
Revenue Mix from End User Industries (Q1FY27)
Latest issuer-disclosed distribution across 6 reported categories.
Aerospace & Defence37.0%
General Engineering20.0%
Auto & Auto Components19.0%
EMS14.0%
Die & Moulds4.0%
Others6.0%
Growth engines
Electric Vehicles
Global EV market expected to reach ~USD 4886 bn by 2034 (20.43% CAGR). India's EV market projected to grow to USD 191 bn by 2034 (~55% CAGR).
EMS (Electronic Manufacturing Services)
India's demand for electronic components projected to be $240 bn by 2030. Potential CNC Machine demand for EMS industry in India is over 100,000 machines in 5 years.
Semiconductor
Indian Semiconductor market to grow from USD 52 bn in FY24-25 to USD 103.4 bn by 2030 (13% CAGR). Deloitte projects USD 120 bn by 2030 (20% CAGR) driven by AI-linked demand.
Aerospace & Defence
Global Aerospace and Defence market expected to reach ~USD 2037 bn by 2034 (8.6% CAGR). Increased global spending due to geo-political circumstances and modernization.
Capacity and execution
India Manufacturing Capacity Expansion
Further production capacity enhancement of additional 10,000 machines p.a. to be completed by September 2026.
Tailwinds
Government Initiatives for EVs
GOI objective to increase EV sales proportion to 30% in private cars, 70% in commercial vehicles, 40% in buses, and 80% in two and three-wheelers by 2030.
Global Machine Tool Industry Growth
Global machine tool consumption is ~ $80 Bn, with India ranking 9th in consumption and 4th in production.
Headwinds
Unrealized Forex Loss
UNDER_STRESSQ1 FY27 consolidated results include an unrealized forex loss of INR 10 Cr, impacting profitability.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare YOY
The presentation provides Q1 FY27 results compared only to Q1 FY26, making year-over-year the only available and relevant comparison for assessing performance against the prior year's equivalent period.
Sector KPIs management disclosed
Order Intake Q1FY27
INR 485 Cr
Total Order Book as of 30th June 2026
INR 4,848 Cr
Consolidated Revenue from Operations Q1FY27
INR 508.5 Cr (+24.0% YoY)
Consolidated Gross Profit Margin Q1FY27
58.2% (+220 bps YoY)
Management forward view
People Development
Extensive focus on skill development of existing manpower and new entrants through Center Of Excellence (COE).
Product Development
Leveraging R&D strength to design and develop new product variants in line with global industry demands, including the new NX Series for heavy engineering.
Manufacturing Capacity Expansion
Capacity enhancement of 6,000 machines p.a. already completed, with an additional 10,000 machines p.a. to be completed by September 2026.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Order Book Execution & Revenue Conversion | Order book of INR 4,848 Cr as of June 30, 2026. | Timely execution of the strong order book and its conversion into revenue, especially given the Q1 PAT decline. |
| New Capacity Ramp-up | Additional 10,000 machines p.a. capacity to be completed by September 2026. | Successful commissioning and utilization ramp-up of the new capacity, and its impact on future revenue and margins. |
| Margin Trends | Consolidated Adj. EBITDA Margin at 23.4% (-100 bps YoY) and PAT Margin at 11.2% (-620 bps YoY) in Q1 FY27. | Stabilization or improvement in consolidated EBITDA and PAT margins, and management's strategy to mitigate cost pressures and forex impact. |
| Finance Cost Management | Consolidated Finance Cost at INR 24.3 Cr in Q1 FY27 (vs INR 12.2 Cr YoY). | Trends in finance costs and the company's ability to manage its debt and interest expenses, especially with ongoing capacity expansion. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Show extracted source claims
capex timelinenot yet verifiablequantified
The company is scaling its production capacity from 6,000 machines per annum to 16,000 machines per annum.
Timeframe: by September '2026Direction: IncreaseConfidence: Stated as a plan
"scaling our production capacity from 6,000 machines per annum to 16,000 machines per annum by September '2026"
revenue outlookcontradictedquantified
The company expects Q3 and Q4 FY'26 to have the highest executions, maintaining the traditional 40-60 H1-H2 revenue ratio.
Timeframe: Q3 and Q4 FY'26Direction: Increase (in H2 vs H1)Confidence: Expectation based on tradition
"always the third and fourth quarter is going to be the highest executions we are looking in terms of numbers"
Outcome check: Revenue YoY averaged 28.0% across 1 later quarter(s).
revenue outlookdelivered
The company expects larger EMS revenue execution from Q4 FY'26.
Timeframe: Q4 FY'26Direction: IncreaseConfidence: Expecting
"the larger we are expecting from the last quarter execution will be there"
Outcome check: Revenue YoY averaged 28.0% across 1 later quarter(s).
revenue outlookdelivered
Revenue conversion from the Huron facility will largely kick in from Q4 FY'26 and will reach full-fledged utilization in the next year (FY'27).
Timeframe: Q4 FY'26 and FY'27Direction: IncreaseConfidence: Expectation
"revenue kicking in from the last quarter of this year, it means the next quarter and then following the next year completely"
Outcome check: Revenue YoY averaged 28.0% across 1 later quarter(s).
Trust Score
75Healthy Trust · medium confidenceClaim-tested Trust
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Healthy Trust: Management has 67% delivered/partly-delivered outcomes on 3 checked claims, with 1 adverse claim outcome. It ranks around the 78th percentile of the scored universe and 76th percentile within Industrials. No major sub-score weakness stands out.
High Trust: 3/4 extracted management claims have outcome checks; 67% were fully delivered and 0 were partially delivered. 1 claim(s) were contradicted or failed.
Computed 20 Oct 2026
management-trust-v1
23 extracted concalls · 3/4 claims matched
Score band
Healthy Trust
Generally investable credibility. Look for weak sub-scores before increasing position size.
Relative rank
78th percentile
overall median 67 · Industrials: 76th pctile, median 68 · Small: 80th pctile, median 66
Evidence depth
Early sample
3/4 claims checked. Use as directional, not final.
Claim delivery
67% delivered or partly delivered
3/4 claims checked · 1 contradicted/failed claim
How to read this Trust Score
Healthy Trust · medium confidenceWhat it measures
Reliability of management and financial delivery, using management claims matched with later outcomes.
Confidence
Useful directional evidence exists, but still verify the latest filings.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
81
strong · leverage and solvency
Discipline
90
strong · capital discipline
Results
67
acceptable · quarterly consistency
Trust positives
- ▸Promoter holding is 62.6%.
- ▸Promoter pledge is zero.
- ▸4 years of positive FCF.
- ▸ROCE is 21.3%.
Trust risks
- ▸No major Trust Lite risk flags.
Continue researching Jyoti CNC Automation Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual report
Business Responsibility and Sustainability Reporting (BRSR) 8 Sep - BRSR for FY2025-26 and BRSR Core assurance submitted with 35th Annual Report.
Source: Bse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
Concall transcriptAug 2026
Aug 2026 · Transcript
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 20 Aug - Officials of the Company will be meeting Investors / Analysts (Participants) at the Company's plant at Rajkot. Date & Time :25th August 2026, 10:00 AM …
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 7 Aug - Pursuant to Regulation 30(6) read with Schedule III of the SEBI (LODR), Regulations, 2015, as amended from time ....
Source: Bse
Concall transcriptJun 2026
Jun 2026 · Transcript
Source: Bse
Investor presentationJun 2026
Jun 2026 · PPT
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Aug - News Paper Publication of Financial Results for the quarter ended on June 30, 2026
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 20 Jun - Intimation of Schedule of Analyst / Institutional Investors' Meetings as attached herewith
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.