Q2 2026 Jyoti CNC Automation Ltd Earnings Call Transcript
Key Points
- Jyoti CNC Automation Ltd (NSE:JYOTICNC) reported a strong consolidated revenue growth of 17.9% for the quarter, reaching INR508 crore.
- The company is expanding its manufacturing capacity from 6,000 machines per annum to 16,000 machines per annum by September 2026.
- The acquisition of Huron has strengthened Jyoti CNC's technological edge and expanded its international market footprint.
- The company has a healthy and well-diversified order book of INR4,546 crore, reflecting steady demand and customer confidence.
- Jyoti CNC is investing in training and upskilling its workforce, with plans to hire over 1,000 skilled engineers in the coming years.
- The company is currently facing capacity constraints, with utilization at 88%, which may limit growth until the new capacity is operational.
- Employee costs have risen significantly, by 43% year-over-year, impacting margins.
- Despite strong revenue growth, the profit after tax growth was relatively modest at 13% compared to the previous year.
- The company still relies on imports for nearly 30% of its components, which could affect cost competitiveness.
- There is uncertainty about the timeline for achieving full utilization of the expanded capacity, which may impact future growth projections.
Ladies and gentlemen. We welcome you all to the Q2NH1F526 earnings conference call of Jyoti CNC Automation Limited hosted by ICICI Securities. (Operator Instructions)nPlease note that this conference is being recorded.
This conference call may contain forward-looking statements about the company which are based on the beliefs, opinions, and expectations of the company as on date of this call. These statements do not guarantee the future performance of the company and may involve risks and uncertainties that are difficult to predict.
Now I hand the conference over to Mr. Mohit Kumar from ICICI Securities. Thank you and over to you, sir.
Good evening.
Everyone. On behalf of ICICI Security.
Welcome you all to 26 of CNC.
Today we have with us from the management Mr. Parker, Chairman and managing director.
I stop.
Followed by the decision.
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