CRAFTSMAN: Strong aluminum growth, robust CapEx, and Sunbeam turnaround set stage for future expansion
Q1 FY27 saw normalization in powertrain and strong growth in aluminum, with robust order books and major CapEx plans of INR 1,500 crore funded by internal accruals. Sunbeam restructuring is nearly complete, and new business lines are set to drive revenue from FY28 onward.Based on Craftsman Automati…