Auto Ancillary Stock in Focus After Mutual Funds, Insurance Firms, and FIIs Buy Stakes Worth ₹485.6 Cr

Synopsis: The share of this company came into focus after a Rs 485.6 crore promoter stake sale, with HDFC Mutual Fund, Invesco, and Abu Dhabi Investment among the major buyers.

The share of this company, which manufactures several components and sub-assemblies on a supply and job-work basis in the automotive, industrial, and engineering segments, gained focus after the promoter sold its stake.

With a market capitalization of Rs 24,401 crore, Craftsman Automation Ltd’s share on Wednesday made a day low of Rs 9,280 per share, down by 1.7 perecnt from its previous day’s close price of Rs 9,446.55 per share. The share of the company gave a return of 77.5 percent over the year.

What Happened

The company Craftsman Automation saw a huge block deal on Tuesday, with Srinivasan Ravi selling 5.25 lakh shares of his holding at Rs 9,250 each. The transaction amounted to Rs 485.6 crore. The buyers of the shares included various mutual funds, insurance companies, and even foreign institutions.

HDFC Mutual Fund became one of the biggest buyers of the shares, buying 1.83 lakh shares. Invesco Mutual Fund bought 1.08 lakh shares. Franklin Templeton Mutual Fund acquired 29,190 shares, while Merrill Lynch Investment Managers Limited A/c MLI EQ.F (MAU) purchased 29,859 shares. Abu Dhabi Investment bought 57,298 shares.

Axis Mutual Fund picked up 30,271 shares and Edelweiss Mutual Fund bought 27,028 shares. Tata AIA Life Insurance Company Limited also acquired 30,271 shares, while HDFC Standard Life Insurance purchased 29,190 shares. The buying interest from a wide group of institutions largely matched the quantity sold in the transaction.

The shareholding for the promoters as of June 2026 stood at 44.42 percent in June 2026, less than the 48.70 percent recorded during the previous year. At the same time, there was a marked increase in the percentage of ownership by institutions, as FII ownership grew to 17.15 percent, up from 15.83 percent, while DII ownership went up to 31.08 percent, up from 22.67 percent. Thus, public holding has reduced to 7.35 percent against 12.81 percent.

About the Company 

Craftsman Automation started the journey in the year 1986 as a small-scale industry in the southern Indian city of Coimbatore, and has grown to become a leader in precision manufacturing in diverse fields. The co. manufactures several components and sub-assemblies on a supply and job-work basis according to client specifications in the automotive, industrial, and engineering segments.

Financial Highlight: The revenue from operations grew by 27 percent to Rs 2,226 crore in Q4 FY26 from Rs 1,749 crore in Q4 FY25, and EBIDT grew by 47 percent to Rs 359 crore in Q4 FY26 from Rs 244 crore in Q4 FY25. This was accompanied by a net profit growth of 74 percent to Rs 116 crore in Q4 FY26 from Rs 66.8 crore in Q4 FY25, resulting in an EPS growth of 74 percent to Rs 48.80 per share in Q4 FY26 from Rs 27.99 per share in Q4 FY25.

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