Jyoti CNC Automation shares fell 9.33% to ₹784.30 on August 7, 2026, down from the previous close of ₹865.05, as reported by latest market data. The stock has shown negative performance of 3.50% over the last 5 trading sessions, reflecting continued investor concerns about the company's profitability despite strong revenue growth. The company's market capitalization stands at ₹17,836.79 crore, with the stock trading within a 52-week range of ₹580.10 to ₹1,084.00. The current trading volume of 69.50 lakh shares indicates active market participation, while the stock maintains its position as a constituent of BSE 500 and BSE Capital Goods indices.
**Jyoti CNC Automation reported a **20.2% decline in consolidated net profit to ₹57 crore in the quarter ended June 2026, compared to ₹71.4 crore in the corresponding quarter of the previous year. According to the company's stock exchange filing, this profit decline occurred despite the company achieving strong revenue growth during the same period. The weaker-than-expected profitability triggered a sharp sell-off in the stock, with shares falling more than 10% during Friday's trade, hitting an intraday low of ₹738.90 on the NSE. The June-quarter performance follows a weaker-than-expected March quarter, during which profitability had also come under pressure, with the company reporting a 16.9% year-on-year decline in consolidated net profit to ₹90.6 crore in Q4 FY26, even as revenue increased 4.2% to ₹600 crore.
The company demonstrated robust top-line growth with sales rising 24% to ₹508.5 crore in Q1 FY2026, as reported by the company's regulatory filing. This significant revenue increase of ₹98.30 crore from ₹410.2 crore in the same quarter last year reflects strong business momentum and market demand for the company's products and services. However, this growth rate falls short of the company's earlier guidance of 35-40% growth, indicating challenges in meeting management expectations. The revenue performance follows a challenging March quarter where revenue increased only 4.2% to ₹600 crore, highlighting the company's continued struggle to maintain consistent growth momentum.
EBITDA increased 8.6% year-on-year to ₹108.8 crore, compared with ₹100.2 crore in the year-ago quarter, as reported by the company's regulatory filing. However, EBITDA margin contracted sharply to 21.4% from 24.4% in the corresponding quarter of the previous year. The company's PBDT (Profit Before Depreciation and Tax) fell 18% to ₹88.47 crore from ₹108.53 crore year-on-year, while PBT (Profit Before Tax) dropped 24% to ₹73.41 crore from ₹96.28 crore in Q1 FY2025. The decline was attributed to higher operating expenses and a sharp rise in finance costs, with standalone finance expenses during the quarter more than tripling year-on-year to ₹19.4 crore. Investors reacted negatively to the earnings performance, with margins remaining a key concern for the Gujarat-based machine tools manufacturer.
Jyoti CNC's standalone net profit grew approximately 21.36% year-on-year to ₹87.5 crore in Q1 FY27, demonstrating resilient core operations despite the consolidated profit decline. The company maintains a strong outstanding order book of ₹4,732 crore as of March 31, 2026, providing revenue visibility for the next 24 to 30 months. The sequential contraction compared to ₹135.03 crore in Q4 FY6 is typical for the machinery sector during the first quarter. The company's India-based manufacturing capacity expansion to 16,000 machines per year remains on track for commercial operations in September 2026, which will more than double the company's annual output capacity from the current 6,000 machines. The positive year-on-year performance is likely to support the stock's valuation, which has faced pressure due to updated P/E multiple assumptions by analysts.
Jyoti CNC's French subsidiary, Huron Graffenstaden, was subject to an export control investigation in France, leading to a deferment of ₹67 crore in revenue under the percentage of completion method in FY26. Management clarified that this is a deferral rather than a write-off. The company also appointed Mrs. Prafulla P. Shenoy as an Additional Independent Director in January 2026, bringing 36 years of banking experience to the board. While the sequential dip in net profit is typical for Q1 due to seasonal dispatch schedules, the approximately 21.36% year-on-year growth demonstrates robust underlying demand in the CNC machining space, despite the margin pressures and operational challenges faced by the company. The positive year-on-year performance is likely to support the stock's valuation, which has faced pressure due to updated P/E multiple assumptions by analysts.
