Jyoti CNC automation reports strong Q2, plans capacity boost

Jyoti CNC Automation Limited recorded a consolidated revenue growth of 17.9% for Q2 FY '26, reaching Rs. 508 crores. H1 FY '26 consolidated revenue stood at Rs. 918 crores, an increase of 15.8% from H1 FY '25. The company's EBITDA for Q2 FY '26 was Rs. 124.6 crores, a 17% growth year-on-year, with an EBITDA margin of 24.5%. Profit after tax for Q2 FY '26 increased by 13% to Rs. 85.5 crores compared to Q2 FY '25.

The company's order intake for Q2 FY '26 reached Rs. 619 crores, with aerospace and defense contributing 44% (Rs. 272 crores), auto and auto components 23% (Rs. 142 crores), and general engineering 22% (Rs. 136 crores). The current order book is healthy at Rs. 4,546 crores, reflecting steady demand and customer confidence. Capacity utilization for Q2 FY '26 was 88%.

Jyoti CNC Automation plans to scale its production capacity from 6,000 to 16,000 machines per annum by September 2026 to meet rising demand. The company expects to maintain a growth trajectory of 30%-35% for the next three to four years. Furthermore, the Huron facility's expanded capacity is expected to contribute to revenue conversion from the last quarter of the current financial year, with a projected top line of €70 million to €75 million. The company anticipates a 4%-5% increase in gross margin with the development of its own controllers, drives, and motors under the PLI scheme.