Craftsman Automation IPO: Dolat Capital Report
Craftsman Automation Ltd. (image: Company website)

Craftsman Automation IPO: Dolat Capital Report

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

Craftsman Automation Ltd. is present across the entire value chain in the automotive-aluminum products segment, providing diverse products and solutions.

It is the largest player involved in the machining of cylinder blocks and cylinder heads for the medium and heavy commercial vehicle segment.

The company’s business can be categorized in three segments -

1. Powertrain and other products for the automotive segment

2. Aluminum products for the automotive segment and

3. Industrial and engineering products segment.

We see sharp earning growth ahead led by -

  • Sharp recovery in the M&HCV segment,
  • increased shift towards the use of casting parts of lightweight aluminum and
  • fall in interest cost due to deleveraging balance sheet.

Click on the attachment to read the full report:

Dolat Capital Craftsman Automation IPO Note.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.