Jyoti CNC Automation reported strong Q2 FY27 results, with standalone revenue rising 31% to INR 588 crore and PAT surging 46% to INR 115 crore. The company achieved its highest-ever quarterly machine dispatches of 1,900 units, supported by a healthy order book of INR 5,082 crore. Management remains optimistic about sustaining 25% EBITDA margins, bolstered by strategic foundry expansions and government-backed PLI incentives.
Jyoti CNC Automation Reports Strong Growth in Q2 FY27
Standalone Revenue: INR 588 crore (+31% YoY)
Standalone PAT: INR 115 crore (+46% YoY)
Reader Takeaway: Record machine output and a strong aerospace-backed order book drive growth, though foundry commissioning remains a critical milestone.
What just happened
Jyoti CNC Automation has posted robust financial numbers for the second quarter of FY27. Standalone revenue climbed to INR 588 crore, while consolidated revenue grew by 18.5% to reach INR 602 crore. The company’s standalone EBITDA rose to INR 164 crore, reflecting a strong margin profile of 28%. Operational efficiency peaked with the company dispatching 1,900 machines, its highest quarterly volume to date.
Why this matters
The company’s performance is anchored by a significant order book of INR 5,082 crore. Notably, 36% of these orders originate from the high-growth aerospace and defense sectors. Investors are closely watching the company’s transition into a broader mechatronics player, supported by the recently approved INR 1,020 crore capex plan under the PLI scheme, which includes a 25% capital incentive.
Strategic Updates
Jyoti CNC is aggressively scaling its foundry capacity, targeting an output of 5,000 tonnes per month compared to the current 1,500 tonnes. Equipment for this expansion is already in transit, with operations expected to scale through the second half of the fiscal year. Furthermore, the Huron subsidiary continues to perform, with management eyeing annual revenue between INR 300-325 crore for FY27.
Risks to watch
While operational momentum is high, potential supply chain bottlenecks regarding electronic components and controllers remain a watch point. The company is also navigating ongoing inquiries regarding its French subsidiary, Huron, though management reports no significant new developments. Future performance is heavily contingent on the timely commissioning of the new foundry unit.
What to track next
Shareholders should monitor the pace of foundry utilization and the actual realization of phase-one PLI capital expenditures, which are expected to total between INR 400-450 crore over the coming year.