Craftsman Automation Share Price: Motilal Oswal ka 'Neutral' call! Results toh mast, par valuation ka game?

AUTO
Whalesbook Logo
AuthorKavya Nair|Published at:
Craftsman Automation Share Price: Motilal Oswal ka 'Neutral' call! Results toh mast, par valuation ka game?
Overview

Yaar, Craftsman Automation ke investors ke liye mixed khabar hai. Company ne Q3FY26 mein zabardast results diye hain, profit expectations se zyada aaya hai. Lekin Motilal Oswal kehte hain ki stock ka valuation abhi kaafi high lag raha hai, isliye unhone 'Neutral' rating rakhi hai aur target diya hai ₹7,096 ka.

Toh hua kya hai, ki company ne Q3FY26 mein ₹1.1 billion (yaani ₹110 Crore) ka adjusted PAT report kiya hai. Ye Motilal Oswal ke ₹965 million (₹96.5 Crore) ke estimate se kaafi upar hai. Iska bada reason hai unexpected 'other income' ka aana. Sales bhi ekdum toofani bhagi hai, 30.53% jump ke saath ₹2,057.28 Crore pahunch gayi. PAT toh poora 728.38% bhaga hai YoY, ₹107.11 Crore tak! Stock toh waise bhi pichhle ek saal mein 71% se zyada bhaga hai aur ab ₹7,300-₹7,400 ke aas paas chal raha hai, jiska market cap ₹17,700 Crore ke paas hai.

Motilal Oswal ko company ka aluminum business kaafi pasand hai, especially alloy wheel facilities jo Bhiwadi aur Hosur mein start hui hain. Sunbeam division ka restructuring bhi FY27 se fayda dega aisa lag raha hai. Lekin, brokerage firm ka kehna hai ki ye saari achhi baatein stock price mein already include ho chuki hain. Abhi stock 31.6x FY27E earnings aur 24.3x FY28E earnings par trade kar raha hai. Motilal Oswal ne apna price target ₹7,096 rakha hai, jo ki unke FY27E earnings ka 25x multiple hai. Matlab, growth toh hai par stock mein ab aur kitna dum bachega, ye dekhna hoga.

Waise bhi, Indian auto component industry kaafi zabardast growth dikha rahi hai, jo 2030 tak $200 billion tak ja sakti hai aur 10-14% CAGR se badh rahi hai. Toh sector toh acha hai hi.

Haan, toh Motilal Oswal ka 'Neutral' call hai ₹7,096 ke target ke saath. Ye keh rahe hain ki company ke kaamkaaj toh badhiya hain, par valuation kaafi stretched lag raha hai. Baaki analysts isko zyada bullish dikh rahe hain, unka average target ₹8,177.75 ke aas paas hai. Par Motilal Oswal ka view thoda alag hai, ki current price mein future growth kaafi kuch already discount ho chuka hai.

Disclaimer:This content is for educational and informational purposes only and does not constitute investment, financial, or trading advice, nor a recommendation to buy or sell any securities. Readers should consult a SEBI-registered advisor before making investment decisions, as markets involve risk and past performance does not guarantee future results. The publisher and authors accept no liability for any losses. Some content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views expressed do not reflect the publication’s editorial stance.