Jyoti CNC Automation Q2 FY27 Performance & Strategic Outlook

Key Financial Highlights (Q2 FY27) Revenue Growth: Increased by 18.5% year-on-year to ₹602 crore, compared to ₹508 crore in the corresponding quarter last year. EBITDA Performance: EBITDA rose by 5.1% year-on-year to ₹131.4 crore, up from ₹125 crore. Margin Contraction: EBITDA margin contracted to 21.8%, compared to 24.5% in the year-ago period. Profitability: Profit After Tax (PAT) declined by 15.1% to ₹72.6 crore, down from ₹85.5 crore in the previous year. Operational Milestones & Order Book Record Dispatches: The company successfully dispatched 1,900 machines during the September quarter, marking its highest-ever quarterly dispatch volume. Strong Order Inflows: Quarterly order intake exceeded ₹800 crore, bringing the total outstanding order book to a robust ₹5,082 crore as of September 30, 2026. Cash Flow Momentum: Management highlighted strong cash conversion, maintaining a projected consolidated operating cash flow (OCF) to EBITDA momentum of 50% moving forward. Strategic Growth & Investments Rajkot Facility Investment: Received approval for a ₹1,020.65 crore investment over five years at the Rajkot facility, making it eligible for up to a 25% capital subsidy under the electronics component manufacturing scheme (ECMS), alongside an application for a matching Gujarat state government subsidy. Market Expansion & R&D: The company is aggressively scaling its presence in the aerospace and defense sectors, diversifying across industries, and driving in-house product innovation—including the patented HUMA panel. Capacity Scaling: Current capacity additions stand at 6,000 machines per annum, with a planned expansion for an additional 10,000 machines per annum. Market Sentiment & Stock Movement Stock Reaction: After an initial 3% dip post-earnings, the stock surged 10.6% from its intraday low to ₹992.8, trading 4.3% higher at ₹981.6 apiece during afternoon trading.