03-Nov-2026 12:15:06
JYOTI CNC Q2 FY27: ₹5,082 CR ORDER BOOK; ₹1,020.65 CR INVESTMENT APPROVED UNDER ECMS, 10,000 MACHINES CAPACITY EXPANSION & RECORD DISPATCHES
• ECMS Investment Approval: Received approval for ₹1,020.65 Cr investment over five years at its Rajkot facility under the Electronics Component Manufacturing Scheme, eligible for up to 25% capital subsidy • Additional Subsidy: Applied for matching subsidy under the Gujarat Government scheme, offering potential additional financial support for expansion • Capacity Expansion: Existing Indian manufacturing capacity of 6,000 machines annually, with additional 10,000 machines per year capacity being brought into use • Foundry Expansion: Newly developed foundry operations expected to commence shortly, supporting backward integration and manufacturing efficiency • Record Order Book: Outstanding order book reached ₹5,082 Cr as of September 2026, supported by strong demand across aerospace, defence, automobile and engineering sectors • Q2 Order Inflows: Secured ₹809 Cr new orders during Q2 FY27, while orders worth ₹575 Cr were executed • Record Dispatches: Dispatched 1,900 CNC machines during Q2 FY27, highest-ever quarterly dispatches, with management optimistic about sustaining momentum • Aerospace & Defence Business: Contributed 36% of total order book, reflecting significant exposure to high-precision machine requirements • Automobile Business: Contributed 22% of order book, while general engineering accounted for 21%, supporting diversified future execution • Cash Flow Improvement: H1 consolidated operating cash flow surged to ₹111.7 Cr from ₹13.2 Cr YoY, with OCF-to-EBITDA conversion improving to approximately 47% from 6% • New Product Development: Introduced advanced CNC machines including MTX 100, GU 8, HP 4000/6000 and Tachyon Beta, targeting aerospace, defence, automotive, EV and electronics manufacturing • Manufacturing Automation: Continued investment in in-house R&D, AI-enabled machine safety, automation and high-precision machining to strengthen product competitiveness • Future Growth Strategy: Focused on aerospace and defence, EVs, semiconductors, electronics manufacturing services and higher-end CNC machines • FY27 Guidance & Capex: Management disclosed the five-year ECMS investment approval and manufacturing expansion plans
JYOTI CNC AUTOMATION LTD