Jyoti CNC Automation Limited is a leading global manufacturer of CNC (Computer Numerical Control) machines, specializing in precision engineering solutions. Established in 1989, the company has built a strong reputation for innovation, technological advancement, and a commitment to quality. With manufacturing facilities in Rajkot, India, and Strasbourg, France, the company serves various industries, including aerospace, automotive, general engineering, and electronics manufacturing services (EMS).
With over 200 product variants and an installed base of more than 130,000 machines across 60+ countries, Jyoti CNC has established itself as a key player in the global machine tool industry. The company’s subsidiary, Huron Graffenstaden, enhances its technological capabilities, particularly in high-precision and 5-axis machining solutions.
In this article, we will learn about the company’s Q3 earnings conference call summary in detail. Let’s Begin
Financial Performance (Q3 FY25 & 9M FY25)
| Financial Metric | Q3 FY25 (₹ Crores) | Q3 FY24 (₹ Crores) | YoY Growth | 9M FY25 (₹ Crores) | 9M FY24 (₹ Crores) | YoY Growth |
| Revenue | 449.5 | 337 | 19% | 1,242 | 888 | 40% |
| EBITDA | 112.6 | 96.3 | 17% | 313 | 167.1 | 88% |
| EBITDA Margin (%) | 25.0% | 25.0% | – | 25.2% | 18.8% | – |
| PBT (Profit Before Tax) | 93.1 | 67.2 | 39% | 271.2 | 77.3 | 251% |
| PAT (Profit After Tax) | 80.2 | 48.0 | 67% | 207 | 51.2 | 304% |
Below is the breakdown of Jyoti CNC’s revenue, order intake, and total order book distribution across various industry segments.
| Industry Segment | Q3 FY25 Revenue (₹ Crores) | % of Revenue | Q3 FY25 Order Intake (₹ Crores) | % of Order Intake | Total Order Book (₹ Crores) | % of Order Book |
| Aerospace | 220.3 | 49% | 167.3 | 34% | 1,787.6 | 41% |
| Auto & Auto Components | 71.9 | 16% | 123 | 25% | 697.6 | 16% |
| General Engineering | 94.4 | 21% | 177.1 | 36% | 784.8 | 18% |
| EMS | 44.95 | 10% | 4.92 | 1% | 697.6 | 16% |
| Die & Mould | – | – | 4.92 | 1% | 174.4 | 4% |
| Others | 18 | 4% | 19.68 | 4% | 218 | 5% |
| Total | 449.5 | 100% | 492 | 100% | 4,360 | 100% |
Company Overview
- The Company started in 1989.
- The company has a subsidiary Company called as Huron Graffenstaden in France, Germany, Canada, and Turkey.
- company’s total plant area is close to 253,000 square meters.
- company has two manufacturing facilities at Rajkot and one facility at Strasbourg, France.
- company has more than 200 plus product variants and more than 130,000 plus machine installs across the globe.
- Today, the closing order book is close to Rs. 4,360 crores over here.
- Today, the plant installed capacity has reached to 6,000 machines per annum in India and 120 machines per annum at France
Important Takeaways from the Management commentary
Total employee
Total employee count as of December 2024 is 3,277.The company has added approximately 200 people in Q3. From first April to 31st December, close to 390 people have been added on Jyoti team.
Product developments
- Company has developed more than 200 plus product variants and has added 7 in this year, and particular in FY2025.
- In terms of the manufacturing capacity, company has close to 237,000 square meter is industrial area at Rajkot.
- And phase one, the company has installed 6,000 machines per annum as capacity. And has furthermore three
more phase company can do over the same facility. - Huron is basically company’s technology backbone. Basically, Huron is located in a very strategic location in a central part of Europe. It’s in the border of France, Germany, and Switzerland place called Strasbourg, an exposure to world-class manufacturing there.
- because of the Huron, we are able to maintain all the aerospace and very high-precision manufacturing areas to be there.
sales and distribution network
- currently the company has 29 sales and service centers spread across the 12 states in India, 2 distributor dealers in India.
- Mostly Jyoti CNC sell product through its dealer network and directly to its customer.
- The company installed more than 1,30,000 machines in more than 60 countries
- In terms of industry segments, the company is serving into aerospace, die and mold, automobile, electronics,
railways, agriculture, infrastructure, oil and gas, healthcare, walls and pumps, power, and bearing industries.
The company’s products has been classified into three categories :
- rentry-level product is zero to 50 lakh is considered to be an entry-level product.
- Mid-range is 50 lakh to 2 crore.
- High-end machine is 2 crores and above.
machine tool industry
- Today, the machine tool consumption worldwide is close to $79 billion.
- Currently, India has a consumer rank of 6 with 3.9 billion consumption.
- by 2030,India is expected to be entering the list of top three global consumer of a machine tool globally there.
four growth Engines of Jyoti CNC
- The number one engine is already fully fired that is automobile and general engineering.
- The second engine is an aerospace that also has reached to almost equal level over here.
- The third engine is we are looking to be a next coming year is to be EMS and going forward.
- the fourth engine we are looking to be a semiconductor industry to be there.
Aerospace
- The global aerospace market is expected to reach to $1.3 trillion, and expected to be grow at 8.2% YOY upto 2030.
- The increase in aerospace spending globally due to lots of geopolitical circumstances out there. So, next, another 5, 6 years, company is looking at lots of opportunity.
In EMS
- The Indian EMS industry has expected to grow at an annual rate of 34% until FY27-28.
- Mobile phone exports from India during FY24 has reached an all-time high to close to $15 billion.
- The overall electronic exports jumped nearly 24% to close to $30 billion in FY24.
- The potential of a CNC machine demand in EMS industries in India is over more than 1 lakh machines within a span of the next 5 years.
- In automobile, the global electrical vehicles market is expected to grow at 17.8% of CAGR during 2024 to 2030.
- The electric car market in India is expected to grow to 56% CAGR during 2024 to 2030.
- Global EV market size is expected to reach to close to a US $600 plus billion and will grow at close to 9.8% of CAGR by 2028.
Semiconductor business
- The company is looking to enter the semiconductor market in future.
- The Indian semiconductor industry is expected to grow at a CAGR of 19.7% from 2020 to 2026-27.
- Tata semiconductor chip fabrication unit in Gujarat was approved and with an outlay of nearly close to Rs. 500 billion.
Strategies for the next leap for Jyoti CNC
The management discussed for key strategy for its growth.
- First is people development because the most key challenge in going forward, what the company envisage that the people is a key of this industries. company need a very high quality and precision people for better efficiency.
- second is product development :Product development is key because the company needs to produce a variety of range of machines to fit its customers.
- Third, strategies in market expansion. The company needs to reach out still to some global areas like the USA and China is the biggest potential market is available for us.
- And last, manufacturing capacity hands on the expansion based on the going forward. Every 2 years the company needs to expand our capacity and these are the main four strategies to be there.
Jyoti CNC Automation Limited continues to deliver strong growth and profitability, driven by a robust order book, diversified industry presence, and ongoing capacity expansion. With a ₹4,360 crore order book and strategic investments in aerospace, EMS, and semiconductors, the company is well-positioned for sustained success. Focused on innovation and global expansion, Jyoti CNC is set to remain a leader in CNC automation.