Jyoti Cnc Automation Limited (JYOTICNC) AI Stock Analysis

• Market Cap: ₹168.99B
• Dividend Yield: N/A
• Average Volume (3M): 35.71K
• Price to Earnings (P/E): 63.6
• Beta (1Y): 1.77
• Revenue Growth: 19.91%
• EPS Growth: 22.13%
• Country: IN
• Employees: 1,767
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 3.89
• Shares Outstanding: 227,423,100
• 10 Day Avg. Volume: 77,513
• 30 Day Avg. Volume: 35,714
• PEG Ratio: 1.01
• Price to Book (P/B): 14.46
• Price to Sales (P/S): 13.41
• P/FCF Ratio: -53.37
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 16.98
• Revenue Forecast (FY): ₹22.67B

• Rating: 64 Neutral
• Price Target: ₹800.00 ▼(-18.43% Downside)
• Action: Reiterated Date: 02/04/26
• Date: Action: Reiterated 02/04/26

The score is primarily supported by strong financial performance and improving profitability, but is materially constrained by weak cash flow conversion and a bearish technical trend (price below key moving averages and negative MACD). A high P/E with no dividend yield provided further limits the overall score.

Positive Factors

Improving Profitability

Sustained margin expansion to mid-20s on EBIT and high gross margins indicate durable operational efficiency and pricing power in core CNC products. This supports internal reinvestment capacity, higher ROE, and resilience to input-cost swings over the next several quarters.

Solid Capital Structure

A low D/E and strong equity base give the company financial flexibility to fund capex and absorb shocks. Improved ROE reflects profitable deployment of capital, reducing long-term solvency risk and enabling stable funding for growth initiatives.

After-sales & Services Revenue Mix

A revenue mix that includes installation, maintenance, spares and customization creates recurring and higher-margin income streams tied to installed base. This structural diversification improves lifetime customer value and smooths revenue volatility from new machine sales.

Negative Factors

Weak Cash Conversion

Persistent negative operating and free cash flow despite reported earnings indicates earnings are not converting to cash. Over several quarters this impairs ability to self-fund capex, raises working capital pressure, and increases reliance on external financing during downturns.

Rising Liabilities

An upward trend in total liabilities raises future interest and repayment obligations. Even with current moderate D/E, continued liability growth can compress margins, reduce capital flexibility, and elevate refinancing and liquidity risk if cash conversion issues persist.

Cyclicality of End Markets

As a capital-equipment manufacturer serving varied industrial sectors, demand is tied to cyclical capex cycles. This structural exposure can cause revenue and cashflow volatility across economic cycles, making long-term planning and steady free-cash generation more challenging.

Jyoti Cnc Automation Limited Business Overview & Revenue Model

Company Description

Jyoti CNC Automation Limited manufactures and sells metal cutting computer numerical control (CNC) machines in India, Asia, Europe, North America, and internationally. Its product portfolio includes CNC turning centers, CNC turn mill centers, CNC vertical machining centers, CNC horizontal machining centers, CNC 3 axis and 5 axis machining centers, and CNC multi-tasking machines. The company also provides 7th Sense, an automating diagnostic and analytical functions enabling seamless management of productivity, health, and tool life of the CNC machine; and PreciProtect, a collision prevention solution. In addition, it offers solutions to aerospace, agriculture, automobile, defense, diamond and jewellery, die and mould, electronics manufacturing services, general engineering, infrastructure, medical, oil and gas, power, pumps and valves, railways, and tele-communication. The company was founded in 1988 and is based in Rajkot, India.

How the Company Makes Money

Jyoti CNC Automation Limited primarily makes money by selling CNC machine tools and associated automation solutions to industrial customers. Revenue is generated from (1) product sales of CNC machines (e.g., turning centers, machining centers and other CNC machine tool systems), typically recognized upon delivery/acceptance as per contract terms; (2) services linked to installed machines, such as installation/commissioning, maintenance and repair services, and sale of spare parts/consumables; and (3) customer-specific engineering and customization where machines are configured for particular manufacturing requirements (often bundled with the machine sale or contracted separately). Any specific details on revenue mix by segment, pricing, major customer concentrations, or named strategic partnerships are null.

Jyoti Cnc Automation Limited Financial Statement Overview

Summary

Strong income statement momentum with improving margins (gross margin 35.99%, net margin 17.38%, EBIT margin 25.00%) supports a high score, but it is held back by weaker cash generation (negative operating cash flow and free cash flow in 2025) and some balance sheet risk from rising liabilities despite a moderate debt-to-equity ratio (0.29) and solid equity ratio (60.38%).

Income Statement

Jyoti Cnc Automation Limited has demonstrated strong revenue growth over the years, with a significant increase from 2021 to 2025. The gross profit margin has improved considerably, reaching 35.99% in 2025, indicating efficient cost management. The net profit margin has also shown a positive trend, moving from negative in prior years to 17.38% in 2025, reflecting enhanced profitability. The EBIT and EBITDA margins are robust, at 25.00% and 27.30% respectively, showcasing efficient operations. Overall, the income statement reveals a solid growth trajectory and profitability improvement.

Balance Sheet

The company's balance sheet shows a moderate debt-to-equity ratio of 0.29 in 2025, indicating a balanced capital structure. The return on equity has improved, reaching 18.74% in 2025, as profitability has increased. The equity ratio is 60.38%, reflecting a strong equity base. However, there are potential risks due to fluctuating debt levels and a significant increase in total liabilities over the years. Despite these challenges, the overall financial stability is supported by strong equity and improved profitability metrics.

Cash Flow

The cash flow statement reveals challenges in cash management, with negative operating cash flow and free cash flow in 2025. The free cash flow to net income ratio is -1.45, indicating difficulties in converting profits into cash flow. However, there has been a significant increase in financing cash flow, which could support future investments and debt repayments. Despite negative cash flow growth, the company's ability to finance operations through external sources provides some degree of financial flexibility.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	19.43B	18.18B	13.38B	9.29B	7.45B	5.79B
Gross Profit	9.70B	6.54B	3.44B	3.78B	2.66B	2.16B
EBITDA	5.44B	4.96B	2.98B	1.30B	750.87M	313.36M
Net Income	3.46B	3.16B	1.51B	-54.64M	-483.00M	-700.29M
Balance Sheet
Total Assets	30.98B	27.92B	21.78B	15.15B	12.86B	13.88B
Cash, Cash Equivalents and Short-Term Investments	8.75B	1.25B	3.02B	160.92M	24.44M	101.15M
Total Debt	7.24B	4.97B	3.04B	8.35B	7.92B	7.25B
Total Liabilities	12.67B	11.06B	8.14B	14.33B	12.45B	12.76B
Stockholders Equity	18.31B	16.86B	13.65B	820.64M	411.54M	1.13B
Cash Flow
Free Cash Flow	-1.22B	-4.57B	-1.63B	80.61M	-20.11M	121.52M
Operating Cash Flow	131.50M	-1.47B	-482.54M	421.49M	385.44M	264.18M
Investing Cash Flow	-1.45B	-3.29B	-1.70B	-316.36M	-310.56M	-176.70M
Financing Cash Flow	2.02B	1.87B	5.05B	31.35M	-151.59M	737.23M

Jyoti Cnc Automation Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 980.70
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JYOTICNC, the sentiment is Negative. The current price of 980.7 is above the 20-day moving average (MA) of 797.40, above the 50-day MA of 838.14, and above the 200-day MA of 951.12, indicating a bearish trend. The MACD of -29.43 indicates Positive momentum. The RSI at 42.41 is Neutral, neither overbought nor oversold. The STOCH value of 41.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:JYOTICNC.

Jyoti Cnc Automation Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SONACOMS	74 Outperform	₹309.62B	49.42	―	0.65%	7.34%	2.27%
ZFCVINDIA	68 Neutral	₹253.95B	50.33	―	0.13%	4.02%	17.88%
TIMKEN	66 Neutral	₹239.53B	103.51	―	1.18%	4.81%	15.08%
SUNDRMFAST	66 Neutral	₹170.98B	37.63	―	0.84%	3.59%	1.37%
JYOTICNC	64 Neutral	₹168.99B	63.58	―	―	19.91%	22.13%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
THERMAX	58 Neutral	₹384.77B	41.70	―	0.48%	3.37%	-19.95%

Jyoti Cnc Automation Limited Corporate Events

Jyoti CNC Schedules Analyst and Investor Meetings in Mumbai

Jyoti CNC Automation Limited has scheduled participation in an investor conference organized by Investec on March 9, 2026, in Mumbai, where company officials will hold one-on-one and group meetings with analysts and institutional investors. The company emphasized that discussions will be limited to publicly available information, with no unpublished price-sensitive information to be shared, underscoring its adherence to regulatory norms and transparent engagement with the investment community.

Jyoti CNC Issues Investor Presentation With Comprehensive Disclaimers

Jyoti CNC Automation Limited has notified the exchange that it has released an investor presentation intended purely for informational use and not as an offer or recommendation to buy or subscribe to its securities. The company emphasizes that the material is based on sources it deems reliable but may be incomplete, and it disclaims liability for inaccuracies or omissions, underlining that any future capital-raising would occur only via formal statutory documents.

The presentation also includes a standard safe-harbor disclaimer that forward-looking statements about market opportunities, growth prospects, and strategic implementation are subject to economic, industry, and competitive risks, and actual results may differ materially. By stressing these caveats, Jyoti CNC seeks to manage expectations and legal exposure while sharing operational and market information with investors, reinforcing a cautious and compliant approach to investor communication.