Discover and read the best of Twitter Threads about #Craftsman

Most recents (5)

Craftsman Automation FY23 Annual Report is a good read to understand how the company has progressed till now and what's in store for the next 5 years.

(1) The company has three business verticals:
(a) Automotive Powertrain
(b) Aluminium Products
(c) Industrial & Engineering

(2) Revenue mix across verticals-FY23
(a) Automotive Powertrain- 51%
(b) Aluminium Products- 25%
(c) Industrial & Engineering- 24%

(3) Revenue mix across geographies-FY23
(a) Domestic- 92%
(b) Export- 08%

(4) Revenue from top customers
(a) Top 10- 58%
(b) Other- 42%

(5) Automotive Powertrain Segment

Manufacturing Facilities: 11
Revenue: 1527 cr
Growth in Revenue: 32%

Revenue breakup:
CV: 55%
Off-highway: 20%
Tractor: 15%
SUV: 10%
Read 5 tweets
Craftsman Automation

Diversifying Powertrain vertical: Interesting insights🧵

Sharing my notes on recent "Dr Axion India pvt." acquisition by #Craftsman

Buy price - ₹375 Cr
Axion FY21-22 Sales - ₹716 Cr
P/S - 0.5x

Adds >30% to the +₹2000 Cr Top line


1/n Image
Powertrain vertical (Cylinder Heads is part of this segment) - 52% of total revenue

Leading player for:
- CV (#1 position) - 54% revenue
- Off highway - 20% revenue
- Tractors (among top 3-4 outsourced players) - 18% revenue

Whereas, PV is only 8% only

2/n Image
Within Powertrain vertical, Cylinder heads & cylinder blocks make up the major chunk at 60% revenue

3/n Image
Read 14 tweets
Neil, the IPOBase strategy you shared in your newsletter - which was shared by your friend - was popularized in India by my research which was published in March 2021. It is actually O'Neil's work, but had never been popularized here because no one ever did a #deepdive on it. (1)
But #IPOBase in not only about buying the high of the listing week. It is infact an extremely poor interpretation of the work.

A strategy is not only limited to a setup, what makes it effective is when you manage it according to its nature & potential. (2)
The entire fintwit community took the setup from my research - which was done on all IPOs listed since 2017 and parts of it was published on twitter - but didn't paid attention to the trade management rules which resulted into underperformance for them. (3)
Read 16 tweets
“Last Diwali to this Diwali: Summary of Momentum Investments/ Trades taken (#MostlyMomentum)!!”:

Introduction of my journey so far:
I started my #StockMarket journey Jul- 2016:

•During 2016-17, as a typical new investor, started with TV Tips, and IPOs,
this (IPOs) helped in a way, best #DMART has still been the best of IPOs I applied for, got allotment, and kept for couple of months and captured fastest 282% of my #StockMarket journey.

• During 2017-18, decided not to go after TV Tips,
and started doing something on my own including a little Option “BUYING” 12, lost some funds in Option Buying, but gained a lot of experience regarding not to so something you don’t know. Alongside this, also started exploring cash market strategies of buying what is going up and
Read 25 tweets

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