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
1/n

(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%
2/n

(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

Retweet♻️

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

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!