Jyoti CNC Automation Ltd — earnings calls

Jyoti CNC reported standalone Q1 FY27 revenue growth of 37% to Rs 509 crore with EBITDA margin of 28.4% on an adjusted basis, while consolidated revenue grew 24% to Rs 508.5 crore due to an accounting method change at Huron that deferred recognition of roughly Rs 35 crore of revenue. Management said the order book stood at Rs 4,848 crore and capacity utilization was 86% in the quarter. The company also discussed delays in export end-user certificates affecting Huron's revenue recognition and progress on its new manufacturing facility expected to commission by end of September.

Jyoti CNC reported standalone Q4 FY26 revenue growth of 13% to INR599 crores and FY26 standalone revenue growth of 20% to INR1,949 crores, while consolidated results were impacted by a reversal of INR67 crores in previously recognised revenue at Huron pending export licence clearance from an ongoing French investigation. Management said the reversal was a deferment rather than a cancellation of orders, and that the outstanding order book stood at INR4,732 crores as of March 31, 2026. The company also detailed its capacity expansion to 16,000 machines, expected to commence commercial operations in the second quarter of FY27.