Jyoti CNC Automation Limited IPO Review & Recommendations
Get Real-Time Updates on stock market trends and news
Get updates on stock market, Stock related news, Algo Trading, learn profitable strategies.
Join WhatsApp ChannelJyoti CNC Automation Limited IPO
Jyoti CNC Automation Limited IPO Review
jyoti cnc
automation limited ipo was engaged in world’s leading manufacturers of metal cutting
computer numerical control (CNC) machines with the third largest market share
in India accounting They're a major player in the CNC machine world, holding
the third-largest slice of the Indian market at around 10% in Fiscal 2023.
Globally, they’re ranked twelfth with a 0.4% market share in the year 2022.
Specializing in simultaneous 5-Axis CNC machines in India, they offer a wide
range, from CNC Turning Centers to CNC Vertical and Horizontal Machining
Centers.
jyoti cnc
automation ltd operations are all-inclusive, covering everything from start to
finish. This approach is crucial in Their ability to offer cutting-edge and
personalized solutions. they have attracted clients like Space Applications
Centre – ISRO, BrahMos Aerospace Thiruvananthapuram Limited, Turkish Aerospace,
Unipart’s India Limited, AVTEC Limited, Tata Advanced System Limited, Tata
Sikorsky Aerospace Limited, Bharat Forge Limited, C.R.I. Pumps Private Limited,
Kalyani Techno forge Limited, Shakti Pumps (India) Limited, Shreeram Aerospace
& Defense LLP, Rolex Rings Limited, and Orbit Bearings India Private
Limited.
Jyoti CNC Automation Limited Products and Services
Jyoti CNC
Automation Limited Products and Services are CNC Turning/Turn Mill Centers, CNC
vertical Machinery Centers, CNC Horizontal Machinery Centers, CNC 5 Axis Machining
Centers, CNC Multi-Tasking Machines. They have got cutting-edge solutions to
ease the transition to 'Industry 4.0,' highlighted by their top-notch package
called '7th Sense.' This package is all about automating complex diagnostic and
analytical tasks, making it a breeze to manage the productivity, health, and
tool life of CNC machines. The global CNC machines market is on the rise, expected
to grow at a rate of 10.3% from 2023 to 2027. This growth is fueled by the
expansion of manufacturing industries, driven by trends like industrial
automation and the integration of computer-aided manufacturing.
Their Competitive
Strengths are One of the leading CNC machine manufacturing companies globally
as well as in India, well diversified global customer base spread across
end-user industries, focus on technology and ability to the deliver innovative
solutions bolstered by dedicated R&D facilities. jyoti c n c automation ltd
Strategies are Focus on improving their market share and taking advantage of
the growing industry demand, expand their presence across other end-user
industries and diversify their customer base and geographical reach, continuously
augmenting their capacity in line with their expected business growth, Improving
their financial risk profile.
Financial Overview
jyoti cnc automation private limited consider the
company's earnings for the financial year 2024 in relation to the post-IPO
fully paid-up equity capital, the stock's asking price comes with a high P/E
ratio of 1103.33. Looking at the earnings from the financial year 2023, the P/E
ratio is still steep at 501.52. In simple terms, this means the current stock
offering is quite expensive, not considering the positive developments in the
short term. After facing challenges in the financial years 2021 and 2022, Their
company has bounced back strong. Currently, they have an order book worth Rs.
3315+ crores. However, looking at their earnings from the financial year 2023,
the stock is priced at a high P/E of 501.52. It's a suitable investment for
well-informed investors with extra cash for the long term. Investors may think
to apply for this IPO after doing the research.
0 comments