Carraro India Limited share price

NSE: CARRARO · ISIN INE0V7W01012

Key numbers

Market cap
₹ 3,042 Cr
Current price
₹ 535.00
52-week high / low
₹ 668 / 416
Stock P/E
22.9
Book value
₹ 99.3
Dividend yield
1.26%
ROCE
28.1%
ROE
25.5%
Debt to equity
0.27
Sales growth (3 yrs)
9.7%
Profit growth (3 yrs)
39.2%
1-year return
14.2%

About Carraro India Limited

Carraro India Limited manufactures and sells automotive equipment, parts, and components in India and internationally. The company offers mechanical transmissions, clutches, hydraulic lifts and planetary drives, and axles for agricultural tractors; and construction equipment, including components, parts and spares, backhoe loaders, soil compactors, cranes, self-loading concrete mixers, and small motor graders. It also provides gears, shafts, and ring gears for industrial, automotive, and material handling applications. The company was incorporated in 1997 and is based in Pune, India. Carraro India Limited operates as a subsidiary of Carraro International S.E.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales493586570607545
Operating profit4852556344
Net profit2932284231
EPS (₹)5.125.584.947.335.52

Concall summary (2026-08-12)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • The GST reforms announced for the sector are expected to further support this transition over time.
  • We remain confident in our long -term growth roadmap and our aspiration of achieving revenue of INR3,500 crores to INR4,000 crores by FY'30.

Growth & demand

  • Domestic revenue also grew by approximately 26% year -on-year, reflecting strong demand across our key end markets.
  • Overall, backhoe loader sales by Indian OEMs, including domestic sales and exports, grew by approximately 14% year -on-year during the quarter.

Margins & costs

  • During the quarter, raw material localization stood at approximately 74% and we remain committed to increasing this further over the next few months and years.
  • EBITDA for the quarter stood at INR579 million, reflecting a growth of 6% year-on-year, supported by disciplined cost management and execution efficiencies.

Capex & expansion

  • At the same time, we made steady progress on several strategic initiatives that will support our next phase of growth, including capacity expansion, localization, new customer programs and the continued development of our engineering services business to customers and suppliers.
  • Construction of our new paint shop facility commenced during the quarter, while additional investments in portal axle capacity and sub -assembly operations were successfully commissioned.

Balance sheet & cash

  • In terms of cash flow, of course, those is all linked.
  • We have to make sure that the growth is profitable to generate healthy cash flow.

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