| Revenue growth | 10% YoY |
|---|---|
| Margins | EBITDA margin moderated to 10.4% from 11.0% due to cost pressures |
| Order book | Assignments worth ~INR 33 million received post-quarter; bull gear nomination INR 150m p.a. |
| Demand visibility | Strong for domestic 4WD axles; uneven globally for exports |
| Management confidence | High regarding domestic momentum and new program ramp-ups |
Growth
Revenue grew 10% YoY; PAT increased 8% YoY to INR 314 million; Domestic business surged ~26% YoY.
Outlook
Production for Turkish customers began in Q1 FY27; Indian program targets SOP by FY28; ongoing paint-shop and capacity capex.
Risks
Export revenue declined 14% due to geopolitical disruptions; margins impacted by higher energy and raw material costs.
Last quarter's promises, checked
Delivered
- Guided Turkey program SOP FY27 → Started Q1 FY27 (= BEAT)
- Guided 8%-12% revenue growth → Delivered 10% (= BEAT)
- Guided FY27 Capex INR 130cr-140cr → Commenced paint-shop/capacity expansion (= BEAT)
Partly delivered
- Guided 4WD axle growth 30%-35% → Agri segment grew 15% amid export headwinds (= PARTIAL)
Missed
- Guided EBITDA margin improvement (10.8%+) → Delivered 10.4% (= MISS)
Investor Presentation filed with NSE, NSE: CARRARO. Summary written with AI assistance from the document.
Carraro India Ltd: key numbers
- Share price
- ₹532.00
- Market cap
- ₹3,024 Cr
- Revenue (annual)
- ₹2,255 Cr
- Net profit (annual)
- ₹130.6 Cr
- P/E (TTM)
- 22.8×Sector 32.1×
- Promoter holding
- 68.77%+0.00% QoQ
- FII holding
- 2.91%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Carraro India Ltd
All →Carraro India Capital Structure Change
3P India Equity Fund acquired 2,00,000 Carraro India shares in the open market. Its stake rose from 4.71% to 5.06%, triggering a SAST Reg 29(1) disclosure.
Carraro India Annual General Meeting
Carraro India Limited held its 29th Annual General Meeting on September 10, 2026. Shareholders approved resolutions, including financial statements, director re-appointments, and a final dividend.
Carraro India Legal & Regulatory
Carraro India received a customs order demanding differential IGST of ₹15.25 crore and a penalty of ₹5 crore. The company intends to challenge this order.
- Value
- ₹20.25 Cr
Carraro India Annual General Meeting
Carraro India Limited's 29th AGM is scheduled for September 10, 2026. Shareholders will vote on financial statements, dividends, and a ₹17.05 Crore RPT limit modification.
- Value
- ₹17.05 Cr
Carraro India Business Update
Carraro India filed its Business Responsibility and Sustainability Report for FY 2025-26. The report details the company's sustainability initiatives and responsible business practices.
Carraro India Annual General Meeting
Carraro India Limited has issued the notice for its 29th Annual General Meeting on September 10, 2026. Agenda includes dividend declaration and related party approvals.