Overview

Detailed Summary

Carraro India Limited is a Pune‑based Tier‑1 manufacturer of axles, transmission systems, gears and driveline components for agricultural and construction off‑highway vehicles, operating two manufacturing plants and an R&D centre and supplying marquee domestic and international OEMs including channels via the Carraro Group.
Financial momentum is strong: 9M FY26 total income rose 21% YoY to INR 1,669.8 crore, EBITDA grew 28% YoY to INR 176.5 crore and PAT increased 38% YoY to INR 88.9 crore, with Q3 FY26 delivering sharper beats (Q3 revenue +27%, EBITDA +71%, PAT +91%).
Management is executing a targeted capacity expansion with Board approval of INR 623 million to raise axle capacity to c.154k units, reflecting >90% current plant utilisation; INR 304 million was already deployed in 9M FY26 for telescopic handler axle production and transmission upgrades.
Technology and new revenue streams are emerging: Carraro India developed 14 prototypes in 9M FY26 (four productionised), signed an INR 17.5 crore e‑transmission industrialisation deal with Montra, and is commercialising TBH axles for a major global OEM, indicating structural product diversification.
Market position and balance sheet strength: Carraro India claims 50%+ share in non‑captive 4WD agricultural axles and 60–65% in non‑captive construction transmissions, with improving return ratios (ROCE/ROE trending higher) and controlled leverage despite near‑term incremental debt for capex.

Sector: Auto Components
Industry: Auto Components & Equipments
Market Cap: 3,284 Cr
Volatility: Moderate Risk
P/E Ratio: 23.4
Industry P/E: 37.0
PEG Ratio: 0.3
P/B Ratio: 6.7
52W High: 614.25
52W Low: 253.00

Sales CAGR

1Y: 1.04%
3Y: 6.10%
5Y: 12.54%
10Y: —

Profit CAGR

1Y: 40.89%
3Y: 71.62%
5Y: 44.94%
10Y: —

ROE

TTM: 20.14%
3Y: 16.10%
5Y: 12.04%
10Y: —

ROCE

TTM: 22.75%
3Y: 18.73%
5Y: 15.31%
10Y: —

Technicals

‌

Forecasts

Peers

Consumer Discretionary Auto Components Auto Components & Equipments

Symbol	Watchlist	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
ROLEXRINGS		120.00	3,796 Cr	20.93	3.26	0.00	14.44	17.61	14.34
JTEKTINDIA		127.60	3,663 Cr	42.21	3.72	0.49	11.38	15.34	7.67
SSWL		216.90	3,413 Cr	17.99	2.10	0.57	11.17	13.97	5.56
CARRARO		464.00	3,284 Cr	23.42	6.67	0.79	20.14	22.75	9.54
SUNCLAY		1232.50	3,223 Cr	-112.97	3.69	0.32	-21.23	-2.65	-0.99
SANDHAR		470.40	2,988 Cr	15.96	2.43	0.71	14.15	12.89	5.54
NRBBEARING		255.65	2,840 Cr	22.97	2.98	2.32	14.72	17.64	7.68
Median: 7 Co.	—	255.65	3,284 Cr	20.93	3.26	0.57	14.15	15.34	7.67

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

Ask AI

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	435	393	474	441	449	444	493	586	570
Expenses	397	355	424	398	416	399	445	534	514
Operating Profit	38	38	50	43	32	45	48	52	55
OPM %	8.74	9.62	10.57	9.73	7.21	10.19	9.71	8.94	9.70
Other Income	4.92	3.09	3.55	4.57	4.11	3.60	6.99	6.83	-2.32
Interest	5.80	5.55	5.26	6.64	5.36	5.33	5.18	5.21	4.31
Depreciation	11	11	11	11	11	12	11	12	12
Profit Before Tax	26	25	37	29	20	32	38	43	37
Tax %	24.91	25.82	25.89	25.40	25.50	25.99	24.25	25.44	23.97
Net Profit	19	18	28	22	15	24	29	32	28
EPS in Rs	—	—	—	3.86	2.58	4.17	5.12	5.58	4.94

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	1,498	1,713	1,789	1,808	1,826
Expenses	1,437	1,608	1,657	1,637	1,658
Operating Profit	60	105	132	171	168
OPM %	4.03	6.11	7.40	9.44	9.22
Other Income	23	20	18	16	19
Interest	16	20	22	23	23
Depreciation	36	39	43	45	46
Profit Before Tax	31	66	84	119	120
Tax %	27.03	26.12	25.85	25.73	25.20
Net Profit	22	48	63	88	89
EPS in Rs	—	—	—	—	19.81
Dividend Payout %	0.00	10.33	49.55	29.35	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	57	57	57	57
Reserves	236	281	313	401
Borrowings	182	192	215	191
Other Liabilities	538	543	488	459
Total Liabilities	1,012	1,072	1,073	1,107
Fixed Assets	281	307	354	380
CWIP	10	9.06	0.00	0.00
Investments	0.00	0.00	0.00	0.00
Other Assets	721	757	718	728
Total Assets	1,012	1,072	1,073	1,107

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	96	80	112	76
Cash from Investing Activity	-59	-62	-85	-51
Cash from Financing Activity	8.53	-15	-30	-60
Net Cash Flow	45	2.98	-2.68	-34

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Aug 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Promoters	100.00%	68.77%	100.00%	68.77%	68.77%	68.77%	68.77%	68.77%
FIIs	0.00%	3.52%	0.00%	4.02%	0.04%	3.59%	2.72%	3.01%
DIIs	0.00%	17.11%	0.00%	17.03%	20.27%	17.05%	17.12%	17.53%
Public	0.00%	10.61%	0.00%	10.18%	10.92%	10.59%	11.39%	10.69%
Total Shareholders	7	1,69,773	7	1,20,855	1,11,849	1,04,858	97,096	91,082

Market Transactions

Unlock more with professional

Real-time bulk & block deal transactions
Export transaction data for analysis

Projection

Documents

Presentations

Concalls

Reports

Presentations

Investor Presentation

Q3 FY26

Investor Presentation

Q1 FY26

Investor Presentation

Q4 FY25

Available on Pro Plan

Unlock reports, presentations, and AI-powered insights.

Investor Presentation

Q3 FY25

Available on Pro Plan

Unlock reports, presentations, and AI-powered insights.

Actions

Action Type

‌
‌

Announcements

Last 7 days

Newest

Sentiment

Sorry, no results found!

AI Mode

Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.

Ask AI

Frequently Asked Questions about Carraro India Ltd

Carraro India Ltd (CARRARO) is currently trading at 572.15 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Carraro India Limited is a Pune‑based Tier‑1 manufacturer of axles, transmission systems, gears and driveline components for agricultural and construction off‑highway vehicles, operating two manufacturing plants and an R&D centre and supplying marquee domestic and international OEMs including channels via the Carraro Group. Financial momentum is strong: 9M FY26 total income rose 21% YoY to INR 1,669.8 crore, EBITDA grew 28% YoY to INR 176.5 crore and PAT increased 38% YoY to INR 88.9 crore, with Q3 FY26 delivering sharper beats (Q3 revenue +27%, EBITDA +71%, PAT +91%). Management is executing a targeted capacity expansion with Board approval of INR 623 million to raise axle capacity to c.154k units, reflecting >90% current plant utilisation; INR 304 million was already deployed in 9M FY26 for telescopic handler axle production and transmission upgrades. Technology and new revenue streams are emerging: Carraro India developed 14 prototypes in 9M FY26 (four productionised), signed an INR 17.5 crore e‑transmission industrialisation deal with Montra, and is commercialising TBH axles for a major global OEM, indicating structural product diversification. Market position and balance sheet strength: Carraro India claims 50%+ share in non‑captive 4WD agricultural axles and 60–65% in non‑captive construction transmissions, with improving return ratios (ROCE/ROE trending higher) and controlled leverage despite near‑term incremental debt for capex.

Over the past 52 weeks, Carraro India Ltd has traded between a low of ₹253.00 and a high of ₹614.25. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Carraro India Ltd has a market capitalization of approximately 3,284.31. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Carraro India Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 23.42 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 3,284.31 Cr, Carraro India Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Carraro India Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Carraro India Ltd is 23.42. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

Carraro India Ltd

Stock Summary and Key Metrics

Investment Checklist

Investment Checklist

Overview

Financial Ratios

Technicals

Forecasts

Peers

Price Chart Comparison

Financial Statements

AI Powered Summary

Ask AI

Consolidated Quarterly Results (in ₹ Crores)

Consolidated Profit Loss (in ₹ Crores)

Consolidated Balance Sheet (in ₹ Crores)

Consolidated Cash Flows (in ₹ Crores)

Shareholdings

Shareholding History

Market Transactions

Unlock more with professional

Projection

Documents

Actions

Announcements

AI Mode

Ask AI

Frequently Asked Questions about Carraro India Ltd

What is Carraro India Ltd share price today?

What does Carraro India Ltd do?

What is the 52-week high and low of Carraro India Ltd?

What is the market capitalization of Carraro India Ltd?

Should I consider investing in Carraro India Ltd stock?

Is Carraro India Ltd a large-cap, mid-cap, or small-cap stock?

Which sector does Carraro India Ltd belong to and why does it matter?

What is the PE ratio of Carraro India Ltd?

Investor’s Suite

Market Explorer

Market Pulse

Deep Dive

Utility

Company

Technicals

Frequently Asked Questions about Carraro India Ltd

What is Carraro India Ltd share price today?

What does Carraro India Ltd do?

What is the 52-week high and low of Carraro India Ltd?

What is the market capitalization of Carraro India Ltd?

Should I consider investing in Carraro India Ltd stock?

Is Carraro India Ltd a large-cap, mid-cap, or small-cap stock?

Which sector does Carraro India Ltd belong to and why does it matter?

What is the PE ratio of Carraro India Ltd?

Oscillators

Neutral

Overall

Bullish

Moving Averages

Bullish

Overall

Bullish

Peers

Price Chart Comparison

Announcements

Overview

Financial Ratios

Investment Checklist