| Revenue growth | 25% YoY for FY26; 37% YoY for Q4 FY26. |
|---|---|
| Margins | EBITDA margin expanded to 10.8% in FY26 from 10.2% in FY25. |
| Order book | Engineering services agreement worth ₹175 Mn with Montra Electric. |
| Demand visibility | Strong domestic 4WD axle demand; recovering export market for high HP tractors. |
| Management confidence | High, citing strong business foundation and deeper customer relationships. |
Growth
FY26 Revenue up 25% YoY to ₹22,555 Mn; PAT grew 48% to ₹1,306 Mn; EBITDA margin expanded 60bps to 10.8%.
Outlook
Board-approved capex to expand axle capacity to 154,160 units; secured ₹150 Mn p.a. bull gear nomination for FY28.
Risks
Softness in indirect agricultural driveline exports; dynamic product mix impacting margins; potential fluctuations in earnings and competitive pressures.
Earnings Call filed with NSE, NSE: CARRARO. Summary written with AI assistance from the document.
Carraro India Ltd: key numbers
- Share price
- ₹498.55
- Market cap
- ₹2,834 Cr
- Revenue (annual)
- ₹2,255 Cr
- Net profit (annual)
- ₹130.6 Cr
- P/E (TTM)
- 20.8×Sector 32.5×
- Promoter holding
- 68.77%+0.00% QoQ
- FII holding
- 1.59%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 Earnings Call Transcript: Key Takeaways
Q2 revenue rose 19% but EBITDA margin fell to 9.2% from 10%. Customer cost pass-through is still 30-40% unresolved, so recovery is pushed into H2.
Carraro India Results Update
Carraro India's H1 FY27 total income rose 16% to INR 12,644 Mn; PAT rose 9% to INR 665 Mn. Figures are unaudited highlights.
Carraro India Investor Presentation: Key Takeaways
Q2 FY27 revenue INR 6,965mn (+19% YoY); H1 INR 12,411mn (+15%). H1 PAT INR 665mn (+9%); EBITDA margin 9.7% (vs 10.4%). Domestic-led growth; margin recovery expected to be gradual.
Carraro India Q2 FY27 Results: Net Profit ₹35.1 Cr, Up 10.7% YoY
Carraro India Ltd reported revenue from operations of ₹696.5 Cr (+18.8% YoY) and net profit of ₹35.1 Cr (+10.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹35.1 Cr · +10.7% YoY
Carraro India Capital Structure Change
Carraro India disclosed a revised SAST Regulation 29(1) filing from 3P India Equity Fund, correcting a typo in pre-acquisition holding (26,76,588 to 26,76,558). Post-acquisition holding is 28,76,558, or 5.06%, via an open-market buy of 2,00,000 shares.
Carraro India Board Meeting Date
Carraro India Limited has scheduled a board meeting on November 6, 2026. The board will consider and approve unaudited financial results for the quarter ended September 30, 2026.