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Earnings Call

Carraro India Earnings Call: Key Takeaways

Carraro India delivered strong FY26 results with 25% revenue growth and 48% PAT growth. Strategy focuses on shifting towards 4WD tractor axles and higher horsepower transmissions.

Why this was an Alfa AlertNot a filter event. Results and guidance are largely in line with prior management expectations and strategic trajectory.
Highlights
Revenue growth25% YoY growth in FY26 driven by domestic 4WD demand.
MarginsEBITDA margin improved to 10.8%; targeting continued expansion through localization.
Order bookGood visibility for Backhoe loader exports and Tele Boom Handler axles.
Demand visibilityPositive 4WD tractor transition; robust construction equipment export order book.
Management confidenceStrong; raised long-term FY30 revenue target due to structural shifts.

Growth

FY26 Revenue grew 25% to ₹2,255cr; EBITDA rose 33% to ₹247.5cr; PAT surged 48% to ₹130.6cr.

Outlook

FY30 revenue target raised to ₹3,500-4,000cr. FY27 revenue growth guided at 8-12% (potentially 4-8% if volatile).

Risks

Geopolitical volatility in West Asia, energy price spikes, supply chain disruptions, and migrant labor availability.

Source

Earnings Call filed with NSE, NSE: CARRARO. Summary written with AI assistance from the document.

Read the document ↗

Carraro India Limited: key numbers

Share price
₹535.00
Market cap
₹3,042 Cr
Revenue (annual)
₹2,255 Cr
Net profit (annual)
₹130.6 Cr
P/E (TTM)
22.9×Sector 33.6×
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.

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₹20.25 Cr