ALFA Finder| Management target | Revenue FY30 |
|---|
| Revenue growth | Revenue grew 25% YoY to ₹2,255 crore in FY26. |
|---|---|
| Margins | EBITDA margins improved to 10.8% from 10.2% YoY. |
| Order book | Positive order book for construction; new TBH axle programs ramping up. |
| Demand visibility | Strong structural shift to 4WD; construction equipment remains resilient. |
| Management confidence | Confident but cautious regarding West Asia geopolitical impacts. |
Growth
Revenue grew 25% to ₹22,555 million; PAT surged 48% due to operational leverage and a structural shift toward 4WD tractors.
Outlook
Management raised FY30 revenue target to ₹35,000–40,000 million. FY27 growth guidance cautious at 4-12%.
Risks
Geopolitical volatility in West Asia, energy price hikes, and potential monsoon deficits pose near-term production and demand risks.
Last quarter's promises, checked
Delivered
- Guided 100bps margin improvement → delivered 10.8% from 10.2% (= BEAT)
- Guided 8-12% revenue growth → delivered 25% (= BEAT)
- Guided 78% localization → delivered 78% (= BEAT)
Partly delivered
- Guided FY27 revenue 8-12% → lowered to 4-12% due to volatility (= PARTIAL)
Earnings Call Transcript 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.