| Revenue growth | H1 +15% YoY; Q2 +19% YoY |
|---|---|
| Margins | EBITDA margin 9.7% vs 10.4%; gross margin 25.4% vs 27.5% |
| Demand visibility | Domestic 4WD and BHL demand strong; exports weak |
| Management confidence | Positive; margin recovery described as gradual |
Growth
Domestic revenue +30% H1 (Q2 +33%); agri vehicles +23%, construction +8%. Export -9% H1. Q2 PAT INR 351mn, +11%.
Outlook
No numeric FY27 guidance; revenue 'broadly aligned' with outlook. Paint-shop capex and capacity expansion ongoing.
Risks
Gross margin 25.4% vs 27.5% (input costs); West Asia disruption hit exports; H1 PAT includes INR 88mn one-off write-back.
Investor Presentation filed with NSE, NSE: CARRARO. Summary written with AI assistance from the document.
Carraro India Ltd: key numbers
- Share price
- ₹486.15
- Market cap
- ₹2,764 Cr
- Revenue (annual)
- ₹2,255 Cr
- Net profit (annual)
- ₹130.6 Cr
- P/E (TTM)
- 20.8×Sector 32.9×
- 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 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.
Carraro India Other Announcement
Carraro India Ltd filed its quarterly shareholding pattern under Regulation 31(1)(b) of the SEBI LODR Regulations for the quarter ended September 30, 2026.