| Revenue growth | Q2 revenue +19% YoY; H1 +15%; ~2ppt from price. |
|---|---|
| Margins | EBITDA margin 9.2% vs 10% YoY; gross margin 23.3% vs 26.4%; contraction. |
| Demand visibility | Domestic retail healthy; wholesale softer; exports uneven, H2 seen flattish. |
| Management confidence | Balanced: cautiously optimistic; acknowledges margin pressure and unresolved cost recovery. |
Growth
Q2 revenue +19% YoY; domestic +33%, exports -4%. Only about 2ppt of H1 growth came from price; EBITDA +10%.
Outlook
FY27 revenue growth guided within 10-15%; margins to improve progressively. Localisation target 86-88%; no quantified margin guidance.
Risks
30-40% of cost-recovery negotiations open; input costs rising into Q3; gross margin down ~290bps; exports uneven.
Earnings Call Transcript 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 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.
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.