Carraro India Limited
NSE: CARRARO · Auto Components & Equipments · sector
₹489.05NSE close 2026-10-26
Key numbers
Market cap₹2,780 cr
Price₹489.05
52w high / low₹668 / ₹416
P/E20.9xSector median 24.3x
P/B4.9xSector median 3.3x
Book value₹99.3
Dividend yield0.93%Sector median 0.55%
ROE20.9%Sector median 14.0%
ROCE27.6%Sector median 15.8%
OPM8.9%Sector median 11.6%
Debt / equity0.25xSector median 0.28x
EV/EBITDA13.8xSector median 13.0x
Interest cover10.4x
Current ratio1.62x
Sales growth 3y–Sector median +9.0%
Profit growth 3y–Sector median +9.5%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 132 companies in Auto Components & Equipments (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹90 cr vs borrowings ₹141 cr (FY26): borrowings are higher by ₹51 cr.
- Operating profit covered interest 10.4x in the last 12 months.
- Other income was 33% of net profit in the last 12 months.
- Dividend paid in 1 of the last 2 financial years.
- Price ₹489.05 on 2026-10-26: -26.7% from the 52-week high, +17.6% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹662.10 · low ₹254.20
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 449 | 444 | 493 | 586 | 570 | 607 | 545 |
| EBITDA | 32 | 45 | 48 | 52 | 46 | 63 | 44 |
| OPM % | 7.2% | 10.2% | 9.7% | 8.9% | 8.0% | 10.5% | 8.1% |
| Other income | 4 | 4 | 7 | 7 | 7 | 8 | 14 |
| Net profit | 15 | 24 | 29 | 32 | 2 | 42 | 31 |
| EPS (₹) | 2.58 | 4.17 | 5.12 | 5.58 | 4.94 | 7.33 | 5.52 |
| Revenue YoY | +27.0% | +36.6% | +10.5% | ||||
| Profit YoY | -85.7% | +75.7% | +7.8% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY25 | FY26 | TTM |
|---|---|---|---|
| Revenue | 1,808 | 2,255 | 2,307 |
| EBITDA | 171 | 209 | 206 |
| Net profit | 88 | 131 | 107 |
| EPS (₹) | 15.50 | 22.96 | 23.37 |
| Revenue growth | +24.8% | – | |
| Profit growth | +48.2% | – | |
| Dividend / share (₹) | – | 4.55 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | -7.0% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 458 | 565 |
| Borrowings | 175 | 141 |
| Cash & equivalents | 68 | 90 |
| Total assets | 1,107 | 1,269 |
| Fixed assets | 354 | 351 |
| Capital work in progress | 0 | 0 |
| Investments | 0 | 0 |
| Receivables | 291 | 375 |
| Inventory | 299 | 317 |
| Payables | 350 | 420 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 76 | 135 |
| Cash from investing | -50 | -30 |
| Cash from financing | -60 | -89 |
| Capex | 52 | 32 |
| Free cash flow | 24 | 102 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 19.2% | 23.1% |
| ROCE % | 22.3% | 27.2% |
| Debtor days | 59 | 61 |
| Inventory days | 83 | 70 |
| Payable days | 97 | 93 |
| Cash conversion cycle (days) | 45 | 38 |
| Working capital days | 47 | 53 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 68.77% |
| FIIs | 1.59% |
| DIIs | 15.30% |
| of which Mutual funds | 5.90% |
| of which Insurance | 3.66% |
| Public (non-institutions) | 14.34% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 68.77% | 68.77% | 68.77% | 68.77% | 68.77% | 68.77% | 68.77% | 68.77% |
| Promoter group | % |
|---|---|
| Carraro International S.E. | 68.77% |
| Carraro Technologies India Private Limited | 0.00% |
| Tomaso Carraro | 0.00% |
| Enrico Carraro | 0.00% |
| Mario Carraro | 0.00% |
| Giovanni Carraro | 0.00% |
| Lorenzo Emiliano Carraro | 0.00% |
| Isabella Bianca Carraro | 0.00% |
| Silvia Lorenzon | 0.00% |
| Virginia Carraro | 0.00% |
| Carolina Carraro | 0.00% |
| Gregorio Carraro | 0.00% |
| Margherita Carraro | 0.00% |
| Luciano Lorenzon | 0.00% |
| Esterina Nordio | 0.00% |
| Public holders above 1% | % |
|---|---|
| 3p India Equity Fund 1 | 3.45% |
| Hsbc Mutual Fund - Hsbc Small Cap Fund | 2.79% |
| Bajaj Life Insurance Limited | 2.77% |
| 3p India Equity Fund 1m | 1.37% |
| Lic Mf Multi Cap Fund | 1.16% |
89,230 shareholders. Pledged: – of promoter shares.
Peers in Auto Components & Equipments
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| MOTHERSON | ₹1,62,274 cr | 37.0x | 4.0x | 11.6% | 12.9% | 9.3% | +17.0% | 0.44% |
| BOSCHLTD | ₹1,32,455 cr | 56.0x | 8.9x | 16.5% | 21.7% | 13.4% | +10.3% | 1.14% |
| BHARATFORG | ₹82,736 cr | 117.2x | 8.7x | 7.5% | 10.0% | 14.0% | +9.2% | 0.46% |
| UNOMINDA | ₹61,747 cr | 51.3x | 9.0x | 19.1% | 16.6% | 10.9% | +20.5% | 0.27% |
| SCHAEFFLER | ₹54,960 cr | 43.9x | 8.9x | 21.6% | 27.8% | 18.2% | – | – |
| SONACOMS | ₹48,637 cr | 69.8x | 8.1x | 12.0% | 15.2% | 23.6% | +18.7% | 0.41% |
| TIINDIA | ₹40,369 cr | 66.5x | 5.2x | 9.1% | 23.6% | 9.2% | +15.2% | 0.42% |
| ENDURANCE | ₹31,415 cr | 32.4x | 4.6x | 15.4% | 16.7% | 13.1% | +18.4% | 0.45% |
| EXIDEIND | ₹28,636 cr | 30.7x | 2.1x | 6.7% | 9.7% | 10.3% | +6.1% | 0.60% |
| CARRARO | ₹2,780 cr | 20.9x | 4.9x | 20.9% | 27.6% | 8.9% | – | 0.93% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-03 | Dividend | Dividend - Rs 6.75 Per Share |
| 2025-09-03 | Dividend | Dividend - Rs 4.55 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing of axles, transmission systems, and gears that are custom engineered to meet the demanding requirements of global OEMs primarily in the agriculture and construction sectors: The Company is a technology driven integrated supplier that develops complex engineering products and solutions for its original equipment manufacturer (“OEM”) customers. The Company is an independent solution provider of axles, transmission systems and gears for industries.
| Sector | Consumer Discretionary |
| Industry | Auto Components & Equipments |
| Sub-industry | Auto Components & Equipments |
| Symbol | CARRARO |
| BSE code | 544320 |
| ISIN | INE0V7W01012 |
| Face value | ₹10.0 |
| Incorporated | 1997-04-11 |
| Website | www.carraroindia.com |
| Plants (India / abroad) | 2 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.