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Carraro India

Carraro India

NSE: CARRAROBSE 544320Consumer Cyclicalwww.carraroindia.com
View MapTV Chart
525.90
23.50+4.68%
DAY507
₹525.90
528
Open506.70
Prev Close502.40
Bid525.87100
Ask525.93100
Volume70.0K74%vs 20D avg
Market Cap₹3,001.76 Cr
Promoter Hold.68.8%
Face Value₹10
Fwd P/E
PEG
EV/EBITDA12.27
P/S1.33
ROA9.11%
Beta
Div Payout19.82%
Valuation

Carraro India Ltd valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Carraro India Ltd, framed against the sector median so the premium or discount is obvious at a glance.

Carraro India Ltd trades at a P/E of 22.91× and P/B of 5.30×.

Key MetricsLive · as of 12 Jun 2026
the price tag

Valuation

Market Cap
₹3,001.76 Cr
P/E Ratio
good22.91
P/B Ratio
watch5.3
EPS
22.96
the engine

Profitability

ROE
good25.53%
ROCE
good22.7%
Net Margin
avg5.79%
Op Margin
watch7.68%
the trajectory

Growth

EPS YoY
good75.8%
Revenue YoY
good36.6%
Qtr Sales
avg3.99%
Qtr Profit
avg4.83%
the balance sheet

Financial Health

Debt / Equity
watch27.43
Book Value
99.31
Div Yield
avg0.91%
Promoter Hold.
good68.8%
Financials

Carraro India Ltd financials: P&L, balance sheet, cash flow, ratios.

Twelve years of audited numbers for Carraro India Ltd, switchable between annual and quarterly views, consolidated or standalone.

Carraro India Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹3,001.76 Cr and reported EPS of ₹22.96.

Period20252026
Revenue from Operations
1,808
2,255
Other Income
16
29
Total Income
1,823
2,284
Cost of Goods Sold (COGS)
1,314
1,656
Gross Profit
494
599
+Operating Expenses
323
380
EBITDA
171
219
+Non-Operating Expenses
68
56
Profit Before Tax (PBT)
119
173
+Tax Expense
31
42
Profit After Tax (PAT)
88
131
Earnings Per Share (EPS)
15.50
22.96
Diluted Shares Outstanding (Nos.)
6
6
+Additional Disclosures
3,018
3,760
Sales Growth %
24.78
YoY Sales Growth %
24.78
Material Cost %
72
73
Employee Cost %
9
7
Other Cost %
9
9
OPM %
9
10
Tax %
26
24
Profit Growth %
48.16
Gross Margin %
0.00
0.00
EBITDA Margin %
0.00
0.00
Interest Coverage Ratio
0.00
0.00
Additional Fields
125
173
all values in ₹ Cr unless suffixed · source: company filings
Segment Analysis

Carraro India segment analysis: revenue and profit mix.

Disclosed business segments at Carraro India with their share of revenue and profit, switchable between consolidated and standalone reporting.

Carraro India discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Investment Thesis

Carraro India Ltd investment thesis: bull case, bear case, and the flip lines.

Why someone would buy Carraro India Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.

Carraro India Ltd's investment case rests on 8 positive markers and 7 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • The company demonstrates robust profitability with an impressive Return on Equity (ROE) of 21.10% and Return on Capital Employed (ROCE) of 22.70%, indicating efficient capital utilization.

  • A high and stable promoter holding of 68.77% across recent quarters signals strong confidence from the management in the company's future prospects.

  • With a low debt-to-equity ratio of 0.42, Carraro India maintains a conservative financial structure, reducing financial risk and enhancing stability.

  • Carraro India's P/E ratio of 31.20 is notably lower than many of its peers in the Auto Components sector, suggesting a potentially attractive valuation.

  • The company reported a healthy 3.99% quarterly sales growth and a 4.83% quarterly profit growth, indicating positive operational momentum.

bear case

What can break it.

  • The stock has shown some recent volatility, with a significant drop from its 52-week high of 692.00 to the current price of 490.00, indicating price sensitivity.

  • While the latest quarter shows growth, net profits have fluctuated significantly in previous quarters (e.g., 28 Cr to 15 Cr), suggesting inconsistent earnings.

  • Foreign Institutional Investors (FII) holding has slightly decreased from 4.02% in March 2025 to 3.59% in September 2025, which could be a minor concern.

  • The company operates in a highly competitive sector with larger players like Bosch and Schaeffler, posing a significant threat to market share and pricing power.

  • Dependency on raw materials for auto components exposes the company to risks from fluctuating commodity prices, potentially impacting profit margins.

flip conditions

What would change my mind.

  • Trim if P/E re-rates above 30. The valuation cushion thins from there.

  • Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 27.93. Balance sheet risk re-prices growth multiples fast.

  • Exit if ROE slips below 21%. The operating engine is no longer compounding capital efficiently.

Shareholding

Carraro shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Carraro — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

Loading shareholding data...

Peers

Carraro India Ltd peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Carraro India Ltd is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
Samvardhana Motherson International Ltd
₹1.51 Lakh Cr
Best Profit Growth
Rico Auto Industries Ltd
193.00 %
Highest Dividend Yield
Munjal Showa Ltd
3.51 %

Peer Comparison

Company Name
ALICON
Alicon Castalloy Ltd
ARE&M
Amara Raja Energy & Mobility Ltd
ASAHIINDIA
Asahi India Glass Ltd
ASAL
Automotive Stampings & Assemblies Ltd
ASKAUTOLTD
ASK Automotive Ltd
AUTOAXLES
Automotive Axles Ltd
AUTOIND
Autoline Industries Ltd
BANCOINDIA
Banco Products (India) Ltd
BHARATFORG
Bharat Forge Ltd
BHARATGEAR
Bharat Gears Ltd
BOSCHLTD
Bosch Ltd
CARRARO
Carraro India LtdCurrent Stock
CIEINDIA
CIE Automotive India Ltd
CRAFTSMAN
Craftsman Automation Ltd
DIVGIITTS
Divgi Torqtransfer Systems Ltd
ENDURANCE
Endurance Technologies Ltd
EXIDEIND
Exide Industries Ltd
FIEMIND
Fiem Industries Ltd
FMGOETZE
Federal-Mogul Goetze (India) Ltd
GABRIEL
Gabriel India Ltd
GNA
GNA Axles Ltd
HINDCOMPOS
Hindustan Composites Ltd
IGARASHI
Igarashi Motors India Ltd
INDNIPPON
India Nippon Electricals Ltd
JAMNAAUTO
Jamna Auto Industries Ltd
JAYBARMARU
Jay Bharat Maruti Ltd
JBMA
JBM Auto Ltd
JTEKTINDIA
JTEKT India Ltd
KROSS
Kross Ltd
LGBBROSLTD
L G Balakrishnan & Bros Ltd
LUMAXIND
Lumax Industries Ltd
LUMAXTECH
Lumax Auto Technologies Ltd
MENONBE
Menon Bearings Ltd
MINDACORP
Minda Corporation Ltd
MMFL
M M Forgings Ltd
MOTHERSON
Samvardhana Motherson International Ltd
MSUMI
Motherson Sumi Wiring India Ltd
MUNJALAU
Munjal Auto Industries Ltd
MUNJALSHOW
Munjal Showa Ltd
NDRAUTO
NDR Auto Components Ltd
NRBBEARING
NRB Bearings Ltd
OMAXAUTO
Omax Autos Ltd
PAVNAIND
Pavna Industries Ltd
PPAP
PPAP Automotive Ltd
PRECAM
Precision Camshafts Ltd
PRICOLLTD
Pricol Ltd
PRITIKAUTO
Pritika Auto Industries Ltd
RAJRATAN
Rajratan Global Wire Ltd
REMSONSIND
Remsons Industries Ltd
RICOAUTO
Rico Auto Industries Ltd
RKFORGE
Ramkrishna Forgings Ltd
RML
Rane (Madras) Ltd
ROLEXRINGS
Rolex Rings Ltd
SANDHAR
Sandhar Technologies Limited
SANSERA
Sansera Engineering Ltd
SCHAEFFLER
Schaeffler India Ltd
SETCO
Setco Automotive Ltd
SHARDAMOTR
Sharda Motor Industries Ltd
SHIVAMAUTO
Shivam Autotech Ltd
SJS
S J S Enterprises Ltd
SONACOMS
Sona BLW Precision Forgings Ltd
SSWL
Steel Strips Wheels Ltd
STERTOOLS
Sterling Tools Ltd
SUNCLAY
Sundaram Clayton Ltd
SUNDRMBRAK
Sundaram Brake Linings Ltd
SUNDRMFAST
Sundram Fasteners Ltd
SUPRAJIT
Suprajit Engineering Ltd
TALBROAUTO
Talbros Automotive Components Ltd
TIINDIA
Tube Investments of India Ltd
UCAL
Ucal Ltd
UNIPARTS
Uniparts India Ltd
UNOMINDA
Uno Minda Ltd
URAVIDEF
Uravi Defence & Technology Ltd
VARROC
Varroc Engineering Ltd
WHEELS
Wheels India Ltd
ZFCVINDIA
ZF Commercial Vehicle Control System India Ltd
Technicals

Carraro India Ltd technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Carraro India Ltd — derived from the live tape, not yesterday's close.

Carraro India Ltd last traded at ₹525.9 with an intraday range of ₹506.7–₹528 — live indicator, pivot and CPR signals below.

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹525.90
LevelPrice (₹)Distance% Δ
R4576.30+50.40+9.58%
R3555.00+29.10+5.53%
R2541.50+15.60+2.97%
R1533.70+7.80+1.48%
PIVOT520.20-5.70-1.08%
CURRENT525.90
S1469.80-56.10-10.67%
S2491.10-34.80-6.62%
S3498.90-27.00-5.13%
S4512.40-13.50-2.57%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 517.35P: 520.20TC: 523.05
R1
R2
R3
R4
indicator
LTP: 525.90
PDH: 513.85
PDL: 500.25
● Market Sentiment

CARRARO is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: 506.7 ~ 519.35

● Price Position

Trading Above opening range, showing Bullishness

Delivery & Volume

Carraro India Ltd delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Carraro India Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Carraro India Ltd stood at 57.7% of traded volume, against a 20-day average of 46.4%.

Avg Delivery (20D)46.4%+11.2 ppt latest vs avg
Highest Delivery66%on 21 May
Avg Volume (20D)2.73 L20-day run-rate
Conviction Trend↑ Strengthening+11.2 ppt latest read
Volume & Delivery · last 20 sessions
Filings & Concalls

Carraro India announcements: results, concalls, ratings, M&A.

Filings Carraro India sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Carraro India files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 135 documents below.

  1. 02 Jun 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    CARRARO: Carraro India Limited has informed the Exchange about Transcript of the Earnings Conference Call held on Wednesday, 27thMay, 2026.

  2. 27 May 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Carraro India Limited has informed the Exchange about Copy of Newspaper Publication of Audited Financial Results (both standalone and consolidated)…

  3. 20 May 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Carraro India Limited has informed the Exchange about Schedule of meet

  4. 20 May 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Carraro India Limited has informed the Exchange about Schedule of meet

  5. 16 May 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    CARRARO: Carraro India Limited has informed the Exchange about Schedule of Earnings Conference Call.

Corporate Actions

Carraro India dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Carraro India has declared, sequenced by announce and record date.

Carraro India corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About Carraro India Ltd: business, sector, key facts.

What Carraro India Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Carraro India Ltd operates in the Consumer Cyclical, listed as NSE: CARRARO, BSE: 544320.

CARRARO
Consumer Cyclical

Carraro India Ltd

NSE · CARRARO·BSE · 544320·www.carraroindia.com

Carraro India Limited is a prominent player in the manufacturing and sales of automotive equipment, parts, and components, serving both domestic and international markets. Their product portfolio is diverse and caters to a range of industries, demonstrating a strong focus on providing critical mechanical systems for various applications.

A significant portion of Carraro's business involves supplying essential components for agricultural machinery. Specifically, they are a major producer of mechanical transmissions, clutches, hydraulic lifts, planetary drives, and axles designed for agricultural tractors. These components are fundamental to the operation and performance of these vital machines, highlighting Carraro's role in supporting the agricultural sector.

Beyond agriculture, Carraro also makes a considerable contribution to the construction equipment industry. Their product range includes components crucial for the functionality of construction machinery, further expanding their reach into a different yet equally important sector. This diversification showcases their adaptability and ability to serve multiple demanding industries with high-quality parts.

In addition to their focus on agricultural and construction equipment, Carraro manufactures gears, shafts, and ring gears for industrial and automotive vehicles. This broadens their market reach even further, encompassing a wide spectrum of applications within the transportation and industrial sectors. This strategic diversification allows them to benefit from multiple market segments and mitigate risk.

Established in 1997 and headquartered in Pune, India, Carraro India Limited operates as a subsidiary of Carraro International S.E. This affiliation provides access to global resources, expertise, and a wider network for expansion and growth. The company’s long history and international connections firmly establish its position as a key supplier in the automotive components industry.

company facts
Founded / IPO
Employees
SectorConsumer Cyclical
HeadquartersPune, India
Market Cap₹3,001.76 Cr
Listed OnNSE
leadership8 on record
Mr. Ashok Kumar
Director of Sales & Business Development
Mr. Balaji Gopalan
Managing Director
Mr. Davide Grossi
CFO & Whole-Time Director
Mr. Mohith Kumar Khandelwal
Company Secretary & Compliance Officer
Mr. Sanjay Kumar
Director of Manufacturing
Mr. Sudhendra Sharad Mannikar
COO & Whole-Time Director
Mr. Vijay Raman
Director of Purchase & Supply Chain Management
Ms. Mamta Bakshi
Director of HR, Leadership & Culture
§ ∞ · Plainly Answered

Questions investors ask about Carraro India Ltd (CARRARO).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Carraro India Ltd (CARRARO)?

The current share price of Carraro India Ltd (CARRARO) is ₹525.9. Today, the stock has gained by ₹23.50 (4.68%), trading in a range of ₹506.7 to ₹528. The stock opened at ₹506.7 with a trading volume of 70,015 shares.

02Is Carraro India Ltd stock a good investment for long-term?

Carraro India Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹3,001.76 crores, P/E ratio of 22.91, ROE of 25.53%, and ROCE of 22.70%. The dividend yield stands at 0.91%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Carraro India Ltd stock?

The 52-week high price of Carraro India Ltd (CARRARO) is ₹0, while the 52-week low is ₹0. Currently trading at ₹525.9, the stock is Infinity% away from its 52-week low and -Infinity% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Carraro India Ltd stock at the current price?

Whether to buy Carraro India Ltd stock at ₹525.9 depends on multiple factors. The stock is currently trading with a P/E ratio of 22.91 and P/B ratio of 5.30. Today's performance shows a gain of 4.68%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Carraro India Ltd and when is the next dividend?

Carraro India Ltd offers a dividend yield of 0.91%, which means for every ₹100 invested at the current price of ₹525.9, you can expect to receive approximately ₹0.91 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Carraro India Ltd?

Carraro India Ltd's key financial metrics include: P/E Ratio: 22.91, P/B Ratio: 5.30, ROE: 25.53%, ROCE: 22.70%, Dividend Yield: 0.91%, EPS: ₹22.96, Book Value: ₹99.31, and Debt-to-Equity: 27.43. The company's market cap stands at ₹3,001.76 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Carraro India Ltd stock performing today in the market?

Carraro India Ltd stock opened at ₹506.7 and is currently trading at ₹525.9, showing a gain of ₹23.50 (4.68%). The intraday high is ₹528 and low is ₹506.7. The trading volume stands at 70,015 shares, indicating moderate market participation today.

08What is the P/E ratio of Carraro India Ltd and what does it indicate?

Carraro India Ltd has a Price-to-Earnings (P/E) ratio of 22.91, which means investors are willing to pay ₹22.91 for every ₹1 of earnings. With an EPS of ₹22.96, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Carraro India Ltd (CARRARO) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.