CARRARO
Carraro India Limited (CARRARO) Stock Analysis
Carraro India Limited is an Indian manufacturer of transmission and axle systems for tractors and vehicles. It supplies drivetrain components to farm equipment and automotive OEMs. Rural equipment demand and tractor sales influence its volumes. The company is listed on Indian stock exchanges and operates from India.
Consumer Cyclical › Auto Parts
₹507.90
-0.36% 1W | +0.10% 52W
Market Cap
2.9k CR
P/E Ratio
21.7
52W High
₹667.5
52W Low
₹416
Div. Yield
1.32%
Beta
–
50 DMA
₹528.2
200 DMA
₹529.8
Profit Margin
5.8%
Inst. Own.
16.1%
📊 CONSOLIDATION
📊 CONSOLIDATION
Fundamentals
Profit & Loss
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 435 | 393 | 474 | 441 | 449 | 444 | 493 | 586 | 570 | 607 | 545 |
| Expenses | 397 | 355 | 424 | 398 | 416 | 399 | 445 | 534 | 514 | 543 | 501 |
| Operating Profit | 38 | 38 | 50 | 43 | 32 | 45 | 48 | 52 | 55 | 63 | 44 |
| OPM % | 9% | 10% | 11% | 10% | 7% | 10% | 10% | 9% | 10% | 10% | 8% |
| Other Income | 5 | 3 | 4 | 5 | 4 | 4 | 7 | 7 | -2 | 8 | 14 |
| Interest | 6 | 6 | 5 | 7 | 5 | 5 | 5 | 5 | 4 | 5 | 4 |
| Depreciation | 11 | 11 | 11 | 11 | 11 | 12 | 11 | 12 | 12 | 11 | 11 |
| Profit before tax | 26 | 25 | 37 | 29 | 20 | 32 | 38 | 43 | 37 | 55 | 42 |
| Tax % | 25% | 26% | 26% | 25% | 26% | 26% | 24% | 25% | 24% | 24% | 25% |
| Net Profit | 19 | 18 | 28 | 22 | 15 | 24 | 29 | 32 | 28 | 42 | 31 |
| EPS in Rs | 3.41 | 3.20 | 4.88 | 3.86 | 2.58 | 4.17 | 5.12 | 5.58 | 4.94 | 7.33 | 5.52 |
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|
| Sales | 1,498 | 1,713 | 1,789 | 1,808 | 2,255 | 2,307 |
| Expenses | 1,437 | 1,608 | 1,657 | 1,637 | 2,037 | 2,092 |
| Operating Profit | 60 | 105 | 132 | 171 | 219 | 215 |
| OPM % | 4.0% | 6% | 7% | 9% | 10% | 9% |
| Other Income | 23 | 20 | 18 | 16 | 19 | 26 |
| Interest | 16 | 20 | 22 | 23 | 19 | 19 |
| Depreciation | 36 | 39 | 43 | 45 | 46 | 46 |
| Profit before tax | 31 | 66 | 84 | 119 | 173 | 176 |
| Tax % | 27% | 26% | 26% | 26% | 24% | |
| Net Profit | 22 | 48 | 63 | 88 | 131 | 133 |
| EPS in Rs | 3.94 | 8.52 | 11.00 | 15.50 | 22.97 | 23.37 |
| Dividend Payout % | 22% | 45% | 0% | 29% | 29% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 10.0% | – | – |
| Profit CAGR | 42.0% | – | – |
Shareholding Pattern
Promoters68.77%
FIIs3.59%
DIIs17.05%
Public10.59%
Promoters68.77%
FIIs2.72%
DIIs17.11%
Public11.39%
Promoters68.77%
FIIs3.01%
DIIs17.53%
Public10.68%
Promoters68.77%
FIIs2.91%
DIIs16.10%
Public12.22%
Promoters68.77%
FIIs1.59%
DIIs15.30%
Public14.34%
Promoters68.77%
FIIs4.02%
DIIs17.03%
Public10.18%
Promoters68.77%
FIIs3.01%
DIIs17.53%
Public10.68%
Promoters68.77%
FIIs1.59%
DIIs15.30%
Public14.34%
CARRARO
Holdings Analysis
Key strengths & risk signals
72
Overall
81
Fundamental
63
Technical
Risks (4)
LOW MARGIN! 5.8% profit margin - thin profits.
WEAK POSITION! Current price (512.9) is below both moving averages.
NEGATIVE MOMENTUM! Price declined across timeframes - down 3.9% (1 week), 4.8% (1 month), 10.0% (3 months).
BEARISH TREND! 50-day average (528.8) is below 200-day average (529.9) - negative signal.
Strengths (4)
UNDERVALUED! PEG of 0.56 indicates stock is cheap relative to growth.
BULLISH SENTIMENT! In last 30 days: 13 up days, 16 down days. Avg volume on up days: 145,485 vs down days: 80,734. Ratio: 1.8x
TESTING SUPPORT! Stock is at key support level.
NEUTRAL! RSI at 44.3 - balanced momentum.
Fundamental & Technical Analysis
69Overall
81Fundamental
58Technical
Fundamental Breakdown
Growth Quality
23/30
Revenue CAGR: 9.7% (MODERATE, 8/15). Profit CAGR: 39.2% (EXCELLENT, 15/15).
Profit Margin
3/10
LOW MARGIN! 5.8% profit margin - thin profits.
PEG Valuation
10/10
UNDERVALUED! PEG of 0.55 indicates stock is cheap relative to growth.
Dividend Yield
5/10
LOW DIVIDEND! 1.32% yield - minimal income contribution.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 10.18% public ownership - strong promoter/institutional control.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
3/10
BEARISH TREND! 50-day average (528.2) is below 200-day average (529.8) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (507.9) is below both moving averages.
Trend Pattern
10/20
Current trend: CONSOLIDATION
52W Performance
4/10
POSITIVE YEAR! Stock gained 0.1% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 13 up days, 16 down days. Avg volume on up days: 145,485 vs down days: 74,765. Ratio: 1.95x
RSI
3/5
NEUTRAL! RSI at 42.2 - balanced momentum.
52W Range
2/5
LOWER HALF! Trading at 36.5% of 52W range - weakness visible.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 0.4% (1 week), 2.5% (1 month), 10.5% (3 months).
Beta
3/5
MARKET ALIGNED! Beta of 1.00 - moves with the market.
CARRARO
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q1FY272026-08-12 | Concall PDF | |
| Q4FY262026-06-02 | Concall PDF | |
| Q3FY262026-02-18 | Concall PDF | |
| Q2FY262025-11-19 | Concall PDF |
Peer Comparison
Consumer Cyclical · Auto Parts · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CARRARO | ₹507.90 | 21.7 | 5.8% | 9.7% | 39.2% | +0.1% | 69 | CONSOLIDATION | +7.9% | -24.7% | +10.5% | -10.2% |
| DIVGIITTS | ₹927.10 | 43.7 | 15.1% | 9.7% | -2.8% | +52.9% | 65 | BREAKDOWN | +183.1% | +62.6% | +91.2% | +27.4% |
| INDNIPPON | ₹1,145.10 | 22.5 | 10.0% | 17.7% | 32.1% | +17.8% | 77 | BREAKDOWN | +15.9% | -32.2% | +35.5% | +1.7% |
| JTEKTINDIA | ₹114.30 | 43.6 | 2.6% | 9.3% | -4.1% | -24.2% | 45 | HIT RESISTANCE | -42.6% | -77.5% | +26.9% | -8.0% |
| SANDHAR | ₹532.50 | 15.4 | 4.0% | 18.7% | 39.6% | +0.9% | 66 | BREAKDOWN | +33.2% | -41.5% | +26.8% | +5.7% |
| TVSSRICHAK | ₹4,259.70 | 35.3 | 2.4% | 6.8% | -3.0% | +11.0% | 46 | BREAKDOWN | +163.6% | -5.8% | +30.3% | +8.8% |
| FMGOETZE | ₹450.30 | 14.7 | 8.5% | 6.4% | 19.2% | -3.7% | 60 | APPROACHING SUPPORT | +0.7% | -11.4% | +8.8% | +7.7% |
| AUTOAXLES | ₹1,610.60 | 14 | 7.9% | -1.9% | 0.5% | -5.3% | 53 | BREAKDOWN | +27.7% | -15.4% | +5.6% | -22.2% |
Data from TradeAlone · Updated daily
