Pulse
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
CARRARO INDIA LIMITED

CARRARO INDIA LIMITED

NSE: CARRARO
Auto PartsConsumer CyclicalSMALL CAPMCap ₹2.87k Cr
₹504.00₹-3.95 (-0.78%)

Market Closed • NSE

Market cap₹2.87k Cr
Enterprise value₹2.95k Cr
P/E TTM21.57
P/B5.08
EPS TTM₹23.37
D/E0.27
Dividend yield0.01%
52W high₹667.55
52W low₹416.00
Price chart(1Y)
1Y Return:-4.16% (₹21.90)
H: ₹609.9L: ₹492.25
1W-0.24%
1M-2.15%
3M-9.17%
6M-10.58%
1Y-0.62%
Today at a glance

Day range

₹501.55₹508.90

52 week range

₹416.00₹667.55
Volume23.6K0.24x 20D avg
Free float50.00%-75.80% volume

CARRARO INDIA LIMITED closed at INR504.00 (-0.78%) on volume 0.24x its 20-day average, trading 24.5% below its 52-week high.

Technical analysis
RSI (14)40.2Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹14.88Moderate
SMA 20₹522.96BEARISH
SMA 50₹526.74BEARISH
SMA 100₹534.80BEARISH
SMA 200₹531.38BEARISH
CPR bottom₹508.25
Pivot₹508.15
CPR top₹508.05
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +48.5% QoQ

2026-09-03

DIVIDEND Announced

Dividend - Rs 6.75 Per Share

2025-09-03

DIVIDEND Announced

Dividend - Rs 4.55 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹154.9 Cr₹2.87k Cr5.41%≤ 33%PASS
Non-halal income ratio–₹2.26k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹1.18k Cr₹1.27k Cr92.87%≥ 20%PASS
Receivables ratio–₹1.27k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E21.5726.80
Forward P/E——
P/B5.082.70
EV/EBITDA—18.00
PEG—1.00
Earnings yield4.603.70
Growth & profitability
RevenuePAT
FY23PAT margin 2.80%
FY24PAT margin 3.50%
FY25PAT margin 4.90%
FY26PAT margin 5.80%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+9.80%
Revenue CAGR 5Y—
PAT CAGR 3Y+39.20%
PAT CAGR 5Y—
Operating margin5.97%
Net margin5.76%
Financial health & cash flow
Net debt₹64.5 CrModerate
Interest coverage8.90xEBIT / interest
CFO / PAT1.15x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹134.6 Cr
Capital expenditure–
Free cash flow₹102.3 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall68/100
Valuation60/100
Profitability50/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.27x

High Cash Flow Conversion: CFO/PAT averaged 1.15x over last 3 years

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Auto Parts.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
03 Sept 2026Dividend₹6.75 / share—03 Sept 2026
03 Sept 2025Dividend₹4.55 / share—03 Sept 2025
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)53.39%+2.76% latest vs average
Highest delivery88.94%on 30 Sept
Average volume (20D)97.5KTrading-session average
Conviction trendStrengthening+2.76% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Titan Company Limited
Titan Company LimitedTITAN
Open analysis
₹3.94L68.510.34%₹21,356.00₹1,777.00+29.25%+62.88%
Maruti Suzuki India Limited
Maruti Suzuki India LimitedMARUTI
Open analysis
₹3.61L25.201.22%₹52,470.00₹3,447.00+35.92%-9.10%
Mahindra & Mahindra Limited
Mahindra & Mahindra LimitedM&M
Open analysis
₹3.51L17.781.15%₹41,959.00₹3,685.00+22.89%+6.81%
Eternal Limited
Eternal LimitedETERNAL
Open analysis
₹3.00L692.130.00%₹3,349.00₹585.00+38.79%-2.82%
Bajaj Auto Limited
Bajaj Auto LimitedBAJAJ-AUTO
Open analysis
₹2.86L24.741.44%₹17,243.72₹2,982.84+36.35%+34.94%
Eicher Motors Limited
Eicher Motors LimitedEICHERMOT
Open analysis
₹2.00L34.661.13%₹6,632.00₹1,463.00+31.54%+21.41%
TVS Motor Company Limited
TVS Motor Company LimitedTVSMOTOR
Open analysis
₹1.95L56.760.30%₹16,296.00₹1,058.00+33.46%+64.54%
Samvardhana Motherson International Limited
Samvardhana Motherson International LimitedMOTHERSON
Open analysis
₹1.70L38.550.31%₹35,244.00₹1,076.00+16.66%+77.56%
About CARRARO INDIA LIMITED
CARRARO INDIA LIMITED

Carraro India Limited manufactures and sells automotive equipment, parts, and components in India and internationally. The company offers mechanical transmissions, clutches, hydraulic lifts and planetary drives, and axles for agricultural tractors; and construction equipment, including components, parts and spares, backhoe loaders, soil compactors, cranes, self-loading concrete mixers, and small motor graders. It also provides gears, shafts, and ring gears for industrial, automotive, and material handling applications. The company was incorporated in 1997 and is based in Pune, India. Carraro India Limited operates as a subsidiary of Carraro International S.E.

IndiaConsumer Cyclical

Questions investors ask
Is CARRARO INDIA LIMITED Shariah compliant?

CARRARO INDIA LIMITED is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (5.41%) complies with AAOIFI threshold (≤ 33%).

What is CARRARO INDIA LIMITED's current valuation relative to peers?

CARRARO INDIA LIMITED trades at a P/E of 21.6x compared to the sector median of 26.8x, and a Price-to-Book of 5.1x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.27x. Interest coverage is 8.9x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.