Carraro India Ltd (CARRARO) — shareholding pattern, promoter holding, financials and share price
About Carraro India Ltd (CARRARO)
Carraro India Ltd operates in the Auto Components & Equipments industry, within the Automobile and Auto Components sector. It trades on the NSE as CARRARO and on the BSE under scrip code 544320. Its ISIN is INE0V7W01012.
Incorporated in 1997, Carraro India Ltd manufactures axles and transmission systems for agricultural tractors and construction vehicles [1]
Carraro India Limited is a Pune‑based Tier‑1 manufacturer of axles, transmission systems, gears and driveline components for agricultural and construction off‑highway vehicles, operating two manufacturing plants and an R&D centre and supplying marquee domestic and international OEMs including channels via the Carraro Group.
Financial momentum is strong: 9M FY26 total income rose 21% YoY to INR 1,669.8 crore, EBITDA grew 28% YoY to INR 176.5 crore and PAT increased 38% YoY to INR 88.9 crore, with Q3 FY26 delivering sharper beats (Q3 revenue +27%, EBITDA +71%, PAT +91%).
Listed peers in Auto Components & Equipments: Wheels India Ltd, Rane (Madras) Ltd, JTEKT India Ltd, Uniparts India Ltd, Sundaram Clayton Ltd, Divgi Torqtransfer Systems Ltd.
Valuation & Returns
10 Jul 2026At ₹566.3 a share on 10 Jul 2026, Carraro India Ltd (CARRARO) was valued at a price-to-earnings ratio of 24.65x against an industry P/E of 37.75x and a price-to-book of 7.03x on a book value of ₹80.55 per share as of Mar 2025. Solomo computes return on equity of 28.52% and return on capital employed of 29.64% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 24.65x
- Industry P/E
- 37.75x
- P/B
- 7.03x
- EPS (TTM)
- ₹22.97
- Book value / share
- ₹80.55
- ROE
- 28.52%
- ROCE
- 29.64%
- ROA
- 11.79%
- Debt / equity
- 0.42x
- Dividend yield
- 0.8%
- EBITDA margin
- 10.55%
- 52-week range
- ₹405 – ₹667.25
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Carraro India Ltd (CARRARO) reported revenue of ₹2,255 crore, net profit of ₹131 crore and earnings per share of ₹22.97. That compares with revenue of ₹1,808 crore and net profit of ₹88 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹607 crore and net profit ₹42 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,498 | 1,713 | 1,789 | 1,808 | 2,255 |
| Net profit (₹ cr) | 22 | 48 | 63 | 88 | 131 |
| EPS (₹) | 3.94 | 8.52 | 11 | 15.5 | 22.97 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 12.54% | 6.10% | 1.04% |
| Profit growth | 44.94% | 71.62% | 40.89% |
| Stock price CAGR | - | - | 28% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 68.77% of Carraro India Ltd (CARRARO) (unchanged from the previous quarter), foreign institutional investors (FII) hold 2.91% and domestic institutional investors (DII) hold 16.1%. Market capitalisation was ₹3,220 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2024.
Largest disclosed public shareholders in Jun 2026: Lic Mf Manufacturing Fund 3.14%, Hsbc Mutual Fund - Hsbc Small Cap Fund 2.79%, Bajaj Life Insurance Limited 2.77%, Tata Aia Life Insurance Company Limited A/C Small Cap Discovery Fund (Ulif 071 22/05/23 Scf 110) 1.9%, Bank Of India Small Cap Fund 1.51%, Ashoka India Equity Investment Trust Plc 1.21%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 68.77% | - | 2.91% | 16.1% | 31.23% |
| Mar 2026 | 68.77% | - | 3.01% | 17.53% | 31.23% |
| Dec 2025 | 68.77% | - | 2.72% | 17.12% | 31.23% |
| Sep 2025 | 68.77% | - | 3.59% | 17.05% | 31.23% |
| Jun 2025 | 68.77% | - | 3.69% | 16.61% | 31.23% |
| Mar 2025 | 68.77% | - | 4.02% | 17.03% | 31.23% |
| Dec 2024 | 68.77% | - | 3.52% | 17.53% | 31.23% |