Carraro India share price today

Carraro India Ltd's share price was ₹492.80 at the close on 4 November 2026. It has been falling for 1 week. That is 5.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹442 and ₹595, and at that close it sat 33% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Carraro India Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 2 weeks in a row.

Over the last 1 year the share price moved −26% while the NIFTY 500 moved −2%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: revenue up on a year earlier for 7 quarters in a row (every quarter we can compare) and profit up on a year earlier for 6 quarters in a row.

1. Revenue up on a year earlier for 7 quarters in a row (every quarter we can compare)

   In the June 2026 quarter revenue was ₹545 crore, +10.5% on a year earlier.

   Why: Revenue rose because domestic sales to farm and construction equipment makers grew and made up for weaker exports.

   Next results: check whether export shipments recover and whether farm and construction demand holds.

   From the earnings call on 7 Aug 2026.

2. Profit up on a year earlier for 6 quarters in a row

   In the June 2026 quarter profit was ₹31 crore, +6.9% on a year earlier.

   Why: Profit rose with help from a one-time customs refund, while higher energy and material costs and supplier labor shortages held back a bigger gain.

   Next results: check whether price increases close the gap with supplier costs and whether the margin recovers.

   From the earnings call on 7 Aug 2026.

For April to June 2026 (the quarter ended 30 June 2026), Carraro India reported revenue of ₹545 crore, up 10.5% from ₹493 crore a year earlier, and a profit of ₹31.0 crore, up 6.9% from ₹29.0 crore.

Carraro India results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Carraro India's management discussed these results on a call held on 7 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Carraro India closed at ₹492.80 on 4 November 2026, down 2.5% from ₹505.55 a year earlier (7 November 2025). Its highest weekly close since January 2025 was ₹662.10 on 3 January 2025.

Carraro India share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

103 weekly closes from 3 January 2025 to 4 November 2026.

4 Nov 2026: Carraro India closed at ₹492.80, up 3.0% on the week and down 4.9% on the month. 3 Sep 2026: ex-date for a dividend of ₹6.75 a share.

Earlier

• 7 Aug 2026: Carraro India held its results call for April to June 2026. Management guided: FY30 revenue aspiration of ₹3,500-4,000 crore.
• Results for April to June 2026: Revenue up 10.5% and profit up 6.9% on a year earlier.

Carraro India paid ₹6.75 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 1.37% at the ₹492.80 close on 4 November 2026. The last was a dividend of ₹6.75 a share, ex-date 3 September 2026.

Carraro India dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Carraro India Ltd paid out 29% of its profit as dividends in FY26, and it paid a dividend in 4 of its last 5 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 7 August 2026, Carraro India's management guided: FY30 revenue aspiration of ₹3,500-4,000 crore.

“If we achieve that, we will certainly be able to increase our overall EBITDA versus last year, probably by half a percentage point. I would say that is realistic, but we will certainly try to do more than that.”Davide Grossi, CFO, on the call for April to June 2026

What management guided

• FY27 top-line growth of 10-12% if external conditions stabilize.
• FY27 operating profit improvement of approximately 0.5 percentage point versus last year if pricing gaps close.
• All commodity and conversion-cost increases planned for full recovery over the financial year; temporary quarterly margin gaps may persist.
• Export volumes expected to return toward FY25-FY26 levels from Q2.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 7 August 2026.

One change in Carraro India's own numbers looks lasting: a bigger market to serve. Also showing up, but too early to call lasting: debt falling.

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Checked against results and calls up to April to June 2026, 10 October 2026.

Two consecutive quarters of revenue growth below the latest quarter’s year-on-year pace together with operating margin remaining below the normalized level would show that domestic demand and price recovery are not offsetting export and cost disruption.

Each change stops working if

• Domestic agriculture and four-wheel-drive demand: Domestic agriculture revenue declines year-on-year for two consecutive quarters or four-wheel-drive capacity remains constrained despite customer demand.
• Price recovery and operating leverage: Operating margin remains below the normalized margin reference for two more quarters despite revenue growth.
• Capacity expansion and localization: Localization does not improve and capacity commissioning slips while imports remain necessary for routine supply.
• Higher-horsepower and engineering programmes: The Turkish programme misses its expected start and the Indian programme does not advance toward production.

The main risks

• Margin recovery is delayed: Latest operating margin is below normalized margin while management says price settlements and supplier-cost recovery remain unresolved. ⚠ estimate
• Export and logistics disruption: Export recovery is expected but management says container, vessel and regional-demand disruption remain unresolved. ✓ fact
• Reported profit contains a non-operating lift: The latest-quarter profit includes a flagged other-income contribution, so reported profit is not a clean operating-margin signal. ✓ fact
• Working-capital absorption: Cash conversion remains above profit over the three-year window, but working-capital days expanded because payable days shortened. ✓ fact

Our read after the latest results, written 22 August 2026.

When Carraro India reports July to September 2026, these are the 6 checks that show whether the story is still on course. First: Domestic farm revenue keeps growing above 20% from a year earlier while operating margin climbs back above 9.5% (it was 8.07% in June 2026).

Carraro India is not on any of our India lists this week.

Carraro India Ltd earned ₹31.0 Cr of net profit in the Jun 2026 quarter, +6.9% on the same quarter a year earlier. That is the 6th quarter in a row of profit growth. Full-year FY26 profit was ₹131 Cr. Over 4 years profit has grown 56.2% a year on average. That is 5.7% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹29.0 Cr.

For the full year, FY26 profit was ₹131 Cr (+48.9% on the year before).

Why profit moved: revenue changed +10.5% on a year earlier and the margin moved −2.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +53.5% and revenue +26.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

FY26-Q4. revenue ₹607 Cr and profit ₹42 Cr as reported.

FY27-Q1. revenue ₹545 Cr and profit ₹31 Cr as reported.

Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters.

Carraro India Ltd reported ₹545 Cr of revenue in the Jun 2026 quarter, +10.5% on the same quarter a year earlier. That is the 7th quarter in a row with growth on the year before. Over 4 years it has grown 10.8% a year on average. The last full year, FY26, came in at ₹2,255 Cr.

Revenue is everything the company billed its customers in the period.

Why this happened. Capacity additions and local sourcing provide the operating infrastructure for domestic demand and future programmes. Localization is currently below the stated destination, so execution must be demonstrated through supplier consistency rather than assumed margin uplift.

The last four reported quarters add to ₹2,308 Cr.

FY26 revenue was ₹2,255 Cr, +24.7% on the year before.

Recent pace: the last four quarters grew +26.8% on average, against 10.8% a year over the longer run, so this year is growing faster than its own long-run rate.

FY26-Q4. revenue ₹607 Cr and profit ₹42 Cr as reported.

FY27-Q1. revenue ₹545 Cr and profit ₹31 Cr as reported.

Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters.

Carraro India Ltd's operating margin was 8.0% in the Jun 2026 quarter, 2.0 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 4.0% and 10.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why this happened. Domestic agriculture demand is the principal offset to export disruption. Management says four-wheel-drive acceptance has moved beyond initial adoption, while supply-chain capacity is the constraint on ramping output. This follows the Expansion Phase Twin Engines model: domestic volume and new programmes can compound together, but the driver requires capacity and customer demand to continue matching.

Why the margin moved: operating margin changed −1.6 percentage points on the year while gross margin changed −1.5 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead.

FY26-Q4. revenue ₹607 Cr and profit ₹42 Cr as reported.

FY27-Q1. revenue ₹545 Cr and profit ₹31 Cr as reported.

Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters.

Over the last 3 years, 115% of Carraro India Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹135 Cr of operating cash against ₹131 Cr of profit. After ₹42.0 Cr of spending on assets, ₹93.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 115% of profit came in as cash: the cash cycle got 38 days longer between FY22 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Carraro India Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 38 days in FY26, up from 0 days in FY22. It spent ₹194 Cr on assets over the last 3 years. Customers take 61 days to pay, and stock sits for 70 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹2,255 Cr, each day of that cycle ties up about ₹6.2 Cr, so roughly ₹235 Cr is tied up in the business at any time.

FY26: customers took 61 days to pay and stock sat for 70 days, about 2.3 months of sales sitting as stock, for a full cycle of 38 days, longer than FY22's 0.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 70 days. Customers pay about 61 days after that. Suppliers are paid at 93 days. Together that makes the 38-day cycle.

Spending on assets: ₹194 Cr over the last 3 years, against ₹134 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

Carraro India Ltd's P/E is 20.1×, about the lowest it has ever been. Its usual P/E (the middle reading) is 29.6×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹23.37.

Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks.

Why the multiple is where it is: over the past year earnings per share moved +48.2% while the price moved −2.5%. Earnings did better than the price, which pulled the multiple down within its own range.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Worked out from its price on 11 October 2026, Carraro India Ltd's share price assumed profit growth of about 12.0% a year. Over the past 4 years its profit actually grew 56.2% a year. Today its P/E is 20.1×, lower than 99% of its own last 1 year.

This works the share price backwards. It asks one question: what yearly profit growth does the price already assume? The answer is the growth rate at which eleven years of profit (six years of growth, then five years of slowing) add up to that day's market value, after each year is discounted at 11%.

This is a one-day reading, taken on 11 October 2026. Every other number on this page, the multiple included, uses the latest price as of 4 November 2026. A higher price assumes more growth and a lower price less, so it changes whenever the price changes, and this page does not update it between measurements.

Carraro India Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 8 quarters of 1 measure, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Carraro India Ltd's story is not scored yet against the checks our research set on 22 August 2026. Where it sits in its own cycle: EARNINGS DRIVEN COMPRESSION. Checks so far: 4 not due yet.

NOT YET CHECKED 4 not due yet · first check at the next results

From the price. Price stage 4, week 1, below its 200-day line, relative strength falling.

Where they disagree. strong OPPORTUNITY.

What is not proven yet. Two consecutive quarters of revenue growth below the latest quarter’s year-on-year pace together with operating margin remaining below the normalized level would show that domestic demand and price recovery are not offsetting export and cost disruption.

What would change our mind. Two consecutive quarters of revenue growth below the latest quarter’s year-on-year pace together with operating margin remaining below the normalized level would show that domestic demand and price recovery are not offsetting export and cost disruption.

The test written in advance. Two consecutive quarters of revenue growth below the latest quarter’s year-on-year pace together with operating margin remaining below the normalized level would show that domestic demand and price recovery are not offsetting export and cost disruption. Measured by: the thesis as written as stated by the next result.

The test written in advance. Margin recovery is delayed. Measured by: Margin recovery is delayed Operating margin at or below the latest-quarter level for two consecutive quarters. by the next result.

The test written in advance. Export and logistics disruption. Measured by: Export and logistics disruption Export volumes do not improve in the next reported quarter despite management’s stated recovery path. by the next result.

What the company does. The latest quarter delivered revenue growth while reported profit grew more slowly and operating margin fell below the normalized level; a customs-related item also lifted reported profit. Domestic agriculture and construction demand remained supportive, while export logistics, supplier disruption and delayed price recovery constrained the near-term read.

The key numbers to watch, and the level that would change the picture

Everything further down this page is evidence for or against these.

What the surface reading misses. The surface reading is: Positive revenue and profit growth suggests uninterrupted earnings acceleration. The research reads it further: Operating profit margin fell while reported profit included a flagged non-operating contribution, so the profit growth does not establish a clean margin recovery.

• 1 · Operating leveragebuilding
• 2 · Value-added mixbuilding
• 3 · Management changequiet
• 4 · Paying down debtquiet
• 5 · Regulatory approvalquiet
• 6 · Order-book winsbuilding
• 7 · Consolidationquiet
• 8 · Demerger or value unlockquiet
• 9 · Buybackquiet
• 10 · New geographiesbuilding
• 11 · More business from existing customersquiet
• 12 · New product launchquiet
• 13 · Mandatory normsquiet
• 14 · A bigger market to servequiet
• 15 · Market-share gainsquiet
• 16 · Asset qualityquiet

Lever 2 · Value-added mix: building. Domestic agriculture revenue expanded in the latest quarter, and management attributes demand to mechanization and new programmes. What proves it keeps working: Domestic agriculture and four-wheel-drive demand. It stops working if Domestic agriculture revenue declines year-on-year for two consecutive quarters or four-wheel-drive capacity remains constrained despite customer demand.

Lever 1 · Operating leverage: building. Management goals recovery of commodity and conversion costs, with volume leverage intended to restore profitability. What proves it keeps working: Price recovery and operating leverage. It stops working if Operating margin remains below the normalized margin reference for two more quarters despite revenue growth.

Lever 10 · New geographies: building. Higher-horsepower customer programmes and engineering assignments create a later-stage revenue option beyond the current domestic cycle. What proves it keeps working: Higher-horsepower and engineering programmes. It stops working if The Turkish programme misses its expected start and the Indian programme does not advance toward production.

Sources: our stock research file (22 August 2026) · quarterly results through Jun 2026 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes.

The whole page in one table. Each row links to its section.

What Carraro India Ltd's management promised, against what actually happened: 4 promises on the record. Read straight from the company’s own earnings calls. A promise that slipped stays on this page after it is met.

FY27 Revenue Outlook Rebounded Without Reconciliation · 7 August 2026. In May 2026, management indicated that FY27 revenue growth could fall to 4%-8% under the then-current conditions and said the eventual outcome was uncertain. In Aug 2026, management moved to at least 10%-12% growth, conditional on stabilization, despite continuing to describe geopolitical and export headwinds. The conditional recovery explanation does not fully reconcile this material reset from the prior downside scenario.

FY27 EBITDA Improvement Expectation Reduced · 7 August 2026. In February 2026, management stood by a 100-basis-point year-on-year EBITDA margin improvement commitment, while the latest call described only a half-percentage-point improvement versus the prior year as realistic. Management cited price recovery, inflation, and other moving parts as risks, but did not explicitly reconcile the lower quantified expectation with its earlier commitment.

China Export Exposure Is Materially Unreconciled · 7 August 2026. In May 2026, management estimated China at approximately 8%-10% of export turnover, whereas in Aug 2026 it characterized China as less than 1% of Carraro India revenue with no significant regular orders. The differing denominators and management's prior warning that shipment geography can be misleading may explain part of the gap, but management did not reconcile the materially different descriptions of China exposure.

Growth Guidance Diluted · 27 May 2026. In the Feb 2026 call, management projected strong FY27 growth, confidently narrowing their 8% to 12% guidance range to a planned 10% to 12%. However, in the May 2026 call, they walked back this projection, cautioning that a volatile macroeconomic environment could reduce FY27 growth to a range of 4% to 8%.

Every quote above is taken word for word from the company’s own earnings calls.

Management delivered through FY26, kept promoters steady through the available listed history and allocated cash to capital spending and lower debt, but recent guidance changes stop a strong grade.

Regulatory and governance record

The fresh enforcement search found no Carraro-specific SEBI, CBI or ED action.

Checked 30 August 2026.

Carraro India Ltd earned a ROCE of 29% in FY26. That is up from a low of 17% in FY23. Its return on capital used (ROIC) is 8.2 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 5.8% net margin and 1.78× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 5.8% net margin × 1.78× asset turnover × 2.25× leverage (assets divided by equity) ≈ 23.2% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 20.2% − 12.0% = +8.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value.

The 20.2% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 22.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

Carraro India Ltd has total debt of ₹155 Cr against shareholder equity of ₹565 Cr as of Jun 2026, so its debt is 0.27× its equity, which is very little. Year by year, that ratio went from 0.58 in FY24 to 0.27 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

Domestic institutions cut their stake in Carraro India Ltd by 2.2 percentage points over 7 quarters, the biggest change among its owners. Domestic institutions now own 15.3% of the company. Foreign institutions moved −1.9 points over the same period, to 1.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: −2.2 points over 7 quarters, to 15.3%; Foreign institutions: −1.9 points over 7 quarters, to 1.6%; Promoters: +0.0 points over 7 quarters, to 68.8%.

Why the owners changed: domestic institutions drove it (−2.2 points), together with foreign institutions (−1.9 points). They reduced their stake.

For Carraro India Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

60.2 out of 100, rank 6 of 21 in Auto Ancillaries - Diversified, with 89% of the evidence available.

Carraro India Ltd scores 60.2 out of 100 against the 21 companies it is compared with in Auto Ancillaries - Diversified, ranking 6. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 22.6 + 18.1 + 15.6 + 3.9 = 60.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Carraro India ranks 6 of 21 Auto Ancillaries - Diversified companies on the 4-Factor Sector Score, with 60.2 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Auto Ancillaries - Diversified, all 21 compared on one page.

Carraro India is the 14th largest of 21 Auto Ancillaries - Diversified companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: S J S Enterprises, Suprajit Engineering and Sharda Motor Industries. Just below it: OBSC Perfection, NDR Auto Components and Jay Bharat Maruti.

Auto Ancillaries - Diversified companies close in size

11. S J S Enterprises Ltd ₹6,694 crore
12. Suprajit Engineering Ltd ₹6,502 crore
13. Sharda Motor Industries Ltd ₹4,640 crore
14. Carraro India Ltd ₹2,721 crore
15. OBSC Perfection Ltd ₹2,115 crore
16. NDR Auto Components Ltd ₹1,535 crore
17. Jay Bharat Maruti Ltd ₹1,244 crore

All 21 Auto Ancillaries - Diversified companies, largest first

Companies close in size in other industries

1086. Carysil Ltd ₹2,735 crore · Building Material USA
1087. Panama Petrochem Ltd ₹2,726 crore · Speciality Chemicals
1088. Carraro India Ltd ₹2,721 crore
1089. Ashoka Buildcon Ltd ₹2,706 crore · Construction & Contracting
1090. Ashika Global Securities Ltd. ₹2,690 crore

Our Carraro India Ltd research of 22 August 2026 set 4 checks, and every results season scores each one. No results season has been scored against them yet. A row is permanent: a miss stays on the record after it is fixed.

The checks we set once and score every results season

A row is permanent: a miss stays on the record even after it is later fixed.

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.