Karooooo Ltd. share price today
Karooooo Ltd. · KARO · Technology · Software - Application · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists
Karooooo Ltd. share price: $65.07 at the close on 4 November 2026, +50.0% in a year.
Karooooo Ltd.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.
Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.
The price has been between phases. Over the last four quarters, results have been improving, with profit +17.7% on a year earlier, and 183% of the last 3 years' profit came in as cash. What will decide it: the next one or two quarters of results.
What is the Karooooo Ltd. share price today?
Karooooo Ltd.'s share price was $65.07 at the close on 4 November 2026. That is 18.8% above its average price over the last 200 trading days. In the last 52 weeks it traded between $43 and $67, and at that close it sat 91% 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). The phase helps read everything below.
Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 2 weeks in a row.
Nov 2026: $65.1, 18.8% above its 200-day average.
- Price ₹65.1
- 50-day avg ₹64
- 200-day avg ₹55
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 11 Jul 2025 | ₹49 | – | – |
| 18 Jul 2025 | ₹50 | – | – |
| 25 Jul 2025 | ₹48 | – | – |
| 1 Aug 2025 | ₹45 | – | – |
| 8 Aug 2025 | ₹47 | – | – |
| 15 Aug 2025 | ₹47 | – | – |
| 22 Aug 2025 | ₹51 | – | – |
| 29 Aug 2025 | ₹53 | – | – |
| 5 Sep 2025 | ₹53 | – | – |
| 12 Sep 2025 | ₹55 | – | – |
| 19 Sep 2025 | ₹57 | ₹50 | – |
| 26 Sep 2025 | ₹57 | ₹51 | – |
| 3 Oct 2025 | ₹57 | ₹52 | – |
| 10 Oct 2025 | ₹52 | ₹52 | – |
| 17 Oct 2025 | ₹45 | ₹53 | – |
| 24 Oct 2025 | ₹46 | ₹52 | – |
| 31 Oct 2025 | ₹45 | ₹52 | – |
| 7 Nov 2025 | ₹43 | ₹51 | – |
| 14 Nov 2025 | ₹45 | ₹51 | – |
| 21 Nov 2025 | ₹43 | ₹50 | – |
| 28 Nov 2025 | ₹45 | ₹49 | – |
| 5 Dec 2025 | ₹47 | ₹48 | – |
| 12 Dec 2025 | ₹47 | ₹47 | – |
| 19 Dec 2025 | ₹47 | ₹46 | – |
| 26 Dec 2025 | ₹47 | ₹45 | – |
| 2 Jan 2026 | ₹45 | ₹45 | – |
| 9 Jan 2026 | ₹46 | ₹45 | – |
| 16 Jan 2026 | ₹47 | ₹46 | – |
| 23 Jan 2026 | ₹50 | ₹46 | – |
| 30 Jan 2026 | ₹50 | ₹46 | – |
| 6 Feb 2026 | ₹50 | ₹47 | – |
| 13 Feb 2026 | ₹49 | ₹47 | – |
| 20 Feb 2026 | ₹46 | ₹47 | – |
| 27 Feb 2026 | ₹47 | ₹47 | – |
| 6 Mar 2026 | ₹47 | ₹47 | – |
| 13 Mar 2026 | ₹47 | ₹47 | – |
| 20 Mar 2026 | ₹46 | ₹47 | – |
| 27 Mar 2026 | ₹48 | ₹48 | – |
| 2 Apr 2026 | ₹50 | ₹48 | – |
| 10 Apr 2026 | ₹51 | ₹48 | – |
| 17 Apr 2026 | ₹53 | ₹48 | – |
| 24 Apr 2026 | ₹50 | ₹48 | ₹49 |
| 1 May 2026 | ₹50 | ₹49 | ₹49 |
| 8 May 2026 | ₹50 | ₹49 | ₹49 |
| 15 May 2026 | ₹46 | ₹49 | ₹49 |
| 22 May 2026 | ₹48 | ₹49 | ₹49 |
| 29 May 2026 | ₹48 | ₹49 | ₹49 |
| 5 Jun 2026 | ₹47 | ₹49 | ₹49 |
| 12 Jun 2026 | ₹47 | ₹49 | ₹49 |
| 18 Jun 2026 | ₹47 | ₹49 | ₹48 |
| 26 Jun 2026 | ₹50 | ₹49 | ₹48 |
| 2 Jul 2026 | ₹54 | ₹48 | ₹48 |
| 10 Jul 2026 | ₹58 | ₹49 | ₹48 |
| 17 Jul 2026 | ₹63 | ₹50 | ₹48 |
| 24 Jul 2026 | ₹63 | ₹52 | ₹49 |
| 31 Jul 2026 | ₹64 | ₹53 | ₹49 |
| 7 Aug 2026 | ₹65 | ₹55 | ₹49 |
| 14 Aug 2026 | ₹62 | ₹57 | ₹50 |
| 21 Aug 2026 | ₹64 | ₹58 | ₹50 |
| 28 Aug 2026 | ₹67 | ₹60 | ₹51 |
| 4 Sep 2026 | ₹66 | ₹62 | ₹51 |
| 11 Sep 2026 | ₹65 | ₹63 | ₹52 |
| 18 Sep 2026 | ₹67 | ₹64 | ₹52 |
| 25 Sep 2026 | ₹62 | ₹64 | ₹53 |
| 2 Oct 2026 | ₹60 | ₹64 | ₹53 |
| 9 Oct 2026 | ₹61 | ₹64 | ₹53 |
| 16 Oct 2026 | ₹60 | ₹64 | ₹54 |
| 23 Oct 2026 | ₹64 | ₹63 | ₹54 |
| 30 Oct 2026 | ₹66 | ₹64 | ₹55 |
| 4 Nov 2026 | ₹65 | ₹64 | ₹55 |
Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Ahead in 31 of 57 weeks
| Week | 13-week return vs S&P 500 |
|---|---|
| 11 Jul 2025 | no S&P 500 reading |
| 18 Jul 2025 | no S&P 500 reading |
| 25 Jul 2025 | no S&P 500 reading |
| 1 Aug 2025 | no S&P 500 reading |
| 8 Aug 2025 | no S&P 500 reading |
| 15 Aug 2025 | no S&P 500 reading |
| 22 Aug 2025 | no S&P 500 reading |
| 29 Aug 2025 | no S&P 500 reading |
| 5 Sep 2025 | no S&P 500 reading |
| 12 Sep 2025 | no S&P 500 reading |
| 19 Sep 2025 | no S&P 500 reading |
| 26 Sep 2025 | no S&P 500 reading |
| 3 Oct 2025 | no S&P 500 reading |
| 10 Oct 2025 | +0.4% |
| 17 Oct 2025 | −16.4% |
| 24 Oct 2025 | −9.5% |
| 31 Oct 2025 | −10.5% |
| 7 Nov 2025 | −12.8% |
| 14 Nov 2025 | −8.9% |
| 21 Nov 2025 | −18.4% |
| 28 Nov 2025 | −20.4% |
| 5 Dec 2025 | −17.0% |
| 12 Dec 2025 | −18.7% |
| 19 Dec 2025 | −19.8% |
| 26 Dec 2025 | −20.7% |
| 2 Jan 2026 | −23.3% |
| 9 Jan 2026 | −17.8% |
| 16 Jan 2026 | +0.4% |
| 23 Jan 2026 | +5.7% |
| 30 Jan 2026 | +10.8% |
| 6 Feb 2026 | +12.3% |
| 13 Feb 2026 | +6.4% |
| 20 Feb 2026 | +1.9% |
| 27 Feb 2026 | +4.5% |
| 6 Mar 2026 | +0.6% |
| 13 Mar 2026 | +4.3% |
| 20 Mar 2026 | +2.1% |
| 27 Mar 2026 | +8.5% |
| 2 Apr 2026 | +15.2% |
| 10 Apr 2026 | +13.4% |
| 17 Apr 2026 | +11.3% |
| 24 Apr 2026 | −3.3% |
| 1 May 2026 | −3.4% |
| 8 May 2026 | −6.4% |
| 15 May 2026 | −13.6% |
| 22 May 2026 | −3.6% |
| 29 May 2026 | −9.3% |
| 5 Jun 2026 | −8.4% |
| 12 Jun 2026 | −11.9% |
| 18 Jun 2026 | −11.6% |
| 26 Jun 2026 | −9.9% |
| 2 Jul 2026 | −5.1% |
| 10 Jul 2026 | +2.6% |
| 17 Jul 2026 | +12.8% |
| 24 Jul 2026 | +23.2% |
| 31 Jul 2026 | +23.8% |
| 7 Aug 2026 | +24.3% |
| 14 Aug 2026 | +30.2% |
| 21 Aug 2026 | +31.7% |
| 28 Aug 2026 | +39.2% |
| 4 Sep 2026 | +34.5% |
| 11 Sep 2026 | +34.0% |
| 18 Sep 2026 | +38.9% |
| 25 Sep 2026 | +17.5% |
| 2 Oct 2026 | +8.0% |
| 9 Oct 2026 | +2.7% |
| 16 Oct 2026 | −6.4% |
| 23 Oct 2026 | −1.7% |
| 30 Oct 2026 | +1.1% |
| 4 Nov 2026 | +1.2% |
Over the last 1 year the share price moved +33% while the S&P 500 moved +23%, so it is ahead of 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.
What dividend does Karooooo Ltd. pay?
Karooooo Ltd. declared ₹24.31 per local share for May 2026, and ₹67.30 over the last four reported quarters. It reports in its home currency, and one US-listed share can stand for several local shares, so we do not set this against the dollar price or show a yield.
Which stock lists is Karooooo Ltd. on?
Karooooo Ltd. is on one of our US lists: US tech stocks.
Is Karooooo Ltd. profitable?
Karooooo Ltd. earned ₹0.3 B of net profit in the Aug 2026 quarter, +17.7% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹1.0 B. Over 4 years profit has grown 21.9% a year on average. That is 17.5% 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 ₹0.2 B.
For the full year, FY26 profit was ₹1.0 B (+7.9% on the year before).
FY26 profit ₹1.0 B (+7.9% on the year before), 21.9% a year over 4 years
- Growth on a year earlier 7.9%
| Quarter | Growth on a year earlier |
|---|---|
| FY22 | – |
| FY23 | 32.7% |
| FY24 | 23.6% |
| FY25 | 24.8% |
| FY26 | 7.9% |
Aug 2026: ₹0.3 B (+17.7% on a year earlier), the 2nd quarter in a row of growth
- Growth on a year earlier 17.7%
| Quarter | Growth on a year earlier |
|---|---|
| Nov 2023 | 34.9% |
| Feb 2024 | 44.8% |
| May 2024 | 40.7% |
| Aug 2024 | 21.8% |
| Nov 2024 | 20.8% |
| Feb 2025 | 19% |
| May 2025 | 19.2% |
| Aug 2025 | 15.1% |
| Nov 2025 | 11.3% |
| Feb 2026 | −11.4% |
| May 2026 | 11.4% |
| Aug 2026 | 17.7% |
Why profit moved: revenue changed +22.0% on a year earlier and the margin moved −0.8 percentage points. Sales did the work, and the margin was about flat.
On average over the last four quarters, profit changed +7.3% and revenue +21.2%. Profit is growing slower than sales: rising costs are taking part of the growth.
This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted.
How much revenue does Karooooo Ltd. make, and is it growing?
Karooooo Ltd. reported ₹1.6 B of revenue in the Aug 2026 quarter, +22.0% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 18.8% a year on average. The last full year, FY26, came in at ₹5.5 B.
Revenue is everything the company billed its customers in the period.
The last four reported quarters add to ₹6.1 B.
FY26 revenue was ₹5.5 B, +20.0% on the year before.
FY26 revenue ₹5.5 B (+20.0% on the year before), 18.8% a year over 4 years
- Growth on a year earlier 20.0%
| Quarter | Growth on a year earlier |
|---|---|
| FY22 | – |
| FY23 | 27.7% |
| FY24 | 19.9% |
| FY25 | 8.6% |
| FY26 | 20% |
Aug 2026: ₹1.6 B (+22.0% on a year earlier), the 12th quarter in a row of growth
- Growth on a year earlier 22.0%
| Quarter | Growth on a year earlier |
|---|---|
| Nov 2023 | 16.1% |
| Feb 2024 | 18.8% |
| May 2024 | 8.5% |
| Aug 2024 | 6.4% |
| Nov 2024 | 7.3% |
| Feb 2025 | 12.1% |
| May 2025 | 18% |
| Aug 2025 | 21.4% |
| Nov 2025 | 21.6% |
| Feb 2026 | 18.8% |
| May 2026 | 22.5% |
| Aug 2026 | 22% |
Recent pace: the last four quarters grew +21.2% on average, against 18.8% a year over the longer run, so this year is growing faster than its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew +21.3%, against +18.0% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +7.2%, against +12.7% a year (rolling over).
This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted.
How much of its sales does Karooooo Ltd. keep?
Karooooo Ltd.'s operating margin was 25.7% in the Aug 2026 quarter, 0.8 percentage points lower than the same quarter a year ago. Across 5 years it has been between 24.8% and 28.7%. 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 the margin moved: operating margin changed −0.8 percentage points on the year while gross margin changed −2.4 points. So the drop came mostly from the gross margin, which means input costs and prices charged.
FY26: 25.8%, within a range of 24.8% to 28.7% over 5 years
- Operating margin 25.8%
| Quarter | Operating margin |
|---|---|
| FY22 | 26% |
| FY23 | 25% |
| FY24 | 24.8% |
| FY25 | 28.7% |
| FY26 | 25.8% |
Change on the year before (points)
- Change on the year before (points) −2.9 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY22 | – |
| FY23 | −1.0 pts |
| FY24 | −0.2 pts |
| FY25 | +3.9 pts |
| FY26 | −2.9 pts |
Aug 2026: operating margin 25.7% (−0.8 points on a year earlier)
- Operating margin 25.7%
| Quarter | Operating margin |
|---|---|
| Nov 2023 | 25.4% |
| Feb 2024 | 27.1% |
| May 2024 | 27.7% |
| Aug 2024 | 27.3% |
| Nov 2024 | 28% |
| Feb 2025 | 31.6% |
| May 2025 | 27.5% |
| Aug 2025 | 26.5% |
| Nov 2025 | 26.2% |
| Feb 2026 | 23.1% |
| May 2026 | 26.2% |
| Aug 2026 | 25.7% |
Change on a year earlier (points)
- Change on a year earlier (points) −0.8 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Nov 2023 | +2.9 pts |
| Feb 2024 | +1.8 pts |
| May 2024 | +5.3 pts |
| Aug 2024 | +3.5 pts |
| Nov 2024 | +2.6 pts |
| Feb 2025 | +4.5 pts |
| May 2025 | −0.2 pts |
| Aug 2025 | −0.8 pts |
| Nov 2025 | −1.8 pts |
| Feb 2026 | −8.5 pts |
| May 2026 | −1.3 pts |
| Aug 2026 | −0.8 pts |
Is Karooooo Ltd.'s profit turning into cash?
Over the last 3 years, 183% of Karooooo Ltd.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹2.0 B of operating cash against ₹1.0 B of profit. After ₹1.2 B of spending on assets, ₹0.8 B 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.
Aug 2026: operating cash ₹0.6 B = 195% of the quarter's profit
- Operating cash as % of profit 195%
| Quarter | Operating cash as % of profit |
|---|---|
| Nov 2023 | 226% |
| Feb 2024 | −63% |
| May 2024 | 377% |
| Aug 2024 | 186% |
| Nov 2024 | 186% |
| Feb 2025 | 104% |
| May 2025 | 243% |
| Aug 2025 | 110% |
| Nov 2025 | 211% |
| Feb 2026 | 226% |
| May 2026 | 183% |
| Aug 2026 | 195% |
Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.
What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.
This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted.
Where does Karooooo Ltd.'s cash go?
Karooooo Ltd. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent ₹3.0 B on assets over the last 3 years. Averaged over those years that is 18.3% of FY26 revenue a year.
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.
Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.
Spending on assets: ₹3.0 B over the last 3 years.
In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.
This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted.
What is Karooooo Ltd.'s P/E ratio, and how does it compare with its own history?
Karooooo Ltd.'s P/E is 30.4×, with too little history to compare. 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.
PEG 1.49 at the Aug 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
- PEG 1.49×
- PEG = 1.0 1.00×
| Quarter | PEG | PEG = 1.0 |
|---|---|---|
| Aug 2021 | 1.24× | 1.00× |
| Nov 2021 | 1.19× | 1.00× |
| Feb 2022 | 1.19× | 1.00× |
| May 2022 | 1.19× | 1.00× |
| Aug 2022 | 1.19× | 1.00× |
| Nov 2022 | 1.19× | 1.00× |
| Feb 2023 | 1.19× | 1.00× |
| May 2023 | 1.19× | 1.00× |
| Aug 2023 | 1.19× | 1.00× |
| Nov 2023 | 1.19× | 1.00× |
| Feb 2024 | 1.19× | 1.00× |
| May 2024 | 1.19× | 1.00× |
| Aug 2024 | 1.19× | 1.00× |
| Nov 2024 | 1.19× | 1.00× |
| Feb 2025 | 1.19× | 1.00× |
| May 2025 | 1.19× | 1.00× |
| Aug 2025 | 1.19× | 1.00× |
| Nov 2025 | 1.96× | 1.00× |
| Feb 2026 | 1.96× | 1.00× |
| May 2026 | 1.28× | 1.00× |
| Aug 2026 | 1.49× | 1.00× |
In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.
Is the Karooooo Ltd. business getting better or worse?
Karooooo Ltd.'s business is growing steadily. Revenue and profit growth have stayed positive throughout, and ROCE is steady at 41.5%. This is based on 12 quarters of 3 measures, 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.
Growth year by year: revenue +20.0% in FY26, profit +7.9%
- Revenue growth 20.0%
| Quarter | Revenue growth |
|---|---|
| FY22 | – |
| FY23 | 27.7% |
| FY24 | 19.9% |
| FY25 | 8.6% |
| FY26 | 20% |
Profit growth, EPS growth
- Profit growth 7.9%
| Quarter | Profit growth |
|---|---|
| FY22 | – |
| FY23 | 32.7% |
| FY24 | 23.6% |
| FY25 | 24.8% |
| FY26 | 7.9% |
Three growth lines over twelve quarters: revenue accelerating, profit rolling over
- Revenue 21.3%
| Quarter | Revenue |
|---|---|
| Nov 2023 | 21% |
| Feb 2024 | 19.9% |
| May 2024 | 15.9% |
| Aug 2024 | 12.2% |
| Nov 2024 | 10% |
| Feb 2025 | 8.6% |
| May 2025 | 11% |
| Aug 2025 | 14.8% |
| Nov 2025 | 18.3% |
| Feb 2026 | 20% |
| May 2026 | 21.1% |
| Aug 2026 | 21.3% |
Profit
- Profit 7.2%
| Quarter | Profit |
|---|---|
| Nov 2023 | 22.8% |
| Feb 2024 | 23.6% |
| May 2024 | 33.5% |
| Aug 2024 | 35% |
| Nov 2024 | 30.9% |
| Feb 2025 | 24.8% |
| May 2025 | 20.1% |
| Aug 2025 | 18.5% |
| Nov 2025 | 16% |
| Feb 2026 | 7.9% |
| May 2026 | 6.3% |
| Aug 2026 | 7.2% |
ROCE: the return line, worked out each quarter
- ROCE 41.5%
| Quarter | ROCE |
|---|---|
| Nov 2023 | 33.6% |
| Feb 2024 | 32.9% |
| May 2024 | 35.6% |
| Aug 2024 | 37.8% |
| Nov 2024 | 36.5% |
| Feb 2025 | 37.5% |
| May 2025 | 36.8% |
| Aug 2025 | 41.6% |
| Nov 2025 | 40.2% |
| Feb 2026 | 36.4% |
| May 2026 | 35.3% |
| Aug 2026 | 41.5% |
Why it matters: steady growth with healthy returns is how a business compounds over time.
This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | +20.0% | +16.0% | — | — |
| Profit | +7.9% | +18.5% | — | — |
| Stock price | +50.0% | — | — | — |
How much does Karooooo Ltd. earn on its capital?
Karooooo Ltd. earned a ROE of 30% in FY26. That is up from a low of 21% in FY22. Its return on capital used (ROIC) is left out: on sales this small it reads 34%, a number that says nothing useful about the business. It comes from a 18.1% net margin and 0.95× asset turnover (sales divided by assets).
Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.
Why the return is what it is (FY26): a 18.1% net margin × 0.95× asset turnover × 1.74× leverage (assets divided by equity) ≈ 29.9% on equity. The margin does most of the work; borrowing is a big part of it.
FY26: ROE 30%, the climb back from FY22's 21%
- ROE 29.9%
- Cost of capital 8.5%
| Quarter | ROE | Cost of capital |
|---|---|---|
| FY22 | 20.7% | 8.5% |
| FY23 | 22.2% | 8.5% |
| FY24 | 24.6% | 8.5% |
| FY25 | 28.4% | 8.5% |
| FY26 | 29.9% | 8.5% |
Aug 2026: ROE 34.4% (last 12 months)
- ROE (12 months) 34.4%
| Quarter | ROE (12 months) |
|---|---|
| Nov 2023 | 28.4% |
| Feb 2024 | 29.9% |
| May 2024 | 29.7% |
| Aug 2024 | 29.3% |
| Nov 2024 | 29.4% |
| Feb 2025 | 33.9% |
| May 2025 | 32.9% |
| Aug 2025 | 31.9% |
| Nov 2025 | 30.4% |
| Feb 2026 | 34.2% |
| May 2026 | 27.5% |
| Aug 2026 | 34.4% |
Does Karooooo Ltd. have too much debt?
Karooooo Ltd. has total debt of ₹1.4 B against shareholder equity of ₹3.1 B as of Aug 2026, so its debt is 0.46× its equity. Year by year, that ratio went from 0.81 in FY21 to 0.34 in FY26. Keep that borrowing in mind when reading the returns on this page.
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.
FY26: debt ₹1.1 B, 0.34× equity
- Debt-to-equity 0.34×
| Quarter | Debt-to-equity |
|---|---|
| FY21 | 0.81× |
| FY22 | 0.10× |
| FY23 | 0.07× |
| FY24 | 0.09× |
| FY25 | 0.22× |
| FY26 | 0.34× |
Aug 2026: debt ₹1.4 B, debt-to-equity 0.46
- Debt-to-equity 0.46×
| Quarter | Debt-to-equity |
|---|---|
| Nov 2023 | 0.09× |
| Feb 2024 | 0.09× |
| May 2024 | 0.09× |
| Aug 2024 | 0.19× |
| Nov 2024 | 0.19× |
| Feb 2025 | 0.22× |
| May 2025 | 0.16× |
| Aug 2025 | 0.21× |
| Nov 2025 | 0.20× |
| Feb 2026 | 0.34× |
| May 2026 | 0.30× |
| Aug 2026 | 0.46× |
This company reports in its home currency, not US dollars, so the money charts are left out here. The figures in the text are in that currency (₹); nothing is converted.
What is the Karooooo Ltd. shareholding pattern?
2.5% of Karooooo Ltd.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 3.6 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.
There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.
It is a single reading at one point in time; we do not have its history.
Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.
How far is Karooooo Ltd. from balance-sheet trouble?
For Karooooo Ltd., the Z-score is 7.10. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.
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.
Why it matters: a Z-score of 7.10 is well clear of the danger zone, so the balance sheet is not the risk here.
How does Karooooo Ltd. rank in its industry?
There is no score against its industry: Karooooo Ltd. is not among the largest members shown in this industry comparison for Software - Application.
The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.
Which companies is Karooooo Ltd. compared with?
No sector comparison is shown here, not among the largest members shown in this industry comparison.
Which companies are close to Karooooo Ltd. in size?
Karooooo Ltd. is the 82nd largest of 142 Software - Application companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Kingsoft Cloud Holdings, ePlus inc. and Amplitude, Inc. Just below it: BlackLine, Inc., Diebold Nixdorf, Incorporated and SoundHound AI, Inc.
Software - Application companies close in size
- Kingsoft Cloud Holdings Limited $2.4 billion
- ePlus inc. $2.3 billion
- Amplitude, Inc. $2.1 billion
- Karooooo Ltd. $2 billion
- BlackLine, Inc. $2 billion
- Diebold Nixdorf, Incorporated $1.9 billion
- SoundHound AI, Inc. $1.9 billion
All 142 Software - Application companies, largest first
Companies close in size in other industries
- Compañía Cervecerías Unidas S.A. $2 billion · Beverages - Brewers
- LeMaitre Vascular, Inc. $2 billion · Medical Instruments & Supplies
- Karooooo Ltd. $2 billion
- Fortrea Holdings Inc. $2 billion · Biotechnology
- Sarepta Therapeutics, Inc. $2 billion · Biotechnology
What else do people ask about Karooooo Ltd.?
What were Karooooo Ltd. Ltd.'s latest quarterly results?
Karooooo Ltd. reported revenue of ₹1.6 B and net profit of ₹0.3 B for the Aug 2026 quarter. Revenue rose 22.0% and profit rose 17.7% compared with a year earlier. The operating margin was 25.7%, 0.8 percentage points lower than a year earlier (as of 4 November 2026).
What is Karooooo Ltd. Ltd.'s market cap?
Karooooo Ltd.'s market capitalisation is $2.0 B at a stock price of $65.07. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is Karooooo Ltd. Ltd. performing?
Karooooo Ltd.'s latest readings are below. In its latest quarter, revenue rose 22.0% and profit rose 17.7% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 2 weeks running.
This describes what the data did, not a rating (as of 4 November 2026).
Will Karooooo Ltd. Ltd.'s stock price go up?
This page does not forecast Karooooo Ltd.'s stock price. What it shows instead: the stock price is $65.07. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).
Where is Karooooo Ltd. Ltd. in its business cycle?
Karooooo Ltd.'s FY26 operating margin was 25.8%, against a 5-year range of 24.8% to 28.7%: the middle of its own range, neither a peak nor a low. The latest quarter was 25.7%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the Karooooo Ltd. Ltd. story?
Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.
On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is Karooooo Ltd. Ltd. a stock worth studying right now?
What the numbers show: Karooooo Ltd.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results.
Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Where do these numbers come from?
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.
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