Carraro India Ltd

544320

Summary

Fair Value Assessment
Undervalued (23% Discount)
Fair ValueQ568.14UncertaintyVery High
Close Price436.10May 14, 2025
Market Closed
429.95
Price Down by 6.15 | 1.41 %
Previous Close
436.10
Day Range
428.00 – 444.95
Year Range
253.00 – 691.30
Bid / Ask
Market Cap
24.4 Bil
Volume / Average
5.6 k / 17.1 k
Beta
Shares Outstanding
56.85 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
Carraro India Ltd is a technology-driven integrated supplier that develops complex engineering products and solutions for its original equipment manufacturer (OEM) customers. The company manufactures and sells axles and transmission systems for agricultural tractors and construction vehicles such as backhoe loaders, soil compactors, cranes, self-loading concrete mixers, and small motor graders. It also provides after-sale services and supplies spare parts mainly to Indian customers. The company operates in two geographical environments; India which is its key revenue-generating market, and outside India.
Contact
B2/2 MIDC Ranjangaon, Pune, MH 412220
T +91 2138662666
www.carraroindia.com opens in a new tab
Sector
Consumer Cyclical
Industry
Auto Parts
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
1,600

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
17.47 17.80 17.04 14.90
Revenue Growth %
4.46% 14.32%
Gross Profit
4.06 4.05 3.55 3.00
Gross Profit Margin %
23.25% 22.76% 20.84% 20.13%
Operating Income
1.37 1.07 0.84 0.45
Operating Margin %
7.82% 5.99% 4.91% 3.00%
EBIT
1.33 1.06 0.85 0.46
EBIT Margin %
7.63% 5.96% 4.97% 3.05%
EBITDA
1.78 1.49 1.24 0.81
EBITDA Margin %
10.17% 8.39% 7.28% 5.46%
Net Income
0.83 0.63 0.48 0.22
Net Profit Margin %
4.73% 3.52% 2.84% 1.50%
Basic EPS
14.53 11.00 8.52 3.94
Diluted EPS
14.53 11.00 8.52 3.94
Normalized EPS
Total Dividends per Share
Balance Sheet (in Bil, except ratios)
03/31/2024
03/2024
03/2023
03/2022
03/2020
Total Assets
10.73 10.73 10.72 10.12
Total Liabilities
7.03 7.03 7.35 7.20
Total Debt
2.15 2.15 1.92 1.82
Total Equity
3.70 3.70 3.38 2.93
Cash And Cash Equivalents
1.04 1.04 1.05 1.04
Working Capital
1.39 1.39 1.61 0.84
Shares Outstanding (Bil)
0.06 0.06
56.85 56.85
Book Value Per Share
Total Debt To Equity
0.58 0.58 0.57 0.62
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
1.67 1.12 0.80 0.96
Cash From Investing Activities
-0.72 -0.85 -0.62 -0.59
Cash From Financing Activities
-0.56 -0.30 -0.15 0.09
Capital Expenditures
0.80 0.86 0.63 0.60
Free Cash Flow
0.60 0.08 0.24 -0.02
Change in Cash
0.39 -0.03 0.03 0.45

Profile

There is no Key Executive Team data available.
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

Name
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Change Amount
Change %
Date
HSBC Small Cap Fund Reg Gr 2.79 0.40 1,587,136
Apr 30, 2025
Motilal Oswal Small Cap Dir Gr Not Rated 1.85 0.91 1,052,589
Apr 30, 2025
Manulife GF India Equity AA 1.09 0.46 620,000
Mar 31, 2025
Bank of India Small Cap Reg Gr 1.07 1.39 608,763
89,763
17.30%
Apr 30, 2025
HSBC India Infra Equity Mother Not Rated 1.03 0.17 583,559
583,559
––
Jan 31, 2025
Total (for Top 5) 7.83 4,452,047
673,322

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