Carraro India Ltd
Incorporated in 1997, Carraro India Ltd manufactures axles and transmission systems for agricultural tractors and construction vehicles[1]
- Market Cap ₹ 2,501 Cr.
- Current Price ₹ 440
- High / Low ₹ 692 / 253
- Stock P/E 41.5
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 18.3 %
- ROE 16.5 %
- Face Value ₹ 10.0
Pros
Cons
- Company has a low return on equity of 12.6% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
Part of BSE SmallCap BSE IPO BSE Allcap BSE Consumer Discretionary
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
993 | 1,062 | 1,500 | 1,695 | 1,770 | |
938 | 1,007 | 1,430 | 1,594 | 1,642 | |
Operating Profit | 55 | 55 | 70 | 101 | 128 |
OPM % | 6% | 5% | 5% | 6% | 7% |
10 | 3 | 3 | 20 | 17 | |
Interest | 18 | 18 | 16 | 20 | 22 |
Depreciation | 32 | 33 | 34 | 38 | 41 |
Profit before tax | 15 | 7 | 24 | 63 | 82 |
Tax % | 10% | 32% | 28% | 26% | 26% |
13 | 4 | 17 | 47 | 61 | |
EPS in Rs | 2.37 | 0.78 | 3.00 | 8.23 | 10.66 |
Dividend Payout % | 0% | 0% | 29% | 47% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 19% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 139% |
TTM: | 31% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 13% |
Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 57 | 57 | 57 | 57 | 57 | 57 |
Reserves | 222 | 226 | 243 | 289 | 328 | 377 |
231 | 152 | 178 | 188 | 213 | 210 | |
352 | 448 | 509 | 512 | 459 | 455 | |
Total Liabilities | 862 | 884 | 987 | 1,046 | 1,056 | 1,099 |
257 | 255 | 275 | 290 | 339 | 357 | |
CWIP | 0 | 3 | 10 | 21 | 12 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 24 |
605 | 626 | 702 | 735 | 706 | 718 | |
Total Assets | 862 | 884 | 987 | 1,046 | 1,056 | 1,099 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
64 | 69 | 75 | 72 | 107 | |
-46 | -34 | -59 | -64 | -84 | |
52 | -97 | 24 | -12 | -18 | |
Net Cash Flow | 69 | -62 | 41 | -4 | 5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 71 | 92 | 61 | 64 | 49 |
Inventory Days | 88 | 87 | 76 | 73 | 80 |
Days Payable | 150 | 178 | 139 | 122 | 102 |
Cash Conversion Cycle | 9 | 0 | -2 | 15 | 27 |
Working Capital Days | 34 | 25 | 19 | 29 | 30 |
ROCE % | 5% | 8% | 16% | 18% |
Documents
Announcements
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Update on board meeting
13h - Board to consider final dividend for FY 2024-25; trading window closed till 29 May 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
29 Apr - Carraro India Limited has informed about intimation of earnings conference call with analysts and investors scheduled on Wednesday, 28th May, 2025 at 08:30 a.m. (IST) …
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Board Meeting Intimation for Approval Of The Audited Financial Results (Both Standalone And Consolidated), For The Quarter And Financial Year Ended 31St March, 2025 And Closure Of Trading Window.
29 Apr - Board meeting on 27 May to approve FY25 audited financial results; trading window closed till 29 May.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
16 Apr - Closure of customs audit; Rs. 2.22 crore contingent liability reduced.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
16 Apr - Carraro India receives credit rating upgrade to IND A+ by India Ratings.
Concalls
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Feb 2025Transcript PPT
Business Overview:[1]
CIL manufactures mechanical transmissions, dutches, hydraulic lifts, planetary drives, axles for agricultural and construction equipment including components, parts and spares, etc.