Q4 2026 Carraro India Ltd Earnings Call Transcript

May 26, 2026 / 03:00 AM GMT

Release Date Price: ₹554.25 (-8.82%)

Transcript

Key Points

Positve

Carraro India Ltd (NSE:CARRARO) reported a 25% year-on-year growth in revenue from operations, reaching over Rs 2,255 crore.
The company's EBITDA increased by 33% year-on-year to Rs 2,475 million, with margins improving to 10.8% from 10.2% in the previous year.
Profit after tax grew by 48% year-on-year to Rs 1,306 million, indicating strong financial performance.
Exports grew by 37% year-on-year, driven by sustained momentum in construction equipment applications.
The company is investing in technology, capacity expansion, and operational efficiency improvements, with a CapEx of approximately INR417 million in FY26.

Negative

The domestic construction equipment market declined by approximately 2% year-on-year due to slower infrastructure execution and project delays.
The gear business remained relatively subdued during FY26, although efforts are being made to strengthen the business pipeline.
There is uncertainty in the macroeconomic and geopolitical environment, particularly in West Asia, which could impact production and supply.
Raw material localization is currently at 78%, with plans to increase it to 86-88% over the next 2-3 years, indicating ongoing supply chain challenges.
The company faces potential risks from commodity inflation and higher freight costs, which could impact profitability if not managed effectively.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CARD.NS - Carraro India Ltd
Q4 2026 Carraro India Ltd Earnings Call
May 27, 2026 / 03:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Ladies and Gentlemen, Good day and welcome to the Q4 FY26 Earnings Conference Call for Kara Rao India Limited. This conference call may contain forward-looking statements about the company which are based on the beliefs, opinions and expectations of the company as on the date of this call.

These statements do not guarantee the future performance of the company and it may involve risks and uncertainties that are difficult to predict.

As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing then 0 on your touchstone phone.

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.