CARRARO
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Forensics
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- 6M
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Summary
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Revenue Mix
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Recent events
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News
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Corporate Actions
Carraro India March-Qtr Consol Net Profit 237.2 Mln Rupees
May 27 (Reuters) - Carraro India Ltd CARD.NS:
MARCH-QUARTER CONSOL NET PROFIT 237.2 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 4.44 BILLION RUPEES
DIVIDEND 4.55 RUPEESPER SHARE
Further company coverage: CARD.NS
(([email protected];;))
May 27 (Reuters) - Carraro India Ltd CARD.NS:
MARCH-QUARTER CONSOL NET PROFIT 237.2 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 4.44 BILLION RUPEES
DIVIDEND 4.55 RUPEESPER SHARE
Further company coverage: CARD.NS
(([email protected];;))
Carraro India Says Audit Observation Closed In Favor Of Carraro India
April 16 (Reuters) - Carraro India Ltd CARD.NS:
AUDIT OBSERVATION CLOSED IN FAVOR OF CARRARO INDIA
Source text: ID:nBSE6DGJSG
Further company coverage: CARD.NS
(([email protected];;))
April 16 (Reuters) - Carraro India Ltd CARD.NS:
AUDIT OBSERVATION CLOSED IN FAVOR OF CARRARO INDIA
Source text: ID:nBSE6DGJSG
Further company coverage: CARD.NS
(([email protected];;))
India's Senores Pharma, Ventive Hospitality, Carraro India drop as lock-in periods expire
** Carraro India CARD.NS slides 8.5%; Ventive Hospitality VENE.NS drops ~5%
** Senores Pharma SENO.NS down 3% and Tolins Tyres TOLI.NS flat
** 3-months lock-in expires for VENE (2% shares), CARD (5%) and SENO (7%); and 6-month lock-in expires for TOLI (54%), per Nuvama
** Since Dec 30 listings, VENE up 10% and SENO surges ~47%, while CARD tumbled 55%
** TOLI slides 49% since Sept 16 listing
** 72 lock-ins expire from March 17 to May 30 but not all shares will be for sale given promoters' sizeable stakes -Nuvama
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Carraro India CARD.NS slides 8.5%; Ventive Hospitality VENE.NS drops ~5%
** Senores Pharma SENO.NS down 3% and Tolins Tyres TOLI.NS flat
** 3-months lock-in expires for VENE (2% shares), CARD (5%) and SENO (7%); and 6-month lock-in expires for TOLI (54%), per Nuvama
** Since Dec 30 listings, VENE up 10% and SENO surges ~47%, while CARD tumbled 55%
** TOLI slides 49% since Sept 16 listing
** 72 lock-ins expire from March 17 to May 30 but not all shares will be for sale given promoters' sizeable stakes -Nuvama
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
Carraro India Receives Draft Assessment Order From Income-Tax Department
March 11 (Reuters) - Carraro India Ltd CARD.NS:
CARRARO INDIA LTD - RECEIVES DRAFT ASSESSMENT ORDER FROM INCOME-TAX DEPARTMENT
Source text: ID:nNSEbQTrLC
Further company coverage: CARD.NS
(([email protected];;))
March 11 (Reuters) - Carraro India Ltd CARD.NS:
CARRARO INDIA LTD - RECEIVES DRAFT ASSESSMENT ORDER FROM INCOME-TAX DEPARTMENT
Source text: ID:nNSEbQTrLC
Further company coverage: CARD.NS
(([email protected];;))
Carraro India Receives Subsequent Show-Cause Notice From Income Tax Department
Feb 24 (Reuters) - Carraro India Ltd CARD.NS:
CARRARO INDIA LTD - RECEIVES SUBSEQUENT SHOW-CAUSE NOTICE FROM INCOME TAX DEPARTMENT
CARRARO INDIA - AMOUNT OF CONTENTION REVISED DOWNWARDS TO 1.45 BILLION RUPEES FROM 10.07 BILLION RUPEES
Source text: ID:nNSE99rCJM
Further company coverage: CARD.NS
(([email protected];;))
Feb 24 (Reuters) - Carraro India Ltd CARD.NS:
CARRARO INDIA LTD - RECEIVES SUBSEQUENT SHOW-CAUSE NOTICE FROM INCOME TAX DEPARTMENT
CARRARO INDIA - AMOUNT OF CONTENTION REVISED DOWNWARDS TO 1.45 BILLION RUPEES FROM 10.07 BILLION RUPEES
Source text: ID:nNSE99rCJM
Further company coverage: CARD.NS
(([email protected];;))
Carraro India more than halves from IPO price after Q3 profit drop
** Carraro India CARD.NS slides 19% to 351.5 rupees, more than half of its IPO price of 704 rupees
** Stock loses for second straight session
** Auto components maker posted Q3 profit slump as rev increase was outweighed by rise in expenses
** CARD down 35% since February 6 closing
** Around 2.2 mln shares traded, 8x the 30-day avg
** Co marked lacklustre debut in December, 2024
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Carraro India CARD.NS slides 19% to 351.5 rupees, more than half of its IPO price of 704 rupees
** Stock loses for second straight session
** Auto components maker posted Q3 profit slump as rev increase was outweighed by rise in expenses
** CARD down 35% since February 6 closing
** Around 2.2 mln shares traded, 8x the 30-day avg
** Co marked lacklustre debut in December, 2024
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
Carraro India slides exchange-allowed maximum of 20% on lower Q3 profit
** Shares of Carraro India CARD.NS slides an exchange-allowed maximum of 20% to 433.50 rupees
** Auto components maker's Q3 consolidated net profit fell 24.4% y/y, revenue was up 3.2%
** Trading vols at 506,984, 1.5x the 30-day average
** CARD down ~33% since its listing in December
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of Carraro India CARD.NS slides an exchange-allowed maximum of 20% to 433.50 rupees
** Auto components maker's Q3 consolidated net profit fell 24.4% y/y, revenue was up 3.2%
** Trading vols at 506,984, 1.5x the 30-day average
** CARD down ~33% since its listing in December
(Reporting by Vijay Malkar)
(([email protected];))
Carraro India Dec-Quarter Consol Net Profit 146.7 Mln Rupees
Feb 6 (Reuters) - Carraro India Ltd CARD.NS:
DEC-QUARTER CONSOL NET PROFIT 146.7 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4.49 BILLION RUPEES
Source text: ID:nBSE90wVZJ
Further company coverage: CARD.NS
(([email protected];;))
Feb 6 (Reuters) - Carraro India Ltd CARD.NS:
DEC-QUARTER CONSOL NET PROFIT 146.7 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4.49 BILLION RUPEES
Source text: ID:nBSE90wVZJ
Further company coverage: CARD.NS
(([email protected];;))
Carraro India Gets Order Levying Tax Liability Of 178.4 Mln Rupees
Jan 29 (Reuters) - Carraro India Ltd CARD.NS:
GOT ORDER LEVYING TAX LIABILITY OF 178.4 MILLION RUPEES
Source text: [ID:]
Further company coverage: CARD.NS
(([email protected];;))
Jan 29 (Reuters) - Carraro India Ltd CARD.NS:
GOT ORDER LEVYING TAX LIABILITY OF 178.4 MILLION RUPEES
Source text: [ID:]
Further company coverage: CARD.NS
(([email protected];;))
Carraro India slumps 9% in trading debut
** Shares of Carraro India CARD.NS plunge 9% to 642.25 rupees in trading debut vs IPO price of 704 rupees
** Stock opened at 651 rupees and has traded between 633-682 rupees on the day
** Vehicle transmission systems maker valued at 36.51 bln rupees ($427.30 mln) at current price
** CARD did not issue new shares in the IPO, Italian parent Carraro International cuts stake by ~31 bps, prospectus shows
** The 12.50 bln-rupee IPO was subscribed 1.1x, with bids worth 10.29 bln rupees
($1 = 85.4425 Indian rupees)
(Reporting by Kashish Tandon in Bengaluru)
** Shares of Carraro India CARD.NS plunge 9% to 642.25 rupees in trading debut vs IPO price of 704 rupees
** Stock opened at 651 rupees and has traded between 633-682 rupees on the day
** Vehicle transmission systems maker valued at 36.51 bln rupees ($427.30 mln) at current price
** CARD did not issue new shares in the IPO, Italian parent Carraro International cuts stake by ~31 bps, prospectus shows
** The 12.50 bln-rupee IPO was subscribed 1.1x, with bids worth 10.29 bln rupees
($1 = 85.4425 Indian rupees)
(Reporting by Kashish Tandon in Bengaluru)
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Popular questions
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What does Carraro India do?
Carraro India is a technology driven integrated supplier that develops complex engineering products and solutions for OEM customers. As an independent tier 1 (i.e., directly supplies products to OEM) solution provider of axles, transmission systems and gears for the agricultural tractor and construction vehicle industries in India, it supports the full value chain of services with in-house R&D and manufacturing capabilities. It provides a diverse range of products including axles and transmission systems of different HP ranges for off-highway vehicles in the agricultural tractor and construction vehicle sectors, as well as gears, shafts and ring gears for industrial and automotive vehicles.
Who are the competitors of Carraro India?
Carraro India major competitors are Schaeffler India, Sona BLW Precision, Ramkrishna Forgings, Happy Forgings, Auto.Axle, Action Const. Equip, Escorts Kubota. Market Cap of Carraro India is ₹2,449 Crs. While the median market cap of its peers are ₹14,790 Crs.
Is Carraro India financially stable compared to its competitors?
Carraro India seems to be less financially stable compared to its competitors. Altman Z score of Carraro India is 3.78 and is ranked 8 out of its 8 competitors.
Does Carraro India pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Carraro India latest dividend payout ratio is 36.32% and 3yr average dividend payout ratio is 23.5%
How has Carraro India allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Carraro India balance sheet?
Balance sheet of Carraro India is strong. But short term working capital might become an issue for this company.
Is the profitablity of Carraro India improving?
Yes, profit is increasing. The profit of Carraro India is ₹76.37 Crs for TTM, ₹60.58 Crs for Mar 2024 and ₹46.8 Crs for Mar 2023.
Is the debt of Carraro India increasing or decreasing?
Yes, The net debt of Carraro India is increasing. Latest net debt of Carraro India is ₹107 Crs as of Mar-25. This is greater than Mar-24 when it was ₹11.71 Crs.
Is Carraro India stock expensive?
Carraro India is not expensive. Latest PE of Carraro India is 28.42, while 3 year average PE is 39.07. Also latest EV/EBITDA of Carraro India is 16.14 while 3yr average is 19.14.
Has the share price of Carraro India grown faster than its competition?
There is not enough historical data for the companies share price.
Is the promoter bullish about Carraro India?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Carraro India is 68.77% and last quarter promoter holding is 68.77%.
Are mutual funds buying/selling Carraro India?
The mutual fund holding of Carraro India is increasing. The current mutual fund holding in Carraro India is 12.51% while previous quarter holding is 11.46%.