Carraro India Ltd Q4 FY26 Results

Summary

Carraro India Limited reported a robust financial performance for both the fourth quarter and the full financial year ended March 31, 2026. For FY26, consolidated total income rose by 25% year-on-year to ₹22,840 Mn, while Profit After Tax (PAT) saw a substantial 48% increase to ₹1,306 Mn, improving PAT margins to 5.7%. The fourth quarter exhibited strong momentum, with total income growing 37% to ₹6,142 Mn and PAT soaring by 76% to ₹417 Mn. The company highlighted significant contributions from its export business, which grew 37% for the year, alongside continued progress in key strategic projects and anticipation of sustained demand in the 4WD axle segment.

Key Highlights

1. 1

   Carraro India Limited reported a strong full-year FY26 consolidated total income of ₹22,840 Mn, marking a 25% increase year-on-year.

2. 2

   For FY26, EBITDA (including other income) grew by 33% to ₹2,475 Mn, with margins improving to 10.8% from 10.2% in FY25.

3. 3

   Profit after tax (PAT) for FY26 surged by 48% year-on-year to ₹1,306 Mn, with PAT margins expanding to 5.7% from 4.8% in FY25.

4. 4

   In Q4 FY26, the company's consolidated total income increased by 37% year-on-year to ₹6,142 Mn.

5. 5

   Q4 FY26 PAT showed significant growth of 76% year-on-year, reaching ₹417 Mn.

6. 6

   The export business delivered robust growth of 37% year-on-year in FY26, primarily driven by sustained momentum in construction equipment.

7. 7

   Carraro India secured a business nomination from a major OEM for bull gears, valued at approximately ₹15 crore p.a., effective FY28.