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About Carraro India Ltd
Stock PE (TTM)
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Carraro India Limited was incorporated as "Carraro India Private Limited" on April 11, 1997, as a Private Limited Company with Registrar of Companies, Delhi. Subsequently, on the conversion of Company to a Public Limited, the name was changed to "Carraro India Limited" and a fresh Certificate of Incorporation dated August 12, 2024 was issued by the RoC. Promoter, Carraro S.p.A., is the parent company of the Carraro Group. The Company is engaged in manufacture of mechanical transmissions, clutches, hydraulic lifts and planetary drives, axles for agricultural tractors and construction equipment including components, parts and spares. The Company has its manufacturing facilities located in Ranjangaon at Pune. Pursuant to Scheme of Amalgamation approved by the High Court at Judicature at Bombay vide its order dated August 28, 2014, Turbo Gears India Private Limited (TGIPL) , the fellow subsidiary got merged with the Company w.e.f. April 1, 2013. In terms of said amalgamation, erstwhile shareholders of Turbo Gears, namely, Carraro Drive Tech S.p.A. and Siap S.p.A., were allotted 0.06 Equity Shares bearing face value of Rs 10 each of the Company for every 1 fully paid-up equity share bearing face value of Rs 10 each held by such shareholder in Turbo Gears. Accordingly, 5,759,994 Equity Shares and 6 Equity Shares were allotted to Carraro Drive Tech S.p.A. and Siap S.p.A., respectively, as consideration for the amalgamation. In 2016, the Company launched steering axle applicable for 4-WD vehicle; launched steering portal axle in 2022, and T135 transmission system launched in 2023. The Company acquired 99% shareholding in Carraro Technologies India Private Limited and it has become a subsidiary of the Company, with effect from June 28, 2024. The Company came up with an IPO of 17,755,681 equity shares having the face value of Rs 10 each, by raising funds aggregating to Rs 1250 crore, via offer for sale in December, 2024. Company launched the tele-boom handlers (TBHs) axle platform, developed for a leading global OEM, with initial exports commencing in 2024-25. 5 new prototypes were developed during financial year 2024-25. The Company opened first authorised service centre and secured board approval for capex expansion during FY25. The Company collaborated with Montra Electric for the supply of e-transmissions for electric agricultural tractors in 2025. The Company developed advanced platforms such as the T100 EVO-HD, T100CVT and T135 Ag tractor transmission in 2026.
Carraro India share price as on 01 Sep 2026 is Rs. 560.95. Over the past 6 months, the Carraro India share price has increased by 7.65% and in the last one year, it has increased by 35.07%. The 52-week low for Carraro India share price was Rs. 411 and 52-week high was Rs. 667.55.
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Carraro India Ltd FAQs
You can buy Carraro India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Carraro India Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Sep 01, 2026 09:39 AM the closing price of Carraro India Ltd was Rs.560.95.
The latest PE ratio of Carraro India Ltd as of Sep 01, 2026 09:39 AM is 23.96
The latest PB ratio of Carraro India Ltd as of Sep 01, 2026 09:39 AM is 5.63
The 52-week high of Carraro India Ltd share price is Rs. 667.55 while the 52-week low is Rs. 411.00
According to analyst recommendations, Carraro India Ltd Share has a "Buy" rating for the long term.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Sep 01, 2026 09:39 AM, the market cap of Carraro India Ltd stood at Rs. 3,189.11 Cr.
Market Outlook
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