Carraro India Limited has informed the exchange regarding the press release dated 06th August 2026 titled "Q1 FY27- Consolidated Results - Press Release"
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 06 Aug 2026, 06:53 PM IST · BSE ID: b20ec571-c15b-4077-8136-942aeaf15195
View Original BSE Filing (PDF)
💡
In Simple Terms
Carraro India's first quarter consolidated income increased to INR 5,587 Mn, driven by stronger domestic sales.
🤖 AI Summary
- Carraro India's Q1 FY27 consolidated total income rose 12% year-on-year to INR 5,587 Mn.
- Consolidated EBITDA (including other income) increased 6% year-on-year to INR 579 Mn.
- Consolidated Profit After Tax (PAT) for Q1 FY27 grew 8% year-on-year to INR 314 Mn.
- Domestic revenue climbed 26% to INR 3,795 Mn, while export revenue decreased 14% to INR 1,652 Mn.
- Agricultural equipment revenue rose 15% to INR 2,559 Mn; construction equipment revenue increased 4% to INR 2,264 Mn.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total Income
INR 5,587 Mn
12%
EBITDA (incl. Other Income)
INR 579 Mn
6%
Domestic Revenue
INR 3,795 Mn
26%
Export Revenue
INR 1,652 Mn
-14%
🏢 How This Affects the Company
The company's domestic business saw significant growth in Q1 FY27, with domestic revenue increasing by 26% year-on-year, particularly in 4WD axles for agricultural vehicles. Export revenue declined by 14% due to challenging market conditions.
Consolidated total income grew by 12% and PAT by 8% year-on-year in Q1 FY27, reaching INR 5,587 Mn and INR 314 Mn respectively. EBITDA margins slightly decreased to 10.4% from 11.0% in Q1 FY26, and PAT margins declined to 5.6% from 5.8%.
Carraro India initiated construction of a new paint-shop building and commissioned a side-drive sub-assembly line and backlash machine to enhance Portal axle and differential-support capacity. Production for a Turkish customer's Agri higher HP Transmission project commenced in Q1 FY27.
Challenging export market conditions due to geopolitical uncertainty and uneven demand in overseas markets led to a 14% decline in export revenue. Higher energy and raw-material costs, alongside labour availability constraints, impacted EBITDA margins.
👥 What This Means For Shareholders
✅
Action Required
No action required by shareholders based on this financial results press release.
👤
Who Is Affected
Shareholders are impacted by the company's financial performance, with Q1 FY27 consolidated PAT increasing by 8% to INR 314 Mn, reflecting overall profitability growth.
🔍
Management Signal
Management is focused on expanding domestic presence in TBH axles, ramping up 4WD axle capacity, and strengthening the gears business to support future growth.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 results — monitor consolidated revenue and margin trends.
Updates on new TBH and Agri higher HP transmission projects.
Progress on the INR 175 million e-transmission engineering project with Montra Electric.
MEDIUM RISK
Declining export revenue and pressure on margins from higher costs represent ongoing challenges.
💡 Investor Takeaway
Carraro India reported Q1 FY27 consolidated total income of INR 5,587 Mn, a 12% increase year-on-year, and PAT of INR 314 Mn, up 8%. Domestic revenue grew by 26% to INR 3,795 Mn, while export revenue declined by 14% to INR 1,652 Mn.
⚖️ Strengths & Concerns
✅ Positives
- Q1 FY27 consolidated total income increased by 12% year-on-year to INR 5,587 Mn, reflecting overall revenue growth.
- Domestic revenue grew significantly by 26% year-on-year to INR 3,795 Mn, driven by robust demand for 4WD axles.
⚠️ Concerns
- Consolidated EBITDA margin decreased to 10.4% in Q1 FY27 from 11.0% in Q1 FY26, indicating reduced operating efficiency.
- Export revenue declined by 14% year-on-year to INR 1,652 Mn, impacted by geopolitical uncertainty and uneven demand.
📅 Company Track Record
Carraro India's Q1 FY27 standalone profit was previously reported at INR 306.49 million year-on-year. The board met on August 06, 2026, to approve the Q1 FY27 results.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Carraro India's consolidated total income in Q1 FY27?
Carraro India reported a consolidated total income of INR 5,587 Mn for Q1 FY27, marking a 12% increase year-on-year.
How did Carraro India's Profit After Tax (PAT) perform in Q1 FY27?
The consolidated PAT for Carraro India in Q1 FY27 stood at INR 314 Mn, which represents an 8% growth on a year-on-year basis.
What was the year-on-year change in Carraro India's domestic and export revenues for Q1 FY27?
Domestic revenue for Carraro India increased by 26% year-on-year to INR 3,795 Mn in Q1 FY27, while export revenue decreased by 14% year-on-year to INR 1,652 Mn.
What were Carraro India's EBITDA and PAT margins in Q1 FY27?
Carraro India's EBITDA margin in Q1 FY27 was 10.4%, and the PAT margin was 5.6%.
Questions based on this BSE filing only. For information purposes.