Carraro India Limited — Investor Meet, 19-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Carraro India reported strong H1 FY26, with revenue up 18% to ₹1,079 Cr and PAT climbing 22% to ₹60.8 Cr. Q2 revenue rose 33% to ₹586 Cr, PAT jumped 44% to ₹31.7 Cr. Exports surged 31%, led by teleboom handler axles for a major global OEM and backhoe loaders. Domestic 4WD agriculture demand remains robust. Despite temporary margin pressure from product mix, localization efforts (78% raw material) are boosting cost efficiency. Management is confident of exceeding FY26 revenue guidance (now targeting above EUR220M), expecting sustained growth and long-term margin expansion from new projects and market penetration.