Carraro India Limited — Investor Meet, 18-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Carraro India delivered strong Q3 FY26 results: Revenue up 27% YoY to INR569 Cr, PAT soared 91% to INR28.1 Cr. 9M FY26 revenue grew 21% to INR1,648.8 Cr with PAT up 38% to INR88.9 Cr. Margins expanded due to operating leverage and cost control. Growth is fueled by robust 4WD agri axle demand, strong Tele Boom Handler exports, and market share gains in construction. The company approved INR62.3 Cr capex for axle capacity expansion, operating at ~90% utilization. Management upgraded FY26 revenue outlook to ~INR3,500 Cr, confirming commitment to ~100 bps annual EBITDA margin improvement. Confident on sustained growth.