Carraro India Limited — PPTs, 06-08-2026: Investor Presentation

Here is the summary of the investor presentation:

**1. Business Performance:** Carraro India delivered a strong Q1 FY27. Revenue from operations grew 10% YoY to INR 544.7 Cr, driven by a robust 26% surge in domestic business from 4WD agri-axle demand. Exports, however, dipped 14%. Profit after tax rose 8% to INR 31.4 Cr, and EBITDA increased 6% to INR 57.9 Cr, despite higher energy and raw material costs.

**2. Growth Drivers & Strategy:** The company is expanding capacity to meet the growing 4WD tractor demand, fueled by GST reforms. Strategic focus areas include developing future-ready solutions like e-transmissions for electric vehicles, with series production for a Turkish client starting this quarter and an Indian client by FY28. They are also localizing the supply chain (74.2% localized in Q1 FY27) to cut costs and enhance efficiency.

**3. Recent Developments:** Construction began for a new paint-shop, and a side-drive sub-assembly line was commissioned to boost axle capacity. Engineering services secured additional assignments worth INR 3.3 Cr post-quarter. A major OEM awarded a bull gears business valued at INR 15 Cr annually from FY28.

**4. Key Financial Metrics:** Q1 FY27 Revenue: INR 544.7 Cr (+10% YoY). PAT: INR 31.4 Cr (+8% YoY). EPS: Rs 5.52. Domestic revenue climbed 26% while exports saw a 14% decline.

**5. Management Commentary / Outlook:** Management highlighted strong domestic momentum and new program ramp-ups will drive growth, despite global uncertainties. They anticipate margin improvement in FY27 from better cost absorption, operating efficiencies, and higher utilization, working towards medium-term revenue and profitability goals.