Carraro India Limited was incorporated as Carraro India Private Limited on April 11, 1997, as a Private Limited Company issued by the Registrar of Companies, Delhi. Pursuant to allotment of Equity Shares by the Company, the Board passed a resolution on September 30, 1997, wherein Company became a deemed public company, and the name was changed to Carraro India Limited with effect from September 3, 1997, pursuant to a Certificate of Incorporation endorsed by the RoC, Delhi to that effect. Subsequently, the Company was reconverted into a Private Limited Company and the name was changed to Carraro India Private Limited, dated March 16, 2009 issued by the RoC. Subsequently, on the conversion of Company to a Public Limited Company, the Company 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 the said Scheme of of 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 paidup 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 4WD 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 teleboom handlers (TBHs) axle platform, developed for a leading global OEM, with initial exports commencingin 202425. 5 new prototypes were developed during financial year 202425.
Carraro India Financial Highlights
For the full year FY2025–2026, revenue
reached ₹1823.38 crore and profit touched at
₹88.14 crore. As of Dec '25, Carraro India’s market capitalisation stood at ₹2,866.45 crores.
Shareholding as of Dec '25 shows promoters holding 68.8%, with FIIs at
2.7%, DIIs at 17.1%, and public at 11.4%.
Carraro India Share Price Today
As of 7 Mar 2026, Carraro India share price is ₹504.2. The stock opened at ₹509 and had closed at ₹509.3 the previous day. During today’s trading session, Carraro India share price moved between ₹502.00 and ₹517.00, with an average price for the day of ₹509.50. Over the last 52 weeks, the stock has recorded a low of ₹253.15 and a high of ₹614.50. In terms of performance, Carraro India share price has increased by 16.5% over the past six months and has increased by 48.83% over the last year.