Carraro India Ltd. (CARRARO.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-37.2%

₹304.59

vs ₹485.30 price

Levered DCF

₹43.30

After debt service

Piotroski score

—

Altman Z-score

—

Rating

C-

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
P/E	20.49×	20.11×	57.84×	74.67×	161.47×
P/B	4.74×	3.87×	0×	0×	0×
P/S	1.19×	0.98×	2.03×	2.12×	2.43×
EV / EBITDA	11.51×	10.2×	0×	0×	0×
Gross margin	17.2%	24.8%	22.8%	20.8%	20.1%
Operating margin	7.7%	7.8%	6.0%	4.9%	3.0%
Net margin	5.8%	4.9%	3.5%	2.8%	1.5%
Current ratio	1.62×	1.52×	0×	0×	0×
Debt / equity	0.27×	0.42×	0×	0×	0×
Interest coverage	8.89×	6.42×	4.83×	4.33×	2.86×
Dividend yield	1.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	19.8%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
Return on equity	23.1%	19.2%	0.0%	0.0%	0.0%
Return on invested capital	16.8%	14.9%	0.0%	0.0%	0.0%
Return on assets	10.3%	8.0%	0.0%	0.0%	0.0%
Free cash flow yield	3.2%	1.4%	0.0%	0.0%	0.0%
Earnings yield	4.9%	5.0%	1.7%	1.3%	0.6%
Enterprise value	₹27.4B	₹18.9B	₹0	₹0	₹0
Net debt / EBITDA	0.27×	0.66×	0×	0×	0×
Cash conversion cycle (days)	41	45	0	0	0