Carraro India Share Price Prediction 2027: Scenario Targets, Valuation and Technical Outlook
- October 9, 2026
- Posted by: Chaitanya Auti
- Category: Market
CMP Rs 511.35 (9 Oct 2026). 52W range Rs 416.00 to Rs 667.55. PE 21.78. 2027 base Rs 614, bull Rs 735.
Quick Answer
Carraro India share price prediction 2027 centres on a conservative case of Rs 588, a base case of Rs 614 and a bull case of Rs 735, against a current price of Rs 511.35. These targets scale today’s price by reported EPS growth at a constant PE multiple, so they rest on earnings the company has already delivered, not on broker forecasts. The base case implies 20.1% upside from today’s price. The daily technical setup reads bearish.
The Carraro India share price forecast comes down to earnings growth and the multiple investors pay for it, and the reported numbers give a measured answer. The stock trades at Rs 511.35 on NSE as of 9 October 2026, 23.4% below its 52-week high of Rs 667.55, after the company reported net profit of Rs 130.58 crore for FY26.
This Carraro India stock forecast 2027 builds conservative, base and bull scenarios from exchange-reported financials, shareholding data and daily price indicators, with every assumption shown.
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Carraro India Share Price Today and Key Data
The Carraro India share price today is Rs 511.35 on NSE, up 0.30% on the day. The market capitalisation stands at Rs 2,894 crore. Over the past year the price has risen 11.1% from Rs 460.15. Every Carraro India stock forecast figure below starts from this price.
| Metric | Value |
|---|---|
| Company | Carraro India (CARRARO) |
| Current Price | Rs 511.35 |
| 52-Week High | Rs 667.55 (16 April 2026) |
| 52-Week Low | Rs 416.00 (23 March 2026) |
| Market Cap | Rs 2,894 crore |
| PE Ratio | 21.78 |
| Industry PE | 37.01 |
| PB Ratio | 5.13 |
| EPS (TTM) | Rs 23.37 |
| Return on Equity | 23.12% |
| Debt to Equity | 0.27 |
| Dividend Yield | 1.33% |
| Book Value per Share | Rs 99.31 |
What Is the Carraro India Share Price Prediction for 2027?
The Carraro India share price prediction for 2027 is a conservative case of Rs 588, a base case of Rs 614 and a bull case of Rs 735. Against Rs 511.35, these imply 15.0% upside, 20.1% upside and 43.7% upside. They are model scenarios built from reported EPS growth, not broker targets.
| Scenario | EPS Growth Basis | EPS Estimate | PE Multiple | Implied Value | Upside vs Current Price |
|---|---|---|---|---|---|
| Conservative Case | Lower of FY26 growth (48.1%) and 4-year CAGR (55.4%) (capped at 15%) | Rs 26.88 (+15.0%) | Unchanged from today (price to EPS ratio kept constant) | Rs 588 | +15.0% |
| Base Case | Average of the two (capped at 20%) | Rs 28.04 (+20.0%) | Unchanged from today (price to EPS ratio kept constant) | Rs 614 | +20.1% |
| Bull Case | Higher of the two (capped at 25%) | Rs 29.21 (+25.0%) | Re-rated 15.0% toward industry PE of 37.01 (still at or below it) | Rs 735 | +43.7% |
Each target takes today’s price of Rs 511.35 and scales it by the EPS growth assumed for that case, which is the same as holding the PE multiple constant. The conservative case uses the lower of the FY26 EPS growth and the 4-year EPS CAGR, the base case uses their average and the bull case uses the higher figure. The bull case also re-rates the PE multiple toward the industry level, because the stock trades below it. Together they form the Carraro India target price range for the FY27 outlook over the next 12 months, and the range is not a point estimate.
Carraro India Share Price Forecast: What Has to Go Right by 2027
Each Carraro India target price below depends on a specific EPS outcome, and the text states that outcome next to the number.
Conservative Case for the Carraro India Share Price Target: Rs 588
Reaching Rs 588 needs EPS to rise 15.0% to Rs 26.88 while the stock keeps its current PE multiple. That follows the slower 4-year EPS CAGR of 55.4%.
Base Case for the Carraro India Share Price Target: Rs 614
Reaching Rs 614 needs EPS to rise 20.0% to Rs 28.04, the average of the FY26 growth rate and the 4-year CAGR. Net profit growth of 7.8% in Q1 FY27 is below that pace, so earnings need to speed up to reach this level.
Bull Case for the Carraro India Share Price Target: Rs 735
Reaching Rs 735 needs EPS to rise 25.0% to Rs 29.21 and the PE multiple to re-rate 15.0% toward the industry PE. That is above the 52-week high of Rs 667.55, so it would need a fresh breakout. A daily close above the nearest resistance level of Rs 527.20 (200-day EMA) would be the first technical confirmation.
Carraro India Financial Performance: Revenue, Profit and Margins
Carraro India earned net profit of Rs 130.58 crore on revenue of Rs 2,284.02 crore in FY26, with profit up 48.2% and revenue up 25.3% compared with FY25. Diluted EPS was Rs 22.96 against Rs 15.50 a year earlier, and that earnings base anchors the Carraro India share price forecast.
| Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Operating Margin | Net Margin |
|---|---|---|---|---|---|
| FY22 | 1,520.05 | 22.43 | 3.94 | 5.53% | 1.48% |
| FY23 | 1,733.30 | 48.46 | 8.52 | 7.29% | 2.80% |
| FY24 | 1,806.55 | 62.56 | 11.00 | 8.38% | 3.46% |
| FY25 | 1,823.38 | 88.14 | 15.50 | 10.31% | 4.83% |
| FY26 | 2,284.02 | 130.58 | 22.96 | 10.55% | 5.72% |
In the latest reported quarter, Q1 FY27 (quarter ended June 2026), revenue was Rs 558.65 crore against Rs 499.92 crore a year earlier (+11.7%), and the bottom line was a net profit of Rs 31.39 crore against a net profit of Rs 29.12 crore (+7.8%). Operating margin was 10.63% versus 11.12% in the year-ago quarter. Cash flow from operations was Rs 134.56 crore in FY26 against Rs 76.29 crore in FY25. Together these figures set the earnings base for the Carraro India share price prediction.
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Is Carraro India Overvalued or Undervalued Right Now?
Carraro India trades at a PE of 21.78 against an industry PE of 37.01, which places the stock at a 41.2% discount to the industry average. The price-to-book ratio is 5.13 on a book value of Rs 99.31 per share. Return on equity of 23.12% means the company earns Rs 23.12 of profit for every Rs 100 of shareholder equity.
Debt to equity is 0.27, so borrowings equal about 27% of shareholder equity. The company declared a dividend of Rs 6.75 per share for FY26, a yield of 1.33% at the current price. This valuation context frames the Carraro India stock price prediction for 2027 without relying on any outside forecast.
Carraro India Stock Analysis: Technical Outlook
Carraro India stock trades below its 50-day SMA of Rs 529.96 and below its 200-day EMA of Rs 527.20, and the combined daily indicators read bearish. The 52-week high of Rs 667.55 was set on 16 April 2026, while the 52-week low of Rs 416.00 came on 23 March 2026.
| Indicator | Reading | Signal |
|---|---|---|
| RSI (14) | 44.51 | Weak momentum |
| MACD (12,26,9) | -4.49 vs signal -2.58 | Bearish |
| ADX (14) | 16.07 | Weak trend |
| Supertrend (10,3) | Price below Rs 555.36 | Bearish |
| 50-day SMA | Rs 529.96 | Price below |
| 200-day EMA | Rs 527.20 | Price below |
The nearest support level sits at Rs 416.00 (52-week low). The nearest resistance level sits at Rs 527.20 (200-day EMA) and Rs 529.96 (50-day SMA). A sustained move above the nearest resistance would support the Carraro India share price prediction 2027 base case, and this Carraro India stock analysis uses daily candles only. Chart signals add context to the Carraro India share price target without changing the earnings maths.
Carraro India Shareholding Pattern
Promoters hold 68.77% of Carraro India as of Jun 2026, unchanged across the last 5 quarters. FII holding is 2.91% (down from 3.69% in Jun 2025) and DII holding is 16.10% (down from 16.61% in Jun 2025), which puts combined institutional holding at 19.01%. Public shareholders own 12.22%. Shareholding data is one input for any Carraro India stock forecast. Ownership is a useful cross-check on any Carraro India share price prediction.
Key Risks to the Carraro India Share Price Target for 2027
Earnings and Margin Risk
Operating margin has ranged from 5.53% to 10.55% between FY22 and FY26, so a slip toward the lower end would trim the EPS estimate behind the Carraro India stock forecast. Revenue was up 25.3% in FY26, and slower revenue growth would weigh on the profit path.
Size and Liquidity Risk
Market capitalisation stands at Rs 2,894 crore. Investors should check daily traded volumes and order book depth on NSE before sizing a position, because price moves can be sharper when volumes thin out. Liquidity is a practical constraint on any Carraro India stock price target.
Balance Sheet Risk
Debt to equity of 0.27 means borrowings stand at about 27% of shareholder equity. A rise in borrowing costs or a jump in debt would weigh on profit and on the multiple behind the Carraro India share price forecast.
Technical Risk
The daily indicators read bearish, so the targets above may need a technical turn before the price follows earnings. A daily close below Rs 416.00 (52-week low) would weaken the setup further.
Conclusion
This Carraro India stock analysis puts the share price target range for 2027 at Rs 588 to Rs 735, with a base case of Rs 614 against Rs 511.35 today. The inputs are a PE of 21.78 that sits at a 41.2% discount to the industry average, EPS growth of 48.1% in FY26 and a daily technical setup that reads bearish. The next quarterly result will show which scenario is gaining ground. This analysis is educational, so consult a SEBI-registered advisor before acting on it.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Carraro India Share Price Prediction 2027
What is the Carraro India share price target for 2027?
Ans. The Carraro India share price forecast for 2027 has a conservative case of Rs 588, a base case of Rs 614 and a bull case of Rs 735. These are model scenarios based on reported EPS growth, and they are not guaranteed outcomes.
What is the Carraro India share price today?
Ans. Carraro India trades at Rs 511.35 on NSE as of 9 October 2026, up 0.30% on the day. The 52-week range is Rs 416.00 to Rs 667.55.
Is Carraro India a good stock to buy for 2027?
Ans. The data points in different directions: the PE of 21.78 is at a 41.2% discount to the industry average, EPS grew 48.1% in FY26 and the daily technical setup reads bearish. This article does not constitute investment advice, so consult a SEBI-registered advisor before deciding.
Can Carraro India stock reach Rs 735 in 2027?
Ans. Reaching Rs 735 needs EPS to rise 25.0% from Rs 23.37 and the PE multiple to re-rate toward the industry PE of 37.01, plus a daily close above Rs 527.20 (200-day EMA). This is a scenario, not a guarantee.
What are the support and resistance levels for Carraro India?
Ans. The nearest support levels are Rs 416.00 (52-week low), and the nearest resistance levels are Rs 527.20 (200-day EMA) and Rs 529.96 (50-day SMA).
What are the main risks for Carraro India stock in 2027?
Ans. The main risks to the Carraro India share price forecast are a fall in operating margin from the 5.53% to 10.55% range seen since FY22, slower revenue growth after FY26 revenue was up 25.3%, and thin trading volumes. Debt to equity of 0.27 adds balance sheet sensitivity.
How is the Carraro India target price for 2027 calculated?
Ans. Each target scales the current price by assumed EPS growth at a constant PE multiple. The conservative case uses 15.0% growth, the base case 20.0% and the bull case 25.0%, all drawn from the company’s reported FY26 and 4-year EPS growth.