CARRARO
Carraro India Limited manufactures and sells automotive equipment, parts, and components in India and internationally. The company offers mechanical transmissions, clutches, hydraulic lifts and planetary drives, and axles for agricultural tractors; and construction equipment, including components, parts and spares, backhoe loaders, soil compactors, cranes, self-loading concrete mixers, and small … Read more
CARRARO (CARRARO) - Net Assets
Latest net assets as of September 2025: ₹4.93 Billion INR
Based on the latest financial reports, CARRARO (CARRARO) has net assets worth ₹4.93 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹11.81 Billion) and total liabilities (₹6.88 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹4.93 Billion |
| % of Total Assets | 41.73% |
| Annual Growth Rate | 16.11% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.85 |
CARRARO - Net Assets Trend (2022–2025)
This chart illustrates how CARRARO's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CARRARO (2022–2025)
The table below shows the annual net assets of CARRARO from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹4.58 Billion | +23.83% |
| 2024-03-31 | ₹3.70 Billion | +9.59% |
| 2023-03-31 | ₹3.38 Billion | +15.34% |
| 2022-03-31 | ₹2.93 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CARRARO's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 102.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹3.27 Billion | 71.48% |
| Common Stock | ₹568.52 Million | 12.41% |
| Other Components | ₹737.74 Million | 16.11% |
| Total Equity | ₹4.58 Billion | 100.00% |
CARRARO Competitors by Market Cap
The table below lists competitors of CARRARO ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anygen Co. Ltd.
KO:196300
|
$47.59K |
|
Kiromic Biopharma Inc
NASDAQ:KRBP
|
$47.64K |
|
Winchester Holding Group
PINK:WCHS
|
$47.64K |
|
CARLYLE COMMODIT.CORP.
F:BJ4
|
$47.66K |
|
Merger Mines Corporation
PINK:MERG
|
$47.59K |
|
Great Elm Capital Corp
NASDAQ:GECC
|
$47.57K |
|
VITA 34 N - Dusseldorf Stock Exchang
DU:V3V
|
$47.56K |
|
DIRECTA SIM SPA
F:ZP7
|
$47.54K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CARRARO's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,698,180,000 to 4,579,640,000, a change of 881,460,000 (23.8%).
- Net income of 881,170,000 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹881.17 Million | +19.24% |
| Other Changes | ₹290.00K | +0.01% |
| Total Change | ₹- | 23.83% |
Book Value vs Market Value Analysis
This analysis compares CARRARO's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.33x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 8.35x to 5.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-03-31 | ₹51.45 | ₹429.45 | x |
| 2023-03-31 | ₹59.34 | ₹429.45 | x |
| 2024-03-31 | ₹65.05 | ₹429.45 | x |
| 2025-03-31 | ₹80.55 | ₹429.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CARRARO utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.24%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.90%
- • Asset Turnover: 1.63x
- • Equity Multiplier: 2.42x
- Recent ROE (19.24%) is above the historical average (14.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 7.66% | 1.50% | 1.47x | 3.46x | ₹-68.40 Million |
| 2023 | 14.36% | 2.84% | 1.59x | 3.18x | ₹147.04 Million |
| 2024 | 16.91% | 3.51% | 1.66x | 2.90x | ₹255.61 Million |
| 2025 | 19.24% | 4.90% | 1.63x | 2.42x | ₹423.21 Million |
Industry Comparison
This section compares CARRARO's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $13,046,583,226
- Average return on equity (ROE) among peers: 17.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CARRARO (CARRARO) | ₹4.93 Billion | 7.66% | 1.40x | $47.59K |
| Apollo Tyres Limited (APOLLOTYRE) | $34.01 Billion | 18.01% | 1.52x | $1.47 Billion |
| Asahi India Glass Limited (ASAHIINDIA) | $26.42 Billion | 14.05% | 1.57x | $840.09 Million |
| Automotive Stampings and Assemblies Limited (ASAL) | $562.65 Million | 17.77% | 2.25x | $19.03 Million |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $10.43 Billion | 23.74% | 0.84x | $228.28 Million |
| Automotive Axles Limited (AUTOAXLES) | $3.02 Billion | 6.60% | 0.72x | $87.35 Million |
| Autoline Industries Limited (AUTOIND) | $1.39 Billion | 7.99% | 2.15x | $12.36 Million |
| Balkrishna Industries Limited (BALKRISIND) | $8.61 Billion | 22.59% | 1.53x | $2.01 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $1.36 Billion | 31.89% | 0.52x | $284.60 Million |
| BELRISE INDUSTRIES LTD (BELRISE) | $20.45 Billion | 15.34% | 1.78x | $562.62 Million |
| Bharat Forge Limited (BHARATFORG) | $24.21 Billion | 12.59% | 2.14x | $5.34 Billion |