Carraro India Ltd. share price target

sion systems, gears, shafts, and ring gears, along with spare parts and non-core components used in agricultural and construction machinery. CIL operates two advanced manufacturing facilities in Pune, Maharashtra, equipped with modern machining, testing, and assembly infrastructure. As of FY25, the company derived 47.4% of its revenue from agricultural tractors, 41.4% from construction vehicles, and 11.2% from other product lines. The domestic market contributed 67.2% of total revenue, while exports accounted for 32.8%. Its strong OEM relationships, increasing localization, and...

Carraro India Ltd (CIL) is a technology-driven integrated supplier specializing in complex engineering products and solutions tailored for original equipment manufacturers (OEMs) in the agricultural tractor and construction vehicle sectors in India. As an independent tier 1 solution provider, the Company focuses on manufacturing critical components such as axles, transmission systems, and gears. With 27 years of presence in India, it has established a robust network of local and international customers and suppliers, leveraging its early-mover advantage to build lasting relationships and understand market needs effectively. IPO Note Carraro India Limited