Comparison · NSE · data 2026-10-31
Carraro India Ltd. vs GNA Axles Ltd
In plain words
Size: Carraro India Ltd. is about 1.2 times the market value of GNA Axles Ltd.
Valuation (P/E): Carraro India Ltd. 20.5 vs GNA Axles Ltd 15.8.
Return on equity: Carraro India Ltd. 25.5% vs GNA Axles Ltd 12.3%.
Profit growth over 3 years: Carraro India Ltd. 40.8% a year vs GNA Axles Ltd -3.5% a year.
Debt to equity: Carraro India Ltd. 0.27 vs GNA Axles Ltd 0.22.
Differences in the numbers, not a recommendation of either stock.
Side by side
| CARRARO | GNA | |
|---|---|---|
| Price | ₹478.6 | ₹534.95 |
| Market cap | ₹2,716 cr | ₹2,295 cr |
| P/E | 20.5 | 15.8 |
| P/B | — | 2.1 |
| ROE | 25.5% | 12.3% |
| ROCE | 25.7% | 14.6% |
| Debt / equity | 0.27 | 0.22 |
| Operating margin | 7.3% | 11.6% |
| Dividend yield | 1.41% | 0.56% |
| Sales growth, 3 years (yearly) | 10.0% | -2.5% |
| Profit growth, 3 years (yearly) | 40.8% | -3.5% |
| 1-year return | -3.1% | 65.6% |
| Revenue, last 12 months | ₹2,307 cr | ₹1,778 cr |
| Net profit, last 12 months | ₹133 cr | ₹145 cr |
| Latest quarter | Jun 2026 | Mar 2024 |
| Quarter net profit | ₹31 cr | ₹17 cr |
| Quarter profit vs a year earlier | +7.8% | — |
| Promoter holding | 68.77% | 58.47% |
| Health check | Strong (7.3/10) | Strong (7.3/10) |
Common questions
Which has a higher P/E, Carraro India Ltd. or GNA Axles Ltd?
Carraro India Ltd. trades at the higher P/E (20.5 against 15.8). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Carraro India Ltd. (25.5% against 12.3%).
Which carries more debt?
Carraro India Ltd. has the higher debt-to-equity ratio (0.27 against 0.22).