NASDAQ · Technology
Invest in Karooooo stock from India
Indian and foreign residents can buy Karooooo (KARO) shares directly through Paasa.
By Paasa · Updated
Karooooo at a glance
- Price
- $61.00+$0.17 (0.28%)
- Market cap
- $1.88B
- Day range
- $60.47 – $61.44
- P/E
- 30.33
- Dividend yield
- 2.46%
- Volume
- 11.99K
- 1 month
- -9.22%
- 6 months
- +28.34%
- YTD
- +34.07%
- 1 year
- +1.00%
- 5 years
- +106.64%
Karooooo statements, FY2022–FY2026
| Fiscal year | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | ZAR 5.5B | ZAR 4.6B | ZAR 4.2B | ZAR 3.5B | ZAR 2.7B |
| Gross profit | ZAR 3.7B | ZAR 3.2B | ZAR 2.7B | ZAR 2.3B | ZAR 1.8B |
| Operating income | ZAR 1.4B | ZAR 1.3B | ZAR 1.0B | ZAR 881.9M | ZAR 699.1M |
| Net income | ZAR 993.9M | ZAR 921.0M | ZAR 738.2M | ZAR 597.2M | ZAR 450.0M |
| Earnings per share | ZAR 32.17 | ZAR 29.81 | ZAR 24.30 | ZAR 19.29 | ZAR 14.86 |
| EBITDA | ZAR 2.2B | ZAR 2.1B | ZAR 1.8B | ZAR 1.5B | ZAR 1.3B |
| Total assets | ZAR 5.8B | ZAR 5.1B | ZAR 4.3B | ZAR 3.7B | ZAR 3.0B |
| Total debt | ZAR 1.2B | ZAR 727.5M | ZAR 263.9M | ZAR 179.1M | ZAR 211.5M |
| Cash and short-term investments | ZAR 1.2B | ZAR 1.0B | ZAR 456.0M | ZAR 957.4M | ZAR 719.2M |
| Shareholders' equity | ZAR 3.3B | ZAR 3.2B | ZAR 2.9B | ZAR 2.6B | ZAR 2.1B |
| Operating cash flow | ZAR 1.8B | ZAR 2.0B | ZAR 972.8M | ZAR 1.2B | ZAR 952.6M |
| Free cash flow | ZAR 0.0 | ZAR 928.9M | ZAR 80.1M | ZAR 595.4M | ZAR 387.6M |
| Capital expenditure | −ZAR 1.8B | −ZAR 1.0B | −ZAR 892.6M | −ZAR 631.0M | −ZAR 565.0M |
Fiscal years as reported, the latest ending 28 Feb 2026. Figures in ZAR; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Fastly | FSLY | $26.69 | $4.18B |
| Adeia | ADEA | $25.94 | $2.86B |
| A10 Networks | ATEN | $27.54 | $1.98B |
| Porch | PRCH | $16.66 | $1.89B |
| Amplitude | AMPL | $14.07 | $1.87B |
Peers as grouped by the data provider. This is not an investment recommendation.
Analyst price targets
- Low
- $70.00
- High
- $75.00
- Median
- $74.00
- Consensus
- $73.00
Ratings: 5 buy · 1 hold · 0 sell. Consensus: Buy.
Published sell-side 12-month targets in USD, aggregated by the data provider. They are not Paasa's view and not a forecast.
How to invest in Karooooo from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Step 3
Search KARO and buy
Find Karooooo by name or by its ticker, KARO, and place your order. Fractional shares are available and there is no minimum trade size, so you can buy by amount instead of whole shares.
Why invest in Karooooo from India
What Karooooo does
Karooooo Ltd. delivers a comprehensive software-as-a-service (SaaS) platform tailored for connected vehicles, extending its services across South Africa, the broader African continent, Europe, the Asia-Pacific region, the Middle East, and the United States. Its core offerings include Fleet Telematics, a SaaS solution providing real-time intelligence for effective fleet management; LiveVision, which enhances fleet visibility and facilitates proactive risk mitigation; MiFleet, an advanced system for fleet administration, business intelligence, and cost control; and Karooooo Logistics, an appl… Karooooo operates in the Software - Application industry within the Technology sector.
Hold a dollar asset
Karooooo shares are priced in US dollars, so a weaker rupee adds to what they're worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Buy a fraction of a share
Buy by amount, not by share, and get the matching fraction of one Karooooo share. There is no minimum trade size.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Karooooo stock from India?
Yes. Indian residents and NRIs can buy Karooooo (KARO) shares directly through Paasa. Karooooo is listed on NASDAQ, in the Software - Application industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
Do I need to buy a full Karooooo share?
No. You can buy part of one Karooooo share and add to your position over time. One share is $61.00, and you can buy whole shares or any fraction; there is no minimum trade size.
How are Karooooo dividends taxed for Indian investors?
Karooooo trades on NASDAQ but is domiciled in Singapore, so any withholding on its dividends follows that country's rules rather than those of the US. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell Karooooo shares?
The US does not levy capital gains tax on shares for Indian residents. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.