Cartrade Tech Ltd

Cartrade Tech Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Cartrade Tech Ltd

₹ 699 2.01%
23 Apr - close price
cartradetech.com BSE: 543333 NSE : CARTRADE
About

CarTrade Tech Ltd is a multi-channel auto platform provider company with coverage and presence across vehicle types and Value Added Services. The company operates various brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz. The platform connects new and used automobile customers, vehicle dealers, vehicle OEMs, and other businesses to buy and sell different types of vehicles. The company offers a variety of solutions across automotive transactions for buying, selling, marketing, financing, and other activities.[1]

Key Points

Multi-Channel Auto platform
Consumer Group: The company provides Online Platforms for customers, dealers, and OEMs, to buy and sell new and used vehicles seamlessly. Powered by tech-enabled ERP and CRM solutions.
Remarketing Group: It provides Online-offline auction platform used by consumers, business sellers, dealers, and fleet owners. Also, Inspection and valuation services for
insurance companies, banks, and other financial institutions.[1]

Website BSE NSE
  • Market Cap ₹ 3,279 Cr.
  • Current Price ₹ 699
  • High / Low ₹ 900 / 386
  • Stock P/E 76.1
  • Book Value ₹ 433
  • Dividend Yield 0.00 %
  • ROCE 2.38 %
  • ROE 1.66 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 30.6% CAGR over last 5 years

Cons

  • Company has a low return on equity of -0.68% over last 3 years.
  • Earnings include an other income of Rs.52.7 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Retail Industry: Miscellaneous

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
30.62 31.01 22.37 31.57 34.43 36.48 34.81 37.08 42.00 42.79 42.85 45.28 49.42
22.51 25.81 71.52 75.07 77.43 79.34 38.74 39.34 40.00 41.73 44.10 43.29 42.38
Operating Profit 8.11 5.20 -49.15 -43.50 -43.00 -42.86 -3.93 -2.26 2.00 1.06 -1.25 1.99 7.04
OPM % 26.49% 16.77% -219.71% -137.79% -124.89% -117.49% -11.29% -6.09% 4.76% 2.48% -2.92% 4.39% 14.25%
5.99 7.31 7.17 7.57 7.36 10.02 7.21 17.86 15.25 15.92 17.44 11.38 7.98
Interest 0.04 0.08 0.09 0.20 0.24 0.14 0.19 0.15 0.13 0.13 0.16 0.12 0.09
Depreciation 1.22 1.18 1.23 1.19 1.28 1.18 1.49 1.52 1.48 1.63 1.94 2.07 1.99
Profit before tax 12.84 11.25 -43.30 -37.32 -37.16 -34.16 1.60 13.93 15.64 15.22 14.09 11.18 12.94
Tax % 12.38% 9.24% -2.49% -8.74% 20.78% 7.26% -5.00% 46.37% 24.42% 23.65% 12.35% 9.03% 30.83%
11.25 10.21 -44.37 -40.58 -29.43 -31.68 1.68 7.47 11.82 11.63 12.34 10.17 8.95
EPS in Rs 31.83 28.49 -66.85 -8.85 -6.33 -6.79 0.36 1.60 2.53 2.48 2.63 2.17 1.91
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
15 23 25 29 92 120 93 125 157 180
90 176 65 53 104 123 88 303 160 172
Operating Profit -76 -153 -40 -24 -11 -2 5 -178 -3 9
OPM % -521% -665% -160% -83% -12% -2% 5% -143% -2% 5%
8 20 27 30 20 17 20 32 56 53
Interest 0 -0 -0 -0 0 1 0 1 1 0
Depreciation 0 1 0 0 1 5 5 5 6 8
Profit before tax -68 -134 -13 6 7 9 20 -152 46 53
Tax % 0% -0% -0% 19% 11% -10% -292% 4% 30%
-68 -134 -13 5 6 10 79 -146 33 43
EPS in Rs -215.45 -423.21 -37.86 13.45 18.00 29.54 221.55 -31.33 6.96 9.19
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: %
5 Years: 40%
3 Years: 9%
TTM: 20%
Compounded Profit Growth
10 Years: %
5 Years: 31%
3 Years: 49%
TTM: 502%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 80%
Return on Equity
10 Years: %
5 Years: 0%
3 Years: -1%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 3 3 3 3 3 3 4 47 47 47
Reserves 149 960 1,221 1,229 1,188 1,206 1,608 1,889 1,952 1,983
Preference Capital 14 31 35 35 35 35 39 -0 -0
-0 -0 -0 -0 -0 5 5 8 6 5
30 50 52 55 71 64 70 34 31 33
Total Liabilities 182 1,013 1,276 1,288 1,262 1,277 1,686 1,977 2,035 2,067
1 1 1 0 786 790 792 797 795 797
CWIP -0 -0 -0 -0 0 -0 0 -0 -0 -0
Investments 140 839 1,083 1,258 408 423 767 1,017 1,111 1,105
41 173 192 29 68 64 127 163 130 165
Total Assets 182 1,013 1,276 1,288 1,262 1,277 1,686 1,977 2,035 2,067

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-16 0 1 15 16 8
18 8 -1 -329 -251 -17
-0 -0 -4 317 244 -1
Net Cash Flow 2 9 -4 3 8 -10

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 88 131 71 42 106 95 120 62 84
Inventory Days 0 51
Days Payable 235 391
Cash Conversion Cycle 88 131 71 42 106 -139 120 -278 84
Working Capital Days 16 2,341 2,519 56 57 69 75 29 75
ROCE % -26% -3% -1% -1% 1% 1% -8% 2%

Shareholding Pattern

Numbers in percentages

12 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
16.03% 17.21% 17.55% 19.55% 21.49% 72.47% 69.95% 69.69% 70.14% 71.93% 69.71%
8.18% 7.46% 6.20% 5.44% 5.25% 5.37% 4.51% 4.61% 4.52% 4.38% 4.96%
75.79% 75.33% 76.25% 75.01% 73.26% 22.14% 25.55% 25.69% 25.33% 23.68% 25.33%
No. of Shareholders 5,24,3054,58,4824,24,6424,01,5813,80,6373,67,9343,54,6713,43,3913,26,4173,05,5932,89,384

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Concalls