Cartrade Tech Ltd
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]
- Market Cap ₹ 8,048 Cr.
- Current Price ₹ 1,695
- High / Low ₹ 1,889 / 804
- Stock P/E 108
- Book Value ₹ 453
- Dividend Yield 0.00 %
- ROCE 4.34 %
- ROE 3.54 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 49.6% CAGR over last 5 years
- Company's median sales growth is 25.5% of last 10 years
Cons
- Stock is trading at 3.75 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 2.27% over last 3 years.
- Earnings include an other income of Rs.40.8 Cr.
- Working capital days have increased from 377 days to 972 days
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
15 | 23 | 25 | 29 | 92 | 120 | 93 | 125 | 157 | 187 | 238 | |
90 | 176 | 65 | 53 | 104 | 123 | 88 | 303 | 160 | 171 | 177 | |
Operating Profit | -76 | -153 | -40 | -24 | -11 | -2 | 5 | -178 | -3 | 16 | 60 |
OPM % | -521% | -665% | -160% | -83% | -12% | -2% | 5% | -143% | -2% | 9% | 25% |
8 | 20 | 27 | 30 | 20 | 17 | 20 | 32 | 56 | 46 | 41 | |
Interest | 0 | -0 | -0 | -0 | 0 | 1 | 0 | 1 | 1 | 1 | 1 |
Depreciation | 0 | 1 | 0 | 0 | 1 | 5 | 5 | 5 | 6 | 8 | 10 |
Profit before tax | -68 | -134 | -13 | 6 | 7 | 9 | 20 | -152 | 46 | 54 | 91 |
Tax % | -0% | 0% | -0% | 19% | 11% | -10% | -292% | -4% | 30% | 21% | 18% |
-68 | -134 | -13 | 5 | 6 | 10 | 79 | -146 | 33 | 42 | 74 | |
EPS in Rs | -215.45 | -423.21 | -37.86 | 13.45 | 18.00 | 29.54 | 221.55 | -31.33 | 6.96 | 9.00 | 15.70 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 32% |
5 Years: | 15% |
3 Years: | 24% |
TTM: | 27% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 50% |
3 Years: | 36% |
TTM: | 136% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 43% |
1 Year: | 111% |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | 1% |
3 Years: | 2% |
Last Year: | 4% |
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 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 47 | 47 | 47 | 47 |
Reserves | 149 | 960 | 1,221 | 1,229 | 1,188 | 1,206 | 1,608 | 1,889 | 1,952 | 2,011 | 2,103 |
14 | 31 | 35 | 35 | 35 | 39 | 43 | 8 | 6 | 7 | 8 | |
16 | 19 | 17 | 20 | 36 | 29 | 31 | 34 | 31 | 33 | 45 | |
Total Liabilities | 182 | 1,013 | 1,276 | 1,288 | 1,262 | 1,277 | 1,686 | 1,977 | 2,035 | 2,099 | 2,204 |
1 | 1 | 1 | 0 | 786 | 790 | 792 | 797 | 795 | 800 | 800 | |
CWIP | -0 | -0 | -0 | -0 | 0 | -0 | 0 | -0 | -0 | -0 | -0 |
Investments | 140 | 839 | 1,083 | 1,258 | 408 | 423 | 767 | 1,017 | 1,111 | 1,162 | 1,265 |
41 | 173 | 192 | 29 | 68 | 64 | 127 | 163 | 130 | 137 | 139 | |
Total Assets | 182 | 1,013 | 1,276 | 1,288 | 1,262 | 1,277 | 1,686 | 1,977 | 2,035 | 2,099 | 2,204 |
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 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
-16 | 0 | 1 | 15 | 16 | 8 | 12 | 67 | ||||
18 | 8 | -1 | -329 | -251 | -17 | -10 | -68 | ||||
-0 | -0 | -4 | 317 | 244 | -1 | -5 | 1 | ||||
Net Cash Flow | 2 | 9 | -4 | 3 | 8 | -10 | -3 | -0 |
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 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 88 | 131 | 71 | 42 | 106 | 95 | 120 | 62 | 84 | 97 | 98 |
Inventory Days | 0 | 51 | |||||||||
Days Payable | 235 | 391 | |||||||||
Cash Conversion Cycle | 88 | 131 | 71 | 42 | 106 | -139 | 120 | -278 | 84 | 97 | 98 |
Working Capital Days | 16 | 2,341 | 2,519 | 56 | 57 | 69 | 75 | 29 | 75 | 85 | 972 |
ROCE % | -26% | -3% | -1% | -1% | 1% | 1% | -8% | 2% | 2% | 4% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 8h
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 15h
- Closure of Trading Window 2d
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
25 Jun - Investor group meeting intimation on June 30, 2025 at Mumbai
- Announcement under Regulation 30 (LODR)-Investor Presentation 25 Jun
Annual reports
Concalls
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Jun 2025TranscriptNotesPPT
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Jan 2022Transcript PPT
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Nov 2021Transcript PPT
Multi-Channel Auto platform [1]
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. Carwale, Bikewale, Cartrade