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 ₹ 14,113 Cr.
- Current Price ₹ 2,900
- High / Low ₹ 3,291 / 1,523
- Stock P/E 59.3
- Book Value ₹ 519
- Dividend Yield 0.00 %
- ROCE 11.8 %
- ROE 9.65 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 19.7% CAGR over last 5 years
- Company's median sales growth is 23.9% of last 10 years
Cons
- Stock is trading at 5.59 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 5.63% over last 3 years.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 33 | 78 | 243 | 298 | 250 | 313 | 364 | 490 | 641 | 779 | 807 | |
| 195 | 131 | 213 | 258 | 210 | 446 | 330 | 410 | 490 | 522 | 531 | |
| Operating Profit | -162 | -53 | 30 | 40 | 40 | -133 | 34 | 80 | 152 | 258 | 276 |
| OPM % | -499% | -68% | 12% | 14% | 16% | -43% | 9% | 16% | 24% | 33% | 34% |
| 18 | 20 | 24 | 20 | 32 | 46 | 64 | 3 | 70 | 84 | 84 | |
| Interest | 0 | 0 | 3 | 4 | 5 | 7 | 9 | 10 | 12 | 13 | 13 |
| Depreciation | 1 | 3 | 15 | 17 | 20 | 25 | 29 | 37 | 41 | 39 | 40 |
| Profit before tax | -146 | -37 | 35 | 39 | 47 | -119 | 61 | 36 | 168 | 290 | 307 |
| Tax % | 0% | 0% | 27% | 20% | -120% | 2% | 33% | 44% | 14% | 16% | |
| -146 | -37 | 26 | 31 | 103 | -121 | 40 | 20 | 145 | 244 | 253 | |
| EPS in Rs | -461.48 | -107.09 | 48.39 | 63.43 | 258.07 | -28.33 | 7.26 | 3.05 | 28.38 | 46.58 | 48.37 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 37% |
| 5 Years: | 26% |
| 3 Years: | 29% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 20% |
| 3 Years: | 89% |
| TTM: | 53% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 74% |
| 1 Year: | 18% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 6% |
| Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 4 | 47 | 47 | 47 | 47 | 48 |
| Reserves | 948 | 1,185 | 1,193 | 1,224 | 1,638 | 1,933 | 1,997 | 2,023 | 2,173 | 2,436 |
| 31 | 35 | 68 | 77 | 93 | 77 | 86 | 112 | 131 | 140 | |
| 39 | 28 | 159 | 163 | 189 | 220 | 210 | 326 | 353 | 385 | |
| Total Liabilities | 1,021 | 1,252 | 1,424 | 1,467 | 1,924 | 2,276 | 2,340 | 2,508 | 2,705 | 3,009 |
| 792 | 789 | 1,010 | 1,016 | 1,022 | 1,041 | 1,042 | 1,489 | 1,497 | 1,522 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Investments | 165 | 405 | 287 | 295 | 645 | 884 | 985 | 510 | 614 | 910 |
| 65 | 58 | 127 | 157 | 255 | 351 | 312 | 509 | 594 | 576 | |
| Total Assets | 1,021 | 1,252 | 1,424 | 1,467 | 1,924 | 2,276 | 2,340 | 2,508 | 2,705 | 3,009 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -50 | 35 | 17 | 35 | 63 | 48 | 16 | 171 | 257 | ||
| -222 | -20 | -8 | -341 | -281 | -17 | 13 | -138 | -231 | ||
| 269 | -5 | -11 | 308 | 229 | -39 | -33 | -27 | -23 | ||
| Net Cash Flow | -3 | 9 | -2 | 2 | 12 | -7 | -4 | 7 | 3 | |
| Free Cash Flow | -50 | 33 | 12 | 30 | 57 | 41 | 13 | 166 | 231 | |
| CFO/OP | 99% | 174% | 65% | 114% | -58% | 149% | 37% | 113% | 109% |
Ratios
Consolidated / View Standalone
| Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 197 | 99 | 54 | 57 | 69 | 48 | 52 | 55 | 49 | 44 |
| Inventory Days | 0 | |||||||||
| Days Payable | 417 | |||||||||
| Cash Conversion Cycle | 197 | 99 | 54 | -359 | 69 | 48 | 52 | 55 | 49 | 44 |
| Working Capital Days | 148 | 108 | -25 | 35 | 35 | -19 | -10 | -24 | 1 | 15 |
| ROCE % | -5% | 2% | 3% | -6% | 3% | 4% | 8% | 12% |
Insights
In beta| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| OLX India Annual Listings million |
|
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| OLX India Yearly Unique Users million |
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| Remarketing Auction Listings (Vehicle) listings |
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| Remarketing Vehicles Auctioned (Volume) vehicles |
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| Total Physical Locations (Automall + abSure + OLX outlets) count |
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| OLX India Used Car Listings Market Share % |
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Extracted by Screener AI
Documents
Announcements
- Closure of Trading Window
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- CarTrade Tech's 26th AGM resolutions passed on September 25, 2026, including FY26 accounts and related-party transaction approval.
- Shareholder Meeting / Postal Ballot-Outcome of AGM
- Announcement under Regulation 30 (LODR)-Investor Presentation
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- OLX India and Landmark Cars partner to launch a phygital pre-owned car platform across India.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2022
from web
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Annual Report 2022
from nse
Concalls
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Sep 2026PPT
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Aug 2026Transcript PPT
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Jun 2026PPT
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May 2026Transcript PPT
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Mar 2026PPT
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Sep 2025PPT
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Aug 2025Transcript PPT
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Jun 2025PPT
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript
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Aug 2023Transcript PPT
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Aug 2023PPT
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May 2023Transcript PPT
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Apr 2023PPT REC
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Feb 2023Transcript PPT REC
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Jan 2023PPT
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Oct 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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May 2022PPT
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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