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 ₹ 7,188 Cr.
- Current Price ₹ 1,514
- High / Low ₹ 1,889 / 754
- Stock P/E 96.5
- 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 3.34 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.
Peer comparison
Sector: Retail Industry: Miscellaneous
Part of BSE SmallCap BSE Allcap BSE Consumer Discretionary Nifty Microcap 250 Nifty Total Market
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: | 35% |
1 Year: | 73% |
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)-Analyst / Investor Meet - Intimation
5h - CarTrade to attend Nomura Investment Forum on June 3, 2025, discussing public info only.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
5h - Submission of Annual Secretarial Compliance Report for FY ended March 31, 2025.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - The officials of the Company will be attending the Investor Conference as per below details. Date & Time May 30, 2025 10:00 am (IST) onwards …
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
13 May - CarTrade Tech Q4 FY25: 28% revenue growth, 627% PAT rise, record margins, strong platform user base, positive outlook.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
7 May - Earnings call held on May 7, 2025, discussing audited FY25 results; presentation and audio uploaded online.
Annual reports
Concalls
-
May 2025Transcript PPT REC
-
Feb 2025Transcript PPT REC
-
Nov 2024Transcript PPT
-
Aug 2024Transcript PPT
-
May 2024Transcript PPT
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT
-
Aug 2023TranscriptPPT
-
Aug 2023Transcript PPT
-
Aug 2023TranscriptNotesPPT
-
May 2023Transcript PPT
-
Apr 2023TranscriptNotesPPT REC
-
Feb 2023Transcript PPT REC
-
Jan 2023TranscriptNotesPPT
-
Oct 2022Transcript PPT
-
Aug 2022Transcript PPT
-
May 2022Transcript PPT
-
May 2022TranscriptNotesPPT
-
Jan 2022Transcript PPT
-
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