As of 6 Nov 2026, Cartrade Tech trades at 58.4× trailing earnings, above the industry P/E of 24.5×, and the shares are 18% below their 52-week high. It earns ROCE of 11% and ROE of 9.7%, and sales and net profit grew 29% and 87% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹13,126 Cr, the largest of 8 Auto & Truck Dealerships companies by market cap; the shares fell 11% over the past year.
- ₹2,595.00
- ₹2,713.80
- ₹2,570.00
- ₹2,601.90
- 5.5 L
Health check
- ReturnsIn line
−10.9% over a year, better than 4 of 6 peers.
- Price tagPricier
P/E 58.4 vs industry 24.5.
- GrowthSteady
Sales +28.7%, profit +87.2% a year over 3 years.
- ProfitabilityAverage
ROCE 11.0% vs peer median 6.4%.
- Balance sheetSolid
Practically debt-free, Piotroski 7 of 9.
- Red flags1 to check
P/E of 58.4 against an industry P/E of 24.5.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹13,126 Cr
- Small cap
- P/E
- 58.4
- Industry 24.5
- Price to book
- 4.96
- Peers 0.70
- Dividend yield
- 0.00%
- ROE
- 9.7%
- Peers 2.7%
- ROCE
- 11.0%
- Peers 6.4%
- Debt to equity
- 0.05
- Debt ₹129 Cr
- EPS (TTM)
- ₹46.22
- Face value ₹10
- OPM (TTM)
- 34.9%
- Net margin 28.0%
- Sales growth
- +10.2%
- Latest quarter vs a year ago
- Profit growth
- −0.9%
- Latest quarter vs a year ago
- Price to sales
- 15.87
- EV/EBITDA 47.8
Strengths and risks
Strengths
- Practically debt-free.
- Net margin of 28.0%.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- P/E of 58.4 against an industry P/E of 24.5.
About Cartrade Tech
CarTrade Tech Limited operates digital automotive marketplaces and related technology platforms in India and internationally. It operates through three segments: Consumer, Remarketing, and Classifieds. The company provides services, including buying, selling, marketing, valuation, and financing of new and pre-owned vehicles. It also offers new car original equipment manufacturers (OEM) solutions that provide OEMs with consumer insights and data-driven…
- Headquarters
- Navi Mumbai
- Employees
- 1,152
- Sector
- Consumer Cyclical
- ISIN
- INE290S01011
- Website
- cartradetech.com
Price range
- Avg volume (3M)
- 5 L
- 1-year return
- minus 10.9%
- From 52-week high
- minus 17.9%
Analyst consensus
Peers · Auto & Truck Dealerships
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CARTRADECartrade Tech | 2,700.00 | plus 3.77% | 13,126 | 58.4 | 4.96 | 11.0% | 9.7% | 34.9% | 28.7% | 87.2% | 0.00% | minus 10.9% |
| LANDMARKLandmark Cars | 466.50 | minus 1.00% | 1,934 | 43.0 | 3.31 | 13.0% | 6.6% | 2.7% | 12.6% | −23.8% | 0.32% | minus 24.0% |
| PVSLPopular Vehicles and Services | 94.92 | minus 1.77% | 676 | – | 1.08 | 6.4% | −2.0% | 3.1% | 9.6% | – | 0.00% | minus 37.8% |
| COMPEAUCompetent Automobiles Company | 375.00 | plus 0.55% | 230 | 9.7 | 0.44 | – | 4.5% | 1.9% | – | – | 0.27% | plus 5.6% |
| RAJPUTANARajputana Biodiesel | 201.70 | plus 3.44% | 62 | – | – | 1.3% | 1.0% | −4.3% | 74.5% | −14.3% | – | – |
| KALYANIKalyani Commercials | 144.99 | 0.00% | 14 | 6.0 | – | 44.2% | 12.6% | 1.7% | 20.9% | −5.4% | 0.00% | plus 5.0% |
| NAKSHNaksh Precious Metals | 3.99 | minus 4.32% | 4 | – | 0.70 | −8.8% | −6.0% | −48.0% | 153.1% | – | 0.00% | minus 32.9% |
| SPECTRASpectra Industries | 3.86 | 0.00% | 3 | – | −0.05 | – | – | 0.0% | – | – | 0.00% | minus 24.6% |
| Median of 7 peers | – | 0.00% | 62 | 9.7 | 0.70 | 6.4% | 2.7% | 1.7% | 20.9% | −14.3% | 0.00% | −24.3% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|
| 173 | – | 210 | 203 | 201 | 213 | |
| 130 | – | 131 | 131 | 138 | 137 | |
| 43.5 | 82.8 | 78.2 | 71.6 | 63 | 76 | |
| 25.1% | – | 37.3% | 35.3% | 31.3% | 35.7% | |
| 25.5 | – | 7.4 | 7.7 | 11.6 | 8.5 | |
| 3 | – | 3.1 | 3.3 | 3.2 | 3 | |
| 9 | – | 9.4 | 10.9 | 10.8 | 10.7 | |
| – | 9.5 | 4.8 | 9.9 | 13.9 | 14.6 | |
| 56.9 | – | 78 | 75 | 74.5 | 85.4 | |
| 17.3% | – | 21.1% | 5.5% | 23.8% | 22.8% | |
| 42.9 | – | 55.9 | 64.6 | 51.2 | 59.5 | |
| 8.38 | – | 11.14 | 12.87 | 10.26 | 11.88 |
Profit & loss
- Sales CAGR 3Y
- +28.7%
- Profit CAGR 3Y
- +87.2%
- EPS CAGR 3Y
- +88.0%
- ROE
- 9.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 363 | 490 | 641 | 774 | |
| – | +34.8% | +31.0% | +20.8% | |
| 324 | 406 | 482 | 515 | |
| 39 | 83.3 | 160 | 260 | |
| 10.7% | 17.0% | 24.9% | 33.5% | |
| 12.7 | 18.5 | 27.2 | 45 | |
| 7.7 | 9.2 | 11.5 | 12.5 | |
| 28.7 | 39 | 40.9 | 38.7 | |
| 45.3 | 44.5 | 34 | 36.3 | |
| 60.6 | 98 | 168 | 290 | |
| 33.2% | 16.2% | 13.7% | 16.0% | |
| 34 | 14.3 | 135 | 223 | |
| – | minus 57.9% | +841.4% | +65.6% | |
| 6.71 | 2.81 | 26.42 | 44.60 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 46.8 | 46.9 | 47.4 | 47.9 | |
| 1,997 | 2,023 | 2,173 | 2,436 | |
| 86.4 | 112 | 131 | 140 | |
| 213 | 327 | 353 | 385 | |
| 2,343 | 2,510 | 2,705 | 3,009 | |
| 132 | 159 | 173 | 199 | |
| – | – | – | 1.6 | |
| 83.1 | 76.8 | 160 | 181 | |
| 1,027 | 674 | 794 | 1,037 | |
| 1,101 | 1,600 | 1,579 | 1,590 | |
| 2,343 | 2,510 | 2,705 | 3,009 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 48.2 | 15.9 | 171 | 257 | |
| −16.6 | −110 | −138 | −231 | |
| −39.1 | −32.9 | −26.8 | −23.4 | |
| −7.5 | −127 | 6.6 | 2.6 | |
| −7.1 | −2.9 | −5.4 | −26.6 | |
| 41.1 | 13 | 166 | 230 | |
| −5.3 | – | – | – |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 63.1% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.