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Cartrade Tech Ltd

(CARTRADE)

₹940.34.23%

as on 04:01PM, 19 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 5 analysts

BUY

80.00%

Buy

0.00%

Hold

20.00%

Sell

Based on 5 analysts offering long term price targets for Cartrade Tech Ltd. An average target of ₹982.4

Source: S&P Global Market Intelligence

Cartrade Tech Ltd Share analysis

Cartrade Tech Ltd price forecast by 5 analysts

Upside of0.06%

High

₹1150

Target

₹982.40

Low

₹575

Cartrade Tech Ltd target price ₹982.4, a slight upside of 0.06% compared to current price of ₹940.3. According to 5 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹929.05
    ₹992.5
  • 52 Week's Low

    52 Week's High

    ₹539.05
    ₹1,010.4
1 Month Return+ 11.13 %
3 Month Return+ 17.99 %
1 Year Return+ 73.71 %
Previous Close₹981.80
Open₹989.00
Volume2.38L
Upper Circuit-
Lower Circuit-
Market Cap₹4,643.92Cr

Key Statistics

P/E Ratio196.75
PEG Ratio-43.72
Market Cap₹4,643.92 Cr
P/B Ratio1.45
EPS4.26
Dividend Yield0
SectorRetail
ROE1.36

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹4,643.92 Cr-6.92%0.50₹19 Cr₹489 Cr
BUY₹2,524.29 Cr6.65%0.58₹57 Cr₹3,287 Cr
NA₹45.60 Cr-19.89%2.92-₹2,514 Cr₹2,993 Cr
NA₹27.13 Cr-0.77%0.50NA₹139 Cr
NA₹436.49 Cr88.02%0.82NANA

Company Information

CarTrade Tech Limited is an automotive digital ecosystem that connects automobile customers, OEMs, dealers, banks, insurance companies and other stakeholders. The company was incorporated in April 2000 as Kaymo Fastener Company Private Limited and was subsequently changed to MXC Solutions India Private Limited and CarTrade Tech Private Limited in 2009 and 2021 respectively. The company was converted to a public company in April 2021 and is currently owned and operated under several brands such as CarTrade, Carwale and AutoBiz. In August 2021, the company went through an IPO and issued 18,532,216 equity shares of Rs 10 each at a price of Rs 1618 per share aggregating to Rs 2998.15 crore. These shares were listed on the BSE Ltd and the National Stock Exchange of India (NSE) on the 20 August 2021. By using the company’s platforms, customers, dealerships, OEMs and other businesses can easily buy and sell their vehicles.

Share Price: ₹940.30 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹4,643.92Cr as of today
Revenue: ₹141.18Cr as on June 2024 (Q2 24)
Net Profit: ₹22.90Cr as on June 2024 (Q2 24)
Listing date: 20 Aug, 2021
Chairperson Name: Vinay Vinod Sanghi
OrganisationCartrade Tech Ltd
Headquarters
IndustryRetail
E-voting on sharesClick here to vote

Key events for Cartrade Tech Ltd

  • HDFC Securities Recommends Buy on Cartrade Tech - 07 Aug, 2024

    Vinay Rajani of HDFC Securities recommends buying Cartrade Tech at Rs 893.40 with a target of Rs 968 and a stop-loss at Rs 860, citing bullish trends and strong indicators.

  • Nomura Recommends Buy for CarTrade Tech Ltd - 31 Jul, 2024

    Nomura has recommended a buy call for CarTrade Tech Ltd with a target of Rs 1,112 per share. The company is on track to capitalize on strong potential in OLX and Q1 EBITDA was ahead across segments with margin tailwinds in place. The stock trades at 22x FY26 EV/EBITDA (factoring in 51% stake in SAMIL), which Nomura thinks is attractive.

  • CarTrade Tech Q1 Revenue Jumps 46% YoY - 30 Jul, 2024

    CarTrade Tech reported a 46% YoY increase in revenue for Q1 2024, with sales reaching INR 1,411.78 million and net income at INR 222.58 million.

Insights on Cartrade Tech Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 4.21% to 9.98% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 23.83% to 37.97% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 25.33% to 27.78% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Zomato Ltd has given 175.9% return, outperforming this stock by 102.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Zomato Ltd has given 105.4% return, outperforming this stock by 136.0%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, CARTRADE stock has moved down by -30.6%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 22.52 Cr → 22.26 Cr (in ₹), with an average decrease of 1.2% per quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 162.17 Cr → 156.7 Cr (in ₹), with an average decrease of 3.4% per quarter

Cartrade Tech Ltd Infographics

Performance of India's New Age Stocks

Cartrade Tech's stock performance since start of the year 2023 has increased to 7% in comparison to over a 1-month return of only 5%!

  • Cartrade Tech's stock performance since start of the year 2023 has increased to 7% in comparison to over a 1-month return of only 5%!

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹86.07Cr (-)₹120.01Cr (↑39.43%)₹138.59Cr (↑15.48%)₹145.28Cr (↑4.83%)₹141.18Cr (↓2.82%)
Net Income₹13.51Cr (-)₹5.04Cr (↓62.69%)-₹23.55Cr (↓567.26%)₹24.97Cr (↓206.03%)₹22.90Cr (↓8.29%)
Net Profit Margin15.70% (-)4.20% (↓73.25%)-16.99% (↓504.52%)17.19% (↓201.18%)16.22% (↓5.64%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,811.87Cr (-)₹2,140.12Cr (↑18.12%)₹2,225.14Cr (↑3.97%)₹2,278.00Cr (↑2.38%)
Total Liabilities₹161.69Cr (-)₹204.77Cr (↑26.64%)₹226.69Cr (↑10.70%)₹219.75Cr (↓3.06%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹0.90Cr (-)₹14.83Cr (↑1,547.78%)₹16.16Cr (↑8.97%)₹7.98Cr (↓50.62%)₹11.74Cr (↑47.12%)

Index Inclusions

BSE Small-Cap

₹56,312.66

-1.06 (-603.27%)

S&P BSE AllCap

₹11,001.59

-0.22 (-24.68%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
0%
0.00
Foreign Institutions
37.97%
59.32
Mutual Funds
9.98%
136.91
Retail Investors
27.78%
9.65
Others
24.27%
-47.94

Key Indicators

Details2020202120232024
Return On Equity %0.694.841.541.36
Details20202021202220232024
Return On Assets %1.715.11-6.171.530.63
Details202220232024
Book Value Per Share (₹)424.53436.22441.48
Details202220232024
Earning Per Share (₹)-26.038.634.26

Cartrade Tech Ltd Valuation

Cartrade Tech Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-385.42x)

February 16, 2023

Industry (58.92x)

September 18, 2024

Today (196.75x)

September 18, 2024

Highest (552.20x)

February 29, 2024

LowHigh

Earnings and Dividends

  • Cartrade Tech Ltd Earnings Results

    Cartrade Tech Ltd’s net profit jumped 71.23% since last year same period to ₹22.26Cr in the Q1 2024-2025. On a quarterly growth basis, Cartrade Tech Ltd has generated -1.15% fall in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Cartrade Tech Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Cartrade Tech Ltd shares.

Cartrade Tech Ltd (CARTRADE) share price today is ₹940.3

Cartrade Tech Ltd is listed on NSE

Cartrade Tech Ltd is listed on BSE

  • Today’s highest price of Cartrade Tech Ltd is ₹992.5.
  • Today’s lowest price of Cartrade Tech Ltd is ₹929.05.

PE Ratio of Cartrade Tech Ltd is 196.75

PE ratio = Cartrade Tech Ltd Market price per share / Cartrade Tech Ltd Earnings per share

Today’s traded volume of Cartrade Tech Ltd(CARTRADE) is 2.38L.

Today’s market capitalisation of Cartrade Tech Ltd(CARTRADE) is ₹4643.92Cr.

Cartrade Tech Ltd(CARTRADEPrice
52 Week High
₹1010.4
52 Week Low
₹539.05

Cartrade Tech Ltd(CARTRADE) share price is ₹940.3. It is down -6.94% from its 52 Week High price of ₹1010.4

Cartrade Tech Ltd(CARTRADE) share price is ₹940.3. It is up 74.44% from its 52 Week Low price of ₹539.05

Cartrade Tech Ltd(CARTRADEReturns
1 Day Returns
-41.5%
1 Month Returns
11.13%
3 Month Returns
17.99%
1 Year Returns
73.71%