1. Cartrade Tech
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83% Buy

Cartrade Tech Share Price

CARTRADE

₹684.10+₹5.20 (0.77%) Past YearLast updated on 22 Apr, 2024 | 01:05 PM IST
₹673.20₹689.95
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Company overview

About

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Market cap

Market Cap Switch₹3,183 Cr

Open

₹685.00

Close

₹678.90

Circuit range

₹814.65 - ₹543.15

Day range

₹673.20 - ₹689.95

Year range

₹386.00 - ₹899.65

Volume

29,732

Avg. traded

₹682.27

Revenue (12m)

₹441 Cr

Cartrade Tech

CarTrade Tech is an Indian online auto platform where people engage in buying and selling both new and used vehicles. Founded in 2009, it is headquartered in Mumbai.

The market capitalisation of CarTrade Tech stood at more than ₹3,400 crore as of December 27, 2023. CarTrade share price has gained around 60% in the last one year.

Business operations

CarTrade Tech runs multiple brands on platforms such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto and OLX. These platforms facilitate transactions for new and used vehicle customers, dealerships, vehicle manufacturers and other businesses involved in buying and selling automobiles. The company witnesses over 3.4 crore monthly visitors across all its platforms.

CarWale serves customers seeking new or used cars, providing tools like reviews, price guides and connections to dealerships or original equipment manufacturers (OEMs). It's a hub for buyers, sellers and businesses to showcase vehicles and reach a wide audience. The manufacturers can also list their products and services on CarWale. It helps OEMs increase their brand presence and provides valuable consumer insights and data-driven solutions.

Car Trade Tech-owned OLX is India's largest online classifieds platform, connecting buyers and sellers across categories like auto, real estate and electronics. Users have the option to list their products for sale on the platform, enabling potential buyers to directly connect.

OLX Autos, an integral part of the OLX classifieds portal, is an online transaction platform specifically designed for consumers to effortlessly sell their used cars.

Shriram Automall offers quick solutions for selling vehicles to diverse entities like sellers, banks, dealers and leasing companies through online and offline auctions. With a widespread presence across India, Shriram Automall provides a comprehensive online-offline solution with over 130 automalls nationwide.

Adroit Auto specialises in inspections and valuations, assisting insurance and banking companies in evaluating automobiles for insurance coverage or loan collateral. Adroit Auto offers customised technology solutions to a range of partners including OEMs, banks, NBFCs, insurance firms, leasing companies and fleet owners. These applications are specifically designed based on the requirements of each business partner.

BikeWale is like CarWale but focuses on two-wheelers, aiding customers in their buying journey and providing finance solutions. The platform gives customers comprehensive content and research tools, including reviews, precise on-road prices, two-wheeler specifications, images and finance options. Customers looking for a new two-wheeler can indicate their interest and the platform facilitates connections with suitable new dealers.

CarTrade Infotech provides software solutions catering to dealership management, financing, digital presence and used vehicle trade.

CarTrade Ventures seeks to invest in innovative automotive tech and services, ensuring growth in the industry. Meanwhile, CarWale abSure (Absolutely Sure) is a used car platform ensuring quality through a stringent inspection process and offering guarantees for buyers and sellers.

Financial Highlights

  • CarTrade Tech's revenue from operations for FY23 stood at 363.73 crore, up 16% from ₹312.72 crore in the FY22.
  • The company reported a profit after tax of ₹40.43 crore in FY23 as against a loss of ₹121.35 crore in FY22.
  • In FY23, the earnings before interest, taxes, depreciation and amortisation (EBITDA) increased to ₹125 crore from the previous year's ₹97 crore.
  • The company's earnings per share (EPS) stood at ₹6.98 in FY23 compared to ₹- 31.75 in the previous financial year.

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Cartrade Tech Key indicators

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52 week high

₹899.65

52 week low

₹386.00

P/E ratio

47.86

P/B ratio

1.52

ROE

1.86%

ROCE

2.39%

Dividend yield

--

Debt/Equity ratio

EPS

6.96

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Investment checklist: (2/6)

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

83%

Hold

0%

Sell

17%

This analysis is based on the reviews of 6 experts in the last 7 days

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

33.91%

Net profit margin

20.81%

ROE

1.86%

ROA

1.67%

ROCE

2.39%

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Cartrade Tech Shareholder returns

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1 day

+1.03%

1 week

-5.35%

1 month

+5.48%

3 months

-6.24%

1 year

+73.50%

3 years

-54.77%

5 years

-54.77%

Revenue statement

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Cash flow

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Balance sheet

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Cartrade Tech Share Price history

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DayOpenCloseDay’s change
Fri, Apr 19 2024
₹672.40
₹678.90
+0.96%
Thu, Apr 18 2024
₹700.00
₹672.00
-4.17%
Tue, Apr 16 2024
₹695.00
₹701.10
+0.87%
Mon, Apr 15 2024
₹699.90
₹686.05
-2.02%
Fri, Apr 12 2024
₹714.65
₹705.25
-1.33%
Wed, Apr 10 2024
₹711.05
₹717.25
+0.86%
Tue, Apr 9 2024
₹718.95
₹717.10
-0.26%
Mon, Apr 8 2024
₹717.15
₹714.40
-0.38%

Shareholding info

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Promoters (0%)

Mutual Funds (2.2%)

Retail and other (23.68%)

Foreign institutions-FII (71.93%)

Other domestic institutions (2.18%)

Foreign institutions-FII

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Events

Empty state

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Frequently asked questions