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Cartrade Tech Ltd share price logo

Cartrade Tech Ltd

(CARTRADE)

₹1273.62.51%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Cartrade Tech Ltd 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 ₹1129

Source: S&P Global Market Intelligence

Cartrade Tech Ltd Share analysis

Cartrade Tech Ltd price forecast by 5 analysts

Downside of-13.58%

High

₹1278

Target

₹1129.00

Low

₹700

Cartrade Tech Ltd target price ₹1129, a slight downside of -13.58% compared to current price of ₹1273.6. According to 5 analysts rating.

Source: S&P Global Market Intelligence

Cartrade Tech Ltd Performance

  • Day's Low

    Day's High

    ₹1,185.55
    ₹1,305.6
  • 52 Week's Low

    52 Week's High

    ₹623.9
    ₹1,305.6
1 Month Return+ 30.45 %
3 Month Return+ 41.59 %
1 Year Return+ 63.29 %
Previous Close₹1,306.35
Open₹1,305.00
Volume8.97L
Upper Circuit-
Lower Circuit-
Market Cap₹6,179.05Cr

Cartrade Tech Ltd Key Statistics

P/E Ratio127.45
PEG Ratio148.2
Market Cap₹6,179.05 Cr
P/B Ratio1.45
EPS4.26
Dividend Yield0
SectorRetail
ROE1.36

Cartrade Tech Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹6,179.05 Cr-2.59%0.50₹19 Cr₹489 Cr
NA₹49.17 Cr45.7%0.68NANA
BUY₹8,832.14 Cr-6.82%0.54₹65 Cr₹5,624 Cr
NA₹5.87 Cr-9.95%0.50NANA
BUY₹5,819.25 Cr3.28%0.51₹39 Cr₹3,922 Cr

About Cartrade Tech Ltd

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: ₹1273.60 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹6,179.05Cr as of today
Revenue: ₹154.21Cr as on September 2024 (Q3 24)
Net Profit: ₹30.73Cr as on September 2024 (Q3 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

  • Cartrade Tech Ltd Hits 52-Week High Amid Strong Growth - 06 Nov, 2024

    Cartrade Tech Ltd's stock surged 6% to a 52-week high of ₹1,190, driven by strong quarterly performance and festive demand. Q2 FY25 revenue rose to ₹154 crore, with PAT increasing to ₹31 crore. The company anticipates 30% YoY growth in Q3, reflecting robust market performance.

  • CarTrade Tech Achieves Record Festive Season Performance - 05 Nov, 2024

    CarTrade Tech Limited's Consumer Group, including CarWale and BikeWale, celebrated a strong festive season in October 2024, anticipating 30% YoY revenue growth and a 36% increase in unique customers.

  • CarTrade Tech Reports Mixed Financial Results and Target Price Increase - 29 Oct, 2024

    CarTrade Tech's standalone net sales rose 22.85% in September 2024, while consolidated sales fell 50.94%. Nomura raised its target price to Rs 1,278, highlighting growth potential amid slowing auto sales.

  • CarTrade Tech Reports Stellar Q2 Earnings Growth - 28 Oct, 2024

    CarTrade Technologies announced a remarkable Q2 FY25, with profit soaring 509% to Rs 30.72 crore and revenue increasing 28% to Rs 154.2 crore. The company achieved its highest-ever quarterly revenue of Rs 172 crore, reflecting strong operational performance and a robust cash balance.

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

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 156.7 Cr → 172.23 Cr (in ₹), with an average increase of 9.0% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 9.98% to 18.51% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, CARTRADE stock has moved up by 10.4%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 37.97% to 39.66% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 22.26 Cr → 27.88 Cr (in ₹), with an average increase of 20.2% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Zomato Ltd has given 132.9% return, outperforming this stock by 69.6%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Zomato Ltd has given 81.2% return, outperforming this stock by 51.0%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 27.78% to 26.36% in Sep 2024 quarter

Cartrade Tech Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹120.01Cr (-)₹138.59Cr (↑15.48%)₹145.28Cr (↑4.83%)₹141.18Cr (↓2.82%)₹154.21Cr (↑9.23%)
Net Income₹5.04Cr (-)-₹23.55Cr (↓567.26%)₹24.97Cr (↓206.03%)₹22.90Cr (↓8.29%)₹30.73Cr (↑34.19%)
Net Profit Margin4.20% (-)-16.99% (↓504.52%)17.19% (↓201.18%)16.22% (↓5.64%)19.93% (↑22.87%)
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

₹52,141.15

-0.67 (-349.79%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Cartrade Tech Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
0%
0.00
Foreign Institutions
39.66%
4.45
Mutual Funds
18.51%
85.46
Retail Investors
26.36%
-5.11
Others
15.47%
-36.26

Cartrade Tech Ltd 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 (-287.71x)

November 19, 2024

Today (127.45x)

November 19, 2024

Highest (552.20x)

February 29, 2024

LowHigh

Cartrade Tech Ltd Earnings and Dividends

  • Cartrade Tech Ltd Earnings Results

    Cartrade Tech Ltd’s net profit jumped 826.25% since last year same period to ₹27.88Cr in the Q2 2024-2025. On a quarterly growth basis, Cartrade Tech Ltd has generated 25.25% jump in its net profits since last 3-months.

    Read More about Earnings Results

Cartrade Tech Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

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

FAQs on Cartrade Tech Ltd

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Cartrade Tech Ltd (CARTRADE) share price today is ₹1273.6

Cartrade Tech Ltd is listed on NSE

Cartrade Tech Ltd is listed on BSE

  • Today’s highest price of Cartrade Tech Ltd is ₹1305.6.
  • Today’s lowest price of Cartrade Tech Ltd is ₹1185.55.

PE Ratio of Cartrade Tech Ltd is 127.45

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 8.97L.

Today’s market capitalisation of Cartrade Tech Ltd(CARTRADE) is ₹6179.05Cr.

Cartrade Tech Ltd(CARTRADEPrice
52 Week High
₹1305.6
52 Week Low
₹623.9

Cartrade Tech Ltd(CARTRADE) share price is ₹1273.6. It is down -2.45% from its 52 Week High price of ₹1305.6

Cartrade Tech Ltd(CARTRADE) share price is ₹1273.6. It is up 104.14% from its 52 Week Low price of ₹623.9

Cartrade Tech Ltd(CARTRADEReturns
1 Day Returns
-32.75%
1 Month Returns
30.45%
3 Month Returns
41.59%
1 Year Returns
63.29%