CARTRADE

Cartrade Tech Limited

Digital marketplaces for new and used vehicles in India

Consumer Discretionary›Consumer Services›Retailing›E-Retail/ E-Commerce

cartradetech.com(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹3011.40
Market cap
14,435 Cr
Stock P/E
62.4
P/B
5.80
Dividend yield
0.0%
ROE (FY26)
8.5%
ROCE (FY26)
11.5%
Operating margin (FY26)
28.0%
OCF / EBITDA (FY26)
100.0%
OCF / EBITDA (3Y)
91.2%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

CarTrade Tech runs automotive marketplaces in India: its consumer sites CarWale and BikeWale for car and bike buyers, OLX India classifieds, and a remarketing (vehicle auction) business.

Company snapshot

6thBy market cap

Ranked among 12 companies in E-Retail/ E-Commerce.

Segment mix

Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.

Largest segment: 36.9% of revenue

SegmentRevenue shareRevenuePBTAssets
Classifieds
30.6%
144 Cr37 Cr—
Consumer
36.9%
174 Cr51 Cr—
Remarketing
32.6%
154 Cr32 Cr—

What we see

Positives
  • ✓Net margin of 31.2% — the business keeps a healthy share of every rupee it earns.
2 more signals from the filings.Sign in free to see them all

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales314 Cr139 Cr145 Cr141 Cr154 Cr176 Cr170 Cr173 Cr193 Cr210 Cr203 Cr201 Cr
Operating expenses (approx.)303 Cr113 Cr118 Cr120 Cr122 Cr126 Cr123 Cr130 Cr130 Cr131 Cr131 Cr138 Cr
EBITDA12 Cr25 Cr27 Cr22 Cr33 Cr50 Cr46 Cr44 Cr64 Cr78 Cr72 Cr63 Cr
OPM %3.7%18.3%18.8%15.3%21.2%28.4%27.2%25.1%32.9%37.3%35.3%31.3%
Other income16 Cr13 Cr15 Cr15 Cr18 Cr17 Cr20 Cr25 Cr29 Cr19 Cr18 Cr29 Cr
Interest2 Cr2 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr
Depreciation10 Cr10 Cr10 Cr10 Cr11 Cr11 Cr10 Cr9 Cr9 Cr9 Cr11 Cr11 Cr
Profit before tax16 Cr-19 Cr31 Cr24 Cr37 Cr53 Cr53 Cr57 Cr80 Cr78 Cr75 Cr75 Cr
Tax %16.4%-25.6%20.2%6.5%17.3%14.7%13.5%17.3%19.8%21.1%5.5%23.8%
Net profit13 Cr-24 Cr25 Cr23 Cr31 Cr46 Cr46 Cr47 Cr64 Cr62 Cr71 Cr57 Cr
EPS (₹)₹2.33₹-5.17₹4.80₹4.72₹5.90₹8.95₹8.82₹9.03₹12.56₹11.70₹13.50₹10.69

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales243 Cr298 Cr250 Cr313 Cr364 Cr490 Cr641 Cr779 CrSign in free for the trailing twelve months
Operating expenses (approx.)214 Cr259 Cr210 Cr447 Cr331 Cr411 Cr491 Cr522 CrSign in free for the trailing twelve months
EBITDA30 Cr40 Cr39 Cr-134 Cr33 Cr79 Cr151 Cr257 CrSign in free for the trailing twelve months
OPM %12.1%13.3%15.8%-42.9%9.1%16.2%23.5%33.0%Sign in free for the trailing twelve months
Other income24 Cr20 Cr32 Cr46 Cr64 Cr65 Cr70 Cr91 CrSign in free for the trailing twelve months
Interest2 Cr3 Cr4 Cr6 Cr8 Cr9 Cr12 Cr12 CrSign in free for the trailing twelve months
Depreciation15 Cr17 Cr20 Cr25 Cr29 Cr37 Cr41 Cr39 CrSign in free for the trailing twelve months
Profit before tax35 Cr39 Cr47 Cr-119 Cr61 Cr36 Cr168 Cr290 CrSign in free for the trailing twelve months
Tax %26.9%19.6%-115.2%-1.9%33.2%44.3%13.7%16.0%Sign in free for the trailing twelve months
Net profit26 Cr31 Cr101 Cr-121 Cr40 Cr20 Cr145 Cr244 CrSign in free for the trailing twelve months
EPS (₹)₹4.31₹5.65₹22.06₹-28.72₹7.28₹3.05₹28.48₹46.80Sign in free for the trailing twelve months
Dividend payout %————13.2%0.0%0.0%0.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital3 Cr3 Cr4 Cr47 Cr47 Cr47 Cr47 Cr48 Cr
Reserves1,228 Cr1,259 Cr1,677 Cr1,933 Cr1,997 Cr2,023 Cr2,173 Cr2,436 Cr
Borrowings————————
Other liabilities140 Cr138 Cr168 Cr206 Cr221 Cr353 Cr379 Cr391 Cr
Total liabilities1,427 Cr1,470 Cr1,930 Cr2,281 Cr2,343 Cr2,510 Cr2,705 Cr3,009 Cr
Fixed assets (net)48 Cr50 Cr51 Cr53 Cr55 Cr58 Cr173 Cr197 Cr
CWIP—0.19 Cr0.49 Cr0.37 Cr0 Cr——1 Cr
Investments287 Cr295 Cr645 Cr884 Cr985 Cr510 Cr614 Cr910 Cr
Loans & advances———28 Cr3 Cr0 Cr0 Cr0 Cr
Inventories0.94 Cr0.02 Cr2 Cr1 Cr0 Cr0 Cr0 Cr0 Cr
Trade receivables36 Cr47 Cr47 Cr41 Cr52 Cr73 Cr87 Cr93 Cr
Cash & bank22 Cr20 Cr22 Cr34 Cr26 Cr22 Cr29 Cr31 Cr
Other assets1,034 Cr1,060 Cr1,162 Cr1,239 Cr1,222 Cr1,846 Cr1,803 Cr1,776 Cr
Total assets1,427 Cr1,470 Cr1,930 Cr2,281 Cr2,343 Cr2,510 Cr2,705 Cr3,009 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity35 Cr17 Cr35 Cr63 Cr48 Cr16 Cr171 Cr257 Cr
Cash from investing-18 Cr-8 Cr-341 Cr-281 Cr-17 Cr13 Cr-138 Cr-231 Cr
Cash from financing-8 Cr-11 Cr308 Cr229 Cr-39 Cr-33 Cr-27 Cr-23 Cr
Net cash flow9 Cr-2 Cr2 Cr12 Cr-7 Cr-4 Cr7 Cr3 Cr
Free cash flow (OCF − Capex)33 Cr12 Cr30 Cr57 Cr41 Cr13 Cr166 Cr230 Cr

Ratios

MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %2.9%3.2%2.9%-5.4%3.2%2.1%7.7%11.5%
ROE %1.3%1.6%5.2%-6.4%1.6%0.7%5.8%8.5%
Debtor days5457694852554943
Inventory days10210000
Days payable2724322422261815
Cash conversion cycle2833392530293128
OCF / EBITDA %119.3%43.3%89.4%—146.1%20.0%113.6%100.0%
OCF / EBITDA % (3 years)——80.7%———89.4%91.2%
Debt / equity————————
Current ratio3.774.567.127.988.143.333.704.79
Net debt / EBITDA-0.73-0.49-0.56—-0.79-0.28-0.19-0.12