CarTrade Tech (CARTRADE) Stock Overview
Operates a multi-channel online automotive platform in India and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
CARTRADE Community Fair Values
Create NarrativeSee what 13 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
CarTrade Tech Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹1,913.30 |
| 52 Week High | ₹3,290.50 |
| 52 Week Low | ₹1,512.00 |
| Beta | 0.048 |
| 1 Month Change | 16.27% |
| 3 Month Change | 8.10% |
| 1 Year Change | 23.17% |
| 3 Year Change | 254.74% |
| 5 Year Change | n/a |
| Change since IPO | 27.46% |
Recent News & Updates
Narrative Update • Jun 02
CARTRADE: AI Ecosystem And Marketplace Model Will Support Premium Future P E
Analysts have adjusted their price target on CarTrade Tech to ₹3,381.96 from ₹3,513.00, citing updated assumptions around slightly lower revenue growth and profit margins, partly offset by a modestly lower discount rate and a higher future P/E multiple. Analyst Commentary Bullish analysts point to the revised assumptions for CarTrade Tech as a sign that, even with slightly tempered expectations for revenue growth and profit margins, the valuation still supports an optimistic long term view.Analysis Article • May 15
Additional Considerations Required While Assessing CarTrade Tech's (NSE:CARTRADE) Strong Earnings
CarTrade Tech Limited's ( NSE:CARTRADE ) stock was strong after they recently reported robust earnings. We did some...Analysis Article • May 12
Analysts Have Been Trimming Their CarTrade Tech Limited (NSE:CARTRADE) Price Target After Its Latest Report
Shareholders of CarTrade Tech Limited ( NSE:CARTRADE ) will be pleased this week, given that the stock price is up 15...Recent updates
Narrative Update • Jun 02
CARTRADE: AI Ecosystem And Marketplace Model Will Support Premium Future P E
Analysts have adjusted their price target on CarTrade Tech to ₹3,381.96 from ₹3,513.00, citing updated assumptions around slightly lower revenue growth and profit margins, partly offset by a modestly lower discount rate and a higher future P/E multiple. Analyst Commentary Bullish analysts point to the revised assumptions for CarTrade Tech as a sign that, even with slightly tempered expectations for revenue growth and profit margins, the valuation still supports an optimistic long term view.Analysis Article • May 15
Additional Considerations Required While Assessing CarTrade Tech's (NSE:CARTRADE) Strong Earnings
CarTrade Tech Limited's ( NSE:CARTRADE ) stock was strong after they recently reported robust earnings. We did some...Analysis Article • May 12
Analysts Have Been Trimming Their CarTrade Tech Limited (NSE:CARTRADE) Price Target After Its Latest Report
Shareholders of CarTrade Tech Limited ( NSE:CARTRADE ) will be pleased this week, given that the stock price is up 15...
Narrative Update • May 07
CARTRADE: AI Execution And Margin Discipline Will Shape Future Earnings Confidence
Analysts are keeping their fair value estimate for CarTrade Tech steady at ₹1,800 while fine tuning inputs such as a slightly lower discount rate, modestly higher revenue growth and profit margin assumptions, and a marginally lower future P/E. This leads to a refined but unchanged overall price target.Narrative Update • Apr 23
CARTRADE: AI Rollout And Margins Will Together Shape Future Earnings Multiple
Analysts have trimmed their price target for CarTrade Tech to ₹1,800 from about ₹1,873, reflecting a slightly higher discount rate and lower assumed future P/E, partly offset by modestly stronger revenue growth and profit margin inputs. Analyst Commentary Bearish analysts looking at CarTrade Tech's revised valuation framework are focusing on the balance between growth expectations, profitability assumptions, and the risks around execution.Narrative Update • Apr 08
CARTRADE: AI Multi Agent Ecosystem Will Support Higher Margins And Premium P E
Analysts keep CarTrade Tech's fair value estimate steady at ₹3,513, with only small tweaks to assumptions such as a slightly higher discount rate, somewhat lower revenue growth expectations, a higher profit margin and a marginally adjusted future P/E. This reflects a more balanced risk and return profile rather than a major shift in view.Narrative Update • Mar 25
CARTRADE: AI Ecosystem And Higher Margins Will Support Premium P E Multiple
Analysts have trimmed the CarTrade Tech fair value estimate from ₹3,633 to ₹3,513, reflecting a lower assumed future P/E of 47.8x and a reduced discount rate of 14.3%, while still incorporating slightly higher assumptions for revenue growth and profit margins. Analyst Commentary Recent Street research around online marketplaces and internet platforms gives you helpful context for thinking about CarTrade Tech, even though the notes are on peers in other regions and verticals.Narrative Update • Mar 10
CARTRADE: AI Monetisation And Margin Execution Will Likely Shape Future Multiple
Analysts have raised their fair value estimate for CarTrade Tech to ₹1,873 from ₹1,709, citing a slightly lower discount rate, a modestly higher profit margin assumption, and a higher future P/E multiple, while keeping revenue growth expectations broadly similar. Analyst Commentary For CarTrade Tech, the revised fair value reflects a mix of optimism on profitability and caution on execution.
Narrative Update • Feb 24
CARTRADE: AI Ecosystem Rollout And Margin Discipline Will Drive Future Upside
Narrative Update on CarTrade Tech The analyst price target for CarTrade Tech is unchanged at ₹2,928. Analysts cite a slightly lower discount rate, a steady fair value estimate, and only modest tweaks to revenue growth, margin, and future P/E assumptions as reasons to keep their outlook broadly consistent.Narrative Update • Feb 10
CARTRADE: Marketplace Scale And Margin Execution Will Shape Future Upside Potential
Analysts have slightly reduced their fair value estimate for CarTrade Tech to ₹2,928 from ₹2,962. This reflects updated assumptions for a lower discount rate, a small adjustment to revenue growth, higher profit margins, and a more conservative future P/E multiple.Narrative Update • Jan 26
CARTRADE: Marketplace Scale And Internet Peer Repricing Will Shape Upside Potential
Analysts kept their fair value estimate for CarTrade Tech broadly steady at ₹2,962, with a slightly higher discount rate and a modestly lower profit margin outlook balanced by a higher assumed future P/E multiple that reflects how peers in online marketplaces and internet platforms are being reassessed in current research. Analyst Commentary Street research on global online marketplaces, especially grocery focused platforms, gives you a window into how analysts are thinking about scaled internet businesses that share some characteristics with CarTrade Tech, such as network effects, advertising income and transaction driven revenue models.Narrative Update • Jan 10
CARTRADE: Higher Margin Outlook Will Support Premium P/E Multiple
Analysts have lifted their fair value estimate for CarTrade Tech to ₹3,633 from ₹2,560, citing updated assumptions that reflect a higher projected profit margin of 38.0%, a slightly adjusted discount rate of 15.1%, revenue growth of 20.9%, and a forward P/E of 53.2x. Analyst Commentary While the recent Street research centers on global internet and online grocery names, several themes from bullish analysts can still help frame how you think about CarTrade Tech's revised fair value and assumptions.Narrative Update • Dec 25
CARTRADE: Rising Competitive Pressure Will Likely Trigger Multiple Compression Soon
Analysts have lifted their fair value estimate for CarTrade Tech to approximately ₹1,710 from about ₹1,083, citing a healthier long term outlook driven by higher expected revenue growth, structurally stronger profit margins, and a modestly higher terminal valuation multiple, even after incorporating a slightly increased risk profile. Analyst Commentary While the revised fair value estimate for CarTrade Tech reflects a constructive long term outlook, recent moves by bearish analysts in adjacent internet and marketplace names highlight the risks that could weigh on execution and valuation if growth underperforms expectations.Narrative Update • Dec 11
CARTRADE: Marketplace Competition And Merger Decision Will Shape Performance In The Coming Year
Analysts have modestly raised their price target for CarTrade Tech, citing solid execution, resilient marketplace fundamentals, and an attractive risk or reward profile, even as they factor in a slightly higher discount rate and competitive pressures observed across broader online platform peers. Analyst Commentary Street research on adjacent online marketplace peers highlights a mixed but instructive backdrop for CarTrade Tech.Analysis Article • Dec 09
Do CarTrade Tech's (NSE:CARTRADE) Earnings Warrant Your Attention?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Narrative Update • Nov 27
CARTRADE: Market Pressures And Cost Management Will Influence Performance In The Next Year
CarTrade Tech’s analyst price target remains steady at ₹2,962, with analysts maintaining their valuations. Despite only minor adjustments to discount rates and forward P/E expectations, this reflects ongoing confidence in operational growth dynamics.Narrative Update • Nov 13
CARTRADE: Revenue Strength And Competitive Pressures Will Shape Outlook In Coming Year
Analysts have raised their price target for CarTrade Tech from ₹2,544 to ₹2,962. This change reflects improved valuation assumptions and expectations of steady revenue growth, even though there is a slightly lower projected profit margin and minor adjustments to the discount rate.Analysis Article • Nov 13
Optimistic Investors Push CarTrade Tech Limited (NSE:CARTRADE) Shares Up 27% But Growth Is Lacking
CarTrade Tech Limited ( NSE:CARTRADE ) shares have continued their recent momentum with a 27% gain in the last month...Analysis Article • Nov 05
CarTrade Tech's (NSE:CARTRADE) Promising Earnings May Rest On Soft Foundations
Unsurprisingly, CarTrade Tech Limited's ( NSE:CARTRADE ) stock price was strong on the back of its healthy earnings...Narrative Update • Oct 30
CARTRADE: Expanding Competition Will Likely Challenge Market Share And Margins Ahead
CarTrade Tech's analyst price target has been raised from ₹2,204 to ₹2,544, as analysts cite stronger projected revenue growth and profit margins supporting a higher fair value estimate, despite only a modest rise in discount rate assumptions. Analyst Commentary Recent analyst discussions reflect a balanced mix of optimism and caution regarding CarTrade Tech's business outlook and valuation.Narrative Update • Oct 16
Digital Platforms Will Transform India's Vehicle Market
CarTrade Tech's analyst price target has been raised from ₹2,061 to ₹2,204. Analysts cite sustained revenue growth and a slightly higher discount rate, which are offset by a moderated profit margin outlook and elevated future earnings multiples.Analysis Article • Sep 19
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For CarTrade Tech Limited's (NSE:CARTRADE) CEO For Now
Key Insights CarTrade Tech will host its Annual General Meeting on 25th of September Salary of ₹72.2m is part of CEO...Analysis Article • Sep 10
CarTrade Tech (NSE:CARTRADE) Could Easily Take On More Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Narrative Update • Sep 05
Digital Platforms Will Transform India's Vehicle Market
CarTrade Tech’s fair value estimate has remained largely unchanged, as a modest increase in its future P/E ratio was offset by a decline in net profit margin, resulting in only a marginal uptick in the consensus analyst price target to ₹2061. What's in the News CarTrade Tech will hold a Board Meeting on July 28, 2025, to consider and approve its unaudited standalone and consolidated financial results for the quarter ended June 30, 2025 (Key Developments).Analysis Article • Aug 20
Here's Why CarTrade Tech (NSE:CARTRADE) Has Caught The Eye Of Investors
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Analysis Article • Jul 29
Subdued Growth No Barrier To CarTrade Tech Limited (NSE:CARTRADE) With Shares Advancing 29%
CarTrade Tech Limited ( NSE:CARTRADE ) shares have had a really impressive month, gaining 29% after a shaky period...Analysis Article • Apr 15
Why We're Not Concerned About CarTrade Tech Limited's (NSE:CARTRADE) Share Price
CarTrade Tech Limited's ( NSE:CARTRADE ) price-to-earnings (or "P/E") ratio of 64.3x might make it look like a strong...Analysis Article • Mar 19
CarTrade Tech (NSE:CARTRADE) Seems To Use Debt Rather Sparingly
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Narrative • Feb 13
Surging Organic Traffic Will Enable Future Monetization For CarWale, BikeWale, And OLX India
Strong organic traffic growth across platforms offers opportunities to boost ad revenues and improve financial performance.Analysis Article • Jan 23
Is Now The Time To Put CarTrade Tech (NSE:CARTRADE) On Your Watchlist?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Dec 22
CarTrade Tech Limited's (NSE:CARTRADE) 27% Share Price Surge Not Quite Adding Up
CarTrade Tech Limited ( NSE:CARTRADE ) shares have continued their recent momentum with a 27% gain in the last month...Analysis Article • Nov 07
CarTrade Tech Limited's (NSE:CARTRADE) Shares Climb 41% But Its Business Is Yet to Catch Up
CarTrade Tech Limited ( NSE:CARTRADE ) shareholders have had their patience rewarded with a 41% share price jump in the...Analysis Article • Nov 04
CarTrade Tech's (NSE:CARTRADE) Shareholders May Want To Dig Deeper Than Statutory Profit
The market for CarTrade Tech Limited's ( NSE:CARTRADE ) stock was strong after it released a healthy earnings report...Analysis Article • Sep 21
CarTrade Tech Limited's (NSE:CARTRADE) CEO Compensation Is Looking A Bit Stretched At The Moment
Key Insights CarTrade Tech to hold its Annual General Meeting on 27th of September Total pay for CEO Vinay Sanghi...Analysis Article • Sep 06
These 4 Measures Indicate That CarTrade Tech (NSE:CARTRADE) Is Using Debt Safely
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Analysis Article • May 09
Market Participants Recognise CarTrade Tech Limited's (NSE:CARTRADE) Earnings Pushing Shares 30% Higher
CarTrade Tech Limited ( NSE:CARTRADE ) shareholders have had their patience rewarded with a 30% share price jump in the...Analysis Article • Nov 17
Investors Shouldn't Be Too Comfortable With CarTrade Tech's (NSE:CARTRADE) Earnings
CarTrade Tech Limited's ( NSE:CARTRADE ) stock was strong after they recently reported robust earnings. However, we...Analysis Article • Sep 15
We Like These Underlying Return On Capital Trends At CarTrade Tech (NSE:CARTRADE)
What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...Shareholder Returns
| CARTRADE | IN Specialty Retail | IN Market | |
|---|---|---|---|
| 7D | 11.1% | 1.4% | -1.9% |
| 1Y | 23.2% | -9.9% | -2.0% |
Return vs Industry: CARTRADE exceeded the Indian Specialty Retail industry which returned -8.7% over the past year.
Return vs Market: CARTRADE exceeded the Indian Market which returned -1.7% over the past year.
Price Volatility
| CARTRADE volatility | |
|---|---|
| CARTRADE Average Weekly Movement | 7.1% |
| Specialty Retail Industry Average Movement | 7.1% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in IN Market | 10.2% |
| 10% least volatile stocks in IN Market | 4.8% |
Stable Share Price: CARTRADE has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: CARTRADE's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | 1,158 | Vinay Sanghi | www.cartradetech.com |
CarTrade Tech Limited operates a multi-channel online automotive platform in India and internationally. 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 provides OEMs with consumer insights and data-driven solutions for building their digital marketing strategies; new car dealer solutions, which offers customers content and research tools, such as car reviews, on road prices, car specifications, car images, car finance offers, and others; used car dealer solutions to buy and sell used cars; and technology solutions for OEMs and dealers, including dealer management systems and auto finance solutions.
CarTrade Tech Limited Fundamentals Summary
| CARTRADE fundamental statistics | |
|---|---|
| Market cap | ₹94.02b |
| Earnings (TTM) | ₹2.23b |
| Revenue (TTM) | ₹7.79b |
41.1x
P/E Ratio11.8x
P/S RatioIs CARTRADE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CARTRADE income statement (TTM) | |
|---|---|
| Revenue | ₹7.79b |
| Cost of Revenue | ₹3.07b |
| Gross Profit | ₹4.72b |
| Other Expenses | ₹2.49b |
| Earnings | ₹2.23b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 46.53 |
| Gross Margin | 60.59% |
| Net Profit Margin | 28.62% |
| Debt/Equity Ratio | 0% |
How did CARTRADE perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/04 23:11 |
| End of Day Share Price | 2026/06/04 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
CarTrade Tech Limited is covered by 13 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | 360 ONE Capital Market Private Limited |
| Deep Shah | 360 ONE Capital Market Private Limited |
| null null | Asian Markets Securities Private Limited |