Cartrade Tech

how big is Cartrade Tech?

As of Jun 06, Cartrade Tech Ltd has a market capitalization of 7,465.13 Cr, with recent net sales of 641.12 Cr and a net profit of 134.65 Cr over the last four quarters. Shareholder's funds are 2,069.99 Cr, and total assets amount to 2,453.84 Cr as of Mar'24.

Market Cap: As of Jun 06, Cartrade Tech Ltd has a market capitalization of 7,465.13 Cr, categorizing it as a Mid Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes data from Mar'25, Dec'24, Sep'24, and Jun'24, is 641.12 Cr. The sum of Net Profit for the same period is 134.65 Cr. This data is Consolidated.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending Mar'24. Shareholder's Funds are reported at 2,069.99 Cr, and Total Assets amount to 2,453.84 Cr.

What does Cartrade Tech do?

Cartrade Tech Ltd is a Mid Cap company in the E-Retail/E-Commerce sector, reporting net sales of ₹170 Cr and a net profit of ₹42 Cr for the quarter ending March 2025. The company has a market cap of ₹7,455 Cr and key metrics include a P/E ratio of 55.00 and a return on equity of 6.05%.

Overview:<BR>Cartrade Tech Ltd operates in the E-Retail/E-Commerce industry and is classified as a Mid Cap company.<BR><BR>History:<BR>Cartrade Tech Limited was incorporated in 2000 as Kaymo Fastener Company Private Limited. The company underwent several name changes, becoming MXC Solutions India Private Limited in 2009 and later CarTrade Tech Private Limited in 2021. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 170 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 42 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 7,455 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>- P/E: 55.00<BR>- Industry P/E: 29<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.25<BR>- Return on Equity: 6.05%<BR>- Price to Book: 3.31<BR><BR>Contact Details:<BR>Details: No Company Details Available<BR>Registrar Address: Not available.

When is the next results date for Cartrade Tech?

No Upcoming Board Meetings

Has Cartrade Tech declared dividend?

No Dividend History Available

Who are the peers of the Cartrade Tech?

Cartrade Tech's peers include Eternal Ltd, Info Edg. (India), Swiggy, FSN E-Commerce, and others. Cartrade Tech leads with an 80.32% 1-year return, while its management and growth risks vary among peers, with FSN E-Commerce and RattanIndia Ent showing excellent growth.

Peers: The peers of Cartrade Tech are Eternal Ltd, Info Edg.(India), Swiggy, FSN E-Commerce, Brainbees Solut., RattanIndia Ent, Matrimony.com, Macfos, Intrasoft Tech, and Digidrive Dist.<BR><BR>Quality Snapshot: Excellent management risk is observed at Matrimony.com, while Average management risk is found at Eternal Ltd, Info Edg.(India), FSN E-Commerce, RattanIndia Ent, and Macfos, and the rest have Below Average management risk. Growth is Excellent at FSN E-Commerce, RattanIndia Ent, and Brainbees Solut., while Good growth is seen at Cartrade Tech and Swiggy, and the rest have Average or Below Average growth. Capital Structure is Excellent at Info Edg.(India) and Matrimony.com, Good at Cartrade Tech and Macfos, and the rest have Below Average or Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Cartrade Tech at 80.32%, while RattanIndia Ent has the lowest at -35.57%. Cartrade Tech's 1-year return is significantly higher than all its peers. Additionally, the peers with negative six-month returns include Eternal Ltd, RattanIndia Ent, Brainbees Solut., Macfos, and Intrasoft Tech.

Is Cartrade Tech overvalued or undervalued?

As of October 11, 2024, Cartrade Tech is considered very expensive and overvalued, with high valuation multiples and limited profitability compared to its peers, despite a strong one-year return.

As of 11 October 2024, the valuation grade for Cartrade Tech has moved from expensive to very expensive. The company is currently overvalued based on its high valuation multiples. Key ratios include a PE ratio of 55.57, an EV to EBITDA of 45.92, and a Price to Book Value of 3.36, which are significantly higher than its peers. For comparison, Tata Consultancy Services has a PE ratio of 25.23 and Infosys has a PE ratio of 24.32, both indicating a more attractive valuation.<BR><BR>The company's financial metrics, such as a ROCE of 6.57% and a ROE of 6.05%, suggest limited profitability relative to its high valuation. Additionally, while Cartrade Tech has outperformed the Sensex with a one-year return of 94.73% compared to the Sensex's 7.56%, this performance does not justify its current valuation levels. Overall, Cartrade Tech appears to be overvalued in the current market environment.

Who are in the management team of Cartrade Tech?

As of March 2022, the management team of Cartrade Tech includes Vinay Vinod Sanghi (CMD & CEO), Aneesha Menon (Executive Director & CFO), and several independent and non-executive directors. They oversee the company's operations and strategic direction.

As of March 2022, the management team of Cartrade Tech includes the following individuals:<BR><BR>1. Vinay Vinod Sanghi - CMD & CEO<BR>2. Aneesha Menon - Executive Director & CFO<BR>3. Victor Antony Perry III - Non-Executive & Non-Independent Director<BR>4. K J Udeshi - Independent Director<BR>5. Vivek Gul Asrani - Independent Director<BR>6. Lakshminarayanan Subramanian - Independent Director<BR>7. Lalbahadur Pal - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the top shareholders of the Cartrade Tech?

The top shareholders of Cartrade Tech include Foreign Institutional Investors (FIIs) with 60.96%, mutual funds with 13.62%, and Macritchie Investments Pte Ltd as the largest public shareholder at 9.13%. Individual investors own about 15.78%, with no pledged promoter holdings or a single highest promoter.

The top shareholders of Cartrade Tech include a significant presence of Foreign Institutional Investors (FIIs), who hold approximately 60.96% of the shares. Additionally, mutual funds are represented by 16 schemes, accounting for 13.62% of the holdings. The highest public shareholder is Macritchie Investments Pte Ltd, which holds 9.13%. Individual investors collectively own about 15.78% of the company. Notably, there are no pledged promoter holdings, and there is no single promoter with the highest holding.

Is Cartrade Tech technically bullish or bearish?

As of November 12, 2025, Cartrade Tech's technical trend is bullish, supported by strong MACD and Bollinger Bands indicators, positive daily moving averages, and significant outperformance against the Sensex, despite a mildly bearish KST on the weekly timeframe.

As of 12 November 2025, the technical trend for Cartrade Tech has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend in both time frames. Daily moving averages are bullish, reinforcing the positive momentum. Although the KST is mildly bearish on the weekly, it remains bullish on the monthly, and Dow Theory confirms a bullish stance across both time frames. The stock has shown significant outperformance compared to the Sensex over various periods, further indicating strength. Overall, the technical outlook is bullish with strong momentum.

How has been the historical performance of Cartrade Tech?

Cartrade Tech has shown significant growth in net sales and profitability, with net sales increasing from INR 249.68 crore in March 2021 to INR 641.46 crore in March 2025, and profit after tax rising from INR 40.43 crore in March 2023 to INR 145.27 crore in March 2025, while maintaining a zero-debt position. Overall, the company demonstrates a strong recovery and upward trend in financial performance.

Answer:<BR>The historical performance of Cartrade Tech shows significant growth in net sales and profitability over the years, culminating in the fiscal year ending March 2025.<BR><BR>Breakdown:<BR>Cartrade Tech's net sales have steadily increased from INR 249.68 crore in March 2021 to INR 641.46 crore in March 2025, reflecting a strong upward trend. The total operating income followed a similar trajectory, reaching INR 641.46 crore in March 2025, up from INR 298.28 crore in March 2020. Operating profit (PBDIT) also improved significantly, moving from a loss of INR 134.16 crore in March 2022 to a profit of INR 220.75 crore in March 2025. Profit before tax rose from a loss of INR 119.12 crore in March 2022 to INR 168.36 crore in March 2025, while profit after tax increased from INR 40.43 crore in March 2023 to INR 145.27 crore in March 2025. The company's earnings per share (EPS) surged from INR 3.05 in March 2024 to INR 28.38 in March 2025, indicating robust profitability growth. Total assets have also expanded, reaching INR 2,664.01 crore in March 2025, compared to INR 1,467.35 crore in March 2020. The company maintained a zero-debt position throughout this period, showcasing financial stability. Overall, Cartrade Tech's performance demonstrates a strong recovery and growth trajectory in both revenue and profitability metrics.

Are Cartrade Tech Ltd latest results good or bad?

Cartrade Tech Ltd's latest results are strong, with a net profit growth of 113.99% and a revenue increase of 25.42%, alongside improved operating margins. However, the stock's high valuation at 65 times trailing earnings may pose risks for new investors.

Cartrade Tech Ltd's latest results can be considered quite strong overall. In the most recent quarter, the company reported a net profit of ₹59.66 crores, which reflects an impressive year-on-year growth of 113.99%. Revenue also showed robust growth, increasing by 25.42% year-on-year to reach ₹193.41 crores, marking the highest quarterly revenue in recent history.<BR><BR>The operating margin improved significantly, reaching 32.88%, up from 21.20% a year ago, indicating better operational efficiency and cost management. Additionally, the profit after tax (PAT) margin of 33.13% is the highest achieved in the past eight quarters, showcasing the company's ability to scale its business effectively.<BR><BR>However, it's worth noting that the stock is currently trading at a high valuation of 65 times its trailing earnings, which raises concerns among value-conscious investors. While the operational performance is strong, the elevated valuation could limit upside potential and increase risk for new investors.<BR><BR>In summary, Cartrade Tech's latest results reflect strong revenue growth and expanding profitability, but the high valuation may warrant caution for potential investors.

Should I buy, sell or hold Cartrade Tech Ltd?

Why is Cartrade Tech Ltd falling/rising?

As of 05-May, Cartrade Tech Ltd's stock price is 1,644.50, down 0.54%, and has significantly underperformed the Sensex, declining 41.84% year-to-date. Despite strong fundamentals, the stock's high valuation and bearish trend indicate reduced investor interest.

As of 05-May, Cartrade Tech Ltd's stock price is falling, currently at 1,644.50, reflecting a decrease of 8.9 points or 0.54%. The stock has underperformed significantly compared to the benchmark Sensex, with a decline of 1.15% over the past week and 2.72% over the past month, while the Sensex has shown positive returns in both periods. Year-to-date, the stock has plummeted by 41.84%, contrasting sharply with the Sensex's decline of only 9.63%.<BR><BR>Today's performance indicates that the stock is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which suggests a bearish trend. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 19.49% compared to the 5-day average, indicating reduced interest from investors.<BR><BR>Despite the company's strong fundamentals, such as being net-debt free and achieving healthy long-term growth in net sales and operating profit, the stock's valuation appears expensive with a Price to Book Value of 3.4 and a Return on Equity (ROE) of 8. This high valuation, combined with the stock's significant underperformance relative to the broader market, has likely contributed to the downward pressure on its price.

Which are the latest news on Cartrade Tech?