Cartrade Tech

Why is Cartrade Tech Ltd falling/rising?

As of 06-Aug, Cartrade Tech Ltd's stock price is at 2,786.10, reflecting a decline of 1.88% and showing signs of downward pressure after recent gains. Despite strong annual performance, current trends indicate reduced investor participation and a lack of momentum.

As of 06-Aug, Cartrade Tech Ltd's stock price is falling, currently at 2,786.10, which reflects a decrease of 53.35 or 1.88%. This decline is evident as the stock has underperformed its sector by 0.89% today and has experienced a trend reversal after three consecutive days of gains. The stock touched an intraday low of Rs 2,771.3, marking a drop of 2.4%.<BR><BR>Additionally, the stock's performance over the past week and month shows slight declines of 0.26% and 0.14%, respectively, while it has also fallen by 1.46% year-to-date. Despite a strong performance over the past year with a return of 31.73%, the stock's current movement indicates a lack of momentum, as evidenced by a significant drop in investor participation, with delivery volume decreasing by 38.65% compared to the five-day average.<BR><BR>While the company is net-debt free and has shown healthy long-term growth, the current market conditions and recent trading activity suggest that the stock is facing downward pressure. The moving averages indicate that the stock is lower than the 5-day and 20-day moving averages, further supporting the trend of falling prices.

Which are the latest news on Cartrade Tech?

Should I buy, sell or hold Cartrade Tech Ltd?

Are Cartrade Tech Ltd latest results good or bad?

Cartrade Tech Ltd's latest Q1 FY27 results show a mixed performance, with a 20.69% QoQ decline in net profit despite a 19.52% YoY increase, and revenue slightly down by 0.97% QoQ but up 16.25% YoY. The significant margin compression raises concerns about sustainability and operational efficiency, suggesting investors should monitor future performance closely.

Cartrade Tech Ltd's latest results for Q1 FY27 indicate a mixed performance, with some concerning trends. The company reported a net profit of ₹51.24 crores, which reflects a significant decline of 20.69% quarter-on-quarter (QoQ), although it shows a healthy year-on-year (YoY) growth of 19.52%. Revenue for the quarter was ₹201.16 crores, down slightly by 0.97% QoQ but up 16.25% YoY.<BR><BR>However, the results also reveal significant margin compression. The operating profit margin (excluding other income) fell to 31.30%, down from 35.27% in the previous quarter, and the profit after tax (PAT) margin decreased to 28.21% from 34.88%. This decline in margins was largely attributed to increased operational expenses and a sharp rise in the tax rate.<BR><BR>While the YoY revenue growth suggests the company is still expanding, the sequential decline in both revenue and profit, along with the contraction in margins, raises concerns about the sustainability of its growth trajectory. The elevated contribution of other income to profitability also raises questions about the quality of earnings.<BR><BR>Overall, the results can be viewed as a cautionary sign, indicating potential challenges ahead, particularly in maintaining profitability and operational efficiency. Investors may want to monitor the company's performance closely in the coming quarters to assess whether these trends continue.

When is the next results date for Cartrade Tech Ltd?

The next results date for Cartrade Tech Ltd is 29 July 2026.

The next results date for Cartrade Tech Ltd is scheduled for 29 July 2026.

What does Cartrade Tech do?

Cartrade Tech Ltd is a small-cap company in the E-Retail/E-Commerce industry, reporting net sales of ₹203 Cr and a net profit of ₹65 Cr for the quarter ending March 2026. It has a market cap of ₹10,808 Cr, a P/E ratio of 52.00, and a return on equity of 9.19%.

Overview:<BR>Cartrade Tech Ltd operates in the E-Retail/E-Commerce industry and is categorized as a Small Cap company.<BR><BR>History:<BR>Cartrade Tech Limited was incorporated in 2000 under the name 'Kaymo Fastener Company Private Limited' in Mumbai, Maharashtra. 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 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 203 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 65 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 10,808 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 52.00<BR>- Industry P/E: 20<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.32<BR>- Return on Equity: 9.19%<BR>- Price to Book: 4.23<BR><BR>Contact Details:<BR>No Company Details Available. Registrar Address: Not available.

How big is Cartrade Tech?

As of 10th June, Cartrade Tech Ltd has a market capitalization of 10,808.00 Cr, classifying it as a Small Cap company, with recent net sales of 779.26 Cr and net profit of 223.00 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Cartrade Tech Ltd has a market capitalization of 10,808.00 Cr, which classifies it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 779.26 Cr, while the sum of Net Profit for the same period is 223.00 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is for March 2025, with Shareholder's Funds amounting to 2,220.62 Cr and Total Assets of 2,664.01 Cr.

Who are in the management team of Cartrade Tech?

The management team of Cartrade Tech includes Vinay Vinod Sanghi (Chairman & CEO), Aneesha Menon (CFO), and several independent and non-executive directors, including Victor Antony Perry III, K J Udeshi, Vivek Gul Asrani, and Lakshminarayanan Subramanian, along with Lalbahadur Pal as Company Secretary. They are responsible for the company's strategic direction and operations.

The management team of Cartrade Tech includes the following key individuals:<BR><BR>1. **Vinay Vinod Sanghi** - Chairman & Managing Director (CMD) and Chief Executive Officer (CEO).<BR>2. **Aneesha Menon** - Executive Director and Chief Financial Officer (CFO).<BR>3. **Victor Antony Perry III** - Non-Executive and 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 and Compliance Officer.<BR><BR>This team plays a crucial role in guiding the company's strategic direction and operations.

Who are the peers of the Cartrade Tech?

Cartrade Tech's peers include FSN E-Commerce, Swiggy, Info Edg. (India), Indiamart Inter., and others. In terms of management risk and growth, Cartrade Tech has average management risk and good growth, with a 1-year return of 40.31%, lower than iStreet Network's 875.78% but higher than Swiggy's -32.57%.

Peers: The peers of Cartrade Tech are FSN E-Commerce, Swiggy, Info Edg.(India), Indiamart Inter., Brainbees Solut., RattanIndia Ent, Just Dial, Macfos, Matrimony.com, and iStreet Network.<BR><BR>Quality Snapshot: Excellent management risk is observed at Info Edg.(India) and Matrimony.com, while Good management risk is found at Indiamart Inter. and the rest. Average management risk is noted at Cartrade Tech, FSN E-Commerce, and RattanIndia Ent, while Below Average management risk is present at Swiggy, Brainbees Solut., Just Dial, and iStreet Network. Excellent growth is seen at FSN E-Commerce and Macfos, while Good growth is noted at Cartrade Tech, Brainbees Solut., and the rest. Average growth is observed at Swiggy, while Below Average growth is found at Indiamart Inter., RattanIndia Ent., Matrimony.com, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is iStreet Network at 875.78%, while the lowest is Swiggy at -32.57%. Cartrade Tech's 1-year return of 40.31% is significantly higher than Swiggy's but lower than iStreet Network's. Additionally, several peers, including Swiggy, Info Edg.(India), Brainbees Solut., RattanIndia Ent., Just Dial, and Matrimony.com, have negative six-month returns.

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.

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.

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 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.

Has Cartrade Tech declared dividend?

No Dividend History Available