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 17-Mar, Cartrade Tech Ltd's stock price is rising to 1,723.25, driven by strong financial performance and high institutional support. Despite a year-to-date decline of 39.05%, recent gains reflect positive investor sentiment and consecutive returns.

As of 17-Mar, Cartrade Tech Ltd's stock price is rising, currently at 1,723.25, with a change of 67.55 (4.08%) upward. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector by 4.9% today and has experienced consecutive gains over the last two days, accumulating a total return of 4.85% during this period. Additionally, the stock reached an intraday high of Rs 1756.45, reflecting a 6.09% increase at one point.<BR><BR>The company has demonstrated strong financial performance, with net sales growing at an annual rate of 25.38% and operating profit increasing by 39.02%. It has also reported positive results for the last 15 consecutive quarters, which contributes to investor confidence. The high institutional holdings at 74.56% indicate that knowledgeable investors are backing the stock, further supporting its price rise.<BR><BR>However, it is important to note that despite the recent positive performance, the stock has faced challenges over longer periods, such as a year-to-date decline of 39.05%. This suggests that while the stock is currently rising, it has experienced significant volatility and may be influenced by broader market conditions. Nonetheless, the immediate factors contributing to the rise include strong recent performance, positive financial results, and institutional support.

Why is Cartrade Tech Ltd falling/rising?

As of 18-Mar, Cartrade Tech Ltd's stock price is at 1,698.10, down 1.46% after a trend reversal. Despite strong long-term growth, the stock is considered expensive and has significantly underperformed its sector and the benchmark index.

As of 18-Mar, Cartrade Tech Ltd's stock price is falling, currently at 1,698.10, which reflects a decrease of 25.15 or 1.46%. This decline follows a trend reversal after two consecutive days of gains. The stock has underperformed its sector by 4.08% today, and it reached an intraday low of Rs 1682.95, marking a drop of 2.34%. <BR><BR>In the broader context, the stock has experienced a significant decline over the past month, down 16.31%, and a year-to-date drop of 39.94%, while the benchmark Sensex has only decreased by 9.99% during the same period. Although the company has shown healthy long-term growth with net sales increasing at an annual rate of 25.38% and operating profit at 39.02%, the stock is currently considered very expensive with a high Price to Book Value of 3.5 compared to its peers. <BR><BR>Additionally, despite positive results over the last 15 consecutive quarters and high institutional holdings at 74.56%, the stock's return over the past year has been minimal at 0.10%, which does not align with the substantial profit increase of 79.9%. This discrepancy, combined with the stock trading at a premium, contributes to the current downward pressure on its price.

Why is Cartrade Tech Ltd falling/rising?

As of 19-Mar, Cartrade Tech Ltd's stock price is declining, currently at 1,640.00, reflecting a significant downward trend with a year-to-date decline of 42.00%. The stock is underperforming compared to the benchmark Sensex and is viewed negatively due to bearish technical indicators and high valuation concerns.

As of 19-Mar, Cartrade Tech Ltd's stock price is falling, currently at 1,640.00, which reflects a decrease of 58.1 points or 3.42%. The stock has been on a downward trend, having lost 4.83% over the last two days and opening with a loss of 2.66% today. It reached an intraday low of Rs 1,637, indicating significant selling pressure.<BR><BR>The stock's performance over various periods shows a concerning trend, with a year-to-date decline of 42.00%, compared to a 12.92% drop in the benchmark Sensex. Additionally, the stock has underperformed in the past month, falling 17.44% against the Sensex's 10.05% decline. This consistent underperformance suggests a lack of investor confidence.<BR><BR>Technical indicators also reveal that Cartrade Tech is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further signaling bearish sentiment. Moreover, there has been a decline in investor participation, with delivery volume falling by 1.67% against the 5-day average, which may indicate reduced interest from traders.<BR><BR>Despite some positive factors such as a low debt-to-equity ratio and healthy long-term growth in net sales and operating profit, the stock is perceived as expensive with a high price-to-book value of 3.4. This valuation, combined with a relatively low return on equity of 8, has contributed to the negative sentiment surrounding the stock.<BR><BR>In summary, the combination of recent price declines, poor performance relative to the benchmark, bearish technical indicators, and high valuation concerns are driving the stock price of Cartrade Tech Ltd lower.

Why is Cartrade Tech Ltd falling/rising?

As of 20-Mar, Cartrade Tech Ltd's stock price is rising to 1,691.85, up 3.1%. This increase is driven by a positive market reaction, a trend reversal after declines, strong fundamentals, and high institutional holdings, despite a year-to-date decline of 40.16% and valuation concerns.

As of 20-Mar, Cartrade Tech Ltd's stock price is rising, currently at 1,691.85, reflecting a change of 50.9 (3.1%) upward. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.17% today, indicating a positive market reaction. Additionally, after experiencing two consecutive days of decline, the stock has shown a trend reversal, gaining momentum.<BR><BR>Intraday, the stock reached a high of Rs 1,767, marking a significant increase of 7.68%. Despite a weighted average price showing more volume traded close to the low price, the overall performance today suggests a recovery phase. Furthermore, the company has demonstrated strong fundamentals, with net sales growing at an annual rate of 25.38% and operating profit increasing by 39.02%. The positive results declared for the last 15 consecutive quarters, along with high institutional holdings at 74.56%, further bolster investor confidence.<BR><BR>However, it is important to note that while the stock is currently rising, it has faced challenges in the past, with a year-to-date decline of 40.16%. The stock's valuation remains a concern, as it is trading at a premium compared to its peers, which could influence future performance. Nonetheless, the current upward movement reflects a positive shift in investor sentiment and market dynamics.

Why is Cartrade Tech Ltd falling/rising?

As of 23-Mar, Cartrade Tech Ltd's stock is declining, with a year-to-date drop of -40.16%, significantly underperforming the Sensex. Despite some positive financial metrics, the stock is considered overvalued, leading to waning investor interest and a bearish trend.

As of 23-Mar, Cartrade Tech Ltd's stock price is currently falling, with a change of -6.0 (-0.35%). The stock opened with a loss of -2.11% today and reached an intraday low of Rs 1662.05. This decline is reflected in its recent performance metrics, where the stock has shown a year-to-date decrease of -40.16%, significantly underperforming the benchmark Sensex, which has declined by only -14.70% over the same period.<BR><BR>Investor participation appears to be waning, as evidenced by a -33.3% drop in delivery volume compared to the 5-day average. Although the stock is currently trading above its 5-day moving averages, it remains below its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>Despite some positive factors, such as a low debt-to-equity ratio and healthy long-term growth in net sales and operating profit, the stock's valuation is considered very expensive. The return on equity (ROE) is at 8, and the stock is trading at a premium compared to its peers, with a price-to-book value of 3.5. This high valuation, coupled with a negative return of -6.66% over the past year despite a 79.9% increase in profits, suggests that the market may be reacting to concerns about the stock's sustainability at its current price levels.

Why is Cartrade Tech Ltd falling/rising?

As of 24-Mar, Cartrade Tech Ltd's stock price is rising to 1,716.70, driven by strong long-term growth and consistent performance over 15 quarters. However, it faces challenges with a year-to-date decline of 39.28% and concerns about its valuation compared to peers.

As of 24-Mar, Cartrade Tech Ltd's stock price is rising, currently at 1,716.70, reflecting an increase of 24.85 (1.47%). This upward movement can be attributed to several positive factors. The company has demonstrated strong long-term growth, with net sales increasing at an annual rate of 25.38% and operating profit growing by 39.02%. Additionally, Cartrade Tech Ltd has reported positive results for the last 15 consecutive quarters, indicating consistent performance. The company also boasts a high return on capital employed (ROCE) of 10.40% and a robust operating profit to interest ratio of 25.41 times, which further supports its financial health.<BR><BR>Moreover, the stock's performance today is in line with the sector, and it reached an intraday high of Rs 1,733.85, showing a 2.48% increase. Despite a decline in investor participation, with delivery volume falling by 23.09% against the 5-day average, the stock remains liquid enough for trading, which may contribute to its price stability.<BR><BR>However, it is important to note that while the stock is rising, it has faced challenges over the longer term, including a year-to-date decline of 39.28%. The stock is also considered expensive with a price-to-book value of 3.5, and its return on equity (ROE) is relatively low at 8. This suggests that while the stock is currently experiencing a rise, there are underlying concerns regarding its valuation compared to peers and overall market performance.

Why is Cartrade Tech Ltd falling/rising?

As of 25-Mar, Cartrade Tech Ltd's stock price is rising to 1,750.15, driven by strong investor interest, consistent financial performance, and significant institutional backing. The stock has outperformed its sector and shown positive returns over the past three years.

As of 25-Mar, Cartrade Tech Ltd's stock price is rising, currently at 1,750.15, reflecting an increase of 33.45 (1.95%). This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.94% today and has been on a consecutive gain for the last two days, accumulating a total return of 3.45% during this period. Additionally, the stock reached an intraday high of Rs 1,792, marking a rise of 4.39%.<BR><BR>Investor participation has also increased, with a delivery volume of 1.27 lacs on 24 March, which is up by 10.96% compared to the 5-day average. This indicates growing interest and confidence among investors. Furthermore, the company's financial health appears strong, with a low Debt to Equity ratio and impressive long-term growth metrics, such as a 25.38% annual growth rate in Net Sales and a 39.02% growth in Operating Profit. The company has consistently declared positive results for the last 15 quarters, which reinforces investor confidence.<BR><BR>Moreover, the stock has shown consistent returns over the past three years, outperforming the BSE500 in each of the last three annual periods. High institutional holdings at 74.56% suggest that knowledgeable investors are backing the stock, further supporting its price increase. Overall, these factors contribute to the stock's rising price as of the latest data.

Which are the latest news on Cartrade Tech?