Cartrade Tech Ltd

Cartrade Tech Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Cartrade Tech Ltd

₹ 1,492 -2.33%
18 Dec - close price
cartradetech.com BSE: 543333 NSE: CARTRADE
About

CarTrade Tech Ltd is a multi-channel auto platform provider company with coverage and presence across vehicle types and Value Added Services. The company operates various brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz. The platform connects new and used automobile customers, vehicle dealers, vehicle OEMs, and other businesses to buy and sell different types of vehicles. The company offers a variety of solutions across automotive transactions for buying, selling, marketing, financing, and other activities.[1]

Key Points

Multi-Channel Auto platform [1]
Consumer Group: The company provides Online Platforms for customers, dealers, and OEMs, to buy and sell new and used vehicles seamlessly. Powered by tech-enabled ERP and CRM solutions. Carwale, Bikewale, Cartrade

Website BSE NSE
  • Market Cap ₹ 7,057 Cr.
  • Current Price ₹ 1,492
  • High / Low ₹ 1,598 / 622
  • Stock P/E 146
  • Book Value ₹ 443
  • Dividend Yield 0.00 %
  • ROCE 2.00 %
  • ROE 1.55 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 3.37 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of -1.43% over last 3 years.
  • Earnings include an other income of Rs.37.0 Cr.
  • Debtor days have increased from 81.1 to 97.5 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Retail Industry: Miscellaneous

Part of Nifty Total Market Nifty Microcap 250 BSE SmallCap BSE Allcap BSE Consumer Discretionary

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
32 34 36 35 37 42 43 43 45 49 49 50 56
75 77 79 39 39 40 42 44 43 42 41 43 44
Operating Profit -44 -43 -43 -4 -2 2 1 -1 2 7 8 7 11
OPM % -138% -125% -117% -11% -6% 5% 2% -3% 4% 14% 17% 14% 20%
8 7 10 7 18 15 16 17 11 8 9 9 10
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 2 1 2 2 2 2 2 2 2
Profit before tax -37 -37 -34 2 14 16 15 14 11 13 15 14 19
Tax % 9% -21% -7% -5% 46% 24% 24% 12% 9% 31% 30% 6% 17%
-41 -29 -32 2 7 12 12 12 10 9 11 13 16
EPS in Rs -8.85 -6.33 -6.79 0.36 1.60 2.53 2.48 2.63 2.17 1.91 2.29 2.73 3.33
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
15 23 25 29 92 120 93 125 157 187 205
90 176 65 53 104 123 88 303 160 171 171
Operating Profit -76 -153 -40 -24 -11 -2 5 -178 -3 16 34
OPM % -521% -665% -160% -83% -12% -2% 5% -143% -2% 9% 16%
8 20 27 30 20 17 20 32 56 46 37
Interest 0 0 0 0 0 1 0 1 1 1 1
Depreciation 0 1 0 0 1 5 5 5 6 8 9
Profit before tax -68 -134 -13 6 7 9 20 -152 46 54 61
Tax % -0% 0% 0% 19% 11% -10% -292% -4% 30% 21%
-68 -134 -13 5 6 10 79 -146 33 42 48
EPS in Rs -215.45 -423.21 -37.86 13.45 18.00 29.54 221.55 -31.33 6.96 9.00 10.26
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 15%
3 Years: 26%
TTM: 18%
Compounded Profit Growth
10 Years: %
5 Years: 37%
3 Years: -27%
TTM: 5%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 20%
1 Year: 105%
Return on Equity
10 Years: %
5 Years: 0%
3 Years: -1%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 3 3 3 3 3 3 4 47 47 47 47
Reserves 149 960 1,221 1,229 1,188 1,206 1,608 1,889 1,952 2,011 2,048
14 31 35 35 35 39 43 8 6 7 10
16 19 17 20 36 29 31 34 31 33 35
Total Liabilities 182 1,013 1,276 1,288 1,262 1,277 1,686 1,977 2,035 2,099 2,140
1 1 1 0 786 790 792 797 795 800 801
CWIP 0 0 0 0 0 0 0 0 0 0 0
Investments 140 839 1,083 1,258 408 423 767 1,017 1,111 1,162 1,207
41 173 192 29 68 64 127 163 130 137 132
Total Assets 182 1,013 1,276 1,288 1,262 1,277 1,686 1,977 2,035 2,099 2,140

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-16 0 1 15 16 8 12
18 8 -1 -329 -251 -17 -10
0 0 -4 317 244 -1 -5
Net Cash Flow 2 9 -4 3 8 -10 -3

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 88 131 71 42 106 95 120 62 84 97
Inventory Days 0 51
Days Payable 235 391
Cash Conversion Cycle 88 131 71 42 106 -139 120 -278 84 97
Working Capital Days 16 2,341 2,519 56 57 69 75 29 75 85
ROCE % -26% -3% -1% -1% 1% 1% -8% 2% 2%

Shareholding Pattern

Numbers in percentages

8 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
17.21% 17.55% 19.55% 21.49% 72.47% 69.95% 69.69% 70.14% 71.93% 69.71% 59.31% 51.63%
7.46% 6.20% 5.44% 5.25% 5.37% 4.51% 4.61% 4.52% 4.38% 4.96% 12.91% 22.01%
75.33% 76.25% 75.01% 73.26% 22.14% 25.55% 25.69% 25.33% 23.68% 25.33% 27.78% 26.36%
No. of Shareholders 4,58,4824,24,6424,01,5813,80,6373,67,9343,54,6713,43,3913,26,4173,05,5932,89,3842,79,1722,58,990

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Concalls