Cartrade Tech Ltd

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

Cartrade Tech Ltd

₹ 823 2.05%
04 Jul 11:45 a.m.
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 ₹ 3,885 Cr.
  • Current Price ₹ 823
  • High / Low ₹ 974 / 484
  • Stock P/E 66.1
  • Book Value ₹ 441
  • Dividend Yield 0.00 %
  • ROCE 4.79 %
  • ROE 2.86 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Company is expected to give good quarter

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of -0.50% over last 3 years.
  • Working capital days have increased from 122 days to 364 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
82 53 78 89 93 83 88 97 96 86 120 139 145
66 101 111 117 119 80 80 87 84 81 99 113 118
Operating Profit 16 -48 -33 -28 -26 2 8 11 12 5 21 25 27
OPM % 19% -90% -42% -31% -28% 3% 9% 11% 12% 6% 18% 18% 19%
10 10 11 14 13 10 15 19 21 21 -2 -32 17
Interest 1 5 2 2 2 2 2 2 2 2 2 2 3
Depreciation 5 1 7 6 6 7 7 7 8 8 9 10 10
Profit before tax 19 -45 -31 -22 -21 4 14 20 23 16 8 -19 31
Tax % 18% -3% -16% 18% 0% 13% 59% 30% 24% 14% 34% -26% 20%
16 -46 -35 -18 -21 3 6 14 18 14 5 -24 25
EPS in Rs 36.97 -68.40 -8.22 -5.02 -5.51 0.55 0.74 2.79 3.19 2.77 0.64 -5.17 4.80
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
33 78 243 298 250 313 364 490
195 131 213 258 210 446 330 411
Operating Profit -162 -53 30 40 40 -133 34 79
OPM % -499% -68% 12% 14% 16% -43% 9% 16%
18 20 24 20 32 46 64 3
Interest 0 0 3 4 5 7 9 9
Depreciation 1 3 15 17 20 25 29 37
Profit before tax -146 -37 35 39 47 -119 61 36
Tax % -0% 0% 27% 20% -120% -2% 33% 44%
-146 -37 26 31 103 -121 40 20
EPS in Rs -461.48 -107.09 48.39 63.43 258.07 -28.33 7.26 3.05
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 15%
3 Years: 25%
TTM: 35%
Compounded Profit Growth
10 Years: %
5 Years: 48%
3 Years: -14%
TTM: 74%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 56%
Return on Equity
10 Years: %
5 Years: 1%
3 Years: -1%
Last Year: 3%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 3 3 3 3 4 47 47 47
Reserves 948 1,185 1,193 1,224 1,638 1,933 1,997 2,023
Preference Capital 31 35 35 35 39 0 0
0 0 34 42 55 77 86 112
70 63 194 198 228 220 210 327
Total Liabilities 1,021 1,252 1,424 1,467 1,924 2,276 2,340 2,510
792 789 1,010 1,016 1,022 1,041 1,042 1,489
CWIP 0 0 0 0 0 0 0 0
Investments 165 405 287 295 645 884 985 510
65 58 127 157 255 351 312 511
Total Assets 1,021 1,252 1,424 1,467 1,924 2,276 2,340 2,510

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-50 35 17 35 63 48 16
-222 -20 -8 -341 -281 -17 -110
269 -5 -11 308 229 -39 -33
Net Cash Flow -3 9 -2 2 12 -7 -127

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 197 99 54 57 69 48 52 55
Inventory Days 0
Days Payable 417
Cash Conversion Cycle 197 99 54 -359 69 48 52 55
Working Capital Days 148 108 -7 44 47 -5 6 364
ROCE % -5% 2% 3% -6% 3%

Shareholding Pattern

Numbers in percentages

35 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
16.03% 17.21% 17.55% 19.55% 21.49% 72.47% 69.95% 69.69% 70.14% 71.93% 69.71%
8.18% 7.46% 6.20% 5.44% 5.25% 5.37% 4.51% 4.61% 4.52% 4.38% 4.96%
75.79% 75.33% 76.25% 75.01% 73.26% 22.14% 25.55% 25.69% 25.33% 23.68% 25.33%
No. of Shareholders 5,24,3054,58,4824,24,6424,01,5813,80,6373,67,9343,54,6713,43,3913,26,4173,05,5932,89,384

* 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