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 76.0
  • Book Value ₹ 450
  • Dividend Yield 0.00 %
  • ROCE 4.20 %
  • ROE 0.42 %
  • Face Value ₹ 10.0
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Pros

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

Cons

  • Stock is trading at 3.32 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 -1.36% over last 3 years.

* 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

Consolidated Figures in Rs. Crores / View Standalone

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
78 89 93 83 88 97 96 86 120 139 145 141 154
111 117 119 80 80 87 84 81 99 113 118 120 122
Operating Profit -33 -28 -26 2 8 11 12 5 21 25 27 22 33
OPM % -42% -31% -28% 3% 9% 11% 12% 6% 18% 18% 19% 15% 21%
11 14 13 10 15 19 21 21 -2 -32 17 16 18
Interest 2 2 2 2 2 2 2 2 2 2 3 3 3
Depreciation 7 6 6 7 7 7 8 8 9 10 10 10 11
Profit before tax -31 -22 -21 4 14 20 23 16 8 -19 31 24 37
Tax % 16% -18% -0% 13% 59% 30% 24% 14% 34% 26% 20% 7% 17%
-35 -18 -21 3 6 14 18 14 5 -24 25 23 31
EPS in Rs -8.22 -5.02 -5.51 0.55 0.74 2.79 3.19 2.77 0.64 -5.17 4.80 4.72 5.89
Raw PDF

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 TTM
33 78 243 298 250 313 364 490 579
195 131 213 258 210 446 330 410 472
Operating Profit -162 -53 30 40 40 -133 34 80 107
OPM % -499% -68% 12% 14% 16% -43% 9% 16% 18%
18 20 24 20 32 46 64 3 18
Interest 0 0 3 4 5 7 9 10 10
Depreciation 1 3 15 17 20 25 29 37 41
Profit before tax -146 -37 35 39 47 -119 61 36 74
Tax % 0% 0% 27% 20% -120% 2% 33% 44%
-146 -37 26 31 103 -121 40 20 55
EPS in Rs -461.48 -107.09 48.39 63.43 258.07 -28.33 7.26 3.05 10.24
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 15%
3 Years: 25%
TTM: 45%
Compounded Profit Growth
10 Years: %
5 Years: 1%
3 Years: -55%
TTM: 69%
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: 0%

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 Sep 2024
Equity Capital 3 3 3 3 4 47 47 47 47
Reserves 948 1,185 1,193 1,224 1,638 1,933 1,997 2,023 2,081
31 35 68 77 93 77 86 112 123
39 28 159 163 189 220 210 326 318
Total Liabilities 1,021 1,252 1,424 1,467 1,924 2,276 2,340 2,508 2,569
792 789 1,010 1,016 1,022 1,041 1,042 1,489 1,492
CWIP 0 0 0 0 0 0 0 0 0
Investments 165 405 287 295 645 884 985 510 559
65 58 127 157 255 351 312 509 518
Total Assets 1,021 1,252 1,424 1,467 1,924 2,276 2,340 2,508 2,569

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 13
269 -5 -11 308 229 -39 -33
Net Cash Flow -3 9 -2 2 12 -7 -4

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 -11
ROCE % -5% 2% 3% -6% 3% 4%

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.

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Documents

Announcements

Annual reports

DRHP

Concalls