NSE: CARTRADE · BSE: 543333 · ISIN INE290S01011
Cartrade Tech Limited stock analysis
Cartrade Tech Limited ranks #456 in the TickerSutra evidence-ranked universe with a score of 64/100 and 88% data confidence. The latest captured fundamentals show ROCE of 11.8%, quarterly sales growth of 16.3% and quarterly profit growth of 24.4%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Low debt/equity of 0.06×
- Strong CFO/EBITDA of 1×
- 28.9% three-year sales CAGR
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹313cr | ₹-133cr | ₹-121cr | -43.0% |
| 2023 | ₹364cr | ₹34cr | ₹40cr | 9.0% |
| 2024 | ₹490cr | ₹80cr | ₹20cr | 16.0% |
| 2025 | ₹641cr | ₹152cr | ₹145cr | 24.0% |
| 2026 | ₹779cr | ₹258cr | ₹244cr | 33.0% |
| TTM | ₹807cr | ₹276cr | ₹253cr | 34.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Proceeding of 26th AGM of CarTrade Tech Limited attached
RoutineShareholders meetingNSE · 25 Sept 2026Cartrade Tech Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 25, 2026
RoutineAnalyst/Investor Meet Para A-XBRLNSE · 21 Sept 2026 · Structured filingCARTRADE TECH LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet
CARTRADE TECH LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet
Open original XBRL sourceCartrade Tech Limited has informed the Exchange about Schedule of meet
RoutinePress ReleaseNSE · 15 Sept 2026Cartrade Tech Limited has informed the Exchange regarding a press release dated September 14, 2026, titled "Press Release".
MANAGEMENT COMMENTARY
Signals from filed documents
If the cash balance didn't exist, the ROE would be much higher. Shrenik Mehta: Yes, so when do you think that possibility would come in from your regulatory Vinay Sanghi: Aneesha you want to answer that question? I think we've also got tax shelters that the company benefits from, but I think we're going to be two to three years, Aneesha is that correct?
We mostly focus on volume increases and depth of the impact we make with the dealer. There are price increases, but they're more inflationary in nature. The bulk of the growth comes from higher relevance and volume.
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
DIRECTOR & BUSINESS NETWORK
Loading corporate intelligence
Loading universe coverage and exchange-backed evidence…