CarTrade Tech Ltd. AI Stock Analysis
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CarTrade Tech Ltd. (CARTRADE) AI Stock Analysis
CarTrade Tech Ltd.
(NSE:CARTRADE)
Strong financial performance with a robust balance sheet and recovering profitability is the primary positive driver. Bearish technical indicators and elevated valuation metrics are the main factors limiting the overall score.
CarTrade Tech Ltd. (CARTRADE) vs. iShares MSCI India ETF (INDA)
- Market Cap
- INR 131.07B
- Dividend Yield
- ―
- Average Volume (3M)
- 57.63K
- Price to Earnings (P/E)
- 55.9
- Beta (1Y)
- 1.56
- Revenue Growth
- 16.13%
- EPS Growth
- 22.25%
- Country
- India
- Employees
- 1,152
- Sector
- General
- Sector Strength
- 55
- Industry
- Auto - Dealerships
CarTrade Tech Ltd. Business Overview & Revenue Model
Company Description
CarTrade Tech Limited, founded in 2000 and based in Navi Mumbai, India, operates a comprehensive multi-channel digital platform for the automotive industry, facilitating the purchase and sale of both new and pre-owned vehicles. The company assists ne...
How the Company Makes Money
CarTrade Tech primarily makes money by monetizing its automotive marketplaces and allied technology/services offered to participants in the vehicle ecosystem (dealers, OEMs, and other auto-industry partners). Key revenue streams generally include: (1...
CarTrade Tech Ltd. Financial Statement Overview
Summary
Robust balance sheet with minimal debt and strong equity growth, coupled with recovering profitability and improving cash flows, though revenue growth has moderated recently.
Income Statement
82Very PositiveBalance Sheet
90Very PositiveCash Flow
78Positive| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.27B | 7.79B | 6.41B | 4.90B | 3.64B | 3.13B |
| Gross Profit | 6.86B | 7.79B | 3.53B | 2.41B | 1.49B | -304.39M |
| EBITDA | 3.67B | 3.41B | 1.51B | 810.98M | 345.95M | -1.34B |
| Net Income | 2.31B | 2.23B | 1.35B | 143.03M | 339.98M | -1.32B |
Balance Sheet | ||||||
| Total Assets | 31.66B | 30.09B | 27.05B | 25.10B | 23.43B | 22.81B |
| Cash, Cash Equivalents and Short-Term Investments | 11.87B | 9.44B | 7.94B | 6.74B | 10.27B | 9.35B |
| Total Debt | 1.29B | 1.40B | 1.31B | 1.12B | 864.28M | 774.55M |
| Total Liabilities | 3.81B | 3.91B | 3.79B | 3.53B | 2.21B | 2.06B |
| Stockholders Equity | 26.32B | 24.83B | 22.21B | 20.70B | 20.43B | 19.79B |
Cash Flow | ||||||
| Free Cash Flow | 0 | 2.30B | 1.66B | 129.62M | 411.05M | 573.84M |
| Operating Cash Flow | 0 | 2.57B | 1.71B | 158.73M | 482.16M | 631.57M |
| Investing Cash Flow | 0 | -2.31B | -1.38B | -1.10B | -165.51M | -2.81B |
| Financing Cash Flow | 0 | -233.65M | -268.17M | -329.25M | -391.22M | 2.29B |
CarTrade Tech Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CARTRADE, the sentiment is Positive. The current price of 2692.15 is above the 20-day moving average (MA) of 2674.33, below the 50-day MA of 2861.60, and above the 200-day MA of 2391.94, indicating a neutral trend. The MACD of -73.40 indicates Negative momentum. The RSI at 49.01 is Neutral, neither overbought nor oversold. The STOCH value of 81.59 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:CARTRADE.
CarTrade Tech Ltd. Peers Comparison
Overall Rating
IN:CEATLTD68Neutral- IN:CARTRADE66Neutral
IN:JKTYRE64Neutral
IN:JBMA48Neutral
IN:LANDMARK46Neutral
IN:PVSL40Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| IN:CEATLTD | 68Neutral | INR 143.41B | 27.69 | ― | 0.99% | 24.48% | 4.36% |
| IN:CARTRADE | 66Neutral | INR 130.88B | 55.95 | ― | ― | 16.13% | 22.25% |
| IN:JKTYRE | 64Neutral | INR 104.84B | 20.98 | ― | 1.10% | 12.54% | -11.70% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| IN:JBMA | 48Neutral | INR 117.66B | 51.09 | ― | 0.17% | 15.91% | 10.45% |
| IN:LANDMARK | 46Neutral | INR 19.77B | 31.70 | ― | 0.31% | 17.96% | 197.56% |
| IN:PVSL | 40Underperform | INR 6.41B | -817.82 | ― | ― | 34.78% | 97.75% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IN:CARTRADE | CarTrade Tech Ltd. | 2692.15 | -576.20 | -17.63% | |
| IN:CEATLTD | CEAT Limited | 3545.35 | -440.21 | -11.05% | |
| IN:JBMA | JBM Auto Limited | 497.50 | -143.16 | -22.35% | |
| IN:JKTYRE | JK Tyre & Industries Limited | 363.65 | -93.45 | -20.44% | |
| IN:LANDMARK | Landmark Cars Ltd. | 476.85 | -69.81 | -12.77% | |
| IN:PVSL | Popular Vehicles and Services Limited | 89.97 | -54.58 | -37.76% |
CarTrade Tech Ltd. Corporate Events
Landmark Cars and OLX India Join Forces on Phygital Used-Car Platform
Landmark Cars Limited and OLX India, part of CarTrade Tech Limited, have formed a strategic partnership to build an integrated “phygital” platform for India’s pre-owned car market, combining Landmark’s nationwide dealership and service network with O...
CarTrade Tech Publishes New Investor Presentation for Market Stakeholders
CarTrade Tech Ltd. has released an investor presentation in compliance with Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements. The presentation has been filed with both BSE and NSE and is also accessible on the company’s officia...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 04, 2026