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Cartrade Tech Ltd share Price Today

Company details

797.10
817.00
470.45
973.60
6M Return 3.50%
1Y Return 55.26%
Mkt Cap.(Cr) 3,778.94
Volume 411,726
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 411,726

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Internet & Catalogue Retail company CarTrade Tech announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Recorded Total Income at Rs 160.61 crore, resulting in growth of 38%.
  • Adjusted EBITDA for the quarter is at Rs 49.11 crore, resulting in growth of 23%.
  • Profit Before Tax for the quarter is at Rs 29.73 crore, resulting in growth of 30%.
  • Profit After Tax for the quarter is at Rs 24.97 crore, resulting in growth of 43%.

FY24 Financial Highlights:

  • Recorded Total Income at Rs 555.23 crore, resulting in a YoY growth of 30%.
  • Adjusted EBITDA for the period is at Rs 164.74 crore, resulting in a YoY growth of 32%.
  • Profit Before Tax for the period is at Rs 98.04 crore, resulting in a YoY growth of 62%.
  • Profit from continuing operations for the period stood at Rs 82.13 crore, resulting in a YoY growth of 103%

Commenting on the company’s performance, Vinay Sanghi, Chairman and Founder, CarTrade Tech, said, "Financial year 2024, has been a pivotal year for our company. We are proud to announce our record-breaking quarterly results. We have reached our highest ever quarterly revenue of Rs 161 crore, representing a substantial growth of 38% and a quarterly profit after tax of Rs 25 crore, with a strong 43% growth YoY. 

The acquisition of OLX India during this period has not only strengthened our leadership position and also paved the way for substantial synergies among OLX India, CarWale, BikeWale, and Shriram Automall. Leveraging our leadership expertise, we are poised to capitalise on numerous opportunities to innovate and cater to our unique monthly visitor base of 70 million across various platforms.

Looking ahead, our focus remains steadfast on driving sustainable and profitable growth in the forthcoming years."

Result PDF

View Other Company Results

Cartrade Tech Ltd shares SWOT Analysis

Strengths (5)

  • Good quarterly growth in the recent results
  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Growth in Net Profit with increasing Profit Margin (QoQ)

Weakness (2)

  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
  • Major fall in TTM Net Profit

Opportunity (2)

  • Turnaround companies- loss to profit QoQ
  • Negative to Positive growth in Sales and Profit with Strong Price momentum

Threats (1)

  • High PE (PE > 40)

Resistance and support

R1 816.3
R2 826.6
R3 836.2
Pivot

806.68

S1 796.4
S2 786.8
S3 776.5
EMA SMA
827.9
808.9
771.7
718.2
847.4
804.9
754.3
717.7
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
TAIYO GREATER INDIA FUND LTD Bulk Sell 2024-06-07 816.71 265500 NSE
TT EMERGING MARKETS UNCONSTRAINED FUND Bulk Purchase 2024-05-31 900 546012 NSE
CMDB II Bulk Sell 2024-05-31 900 1876059 NSE
Name Category Shares
Clearing Members PUBLIC 1.35%
Orbis Financial Corporation Limited PUBLIC 1.35%
HUF PUBLIC 0.52%
Zerodha Broking PUBLIC 1.18%
Vinay Sanghi PUBLIC 2.09%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
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Cartrade Tech Ltd Stocks COMPARISON

Financials( in Cr) Cartrade Tech Ltd Avenue Supermarts Ltd Trent Ltd Aditya Birla Fashion & Retail Ltd Vedant Fashions Ltd
Price 805.95 4,739.95 5,245.55 328.60 1,147.65
% Change -0.19 1.79 4.41 0.52 -0.05
Mcap Cr 3,778.94 308,444.19 186,474.06 33,353.23 27,872.98
Revenue TTM Cr 363.74 42,839.56 12,375.11 12,417.90 1,354.93
Net Profit TTM Cr 40.43 2,378.34 1,477.46 -59.47 429.11
PE TTM 49.35 119.49 195.21 0.00 67.31
1 Year Return 55.26 28.88 211.19 56.22 -11.86
ROCE 3.10 20.14 23.52 0.00 36.34
ROE 1.89 15.99 27.16 0.00 34.57
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 2,043.44 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 36,912.43 -3,369.63
LAST 3M 113,155.52 -42,728.98
LAST 6M 184,812.44 -13,263.60
LAST 12M 291,104.04 102,297.21

Cartrade Tech Ltd Information

Stock PE (TTM)
49.35
Promoter Holding
0%
Book Value
441.4788
ROCE
3.1%
ROE
1.89%
Description
  • The Company was incorporated as `Kaymo Fastener Company Private Limited` on 28 April 2000 at Mumbai, Maharashtra as a private limited company under the Companies Act, 1956, and was granted the certificate of incorporation by the Registrar of Companies, Maharashtra at Mumbai ("RoC"). The name of the Company was subsequently changed to `MXC Solutions India Private Limited` pursuant to a special resolution passed by our Shareholders at the EGM held on 31 July 2009, and a fresh certificate of incorporation was issued by the RoC on 12 August 2009. The name of the Company was thereafter changed to `CarTrade Tech Private Limited`, pursuant to a special resolution passed by the Shareholders at the EGM held on 31 March 2021, and a fresh certificate of incorporation was issued by the RoC on 20 April 2021. The Company was converted from a private limited company to a public limited company, pursuant to a special resolution passed by the Shareholders at the EGM held on 29 April 2021 and the name of the Company was changed to `CarTrade Tech Limited`. The company operates an automotive digital ecosystem which connects automobile customers,OEMs,dealers,banks,insurance companies and other stakeholders.The company owns and operates under several brands such as CarTrade,Carwale and AutoBiz.Through these platforms,the company enables new and used customers,vehicle dealerships,OEMs and other businesses to buy and sell their vehicles in a simple and efficient manner. In August 2021,the company came out with an IPO offered 18532216 equity shares of Rs 10 each at a price of Rs 1618 per share aggregating up to Rs 2998.15 crore. The allotted shares were listed on the BSE Ltd and National Stock Exchange of India(NSE) on 20 August 2021.

Registered Address

12th Floor Vishwaroop IT Park, Sector 30A Vashi, Mumbai, Maharashtra, 400705

Tel : 91-22-67398888
Email : investor:cartrade.com
Website : http://www.cartradetech.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543333
NSE Code : CARTRADE
Book Closure Date (Month) :
BSE Group : A
ISIN : INE290S01011

FAQ’s on Cartrade Tech Ltd Shares

You can buy Cartrade Tech Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Cartrade Tech Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:57 PM the closing price of Cartrade Tech Ltd was Rs.805.95.

The latest PE ratio of Cartrade Tech Ltd as of Jun 14, 2024 03:57 PM is 49.35

The latest PB ratio of Cartrade Tech Ltd as of Jun 14, 2024 03:57 PM is 0.55

The 52-week high of Cartrade Tech Ltd share price is Rs. 973.60 while the 52-week low is Rs. 470.45

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 14, 2024 03:57 PM, the market cap of Cartrade Tech Ltd stood at Rs. 3,778.94.

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