loader2
Partner With Us NRI

Cartrade Tech Ltd share Price Today

Company details

721.35
742.95
340.15
899.65
6M Return 50.79%
1Y Return 46.60%
Mkt Cap.(Cr) 3,423.64
Volume 79,765
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 79,765

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Internet Catalogue & Retail company CarTrade Tech announced Q2FY24 & H1FY24 results:

  • Q2FY24:
    • Recorded a total income of Rs 330.24 crore in Q2FY24 and net revenue of Rs 147.94 crore in Q2FY24.
    • Adjusted EBITDA for Q2FY24 is at Rs 31.91 crore.
    • PBT for Q2FY24 stood at Rs 15.50 crore.
    • PAT for Q2FY24 stood at Rs 12.97 crore and witnessed a YoY growth of 132%
  • H1FY24:
    • Recorded a total income of Rs 437.16 crore in H1FY24 and net revenue of Rs 254.86 crore in Q2FY24.
    • Adjusted EBITDA for the period is at Rs 62.86 crore, resulting in a YoY growth of 30%.
    • PBT for H1FY24 stood at Rs 31.27 crore.
    • PAT for H1FY24 stood at Rs 26.48 crore and witnessed a YoY growth of 198%.
  • The platforms received 70 million average monthly unique visitors for Q2FY24, of which 90% were organic.
  • The number of annualized listings for auctions conducted by Shriram Automall was 1.2 million based on Q2FY24. The volumes sold via auction were 1,05,263 for H1FY24.
  • The company is now present in 350 Physical Locations, including Automalls, abSure, Signature & OLX outlets.

Commenting on the company’s performance, Vinay Sanghi, Chairman and Founder, CarTrade Tech, said, “This has been an important quarter for CarTrade Tech, highlighted by the acquisition and ongoing integration of the OLX India business. Our strategy has involved restructuring the OLX operations to improve our unit economics and ensure that the classifieds business enhances and supports our consumer group business effectively.

This strategic move strengthens our leadership in the market, making us the number one auto portal, classifieds platform, and auto auction platform in the country. Our platforms together attract around 70 million unique visitors each month, of which 90% originate organically. This is a testament to the strength of our brands and our dedication to offer a superior customer experience."

 

Result PDF

View Other Company Results

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Cartrade Tech Ltd Stocks COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 2,043.44 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 21,819.21 39,849.27
LAST 3M 59,182.99 17,912.96
LAST 6M 101,166.54 92,564.27
LAST 12M 166,925.45 138,096.90

Cartrade Tech Ltd Information

Stock PE (TTM)
65.93
Promoter Holding
0%
Book Value
441.9053
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 Dec 08, 2023 03:59 PM the closing price of Cartrade Tech Ltd was ₹ 730.75.

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 Dec 08, 2023 03:59 PM, the market cap of Cartrade Tech Ltd stood at ₹ 3,423.64.

The latest PE ratio of Cartrade Tech Ltd as of Dec 08, 2023 03:59 PM is 65.93

The latest PB ratio of Cartrade Tech Ltd as of Dec 08, 2023 03:59 PM is 0.60

The 52-week high of Cartrade Tech Ltd is ₹ 899.65 while the 52-week low is ₹ 340.15

Download Our App

market app
market app