Cartrade Tech share price
NSE: CARTRADEBSE: 543333RetailingSmall Cap
Cartrade Tech Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Aug 2021 · Issue price ₹1,618
Last close ₹2,464.50down ₹356.70 (12.64%)BSE ₹2,463.00
Share price at the NSE close on 28 Oct 2026. Previous close ₹2,821.20.
28 Oct: open ₹2,812.50, high ₹2,912.30, low ₹2,301.10
52-week range of traded prices to 28 Oct 2026
₹1,600.00Low, 30 Apr 2026₹3,290.50High, 17 Nov 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹11,981 Cr565th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 51.82
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 4.55
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 9.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 8.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 48,62,61223.3% delivered
About Cartrade Tech
CarTrade Tech Limited runs online marketplaces in India for buying and selling new and used vehicles and other used goods, from cars and two-wheelers to phones, electronics, furniture and property.123 Its platforms connect consumers, dealers, carmakers (OEMs), banks and other lenders, and auction partners across discovery, auctions, inspection, financing and the final sale.45 Its registered office is in Navi Mumbai.6
Its brands include CarWale, BikeWale, CarTrade, CarWale abSure, Shriram Automall, CarTrade Exchange, Adroit Auto and OLX India.7 It reports its results in 3 segments: Consumer, Remarketing and Classifieds, the last being OLX India.8
It was incorporated on 28 Apr 2000.9 It acquired CarWale and BikeWale in 2016 and a stake in Shriram Automall in 2018, and in 2021 became the first auto portal listed on the stock exchange, the company says.10 On 11 Aug 2023 it bought all of Sobek Auto India, which runs OLX India, for ₹523 crore.11
The company has no holding company; it owns 55.43% of Shriram Automall India Limited, which owns CarTrade Exchange and Adroit, and all of Sobek Auto India Private Limited.121314 Vinay Vinod Sanghi is its Chairman and Managing Director.15
Cartrade Tech key points
Results
- In the quarter to Jun 2026, total income was ₹230 crore, the highest of any quarter; revenue from operations grew 16% and EBITDA (earnings before interest, tax, depreciation and amortisation) 45%, and the consolidated EBITDA margin rose to 31% from 25% a year earlier.1617
- Profit after tax for the quarter to Jun 2026 was ₹57 crore, up 21%, and cash stood at ₹1,321 crore with no debt.181920
- In the year to Mar 2026, consolidated revenue from operations rose 21% to ₹779 crore and total profit after tax rose 68% to ₹244 crore, of which ₹22,299.95 lakh was attributable to the company's shareholders.2122
- Consolidated EBITDA rose 70% in the year to Mar 2026, at a margin of 33%, and the company says EBITDA has grown 45% or more for 16 consecutive quarters.2324
Market position
- In the year to Mar 2026, its platforms drew more than 80 million individual visitors a month on average, over 95% of them organic (arriving without paid advertising).25
Business segments
- Consumer. CarWale, BikeWale, CarTrade and CarWale abSure help buyers research new and used cars and two-wheelers, earning from carmaker advertising, dealer subscriptions and lead generation. In the year to Mar 2026, revenue rose 30% to ₹308 crore and profit after tax 55% to ₹115 crore.262728
- Remarketing. Sellers, dealers and lenders auction used vehicles on Shriram Automall, at 135 locations, and CarTrade Exchange; Adroit Auto inspects and values vehicles. In the year to Mar 2026, revenue rose 22% to ₹259 crore and profit after tax 66% to ₹46 crore.293031
- OLX India. A classifieds platform for buying and selling used goods in 12 categories, including autos, property, phones and furniture, with about 30 million monthly users. In the year to Mar 2026, revenue rose 13% to ₹218 crore and profit 77% to ₹82 crore.323334
- In the quarter to Jun 2026, OLX India's revenue grew 29% and its EBITDA 76%; the company put growth at 18% for Consumer on a standalone basis and 13% for Remarketing.35
Customers and partners
- No single customer accounted for more than 10% of consolidated revenue in the year to Mar 2026.36
- The parent company names Microsoft Online Inc., Google LLC and BMW among its international customers, who made up 1.49% of its own turnover in the year to Mar 2026.37
- CarWale abSure, its certified used-car retail network, runs as a franchise with dealer partners through 269 outlets in 57 cities.38
- Banks and non-bank lenders (NBFCs) make instant car-loan offers on its platforms and carry the loans on their own books; IDFC was the first used-car finance partner to go live.3940
Products and AI
- VAYA, its own artificial intelligence platform launched in 2026, lets a buyer describe a need in plain words and a dealer list a vehicle from a single photograph; the company said on 29 Jul 2026 that it runs across all its platforms.414243
- CarTrade Labs, set up in 2025, is its innovation and research and development division, working on real-time analytics, dynamic pricing models and fraud detection.4445
- Elite Buyer and Elite Seller are paid programmes of extra features on OLX India; Elite Buyer passed 100,000 buyers in a single month and Elite Seller brought about 25% of seller revenue, the company said on 29 Jul 2026.464748
What the company expects
- On its earnings call of 29 Jul 2026, the company said it stood by its earlier guidance of ₹1,000 crore of profit over the next 4 to 5 years.49
- On its earnings call of 29 Jul 2026, the company said its internal goal is 40% profit growth with margins above 40%, and that it has yet to reach the 40% margin.50
- On its earnings call of 29 Jul 2026, the company said OLX India's business buyers could move from free to paid under Elite Buyer within the next few weeks, which it expects to become its largest revenue stream; its documents give no later update.51
- On its earnings call of 29 Jul 2026, the company said it plans similar partnerships with large dealership groups and would charge on a margin-sharing or commission basis.5253
Recent events
- On 29 Jul 2026, the company announced a partnership with Spinny under which consumers can sell or buy used cars digitally on its platforms, with Spinny providing the physical operations.54
- Shareholders approved the re-appointment of Vinay Vinod Sanghi as Managing Director for 5 years from 1 Apr 2026.55
Litigation and regulatory matters
- As of its annual report of 3 Sep 2026, the GST intelligence directorate had proposed a demand of ₹1,481.88 lakh plus interest and penalties over input tax credit (a set-off of GST paid on purchases) on share-sale expenses; the company says the tax was paid.56
Last updated
All 56 sources, each with its page
- 1. Annual report, 3 Sep 2026, page 36
- 2. Annual report, 3 Sep 2026, page 40
- 3. Annual report, 3 Sep 2026, page 68
- 4. Annual report, 3 Sep 2026, page 10
- 5. Annual report, 3 Sep 2026, page 6
- 6. Annual report, 3 Sep 2026, page 64
- 7. Annual report, 3 Sep 2026, page 36
- 8. Annual report, 3 Sep 2026, page 119
- 9. Annual report, 3 Sep 2026, page 101
- 10. Annual report, 3 Sep 2026, page 11
- 11. Annual report, 3 Sep 2026, page 16
- 12. Annual report, 3 Sep 2026, page 42
- 13. Annual report, 3 Sep 2026, page 130
- 14. Annual report, 3 Sep 2026, page 40
- 15. Annual report, 3 Sep 2026, page 9
- 16. Earnings call, 29 Jul 2026, page 4
- 17. Earnings call, 29 Jul 2026, page 12
- 18. Earnings call, 29 Jul 2026, page 4
- 19. Earnings call, 29 Jul 2026, page 5
- 20. Investor presentation, 24 Sep 2026, page 5
- 21. Annual report, 3 Sep 2026, page 36
- 22. Annual report, 3 Sep 2026, page 119
- 23. Annual report, 3 Sep 2026, page 6
- 24. Investor presentation, 24 Sep 2026, page 5
- 25. Annual report, 3 Sep 2026, page 6
- 26. Annual report, 3 Sep 2026, page 18
- 27. Annual report, 3 Sep 2026, page 37
- 28. Annual report, 3 Sep 2026, page 7
- 29. Annual report, 3 Sep 2026, page 36
- 30. Annual report, 3 Sep 2026, page 37
- 31. Annual report, 3 Sep 2026, page 7
- 32. Annual report, 3 Sep 2026, page 36
- 33. Annual report, 3 Sep 2026, page 37
- 34. Annual report, 3 Sep 2026, page 7
- 35. Earnings call, 29 Jul 2026, page 5
- 36. Annual report, 3 Sep 2026, page 120
- 37. Annual report, 3 Sep 2026, page 68
- 38. Annual report, 3 Sep 2026, page 23
- 39. Annual report, 3 Sep 2026, page 22
- 40. Earnings call, 29 Jul 2026, page 21
- 41. Annual report, 3 Sep 2026, page 11
- 42. Annual report, 3 Sep 2026, page 7
- 43. Earnings call, 29 Jul 2026, page 12
- 44. Annual report, 3 Sep 2026, page 11
- 45. Annual report, 3 Sep 2026, page 16
- 46. Earnings call, 29 Jul 2026, page 6
- 47. Earnings call, 29 Jul 2026, page 13
- 48. Earnings call, 29 Jul 2026, page 20
- 49. Earnings call, 29 Jul 2026, page 3
- 50. Earnings call, 29 Jul 2026, page 3
- 51. Earnings call, 29 Jul 2026, page 6
- 52. Earnings call, 29 Jul 2026, page 6
- 53. Earnings call, 29 Jul 2026, page 19
- 54. Earnings call, 29 Jul 2026, page 6
- 55. Annual report, 3 Sep 2026, page 42
- 56. Annual report, 3 Sep 2026, page 130
Results
Consolidated; ₹ crore.Cartrade Tech quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +16.1%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +23.6%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹213 Crup 5.93%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹66 Crup 16.21%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 31.0%
Revenue by quarter
Peak revenue ₹213 Cr, quarter to Sep 2026; lowest ₹170 Cr, quarter to Mar 2025
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 176 | 170 | 173 | 193 | 210 | 203 | 201 | 213 |
| Net profit | 46 | 46 | 47 | 64 | 62 | 71 | 57 | 66 |
| Net margin | 25.8% | 27.2% | 27.2% | 33.1% | 29.3% | 34.9% | 28.2% | 31.0% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹779 Crup 21.55%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹244 Crup 67.63%
- Net margin
- 31.2%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 1 of the 5 years shown
The years either side of a change of basis do not compare. From the year to Mar 2024, the company's revenue for that year, ₹490 Cr, differs from its quarters added, ₹684 Cr; the company reports a discontinued business.
| ₹ crore | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 313 | 364 | 490 | 641 | 779 |
| Net profit | −121 | 40 | 20 | 145 | 244 |
| Net margin | −38.8% | 11.1% | – | 22.7% | 31.2% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share. Net margin is left blank for Mar 2024: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- ConsumerConsumer, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹308 Crup 29.71%39.3%
- RemarketingRemarketing, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹259 Crup 22.10%33.0%
- ClassifiedsClassifieds, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹218 Crup 13.44%27.7%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record. Its history crosses a change of basis in the accounts in the year to Mar 2024: days before it are of the company before the change.Cartrade Tech PE ratio and valuation
Price to earnings
At or below today's level on 13% of 625 trading days over the last 3 years.
LowestHighest
Its median65.11Industry median12.78
Price to book
At or below today's level on 82% of 1,238 trading days over the last 5 years.
LowestHighest
Its median1.97Industry median2.84
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +0.3% | +64.3% | −39.0% | 0.0% |
| 3 years | +61.9% | +85.9% | −12.9% | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.
Mutual fund holdings
101 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 40 of the 53 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 101 funds holding Cartrade Tech
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 8
- AddedAdded. Funds that held more shares than at the end of the month before.
- 23
- CutCut. Funds that held fewer shares than at the end of the month before.
- 30
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 40
| Fund | |||
|---|---|---|---|
 Tata Small Cap FundTata Mutual Fund | 10,59,932 | 2.33% | ₹307.4 Cr |
 HSBC Small Cap FundHSBC Mutual Fund | 6,57,042 | 1.03% | ₹190.5 Cr |
| Tata Digital India FundTata Mutual Fund | 5,56,870 | 1.74% | ₹161.5 Cr |
| Tata Value FundTata Mutual Fund | 4,83,730 | 1.70% | ₹140.3 Cr |
| Tata India Consumer FundTata Mutual Fund | 4,68,000 | 4.98% | ₹135.7 Cr |
 Helios Flexi Cap FundHelios Mutual Fund | 3,90,612 | 1.29% | ₹113.3 Cr |
 LIC MF Large & Mid Cap FundLIC Mutual Fund | 3,34,250 | 3.29% | ₹96.9 Cr |
 Edelweiss Small Cap FundEdelweiss Mutual Fund | 2,28,785 | 0.95% | ₹66.3 Cr |
 ITI Small Cap FundITI Mutual Fund | 2,26,213 | 1.79% | ₹65.6 Cr |
| Tata Balanced Advantage FundTata Mutual Fund | 2,10,429 | 0.76% | ₹61.0 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 29 Oct 2025.Cartrade Tech insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Others: no market trade · 56 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Cartrade Tech competitors and peers
E-Retail/ E-Commerce, 20 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Cartrade Tech in market cap.Consumer services companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 MeeshoMEESHO | 1,05,456 | – | 25.07 | – | – | −21.9% | −31.3% | 0.00% |
 FSN E-Commerce VenturesNYKAA | 98,102 | 383.02 | 68.22 | +27.4% | +221.1% | 18.7% | 22.9% | 0.00% |
 SwiggySWIGGY | 50,652 | – | 2.98 | +42.2% | – | −26.7% | −24.3% | 0.00% |
 Urban CompanyURBANCO | 22,312 | – | 11.27 | – | – | −21.5% | −24.7% | 0.00% |
 Brainbees SolutionsFIRSTCRY | 8,664 | – | 1.79 | +11.7% | – | −2.6% | −1.9% | 0.00% |
 RattanIndia EnterprisesRTNINDIA | 3,374 | – | 4.39 | +2.1% | – | −77.3% | −36.4% | 0.00% |
 MacfosROBU | 1,150 | 40.13 | 10.63 | +52.9% | +61.2% | 30.4% | – | 0.00% |
 AceVectorACEVECTOR | 1,066 | – | 3.34 | – | – | – | – | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.Cartrade Tech announcements
Oct 2026
28 Oct · Results
22 Oct · Board meeting
Sep 2026
25 Sep · Meeting
Cartrade Tech share price by year
Each calendar year to 2025.Cartrade Tech share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 2,826.20 | +90.2% | 3,268.00 | 1,335.15 |
| 2024 | 1,485.70 | +108.2% | 1,616.00 | 632.95 |
| 2023 | 713.70 | +52.3% | 880.65 | 347.90 |
| 2022 | 468.65 | −44.8% | 863.90 | 446.45 |
| 2021 | 848.30 | – | 1,579.80 | 807.85 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 20 Aug 2021.
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 2,813.00 | 2,846.00 | 2,779.00 | 2,821.20 | 2,817.90 | 1,66,755 | 33.9% |
| 26 Oct 2026 | 2,800.00 | 2,867.50 | 2,664.40 | 2,822.10 | 2,757.25 | 4,85,466 | 44.2% |
| 23 Oct 2026 | 2,836.70 | 2,866.00 | 2,660.00 | 2,820.30 | 2,746.57 | 3,28,233 | 36.9% |
| 22 Oct 2026 | 2,898.00 | 2,942.40 | 2,824.90 | 2,840.00 | 2,874.27 | 1,56,985 | 38.6% |
| 21 Oct 2026 | 3,040.10 | 3,054.00 | 2,916.10 | 2,958.30 | 2,956.33 | 2,80,885 | 52.1% |
| 19 Oct 2026 | 3,000.00 | 3,055.00 | 2,956.20 | 3,032.90 | 3,023.82 | 2,49,070 | 44.0% |
| 16 Oct 2026 | 2,960.00 | 3,025.00 | 2,881.00 | 3,011.40 | 2,969.43 | 3,39,614 | 36.8% |
| 15 Oct 2026 | 3,125.00 | 3,131.90 | 2,930.40 | 2,964.00 | 3,024.42 | 3,07,134 | 44.5% |
| 14 Oct 2026 | 3,135.00 | 3,186.00 | 3,075.00 | 3,151.50 | 3,129.57 | 2,72,238 | 37.9% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- CARTRADE
- BSE code
- 543333
- ISIN
- INE290S01011
- Industry
- Retailing
- Website
- www.cartradetech.com
- CIN
- L74900MH2000PLC126237
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2000
- Registered office
- 1st Floor, Plot No. D-507, Shree Sawan Knowledge Park, TTC MIDC Industrial Area, Turbhe, Navi Mumbai 400703, Maharashtra
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
In Nifty 500, Nifty Smallcap 250, BSE SmallCap, Nifty Total Market, BSE Consumer Discretionary, Nifty Consumer Services