CarTrade Tech Limited
CarTrade Tech Limited operates a multi-channel online automotive platform in India and internationally. The company provides services, including buying, selling, marketing, valuation, and financing of new and pre-owned vehicles. It also offers new car original equipment manufacturers (OEM) solutions that provides OEMs with consumer insights and data-driven solutions for building their digital marketing strategies; new car dealer solutions, which offers customers content and research tools, such as car reviews, on road prices, car specifications, car images, car finance offers, and others; used car dealer solutions to buy and sell used cars; and technology solutions for OEMs and dealers, including dealer management systems and auto finance solutions. In addition, the company provides new two-wheeler OEM and dealer solutions; online and offline auctioning of vehicles comprising cars, bikes, trucks, farm equipment, and construction equipment; inspection and valuation services for banks and insurance companies; and technology solutions to OEMs, dealers, banks, NBFCs, insurance companies, leasing companies, fleet owners, etc. to inspect and valuate vehicles. Further, it operates a platform that offers smart, safe and convenient way to buy and sell cars, find housing, get jobs, buy and sell household goods, under the OLX India brand name. The company offers its services under the CarWale, Shriram Automall, Adroit Auto, BikeWale, CarTrade, DriveASmile, Cartrade Infotech, CarTrade Ventures, Mobility Outlook, and CarWale abSure brands. CarTrade Tech Limited was incorporated in 2000 and is based in Navi Mumbai, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockRule-based from financial data. Not advice.
Historically, Jul has averaged the highest return (+14.4%); Feb the lowest (-12.8%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -6.2%Negative MonthJan 2026: -6.25% | -32.0%Negative MonthFeb 2026: -32.05% | -8.4%Negative MonthMar 2026: -8.40% | -1.6%Neutral MonthApr 2026: -1.62% | +10.7%Positive MonthMay 2026: +10.72% | +49.8%Positive MonthJun 2026: +49.83% | +9.7%*Positive MonthJul 2026: +9.71% | β | β | β | β | β |
| 2025 | +10.9%Positive MonthJan 2025: +10.92% | -8.6%Negative MonthFeb 2025: -8.56% | +8.9%Positive MonthMar 2025: +8.92% | +3.7%Positive MonthApr 2025: +3.69% | -8.4%Negative MonthMay 2025: -8.44% | +9.4%Positive MonthJun 2025: +9.40% | +28.0%Positive MonthJul 2025: +28.04% | +9.7%Positive MonthAug 2025: +9.67% | +2.2%Positive MonthSep 2025: +2.22% | +23.0%Positive MonthOct 2025: +23.00% | +2.4%Positive MonthNov 2025: +2.43% | -8.4%Negative MonthDec 2025: -8.41% |
| 2024 | +1.9%Neutral MonthJan 2024: +1.92% | +8.5%Positive MonthFeb 2024: +8.51% | -19.3%Negative MonthMar 2024: -19.34% | +12.1%Positive MonthApr 2024: +12.10% | +21.6%Positive MonthMay 2024: +21.58% | -10.3%Negative MonthJun 2024: -10.28% | +11.2%Positive MonthJul 2024: +11.22% | -2.1%Negative MonthAug 2024: -2.14% | +13.7%Positive MonthSep 2024: +13.69% | +12.0%Positive MonthOct 2024: +11.97% | +25.7%Positive MonthNov 2024: +25.72% | +9.6%Positive MonthDec 2024: +9.58% |
| 2023 | +6.9%Positive MonthJan 2023: +6.92% | -6.5%Negative MonthFeb 2023: -6.49% | -17.3%Negative MonthMar 2023: -17.29% | +8.2%Positive MonthApr 2023: +8.23% | -0.6%Neutral MonthMay 2023: -0.61% | +15.5%Positive MonthJun 2023: +15.47% | +5.2%Positive MonthJul 2023: +5.23% | +8.4%Positive MonthAug 2023: +8.39% | +0.1%Neutral MonthSep 2023: +0.11% | +22.2%Positive MonthOct 2023: +22.19% | +13.8%Positive MonthNov 2023: +13.81% | -6.6%Negative MonthDec 2023: -6.60% |
| 2022 | -14.6%Negative MonthJan 2022: -14.56% | -25.5%Negative MonthFeb 2022: -25.54% | +7.9%Positive MonthMar 2022: +7.86% | +11.6%Positive MonthApr 2022: +11.58% | -3.9%Negative MonthMay 2022: -3.87% | -5.2%Negative MonthJun 2022: -5.15% | +17.9%Positive MonthJul 2022: +17.88% | -7.6%Negative MonthAug 2022: -7.58% | -5.3%Negative MonthSep 2022: -5.28% | -10.8%Negative MonthOct 2022: -10.81% | -11.7%Negative MonthNov 2022: -11.75% | -2.4%Negative MonthDec 2022: -2.44% |
| 2021 | β | β | β | β | β | β | β | β | -16.8%Negative MonthSep 2021: -16.84% | -3.2%Negative MonthOct 2021: -3.21% | -23.8%Negative MonthNov 2021: -23.75% | -7.2%Negative MonthDec 2021: -7.18% |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 6 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ238.00 Cr | β | βΉ74.00 Cr | β | β | 3.4% | 27.3% | 76.2% |
| Mar 2024 | βΉ187.00 Cr | β | βΉ42.00 Cr | β | β | 2.0% | 19.1% | 27.3% |
| Mar 2023 | βΉ157.00 Cr | β | βΉ33.00 Cr | β | β | 1.7% | 25.6% | -122.6% |
| Mar 2022 | βΉ125.00 Cr | β | βΉ-146.00 | β | β | -7.5% | 34.4% | -284.8% |
| Mar 2021 | βΉ93.00 Cr | β | βΉ79.00 Cr | β | β | 4.9% | -22.5% | 690.0% |
| Mar 2020 | βΉ120.00 Cr | β | βΉ10.00 Cr | β | β | 0.8% | 30.4% | 66.7% |
| Mar 2019 | βΉ92.00 Cr | β | βΉ6.00 Cr | β | β | 0.5% | 217.2% | 20.0% |
| Mar 2018 | βΉ29.00 Cr | β | βΉ5.00 Cr | β | β | 0.4% | 16.0% | -138.5% |
| Mar 2017 | βΉ25.00 Cr | β | βΉ-13.00 | β | β | -1.1% | 8.7% | -90.3% |
| Mar 2016 | βΉ23.00 Cr | β | βΉ-134.00 | β | β | -13.9% | 53.3% | 97.1% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Net Sales | 15 | 23 | 25 | 29 | 92 | 120 | 93 | 125 | 157 | 187 | 238 | 274 |
| Total Expenses | 90 | 176 | 65 | 53 | 104 | 123 | 88 | 303 | 160 | 171 | 177 | 182 |
| EBIT / Operating Profit | -76 | -153 | -40 | -24 | -11 | -2 | 5 | -178 | -3 | 16 | 60 | 92 |
| OPM % | -521% | -665% | -160% | -83% | -12% | -2% | 5% | -143% | -2% | 9% | 25% | 34% |
| Other Income | 8 | 20 | 27 | 30 | 20 | 17 | 20 | 32 | 56 | 46 | 41 | 43 |
| Finance Costs | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 1 |
| Depreciation & Amortisation | 0 | 1 | 0 | 0 | 1 | 5 | 5 | 5 | 6 | 8 | 10 | 9 |
| Profit Before Tax | -68 | -134 | -13 | 6 | 7 | 9 | 20 | -152 | 46 | 54 | 91 | 125 |
| Tax % | -0% | 0% | 0% | 19% | 11% | -10% | -292% | -4% | 30% | 21% | 18% | - |
| Net Profit / PAT | -68 | -134 | -13 | 5 | 6 | 10 | 79 | -146 | 33 | 42 | 74 | 98 |
| EPS (βΉ) | -215.45 | -423.21 | -37.86 | 13.45 | 18 | 29.54 | 221.55 | -31.33 | 6.96 | 9 | 15.70 | 20.54 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | - |
Peer Comparison
Technology sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| CarTrade Tech Limitedthis co. | βΉ13.42 K Cr | βΉ238.00 Cr | 138.00 | 6.03 | 216.09 | 27.3% |
| Bharti Airtel Ltd. | βΉ12.19 L Cr | βΉ1.09 L Cr | 50.40 | 8.31 | 27.19 | 15.8% |
| Tata Consultancy Services Ltd. | βΉ11.84 L Cr | βΉ2.15 L Cr | 24.20 | 13.91 | 18.91 | 6.2% |
| Infosys Ltd | βΉ6.48 L Cr | βΉ1.37 L Cr | 24.20 | 7.17 | 16.31 | 5.9% |
| HCL Technologies Ltd | βΉ4.52 L Cr | βΉ51.10 K Cr | 36.80 | 14.48 | β | 6.2% |
| Bharat Electronics Ltd. | βΉ3.02 L Cr | βΉ23.66 K Cr | 53.30 | 14.23 | 51.32 | 17.3% |
| Wipro Ltd. | βΉ2.77 L Cr | βΉ67.29 K Cr | 23.00 | 4.29 | 18.85 | 0.8% |
| Industry Average | β | βΉ10.05 K Cr | 69.99 | 8.58 | 66.75 | 22.0% |
