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Cartrade Tech Ltd.

CARTRADEConsumer Discretionary filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

5 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 5 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT202111032021-09-30yes
TRANSCRIPT202205092022-03-31yes
TRANSCRIPT202208042022-06-30yes
TRANSCRIPT202210282022-09-30yes
TRANSCRIPT202305062023-03-31yes
TRANSCRIPT202408062024-06-30yes
TRANSCRIPT202411042024-09-30yes
TRANSCRIPT202508042025-06-30yes
TRANSCRIPT202511042025-09-30yes
TRANSCRIPT202605142026-03-31yes

CARTRADE

files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisiongeneral
Scope servedconsolidated
Panels on this page4

Market

No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.

Last close3,004.80
52-week range1623.4 – 3268.0
Return 1M-4.45%
Return 3M11.52%
Return 1Y20.53%
Return 3Y454.34%
Return 5Y126.67%
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations201.00
Other income29.00
Total income230.00
Cost of materials consumed0.00
Purchases of stock-in-trade0.00
Changes in inventories0.00
Employee benefit expense83.00
Finance costs3.00

Ownership — 2026-06-30, and the change from 2026-03-31

HolderPer centChange
promoter and promoter groupnot disclosed—
institutions foreign0.54-0.06
institutions domestic0.160.04
mutual funds0.110.01
public1.000.00

Documents on file

ClassMost recentOn file
TRANSCRIPT2026-03-3110

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2022-09-302022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations88.0097.0096.0086.00314.00139.00145.00141.00154.00176.00170.00173.00193.00210.00203.00201.00
Other income15.0019.0021.0021.0016.0013.0015.0015.0018.0017.0020.0025.0029.0019.0018.0029.00
Total income102.00116.00117.00107.00330.00152.00161.00156.00172.00193.00189.00199.00222.00228.00221.00230.00
Cost of materials consumed0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Purchases of stock-in-trade0.003.000.000.00176.000.000.000.000.000.000.000.000.000.000.000.00
Changes in inventories0.000.000.000.006.000.000.000.000.000.000.000.000.000.000.000.00
Employee benefit expense53.0053.0051.0052.0066.0068.0067.0071.0070.0073.0071.0075.0078.0076.0078.0083.00
Finance costs2.002.002.002.002.002.003.003.003.003.003.003.003.003.003.003.00
Depreciation and amortisation7.007.008.008.0010.0010.0010.0010.0011.0011.0010.009.009.009.0011.0011.00
Other expenses27.0031.0032.0029.0054.0046.0051.0049.0052.0053.0053.0054.0052.0055.0053.0055.00
Total expenses89.0096.0094.0091.00315.00125.00131.00132.00135.00140.00136.00142.00142.00144.00146.00152.00
Profit before exceptional items and tax14.0020.0023.0016.0016.0027.0030.0024.0037.0053.0053.0057.0080.0084.0075.0078.00
Exceptional items0.000.000.000.000.000.000.000.000.000.000.000.000.00-7.000.00-3.00
Profit before tax14.0020.0023.0016.0016.0027.0030.0024.0037.0053.0053.0057.0080.0078.0075.0075.00
Current tax2.003.002.001.0010.002.003.001.004.002.003.004.007.008.00-1.009.00
Deferred tax6.003.003.002.00-7.003.004.001.003.006.004.006.009.008.005.009.00
Tax expense8.006.005.002.003.005.006.002.006.008.007.0010.0016.0016.004.0018.00
Profit for the period6.0014.0017.0014.0013.00-24.0025.0023.0031.0046.0046.0047.0064.0062.0071.0057.00
Profit attributable to owners3.0013.0015.0013.0011.00-24.0023.0022.0028.0043.0042.0043.0060.0056.0065.0051.00
Profit attributable to non-controlling interests2.001.003.001.002.001.002.001.003.003.004.004.004.006.006.006.00
Other comprehensive income0.00-0.00-0.00-1.000.000.000.00-1.00-0.00-2.00-1.00-2.001.00-1.001.00-1.00
Total comprehensive income6.0014.0017.0013.0013.00-23.0025.0022.0031.0043.0046.0045.0065.0061.0072.0056.00
Earnings per share, basic0.742.793.192.772.33-5.174.804.725.908.958.829.0312.5611.7013.5010.69
Earnings per share, diluted0.682.562.932.552.15-5.544.424.375.458.298.188.3811.9911.1412.8710.26

Annual results, as filed

Line2022-03-312023-03-312024-03-312025-03-312026-03-31
Revenue from operations313.00364.00490.00641.00779.00
Other income46.0064.0065.0070.0091.00
Total income359.00428.00555.00711.00870.00
Cost of materials consumed0.000.000.000.000.00
Purchases of stock-in-trade8.005.000.000.000.00
Changes in inventories0.001.000.000.000.00
Employee benefit expense333.00205.00246.00284.00307.00
Finance costs6.008.009.0012.0012.00
Depreciation and amortisation25.0029.0037.0041.0039.00
Other expenses105.00119.00164.00206.00215.00
Total expenses478.00367.00457.00543.00573.00
Profit before exceptional items and tax-119.0061.0098.00168.00296.00
Exceptional items0.000.000.000.00-7.00
Profit before tax-119.0061.0098.00168.00290.00
Current tax11.009.0015.0010.0019.00
Deferred tax-8.0012.001.0013.0028.00
Tax expense2.0020.0016.0023.0046.00
Profit for the period-121.0040.0020.00145.00244.00
Profit attributable to owners132.0034.0014.00135.00223.00
Profit attributable to non-controlling interests11.006.006.0011.0021.00
Other comprehensive income-0.00-1.000.00-3.00-1.00
Total comprehensive income-122.0040.0020.00142.00243.00
Earnings per share, basic-28.727.283.0528.4846.80
Earnings per share, diluted-28.726.711.7326.4244.60

Balance sheet, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Total assets2,289.002,343.002,493.002,510.002,569.002,705.002,820.003,009.00
Non-current assets1,245.001,208.001,600.001,696.001,744.001,767.001,806.001,774.00
Current assets1,044.001,135.00893.00812.00825.00939.001,014.001,235.00
Property, plant and equipment55.0055.0064.0058.0056.00173.0054.00197.00
Capital work-in-progress0.000.00——0.00—0.001.00
Goodwill898.00898.001,320.001,324.001,324.001,324.001,324.001,324.00
Other intangible assets87.0090.0093.00107.00112.000.00113.000.00
Inventories0.000.0012.000.000.000.000.000.00
Trade receivables49.0052.0062.0073.0065.0087.0090.0093.00
Cash and cash equivalents32.0026.0053.0022.0015.0029.0033.0031.00
Total equity and liabilities2,289.002,343.002,493.002,510.002,569.002,705.002,820.003,009.00
Equity2,076.002,122.002,152.002,157.002,226.002,327.002,448.002,618.00
Equity share capital47.0047.0047.0047.0047.0047.0048.0048.00
Other equity1,952.001,997.002,024.002,023.002,081.002,173.002,282.002,436.00
Total liabilities213.00221.00341.00353.00343.00379.00372.00391.00
Non-current liabilities77.0081.0092.00109.00116.00125.00121.00133.00
Current liabilities136.00139.00249.00244.00227.00253.00251.00258.00
Borrowings, non-current0.000.000.000.000.000.000.000.00
Borrowings, current0.000.000.000.000.000.000.000.00
Trade payables21.0022.0037.0035.0035.0032.0035.0032.00

Cash flow, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Net cash from operating activities15.0048.007.0016.0060.00171.0092.00257.00
Net cash from investing activities14.00-17.0033.0013.00-55.00-138.00-74.00-231.00
Net cash from financing activities-30.00-39.00-14.00-33.00-12.00-27.00-14.00-23.00
Purchase of property, plant and equipment5.007.004.003.002.005.002.0027.00
Net increase in cash-1.00-7.0026.00-4.00-7.007.004.003.00
con:CFO.BEFORE_TAX23.0050.0023.0030.0063.00172.00106.00281.00
con:INTEREST_RECEIVED.OPERATING0.000.00-7.000.000.000.000.000.00
con:INTEREST_PAID.OPERATING0.000.000.000.000.000.000.000.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:TAX_PAID.OPERATING7.002.009.0014.003.001.0014.0024.00
con:CF_OTHER.OPERATING0.000.000.000.000.000.000.000.00
con:INVESTMENTS_PURCHASED49.000.0096.0079.000.000.000.000.00
con:INVESTMENTS_SOLD22.000.000.000.000.000.000.000.00
con:PPE_DISPOSALS0.000.000.000.000.001.000.000.00
con:CF_INVESTING.SUBSIDIARIES_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED0.000.00401.00401.000.000.000.000.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.000.000.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Promoter and promoter group0.000.000.000.000.000.000.000.000.00—————
Domestic institutions4.514.614.534.384.9712.9122.0219.6715.3610.490.100.100.120.16
Mutual funds—————————8.830.080.080.100.11
Insurance companies0.010.000.000.000.001.491.701.450.000.00——0.000.01
Foreign institutions69.9469.7070.1571.9369.7059.3151.6255.1160.9667.300.690.650.600.54
Government—————————0.00———0.00
Public100.00100.00100.00100.00100.00100.00100.00100.00100.00100.001.001.001.001.00
Non-institutional25.5525.6925.3323.6825.3327.7826.3625.2123.6822.210.220.250.280.30
Shares outstanding4684431746849317468508174685081746887817472090854730008547367085474378354747903547605960478429354787803548023035

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
Shriram Finance LimitedAssociateAny other transaction, Interest received349,465,000.0012
Mr. Vinay Vinod SanghiKMPAny other transaction, Remuneration55,834,000.002
Mr Amit KumarDirectorAny other transaction, Remuneration39,660,000.002
CarTrade Exchange Solutions Private LimitedGroup companiesAny other transaction29,574,000.007
Mrs Aneesha BhandharyDirectorAny other transaction14,884,000.001
Mr Vinay Vinod SanghiDirectorAny other transaction14,884,000.001
Mr Varun Vinay SanghiDirectorAny other transaction14,884,000.001
Mrs. Aneesha BhandharyKMPAny other transaction, Remuneration13,035,000.002
Mr. Varun SanghiRelative of KMPAny other transaction, Remuneration9,101,000.002
Shriram Automall India LimitedHoldingAny other transaction, Interest paid8,597,000.0010
Mr Akshay JainDirectorRemuneration8,110,000.001
Sobek Auto India Private LimtedSubsidiaryPurchase of fixed assets5,625,000.001
Adroit Inspection Services Private LimitedSubsidiaryAny other transaction3,915,000.005
Mr. Lal Bahadur PalKMPAny other transaction, Remuneration1,466,000.002
Mrs. Rashi Uday GangwalRelative of KMPRemuneration1,424,000.001

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2023-05-06Q4FY23Read the call
2022-10-28Q2FY23Read the call
2022-08-04Q1FY23Read the call
2022-05-09Q4FY22CARTRADE TECH LIMITEDRead the call
2021-11-03Q2FY22DIRECTOR&CEORead the call

What they said about it, quarter by quarter

TopicQ1FY23Q2FY22Q2FY23Q4FY22Q4FY23
Capital allocationSo, my second question is in the month of May we read some news about one of your competitors laying off 600 employees and so even when our balance sh…—Hypothetically speaking, let's say you do some macro event is there, which we see crashing the market, would you be willing to put it, do a buyback?On the remarketing side, we have 2-3 very key initiatives, one is to bring more supply in the platform and that big initiative bringing supplies who b…At the Board level, are we having any discussion on buyback, maybe even a small buyback of INR100 crores or INR150 crores, can be a good confidence bo…
Debt and cash—And do we give working capital? in some cases we are starting to explore, if the dealer needs money, whether we should be lending money or giving mone…———
Demand—The demand for car generally post this lockdown seems to be strongly back, 34 million customers a month come whether it’s new cars or use cars.—Today, when you look at the industry, what is the issue is that, that there is a demand side issue because the price has gone up significantly once BS…So, on that context, I mean, given that -- I mean, generally, like you have said in the past, in case demand slows down, it leads to more incentives f…
GuidanceAnd second is on the margin side so like we have seen a couple of cost remaining largely stable in the last couple of quarters except these employees …If you want to see a normalization of that and the normative growth that you’ve seen in the Indian car market, what do you think the five year growth …Do you expect that, should we expect reasonable improvement in terms of trend from the current levels, or this is largely the trend we should expect?At this point, I am not able to give an average volume per store guidance, but we have focused heavily on making sure these outlets keep growing and s…So what is the outlook for the coming years?
MarginWe feel that the first quarter normally what happens is that your cost build in of increments were happened now the revenue if you see the 10 Crores m…Which is one of the reasons why our company’s got a very high adjusted EBITDA margin.It is reflected in our EBITDA margins and adjusted EBITDA margin and our profits, whereas many CarTrade Tech Limited October 21, 2022 of our competito…Our Adjusted EBITDA last quarter was Rs.I just want to stress one more thing that if you look at the five-year CAGR of the company, growth rate in the past five years, it’s there in the annu…
People———May 04, 2022 instantly online or get a resale value for your old car online instantly, so there are lot of technology and products and tools are build…—
Pricing—So, one is within the use car business have you seen any higher interest from a consumer point of view in the last six months especially since the cap…—I think there are concerns on commodity price increases, price escalation, fuel price increases.And sort of given last year, both and from what we understand from the digital ad market, so, how have your conversations on pricing being in the past…
Revenue growth—So, the revenue growth the company is 46%.So, we've seen, in the standalone, we've seen a growth of 36% in H1, right.The Slide #8 shows the revenue growth of 28% on a year-on-year basis and 15% in Q4 FY22 as against Q4 of previous year.I think our cost structures and unit economic structures and the way the companies are built is that in revenue growth, you see a more disproportionat…