Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Cartrade Tech Limited

NSE: CARTRADEE-Retail/ E-Commerce

Share price

₹2,837.90

-2.63% close of 8 Oct 2026

Market cap ₹13,622 CrP/E 57.0

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 8 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

77

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹13,622 Cr

P/E ratio

57.0

P/B ratio

5.5

ROCE

11.8%

ROE

9.7%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹3,268.0052-week low ₹1,624.00

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 20.0% over the past year, and 26.0% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from -24.7% to 34.2% over the last four years.

Whether it grew faster than its sector

It grew 26.0% a year against a sector median of 13.9% — 12.0 percentage points faster.

Room to re-rate, or risk of de-rating

At 57.0× earnings it costs 2.4× the market, which pays 23.9× across 2199 companies we can price. It is against its own five-year median of 60.1×, the 37th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.6 times its growth rate, on earnings growth of 89%.

Profit growthPrice per ₹1 profitPer 1% growth
Cartrade Tech Limited — this one89%/yr57.0×₹0.64
ETERNAL LIMITED28%/yr——
Meesho Limited6%/yr——
FSN E-Commerce Ventures Limited122%/yr357.3×—
Swiggy Limited0%/yr——
Urban Company Limited8%/yr——

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (E-Retail/ E-Commerce), it ranks 3 of 12 on returns, 7 of 11 on growth, 2 of 12 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 11.8% on capital, ahead of 75% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹555 crore of cash from the business and spent ₹47 crore on plant and equipment, with ₹508 crore to spare; it still raised ₹107 crore from lenders and shareholders. And the profit is real: of every 100 rupees it reported over 9 years, about 131 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back more slowly than it used to: it went from being paid 19 days before it paid its own suppliers to waiting 15 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Quarterly profit of about 57 crore rupees, 21% higher than a year earlier, is the first instalment against management's four-to-five-year goal of roughly 1,000 crore rupees of annual profit.

Announced 29 Jul 2026 · Consolidated

Revenue

₹201 Cr

Revenue vs last year

+16.3%

Revenue vs last quarter

-0.9%

Net profit

₹57 Cr

Profit vs last year

+20.8%

Profit vs last quarter

-20.1%

Net margin

28.2%

EPS

₹10.69

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹13,622 Cr
Prev close
₹2,837.90
52w High
₹3,291
52w Low
₹1,600
Enterprise value
₹13,894 Cr
Beta
1.3
Price CAGR 1y
18.0%
Price CAGR 3y
68.0%
Price CAGR 5y
16.0%
Price CAGR 10y
—

Ratios

Return on assets
8.1%
PEG ratio
0.7
P/E ratio
57.0
P/B ratio
5.5
EV / EBITDA
54.0
Industry P/E
57.2
ROCE
11.8%
ROCE 5y average
4.2%
ROE
9.7%
Debt / Equity
0.1
Interest coverage
23.3
Dividend yield
0.0%
ROE 3y average
6.0%
ROE last year
10.0%

Annual P&L

Annual revenue
₹779 Cr
Annual profit
₹244 Cr
Operating margin
33.0%
Net profit margin
31.3%
EBITDA margin
33.1%
Sales growth 3y
28.9%
Sales growth 5y
25.5%
Profit growth 3y
89.0%
Profit growth 5y
20.0%
EPS
₹46.6
Sales growth TTM
20.0%
Profit growth TTM
53.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹201 Cr
Profit latest quarter
₹57 Cr
YoY quarterly sales growth
16.3%
YoY quarterly profit growth
21.3%
OPM latest quarter
31.3%

Balance Sheet

Book Value
₹518
Face Value
₹10.0
Total debt
₹140 Cr
Total cash
₹41 Cr
Borrowings
₹140 Cr
Reserves / Equity
50.8

Cash Flow

Operating cash flow
₹257 Cr
Free cash flow
₹231 Cr
FCF yield
1.6%
Net cash flow
₹3 Cr

Shareholding

Promoter holding
—
FII holding
54.4%
DII holding
15.6%
Public holding
30.0%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Eternal328.00733.13,17,4480.0092.0268.020,211.0182.02.5
Meesho236.521,09,3910.00-132.838.53,712.848.3-40.0
FSN E-Commerce341.25367.497,8020.0079.8243.12,782.029.117.2
Swiggy246.0068,0010.00-791.033.96,812.037.3-24.1
Urban Company168.2325,9500.00-92.1-1359.1528.343.9-7.8
Cartrade Tech2,914.7059.514,1700.0056.824.4201.216.311.8
Shiprocket133.119,6870.00-13.724.0592.133.8-2.7
Median204.3657.39,3390.004.529.1560.234.41.5

Competes with: Brainbees Solutions Limited, Digidrive Distributors Limited, ETERNAL LIMITED, FSN E-Commerce Ventures Limited, Intrasoft Technologies Limited, Meesho Limited, RattanIndia Enterprises Limited, Rentomojo Limited, Shiprocket Limited, Swiggy Limited, Urban Company Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales86120139145142154176170173193210203201
Expenses8199113118120122126123130130131132138
Material Cost000000
Change in Inventories000000
Purchases of Stock-in-Trade000000
Employee Cost717578767883
Other Expenses535452555355
Operating Profit5212527223350464464787263
OPM %6.36181819162128272533373531
Other Income21-2-3217151817202529121826
Exceptional items (within Other Income)000-6.510-3.08
Interest2223333333333
Depreciation891010101111109991111
Profit before tax168-1931243753535780787575
Tax %143426207171514172021624
Net Profit145-2425233146464764627157
EPS in Rs2.770.64-5.174.804.725.899.018.829.0313121311
Diluted EPS in Rs8.188.3812111310

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2016Mar 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3378243298250313364490641779807
Expenses195131213258210446330410490522531
Material Cost00
Change in Inventories00
Purchases of Stock-in-Trade00
Employee Cost284307
Other Expenses206215
Operating Profit-162-53304040-1333480152258276
OPM %-499-68121416-43916243334
Other Income182024203246643708484
Exceptional items (within Other Income)0-6.51
Interest003457910121313
Depreciation13151720252937413940
Profit before tax-146-37353947-1196136168290307
Tax %002720-120233441416
Net Profit-146-372631103-1214020145244253
EPS in Rs-461-1074863258-287.263.05284748
Diluted EPS in Rs2645
Dividend Payout %0000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
37%
5 years
26%
3 years
29%
TTM
20%

Compounded profit growth

10 years
13%
5 years
20%
3 years
89%
TTM
53%

Stock price CAGR

10 years
—
5 years
16%
3 years
68%
1 year
18%

Return on equity

10 years
—
5 years
3%
3 years
6%
Last year
10%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital333344747474748
Reserves9481,1851,1931,2241,6381,9331,9972,0232,1732,436
Borrowings31356877937786112131140
Other Liabilities3928159163189220210326353385
Minority Interest106135
Total Liabilities1,0211,2521,4241,4671,9242,2762,3402,5082,7053,009
Fixed Assets7927891,0101,0161,0221,0411,0421,4891,4971,522
CWIP0000000001
Investments165405287295645884985510614910
Other Assets6558127157255351312509594576
Total Assets1,0211,2521,4241,4671,9242,2762,3402,5082,7053,009

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-50351735634816171257
Cash from Investing Activity-222-20-8-341-281-1713-138-231
Cash from Financing Activity269-5-11308229-39-33-27-23
Net Cash Flow-39-2212-7-473
Free Cash Flow-50331230574113166231

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2016Mar 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days197995457694852554944
Inventory Days0
Days Payable417
Cash Conversion Cycle1979954-359694852554944
Working Capital Days148108-253535-19-10-24115
ROCE %-523-634812

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
FIIs707270595255616769656054
DIIs4.524.384.9613222015109.959.971216
Public252425282625242222252830
No. of Shareholders3,26,4173,05,5932,89,3842,79,1722,58,9902,27,2561,95,2011,77,0581,52,1031,54,4681,45,4421,45,505

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +14.7% (₹2,475.00 → ₹2,837.90)Brick size ₹120.12 (fixed)Bricks 32
₹2,000₹2,500₹3,000₹2,838Nov '25Feb '26May '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹2,837.90 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

26,76,504inr

2026-03-31

News

News and filings about Cartrade Tech Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Services
Industry
E-Retail/ E-Commerce
Classification
Consumer Services › E-Retail/ E-Commerce
ISIN
INE290S01011

Business segments

  • Consumer · 39%
  • Remarketing · 33%
  • Classifieds · 28%

News impact

Big market events that reach Cartrade Tech Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 2, delete 1, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023

Bulk & block deals

DateWhoBought / soldSharesPrice
17 Jun 2026HRTI PRIVATE LIMITEDSELL3,09,674₹2,652.65
17 Jun 2026HRTI PRIVATE LIMITEDBUY3,08,464₹2,644.10
17 Jun 2026JUNOMONETA FINSOL PRIVATE LIMITEDSELL2,58,633₹2,641.45
17 Jun 2026QE SECURITIES LLPBUY2,41,682₹2,637.11
17 Jun 2026JUNOMONETA FINSOL PRIVATE LIMITEDBUY2,38,902₹2,640.61
17 Jun 2026QE SECURITIES LLPSELL2,38,093₹2,651.81
10 Jun 2026NK SECURITIES RESEARCH PRIVATE LIMITEDSELL2,56,337₹2,436.20
10 Jun 2026NK SECURITIES RESEARCH PRIVATE LIMITEDBUY2,56,337₹2,435.06
10 Jun 2026HRTI PRIVATE LIMITEDSELL2,52,154₹2,404.04
10 Jun 2026HRTI PRIVATE LIMITEDBUY2,48,308₹2,403.14

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.