India's Most Valuable Companies 2021 edition · Source: Hurun India
Rank#493- Valuation
- ₹5,700 Cr
Market Cap
₹11,981 Cr
CARTRADE · NSE
Share Price
₹2,325.00
-5.66% today
Revenue
₹779 Cr
FY 2025-26 · +21.5% YoY
EBITDA
₹251 Cr
Margin 32.2%
Net Profit
₹227 Cr
FY 2025-26 · +70.4% YoY
P/E (TTM)
57.4x
P/B 5.5x
ROE
10.1%
ROCE 11.8%
Debt / Equity
0.06
Interest cover 6.2x
About Cartrade Tech Limited
Data last updated:
Cartrade Tech Limited is a public limited company based in Thane, Maharashtra, India. It operates in the online automotive platforms segment of the e-commerce sector. It was incorporated on 28 April 2000 and has been in existence for over 26 years.
Cartrade Tech is part of the Nifty 500 index.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L74900MH2000PLC126237. Its GSTIN is 27AABCK6981G1Z9 (Maharashtra). The company holds 5 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 543333 and NSE: CARTRADE.
The company has an authorised share capital of ₹60.73 Cr and a paid-up capital of ₹48.61 Cr. It was formerly known as Cartrade Tech Private Limited and Mxc Solutions India Private Limited. It is led by directors including Vinay Vinod Sanghi (Managing Director) and Lakshminarayanan Subramanian.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 507 Shree Sawan Knowledge Park, Thane, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹779.27 Cr, a growth of 21.5% compared to the previous year. For the same year it recorded a net profit of ₹227.37 Cr (net margin 29.2%) and EBITDA of ₹251.23 Cr (EBITDA margin 32.2%). The net worth stands at ₹2,483.39 Cr (up 11.8% YoY). Total assets are valued at ₹2,782.63 Cr (up 12.4% YoY).
The company has about 1,016 employees on its provident fund (EPFO) records. Its group structure includes 6 subsidiaries.
The company is associated with 4 brands: CarWale, CarTrade Exchange, CarTrade and CarTrade Tech. Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it; 3 cases are pending. The company has 57 deals on record (33 market trades, 12 funding rounds, 11 secondary share transfers), with disclosed funding of ₹2,604.03 Cr; the latest was in June 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cartradetech.com.
Company details
CIN L74900MH2000PLC126237
Registration Number 126237
Incorporation Date 28 April 2000
ROC Mumbai
Listing Status Listed - Listed on NSE (CARTRADE); Listed on BSE (543333)
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Name history
Cartrade Tech has undergone 4 name changes throughout its history. The current legal name is Cartrade Tech Limited.
| Company Name | Status |
|---|---|
| Cartrade Tech Limited | Current |
| Cartrade Tech Private Limited | Previous |
| Mxc Solutions India Private Limited | Previous |
| Kaymo Fastener Company Private Limited | Previous |
| Cartrade Private Limited | Previous |
CIN history
Cartrade Tech has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74900MH2000PLC126237, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74900MH2000PLC126237 | Current |
| U28900MH2000PTC126237 | Previous |
| U74900MH2000PLC126237 | Previous |
| U74900MH2000PTC126237 | Previous |
Key People
Vinay Vinod Sanghi Managing Director Lakshminarayanan Subramanian Director Aneesha Bhandary Director Recognitions & Rankings of Cartrade Tech
Stock market indices
Nifty 500
Contact details
Cartrade Tech Limited's registered office is in Thane, Maharashtra. Its website is cartradetech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address1st Floor Plot No. D – 507 Shree Sawan Knowledge Park, Ttc MIDC Industrial Area Turbhe Navi Mumbai, Thane, Maharashtra, India – 400703
- IndustryE-Commerce, Online Automotive Platforms
To see the full contact details of Cartrade Tech Limited, buy the company report.
Comprehensive company report
Cartrade Tech Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Cartrade Tech operates multiple associated brands including CarWale, CarTrade Exchange, and CarTrade. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Second-hand cars are listed online to connect buyers and sellers. | carwale.com | |
| Operator of an online platform for vehicle auctions and listing services | cartradeexchange.com | |
| App-based used cars listing platform | cartrade.com | |
| Online marketplace for used cars | cartradetech.com |
Business activity
The main business activity of Cartrade Tech is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Cartrade Tech Limited, buy the company report.
Financials of Cartrade Tech Limited
FY 2025-26 filings availableCartrade Tech Limited reported revenue of ₹779.27 Cr (up 21.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹779 Cr
+21.5% YoY
EBITDA
₹251 Cr
+65.6% YoY
Profit After Tax
₹227 Cr
+70.4% YoY
Net Worth
₹2,483 Cr
+11.8% YoY
Total Assets
₹2,783 Cr
+12.4% YoY
Total Debt
₹140 Cr
+6.9% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 779 | 641 | 490 | 364 | 313 | 250 | 298 |
| Revenue growth | +21.5% | +30.9% | +34.7% | +16.3% | +25.3% | -16.3% | - |
| EBITDA | 251 | 152 | 18.25 | 33.96 | (133) | 39.75 | 40.31 |
| EBITDA margin | +32.2% | +23.7% | +3.7% | +9.3% | -42.7% | +15.9% | +13.5% |
| Profit before tax | 290 | 168 | 35.89 | 60.56 | (119) | 46.98 | 38.90 |
| Net profit | 227 | 133 | 6.36 | 33.76 | (133) | 92.38 | 11.47 |
| Net profit margin | +29.2% | +20.8% | +1.3% | +9.3% | -42.5% | +37.0% | +3.9% |
| EPS (₹) | 46.58 | 28.38 | 3.05 | 7.26 | (28.33) | 258.07 | 63.43 |
| Balance sheet | |||||||
| Total assets | 2,783 | 2,476 | 2,283 | 2,216 | 2,157 | 1,822 | 1,379 |
| Net worth | 2,483 | 2,221 | 2,070 | 2,043 | 1,979 | 1,680 | 1,262 |
| Total debt | 140 | 131 | 112 | 86.43 | 77.12 | 54.55 | 42.14 |
| Cash & bank | 41.21 | 76.60 | 99.45 | 27.87 | 62.59 | 24.48 | 21.59 |
| Net working capital | 105 | 102 | 85.12 | 33.79 | 58.29 | 56.72 | 57.94 |
| Cash flow | |||||||
| Cash from operations | 257 | 171 | 15.87 | 48.22 | 63.16 | 35.21 | 17.16 |
| Cash from investing | (231) | (138) | 13.08 | (16.55) | (281) | (341) | (8.15) |
| Cash from financing | (23.36) | (26.82) | (32.93) | (39.12) | 229 | 308 | (11.07) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 213 | 201 | 203 | 210 | 193 | 173 | 170 | 176 |
| Revenue growth (YoY) | +10.2% | +16.3% | +19.8% | +19.0% | +25.4% | +22.3% | - | - |
| Other income | 23.13 | 28.58 | 17.61 | 18.70 | 28.73 | 25.46 | 19.95 | 16.73 |
| EBITDA | 76.00 | 59.90 | 71.65 | 71.74 | 63.59 | 43.51 | 46.16 | 50.08 |
| EBITDA margin | +35.7% | +29.8% | +35.3% | +34.2% | +32.9% | +25.1% | +27.2% | +28.4% |
| Depreciation | 10.65 | 10.77 | 10.92 | 9.38 | 9.37 | 9.03 | 9.64 | 10.51 |
| Interest | 3.04 | 3.19 | 3.34 | 3.08 | 3.03 | 3.02 | 3.14 | 2.91 |
| Profit before tax | 85.44 | 74.52 | 75.00 | 77.98 | 79.92 | 56.92 | 53.33 | 53.39 |
| Tax | 19.50 | 17.77 | 4.15 | 16.47 | 15.84 | 9.85 | 7.23 | 7.86 |
| Net profit | 65.94 | 56.75 | 70.85 | 61.51 | 64.08 | 47.07 | 46.10 | 45.53 |
| EPS (₹) | 11.88 | 10.26 | 12.87 | 11.14 | 11.99 | 8.38 | 8.18 | 8.29 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 308 | 238 | 187 | 157 | 125 | 92.79 | 120 |
| Revenue growth | +29.7% | +27.3% | +19.2% | +25.5% | +34.6% | -23.0% | - |
| EBITDA | 111 | 60.33 | 15.95 | (3.10) | (178) | 4.95 | (2.23) |
| EBITDA margin | +36.2% | +25.4% | +8.5% | -2.0% | -143.0% | +5.3% | -1.9% |
| Profit before tax | 140 | 90.93 | 53.57 | 46.41 | (152) | 20.25 | 9.26 |
| Net profit | 120 | 74.36 | 31.53 | 32.60 | (147) | 79.42 | 9.92 |
| Net profit margin | +39.1% | +31.3% | +16.9% | +20.8% | -117.6% | +85.6% | +8.2% |
| EPS (₹) | 23.08 | 15.70 | 9.00 | 6.96 | (31.33) | 221.54 | 29.54 |
| Balance sheet | |||||||
| Total assets | 2,338 | 2,168 | 2,073 | 2,010 | 1,949 | 1,659 | 1,252 |
| Net worth | 2,306 | 2,151 | 2,058 | 1,998 | 1,935 | 1,650 | 1,244 |
| Total debt | 15.96 | 8.19 | 7.25 | 5.58 | 8.07 | 4.58 | 4.56 |
| Cash & bank | 14.99 | 8.40 | 8.50 | 11.85 | 48.80 | 13.33 | 10.47 |
| Net working capital | 101 | 58.98 | 52.10 | 44.08 | 58.76 | 32.39 | 33.16 |
| Cash flow | |||||||
| Cash from operations | 98.07 | 66.56 | 11.74 | 7.98 | 16.16 | 14.83 | 0.90 |
| Cash from investing | (101) | (67.85) | (9.66) | (17.40) | (251) | (329) | (0.52) |
| Cash from financing | 9.40 | 1.19 | (5.43) | (0.53) | 244 | 317 | (4.24) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 79.49 | 78.11 | 79.39 | 86.31 | 76.25 | 66.38 | 63.64 | 67.99 |
| Revenue growth (YoY) | +4.3% | +17.7% | +24.8% | +27.0% | +37.1% | +31.6% | - | - |
| Other income | 10.95 | 13.35 | 9.02 | 9.44 | 9.17 | 12.51 | 11.83 | 9.44 |
| Total expenses | 47.21 | 55.33 | 48.20 | 56.12 | 45.57 | 46.95 | 45.50 | 44.28 |
| EBITDA | 32.28 | 22.78 | 31.19 | 30.19 | 30.68 | 19.43 | 18.14 | 23.71 |
| EBITDA margin | +40.6% | +29.2% | +39.3% | +35.0% | +40.2% | +29.3% | +28.5% | +34.9% |
| Depreciation | 2.61 | 2.79 | 3.74 | 2.32 | 2.47 | 2.33 | 2.27 | 2.32 |
| Interest | 0.26 | 0.28 | 0.34 | 0.15 | 0.18 | 0.19 | 0.18 | 0.19 |
| Profit before tax | 40.36 | 33.06 | 36.13 | 37.16 | 37.20 | 29.42 | 27.52 | 30.64 |
| Tax | 8.04 | 7.33 | 0.95 | 8.56 | 8.50 | 6.42 | 6.07 | 6.25 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 29 Oct 2026
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 213 | 201 | 203 | 210 | 193 | 173 | 170 | 176 |
| Revenue growth (YoY) | +10.2% | +16.3% | +19.8% | +19.0% | +25.4% | +22.3% | - | - |
| Other income | 23.13 | 28.58 | 17.61 | 18.70 | 28.73 | 25.46 | 19.95 | 16.73 |
| EBITDA | 76.00 | 59.90 | 71.65 | 71.74 | 63.59 | 43.51 | 46.16 | 50.08 |
| EBITDA margin | +35.7% | +29.8% | +35.3% | +34.2% | +32.9% | +25.1% | +27.2% | +28.4% |
| Depreciation | 10.65 | 10.77 | 10.92 | 9.38 | 9.37 | 9.03 | 9.64 | 10.51 |
| Interest | 3.04 | 3.19 | 3.34 | 3.08 | 3.03 | 3.02 | 3.14 | 2.91 |
| Profit before tax | 85.44 | 74.52 | 75.00 | 77.98 | 79.92 | 56.92 | 53.33 | 53.39 |
| Tax | 19.50 | 17.77 | 4.15 | 16.47 | 15.84 | 9.85 | 7.23 | 7.86 |
| Net profit | 65.94 | 56.75 | 70.85 | 61.51 | 64.08 | 47.07 | 46.10 | 45.53 |
| EPS (₹) | 11.88 | 10.26 | 12.87 | 11.14 | 11.99 | 8.38 | 8.18 | 8.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 779 | 641 | 490 | 364 | 313 | 250 | 298 |
| Revenue growth | +21.5% | +30.9% | +34.7% | +16.3% | +25.3% | -16.3% | - |
| Other income | 90.50 | 69.88 | 65.28 | 63.98 | 46.23 | 31.84 | 20.16 |
| Total expenses | 528 | 490 | 472 | 330 | 446 | 210 | 258 |
| Employee cost | 307 | 284 | 246 | 205 | 333 | 130 | 133 |
| EBITDA | 251 | 152 | 18.25 | 33.96 | (133) | 39.75 | 40.31 |
| EBITDA margin | +32.2% | +23.7% | +3.7% | +9.3% | -42.7% | +15.9% | +13.5% |
| Depreciation | 38.69 | 40.86 | 37.39 | 28.74 | 24.74 | 19.93 | 17.38 |
| Interest | 13.22 | 12.36 | 10.25 | 8.64 | 7.16 | 4.68 | 4.19 |
| Profit before tax | 290 | 168 | 35.89 | 60.56 | (119) | 46.98 | 38.90 |
| Tax | 46.32 | 23.10 | 15.91 | 20.13 | 2.24 | (56.42) | 7.62 |
| Net profit | 227 | 133 | 6.36 | 33.76 | (133) | 92.38 | 11.47 |
| Net profit margin | +29.2% | +20.8% | +1.3% | +9.3% | -42.5% | +37.0% | +3.9% |
| EPS (₹) | 46.58 | 28.38 | 3.05 | 7.26 | (28.33) | 258.07 | 63.43 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 47.88 | 47.44 | 46.89 | 46.84 | 46.62 | 42.38 | 38.35 |
| Reserves & surplus | 2,435 | 2,173 | 2,023 | 1,997 | 1,933 | 1,638 | 1,224 |
| Shareholders' funds (net worth) | 2,483 | 2,221 | 2,070 | 2,043 | 1,979 | 1,680 | 1,262 |
| Minority interest | 135 | 106 | 86.89 | 78.96 | 95.08 | 82.19 | 70.28 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 140 | 131 | 112 | 86.43 | 77.12 | 54.55 | 42.14 |
| Total debt | 140 | 131 | 112 | 86.43 | 77.12 | 54.55 | 42.14 |
| Total liabilities | 2,783 | 2,476 | 2,283 | 2,216 | 2,157 | 1,822 | 1,379 |
| Assets | |||||||
| Gross block | 1,728 | 1,679 | 1,647 | 1,161 | 1,133 | 1,095 | 1,074 |
| Net block | 1,522 | 1,497 | 1,489 | 1,042 | 1,041 | 1,022 | 1,016 |
| Capital work in progress | 1.25 | 0.00 | 0.00 | 0.00 | 0.37 | 0.49 | 0.19 |
| Investments | 910 | 614 | 510 | 985 | 884 | 645 | 295 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 1.22 | 1.58 | 0.02 |
| Sundry debtors | 92.99 | 86.77 | 73.28 | 51.60 | 41.46 | 47.30 | 46.69 |
| Cash & bank balances | 41.21 | 76.60 | 99.45 | 27.87 | 62.59 | 24.48 | 21.59 |
| Loans & advances | 198 | 168 | 138 | 78.01 | 71.84 | 85.67 | 73.22 |
| Total current assets | 332 | 332 | 311 | 157 | 177 | 159 | 142 |
| Total current liabilities | 227 | 229 | 226 | 124 | 119 | 102 | 83.58 |
| Net working capital | 105 | 102 | 85.12 | 33.79 | 58.29 | 56.72 | 57.94 |
| Total assets | 2,783 | 2,476 | 2,283 | 2,216 | 2,157 | 1,822 | 1,379 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 28.76 | 22.14 | 26.11 | 33.57 | 21.99 | 19.52 | 21.59 |
| Net cash from operating activities | 257 | 171 | 15.87 | 48.22 | 63.16 | 35.21 | 17.16 |
| Net cash from investing activities | (231) | (138) | 13.08 | (16.55) | (281) | (341) | (8.15) |
| Net cash from financing activities | (23.36) | (26.82) | (32.93) | (39.12) | 229 | 308 | (11.07) |
| Net change in cash | 2.64 | 6.62 | (3.97) | (7.46) | 11.58 | 2.47 | (2.07) |
| Closing cash | 41.21 | 76.60 | 99.45 | 27.87 | 62.59 | 24.48 | 21.59 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +21.5% | +30.9% | +34.7% | +16.3% | +25.3% | -16.3% | - |
| EBITDA growth | +65.6% | +731.3% | -46.3% | +125.5% | -435.7% | -1.4% | - |
| PBT growth | +72.1% | +369.2% | -40.7% | +9998.0% | - | +20.8% | +9.8% |
| Net income growth | +70.4% | +1998.6% | -81.2% | +125.4% | -243.8% | +705.4% | - |
| Revenue CAGR (3Y) | +28.9% | +27.1% | +25.2% | +6.8% | +8.7% | +47.2% | +109.2% |
| EBITDA CAGR (3Y) | +94.9% | - | -22.9% | -5.6% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +31.3% | +22.7% | +4.1% | +11.1% | -38.8% | +41.4% | +10.5% |
| Return on capital employed | +11.8% | +7.3% | +3.9% | +3.1% | 0.0% | +3.0% | +1.8% |
| Return on net worth | +10.1% | +6.2% | +0.5% | +1.9% | 0.0% | +6.3% | +1.4% |
| Debt / equity | 0.06 | 0.06 | 0.05 | 0.04 | 0.04 | 0.03 | 0.03 |
| Long-term debt / equity | 0.05 | 0.05 | 0.04 | 0.03 | 0.03 | 0.03 | 0.02 |
| Interest cover | 6.22 | 11.15 | -53.55 | 165.52 | -4.53 | 23.61 | 18.27 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.46 | 0.39 | 0.35 | 0.32 | 0.28 | 0.23 | 0.28 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 596.30 | 223.37 | 312.10 | 621.42 |
| Debtors turnover | 8.67 | 8.02 | 7.85 | 7.82 | 7.05 | 5.31 | 7.21 |
| EPS (₹) | 46.58 | 28.38 | 3.05 | 7.26 | (28.33) | 258.07 | 63.43 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 518.66 | 468.11 | 441.48 | 436.22 | 424.53 | 4,579.23 | 3,558.38 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 79.49 | 78.11 | 79.39 | 86.31 | 76.25 | 66.38 | 63.64 | 67.99 |
| Revenue growth (YoY) | +4.3% | +17.7% | +24.8% | +27.0% | +37.1% | +31.6% | - | - |
| Other income | 10.95 | 13.35 | 9.02 | 9.44 | 9.17 | 12.51 | 11.83 | 9.44 |
| Total expenses | 47.21 | 55.33 | 48.20 | 56.12 | 45.57 | 46.95 | 45.50 | 44.28 |
| EBITDA | 32.28 | 22.78 | 31.19 | 30.19 | 30.68 | 19.43 | 18.14 | 23.71 |
| EBITDA margin | +40.6% | +29.2% | +39.3% | +35.0% | +40.2% | +29.3% | +28.5% | +34.9% |
| Depreciation | 2.61 | 2.79 | 3.74 | 2.32 | 2.47 | 2.33 | 2.27 | 2.32 |
| Interest | 0.26 | 0.28 | 0.34 | 0.15 | 0.18 | 0.19 | 0.18 | 0.19 |
| Profit before tax | 40.36 | 33.06 | 36.13 | 37.16 | 37.20 | 29.42 | 27.52 | 30.64 |
| Tax | 8.04 | 7.33 | 0.95 | 8.56 | 8.50 | 6.42 | 6.07 | 6.25 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 308 | 238 | 187 | 157 | 125 | 92.79 | 120 |
| Revenue growth | +29.7% | +27.3% | +19.2% | +25.5% | +34.6% | -23.0% | - |
| Other income | 40.14 | 40.84 | 46.27 | 56.24 | 32.12 | 20.45 | 16.67 |
| Total expenses | 197 | 177 | 171 | 160 | 303 | 87.84 | 123 |
| Employee cost | 0.00 | 120 | 119 | 112 | 252 | 61.12 | 65.26 |
| EBITDA | 111 | 60.33 | 15.95 | (3.10) | (178) | 4.95 | (2.23) |
| EBITDA margin | +36.2% | +25.4% | +8.5% | -2.0% | -143.0% | +5.3% | -1.9% |
| Depreciation | 10.86 | 9.50 | 8.08 | 6.11 | 4.88 | 4.84 | 4.59 |
| Interest | 0.86 | 0.74 | 0.57 | 0.62 | 0.68 | 0.31 | 0.59 |
| Profit before tax | 140 | 90.93 | 53.57 | 46.41 | (152) | 20.25 | 9.26 |
| Tax | 24.44 | 16.46 | 11.38 | 13.80 | (5.86) | (59.17) | (0.93) |
| Net profit | 120 | 74.36 | 31.53 | 32.60 | (147) | 79.42 | 9.92 |
| Net profit margin | +39.1% | +31.3% | +16.9% | +20.8% | -117.6% | +85.6% | +8.2% |
| EPS (₹) | 23.08 | 15.70 | 9.00 | 6.96 | (31.33) | 221.54 | 29.54 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 47.88 | 47.44 | 46.89 | 46.84 | 46.62 | 42.38 | 38.35 |
| Reserves & surplus | 2,258 | 2,103 | 2,011 | 1,952 | 1,889 | 1,608 | 1,206 |
| Shareholders' funds (net worth) | 2,306 | 2,151 | 2,058 | 1,998 | 1,935 | 1,650 | 1,244 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 15.96 | 8.19 | 7.25 | 5.58 | 8.07 | 4.58 | 4.56 |
| Total debt | 15.96 | 8.19 | 7.25 | 5.58 | 8.07 | 4.58 | 4.56 |
| Total liabilities | 2,338 | 2,168 | 2,073 | 2,010 | 1,949 | 1,659 | 1,252 |
| Assets | |||||||
| Gross block | 887 | 852 | 843 | 832 | 828 | 819 | 813 |
| Net block | 824 | 800 | 800 | 795 | 797 | 792 | 790 |
| Capital work in progress | 1.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.00 |
| Investments | 1,382 | 1,265 | 1,162 | 1,111 | 1,017 | 767 | 423 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 1.22 | 1.58 | 0.02 |
| Sundry debtors | 75.65 | 63.91 | 49.85 | 35.94 | 21.23 | 30.58 | 31.45 |
| Cash & bank balances | 14.99 | 8.40 | 8.50 | 11.85 | 48.80 | 13.33 | 10.47 |
| Loans & advances | 46.83 | 22.67 | 19.40 | 21.22 | 16.10 | 13.90 | 16.25 |
| Total current assets | 137 | 94.98 | 77.75 | 69.01 | 87.35 | 59.39 | 58.19 |
| Total current liabilities | 35.98 | 36.00 | 25.65 | 24.93 | 28.59 | 27.00 | 25.03 |
| Net working capital | 101 | 58.98 | 52.10 | 44.08 | 58.76 | 32.39 | 33.16 |
| Total assets | 2,338 | 2,168 | 2,073 | 2,010 | 1,949 | 1,659 | 1,252 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 8.40 | 8.50 | 11.85 | 21.80 | 13.31 | 10.46 | 14.32 |
| Net cash from operating activities | 98.07 | 66.56 | 11.74 | 7.98 | 16.16 | 14.83 | 0.90 |
| Net cash from investing activities | (101) | (67.85) | (9.66) | (17.40) | (251) | (329) | (0.52) |
| Net cash from financing activities | 9.40 | 1.19 | (5.43) | (0.53) | 244 | 317 | (4.24) |
| Net change in cash | 6.59 | (0.10) | (3.35) | (9.95) | 8.49 | 2.85 | (3.87) |
| Closing cash | 14.99 | 8.40 | 8.50 | 11.85 | 48.80 | 13.33 | 10.47 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +29.7% | +27.3% | +19.2% | +25.5% | +34.6% | -23.0% | - |
| EBITDA growth | +84.8% | +278.2% | +614.5% | +98.3% | -3706.1% | +322.0% | - |
| PBT growth | +53.9% | +69.7% | +15.4% | +9998.0% | - | +118.7% | +32.3% |
| Net income growth | +62.0% | +135.8% | -3.3% | +122.2% | -284.9% | +700.6% | - |
| Revenue CAGR (3Y) | +25.3% | +23.9% | +26.2% | +9.2% | +10.6% | +47.8% | +68.8% |
| EBITDA CAGR (3Y) | - | - | +47.7% | +11.6% | +150.8% | - | -61.8% |
| Profitability & leverage | |||||||
| Net income margin | +37.5% | +31.3% | +22.6% | +20.8% | -117.0% | +85.6% | +8.5% |
| Return on capital employed | +5.9% | +3.9% | +1.7% | +2.2% | 0.0% | +1.2% | +0.7% |
| Return on net worth | +4.9% | +3.2% | +1.4% | +1.5% | 0.0% | +4.8% | +0.7% |
| Debt / equity | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.87 | 1.46 | 7.24 | -6.73 | -0.37 | 281.82 | -8.65 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.35 | 0.28 | 0.22 | 0.19 | 0.15 | 0.11 | 0.15 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 256.85 | 89.18 | 115.99 | 250.92 |
| Debtors turnover | 4.42 | 4.18 | 4.35 | 5.48 | 4.82 | 2.99 | 4.14 |
| EPS (₹) | 24.12 | 15.70 | 9.00 | 6.96 | (31.33) | 221.54 | 29.54 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 481.65 | 453.36 | 438.97 | 426.61 | 415.11 | 4,495.56 | 3,504.92 |
To see the full year-wise statements and ratios of Cartrade Tech Limited, buy the company report.
Board of directors of Cartrade Tech Limited
Cartrade Tech has 7 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshminarayanan Subramanian | Director | 12 May 2021 | 5 Years 5 Months | Current |
| Aneesha Bhandary Also directs: Shriram Automall India Limited, Sobek Auto India Private Limited, Cartrade Foundation and 1 more | Director | 23 Apr 2021 | 5 Years 6 Months | Current |
| Vivek Gul Asrani Also directs: GRP Limited, Om Pharmaceuticals Limited, Indo-Italian Furniture Company Private Limited and 3 more | Director | 23 Apr 2021 | 5 Years 6 Months | Current |
| Vinay Vinod Sanghi Also directs: Shriram Automall India Limited, Sobek Auto India Private Limited, HDFC Ergo General Insurance Company Limited and 1 more | Managing Director | 06 Jul 2009 | 17 Years 3 Months | Current |
| Kishori Jayendra Udeshi Also directs: Sobek Auto India Private Limited, Sotc Travel Limited | Director | 23 Apr 2021 | 5 Years 6 Months | Current |
| Victor Anthony Perry Iii | Director | 22 Oct 2014 | 12 Years 0 Months | Current |
Showing 6 of 7 current directors. View all directors
Auditor
Cartrade Tech Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 0.00%, foreign institutional investors hold 54.40%, domestic institutional investors hold 15.60% and retail and other public shareholders hold 30.00%.
Sep 2026
QUARTER
15.60% DII (Domestic Institutional)
54.40% FII (Foreign Institutional)
30.00% Retail & Others
Public holding - history
Now 100.00% · Sep 2026High 100.00% · Dec 2025Low 100.00% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 100.00% | 100.00% | 100.00% | 100.00% |
Deals & funding
Cartrade Tech Limited has 57 deals on record (33 market trades, 12 funding rounds, 11 secondary share transfers), with disclosed funding of ₹2,604.03 Cr; the latest was in June 2026.
Total deals
57
Market trades
33
Funding rounds
12
Secondary share transfers
11
IPO
1
Disclosed funding
₹2,604.03 Cr
Deals on record (5 of 57)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2026 | Market trade | ₹213.6 Cr | Buyer: Hrti Private Limited , Qe Securities LLP , Junomoneta Finsol Private Limited Seller: Hrti Private Limited , Junomoneta Finsol Private Limited , Qe Securities LLP |
| Jun 2026 | Market trade | ₹181.92 Cr | Buyer: NK Securities Research Private Limited , Hrti Private Limited , Qe Securities LLP Seller: NK Securities Research Private Limited , Hrti Private Limited , Qe Securities LLP |
| May 2026 | Market trade | ₹49.12 Cr | Buyer: Hrti Private Limited Seller: Hrti Private Limited |
| Feb 2026 | Market trade | ₹84.86 Cr | Buyer: Oaklane Capital Management LLP Seller: Mobius Investment Trust Plc |
| Oct 2025 | Market trade | ₹154.82 Cr | Buyer: Graviton Research Capital LLP , Junomoneta Finsol Private Limited Seller: Graviton Research Capital LLP , Junomoneta Finsol Private Limited |
To see the full deal history of Cartrade Tech Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cartrade Tech Limited has 12 court cases on record: 4 filed by Cartrade Tech, 8 filed against it. 3 cases are pending and 9 are disposed.
Total cases
12
Filed by the company
4
Filed against the company
8
Pending
3
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 5 | 2 |
| High courts | 4 | 3 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Cri.Rev.App.) | Filed by the company against M/S Cholamandalam Investment and Finance Company Ltd. Though Nagraj Pandurang Vadnal and 3 others | Disposed |
| District court, Panchkula, Haryana | Civil suit | Filed against the company by an individual | Pending |
| District court, Nagpur, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company | Pending |
| Bombay High Court | Writ petition | Filed by the company against Assistant Commissioner of Income Tax 7 1 1 Mumbai | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS Cases) | Filed against the company by an individual | Disposed |
To see the full case history of Cartrade Tech Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cartrade Tech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Cartrade Tech has 6 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
6
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Shriram Automall India Limited | U50100TN2010PLC074572 | |
| Cartrade Finance Private Limited | U67100MH2019PTC327412 | |
| Augeo Asset Management Private Limited | U67200DL2019PTC351745 | |
| Cartradeexchange Solutions Private Limited | U74120MH2012PTC237037 | |
| Cartrade Foundation | U85300MH2021NPL363767 | |
| Adroit Inspection Services Private Limited | U93000DL2016PTC292367 |
To see the full group structure of Cartrade Tech Limited, buy the company report.
Employees & EPFO
Cartrade Tech Limited has a workforce of 1,016 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
1,016
Active EPFO establishments
1
Employee growth
22.71%
GST
Cartrade Tech has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCK6981G1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 37AABCK6981G1Z8 | Andhra Pradesh | Active | 04 Aug 2017 |
| 07AABCK6981G1ZB | Delhi | Active | 05 Aug 2017 |
To see the full GST registrations and return filing status of Cartrade Tech Limited, buy the company report.
Recent activity
Cartrade Tech Limited has 33 board changes on record since 2000: 20 appointments and 13 cessations. The latest: Steven Douglas Greenfield was appointed as Director on 01 Apr 2025.
Filing
Cartrade Tech Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai Ii.
AGM
Cartrade Tech Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Appointed
Steven Douglas Greenfield was appointed as Director.
Appointed
Lakshminarayanan Subramanian was appointed as Director.
Ceased
Hemant Luthra ceased to be Director.
Ceased
Avneet Singh Kochar ceased to be Nominee Director.
Ceased
Rajan Jitendra Mehra ceased to be Director.
Ceased
Siddharth Narayan ceased to be Nominee Director.
Ceased
Sumant Mandal ceased to be Nominee Director.
Appointed
Aneesha Bhandary was appointed as Director.
Appointed
Kishori Jayendra Udeshi was appointed as Director.
Appointed
Vivek Gul Asrani was appointed as Director.
24 earlier events are in the company report.
News
CarTrade: Nomura on CarTrade maintains Buy, Target Price Rs 3377; Q2FY27 EBITDA missed estimates due to slower Consumer business revenue growth of 4% YoY versus Nomura's 17% estimate, while OLX and Remarketing grew 26% and 12%, respectively. Margins remained on track across businesses, with monthly unique visitors at 76mn versus 80mn in Q1 and organic traffic share at 96%. OLX initiatives are expected to drive growth recovery.
CARTRADE: Q2 CONS NET PROFIT 595M RUPEES VS 597M (YOY)
CARTRADE: Q2 EBITDA 760M RUPEES VS 636M (YOY); Q2 EBITDA MARGIN 35.67% VS 32.88% (YOY)
CARTRADE: Q2 REVENUE 2.13B RUPEES VS 1.93B (YOY)
CarTrade Tech: Expects Q3 FY27 To Be Record Quarter For New Auto Sales With High Revenue.
Cartrade Tech: OLX's Growth Projected to Reach 30-35%+, Q3 FY27 Anticipated to Be Record-Breaking
From our blog
Frequently asked questions
Cartrade Tech is an active public limited company based in Thane, Maharashtra, India. The company works in online automotive platforms, within the e-commerce industry. It was incorporated on 28 April 2000 (26+ years old) and is registered under CIN L74900MH2000PLC126237. Listed on BSE: 543333 and NSE: CARTRADE.
Cartrade Tech reported revenue of ₹779.27 Cr for FY 2025-26 (up 21.5% YoY) based on consolidated financials.
Cartrade Tech has 7 current directors:
- Vinay Vinod Sanghi - Managing Director
- Lakshminarayanan Subramanian - Director
- Aneesha Bhandary - Director
- Vivek Gul Asrani - Director
- Kishori Jayendra Udeshi - Director
- Victor Anthony Perry Iii - Director
- Steven Douglas Greenfield - Director
The latest financial statements of Cartrade Tech on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Cartrade Tech is 27AABCK6981G1Z9, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 37AABCK6981G1Z8 (Andhra Pradesh), 07AABCK6981G1ZB (Delhi).
The CIN (Corporate Identification Number) of Cartrade Tech is L74900MH2000PLC126237. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Cartrade Tech is a listed company as per MCA records. Its shares are listed on both BSE (code: 543333) and NSE (symbol: CARTRADE).
Cartrade Tech has 12 court cases on record: 4 filed by the company and 8 filed against it. 3 are pending. Most are in the district courts.
Cartrade Tech was incorporated on 28 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Cartrade Tech has 57 deals on record (33 market trades, 12 funding rounds, 11 secondary share transfers), with disclosed funding of ₹2,604.03 Cr; the latest was in June 2026.