CARTRADE - CarTrade Tech Limited

CARTRADE.NSCARTRADE TECH LIMITED
₹ 1,595.80
NSE
₹ 36.80
2.36%

Price Summery

Last Updates : 10 seconds ago

Current Price

₹ 1,595.80

Volume

207,453

Today's Open

₹ 1,568.85

Previous Close

₹ 1,559.00

Today's High

₹ 1,616.20

Today's Low

₹ 1,546.75

52 Week High

₹ 1,836.85

52 Week Low

₹ 626.95

CarTrade Tech (CARTRADE) Share price Target 2025 to 2040, Detailed Analysis

By the Moneyroxx Analytical team led by Suraj Sharma

  • Updated on March 11, 2025

CarTrade Tech Ltd., established in 2000, is a multi-channel vehicle platform supplier company.

The company operates many brands, including CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz.

With its strong technology-driven approach, CarTrade Tech is a trusted digital automotive platform in India, making vehicle transactions easy and transparent

CarTrade Tech Forecast Key Info

The CarTrade Tech Ltd stock is trading at ₹ 1,595.80

CarTrade is one of India's largest online vehicle marketplaces, with a strong brand memory.

The Indian pre-owned automobile industry is quickly developing, owing to low prices and increasing digital use.

Company Essentials

Market Cap

₹ 7,771.22 Cr.

Enterprise Value

₹ 7,762.71 Cr.

No. of Shares

4.74 Cr.

Face Value

₹ 10

P/E

121.91

P/B

3.67

Div. Yeild

0%

Book Value

₹ 446.95

Debt

₹ 0 Cr.

Prtomoter Holding

0%

EPS (TTM)

13.44

Cash

₹ 8.50 Cr.

Profit Growth

29.42%

Sales Growth

19.15%

ROE

2.36%

ROCE

2.67%

Company Share Holdings

  • Promoters : 0%
  • DII : 19.66%
  • FII : 55.12%
  • Public : 25.21%
  • Others : 0%

Company Financials

CarTrade Tech’s net sales increased by 19.14% and profit after tax increased by 29.41% between financial year 2023 to 2024.
Period202220232024
Revenue₹ 124.85₹ 156.68₹ 170.73
Expense₹ 303.33₹ 159.79₹ 170.73
Profit After Tax₹ -146.07₹ 32.60₹ 42.19
Assets₹ 1912.11₹ 1983.80₹ 2051.31
Amount in ₹ Crore

About the Company

CarTrade Tech Limited is a leading online automotive marketplace in India. The company operates platforms that help users buy, sell, and trade new and used vehicles. It connects car buyers, sellers, dealers, and manufacturers through its digital services. The company is headquartered in Mumbai, India.

CarTrade was founded in 2009 by Vinay Sanghi to simplify vehicle buying and selling. Over the years, it acquired platforms like CarWale and BikeWale, strengthening its online presence. In 2021, the company went public with an IPO listing on the stock exchange.

CarTrade Tech operates in various areas of the automobile industry, including:

  • Online Vehicle Buying & Selling – Helping individuals and dealers trade cars and bikes
  • Auction & Remarketing Services – Selling used vehicles through an auction platform
  • Automobile Reviews & Insights – Providing expert reviews and vehicle comparisons
  • Financing & Insurance – Assisting buyers with car loans and insurance options

 

CarTrade Tech Share Price Target 2025 to 2040

Here, we are going to provide you a quick glance of predicted target of CarTrade Tech Ltd shared, the detailed forecast is also provided below.
YearInitial TargetYear End Target
2025₹ 1522₹ 1904
2026₹ 1941₹ 2481
2027₹ 2482₹ 3021
2028₹ 3016₹ 3560
2029₹ 3563₹ 4103
2030₹ 4215₹ 5025
2035₹ 9245₹ 9823
2040₹ 16,245₹ 17,142

CarTrade Tech Share Price Target 2025

The initial target of this company can be around ₹1638 and the year end target is expected to be around ₹1904.

Year/MonthPredicted Target
March 2025₹ 1522
April 2025₹ 1426
May 2025₹ 1496
June 2025₹ 1530
July 2025₹ 1621
August 2025₹ 1764
September 2025₹ 1844
October 2025₹ 1836
November 2025₹1898
December 2025₹ 1904

CarTrade Tech Share Price Target 2026

The initial target of this company can be around ₹1941 and the year end target is expected to be around ₹2481.

Year/MonthPredicted Target
January 2026₹ 1941
February 2026₹ 1875
March 2026₹ 1871
April 2026₹ 1956
May 2026₹ 2026
June 2026₹ 2069
July 2026₹ 2170
August 2026₹ 2348
September 2026₹ 2348
October 2026₹2371
November 2026₹ 2442
December 2026₹ 2481

CarTrade Tech Share Price Target 2027

The initial target of this company can be around ₹2482 and the year end target is expected to be around ₹3021.

Year/MonthPredicted Target
January 2027₹ 2482
February 2027₹ 2419
March 2027₹ 2409
April 2027₹ 2495
May 2027₹ 2578
June 2027₹ 2630
July 2027₹ 2701
August 2027₹ 2865
September 2027₹ 2924
October 2027₹ 2909
November 2027₹ 2981
December 2027₹ 3021

CarTrade Tech Share Price Target 2028

The initial target of this company can be around ₹3016 and the year end target is expected to be around ₹3560.

Year/MonthPredicted Target
January 2028₹ 3016
February 2028₹ 2956
March 2028₹ 2978
April 2028₹ 3579
May 2025₹ 3117
June 2025₹ 3150
July 2025₹ 3249
August 2025₹ 3412
September 2025₹ 346
October 2025₹ 3455
November 2025₹ 3512
December 2025₹ 3560

CarTrade Tech Share Price Target 2029

The initial target of this company can be around ₹3563 and the year end target is expected to be around ₹4103.

Year/MonthPredicted Target
January 2029₹ 3563
February 2029₹ 3497
March 2029₹ 3488
April 2029₹ 3579
May 2029₹ 3654
June 2029₹ 3688
July 2029₹ 3790
August 2029₹ 3954
September 2029₹ 4005
October 2029₹ 3997
November 2029₹ 4062
December 2029₹ 4103

CarTrade Tech Share Price Target 2030

The initial target of this company can be around ₹4215 and the year end target is expected to be around ₹5025.

Year/MonthPredicted Target
January 2030₹ 4215
February 2020₹ 4321
March 2030₹ 4516
April 2030₹ 4586
May 2030₹ 4621
June 2030₹ 4751
July 2030₹ 4789
August 2030₹ 4821
September 2030₹ 4861
October 2030₹ 4952
November 2030₹ 4751
December 2030₹ 5025

CarTrade Tech Share Price Target 2035

The initial target of this company can be around ₹9245 and the year end target is expected to be around ₹9823.

Year/MonthPredicted Target
January 2035₹ 9245
March 2035₹ 9451
June 2035₹ 9571
August 2035₹ 9745
October 2035₹ 9862
December 2035₹ 9823

CarTrade Tech Share Price Target 2040

The initial target of this company can be around ₹16,245 and the year end target is expected to be around ₹17,142.

Year/MonthPredicted Target
January 2040₹ 16,245
March 2040₹ 16,359
June 2040₹ 16,578
August 2040₹ 16,792
October 2040₹ 16,816
December 2040₹ 17,142

Bull Case

  • Good revenue growth: The company has showed an excellent sales increase of 26.24% during the last three years.
  • Asset-Light Business Model: Unlike traditional auto dealers, CarTrade operates on a digital-first model, reducing operational costs.
  • Strategic Acquisitions: The acquisition of OLX Autos India expands CarTrade’s environmental impact in the online used automobile industry.
  • Excellent Cash Conversion: The company has an efficient Cash Conversion Cycle of 83.87 days.

Bear Case

  • Slow Revenue Growth: Despite market potential, CarTrade’s revenue growth has been slower than expected, raising concerns about scalability.
  • IPO Disappointment: Investors were initially optimistic, but post-listing performance has been underwhelming, affecting sentiment.
  • Low EBITDA: The company’s EBITDA margin has been -26.59% during the last five years.

CarTrade Tech Share Price Target: FAQ

The year end target of this share can be ₹1904 for 2025
The year end target of this share can be ₹2481 for 2025
The year end target of this share can be ₹3021 for 2025
The year end target of this share can be ₹3560 for 2025
The year end target of this share can be ₹4103 for 2025
The year end target of this share can be ₹5025 for 2025

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