CARTRADE - CarTrade Tech Limited

CARTRADE.NSCARTRADE TECH LIMITED
₹ 1,559.00
NSE
₹ 26.45
1.73%

Price Summery

Last Updates : 2 days ago

Current Price

₹ 1,559.00

Volume

206,904

Today's Open

₹ 1,547.80

Previous Close

₹ 1,532.55

Today's High

₹ 1,566.65

Today's Low

₹ 1,522.65

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

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 ₹ 1,559.00

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%

Share Holding Pattern

Company Financials & Fundamentals

CarTrade Tech Share Price Target 2025 to 2040

Year

Initial Target

Year End Target

2025

₹ 1638

₹ 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

Year/Month

Predicted Target

February 2025

₹ 1638

March 2025

₹ 1522

April 2025

₹ 1426

May 2025

₹ 1496

June 2025

₹ 1530

July 2025

₹ 1621

August 2025

₹ 1764

September 2025

₹ 1844

October 2023

₹ 1836

November 2025

₹ 1898

December 2025

₹ 1904

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

CarTrade Tech Share Price Target 2026

Year/Month

Predicted Target

January 2026

₹ 1941

February 2026

₹ 1875

March 2026

₹ 1871

April 2026

₹ 1956

May 2026

₹ 2026

June 2026

₹ 2069

July 2026

₹ 2170

August 2026

₹ 2365

September 2026

₹ 2348

October 2026

₹ 2371

November 2026

₹ 2442

December 2026

₹ 2481

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

CarTrade Tech Share Price Target 2027

Year/Month

Predicted 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

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

CarTrade Tech Share Price Target 2028

Year/Month

Predicted Target

January 2028

₹ 3016

February 2028

₹ 2956

March 2028

₹ 2978

April 2028

₹ 3579

May 2028

₹ 3117

June 2028

₹ 3150

July 2028

₹ 3249

August 2028

₹ 3412

September 2028

₹ 346

October 2028

₹ 3455

November 2028

₹ 3512

December 2028

₹ 3560

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

CarTrade Tech Share Price Target 2029

Year/Month

Predicted 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

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

CarTrade Tech Share Price Target 2030

Year/Month

Predicted Target

January 2030

₹ 4215

February 2030

₹ 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

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

CarTrade Tech Share Price Target 2035

Year/Month

Predicted Target

January 2035

₹ 9245

March 2035

₹ 9451

June 2035

₹ 9571

August 2035

₹ 9745

October 2035

₹ 9862

December 2035

9823

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

CarTrade Tech Share Price Target 2040

Year/Month

Predicted 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

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