CarTrade Tech Ltd, established in 2009, is one of India’s leading multi-channel automotive platforms, providing an integrated ecosystem for buying, selling, and managing vehicles. The company operates through a diverse portfolio of well-known brands, including CarWale, which caters to consumers researching and purchasing new and used cars; CarTrade, a platform focused on car buyers and dealers, streamlining transactions; Shriram Automall, a physical auction platform for used vehicles and equipment; BikeWale, dedicated to two-wheeler buyers; CarTradeExchange, a technology-driven platform empowering auto dealers toS manage their businesses; Adroit Auto, which specializes in vehicle inspections and valuations; and AutoBiz. Leveraging advanced data science, artificial intelligence, and cutting-edge technology, CarTrade Tech provides customer-centric solutions tailored to meet the needs of end consumers, dealers, OEMs (original equipment manufacturers), and institutional clients. The company serves diverse automotive segments, including marketing, financing, and vehicle-related value-added services, ensuring transparency, convenience, and efficiency. With its public listing in 2021 on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), CarTrade Tech aims to revolutionize the automotive industry by creating a unified and efficient marketplace for all stakeholders.
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
| FIIs + | 71.93% | 69.71% | 59.31% | 51.63% | 55.12% |
| DIIs + | 4.38% | 4.96% | 12.91% | 22.01% | 19.67% |
| Public + | 23.68% | 25.33% | 27.78% | 26.36% | 25.21% |
| No. of Shareholders | 3,05,593 | 2,89,384 | 2,79,172 | 2,58,990 | 2,27,256 |
The shareholding pattern of CarTrade Tech Ltd has experienced notable shifts over the course of 2023 and 2024, reflecting changes in investor sentiment and participation. Foreign Institutional Investors (FIIs) held a dominant stake of 71.93% in December 2023, but their share gradually declined to 55.12% by December 2024. In contrast, Domestic Institutional Investors (DIIs) showed significant growth in their holdings, rising from 4.38% in December 2023 to a peak of 22.01% in September 2024, before slightly reducing to 19.67% by year-end. Public shareholding also saw moderate fluctuations, starting at 23.68% in December 2023 and ending at 25.21% in December 2024, demonstrating consistent individual investor participation.
Simultaneously, the number of shareholders in CarTrade Tech decreased steadily, from 3,05,593 in December 2023 to 2,27,256 by December 2024.
Below are the trading platforms that you can use to purchase CarTrade Tech shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| April 2025 | 1,682.77 | 1,294.44 |
| May 2025 | 1,633.76 | 1,256.74 |
| June 2025 | 1,707.28 | 1,313.29 |
| July 2025 | 1,673.80 | 1,287.54 |
| August 2025 | 1,725.57 | 1,327.36 |
| September 2025 | 1,746.27 | 1,343.29 |
| October 2025 | 1,791.68 | 1,378.21 |
| November 2025 | 1,836.47 | 1,412.67 |
| December 2025 | 1,919.11 | 1,476.24 |
In 2025, the projected price range for CarTrade Tech indicates steady growth throughout the year. In April 2025, the maximum price is expected to reach ₹1,682.77, while the minimum could hover around ₹1,294.44. Moving toward December 2025, the maximum price is anticipated to climb to ₹1,919.11, with the minimum price estimated at ₹1,476.24.
| When | Maximum Price | Minimum Price |
| January 2026 | 1,976.68 | 1,520.52 |
| February 2026 | 1,927.27 | 1,482.51 |
| March 2026 | 1,965.81 | 1,512.16 |
| April 2026 | 2,005.93 | 1,543.02 |
| May 2026 | 1,986.07 | 1,527.75 |
| June 2026 | 2,035.72 | 1,565.94 |
| July 2026 | 1,995.80 | 1,535.23 |
| August 2026 | 2,057.53 | 1,582.72 |
| September 2026 | 2,098.68 | 1,614.37 |
| October 2026 | 2,153.25 | 1,656.34 |
| November 2026 | 2,207.08 | 1,697.75 |
| December 2026 | 2,262.25 | 1,740.20 |
As we move through 2026, CarTrade Tech’s share price is expected to reflect significant growth. In January 2026, the share price is projected to reach a maximum of ₹1,976.68 and a minimum of ₹1,520.52. By December 2026, the share price is anticipated to escalate further, with a maximum of ₹2,262.25 and a minimum of ₹1,740.20.
| When | Maximum Price | Minimum Price |
| January 2027 | 2,284.88 | 1,757.60 |
| February 2027 | 2,343.46 | 1,802.66 |
| March 2027 | 2,434.86 | 1,872.97 |
| April 2027 | 2,387.12 | 1,836.24 |
| May 2027 | 2,317.59 | 1,782.76 |
| June 2027 | 2,421.88 | 1,862.98 |
| July 2027 | 2,374.39 | 1,826.46 |
| August 2027 | 2,447.83 | 1,882.94 |
| September 2027 | 2,533.50 | 1,948.85 |
| October 2027 | 2,599.37 | 1,999.52 |
| November 2027 | 2,664.36 | 2,049.51 |
| December 2027 | 2,730.97 | 2,100.74 |
| When | Maximum Price | Minimum Price |
| January 2028 | 2,785.58 | 2,142.76 |
| February 2028 | 2,857.01 | 2,197.70 |
| March 2028 | 2,968.43 | 2,283.41 |
| April 2028 | 2,910.23 | 2,238.64 |
| May 2028 | 2,825.46 | 2,173.43 |
| June 2028 | 2,952.61 | 2,271.24 |
| July 2028 | 2,894.72 | 2,226.71 |
| August 2028 | 2,984.24 | 2,295.57 |
| September 2028 | 3,088.69 | 2,375.92 |
| October 2028 | 3,169.00 | 2,437.69 |
| November 2028 | 3,248.22 | 2,498.63 |
| December 2028 | 3,329.43 | 2,561.10 |
| When | Maximum Price | Minimum Price |
| January 2029 | 3,396.02 | 2,612.32 |
| February 2029 | 3,483.09 | 2,679.30 |
| March 2029 | 3,618.94 | 2,783.80 |
| April 2029 | 3,547.98 | 2,729.21 |
| May 2029 | 3,444.64 | 2,649.72 |
| June 2029 | 3,599.65 | 2,768.96 |
| July 2029 | 3,529.06 | 2,714.66 |
| August 2029 | 3,638.21 | 2,798.62 |
| September 2029 | 3,765.55 | 2,896.58 |
| October 2029 | 3,863.45 | 2,971.89 |
| November 2029 | 3,960.04 | 3,046.18 |
| December 2029 | 4,059.04 | 3,122.34 |
| When | Maximum Price | Minimum Price |
| January 2030 | 4,140.22 | 3,184.78 |
| February 2030 | 4,246.38 | 3,266.45 |
| March 2030 | 4,411.99 | 3,393.84 |
| April 2030 | 4,325.48 | 3,327.29 |
| May 2030 | 4,199.49 | 3,230.38 |
| June 2030 | 4,388.47 | 3,375.75 |
| July 2030 | 4,302.42 | 3,309.56 |
| August 2030 | 4,435.49 | 3,411.91 |
| September 2030 | 4,590.73 | 3,531.33 |
| October 2030 | 4,710.09 | 3,623.15 |
| November 2030 | 4,827.84 | 3,713.72 |
| December 2030 | 4,948.54 | 3,806.57 |
As we finally reach 2030, CarTrade Tech’s share price is projected to exhibit remarkable growth throughout the year. In January 2030, the share price is expected to achieve a maximum of ₹4,140.22 and a minimum of ₹3,184.78. By December 2030, the share price is anticipated to soar further, reaching a maximum of ₹4,948.54 and a minimum of ₹3,806.57.
Financial Condition of Cartrade Tech
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 298 | 250 | 313 | 364 | 490 | 617 |
| Expenses + | 258 | 210 | 446 | 330 | 410 | 485 |
| Operating Profit | 40 | 40 | -133 | 34 | 80 | 132 |
| OPM % | 14% | 16% | -43% | 9% | 16% | 21% |
| Other Income + | 20 | 32 | 46 | 64 | 3 | 67 |
| Interest | 4 | 5 | 7 | 9 | 10 | 11 |
| Depreciation | 17 | 20 | 25 | 29 | 37 | 42 |
| Profit before tax | 39 | 47 | -119 | 61 | 36 | 146 |
| Tax % | 20% | -120% | 2% | 33% | 44% | |
| Net Profit + | 31 | 103 | -121 | 40 | 20 | 124 |
| EPS in Rs | 63.43 | 258.07 | -28.33 | 7.26 | 3.05 | 24.42 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
CarTrade Tech’s financial performance from March 2020 to the trailing twelve months (TTM) showcases a journey of growth, resilience, and strategic adaptation. The company’s sales have steadily increased, growing from ₹298 crore in March 2020 to ₹617 crore in the TTM, reflecting its expanding market presence and the rising demand for its automotive solutions. This growth, coupled with a focus on operational efficiency, helped CarTrade Tech navigate challenges effectively. While expenses also increased, rising from ₹258 crore in March 2020 to ₹485 crore in the TTM, the growth in revenue outpaced this, allowing the company to achieve an operating profit of ₹132 crore in the TTM, a substantial recovery from a ₹-133 crore loss in March 2022. The operating profit margin (OPM) improved significantly, reaching 21% in the TTM, highlighting better cost management and operational optimization.
Net profit trends further illustrate CarTrade Tech’s turnaround. After reporting a loss of ₹-121 crore in March 2022, the company regained profitability with a net profit of ₹124 crore in the TTM. Other income played a key role, peaking at ₹67 crore in the TTM, which complemented the operational recovery. Earnings per share (EPS) also rebounded, climbing from a low of ₹-28.33 in March 2022 to ₹24.42 in the TTM, signaling restored shareholder value. Despite these achievements, CarTrade Tech maintained a 0% dividend payout, likely indicating a focus on reinvesting profits to fuel future growth. Overall, CarTrade Tech’s financial trajectory underscores its ability to overcome challenges and position itself strongly in the competitive automotive platform industry.
FAQS
As of 16th March 2025, the current share price of Cartrade Tech is ₹1,559.
Cartrade Tech share prices ranging from a projected high of ₹1,919.11 to an anticipated low of ₹1,256.74.
The expected maximum price prediction for 2030 is ₹4,948.54.
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Conclusion
In conclusion, CarTrade Tech Ltd has established itself as a leading player in India’s automotive ecosystem, leveraging its diverse platforms and advanced technologies to cater to various stakeholders. The company has demonstrated robust growth, reflected in its steadily increasing sales and improved profitability, with a notable turnaround from losses in March 2022 to achieving a net profit of ₹124 crore in the trailing twelve months. Its shareholding pattern reveals dynamic shifts, with increasing participation from domestic institutional investors and a steady public presence. Price projections for 2025 to 2030 suggest significant growth potential, reflecting strong market sentiment and confidence in the company’s future performance.
What did we learn?
