Price Target Changed • May 11
Price target decreased by 7.5% to ₹2,541 Down from ₹2,748, the current price target is an average from 7 analysts. New target price is 30% above last closing price of ₹1,953. Stock is up 19% over the past year. The company is forecast to post earnings per share of ₹57.21 for next year compared to ₹46.80 last year. Reported Earnings • May 08
Full year 2026 earnings released: EPS: ₹46.80 (vs ₹28.41 in FY 2025) Full year 2026 results: EPS: ₹46.80 (up from ₹28.41 in FY 2025). Revenue: ₹8.70b (up 36% from FY 2025). Net income: ₹2.23b (up 66% from FY 2025). Profit margin: 26% (up from 21% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Specialty Retail industry in India. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹1,923, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 37x in the Specialty Retail industry in India. Total returns to shareholders of 354% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹1,110 per share. Annonce • May 04
CarTrade Tech Limited to Report Q4, 2026 Results on May 07, 2026 CarTrade Tech Limited announced that they will report Q4, 2026 results on May 07, 2026 Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹2,129, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 39x in the Specialty Retail industry in India. Total returns to shareholders of 285% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹1,035 per share. Reported Earnings • Jan 30
Third quarter 2026 earnings: EPS and revenues miss analyst expectations Third quarter 2026 results: EPS: ₹11.70 (up from ₹8.95 in 3Q 2025). Revenue: ₹2.28b (up 30% from 3Q 2025). Net income: ₹558.6m (up 31% from 3Q 2025). Profit margin: 25% (in line with 3Q 2025). Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Specialty Retail industry in India. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jan 22
CarTrade Tech Limited to Report Q3, 2026 Results on Jan 28, 2026 CarTrade Tech Limited announced that they will report Q3, 2026 results on Jan 28, 2026 Annonce • Jan 06
Cartrade Tech Limited Announces the Launch of Super Series CarTrade Tech Limited announced the launch of SUPER SERIES, a first-of-its-kind integrated solution for used car dealer partners that bring together the combined power of OLX India and CarWale on a single platform. The Super Series is built to help dealers accelerate sales, improve sourcing efficiency, and strengthen digital presence through a powerful mix of platform benefits, business tools, and recognition. CarTrade Tech powers one of India's largest and most trusted automotive marketplaces, serving 85 million+ unique visitors every month, partnering with over 12,000 used car dealers. This combination brings together the 2 million buyers and sellers for Used cars in India. Super Series leverages this scale to offer Consumers and Dealers: Presence on India's two largest and most trusted auto classifieds platforms. Access to diverse, high-intent buyers and sellers for cars. Reported Earnings • Oct 29
Second quarter 2026 earnings: EPS and revenues exceed analyst expectations Second quarter 2026 results: EPS: ₹12.56 (up from ₹5.90 in 2Q 2025). Revenue: ₹1.93b (up 25% from 2Q 2025). Net income: ₹596.6m (up 114% from 2Q 2025). Profit margin: 31% (up from 18% in 2Q 2025). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 43%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Specialty Retail industry in India. Over the last 3 years on average, earnings per share has increased by 75% per year whereas the company’s share price has increased by 76% per year. Price Target Changed • Oct 28
Price target increased by 11% to ₹2,361 Up from ₹2,124, the current price target is an average from 7 analysts. New target price is 25% below last closing price of ₹3,130. Stock is up 197% over the past year. The company is forecast to post earnings per share of ₹36.98 for next year compared to ₹28.41 last year. Annonce • Oct 16
CarTrade Tech Limited to Report Q2, 2026 Results on Oct 28, 2025 CarTrade Tech Limited announced that they will report Q2, 2026 results on Oct 28, 2025 Annonce • Sep 02
CarTrade Tech Limited, Annual General Meeting, Sep 25, 2025 CarTrade Tech Limited, Annual General Meeting, Sep 25, 2025, at 11:00 Indian Standard Time. New Risk • Aug 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Jul 29
First quarter 2026 earnings released: EPS: ₹9.03 (vs ₹4.65 in 1Q 2025) First quarter 2026 results: EPS: ₹9.03 (up from ₹4.65 in 1Q 2025). Revenue: ₹1.73b (up 23% from 1Q 2025). Net income: ₹428.7m (up 96% from 1Q 2025). Profit margin: 25% (up from 16% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Specialty Retail industry in India. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jul 29
Price target increased by 11% to ₹1,922 Up from ₹1,724, the current price target is an average from 6 analysts. New target price is 7.9% below last closing price of ₹2,086. Stock is up 142% over the past year. The company is forecast to post earnings per share of ₹36.31 for next year compared to ₹28.41 last year. Annonce • Jul 23
CarTrade Tech Limited to Report Q1, 2026 Results on Jul 28, 2025 CarTrade Tech Limited announced that they will report Q1, 2026 results on Jul 28, 2025 Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹1,986, the stock trades at a forward P/E ratio of 56x. Average forward P/E is 38x in the Specialty Retail industry in India. Total returns to shareholders of 201% over the past three years. New Risk • Jun 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • May 10
Full year 2025 earnings: EPS in line with expectations, revenues disappoint Full year 2025 results: EPS: ₹28.41 (up from ₹16.32 in FY 2024). Revenue: ₹7.11b (up 45% from FY 2024). Net income: ₹1.34b (up 76% from FY 2024). Profit margin: 19% (up from 16% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Specialty Retail industry in India. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Annonce • May 01
CarTrade Tech Limited to Report Q4, 2025 Results on May 07, 2025 CarTrade Tech Limited announced that they will report Q4, 2025 results on May 07, 2025 Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹1,386, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 33x in the Specialty Retail industry in India. Total returns to shareholders of 123% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹657 per share. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1,813, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 33x in the Specialty Retail industry in India. Total returns to shareholders of 193% over the past three years. Reported Earnings • Jan 30
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: ₹8.95 (up from ₹4.54 in 3Q 2024). Revenue: ₹1.76b (up 27% from 3Q 2024). Net income: ₹426.9m (up 101% from 3Q 2024). Profit margin: 24% (up from 15% in 3Q 2024). Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) also surpassed analyst estimates by 41%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Specialty Retail industry in India. Over the last 3 years on average, earnings per share has increased by 132% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1,542, the stock trades at a forward P/E ratio of 62x. Average forward P/E is 41x in the Specialty Retail industry in India. Total returns to shareholders of 109% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹642 per share. Annonce • Jan 24
CarTrade Tech Limited to Report Q3, 2025 Results on Jan 29, 2025 CarTrade Tech Limited announced that they will report Q3, 2025 results on Jan 29, 2025 New Risk • Jan 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Price Target Changed • Oct 29
Price target increased by 21% to ₹1,129 Up from ₹935, the current price target is an average from 5 analysts. New target price is 8.2% above last closing price of ₹1,043. Stock is up 55% over the past year. The company is forecast to post earnings per share of ₹21.86 for next year compared to ₹16.32 last year. Annonce • Oct 21
CarTrade Tech Limited to Report Q2, 2025 Results on Oct 28, 2024 CarTrade Tech Limited announced that they will report Q2, 2025 results on Oct 28, 2024 Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹981, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 44x in the Specialty Retail industry in India. Total loss to shareholders of 26% over the past three years. Annonce • Sep 11
CarTrade Tech Limited Announces Resignation of Vikram Alva as Chief Strategy Officer CarTrade Tech Limited announced that Mr. Vikram Alva, Chief Strategy Officer (designated as Senior Management Personnel), has tendered his resignation from the services of the Company with effective from September 11, 2024 due to personal reasons. Annonce • Sep 05
CarTrade Tech Limited, Annual General Meeting, Sep 27, 2024 CarTrade Tech Limited, Annual General Meeting, Sep 27, 2024, at 11:00 Indian Standard Time. Price Target Changed • Jul 31
Price target increased by 9.1% to ₹976 Up from ₹895, the current price target is an average from 5 analysts. New target price is 13% above last closing price of ₹867. Stock is up 72% over the past year. The company is forecast to post earnings per share of ₹22.45 for next year compared to ₹16.30 last year. Reported Earnings • Jul 31
First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2025 results: EPS: ₹4.65 (up from ₹2.77 in 1Q 2024). Revenue: ₹1.56b (up 82% from 1Q 2024). Net income: ₹219.2m (up 69% from 1Q 2024). Profit margin: 14% (down from 15% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Specialty Retail industry in India. Annonce • Jul 23
CarTrade Tech Limited to Report Q1, 2025 Results on Jul 30, 2024 CarTrade Tech Limited announced that they will report Q1, 2025 results on Jul 30, 2024 Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Lakshminarayanan Subramanian was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Price Target Changed • May 12
Price target increased by 14% to ₹896 Up from ₹784, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of ₹933. Stock is up 123% over the past year. The company is forecast to post earnings per share of ₹19.50 for next year compared to ₹16.30 last year. Reported Earnings • May 07
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: ₹16.30 (up from ₹7.28 in FY 2023). Revenue: ₹5.55b (up 53% from FY 2023). Net income: ₹764.6m (up 125% from FY 2023). Profit margin: 14% (up from 9.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.6%. Earnings per share (EPS) missed analyst estimates by 73%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Specialty Retail industry in India. Annonce • May 03
CarTrade Tech Limited to Report Q4, 2024 Results on May 06, 2024 CarTrade Tech Limited announced that they will report Q4, 2024 results on May 06, 2024 New Risk • Apr 15
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 6.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.4% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Reported Earnings • Feb 09
Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2024 results: EPS: ₹4.54 (up from ₹2.79 in 3Q 2023). Revenue: ₹1.39b (up 43% from 3Q 2023). Net income: ₹212.8m (up 63% from 3Q 2023). Profit margin: 15% (up from 13% in 3Q 2023). Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Specialty Retail industry in India. Valuation Update With 7 Day Price Move • Nov 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹858, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 55x in the Specialty Retail industry in India. Total returns to shareholders of 73% over the past year. Price Target Changed • Nov 13
Price target increased by 13% to ₹771 Up from ₹685, the current price target is an average from 6 analysts. New target price is 10% below last closing price of ₹857. Stock is up 67% over the past year. The company is forecast to post earnings per share of ₹9.80 for next year compared to ₹7.28 last year. Reported Earnings • Nov 11
Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2024 results: EPS: ₹2.33 (up from ₹0.74 in 2Q 2023). Revenue: ₹3.14b (up 258% from 2Q 2023). Net income: ₹109.3m (up 218% from 2Q 2023). Profit margin: 3.5% (down from 3.9% in 2Q 2023). Revenue exceeded analyst estimates significantly. Earnings per share (EPS) missed analyst estimates by 42%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Specialty Retail industry in India. New Risk • Nov 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Annonce • Nov 03
CarTrade Tech Limited to Report Q2, 2024 Results on Nov 09, 2023 CarTrade Tech Limited announced that they will report Q2, 2024 results on Nov 09, 2023 Annonce • Sep 06
CarTrade Tech Limited, Annual General Meeting, Sep 27, 2023 CarTrade Tech Limited, Annual General Meeting, Sep 27, 2023, at 10:00 Indian Standard Time. Agenda: To consider the audited standalone financial statements of the company for the financial year ended March 31, 2023, together with the report of the board of directors and the auditors thereon; to the audited consolidated financial statements of the company for the financial year ended march 31, 2023, together with the report of the auditors thereon; to appoint a director in place of Mr. Victor Anthony Perry who retires by rotation, and being eligible, offers himself for re-appointment; to consider and approve increase in remuneration of Mrs. Aneesha Bhandary executive director and CFO of the company; and to consider other matters if any. Annonce • Aug 14
CarTrade Tech Limited (NSEI:CARTRADE) completed the acquisition of Sobek Auto India Private Limited from Olx India B.V. for INR 5.4 billion. CarTrade Tech Limited (NSEI:CARTRADE) entered into a share purchase agreement to acquire Sobek Auto India Private Limited from Olx India B.V. for INR 5.4 billion on July 10, 2023. The transaction is expected to close within 21 to 30 days.CarTrade Tech Limited (NSEI:CARTRADE) completed the acquisition of Sobek Auto India Private Limited from Olx India B.V. for INR 5.4 billion on August 13, 2023. Reported Earnings • Aug 11
First quarter 2024 earnings released: EPS: ₹2.77 (vs ₹0.55 in 1Q 2023) First quarter 2024 results: EPS: ₹2.77 (up from ₹0.55 in 1Q 2023). Revenue: ₹860.7m (up 4.0% from 1Q 2023). Net income: ₹130.0m (up 407% from 1Q 2023). Profit margin: 15% (up from 3.1% in 1Q 2023). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Specialty Retail industry in India. Annonce • Aug 05
CarTrade Tech Limited to Report Q1, 2024 Results on Aug 10, 2023 CarTrade Tech Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Annonce • Jul 12
CarTrade Tech Limited (NSEI:CARTRADE) entered into a share purchase agreement to acquire Sobek Auto India Private Limited from Olx India B.V. for INR 5.4 billion. CarTrade Tech Limited (NSEI:CARTRADE) entered into a share purchase agreement to acquire Sobek Auto India Private Limited from Olx India B.V. for INR 5.4 billion on July 10, 2023. The transaction is expected to close within 21 to 30 days. New Risk • Jul 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹489, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 54x in the Specialty Retail industry in India. Total loss to shareholders of 21% over the past year. Reported Earnings • Apr 29
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: ₹7.28 (up from ₹28.72 loss in FY 2022). Revenue: ₹4.28b (up 37% from FY 2022). Net income: ₹340.0m (up ₹1.66b from FY 2022). Profit margin: 7.9% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 17%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Specialty Retail industry in India. Reported Earnings • Jan 25
Third quarter 2023 earnings: EPS misses analyst expectations Third quarter 2023 results: EPS: ₹2.79 (up from ₹5.03 loss in 3Q 2022). Revenue: ₹1.16b (up 31% from 3Q 2022). Net income: ₹130.3m (up ₹363.9m from 3Q 2022). Profit margin: 11% (up from net loss in 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Online Retail industry in Asia. Annonce • Jan 19
CarTrade Tech Limited to Report Q3, 2023 Results on Jan 24, 2023 CarTrade Tech Limited announced that they will report Q3, 2023 results on Jan 24, 2023 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Oct 22
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: EPS: ₹0.74 (up from ₹8.22 loss in 2Q 2022). Revenue: ₹1.02b (up 32% from 2Q 2022). Net income: ₹34.4m (up ₹411.1m from 2Q 2022). Profit margin: 3.4% (up from net loss in 2Q 2022). Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) also missed analyst estimates by 79%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Online Retail industry in Asia. Annonce • Oct 14
CarTrade Tech Limited to Report Q2, 2023 Results on Oct 21, 2022 CarTrade Tech Limited announced that they will report Q2, 2023 results on Oct 21, 2022 Annonce • Sep 04
CarTrade Tech Limited, Annual General Meeting, Sep 27, 2022 CarTrade Tech Limited, Annual General Meeting, Sep 27, 2022, at 11:00 Indian Standard Time. Agenda: To discuss THE AUDITED STANDALONE FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2022, TOGETHER WITH THE REPORT OF THE BOARD OF DIRECTORS AND THE AUDITORS THEREON. Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: ₹0.55 (vs ₹9.12 loss in 1Q 2022) First quarter 2023 results: EPS: ₹0.55 (up from ₹9.12 loss in 1Q 2022). Revenue: ₹927.7m (up 42% from 1Q 2022). Net income: ₹25.7m (up ₹441.0m from 1Q 2022). Profit margin: 2.8% (up from net loss in 1Q 2022). Over the next year, revenue is forecast to grow 24%, compared to a 32% growth forecast for the industry in India. Annonce • Jul 22
CarTrade Tech Limited to Report Q1, 2023 Results on Jul 29, 2022 CarTrade Tech Limited announced that they will report Q1, 2023 results on Jul 29, 2022 Reported Earnings • May 08
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: ₹28.72 loss per share (down from ₹266 profit in FY 2021). Revenue: ₹3.13b (up 25% from FY 2021). Net loss: ₹1.32b (down 243% from profit in FY 2021). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 3.3%. Over the next year, revenue is forecast to grow 29%, compared to a 34% growth forecast for the retail industry in India. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Jan 26
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: ₹5.03 loss per share (down from ₹41.26 profit in 3Q 2021). Revenue: ₹887.8m (up 8.1% from 3Q 2021). Net loss: ₹233.6m (down 260% from profit in 3Q 2021). Revenue missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 37%, compared to a 35% growth forecast for the industry in India. Reported Earnings • Nov 01
Second quarter 2022 earnings released: ₹8.22 loss per share (vs ₹41.26 profit in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2022 results: Revenue: ₹775.7m (down 5.5% from 2Q 2021). Net loss: ₹376.7m (down 358% from profit in 2Q 2021). Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 16% share price gain to ₹1,427, the stock trades at a trailing P/E ratio of 70.7x. Average trailing P/E is 20x in the Online Retail industry in India.