Financials CarTrade Tech Limited Bombay S.E.

Equities

CARTRADE

INE290S01011

Internet Services

Market Closed - Bombay S.E. 11:00:51 24/06/2024 BST 5-day change 1st Jan Change
837 INR -2.33% Intraday chart for CarTrade Tech Limited +1.14% +17.15%

Valuation

Fiscal Period: March 2022 2023 2024 2025 2026
Capitalization 1 27,022 18,225 40,496 - -
Enterprise Value (EV) 1 18,502 9,036 29,917 32,729 31,373
P/E ratio -20.2 x 58 x 227 x 44.4 x 34.2 x
Yield - - - - -
Capitalization / Revenue 8.64 x 5.01 x 6.11 x 6.38 x 5.48 x
EV / Revenue 5.92 x 2.48 x 6.11 x 5.15 x 4.24 x
EV / EBITDA 106 x 27.4 x 38.4 x 25.9 x 18.9 x
EV / FCF 32.2 x 22 x -40.4 x 35 x 23.9 x
FCF Yield 3.1% 4.55% -2.47% 2.85% 4.18%
Price to Book 1.37 x 0.89 x 1.24 x 1.96 x 1.84 x
Nbr of stocks (in thousands) 46,623 46,844 47,209 - -
Reference price 2 579.6 389.0 857.8 857.8 857.8
Announcement Date 04/05/22 28/04/23 06/05/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2021 2022 2023 2024 2025 2026
Net sales 1 - 3,127 3,637 4,899 6,350 7,393
EBITDA 1 - 174.3 329.9 778.2 1,265 1,664
EBIT 1 - -1,127 42.55 404.3 826.5 1,192
Operating Margin - -36.03% 1.17% 8.25% 13.02% 16.13%
Earnings before Tax (EBT) 1 - - 605.7 980.4 1,261 1,700
Net income 1 925 -1,321 340 143 984.9 1,281
Net margin - -42.24% 9.35% 2.92% 15.51% 17.33%
EPS 2 - -28.72 6.710 2.810 19.32 25.12
Free Cash Flow 1 - 573.8 411.1 -854.7 934.2 1,311
FCF margin - 18.35% 11.3% -18.77% 14.71% 17.73%
FCF Conversion (EBITDA) - 329.2% 124.58% - 73.86% 78.79%
FCF Conversion (Net income) - - 120.91% - 94.86% 102.33%
Dividend per Share 2 - - - - - -
Announcement Date 07/08/21 04/05/22 28/04/23 06/05/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 887.8 931.4 827.8 878.9 972.1 958.6 860.7 939.7 1,320 1,303
EBITDA 1 -279.4 177.7 24.46 81.77 106 117.8 54.71 133 188.5 250.3
EBIT 1 - - -43.44 10.49 33.63 41.87 -29.03 52 22 198
Operating Margin - - -5.25% 1.19% 3.46% 4.37% -3.37% 5.53% 1.67% 15.19%
Earnings before Tax (EBT) 1 - - 37.92 137.5 201.4 228.8 157.7 239 151 293
Net income 1 - - 25.65 34.42 130.3 149.6 130 173 114.5 242
Net margin - - 3.1% 3.92% 13.41% 15.6% 15.1% 18.41% 8.68% 18.57%
EPS - - - 0.6800 2.560 2.930 - 3.700 2.550 5.300
Dividend per Share - - - - - - - - - -
Announcement Date 25/01/22 04/05/22 29/07/22 21/10/22 24/01/23 28/04/23 10/08/23 - - -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - -
Net Cash position 1 - 8,521 9,189 5,951 7,767 9,123
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - 574 411 -855 934 1,311
ROE (net income / shareholders' equity) - -7.22% 1.69% 3.61% 4.65% 5.7%
ROA (Net income/ Total Assets) - - - - - -
Assets 1 - - - - - -
Book Value Per Share 2 - 425.0 436.0 693.0 438.0 466.0
Cash Flow per Share - - - - - -
Capex 1 - 57.7 71.1 1,640 257 356
Capex / Sales - 1.85% 1.95% 36.02% 4.04% 4.81%
Announcement Date 07/08/21 04/05/22 28/04/23 06/05/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
857.8 INR
Average target price
916.4 INR
Spread / Average Target
+6.83%
Consensus