CARTRADE.NS
Premium GrowerCarTrade Tech Limited · Consumer Cyclical · India · $1.4B cap · $18.0M/day traded
INR 2,644.30 +0.4% · close 12 Nov · scored 13 Nov
Premium Grower: Strong business with the market behind it, priced at a premium.
As of 13 Nov 2026, the MoatMap Score for CarTrade Tech Limited (CARTRADE.NS) is 45/100, ranked against 25,000+ stocks in 38 markets (Quality 67, Value 11, Momentum 61, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT CARTRADE TECH LIMITED
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CarTrade Tech Limited operates a multi-channel online automotive platform in India and internationally. The company provides services, including buying, selling, marketing, valuation, and financing of new and pre-owned vehicles.
FINANCIAL SUMMARY (INR)
| Year | 2023 | 2024 | 2025 | 2026 | CAGR | TTM | 2027E | 2028E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.6B | 4.9B | 6.4B | 7.7B | 28.7% | 8.3B | 9.1B | 10.9B | 18.8% |
| EPS (INR) | 7.28 | 3.05 | 28.48 | 46.80 | 85.9% | 46.28 | 55.47 | 71.09 | 23.3% |
| Shares | 46.8M | 46.9M | 47.4M | 47.9M | +2.2% | 48.6M | — | — | — |
| Debt | 864.3M | 1.1B | 1.3B | 1.4B | 17.6% | 1.3B | — | — | — |
| Equity | 20.4B | 20.7B | 22.2B | 24.8B | 6.7% | — | — | — | — |
| Op CF | 482.2M | 158.7M | 1.7B | 2.6B | 74.7% | 3.0B | — | — | — |
| Inv CF | -165.5M | -1.1B | -1.4B | -2.3B | — | — | — | — | — |
| Fin CF | -391.2M | -329.3M | -268.2M | -233.6M | — | — | — | — | — |
No new 52-week low for 26 weeks, 65% above that low, but not back above a rising 50-day average.
The Momentum score still reads 61: it looks back six months, so it has not caught up with this fall.
Swung more than 69% of stocks we rank over the past year (volatility 55% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling: It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor (this stock): It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of CARTRADE.NS are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| CARTRADE.NS | CarTrade Tech Limited(you) | $1.4B | 45 |
| LANDMARK.NS | Landmark Cars Limited | $183M | 64 |
| PVSL.NS | Popular Vehicles and Services Limited | $68M | 17 |
| SEDEMAC.NS | SEDEMAC Mechatronics Limited | $1.4B | 45 |
| VTL.NS | Vardhman Textiles Limited | $1.5B | 44 |
| THANGAMAYL.NS | Thangamayil Jewellery Limited | $1.5B | 40 |
| EIHOTEL.NS | EIH Limited | $1.9B | 44 |
| CEATLTD.NS | CEAT Limited | $1.3B | 49 |
| TBOTEK.NS | TBO Tek Limited | $1.7B | 40 |
| VARROC.NS | Varroc Engineering Limited | $1.2B | 49 |
Peer medians: ROE 11.7% · P/E 28.5x · Gross margin 39.8%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.