Cartrade Tech Limited
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. It also offers new car original equipment manufacturers (OEM) solutions that provides OEMs with consumer insights and data-driven solutions for building their digital mar… Read more
Cartrade Tech Limited (CARTRADE) - Net Assets
Latest net assets as of September 2025: ₹24.48 Billion INR
Based on the latest financial reports, Cartrade Tech Limited (CARTRADE) has net assets worth ₹24.48 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹28.20 Billion) and total liabilities (₹3.72 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹24.48 Billion |
| % of Total Assets | 86.81% |
| Annual Growth Rate | 8.33% |
| 5-Year Change | 32.01% |
| 10-Year Change | N/A |
| Growth Volatility | 10.21 |
Cartrade Tech Limited - Net Assets Trend (2017–2025)
This chart illustrates how Cartrade Tech Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cartrade Tech Limited (2017–2025)
The table below shows the annual net assets of Cartrade Tech Limited from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹23.27 Billion | +7.86% |
| 2024-03-31 | ₹21.57 Billion | +1.62% |
| 2023-03-31 | ₹21.22 Billion | +2.32% |
| 2022-03-31 | ₹20.74 Billion | +17.70% |
| 2021-03-31 | ₹17.62 Billion | +32.26% |
| 2020-03-31 | ₹13.33 Billion | +3.53% |
| 2019-03-31 | ₹12.87 Billion | +3.03% |
| 2018-03-31 | ₹12.49 Billion | +1.81% |
| 2017-03-31 | ₹12.27 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cartrade Tech Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 157154000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹474.38 Million | 2.14% |
| Other Comprehensive Income | ₹2.48 Billion | 11.18% |
| Other Components | ₹20.42 Billion | 91.97% |
| Total Equity | ₹22.21 Billion | 100.00% |
Cartrade Tech Limited Competitors by Market Cap
The table below lists competitors of Cartrade Tech Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LifeTech Scientific Corporation
PINK:LFTSF
|
$838.16 Million |
|
CARGOJET INC. VAR VTG
F:CJ8A
|
$838.16 Million |
|
NCR Corp.
LSE:0K45
|
$838.30 Million |
|
Protector Forsikring ASA
OTCGREY:PSKRF
|
$838.66 Million |
|
Cloetta AB (publ)
ST:CLA-B
|
$837.82 Million |
|
Aguas Andinas S.A
SN:AGUAS-A
|
$837.56 Million |
|
Northking Information Technology Co
SHE:002987
|
$837.37 Million |
|
HCI Group Inc
NYSE:HCI
|
$837.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cartrade Tech Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 20,699,949,000 to 22,206,214,000, a change of 1,506,265,000 (7.3%).
- Net income of 1,346,508,000 contributed positively to equity growth.
- New share issuances of 72,186,000 increased equity.
- Other comprehensive income increased equity by 86,503,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹1.35 Billion | +6.06% |
| Share Issuances | ₹72.19 Million | +0.33% |
| Other Comprehensive Income | ₹86.50 Million | +0.39% |
| Other Changes | ₹1.07 Million | +0.0% |
| Total Change | ₹- | 7.28% |
Book Value vs Market Value Analysis
This analysis compares Cartrade Tech Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.96x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.46x to 3.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | ₹266.98 | ₹1724.70 | x |
| 2018-03-31 | ₹263.53 | ₹1724.70 | x |
| 2019-03-31 | ₹268.67 | ₹1724.70 | x |
| 2020-03-31 | ₹292.80 | ₹1724.70 | x |
| 2021-03-31 | ₹353.58 | ₹1724.70 | x |
| 2022-03-31 | ₹430.28 | ₹1724.70 | x |
| 2023-03-31 | ₹403.11 | ₹1724.70 | x |
| 2024-03-31 | ₹406.04 | ₹1724.70 | x |
| 2025-03-31 | ₹435.71 | ₹1724.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cartrade Tech Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.06%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.00%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.22x
- Recent ROE (6.06%) is above the historical average (0.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -3.02% | -47.23% | 0.06x | 1.02x | ₹-1.59 Billion |
| 2018 | -0.75% | -7.36% | 0.09x | 1.12x | ₹-1.30 Billion |
| 2019 | 1.36% | 6.86% | 0.17x | 1.16x | ₹-1.06 Billion |
| 2020 | 1.63% | 6.89% | 0.20x | 1.16x | ₹-1.06 Billion |
| 2021 | 5.50% | 37.05% | 0.13x | 1.15x | ₹-755.59 Million |
| 2022 | -6.67% | -42.24% | 0.14x | 1.15x | ₹-3.30 Billion |
| 2023 | 1.66% | 9.35% | 0.16x | 1.15x | ₹-1.70 Billion |
| 2024 | 0.69% | 2.92% | 0.20x | 1.21x | ₹-1.93 Billion |
| 2025 | 6.06% | 21.00% | 0.24x | 1.22x | ₹-874.11 Million |
Industry Comparison
This section compares Cartrade Tech Limited's net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $4,507,450,000
- Average return on equity (ROE) among peers: 10.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cartrade Tech Limited (CARTRADE) | ₹24.48 Billion | -3.02% | 0.15x | $837.99 Million |
| Landmark Cars Limited (LANDMARK) | $5.58 Billion | 2.85% | 2.38x | $77.39 Million |
| Popular Vehicles and Services Limited (PVSL) | $3.43 Billion | 18.68% | 3.38x | $20.03 Million |