| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 213 | 193 | +10.2% |
| EBITDA | 76.0 | 63.6 | +19.5% |
| EBITDA margin | 35.7% | 32.9% | +2.8 pts |
| Profit before tax | 85.4 | 79.9 | +6.9% |
| Net profit | 66.0 | 64.1 | +2.9% |
| EPS | ₹12.30 | ₹12.56 | −2.1% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 11,800 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 1,083 | 935 | 636 | 525 | 1,004 | ||
| 154 | 135 | 106 | 86.9 | 79.0 | ||
| 10,871 | — | — | — | — | ||
| 827 | 779 | 641 | 490 | 364 | ||
| — | +21.5% | +30.9% | +34.7% | — | ||
| 289 | 257 | 151 | 79.4 | 33.0 | ||
| 34.9% | 33.0% | 23.5% | 16.2% | 9.1% | ||
| 247 | 218 | 110 | 42.0 | 4.3 | ||
| 255 | 244 | 145 | 20.0 | 40.4 | ||
| 30.8% | 31.3% | 22.7% | 4.1% | 11.1% | ||
| ₹48.29 | ₹46.58 | ₹28.12 | ₹2.99 | ₹7.10 | ||
| — | +65.6% | +841.4% | −57.9% | — | ||
| — | 257 | 171 | 15.9 | 48.2 | ||
| — | −26.6 | −5.4 | −2.9 | −7.1 | ||
| 230 | 230 | 166 | 13.0 | 41.1 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 11,799.6 | |
| - Cash, Equiv & ST Investments | 1,003.6 | 524.9 | 635.7 | 934.7 | 1,082.9 | |
| + Minority Interest | 79.0 | 86.9 | 105.9 | 135.0 | 153.9 | |
| Enterprise Value | — | — | — | — | 10,870.5 | |
| Revenue | 363.7 | 489.9 | 641.1 | 779.3 | 827.1 | |
| Growth %, YoY | — | +34.7 | +30.9 | +21.5 | — | |
| EBITDA | 33.0 | 79.4 | 150.5 | 257.0 | 288.9 | |
| Margin % | 9.07 | 16.20 | 23.48 | 32.98 | 34.93 | |
| EBIT | 4.3 | 42.0 | 109.7 | 218.3 | 247.2 | |
| Net Income | 40.4 | 20.0 | 145.3 | 243.5 | 255.1 | |
| Margin % | 11.12 | 4.08 | 22.66 | 31.25 | 30.84 | |
| EPS, Adj (current shares) | 7.10 | 2.99 | 28.12 | 46.58 | 48.29 | |
| Growth %, YoY | — | -57.9 | +841.4 | +65.6 | — | |
| Cash from Operations | 48.2 | 15.9 | 171.0 | 257.0 | — | |
| Capital Expenditures | -7.1 | -2.9 | -5.4 | -26.6 | — | |
| Free Cash Flow | 41.1 | 13.0 | 165.6 | 230.4 | 230.4 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Cartrade Tech (NSE: CARTRADE) had a market capitalisation of ₹11,303 crore at the 29 October 2026 close (₹2,325.00 a share), a PE ratio of 48.9 on the last four quarters' profit and a price-to-book ratio of 4.30. In FY26 its consolidated net profit attributable to shareholders was ₹223 crore on revenue of ₹779 crore; in Q2 FY27 (July–September 2026) it was ₹59.5 crore, down 0.3% year on year. It had no borrowings on 30 September 2026.
Cartrade Tech's PE ratio is 48.9 at the 29 October 2026 close (₹2,325.00 a share): a market capitalisation of ₹11,303 crore divided by consolidated net profit attributable to shareholders of ₹231 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹223 crore) it is 50.7.
Cartrade Tech's net worth — shareholders' equity in its consolidated balance sheet — was ₹2,632 crore on 30 September 2026, up 13.0% from ₹2,330 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹11,303 crore at the 29 October 2026 close.
Cartrade Tech's book value per share was ₹541.31 on 30 September 2026: shareholders' equity of ₹2,632 crore divided by the 4.86 crore shares in issue, up 10.6% from ₹489.39 a year earlier. The share price at the 29 October 2026 close was ₹2,325.00.
Cartrade Tech's price-to-book (PB) ratio is 4.30 at the 29 October 2026 close: a market capitalisation of ₹11,303 crore divided by shareholders' equity (book value) of ₹2,632 crore on 30 September 2026. That is a book value of ₹541.31 per share against a share price of ₹2,325.00.
In FY26, Cartrade Tech's return on equity (ROE) was 9.5% and its return on capital employed (ROCE) was 8.4%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 6.3% and ROCE 4.7%.
On 30 September 2026, Cartrade Tech's shares were held by foreign portfolio investors (FII/FPI) 51.20%, domestic institutions (DII) 19.40% (including mutual funds at 14.81%) and retail and other non-institutional investors 29.40%. Over the year, FII holding was down 17.31 percentage points from 68.51% and DII holding was up 9.45 percentage points from 9.95%.
Cartrade Tech's market capitalisation was ₹11,303 crore at the 29 October 2026 close: 4.86 crore shares at ₹2,325.00 each.
Yes. Cartrade Tech had no borrowings on 30 September 2026 (consolidated balance sheet), and it held ₹1,088 crore of cash, bank balances and current investments.
Cartrade Tech's basic earnings per share (EPS) were ₹46.80 in FY26, against ₹28.48 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹48.19.
Cartrade Tech's debt-to-equity ratio was 0.00 on 30 September 2026: no borrowings against total equity of ₹2,785 crore. A year earlier, on 30 September 2025, it was 0.00.
In FY26, Cartrade Tech generated ₹257 crore of cash from operations and spent ₹26.6 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹230 crore. In FY25 it was ₹166 crore.
Cartrade Tech has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
Cartrade Tech has no promoter group: on 30 September 2026 promoters held 0% of its shares, according to the shareholding pattern filed with NSE. Foreign portfolio investors held 51.20% and domestic institutions 19.40%.
Cartrade Tech's latest results are for Q2 FY27 (July–September 2026), filed on 28 October 2026: consolidated net profit attributable to shareholders ₹59.5 crore, down 0.3% from ₹59.7 crore in Q2 FY26; revenue from operations ₹213 crore, up 10.2% year on year.
In FY26 (April 2025–March 2026), Cartrade Tech's consolidated net profit attributable to shareholders was ₹223 crore, up 65.6% from ₹135 crore in FY25, on revenue from operations of ₹779 crore (up 21.5%). Over three years, from FY23, net profit was up 555.9%.
On FY26 consolidated figures, against Chalet Hotels and Blue Dart Express: Cartrade Tech's operating margin of 28.0% is the second highest of the three (Chalet Hotels 34.6%, Blue Dart Express 6.8%; peer average 20.7%); its return on equity of 9.5% is the lowest of the three (Chalet Hotels 19.1%, Blue Dart Express 14.8%; peer average 17.0%); its revenue growth over three years of 28.9% a year is the second highest of the three (Chalet Hotels 34.9% a year, Blue Dart Express 5.9% a year; peer average 20.4% a year).
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Cartrade Tech's PE ratio is 50.7, the highest of the three: Chalet Hotels 27.7 and Blue Dart Express 40.7, a peer average of 34.2. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Cartrade Tech earned net profit attributable to shareholders of ₹223 crore on revenue of ₹779 crore, against ₹645 crore on ₹2,770 crore for Chalet Hotels. Cartrade Tech's operating margin was 28.0% (Chalet Hotels 34.6%) and its return on equity 9.5% (Chalet Hotels 19.1%). At the 29 October 2026 close, Cartrade Tech's market capitalisation was ₹11,303 crore against ₹17,858 crore for Chalet Hotels, and its PE ratio on FY26 profit 50.7 against 27.7.
From Cartrade Tech's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.