CarTrade TechNSE:CARTRADE +1.29%71 Interest Coverage is 18.17 as of Mar. 2026, which is 172% above its 10-year median of 6.69. GuruFocus rates NSE:CARTRADE with a GF Score™ of 71/100 and a GF Value™ of ₹1,823.95 (Significantly Overvalued). Among 1,067 Vehicles & Parts companies, CarTrade Tech ranks better than 65.32% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. CarTrade Tech's
Operating Income
for the
three
months ended in Mar. 2026 was ₹607 Mil. CarTrade Tech's Interest Expense for the
three
months ended in Mar. 2026 was ₹-33 Mil.
CarTrade Tech's interest coverage for the quarter that ended in Mar. 2026 was 18.17.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for CarTrade Tech's Interest Coverage or its related term are showing as below:
NSE:CARTRADE'
s Interest Coverage Range Over the Past 10 Years
Min: 1.33 Med: 6.69 Max: 17.49
Current: 17.49
NSE:CARTRADE's Interest Coverage is ranked better than 65.32% of 1067
companies
in the Vehicles & Parts industry
Industry Median: 8.31
vs NSE:CARTRADE: 17.49
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
CarTrade Tech Interest Coverage Related Terms
CarTrade Tech Interest Coverage Historical Data
* Premium members only.
The historical data trend for CarTrade Tech's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
NSE:CARTRADE vs CVNA, PAG, ALTB: Interest Coverage Comparison
For the Auto & Truck Dealerships subindustry, CarTrade Tech's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CarTrade Tech Interest Coverage vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, CarTrade Tech's Interest Coverage distribution charts can be found below:
* The bar in red indicates where CarTrade Tech's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CarTrade Tech (NSE:CARTRADE) has a Interest Coverage of 18.17 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on CarTrade Tech and its competitors. This is 172% above median its historical median of 6.69. Over the past decade, CarTrade Tech's Interest Coverage has ranged from 1.33 to 17.49. According to the industry distribution chart, CarTrade Tech ranks #370 out of 1067 companies in the Vehicles & Parts industry, placing it in the top 34.7%.
Is CarTrade Tech's Interest Coverage too high?
CarTrade Tech's current Interest Coverage of 18.17 is 172% above median its 10-year median of 6.69. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 17.49. The Vehicles & Parts industry median Interest Coverage is 8.31. CarTrade Tech's value of 18.17 is 118.7% above this industry median. Based on the distribution chart, CarTrade Tech ranks #370 out of 1067 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, CarTrade Tech has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CarTrade Tech's Interest Coverage compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, CarTrade Tech ranks #370 out of 1067 companies for Interest Coverage. This puts CarTrade Tech in the upper half of its industry. The industry median Interest Coverage is 8.31. CarTrade Tech's value of 18.17 is 118.7% above this benchmark. Historically, CarTrade Tech's own Interest Coverage has ranged from 1.33 to 17.49 over the past decade. While the company's 10-year median is 6.69 vs. the industry median of 8.31, CarTrade Tech has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.31, based on 1,067 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CarTrade Tech's current Interest Coverage of 18.17 is 118.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on CarTrade Tech and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CarTrade Tech's current Interest Coverage is 18.17, which is 172% above median its own 10-year median of 6.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CarTrade Tech stock overvalued right now?
Based on GuruFocus' analysis, CarTrade Tech (NSE:CARTRADE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,823.95, compared to a current price of ₹2,693.00 — trading 47.6% above its estimated fair value. The current Interest Coverage is 18.17, which is 172% above median its 10-year median of 6.69 and 118.7% above the Vehicles & Parts industry median of 8.31. CarTrade Tech's overall GF Score™ is 71/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For CarTrade Tech (NSE:CARTRADE), the current Interest Coverage is 18.17 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CarTrade Tech (NSE:CARTRADE) Overvalued in 2026?
Based on GuruFocus' analysis, CarTrade Tech stock appears to be overvalued.
The current stock price of ₹2,693.00 is trading 47.6% above its estimated GF Value™ of ₹1,823.95.
GuruFocus considers CarTrade Tech to be Significantly Overvalued.
Key valuation signals for NSE:CARTRADE:
Interest Coverage: 18.17 (172% above median its 10-year median of 6.69)
GF Value™: ₹1,823.95 vs. price of ₹2,693.00 (47.6% above fair value)
Industry Position: 118.7% above the Vehicles & Parts median (#370 of 1067)
No single metric tells the full story. See the NSE:CARTRADE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CarTrade Tech Ltd is a multi-channel auto platform provider company. The company operates brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz. The platform connects new and used automobile customers, vehicle dealers, vehicle OEMs, and other businesses to buy and sell different types of vehicles. The company operates within three segments: the Consumer Group, Remarketing Group, and Classifieds Group.
71GF Score
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