CarTrade Tech (NSE:CARTRADE) Interest Expense: ₹-125 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:CARTRADE CarTrade Tech Ltd NSE:CARTRADE
84 GF Score
Price ₹2,808.20
GF Value ₹1,838.76
Valuation Significantly Overvalued
! 1 Warning Sign
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What is CarTrade Tech Interest Expense?

CarTrade Tech NSE:CARTRADE -3.00% 84 Interest Expense is ₹-125 Mil as of Mar. 2026. GuruFocus rates NSE:CARTRADE with a GF Score™ of 84/100 and a GF Value™ of ₹1,838.76 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CarTrade Tech's interest expense for the three months ended in Mar. 2026 was ₹ -33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-125 Mil.

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. 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. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

CarTrade Tech  (NSE:CARTRADE) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

CarTrade Tech's Interest Expense for the three months ended in Mar. 2026 was ₹-33 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹607 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹1,094 Mil.

CarTrade Tech's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*607.334/-33.432
=18.17

* 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.

The higher the ratio, the stronger the company's financial strength is.

CarTrade Tech Interest Expense Historical Data

* Premium members only.

The historical data trend for CarTrade Tech's Interest Expense 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.

CarTrade Tech Interest Expense Chart

CarTrade Tech Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial -64.52 -76.72 -92.47 -115.27 -124.79

CarTrade Tech Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -31.36 -30.25 -30.35 -30.76 -33.43
NSE:CARTRADE
84GF Score
CarTrade Tech Ltd NSE:CARTRADE
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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CarTrade Tech Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-125 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹-125 Mil mean?
CarTrade Tech (NSE:CARTRADE) has a Interest Expense of ₹-125 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on CarTrade Tech and its competitors.
Is CarTrade Tech's Interest Expense too high?
CarTrade Tech's current Interest Expense is ₹-125 Mil. Overall, CarTrade Tech has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CarTrade Tech's Interest Expense compare to CVNA and PAG?
CarTrade Tech's Interest Expense of ₹-125 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Vehicles & Parts company?
A good Interest Expense depends on the Vehicles & Parts industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on CarTrade Tech and its competitors. CarTrade Tech's current Interest Expense is ₹-125 Mil. 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 ₹1,838.76, compared to a current price of ₹2,808.20 — trading 52.7% above its estimated fair value. The current Interest Expense is ₹-125 Mil. CarTrade Tech's overall GF Score™ is 84/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For CarTrade Tech (NSE:CARTRADE), the current Interest Expense is ₹-125 Mil 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 ₹2,808.20 is trading 52.7% above its estimated GF Value™ of ₹1,838.76. GuruFocus considers CarTrade Tech to be Significantly Overvalued.

Key valuation signals for NSE:CARTRADE:

  • Interest Expense: ₹-125 Mil
  • GF Value™: ₹1,838.76 vs. price of ₹2,808.20 (52.7% above fair value)
  • GF Score™: 84/100 with 1 warning sign

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 Business Description

Other Exchanges 543333:India
Address S Pranavanandji Marg, Vishwaroop IT Park, 12th Floor, Sector 30A, Vashi, Navi Mumbai, MH, IND, 400 705
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.
84GF Score

Get the complete analysis for NSE:CARTRADE

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,808.20
Price
₹1,838.76
GF Value