CarTrade TechNSE:CARTRADE +3.48%71 Net Margin % is 31.80% as of Mar. 2026, which is 281% above its 10-year median of 8.35. GuruFocus rates NSE:CARTRADE with a GF Score™ of 71/100 and a GF Value™ of ₹1,819.11 (Significantly Overvalued). Among 1,326 Vehicles & Parts companies, CarTrade Tech ranks better than 98.49% on this metric.
Net margin is calculated as Net Income divided by its Revenue. CarTrade Tech's Net Income for the
three
months ended in Mar. 2026 was ₹646 Mil. CarTrade Tech's Revenue for the
three
months ended in Mar. 2026 was ₹2,031 Mil. Therefore, CarTrade Tech's net margin for the quarter that ended in Mar. 2026 was 31.80%.
The historical rank and industry rank for CarTrade Tech's Net Margin % or its related term are showing as below:
NSE:CARTRADE'
s Net Margin % Range Over the Past 10 Years
Min: -42.24 Med: 8.35 Max: 37.05
Current: 28.62
NSE:CARTRADE's Net Margin % is ranked better than 98.49% of 1326
companies
in the Vehicles & Parts industry
Industry Median: 3.205
vs NSE:CARTRADE: 28.62
CarTrade Tech (NSE:CARTRADE) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
CarTrade Tech Net Margin % Related Terms
CarTrade Tech Net Margin % Historical Data
* Premium members only.
The historical data trend for CarTrade Tech's Net Margin % 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.
NSE:CARTRADE vs CVNA, PAG, ALTB: Net Margin % Comparison
For the Auto & Truck Dealerships subindustry, CarTrade Tech's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, CarTrade Tech's Net Margin % distribution charts can be found below:
* The bar in red indicates where CarTrade Tech's Net Margin % falls into.
* 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 Net Margin % of 31.80% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on CarTrade Tech and its competitors. This is 281% above median its historical median of 8.35. According to the industry distribution chart, CarTrade Tech ranks #20 out of 1326 companies in the Vehicles & Parts industry, placing it in the top 1.5%.
Is CarTrade Tech's Net Margin % too high?
CarTrade Tech's current Net Margin % of 31.80% is 281% above median its 10-year median of 8.35. The Vehicles & Parts industry median Net Margin % is 3.21. CarTrade Tech's value of 31.80% is 892.2% above this industry median. Based on the distribution chart, CarTrade Tech ranks #20 out of 1326 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. 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 Net Margin % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, CarTrade Tech ranks #20 out of 1326 companies for Net Margin %. This places CarTrade Tech in the top 2% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.21. CarTrade Tech's value of 31.80% is 892.2% above this benchmark. While the company's 10-year median is 8.35 vs. the industry median of 3.21, 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 Net Margin % for a Vehicles & Parts company?
The median Net Margin % among Vehicles & Parts companies is 3.21, based on 1,326 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CarTrade Tech's current Net Margin % of 31.80% is 892.2% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on CarTrade Tech and its competitors. For the Vehicles & Parts industry, the median Net Margin % is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CarTrade Tech's current Net Margin % is 31.80%, which is 281% above median its own 10-year median of 8.35. 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 ₹1,819.11, compared to a current price of ₹2,694.40 — trading 48.1% above its estimated fair value. The current Net Margin % is 31.80%, which is 281% above median its 10-year median of 8.35 and 892.2% above the Vehicles & Parts industry median of 3.21. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For CarTrade Tech (NSE:CARTRADE), the current Net Margin % is 31.80% 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 ₹2,694.40 is trading 48.1% above its estimated GF Value™ of ₹1,819.11.
GuruFocus considers CarTrade Tech to be Significantly Overvalued.
Key valuation signals for NSE:CARTRADE:
Net Margin %: 31.80% (281% above median its 10-year median of 8.35)
GF Value™: ₹1,819.11 vs. price of ₹2,694.40 (48.1% above fair value)
Industry Position: 892.2% above the Vehicles & Parts median (#20 of 1326)
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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