CarTrade TechNSE:CARTRADE +3.48%71 Operating Margin % is 29.90% as of Mar. 2026, which is 235% above its 10-year median of 8.93. GuruFocus rates NSE:CARTRADE with a GF Score™ of 71/100 and a GF Value™ of ₹1,819.11 (Significantly Overvalued). Among 1,325 Vehicles & Parts companies, CarTrade Tech ranks better than 98.42% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. CarTrade Tech's Operating Income for the
three
months ended in Mar. 2026 was ₹607 Mil. CarTrade Tech's Revenue for the
three
months ended in Mar. 2026 was ₹2,031 Mil. Therefore, CarTrade Tech's Operating Margin % for the quarter that ended in Mar. 2026 was 29.90%.
The historical rank and industry rank for CarTrade Tech's Operating Margin % or its related term are showing as below:
NSE:CARTRADE'
s Operating Margin % Range Over the Past 10 Years
Min: -49.24 Med: 8.93 Max: 28.02
Current: 28.02
NSE:CARTRADE's Operating Margin % is ranked better than 98.42% of 1325
companies
in the Vehicles & Parts industry
Industry Median: 4.86
vs NSE:CARTRADE: 28.02
CarTrade Tech's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
CarTrade Tech Operating Margin % Related Terms
CarTrade Tech Operating Margin % Historical Data
* Premium members only.
The historical data trend for CarTrade Tech's Operating 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: Operating Margin % Comparison
For the Auto & Truck Dealerships subindustry, CarTrade Tech's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, CarTrade Tech's Operating Margin % distribution charts can be found below:
* The bar in red indicates where CarTrade Tech's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
CarTrade Tech's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as
* 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 Operating Margin % of 29.90% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on CarTrade Tech and its competitors. This is 235% above median its historical median of 8.93. According to the industry distribution chart, CarTrade Tech ranks #21 out of 1325 companies in the Vehicles & Parts industry, placing it in the top 1.6%.
Is CarTrade Tech's Operating Margin % too high?
CarTrade Tech's current Operating Margin % of 29.90% is 235% above median its 10-year median of 8.93. The Vehicles & Parts industry median Operating Margin % is 4.86. CarTrade Tech's value of 29.90% is 515.2% above this industry median. Based on the distribution chart, CarTrade Tech ranks #21 out of 1325 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 Operating Margin % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, CarTrade Tech ranks #21 out of 1325 companies for Operating Margin %. This places CarTrade Tech in the top 2% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 4.86. CarTrade Tech's value of 29.90% is 515.2% above this benchmark. While the company's 10-year median is 8.93 vs. the industry median of 4.86, 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 Operating Margin % for a Vehicles & Parts company?
The median Operating Margin % among Vehicles & Parts companies is 4.86, based on 1,325 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CarTrade Tech's current Operating Margin % of 29.90% is 515.2% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on CarTrade Tech and its competitors. For the Vehicles & Parts industry, the median Operating Margin % is 4.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CarTrade Tech's current Operating Margin % is 29.90%, which is 235% above median its own 10-year median of 8.93. 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 Operating Margin % is 29.90%, which is 235% above median its 10-year median of 8.93 and 515.2% above the Vehicles & Parts industry median of 4.86. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For CarTrade Tech (NSE:CARTRADE), the current Operating Margin % is 29.90% 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:
Operating Margin %: 29.90% (235% above median its 10-year median of 8.93)
GF Value™: ₹1,819.11 vs. price of ₹2,694.40 (48.1% above fair value)
Industry Position: 515.2% above the Vehicles & Parts median (#21 of 1325)
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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