CARTRADE
Cartrade Tech Limited
Each stock's 10,000-path forecast, rendered as light.
Cartrade Tech Limited (CARTRADE) Stock Analysis & Case Study
Is CARTRADE a good buy? The data-driven verdict.
Cartrade Tech Limited (CARTRADE) trades at ₹2,793,on the numbers it high-risk on the numbers, a Downstox Snapshot Score of 28/100.
On the numbers, Cartrade Tech Limited (CARTRADE) high-risk on the numbers, a Downstox Snapshot Score of 28/100, weighing expensive at 56.7× earnings, ROE of 9.7%, a 49% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
CARTRADE fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How CARTRADE ranks against the 2,373 companies in our screener
- CARTRADE's market cap of 13,498 Cr ranks in the 79th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- CARTRADE's book value of ₹519 ranks in the 91st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- CARTRADE's 3-year profit (PAT) growth of 89.0% ranks in the 93rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- CARTRADE's 3-year revenue growth of 29.0% ranks in the 84th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- CARTRADE's debt-to-equity ratio of 0.06x is lower than 84% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
We do not hold a promoter holding figure for CARTRADE, as of 9 Aug 2026, so it is not ranked here.
Is CARTRADE overvalued? CARTRADE P/E vs peers
CARTRADE trades at 56.7× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
CARTRADE share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 4.9y of CARTRADE history (13%/yr drift, 54%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| CARTRADE 2027 | ₹1,355 | ₹2,744 | ₹5,558 | -2% |
| CARTRADE 2028 | ₹980 | ₹2,696 | ₹7,415 | -3% |
| CARTRADE 2029 | ₹764 | ₹2,649 | ₹9,181 | -5% |
| CARTRADE 2030 | ₹629 | ₹2,603 | ₹10,773 | -7% |
| CARTRADE 2031 | ₹536 | ₹2,557 | ₹12,213 | -8% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability CARTRADE goes up, or doubles?
The bull case for CARTRADE
- Cartrade Tech Limited is part of the nifty200 universe with live, tracked fundamentals on Downstox.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹9,181.
The bear case & risks
- CARTRADE's P/E of 56.7x is lower than 23% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- CARTRADE's return on equity of 9.7% ranks in the 47th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- High historical volatility (54%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹764.
CARTRADE volatility & expected range, how bumpy is the ride?
Over the last 4.9 years CARTRADE compounded at 13%/year with annualized volatility of 54%. That volatility implies a 1-year 80% range of ₹1,355-₹5,558, the honest backbone behind any single price target.
CARTRADE price forecast, the full 60-month probability fan
CARTRADE price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds CARTRADE hits common targets within the simulated horizon?
Full multi-horizon detail on the CARTRADE price target & forecast page.
CARTRADE Piotroski F-Score: 5/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. CARTRADE scores 5/8, mixed financial health.
CARTRADE MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy CARTRADE with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 40.41% | 2.5× |
| Zerodha | 40.35% | 2.5× |
| Groww | 40.59% | 2.5× |
| Dhan | 40.35% | 2.5× |
| Kotak Neo | 40.32% | 2.5× |
| Paytm Money | 40.71% | 2.5× |
| PocketfulCHEAPEST | 40.23% | 2.5× |
| Fyers | 41.67% | 2.4× |
| Anand Rathi | 40.35% | 2.5× |
| Share India | 40.58% | 2.5× |
Compare every broker on the CARTRADE MTF page.
About Cartrade Tech Limited: sector, index & market-cap context
Cartrade Tech Limited (CARTRADE) is a small-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹13,498 Cr. See more stocks on our screener.
How the CARTRADE Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Cartrade Tech Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
CARTRADE analysis, FAQs
Is Cartrade Tech Limited (CARTRADE) a good buy?
On the numbers, Cartrade Tech Limited (CARTRADE) high-risk on the numbers, a Downstox Snapshot Score of 28/100, weighing expensive at 56.7× earnings, ROE of 9.7%, a 49% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is CARTRADE overvalued or undervalued?
CARTRADE trades at 56.7× earnings, expensive versus the ~22× long-run Nifty average.
What is the CARTRADE share price target for 2031?
CARTRADE's probability-weighted 2031 median target is ₹2,557, with an 80% range of ₹536-₹12,213 (10,000-path Monte-Carlo).
What is the probability CARTRADE doubles in 5 years?
The modelled probability of CARTRADE reaching ₹5,586 (2×) within 5 years is 26%.
What is the bull case for CARTRADE?
Cartrade Tech Limited is part of the nifty200 universe with live, tracked fundamentals on Downstox.
What are the risks in CARTRADE?
CARTRADE's P/E of 56.7x is lower than 23% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. CARTRADE's return on equity of 9.7% ranks in the 47th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. High historical volatility (54%/yr) means a wide, bumpy range of outcomes, size positions accordingly.