CE Info Systems vs CarTrade Tech: Which Stock Should You Track
- August 10, 2026
- Posted by: Lakshit Sharma
- Category: News
MapmyIndia (CE Info Systems) MCap Rs 5,732 Cr, PE 41.55x, ROE 14.83%, D/E 0.01. CarTrade Tech MCap Rs 13,722 Cr, PE 54.20x, ROE 8.98%, D/E 0.06.
MapmyIndia vs CarTrade Tech is a comparison automotive technology investors look up when evaluating two listed Indian companies with digital products in the automotive ecosystem. CE Info Systems, which operates as MapmyIndia, is India’s leading digital mapping company providing maps, navigation and geospatial solutions to automotive OEMs, government and enterprises. CarTrade Tech operates India’s leading online vehicle marketplace platforms including CarWale, BikeWale, CarTrade and Shriram Automall.
This CE Info Systems vs CarTrade Tech article covers reach and market position, key products, latest declared results and stock valuation. The CE Info Systems vs CarTrade Tech data below is sourced from Groww and public company filings and reflects the most recently available information at the time of writing.
CE Info Systems vs CarTrade Tech: Reach and Market Position
On the CE Info Systems side of the CE Info Systems vs CarTrade Tech comparison, MapmyIndia provides navigation maps to over 25 automotive OEMs, enterprise clients and government. Its maps cover over 7 million km of roads. Market capitalisation is Rs 5,732 Cr.
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On the CarTrade Tech side of the CE Info Systems vs CarTrade Tech comparison, CarTrade Tech operates vehicle listing and used car auction platforms across CarWale, BikeWale, CarTrade and Shriram Automall, connecting buyers, dealers and OEMs. Market capitalisation is Rs 13,722 Cr.
CE Info Systems vs CarTrade Tech: Key Products and Business Mix
In the CE Info Systems vs CarTrade Tech product comparison, CE Info Systems offers: MapmyIndia earns from map licencing to auto OEMs, enterprise SaaS, government geospatial contracts and its consumer mapping app. EPS is Rs 25.19. P/E is 41.55x, ROE 14.83 percent, near-zero debt.
For CarTrade Tech in this CE Info Systems vs CarTrade Tech breakdown: CarTrade Tech earns from listing fees, lead generation and auction commissions on its vehicle marketplace platforms. EPS is Rs 52.39. P/E is 54.20x, ROE 8.98 percent, near-zero debt.
CE Info Systems vs CarTrade Tech: Latest Results
The CE Info Systems vs CarTrade Tech results for CE Info Systems: MapmyIndia has a market cap of Rs 5,732 Cr and P/E of 41.55x. ROE is 14.83 percent with near-zero debt. MapmyIndia’s mapping data moat is protected by years of on-ground data collection and deep OEM integrations.
The CE Info Systems vs CarTrade Tech results for CarTrade Tech: CarTrade Tech has a market cap of Rs 13,722 Cr and P/E of 54.20x. ROE is 8.98 percent with near-zero debt. CarTrade is the larger company by market cap despite having lower ROE.
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CE Info Systems vs CarTrade Tech: Stock and Valuation
The CE Info Systems vs CarTrade Tech stock comparison uses the latest available market data from Groww. Investors tracking CE Info Systems vs CarTrade Tech should verify current prices on NSE or BSE before trading.
MapmyIndia vs CarTrade Tech at current valuations: MapmyIndia trades at Rs 5,732 Cr market cap, P/E 41.55x, ROE 14.83 percent. CarTrade trades at Rs 13,722 Cr market cap, P/E 54.20x, ROE 8.98 percent. CarTrade is 2.4 times larger but has a lower ROE. MapmyIndia has a higher ROE from its recurring map licence revenue model.
CE Info Systems vs CarTrade Tech: Quick Comparison Table
The CE Info Systems vs CarTrade Tech comparison table below summarises the key metrics covered in this article side by side.
| Parameter | CE Info Systems | CarTrade Tech |
|---|---|---|
| Sector | Geospatial maps + navigation (automotive + enterprise) | Vehicle marketplace (new + used cars + bikes) |
| Market Cap | Rs 5,732 Cr | Rs 13,722 Cr |
| P/E Ratio | 41.55x | 54.20x |
| ROE | 14.83% | 8.98% |
| Debt to Equity | 0.01 | 0.06 |
| Revenue Model | Map licence + SaaS + government contracts | Listing fees + lead gen + auction commissions |
| Dividend | 0.33% yield | None |
Conclusion
The CE Info Systems vs CarTrade Tech comparison above covers the key data points on reach, products, results and valuation. MapmyIndia vs CarTrade Tech covers two distinct Indian automotive tech businesses. MapmyIndia is a geospatial data and navigation company with a recurring licence-based model and strong OEM integration moat. CarTrade Tech is a marketplace aggregating vehicle buying and selling across new and used segments. Both are digitally native and asset-light but have different revenue predictability profiles. Investors should review revenue growth, OEM contract renewals, marketplace GMV, and competitive dynamics before taking a view. Consult a SEBI-registered advisor.
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Frequently Asked Questions
What does MapmyIndia do?
Ans. MapmyIndia (CE Info Systems) provides digital maps, navigation and geospatial solutions. Its maps are used in vehicle navigation systems of 25+ OEMs, government platforms like ISRO and DoT, enterprise fleet management, and the MapmyIndia consumer app.
What platforms does CarTrade Tech operate?
Ans. CarTrade Tech operates CarWale, BikeWale, CarTrade and Shriram Automall. These platforms list new and used vehicles, provide dealer connections, and conduct used vehicle auctions.
Is MapmyIndia India’s Google Maps?
Ans. MapmyIndia is India’s indigenous mapping company and a competitor to Google Maps in OEM, enterprise and government contracts. It benefits from the government’s push for domestic digital infrastructure.
Does MapmyIndia compete with Ola Maps?
Ans. Ola Maps launched as a competitor in the consumer mapping segment. MapmyIndia is differentiated by its proprietary data depth, automotive OEM contracts, and government-grade map accuracy.
Which is larger, MapmyIndia or CarTrade?
Ans. CarTrade Tech is larger by market cap at Rs 13,722 Cr versus MapmyIndia at Rs 5,732 Cr.
Does MapmyIndia pay dividends?
Ans. Yes. MapmyIndia pays a small dividend yield of approximately 0.33 percent.
Are MapmyIndia and CarTrade in Nifty 50?
Ans. No. Both are small-cap companies outside Nifty 50.