CarTrade Tech Shares Reach Two-Month High Following Strong Q4 Earnings
CarTrade Tech Surges 17% to Hit Two-Month High
CarTrade Tech, one of India's largest online classifieds and auto auction platforms, has been making remarkable strides on Dalal Street since the start of May. The company's stock surged another 17% on Thursday, May 7, reaching a two-month high.
The rally came after CarTrade Tech delivered a robust performance in both Q4 and FY26. For the March-ended quarter, the company reported a net profit of ₹70.85 crore, marking a 54% year-on-year jump. This was driven by strong growth across its consumer group, remarketing, and OLX India businesses. Revenue from operations during the reporting quarter stood at ₹220.75 crore, up 17% YoY, while EBITDA improved sharply by 55% to ₹71.65 crore.
| Financial Metric | Q4 FY26 | Q4 FY25 | YoY Growth |
|---|---|---|---|
| Net Profit | ₹70.85 crore | ₹46.04 crore | 54% |
| Revenue from Operations | ₹220.75 crore | ₹188.58 crore | 17% |
| EBITDA | ₹71.65 crore | ₹46.19 crore | 55% |
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For FY26, CarTrade Tech delivered its highest-ever annual revenue, profit, and margins. Revenue for the fiscal year stood at ₹870 crore, reflecting a strong 22% YoY growth, while EBITDA rose 70% YoY to ₹257 crore, with EBITDA margins at 33%. Net profit increased 68% YoY to ₹244 crore.
The company, in its earnings filing, said it engaged 76 million average monthly unique visitors during Q4FY26, with organic traffic accounting for 95%. It now operates across more than 540 physical locations, including Shriram Automall, CarWale abSure, and Signature dealerships, along with OLX India franchise outlets.
CarTrade Tech's Chairman and Founder, Vinay Sanghi, said, "Our businesses continue to benefit from strong consumer engagement, category leadership, deep dealer relationships, and a predominantly organic traffic model." As the company looks ahead, it remains focused on building AI-led products and future-ready technology platforms that enhance customer experience, improve efficiencies, and further strengthen its market leadership across the mobility and classifieds ecosystem.
The company's shares have rebounded sharply in May, gaining 18% after remaining under pressure for a prolonged period. Despite the steep correction, the stock's long-term gains remain impressive, as it still trades 137% higher over the last two years and 340% higher over the past three years.
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Investor Takeaway
Investors should consider CarTrade Tech's strong Q4 earnings and potential for continued growth in the auto auction and online classifieds space.
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