CarTrade Tech Shares Surge 8% on 54% Q4 Profit Increase and Improved Margins

CarTrade Tech Reports Record Annual Earnings and Strong Fiscal Fourth Quarter Growth

Shares of CarTrade Tech Ltd surged nearly 8 percent on Thursday after the company reported record annual earnings and strong fiscal fourth quarter growth, supported by sharp expansion in profitability across its businesses. The company's stock was trading at Rs 1,942 in late morning trade, up 7.5 percent for the day after remaining strong since morning and extending gains following the quarterly results announcement.

The stock has risen around 16 percent over the past one year, outperforming the benchmark Nifty 50, which is down around 0.5 percent during the same period. The company's market capitalisation stood at around Rs 9,300 crore.

CarTrade Tech said FY26 was a "landmark year". The company delivered its highest-ever annual revenue, profit and margins, driven by strong execution across its Consumer Group, remarketing and OLX India businesses.

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Quarterly and Annual Performance Comparison

Full-Year Performance

On a full-year basis, revenue grew 22 percent to Rs 869.77 crore in FY26, while EBITDA surged 70 percent to Rs 257 crore with margins at 33 percent. Annual profit after tax rose 68 percent year-on-year to Rs 243.51 crore.

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The company highlighted strong growth across segments during the quarter. The Consumer Group business reported 25 percent revenue growth and 72 percent EBITDA growth, while the Remarketing business posted 22 percent revenue growth and 56 percent EBITDA growth. OLX India revenue grew 16 percent year-on-year, with EBITDA rising 34 percent.

CarTrade Tech said its platforms engaged around 76 million average monthly unique visitors during the quarter, with organic traffic accounting for 95 percent of total traffic. The company also said it now operates across more than 540 physical locations through formats including Shriram Automall, CarWale abSure, Signature dealerships and OLX India franchise outlets.

Commenting on the performance, Chairman and Founder Vinay Sanghi said the company would continue focusing on AI-led products and future-ready technology platforms to strengthen customer experience and operational efficiencies.