CarTrade Tech Earnings Call Transcript: Key Takeaways
CarTrade achieved record revenues but faces base-effect slowdowns in its consumer business.
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CarTrade achieved record revenues but faces base-effect slowdowns in its consumer business.
CarTrade Tech Limited allotted 1,000 equity shares following the exercise of options under its ESOP 2021(I) scheme. The allotment increased the company's paid-up share capital to Rs. 48.61 Crore.
Q2 FY27 revenue ₹213 Cr (+10% YoY), total income ₹236 Cr, PAT ₹66 Cr (+3%), EBITDA margin 36%. Zero debt, ₹1,401 Cr cash.
CarTrade Tech reported its highest-ever quarterly revenue of ₹213 crore for Q2 FY27. Consolidated EBITDA grew 20% year-on-year to ₹76 crore with increased margins.
CarTrade Tech Ltd reported revenue from operations of ₹213.1 Cr (+10.2% YoY) and net profit of ₹66 Cr (+3.0% YoY) for Q2 FY27.
Cartrade Tech Limited has scheduled a board meeting for October 28, 2026, to consider and approve the unaudited financial results for the quarter ended September 2026.
CarTrade Tech Limited held its 26th Annual General Meeting on September 25, 2026, to transact business items as per the meeting notice.
CarTrade Tech reports strong compounding with 22% Revenue CAGR and 66% EBITDA CAGR (FY23-FY27*). Strategy focuses on the new 'VAYA Live' intelligence platform and OLX India integration.
CarTrade Tech's platform, OLX India, has formed a strategic partnership with Landmark Cars to launch an integrated phygital pre-owned car platform, enhancing vehicle buying and selling services.
CarTrade Tech allotted 1,02,850 equity shares to employees under ESOP 2021(I). Paid-up share capital increased to 4,86,14,885 shares after the allotment.
CarTrade Tech's subsidiary OLX India launched "Elite Buyer for Businesses," integrating AI tools for smarter procurement, including Price Intelligence and Condition Check.