Shares of CarTrade Tech jumped over 15 per cent on Thursday to ₹2,081 on the NSE, touching an intraday high of ₹2,115, after the auto-classifieds platform reported its best-ever annual financial results for the year ended March 31, 2026.
The Mumbai-based company posted a Profit After Tax (PAT) of ₹243.51 crore for FY26, up 68 per cent from ₹145.27 crore in the previous year. Revenue from operations rose 22 per cent year-on-year to ₹869.77 crore, while EBITDA more than doubled — growing 70 per cent to ₹257 crore — with margins expanding to 33 per cent from 24 per cent a year ago.
For the fourth quarter alone, the company reported revenue of ₹220.75 crore, up 17 per cent year-on-year, EBITDA of ₹71.65 crore — a 55 per cent jump — and PAT of ₹70.85 crore, up 54 per cent.
All three business segments reported double-digit growth in Q4. The Consumer Group, which includes CarWale, BikeWale and CarTrade platforms, grew revenue 25 per cent and EBITDA 72 per cent year-on-year, with margins reaching 39 per cent. The Remarketing segment, anchored by Shriram Automall, grew revenue 22 per cent and EBITDA 56 per cent. OLX India, the used-goods classifieds business, reported 16 per cent revenue growth and 34 per cent EBITDA growth.
Operationally, the company said it attracted approximately 76 million average monthly unique visitors in Q4, with 95 per cent arriving through organic traffic. Its flagship platforms — CarWale, BikeWale and OLX India — each recorded over 150 million annual unique users. The remarketing arm processed an annualised run-rate of 1.7 million auction listings.
The company now holds ₹1,244 crore in cash reserves and carries zero debt. Over three years from FY23 to FY26, the company reported revenue CAGR of 29 per cent, EBITDA CAGR of 98 per cent and PAT CAGR of 82 per cent.
Chairman and Founder Vinay Sanghi said the company’s focus going forward would be on building AI-led products and technology platforms.
At ₹2,081, CarTrade Tech trades at a trailing P/E of approximately 39.6x, with total market capitalisation at roughly ₹9,974 crore.
Published on May 7, 2026