{"id":177990,"date":"2026-01-28T01:57:21","date_gmt":"2026-01-28T06:57:21","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=177990"},"modified":"2026-01-28T01:57:21","modified_gmt":"2026-01-28T06:57:21","slug":"cartrade-tech-reports-record-breaking-q3-fy26-revenue-and-profits-reach-new-heights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/cartrade-tech-reports-record-breaking-q3-fy26-revenue-and-profits-reach-new-heights\/","title":{"rendered":"CarTrade Tech Reports Record-Breaking Q3 FY26 Revenue and Profits Reach New Heights"},"content":{"rendered":"\n

CarTrade Tech Limited (NSE: CARTRADE\/BSE: 543333) has delivered its best-ever quarterly performance for the period ending December 31, 2025. The company\u2019s Q3 FY26 results highlight a period of “exponential growth,” with all three of its primary business verticals achieving their highest-ever revenue and profits.<\/p>\n\n\n\n

Unprecedented Financial Growth<\/strong><\/h2>\n\n\n\n

The company reported a record revenue of \u20b9228 crores for the quarter, representing an 18% year-on-year (Y-o-Y) increase. This growth was accompanied by a significant surge in profitability:<\/p>\n\n\n\n

\u2022 EBITDA: Rose by 56% Y-o-Y to reach \u20b978 crores, with margins expanding to 37%.<\/p>\n\n\n\n

\u2022 Profit After Tax (PAT): Reached \u20b962 crores, a 35% increase over the previous year.<\/p>\n\n\n\n

\u2022 Adjusted Performance: Excluding the impact of the New Labour Code, PAT stood at \u20b968 crores, marking a 49% Y-o-Y growth.<\/p>\n\n\n\n

Performance by Business Vertical<\/strong><\/h2>\n\n\n\n

CarTrade Tech’s diversified platform approach continues to drive profitability across its segments:<\/p>\n\n\n\n

\u2022 Consumer Group (CarWale, BikeWale): This segment saw a 27% Y-o-Y revenue increase. It achieved a benchmark EBITDA margin of 43% in Q3 FY26, driven by its massive user base of over 150 million users.<\/p>\n\n\n\n

\u2022 Remarketing Business: Delivering steady momentum, this vertical saw a 12% revenue growth and an impressive 68% growth in PAT. Its EBITDA margin increased from 23% in the same quarter last year to 30%.<\/p>\n\n\n\n

\u2022 OLX India (Classifieds): Following its integration, OLX continued its strong trajectory with an 18% revenue increase and a 70% growth in EBITDA. The segment maintained a healthy 37% EBITDA margin.<\/p>\n\n\n\n

Key Segment Developments<\/strong><\/h2>\n\n\n\n

Each of the company’s business units demonstrated independent strength and scalability:<\/p>\n\n\n\n

\u2022 Consumer Group (CarWale, BikeWale): This segment achieved a benchmark EBITDA margin of 43%. Revenue for the group increased by 27% Y-o-Y, supported by a massive user base across its platforms.<\/p>\n\n\n\n

\u2022 OLX India (Classifieds): OLX continued its strong trajectory since acquisition, posting an 18% revenue increase and a massive 70% growth in EBITDA. It maintained a healthy 37% EBITDA margin for the quarter.<\/p>\n\n\n\n

\u2022 Remarketing Business: This vertical saw 12% revenue growth and an impressive 68% surge in PAT. Its EBITDA margin improved significantly, rising from 23% in Q3 FY25 to 30% in Q3 FY26.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Core Growth Strategies<\/strong><\/h2>\n\n\n\n

\u2022 Innovation-Led Expansion: The company explicitly identifies innovation as the primary driver for both growth and profits. This strategy has resulted in a three-year Revenue CAGR of 32% and a PAT CAGR of 83% between FY23 and FY26.<\/p>\n\n\n\n

\u2022 “One Platform” Diversification: CarTrade Tech utilizes a single ecosystem to manage diversified, profitable segments including Consumer Group (CarWale, BikeWale), Remarketing (Shriram Automall), and Classifieds (OLX India). This multi-channel approach allows for structural margin expansion across the board.<\/p>\n\n\n\n

\u2022 Organic Reach Advantage: A cornerstone of the company\u2019s strategy is its massive organic customer base. Approximately 95% of its unique visitors are organic, which significantly reduces reliance on paid marketing and enhances profitability. The group currently attracts roughly 85 million monthly average unique visitors (MAU) across its platforms.<\/p>\n\n\n\n

\u2022 Capital Strength and Scale: CarTrade Tech maintains a debt-free profile with massive cash reserves of approximately \u20b91,145 crores. This “capital strength” provides the flexibility to pursue long-term shareholder value, evidenced by a 92% CAGR in Earnings Per Share (EPS) over the last three years.<\/p>\n\n\n\n

Operational Scale and Market Leadership<\/strong><\/h2>\n\n\n\n

CarTrade Tech solidifies its position as India’s #1 auto portal, used classified business, and vehicle auction platform. Key operational highlights include:<\/p>\n\n\n\n

\u2022 Massive Reach: Approximately 85 million monthly average unique visitors (MAU) across all platforms, with 95% of visitors being organic.<\/p>\n\n\n\n

\u2022 Physical Presence: The group operates through 500+ physical locations, including Automall, abSure, and OLX India outlets.<\/p>\n\n\n\n

\u2022 Auction Volume: The remarketing business is on track for 1.9 million annual auction listings based on Q3 performance.<\/p>\n\n\n\n

Robust Capital Strength<\/strong><\/h2>\n\n\n\n

The company maintains an exceptionally strong balance sheet, characterized by a debt-free profile. As of December 31, 2025, CarTrade Tech holds cash reserves of approximately \u20b91,145 crores. This financial stability has contributed to a 3-year growth story (FY23\u2013FY26) featuring a Revenue CAGR of 32% and a PAT CAGR of 83%.<\/p>\n\n\n\n

Founded in 2010 and listed in 2021, CarTrade Tech continues to leverage innovation to drive structural margin expansion and shareholder value, with an Earnings Per Share (EPS) CAGR of 92% over the last three years.<\/p>\n\n\n\n

Outlook and Shareholder Value<\/strong><\/h2>\n\n\n\n

CarTrade Tech\u2019s strategy of combining technological innovation with a dominant market position has led to a 94% Share Price CAGR over the past three years. As the company continues to leverage its #1 position as India’s leading auto portal and vehicle auction platform, its focus remains on profitable, diversified growth powered by its extensive organic reach.<\/p>\n","protected":false},"excerpt":{"rendered":"

CarTrade Tech Limited (NSE: CARTRADE\/BSE: 543333) has delivered its best-ever quarterly performance for the period ending December 31, 2025. The company\u2019s Q3 FY26 results highlight a period of “exponential growth,” with all three of its primary business verticals achieving their highest-ever revenue and profits. Unprecedented Financial Growth The company reported a record revenue of \u20b9228 […]<\/p>\n","protected":false},"author":2385,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1941,6351],"tags":[14865,14896,14863,14866,14897,14862,9175],"class_list":["post-177990","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-analysis","category-consumer-stocks","tag-cartrade-earnings","tag-cartrade-press-release","tag-cartrade-price","tag-cartrade-stocks","tag-cartrade-tech-investor-relations","tag-cartrade-tech-limited","tag-earnings-call"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":177987,"url":"https:\/\/alphastreet.com\/india\/cartrade-tech-limited-reports-record-q3-revenue-and-56-ebitda-growth\/","url_meta":{"origin":177990,"position":0},"title":"CarTrade Tech Limited Reports Record Q3 Revenue and 56% EBITDA Growth","author":"Staff Correspondent","date":"January 28, 2026","format":false,"excerpt":"CarTrade Tech Limited (NSE: CARTRADE\/BSE: 543333) announced its financial results for the third quarter ended December 31, 2025, on January 28, 2026. 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