ALPHA TRIBE

Cartrade Tech LimitedPPTs, 29-01-2025: Investor Presentation

29-01-2025 | 11:46 am

**Financial Highlights:** CarTrade Tech Ltd reported record revenues of ₹193 crores and a profit after tax (PAT) of ₹46 crores in Q3 FY25, marking a 48% increase in profits compared to Q2. For the nine months ended December 31, 2024, revenue surged by 32%, EBITDA doubled to ₹100 crores, and PAT reached ₹99 crores. EBITDA margin stood at 35%, indicating robust operational efficiency.

**Strategic Initiatives and Growth Drivers:** The company leveraged its consumer segment, achieving a 38% year-on-year revenue growth, significantly driving PAT up by 172%. The remarketing business also performed well, with a 28% increase in revenue and a remarkable 178% growth in PAT.

**Business Developments:** CarTrade's recent acquisition of OLX India is a key growth catalyst, showing consistent quarter-on-quarter growth and an 80% profit increase from Q2 to Q3.

**Market Position and Competitive Advantage:** With approximately 49 million monthly unique visitors and an impressive organic traffic rate of 92%, CarTrade maintains a strong presence in the automotive platform sector, positioned as the #1 auto portal in India.

**Investor Implications:** With a robust financial foundation, rapid growth in critical segments, and a strong market position, CarTrade shows a positive outlook, presenting substantial growth opportunities for investors. The company’s debt-free status and strong cash balance of around ₹885 crores further solidify its strategic advantage.

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