Cartrade Tech Limited — Investor Meet, 13-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

CarTrade Tech reported record annual revenue of Rs. 711 Cr, up 28%, and PAT of Rs. 145 Cr, a 627% jump, driven by strong performance across CarWale, BikeWale, and OLX with 150M+ users annually. Q4 revenue reached Rs. 189.5 Cr with Rs. 46 Cr PAT, its best quarter. Consumer business grew 30% YoY with EBITDA up 123%, fueled by operating leverage. Remarketing grew 12%, and OLX profits rose 72% despite slower revenue growth. Management is focused on AI investments, product innovation, and enhancing OLX’s tech and safety to boost monetization. Confident on sustaining platform traction and margin expansion amid moderate industry growth.