Cartrade Tech Limited — Investor Meet, 03-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates
03-02-2026 | 07:03 pm
03-02-2026 | 07:03 pm
CarTrade Tech reported highest-ever Q3 FY26 revenues of INR228 Cr, with EBITDA at INR78 Cr (+56% YoY, 37% margin). PAT was INR62 Cr (+35% YoY). Adjusted EBITDA, a cash proxy, crossed INR100 Cr. Cash reserves stand at INR1,145 Cr. All three businesses—Consumer, Remarketing, and OLX—achieved record revenues and margins, with OLX hitting INR61.7 Cr revenue and 37% EBITDA margin. Management is very optimistic, expecting continued growth, further margin expansion due to stable costs and strong operating leverage. They see no disintermediation threat from AI, leveraging proprietary data for enhanced user experience. The sentiment is confident on sustained performance and future opportunities.
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