CarTrade Tech Ltd. delivered exceptional full-year FY26 results, achieving its highest-ever annual performance with consolidated total income of ₹869.77 crores, representing a 22% increase from ₹711.34 crores in FY25. The company's profit after tax surged 68% to ₹243.51 crores compared to ₹145.27 crores in the previous year, while EBITDA grew 70% year-on-year to ₹257.00 crores with margins expanding to 33%. On a standalone basis, total income reached ₹34,847.37 lakhs against ₹27,855.97 lakhs in FY25, with standalone PAT at ₹11,546.55 lakhs compared to ₹7,445.74 lakhs in the prior year.
For the fourth quarter, CarTrade Tech reported consolidated PAT of ₹70.85 crores, a 54% year-on-year increase from ₹46.11 crores in Q4 FY25. Revenue from operations rose to ₹203.14 crores from ₹169.51 crores, while total income reached ₹220.75 crores compared to ₹189.46 crores, representing a 17% year-on-year growth. The company's EBITDA for the quarter stood at ₹71.65 crores, up 55% YoY, with an EBITDA margin of 35%. Basic EPS increased to ₹13.50 from ₹8.82 in the corresponding quarter last year, while diluted EPS reached ₹12.87 compared to ₹8.18.
The company engaged approximately 76 million average monthly unique visitors during Q4FY26, compared to 85 million in Q3FY26, reflecting a 10% sequential decline. Notably, 95% of this traffic remained organic, indicating strong brand recognition and user loyalty. CarTrade has expanded its physical footprint to over 540 locations and achieved its highest-ever annual revenues, profits and margins driven by robust growth across Consumer Group, Remarketing and OLX India businesses. The company's consolidated total assets stood at ₹3,00,919.59 lakhs as of March 31, 2026, compared to ₹2,70,523.88 lakhs in the previous year, with total equity increasing to ₹2,61,843.33 lakhs.
All three business segments demonstrated robust growth during Q4FY26. The Consumer segment recorded revenue of ₹7,938.95 lakhs in Q4FY26 versus ₹6,364.19 lakhs in Q4FY25, with segment results of ₹3,313.84 lakhs. The Remarketing segment posted revenue of ₹7,166.39 lakhs against ₹5,869.10 lakhs in the prior year period, with segment results of ₹2,210.93 lakhs. The Classifieds segment (OLX India) generated revenue of ₹5,512.35 lakhs versus ₹4,771.01 lakhs, with segment results of ₹2,029.31 lakhs. For the full year FY26, Consumer segment revenue reached ₹30,833.33 lakhs, Remarketing ₹25,931.49 lakhs, and Classifieds ₹21,755.68 lakhs.
According to CNBC TV18, shares of CarTrade Tech climbed over 16% on Thursday, May 7, following the earnings announcement. The stock was trading 12.6% higher at ₹2,035 after the earnings release. Despite the positive quarterly results, the stock remains down 28% so far this year. The company maintains a strong financial position with ₹1,244 crores in cash reserves and zero debt, providing flexibility for potential acquisitions or strategic investments. Net cash generated from operating activities for FY26 was ₹25,698.91 lakhs, up from ₹17,102.30 lakhs in FY25, while cash and cash equivalents at the end of the year stood at ₹3,140.12 lakhs.
