Shares of CarTrade Tech jumped over 15% on Thursday to ₹2,081 on the NSE, touching an intraday high of ₹2,115, after the auto-classifieds platform reported its best-ever annual financial results for the year ended March 31, 2026. According to reports from The Hindu BusinessLine, the Mumbai-based company's stock surge reflects investor confidence in the company's strong financial performance and growth trajectory.
The company posted a Profit After Tax (PAT) of ₹243.51 crore for FY26, up 68% from ₹145.27 crore in the previous year. Revenue from operations rose 22% year-on-year to ₹869.77 crore, while EBITDA more than doubled — growing 70% to ₹257 crore with margins expanding to 33% from 24% a year ago. For the fourth quarter alone, the company reported revenue of ₹220.75 crore, up 17% year-on-year, EBITDA of ₹71.65 crore — a 55% jump, and PAT of ₹70.85 crore, up 54%. As reported by The Hindu BusinessLine, all three business segments reported double-digit growth in Q4.
The Consumer Group, which includes CarWale, BikeWale and CarTrade platforms, grew revenue 25% and EBITDA 72% year-on-year, with margins reaching 39%. The Remarketing segment, anchored by Shriram Automall, grew revenue 22% and EBITDA 56%. OLX India, the used-goods classifieds business, reported 16% revenue growth and 34% EBITDA growth. According to The Hindu BusinessLine, all three business segments demonstrated strong operational performance across the quarter.
The company attracted approximately 76 million average monthly unique visitors in Q4, with 95% arriving through organic traffic. Its flagship platforms — CarWale, BikeWale and OLX India — each recorded over 150 million annual unique users. The remarketing arm processed an annualised run-rate of 1.7 million auction listings. As reported by The Hindu BusinessLine, the company now holds ₹1,244 crore in cash reserves and carries zero debt. Over three years from FY23 to FY26, the company reported revenue CAGR of 29%, EBITDA CAGR of 98% and PAT CAGR of 82%.
Chairman and Founder Vinay Sanghi stated that the company's focus going forward would be on building AI-led products and technology platforms. At ₹2,081, CarTrade Tech trades at a trailing P/E of approximately 39.6x, with total market capitalisation at roughly ₹9,974 crore. According to The Hindu BusinessLine, the strong financial performance and growth trajectory have positioned the company well for continued expansion in the auto-classifieds and remarketing segments.
