Cartrade Tech Limited
NSE: CARTRADE | Information Technology
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Cartrade Tech Limited
Cartrade Tech Limited has informed the Exchange regarding a press release dated July 29, 2026, titled "CarTrade Tech Records All-Time High Income of ₹230 Crore; EBITDA Surges 45% OLX India Income zooms 29%; EBITDA Jumps 76% ". |SUBJECT: Press Release
Read Full Analysis βEarnings call transcript: CarTrade Tech posts record Q1 2026 income, shares fall
Earnings call transcript: CarTrade Tech posts record Q1 2026 income, shares fall
Read Full Analysis βCartrade Tech Q1 Result: Net Profit Jumps 19%, Revenue Rises 16% To Rs 201 Crore; Stock Falls 5%
Cartrade Tech now operates through more than 500 physical locations.
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CarTrade Tech shares slip 7% despite 19% YoY rise in Q1 profit; EBITDA surges 45%
CarTrade Tech shares fell over 7% despite the company reporting a strong Q1 FY27 performance, with consolidated net profit rising 19% YoY to Rs 51 crore. Revenue from operations grew 16% to Rs 201 crore, while total income hit a record Rs 230 crore. EBITDA surged 45% YoY to Rs 63 crore, with margins improving to 31%.
Read Full Analysis βUBS initiates coverage on CarTrade Tech with Buy rating, sees 42% upside. 4 reasons why
UBS has initiated coverage on CarTrade Tech with a Buy rating and a target price of Rs 4,000, implying a 42% upside from current levels. The brokerage expects the companyβs asset-light business model, margin expansion, OLX growth potential and strong digital marketplace network effects to drive earnings growth over the coming years.
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