CARTRADE
Cartrade Tech Limited (NSE: Cartrade) Q2 FY27: Highest-ever Income of ₹236 Crores and Ebitda Jumps by 20% to ₹76 Crores
Cartrade Tech Limited (NSE: CARTRADE) reports highest-ever income of ₹236 crores and a 20% EBITDA jump to ₹76 crores for Q2 FY27.
CarTrade Tech Limited (NSE: CARTRADE) announced its financial results for the quarter ended September 30, 2026 (Q2 FY27), reporting its highest-ever quarterly revenue of ₹213 crores, resulting in a 10% YoY growth. The company’s EBITDA jumped by 20% to ₹76 crores and achieved its highest-ever Profit Before Tax of ₹85 crores, marking a 7% YoY growth.
Record Financial Performance
The company’s profit after tax for the quarter is at ₹66 crores, resulting in a 3% YoY growth. These figures highlight CarTrade Tech’s robust financial health and operational efficiency. Notably, OLX India maintained strong momentum with a 26% YoY growth in revenue and a 36% YoY increase in EBITDA.
Half-Year Financial Highlights
For the half-year ended September 30, 2026 (H1 FY27), the company reported revenue of ₹414 crores, resulting in a 13% YoY growth. The EBITDA for H1 FY27 stood at ₹139 crores, marking a 30% YoY growth. The profit before tax for the period is at ₹160 crores, resulting in a 17% YoY growth, and the profit after tax is at ₹123 crores, showing a 10% YoY growth.
The company’s operational highlights include attracting ~76 million average monthly unique visitors during Q2 FY27, with 96% of the traffic being organic. CarTrade Tech now has a presence in 500+ physical locations, strengthening its pan-India network and enabling last-mile connectivity.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Cartrade Tech Limited
Cartrade Tech Limited belongs to the Consumer Cyclical › Auto & Truck Dealerships sector. Here’s a quick read on where the business and the stock stand today.
Cartrade rises 11.6% over three months, with buying pressure holding steady. The PEG of 0.75 signals undervaluation relative to growth. It is a potential re-rating candidate. Industry-leading margins of 28.7% reflect exceptional pricing power and operational efficiency. The stock trades at 84% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. Both the business and the stock move in the right direction. Revenue grows at 28.7%, profits at 87.2%, and the PEG sits at 0.75 — below its growth rate. That combination is rare. Check Fundamentals of Cartrade Tech Limited.
CARTRADE
Cartrade Tech Limited (cartrade) Partners with Landmark Cars and OLX India to Launch India’s Leading Phygital Pre-owned Car Platform
Cartrade Tech Limited (CARTRADE) partners with Landmark Cars and OLX India to create India’s leading phygital pre-owned car platform.
Cartrade Tech Limited (NSE: CARTRADE) announced a strategic partnership with Landmark Cars Limited and OLX India to build India’s leading phygital pre-owned car platform. This landmark collaboration aims to address the trust deficit in India’s pre-owned car market by integrating physical and digital experiences.
Strategic Alliance
Landmark Cars, a premium automotive retail network, will leverage its extensive network of over 140 retail and service touchpoints across 12 states. OLX India, part of Cartrade Tech, will lead the online customer experience, utilizing its VAYA AI for pricing intelligence and market insights. This partnership will offer customers a seamless journey from online discovery to in-person inspection and test drives.
Integrated Phygital Experience
The platform will combine digital discovery with trusted offline fulfillment, providing transparency, convenience, and confidence at every transaction stage. The partnership will begin in select cities and expand pan-India based on performance metrics. This initiative is designed to offer greater assurance and efficiency in buying and selling used vehicles.
As part of the agreement, OLX India will handle digital engagement and customer discovery, while Landmark Cars will operate as physical ‘Experience Centres’ for vehicle inspection and handover. The collaboration aims to provide a differentiated, scalable, and sustainable offering in the pre-owned car industry.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Cartrade Tech Limited
Cartrade Tech Limited belongs to the Consumer Cyclical › Auto & Truck Dealerships sector. Here’s a quick read on where the business and the stock stand today.
Cartrade rises 11.4% over three months, with buying pressure holding steady. The PEG of 0.74 signals undervaluation relative to growth. It is a potential re-rating candidate. Industry-leading margins of 28.7% reflect exceptional pricing power and operational efficiency. The stock trades at 83% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. Both the business and the stock move in the right direction. Revenue grows at 28.7%, profits at 87.2%, and the PEG sits at 0.74 — below its growth rate. That combination is rare. Check Fundamentals of Cartrade Tech Limited.
CARTRADE
Cartrade Tech Limited (cartrade) Expands OLX India’s Elite Buyer for Businesses
Cartrade Tech Limited’s OLX India launches Elite Buyer for Businesses, scaling to over 5,000 new buyers daily.
Cartrade Tech Limited (CARTRADE) has announced the launch of Elite Buyer for Businesses by its subsidiary OLX India, expanding its Elite Buyer program with a dedicated offering for dealers, resellers, and businesses sourcing inventory. The program aims to improve the experience for serious, high-intent buyers on OLX India. Elite Buyer sign-ups crossed 80,000 in May 2026, subsequently crossed 100,000 buyers in July and now reaching a new high of more than 5,000 new buyer additions every day.
Enhanced Procurement Tools
With Elite Buyer for Businesses, OLX India is taking the next step: moving from helping businesses find inventory to helping them procure better. The offering brings together tools, data, and intelligence that help professional buyers identify the right opportunities, evaluate them, and make faster, more informed procurement decisions. These capabilities include VAYA matchmaking, price intelligence, condition check, and other AI-led tools, helping businesses improve different parts of their procurement journey.
Broader Category Coverage
The offering will span categories including cars, bikes, real estate, electronics, mobiles, and jobs. Together, these capabilities are designed to make OLX India more useful for businesses that procure frequently, helping them find the right inventory, understand pricing and condition, and make better decisions before they buy.
Commenting on the development, Varun Sanghi, Chairman, OLX India, said: “A year ago, Elite Buyer was a bet. Today, it is becoming a meaningful business, and we believe this is only the beginning. OLX India has long been a platform where businesses discover, evaluate, and procure across categories. With Elite Buyer for Businesses, our ambition is to make that journey significantly smarter and more efficient.”
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Cartrade Tech Limited
Cartrade Tech Limited belongs to the Consumer Cyclical › Auto & Truck Dealerships sector. Here’s a quick read on where the business and the stock stand today.
Cartrade gains 31.7% over three months and trades near its 52-week highs. The PEG of 0.76 signals undervaluation relative to growth. It is a potential re-rating candidate. Industry-leading margins of 28.7% reflect exceptional pricing power and operational efficiency. The stock trades at 88% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. Both the business and the stock move in the right direction. Revenue grows at 28.7%, profits at 87.2%, and the PEG sits at 0.76 — below its growth rate. That combination is rare. Check Fundamentals of Cartrade Tech Limited.
Auto and Truck Dealerships
Cartrade Tech Limited (CARTRADE) eases after clearing resistance, down 5% intraday
Cartrade Tech Limited (CARTRADE) stock shows a 5% intraday decline to ₹2805.9, retracing post-breakout gains in the Consumer Cyclical sector.
Cartrade Tech Limited (CARTRADE) fell -5% to ₹2805.9 on the NSE on 29 Jul 2026, backed by the company’s announcement of an all-time high income of ₹230 crore and a 45% surge in EBITDA. This pullback comes as the stock approaches resistance after a strong upward trend, reflecting a consolidation phase following its breakout move. Cartrade, a leader in the digital vehicle and used goods marketplace, has shown resilience despite the broader cyclical nature of the auto sector, indicating that today’s move may be more company-specific rather than a sector-wide phenomenon.
Technical setup — trendlines & DMA
From a technical perspective, Cartrade Tech is currently trading above its 6-month support trendline at ₹1760.66, which is 37.25% below the current price, indicating solid underlying support. The stock is, however, below the 6-month resistance trendline at ₹3050.79, suggesting some room for further upside. The 50-DMA at ₹2386.4 is above the 200-DMA at ₹2346.2, signaling a bullish trend. The stock is 24.15% above the 50-DMA and 26.28% above the 200-DMA, indicating it is extended but still within a strong upward trajectory. Currently, the stock is in the upper third of its 52-week range, 71% up from the 52-week low and 14.7% below the 52-week high, suggesting that much of the bullish momentum is already priced in.
Snapshot: ₹2,805.90 on 2026-07-29 (chart frozen at publication)
Fundamentals & business context
With a PE ratio of 66.3, Cartrade Tech’s valuation appears stretched, especially considering its 28.6% profit margin and a revenue CAGR of 29.0% over the past five years. This suggests that the market may be pricing in aggressive future growth expectations, which could leave the stock vulnerable to any shortfalls in performance. The company’s strong institutional holding of 53.6% indicates that smart money has confidence in its long-term prospects. There is no new NSE catalyst today beyond the earnings announcement, which underscores the importance of the company’s financial performance in driving stock movement.
Algorithmic scorecard
The overall algorithmic scorecard reflects a balanced yet slightly tilted view towards technical strength over fundamental robustness. The strongest signals come from the company’s excellent revenue and profit CAGRs, which highlight its consistent growth trajectory. Additionally, the stock’s bullish sentiment, with a higher volume on up days compared to down days, points to systematic accumulation by investors. On the flip side, the negligible dividend yield and moderate public holding represent areas of caution. The former suggests limited income generation for investors seeking regular returns, while the latter indicates a somewhat concentrated ownership structure that could influence stock volatility.
Company outlook
Management has outlined an ambitious goal to achieve a profit of INR 1,000 crores within the next 4-5 years. They anticipate margin expansion across all business segments and plan to launch new AI-driven products such as Elite Buyer, Verification, and Super Dost. These initiatives aim to improve dealer lead quality and conversion ratios, as well as enhance the consumer experience through deeper integration with OEMs, dealers, and banks. The focus on technological advancements and operational efficiencies underscores the company’s commitment to sustained growth and market leadership.
Get all details on CARTRADE — P&L, peers, shareholding and more on TradeAlone.
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