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Cartrade Tech Delivers 50%+ Yoy Ebitda Growth in Last 12 Quarters

CarTrade Tech showcases 50%+ YoY EBITDA growth in last 12 quarters, expanding margins to 35%.

shalini shishodia tradealone

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Cartrade Tech Delivers 50%+ Yoy Ebitda Growth in Last 12 Quarters - TradeAlone

CarTrade Tech Limited (NSE: CARTRADE | BSE: 543333) has reached a significant milestone in its profitability journey. The company has delivered more than 50% year-over-year (YoY) EBITDA growth in each of the last 12 consecutive quarters. This impressive performance reflects the company’s strong brand, network effects, unique technology, and business model. Moreover, EBITDA margins have expanded from approximately 3% to 35% over the same period.

Strong Financial Performance

This achievement highlights CarTrade Tech’s robust financial health and operational discipline. The company has consistently demonstrated profitable growth with strong operating leverage. Notably, over the last three years, CarTrade Tech has delivered a Revenue CAGR of 29%, an EBITDA CAGR of 98%, and a PAT CAGR of 82%.

Investment in Technology and AI

As a result, the company continues to invest in AI, product, and technology capabilities across the group. Aneesha Bhandary, Executive Director and CFO, commented on the milestone: “We are proud to share this significant milestone in CarTrade Tech’s journey. Delivering 12 consecutive quarters of over 50% EBITDA growth while expanding EBITDA margins to 35% reflects the strength, scalability, and operating leverage of our platform-led business model.”

CarTrade Tech’s consistent growth and strategic investments position it well for continued success in the future.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Cartrade Tech Limited

Cartrade Tech Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

CARTRADE
Consumer Cyclical › Auto & Truck Dealerships
CONSOLIDATING DOWN
86
Fundamental
76
Technical
81
Overall

1W +0.46%
1M -4.44%
3M +11.44%
P/E: 64.5 Cap: Mid
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

Cartrade falls 10.6% over three months and has not found a floor yet. The PEG of 0.49 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Industry-leading margins of 28.6% reflect exceptional pricing power and operational efficiency. Buyers show up with 2.0x the volume of sellers. Moreover, they dominated on 16 of recent sessions versus 14 for sellers — a healthy accumulation pattern. Both the business and the stock move in the right direction. Revenue grows at 29.0%, profits at 87.2%, and the PEG sits at 0.49 — 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.

adit chauhan author tradealone

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Cartrade Tech Limited Cartrade Partnership with Landmark Cars and OLX India

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 › sector. Here’s a quick read on where the business and the stock stand today.

CARTRADE
Consumer Cyclical › Auto & Truck Dealerships
CONSOLIDATING DOWN
86
Fundamental
76
Technical
81
Overall

1W +0.46%
1M -4.44%
3M +11.44%
P/E: 64.5 Cap: Mid
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

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.

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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.

Deputy Editor, Equities for tradealone

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Cartrade Tech Limited Cartrade Elite Buyer Launch

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 › sector. Here’s a quick read on where the business and the stock stand today.

CARTRADE
Consumer Cyclical › Auto & Truck Dealerships
CONSOLIDATING DOWN
86
Fundamental
76
Technical
81
Overall

1W +0.46%
1M -4.44%
3M +11.44%
P/E: 64.5 Cap: Mid
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

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.

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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.

Pranab Tyagi at TradeAlone

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Cartrade Tech Limited CARTRADE pulls back from breakout highs

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.

6M Trendline — Intraday Snapshot
CONSOLIDATING UP₹2,000₹2,50030 Mar12 May19 Jun29 Jul

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.

CARTRADE
Holdings Analysis
Key strengths & risk signals
81
Overall
86
Fundamental
77
Technical
Risks (1)
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
Strengths (4)
UNDERVALUED! PEG of 0.74 indicates stock is cheap relative to growth.
BULLISH TREND! 50-day average (2905.9) is above 200-day average (2349.0) - positive signal.
STRONG! Trading at 83.0% of 52W range - near yearly highs.
BULLISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 347,588 vs down days: 262,617. Ratio: 1.32x

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.

Fundamental & Technical AnalysisNSE: CARTRADE
81Overall
86Fundamental
77Technical
Growth Quality30 / 30
Revenue CAGR: 28.7% (EXCELLENT, 15/15). Profit CAGR: 87.2% (EXCELLENT, 15/15).
Profit Margin9 / 10
EXCELLENT EFFICIENCY! 28.7% profit margin - company keeps strong profits.
PEG Valuation10 / 10
UNDERVALUED! PEG of 0.74 indicates stock is cheap relative to growth.
Dividend Yield3 / 10
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
Debt / Equity10 / 10
VERY LOW DEBT! D/E of 0.06 - excellent financial health.
Public Holding14 / 20
MODERATE PUBLIC HOLDING! 25.69% public ownership - balanced ownership structure.
Stability10 / 10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Moving Averages12 / 10
BULLISH TREND! 50-day average (2905.9) is above 200-day average (2349.0) - positive signal.
Price Position8 / 10
STRONG POSITION! Current price (3002.6) is above both moving averages.
Trend Pattern10 / 20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance8 / 10
GOOD YEAR! Stock gained 23.3% in the last year.
Volume Sentiment25 / 30
BULLISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 347,588 vs down days: 262,617. Ratio: 1.32x
RSI3 / 5
NEUTRAL! RSI at 53.2 - balanced momentum.
52W Range5 / 5
STRONG! Trading at 83.0% of 52W range - near yearly highs.
Momentum3 / 5
MIXED MOMENTUM! Price growth is inconsistent - 0.5% (1 week), -4.4% (1 month), 11.4% (3 months).
Beta / Volatility3 / 5
MARKET ALIGNED! Beta of 1.00 - moves with the market.

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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