Cartrade Tech Ltd

Senco Gold Ltd, Tourism Finance Corporation of India Ltd, Sagility Ltd and Latent View Analytics Ltd are among the other gainers in the BSE's 'A' group today, 27 July 2026.Cartrade Tech Ltd spiked 11.11% to Rs 2949.95 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 54623 shares were traded on the counter so far as against the average daily volumes of 33162 shares in the past one month. Senco Gold Ltd soared 8.45% to Rs 415.3. The stock was the second biggest gainer in 'A' group. On the BSE, 7.7 lakh shares were traded on the counter so far as against the average daily volumes of 1.41 lakh shares in the past one month. Tourism Finance Corporation of India Ltd surged 7.61% to Rs 93.85. The stock was the third biggest gainer in 'A' group. On the BSE, 22.17 lakh shares were traded on the counter so far as against the average daily volumes of 8.55 lakh shares in the past one month. Sagility Ltd rose 7.27% to Rs 43.4. The stock was the fourth biggest gainer in 'A' group. On the BSE, 49.23 lakh shares were traded on the counter so far as against the average daily volumes of 15.16 lakh shares in the past one month. Latent View Analytics Ltd jumped 7.18% to Rs 317.2. The stock was the fifth biggest gainer in 'A' group. On the BSE, 1.18 lakh shares were traded on the counter so far as against the average daily volumes of 88535 shares in the past one month. Powered by Capital Market - Live

Cartrade Tech will hold a meeting of the Board of Directors of the Company on 29 July 2026.

The stock touched an intraday high of Rs 2,846 on the BSE, tracking strong buying interest following the brokerage's positive commentary on the company's growth prospects. According to the brokerage, CarTrade Tech's outlook remains supported by improving monetisation of its OLX platform, expansion of new revenue streams, and sustained margin expansion. It also highlighted emerging growth drivers such as artificial intelligence-led monetisation, used-car financing, and expansion into services like escrow and logistics. The brokerage raised its earnings estimates and lifted its target price to Rs 3,286 from Rs 2,740, implying an upside of around 22% from current levels. It also noted that OLX continues to benefit from strong user engagement and a dominant position in used-car listings, providing scope for further revenue growth as premium and value-added services gain traction. CarTrade Tech have remained volatile but strong over the past year, reflecting continued investor interest in India's online auto classifieds and digital vehicle marketplace space. CarTrade Tech operates a digital marketplace ecosystem comprising platforms such as CarWale, BikeWale, CarTrade, OLX India, Shriram Automall and CarTrade Exchange. On a consolidated basis, its profit after tax jumped 53.6% YoY and 15.2% QoQ to Rs 70.85 crore in Q4 FY26. Revenue from operations stood at Rs 203.14 crore in Q4 FY26, up 19.8% YoY but down 3.1% QoQ. Powered by Capital Market - Live

CarTrade Used Auto brings together the strengths of CarWale and OLX India to create a unified, technology-led and asset-light platform for India's used-car ecosystem. The said platform designed to support the used-car ecosystem in India across the full transaction journey of Buy, Sell, Exchange and Finance. The platform is designed to serve every used-car transaction B2C, C2B, C2C and financing, to enable consumers, dealers, enterprises, lenders and service partners across the used-car value chain. It has also launched SuperDost, which has built agents like matchmaking, pricing, condition check etc. for used car customers. The company said that India's used-car market is entering a structural growth phase. The market has already crossed approximately 5.9 million annual transactions and is projected to approach 9.5'10 million transactions by 2030. At an estimated average transaction value of approximately Rs 5'6 lakh per used car, this represents a current GMV pool of over Rs 3 lakh crore, with the potential to scale to approximately Rs 5'6 lakh crore by 2030, as volumes grow, ownership cycles shorten and vehicle mix premiumises. The group also engages with approximately 3 million used-car sellers and 20 million used-car buyers annually across its platforms. Through CarTrade Used Auto, the company aims facilitate approximately 2 million used-car transactions annually across C2C, B2C and C2B segments, representing a potential transaction value of approximately Rs 1.2 lakh crore per annum. In addition, CarTrade Used Auto Finance is developing a digital marketplace for customers to get a used car loan in a simple easy manner. The platform will offer multiple financing options to its millions of customers. It is looking to create all of this in an asset light manner with tie-ups with leading banks and NBFCs. Aneesha Bhandary, executive director and CFO, said: 'Used cars are one of India's largest consumer transaction opportunities, but the journey remains fragmented across discovery, trust, pricing, finance, documentation and ownership transfer. With CarTrade Used Auto, we are creating one platform for buy, sell and exchange of used cars. By bringing together the strengths of CarWale and OLX India, we believe we are uniquely positioned to organise and enable the used-car transaction journey across consumers, dealers, enterprises and lenders. Our strategy is to build technology-led transaction infrastructure, unlock finance and retail enablement, and remain asset-light.' CarTrade Tech operates a digital marketplace ecosystem comprising platforms such as CarWale, BikeWale, CarTrade, OLX India, Shriram Automall and CarTrade Exchange. On a consolidated basis, its profit after tax jumped 53.6% YoY and 15.2% QoQ to Rs 70.85 crore in Q4 FY26. Revenue from operations stood at Rs 203.14 crore in Q4 FY26, up 19.8% YoY but down 3.1% QoQ.Powered by Capital Market - Live

CarTrade Tech announced the launch of CarTrade Used Auto, to build the used-car ecosystem in India across the full transaction journey of Buy, Sell , Exchange and Finance. CarTrade Used Auto brings together the strengths of CarWale and OLX India to create a unified, technology-led and asset-light platform for India's used-car ecosystem. The platform is designed to serve every used-car transaction B2C, C2B, C2C and financing, to enable consumers, dealers, enterprises, lenders and service partners across the used-car value chain. It has also launched SuperDost, which has built agents like Matchmaking, Pricing, Condition check etc. for used car customers.

CarTrade Tech has allotted 95,000 equity shares under ESOP on 11 June 2026. Consequently, the paid up equity share capital has increased to Rs. 48,02,30,350/- consisting of 4,80,23,035 equity shares of face value of Rs. 10/- each.

The stock has rallied 23.52% over four trading sessions. It has gained 21.05% in one month and 34.01% in three months. However, it remains down 16.38% on a year-to-date basis. Earlier this month, OLX India, a CarTrade Tech platform, announced that its Elite Buyer programme crossed 80,000 sign-ups in May 2026. The company said the initiative is already contributing to revenue growth and is expected to become an important long-term growth driver. OLX India plans to introduce AI-powered features, including buyer-seller matchmaking, pricing guidance and condition assessment tools, in the coming quarter. The company is also working on a hyperlocal service model aimed at helping sellers connect more quickly with serious local buyers. CarTrade Tech operates a digital marketplace ecosystem comprising platforms such as CarWale, BikeWale, CarTrade, OLX India, Shriram Automall and CarTrade Exchange. On a consolidated basis, its profit after tax jumped 53.6% YoY and 15.2% QoQ to Rs 70.85 crore in Q4 FY26. Revenue from operations stood at Rs 203.14 crore in Q4 FY26, up 19.8% YoY but down 3.1% QoQ. Powered by Capital Market - Live

On a consolidated basis, profit after tax jumped 53.6% YoY and 15.2% QoQ to Rs 70.85 crore in Q4 FY26. Revenue from operations stood at Rs 203.14 crore in Q4 FY26, up 19.8% YoY but down 3.1% QoQ. EBITDA stood at Rs 71.65 crore in Q4 FY26, up 55.2% YoY but down 8.4% QoQ. EBITDA margin improved to 35% from 27% in the year-ago quarter, though it softened from 37% in Q3 FY26. Profit before tax stood at Rs 74.99 crore in Q4 FY26, down 3.8% vs Q3 FY26 but up 40.6% vs Q4 FY25. Employee cost increased 10.4% YoY to Rs 78.13 crore in Q4 FY26, while other expenses rose 2.7% YoY to Rs 45.28 crore. Marketing expenses declined 4.9% YoY to Rs 8.09 crore during the quarter. Segment-wise, consumer group revenue rose 25% YoY to Rs 79.39 crore in Q4 FY26, while remarketing business revenue grew 22% to Rs 71.66 crore. Classifieds revenue increased 16% YoY to Rs 55.12 crore. On the operational front, the company said its platforms engaged around 76 million average monthly unique visitors during Q4 FY26, with organic traffic contributing 95% of total traffic. The company now operates across more than 540 physical locations including Shriram Automall, CarWale abSure, Signature dealerships and OLX India franchise outlets. For FY26, CarTrade Tech reported revenue from operations of Rs 779.27 crore, up 21.5% YoY, while total income rose 22.3% to Rs 869.77 crore. PAT climbed 67.6% to Rs 243.51 crore during the year. EBITDA for FY26 stood at Rs 257 crore, up 70.3% YoY with EBITDA margin improving sharply to 33% from 24% in FY25. CarTrade Tech operates a digital marketplace ecosystem comprising platforms such as CarWale, BikeWale, CarTrade, OLX India, Shriram Automall and CarTrade Exchange. Powered by Capital Market - Live

Net profit of Cartrade Tech rose 54.50% to Rs 64.61 crore in the quarter ended March 2026 as against Rs 41.82 crore during the previous quarter ended March 2025. Sales rose 19.84% to Rs 203.14 crore in the quarter ended March 2026 as against Rs 169.51 crore during the previous quarter ended March 2025. For the full year,net profit rose 65.61% to Rs 223.00 crore in the year ended March 2026 as against Rs 134.65 crore during the previous year ended March 2025. Sales rose 21.48% to Rs 779.27 crore in the year ended March 2026 as against Rs 641.46 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales203.14169.51 20 779.27641.46 21 OPM %35.2727.23 -32.9823.52 - PBDT85.9162.98 36 335.02209.22 60 PBT75.0053.33 41 296.34168.36 76 NP64.6141.82 54 223.00134.65 66 Powered by Capital Market - Live

Cartrade Tech has allotted 50,000 equity shares under ESOP on 09 April 2026. With this allotment, the paid up equity share capital has increased to Rs. 47,92,80,350/- consisting of 4,79,28,035 equity shares of face value of Rs. 10/- each.