CarTrade Tech (CARTRADE) Q4 25/26 earnings summary

Executive summary

• Achieved 21% year-over-year revenue growth to ₹77,927 lakhs for FY26, with PAT up 68% to ₹24,351 lakhs, marking strong profitability and margin expansion.

• Cash reserves reached INR 1,244 crore, with INR 300 crore added during the year from profitable growth and zero debt maintained.

• Platforms reached over 150 million unique annual users, reinforcing market leadership across new and used auto, auctions, and classifieds.

• Audited standalone and consolidated financial results for FY26 were approved by the Board and received unmodified audit opinions from statutory auditors.

• Management remains highly optimistic about future growth, citing improved competitive dynamics and customer engagement.

Financial highlights

• FY26 consolidated revenue from operations was ₹77,926.72 lakhs, up from ₹64,145.73 lakhs year-over-year, with a 29% three-year CAGR in revenue.

• EBITDA increased 70% for the year, with a 98% three-year CAGR and margin at 33% for FY26.

• PAT for FY26 rose 68% to ₹24,351 lakhs; Q4 PAT up 54% to ₹70.84 crore.

• EPS up 86% CAGR over three years, now at INR 47 per share; consolidated basic EPS for FY26 was ₹46.80.

• ROE at 10% for FY26, with share price CAGR of 62% over three years.

Outlook and guidance

• Management targets INR 1,000 crore PAT in the next four to five years, aiming for 4x profit growth.

• Positioned for continued growth leveraging digital tailwinds, proprietary data, and AI-driven solutions.

• Expects margins to expand further across all business segments.

• Management continues to monitor regulatory changes, especially regarding new Labour Codes, and will adjust provisions as needed.

• Optimistic about continued growth in the car and bike industries, supported by favorable market conditions and GST tax reductions.