# CARTRADE (CARTRADE) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/cartrade

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹2,987
- Change: +1.67%
- As of: 2026-09-18
- 1D return: +1.73%
- 5D return: -1.51%
- 1M return: +3.24%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, CARTRADE's technical stance is mixed across timeframes, with daily and weekly charts indicating bullish trends while the monthly chart shows a bearish trend. The current price of ₹2988.9 is positioned above the 50-day Simple Moving Average (SMA) and the 200-day SMA, suggesting some underlying strength on the daily chart. However, the price is below the 20-day EMA and SMA on the daily timeframe, indicating short-term caution. The weekly chart shows a bullish Supertrend and the price is above key moving averages (20-day EMA, 50-day EMA, 20-day SMA, 50-day SMA), reinforcing a positive weekly outlook. Conversely, the monthly chart displays a bearish Supertrend, with the price below this indicator, suggesting potential longer-term headwinds.

Nearest support is observed around ₹2973.7, approximately 0.51% below the current price, followed by ₹2924.8, about 2.14% lower. Overhead resistance is noted at ₹3007.6, roughly 0.63% above the current price, with further resistance at ₹3055.6, approximately 2.23% higher. The stock has experienced recent unusual price movement, with a 6% upward move on September 7, 2026. The monthly chart shows active Doji and Inside Bar patterns, while the weekly chart has an active Bearish Engulfing Reversal pattern. The stock's annualized volatility is 55%, with a current drawdown of -9%.

- Daily trend shows mixed signals with price below 20-day EMA/SMA but above 50-day/200-day SMA.
- Weekly trend is bullish, with price above key moving averages and Supertrend.
- Monthly trend is bearish, with price below the monthly Supertrend.
- Nearest support levels are ₹2973.7 and ₹2924.8.
- Nearest resistance levels are ₹3007.6 and ₹3055.6.
- Watch for a sustained move above ₹3007.6 to challenge higher resistance, and a break below ₹2973.7 to test lower support levels.

- Doji
- Inside Bar
- Bearish Engulfing Reversal
- Outside Bar
- Evening Star

### News Context

CarTrade Tech Limited announced several updates in the past week. On September 17, 2026, the company disclosed the allotment of 102,850 equity shares under its Employee Stock Option Plan (ESOP) 2021(I). This issuance increased the company's paid-up share capital from ₹485,120,350 to ₹486,148,850. The exercise prices for these shares ranged from ₹573.30 to ₹825.00 per share. Separately, on September 15, 2026, CarTrade Tech announced the launch of 'Elite Buyer for Businesses' by its subsidiary OLX India. This new offering aims to enhance procurement tools for dealers and resellers, incorporating AI-led capabilities such as VAYA Match making, Price Intelligence, and Condition Check across various categories. The company also scheduled participation in two investor conferences: Axis Capital's Consumer & Tech Conference on September 11, 2026, and Anand Rathi's Annual Flagship Conference G-200 Summit 2026 on September 22, 2026, to provide business updates.

- On September 17, 2026, CarTrade Tech allotted 102,850 equity shares under its ESOP, increasing paid-up share capital to ₹486,148,850.
- The company's subsidiary, OLX India, launched 'Elite Buyer for Businesses' on September 15, 2026, to improve dealer procurement tools with AI features.
- CarTrade Tech is scheduled to participate in investor conferences on September 11 and September 22, 2026, to share business updates.
- A newspaper publication on September 4, 2026, confirmed the 26th Annual General Meeting scheduled for September 25, 2026, and detailed e-voting procedures.

- CARTRADE TECH LIMITED has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL
- Cartrade Tech Limited has informed the Exchange regarding 'Allotment of share under ESOP'. |SUBJECT: Updates
- Cartrade Tech Limited has informed the Exchange regarding a press release dated September 14, 2026, titled "Press Release". |SUBJECT: Press Release
- CARTRADE TECH LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Cartrade Tech Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication

### What Changed

As of September 18, 2026, CarTrade Tech's stock price has seen a modest increase, trading at ₹2988.9 compared to its previous price of ₹2938.0. This represents a change of ₹50.9 over the observed period. The company's profile on the NSE remains unchanged, with no new filings or news reported in the recent development period. The technical indicators for daily and weekly trends were not available for comparison.

- On September 18, 2026, the stock price for CarTrade Tech was ₹2988.9.
- The previous stock price recorded was ₹2938.0.
- The price difference between the current and previous observation is ₹50.9.
- No new filings or news were reported for CarTrade Tech.

### Official Filings

CarTrade Tech Limited has announced the allotment of 102,850 equity shares on September 17, 2026, under its Employee Stock Option Plan (ESOP). This issuance increased the company's paid-up share capital from ₹485,120,350 (48,512,035 shares) to ₹486,148,850 (48,614,885 shares). The exercise prices for these shares ranged from ₹573.30 to ₹825.00 per share. The company stated this allotment is not considered material.

Separately, on September 15, 2026, CarTrade announced the launch of 'Elite Buyer for Businesses' by its subsidiary OLX India. This initiative aims to enhance procurement tools for dealers and resellers, incorporating AI-led capabilities such as VAYA Match making, Price Intelligence, and Condition Check across various asset categories. The program has seen rapid scaling, with over 5,000 new daily sign-ups reported after reaching 80,000 users in May 2026 and 100,000 in July 2026.

The company also provided updates regarding its 26th Annual General Meeting (AGM) scheduled for September 25, 2026. The AGM will be held via video conference, with remote e-voting commencing on September 22, 2026. The agenda includes adopting the financial statements for the fiscal year ended March 31, 2026, and re-appointing Mrs. Aneesha Bhandary as Executive Director. Related party transactions for the period April 1, 2026, to March 31, 2027, were also disclosed, including agreements with Shriram Automall India Limited and CarTradeExchange Solutions Private Limited.

- On September 17, 2026, CarTrade Tech Limited allotted 102,850 equity shares under its ESOP, increasing paid-up capital to ₹486,148,850.
- On September 15, 2026, CarTrade's subsidiary OLX India launched 'Elite Buyer for Businesses' to support dealers and resellers with AI-powered procurement tools.
- The 26th Annual General Meeting is scheduled for September 25, 2026, to be held via video conference.
- Remote e-voting for the AGM will commence on September 22, 2026, with a record date of September 18, 2026.
- The AGM agenda includes adopting FY26 financial statements and approving related party transactions, such as those with Shriram Automall India Limited (₹3,626,000,000) and CarTradeExchange Solutions Private Limited (₹810,000,000).

- CARTRADE TECH LIMITED has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL
- Cartrade Tech Limited has informed the Exchange regarding 'Allotment of share under ESOP'. |SUBJECT: Updates
- Cartrade Tech Limited has informed the Exchange regarding a press release dated September 14, 2026, titled "Press Release". |SUBJECT: Press Release
- CARTRADE TECH LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Cartrade Tech Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Cartrade Tech Limited has informed the Exchange regarding 'Regulation 36 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations ) read with Regulation 30. |SUBJECT: Updates
- Cartrade Tech Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 25, 2026 |SUBJECT: Shareholders meeting
- Cartrade Tech Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- CarTrade Tech Limited has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 25-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL
- AS ON DATE : 03-SEP-26

### Fundamentals

Cartrade Tech's recent financial performance shows a mixed trajectory. For the quarter ending Q1 FY2026-27, the company reported Revenue from Operations of ₹201.16 crore, a slight decrease from ₹209.67 crore in Q3 FY2025-26. Profit Before Tax (PBT) also saw a sequential decline, from ₹77.99 crore in Q3 FY2025-26 to ₹74.52 crore in Q1 FY2026-27. The Net Profit for the period followed a similar trend, decreasing to ₹56.75 crore in Q1 FY2026-27 from ₹61.52 crore in Q3 FY2025-26. The Operating Profit Margin (OPM) for Q1 FY2026-27 was 33.0%, an improvement from 25.0% in Q3 FY2025-26, indicating improved operational efficiency despite lower volumes.

Looking at the balance sheet, total borrowings have increased from ₹86 crore in March 2023 to ₹112 crore in March 2024, and are projected to reach ₹131 crore by March 2025. Equity Capital has remained relatively stable, while Reserves have grown from ₹1997 crore in March 2023 to ₹2023 crore in March 2024. Fixed Assets saw a significant jump from ₹1042 crore in March 2023 to ₹1489 crore in March 2024. Investments have decreased from ₹985 crore in March 2023 to ₹510 crore in March 2024. The company's Cash Flow from Operations has shown volatility, with a reported ₹16 crore in March 2024, a decrease from ₹48 crore in March 2023, but projected to increase to ₹171 crore by March 2025. Free Cash Flow has also been inconsistent, decreasing to ₹13 crore in March 2024 from ₹41 crore in March 2023, but projected to rise to ₹166 crore by March 2025.

Key monitoring areas include the trend in Revenue from Operations and Profit Before Tax on a sequential and year-on-year basis, as well as the sustainability of the improved Operating Profit Margin. The company's ability to generate consistent positive cash flow from operations and manage its increasing borrowings will be crucial for its financial health.

- For Q1 FY2026-27, Cartrade Tech reported Revenue from Operations of ₹201.16 crore, Profit Before Tax of ₹74.52 crore, and Net Profit of ₹56.75 crore.
- The Operating Profit Margin (OPM) improved to 33.0% in Q1 FY2026-27 from 25.0% in Q3 FY2025-26.
- Total borrowings increased from ₹86 crore in March 2023 to ₹112 crore in March 2024, with projections indicating further increases.
- Cash Flow from Operations was ₹16 crore in March 2024, down from ₹48 crore in March 2023, with a projected increase to ₹171 crore by March 2025.
- Free Cash Flow was ₹13 crore in March 2024, down from ₹41 crore in March 2023, with a projected increase to ₹166 crore by March 2025.

### Bull Case

The company has demonstrated consistent growth in sales and profits over the long term. Specifically, sales have grown at a compounded rate of 26% over five years and 20% on a trailing twelve months (TTM) basis. Profit growth has also been robust, with a 20% compounded growth over five years and a 53% increase on a TTM basis. The balance sheet shows an increase in total assets from ₹1,424 crore in March 2019 to ₹1,467 crore in March 2020, supported by growth in fixed assets, investments, and other assets. Reserves have also grown from ₹1,193 crore to ₹1,224 crore over the same period. Technically, the stock exhibits a bullish trend on a daily and weekly basis, with the Supertrend indicator suggesting an upward direction. Support levels are identified around ₹2,973.7 and ₹2,972.8, while resistance is noted near ₹3,007.6.

- Compounded sales growth of 26% over 5 years and 20% TTM.
- Compounded profit growth of 20% over 5 years and 53% TTM.
- Total assets increased from ₹1,424 crore (Mar 2019) to ₹1,467 crore (Mar 2020).
- Reserves increased from ₹1,193 crore (Mar 2019) to ₹1,224 crore (Mar 2020).
- Daily and weekly technical trends are bullish, with Supertrend indicating an upward direction.

### Bear Case

The company's cash flow from operations has shown a significant decline, falling from ₹35 crore in March 2019 to ₹17 crore in March 2020. This reduction is also reflected in the Free Cash Flow, which decreased from ₹33 crore to ₹12 crore over the same period. Furthermore, the Net Cash Flow turned negative, moving from ₹9 crore in March 2019 to -₹2 crore in March 2020. While the company's borrowings increased from ₹68 crore to ₹77 crore between March 2019 and March 2020, its equity capital remained stable at ₹3 crore, and reserves saw a modest increase from ₹1193 crore to ₹1224 crore. The monthly trend analysis indicates a bearish supertrend at 3216.08, suggesting potential downside risk on a longer-term view, despite a bullish supertrend on the daily and weekly timeframes.

- Cash flow from operations decreased from ₹35 crore (Mar 2019) to ₹17 crore (Mar 2020).
- Free Cash Flow declined from ₹33 crore (Mar 2019) to ₹12 crore (Mar 2020).
- Net Cash Flow shifted from a positive ₹9 crore (Mar 2019) to a negative -₹2 crore (Mar 2020).
- Borrowings increased from ₹68 crore (Mar 2019) to ₹77 crore (Mar 2020).

### FAQs

**How has CarTrade Tech's financial performance changed between March 2019 and March 2020?**

Between March 2019 and March 2020, CarTrade Tech's total assets increased from ₹1,424 crore to ₹1,467 crore, while total liabilities also rose from ₹1,424 crore to ₹1,467 crore, resulting in total assets equaling total liabilities in both periods. Reserves grew from ₹1,193 crore to ₹1,224 crore. However, cash flow from operating activities decreased from ₹35 crore in March 2019 to ₹17 crore in March 2020, and free cash flow reduced from ₹33 crore to ₹12 crore over the same period. Net cash flow also turned negative, decreasing from ₹9 crore to -₹2 crore.

**What recent corporate actions has CarTrade Tech announced?**

CarTrade Tech announced the allotment of 102,850 equity shares on September 17, 2026, under its ESOP plan, increasing its paid-up share capital. The company also announced the launch of 'Elite Buyer for Businesses' by its subsidiary OLX India on September 14, 2026, to enhance procurement tools for dealers. Additionally, CarTrade Tech informed about its participation in investor conferences scheduled for September 11 and September 22, 2026, and published a notice for its 26th Annual General Meeting on September 4, 2026.

**What are the key technical indicators for CarTrade Tech as of September 18, 2026?**

As of September 18, 2026, CarTrade Tech's daily trend indicators show a closing price of ₹2,988.9, with the Supertrend indicator in a 'bullish' direction at ₹2,791.09. The 5-day EMA slope is negative (-7.08), while the 5-day SMA slopes for 20-day and 50-day periods are positive (42.06 and 22.63 respectively). On a monthly basis, the Supertrend indicator is 'bearish' at ₹3,216.08, with a closing price of ₹2,988.9. Weekly indicators show a 'bullish' Supertrend at ₹2,337.99, with positive 5-day SMA slopes for both the 20-day (322.82) and 50-day (54.87) periods.

**What are CarTrade Tech's recent period returns and risk metrics?**

As of September 18, 2026, CarTrade Tech has shown varied returns across different periods. It achieved a 6-month return of 76% and a 1-year return of 25%. Over 5 years, the return was -2%, while the return since inception stands at 97%. The company's annualized volatility is reported at 55%, with a current drawdown of -9% and a maximum drawdown of -50%.

- CARTRADE TECH LIMITED has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL
- Cartrade Tech Limited has informed the Exchange regarding 'Allotment of share under ESOP'. |SUBJECT: Updates
- Cartrade Tech Limited has informed the Exchange regarding a press release dated September 14, 2026, titled "Press Release". |SUBJECT: Press Release
- CARTRADE TECH LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Cartrade Tech Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Downtrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹2,924.8
- Risk regime: Price Risk Requires Attention

### Support levels
- 2973.7
- 2805.6
- 2635.6

### Resistance levels
- 3080.25
- 3177.35
- 3261.125

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +1.73% |
| return_10 | -0.11% |
| return_1m | +6.65% |
| return_1y | +24.77% |
| return_20 | +3.24% |
| return_3m | +15.62% |
| return_5 | -1.51% |
| return_6m | +76.02% |
| return_since_start | +97.36% |
| return_ytd | +5.63% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -50.32% |
| annualized_volatility | +55.38% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue and Pre-Tax Profit Steady; Net Profit Declines as Tax Normalizes

In the June 2026 quarter, revenue and profit before tax held nearly flat compared to the March 2026 quarter, following the earlier revenue peak in December 2025. Net profit fell noticeably, entirely because the tax expense returned to a more typical level after an unusually low charge in the prior quarter. Other expenses and finance costs remained within their recent ranges, while year‑on‑year comparisons showed significant growth in both revenue and profitability.

## Revenue: Slight Sequential Decline, Strong Year‑on‑Year Growth

Revenue from operations was ₹201.16 crore, down 0.97% from ₹203.14 crore in the March 2026 quarter. This is the second consecutive sequential decline after the high of ₹209.67 crore in December 2025. Compared with the same quarter last year (₹173.04 crore), revenue rose 16.25%, reflecting sharply higher activity than a year ago even as quarterly momentum eased from the earlier peak.

## Profitability: Pre‑Tax Profit Stable, Net Profit Affected by Tax Normalization

Profit before tax was ₹74.52 crore, nearly unchanged from ₹75.00 crore in the prior quarter (a decline of 0.64%) and up 30.93% from ₹56.91 crore a year earlier. The pre‑tax margin remained steady at about 37% of revenue, indicating consistent cost management.

Net profit fell to ₹56.75 crore from ₹70.85 crore in the March 2026 quarter, a drop of 19.89%. Year‑on‑year, net profit increased 20.59% from ₹47.06 crore. The sequential decline is driven almost entirely by the tax expense: tax jumped to ₹17.76 crore from ₹4.15 crore in the prior quarter. Over the previous fiscal year, the tax charge ranged from ₹9.85 crore to ₹16.47 crore, so the current quarter’s expense is closer to normal levels. Because profit before tax was flat, the net‑profit movement reflects tax‑line normalization rather than a change in business performance.

## Cost Structure: Other Expenses and Finance Costs Stable

Other expenses were ₹54.72 crore, inside the ₹52 crore to ₹55 crore range observed over the previous five quarters. Finance costs were ₹3.19 crore, also consistent with the ₹3.0 crore to ₹3.3 crore band seen in recent periods. No notable cost swings were apparent during the quarter.

## Equity Share Capital: Small Increase

Paid‑up equity share capital increased marginally to ₹48.02 crore from ₹47.88 crore in the prior quarter, continuing a pattern of gradual quarterly additions.

## Key Takeaway

The June 2026 quarter presents stable revenue and pre‑tax profit, holding the improved year‑over‑year levels established over the previous year. The visible drop in net profit relative to March 2026 is fully explained by a return to a regular tax expense from a temporarily low charge. Operationally, the quarter reflects a continuation of recent performance with no material change in core trends.

### Ratios

## Official filings

- 2026-09-17 — Generic Announcement: Cartrade Tech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_19458_WebXMLFile_20260917_152104736.xml)
- 2026-09-17 — Generic Announcement: Cartrade Tech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CARTRADE_17092026152010_ESOP_102850_Intimation_letter.pdf)
- 2026-09-15 — Press Release: Cartrade Tech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CARTRADE_15092026095148_CarTrade_-_Elite_PR.pdf)
- 2026-09-08 — Generic Announcement: Cartrade Tech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_19458_WebXMLFile_20260908_123953929.xml)
- 2026-09-04 — Generic Announcement: Cartrade Tech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CARTRADE_04092026104556_Covering_letter_-_Newspaper_Advertisement___Second_.pdf)
- 2026-09-03 — Generic Announcement: Cartrade Tech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CARTRADE_03092026214748_Covering_letter_for_letter_to_shareholders.pdf)
- 2026-09-03 — Generic Announcement: Cartrade Tech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CARTRADE_03092026213822_Intimation_to_Stock_Exchange_for_the_Notice_of_AGM_AR.pdf)
- 2026-09-03 — Generic Announcement: Cartrade Tech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CARTRADE_03092026212826_Covering_letter_-_Newspaper_Adverisement___First_.pdf)
- 2026-09-03 — Generic Announcement: Cartrade Tech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_19458_WebXMLFile_20260903_214240021.xml)
- 2026-09-02 — Annual Report: Cartrade Tech Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_31325_CARTRADE_2025_2026_A_8433951_03092026213615.pdf)
- 2026-08-31 — Generic Announcement: Cartrade Tech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_19458_WebXMLFile_20260831_173531431.xml)
- 2026-08-25 — Generic Announcement: Cartrade Tech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_19458_WebXMLFile_20260825_163554924.xml)
- 2026-08-25 — Generic Announcement: Cartrade Tech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_19458_WebXMLFile_20260825_164444002.xml)
- 2026-08-11 — Generic Announcement: Cartrade Tech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_19458_WebXMLFile_20260811_144601496.xml)
- 2026-08-07 — Generic Announcement: Cartrade Tech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CARTRADE_07082026191816_ESOP_185500_Intimation_letter_August_26.pdf)
- 2026-08-07 — Generic Announcement: Cartrade Tech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_19458_WebXMLFile_20260807_191550465.xml)
- 2026-08-05 — Generic Announcement: Cartrade Tech Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_19458_WebXMLFile_20260805_204716047.xml)
- 2026-07-29 — Generic Announcement: CarTrade Tech Limited's Board of Directors approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, on July 29, 2026. The company recorded an incremental expense of Rs. 307.55 lakhs for the quarter due to restructuring salaries to align with new labor codes, which is disclosed as an exceptional item. — [Official attachment](https://nsearchives.nseindia.com/corporate/CARTRADE_29072026110121_Outcome_of_BM-_updated.pdf)
- 2026-07-29 — Official Filing: On July 29, 2026, CARTRADE TECH LIMITED uploaded an audio recording of a call to its website, which was also made available via a provided weblink. The company had previously provided intimation of this earnings call to the exchange on July 21, 2026. The call concluded at 13:38:00 on July 29, 2026, and the recording was uploaded at 14:48:00 on the same day.
- 2026-07-29 — Generic Announcement: CarTrade Tech Limited's Audit Committee and Board of Directors approved the re-appointment of M/s MGB & Co. LLP as Internal Auditors for the Financial Year 2026-27 on July 29, 2026. MGB & Co. LLP, a Chartered Accountant firm with extensive experience in internal audit and assurance, will conduct the internal audit for the specified financial year. — [Official attachment](https://nsearchives.nseindia.com/corporate/CARTRADE_29072026110856_Reg_30_Intimation_-_Appointment_of_Internal_Auditors.pdf)
- 2026-07-29 — Press Release: CarTrade Tech Limited reported its unaudited financial results for the quarter ended June 30, 2026, achieving an all-time high total income of ₹230 crore, a 16% year-over-year increase. EBITDA surged 45% year-over-year to ₹63 crore, with an EBITDA margin of 31%. Profit After Tax increased 21% year-over-year to ₹57 crore. The company's OLX India segment saw income grow 29% and EBITDA jump 76% year-over-year. — [Official attachment](https://nsearchives.nseindia.com/corporate/CARTRADE_29072026110353_Press_Release-_updated.pdf)
- 2026-07-29 — Press Release: CarTrade Tech Limited announced a strategic partnership with Spinny on July 29, 2026, to transform the used car buying and selling experience in India. This collaboration integrates CarTrade's platforms, including CarWale and OLX India, with Spinny's operational capabilities. The partnership aims to enhance the customer journey for over 23 million annual users by offering quality-assured used cars and a simplified transaction process. — [Official attachment](https://nsearchives.nseindia.com/corporate/CARTRADE_29072026080944_CarTrade_-_Spinny_Revised_PR.pdf)
- 2026-07-29 — Earnings Presentation: CarTrade Tech Limited has released an investor presentation detailing its unaudited financial results for the quarter ended June 30, 2026. The company reported an all-time high income of ₹230 Crore for Q1 FY27, with Adjusted EBITDA surging 45% to ₹98 Crore and Profit After Tax reaching ₹57 Crore. The presentation highlights significant growth across its Consumer, Remarketing, and OLX India segments, with a zero-debt profile and a cash balance of approximately ₹1,321 Crore. — [Official attachment](https://nsearchives.nseindia.com/corporate/CARTRADE_29072026110514_Investor_Presentation-_updated.pdf)
- 2026-07-23 — Generic Announcement: On July 23, 2026, CarTrade Tech Limited approved the allotment of 303,500 equity shares under various ESOP plans (2011, 2014, 2015, and 2021(I)) to eligible employees. This allotment increased the company's paid-up share capital from Rs. 48,02,30,350 to Rs. 48,32,65,350. The company clarified that this allotment is not material in nature. — [Official attachment](https://nsearchives.nseindia.com/corporate/CARTRADE_23072026151035_ESOP303500_Intimation_letter_July_26.pdf)
- 2026-07-23 — Official Filing: On July 23, 2026, CARTRADE TECH LIMITED (CARTRADE) allotted 30350 equity shares under its ESOP/ESPS scheme. This allotment increased the company's paid-up share capital from INR 480,230,350 to INR 483,265,350, and the number of paid-up shares from 48,023,035 to 48,326,535.

## News and market events

- 2026-08-25 — CNBC-TV18: **Nifty 500 opens today with a chemical stock trading at more than 44 times its 10-day average** — Nifty 500 opened mixed. FACT, Paradeep Phosphates, Afcons Infrastructure, PVR Inox gained. Hindustan Copper, IIFL Finance, Cartrade Tech, Godrej Industries fell. — [Source](https://www.cnbctv18.com/market/nifty-500-top-gainers-losers-market-open-fact-paradeep-phosphates-hindustan-copper-iifl-share-price-19976225.htm)
- 2026-08-24 — Mint: **Raja Venkatraman recommends three stocks for 24 August** — Market expert Raja Venkatraman shares his top stock picks for 24 August. Here’s his technical outlook and trade strategy. — [Source](https://www.livemint.com/market/stock-market-news/raja-venkatraman-recommends-three-stocks-for-24-august-sensex-nifty-11787532536118.html)
- 2026-08-21 — BUSINESS: **Volumes jump at JBM Auto Ltd counter** — JBM Auto Ltd saw volume of 108.72 lakh shares by 14:14 IST on NSE, a 58.26 fold spurt over two-week average daily volume of 1.87 lakh shares — [Source](https://www.business-standard.com/markets/capital-market-news/volumes-jump-at-jbm-auto-ltd-counter-126082100935_1.html)
- 2026-08-21 — CNBC-TV18: **CarTrade Tech shares jump to the highest level of 2026 after gaining 14% in two sessions** — CarTrade Tech shares have gained 14% in the last two trading sessions and have now hit their highest level in 2026. — [Source](https://www.cnbctv18.com/market/cartrade-tech-share-price-near-52-week-high-highest-level-of-2026-strong-gains-buy-sell-shareholding-19974323.htm)
- 2026-07-30 — MONEYCONTROL: **CarTrade Tech Q1 EBITDA beats estimates; Nomura retains Buy, raises target price to Rs 3,340** — CarTrade Tech, CarTrade Tech news, CarTrade Tech stock, CarTrade Tech shares, CarTrade Tech Q1, Nomura — [Source](https://www.moneycontrol.com/news/business/stocks/cartrade-tech-q1-ebitda-beats-estimates-nomura-retains-buy-raises-target-price-to-rs-3-340-13988423.html)
- 2026-07-29 — The Hindu: **Q1 Results Today Live: Cartrade Tech profit up, Maharashtra Scooters Q1 PAT declines, Adani Enterprises, Adani Ports, Asian Paints, Eicher Motors, Waaree Energies, Colgate, Prestige Estates, Syrma SGS Tech, Hexaware Tech, Dabur, Vedanta Oil, ACME Solar to announce Q1 results** — Q1 Results Today, 29th July 2026 Live Updates: Stay tuned for more from businessline — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-live-updates-adani-enterprises-adani-ports-asian-paints-eicher-motors-waaree-energies-colgate-prestige-estates-syrma-sgs-tech-dabur-hexaware-tech-vedanta-oil-acme-results-29-july-2026/article71276282.ece)
- 2026-07-29 — CNBC-TV18: **CarTrade Tech Q1 Results: Stock falls 7% despite revenue growth, margin expansion** — CarTrade Tech's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter grew by 45% on a year-on-year basis to ₹63 crore, while margins expanded by 6 percentage points to 31.3% from 25.1% in the year-ago period. — [Source](https://www.cnbctv18.com/market/cartrade-tech-q1-results-revenue-margin-growth-olx-remarketing-outlook-share-price-19956505.htm)
- 2026-07-29 — CNBC-TV18: **Q1 Results LIVE Updates: Thangamayil Jewellery shares fall over 9%, Cartrade Tech down 5% after earnings** — Q1 Results LIVE Updates: Four Nifty 50 stocks are reporting their earnings today namely Asian Paints, Adani Enterprises, Adani Ports and Eicher Motors. Dabur, Waaree Energies, ACME Solar, Bajaj Housing Finance, CarTrade Tech, Chalet Hotels, Colgate-Palmolive, J&K Bank, Hexaware Technologies, KPIT Tech, Garden Reach Shipbuilders, Force Motors, Dhanlaxmi Bank, Devyani International, MOIL, Piramal Pharma, Prestige Estates, Redington, Star Health Insurance, Syngene, Teamlease, Triveni Engineering, Zensar Tech are among the other earnings from the broader markets. L&T, Netweb Tech, among others will also be reacting to their results. Watch this space for all the LIVE Q1 results updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-asian-paints-adani-ports-ent-hul-eicher-bajaj-hsg-dabur-mtar-kpit-tech-cartrade-colgate-share-price-liveblog-19956225.htm)
- 2026-07-29 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Cartrade Tech falls 8% from highs after result; Nifty up 250 pts** — Sensex Today | Stock Market LIVE Updates: The markets are on the rise, and are trading on a stromg footing. The Nifty up over 200 points, jumping to 24,200. The Nifty Bank index is up 300 points, rising to 57,000. Infosys, Larsen & Toubro and HUL are the top gainers. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-hul-asian-paints-adani-oil-lt-grse-it-dmart-share-price-liveblog-19956206.htm)

## Business profile

**Strategic vision:** Digital marketplace ecosystem for automotive and classifieds.

### Business segments
- **CarWale and CarTrade:** Digital marketplaces for new and used cars, offering research tools, dealer/OEM connections, and integrated finance solutions.
- **BikeWale:** A marketplace for new and used two-wheelers, providing research tools, dealer/OEM connections, and finance solutions.
- **OLX India:** An online classifieds platform for buying and selling used and new products across various categories including auto, real estate, and electronics.
- **Shriram Automall:** An omnichannel platform specializing in vehicle auctions, serving retail sellers, dealers, financial institutions, and OEMs through online and physical locations.
- **Adroit Auto:** Provides on-site inspection and valuation services for insurance companies and lenders for automobile assessments and collateral valuations.
- **CarTrade Infotech:** Delivers global software solutions (SaaS) for the automotive industry, including dealership management, financing software, and services for used vehicle markets.
- **Mobility Outlook:** A platform focused on providing insights related to the mobility sector.
- **CarTrade Ventures and CarWale abSure:** Additional brands within the Cartrade Tech ecosystem extending the company's reach and services.

### Competitive strengths
- Extensive digital marketplace ecosystem
- Integrated finance and software solutions
- Multi-brand portfolio covering various vehicle and classifieds segments

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/cartrade
Markdown representation: https://faxioms.com/stocks/cartrade?render=md