CarTrade Tech (CARTRADE) Q1 26/27 earnings summary

Executive summary

• Achieved record quarterly total income of INR 230 crore (₹230 crore) for Q1 FY27, with adjusted EBITDA near INR 100 crore and PAT at INR 57 crore, reflecting robust growth across all business segments.

• Maintained 16 consecutive quarters of 45%+ EBITDA growth, with a 22% CAGR in revenue, 66% CAGR in EBITDA, and 54% CAGR in PAT over four years.

• Profit after tax for Q1 FY27 reached ₹57 crore, a 21% increase year-over-year.

• Maintained a strong cash position with ₹1,321 crore and zero debt.

• Unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, were approved by the Board and reviewed by statutory auditors with no qualifications.

Financial highlights

• Consolidated revenue from operations was ₹20,116.32 lakhs, up 16% year-over-year.

• Adjusted EBITDA for Q1 FY27 was ₹9,750 lakh, with an adjusted EBITDA margin of 42%.

• PAT for Q1 FY27 was ₹5,675.29 lakhs, up 21% year-over-year.

• Standalone consumer group revenue grew 18% year-over-year, with EBITDA margin at 33% and PAT up 12%.

• OLX segment delivered 29% revenue growth and 76% EBITDA growth year-over-year.

Outlook and guidance

• Confident in achieving INR 1,000 crore profit over the next four to five years, maintaining the 40/40 goal (40% profit growth and 40%+ margins).

• AI-powered tools, Elite Buyer and new AI-driven products expected to become major revenue streams in coming quarters.

• Expect Q2, Q3, and Q4 to surpass Q1 results, with incremental revenue translating directly to EBITDA due to fixed cost base post-increment cycle.

• Continued focus on scaling digital platforms and expanding monetization opportunities.

• No explicit forward-looking guidance provided, but the company completed salary restructuring to comply with new Labour Codes, indicating ongoing adaptation to regulatory changes.