CarTrade Tech Q1 revenue rises 16% to Rs 201 crore; EBITDA margin expands to 31.4%

CarTrade Tech posted Q1 FY27 net profit of Rs 51.2 crore, up 19% year on year, while EBITDA grew 47%. The auto-commerce platform said it now operates more than 500 physical locations alongside its digital marketplace portfolio.

— Source publishedWed, 29 Jul, 2026, 12:25 IST·First seen Wed, 29 Jul, 2026, 13:23 IST·Source NDTV Profit

What happened

CarTrade Tech reported Q1 FY27 revenue growth of 16.3% to Rs 201 crore and net profit growth of 19.3% to Rs 51.2 crore. EBITDA margin expanded to 31.4% as it

Key facts

  • Consolidated net profit: Rs 51.2 crore, up 19.3% year-on-year from Rs 42.9 crore
  • Revenue: Rs 201 crore, up 16.3% year-on-year from Rs 173 crore
  • EBITDA: Rs 63.1 crore, up 46.7% from Rs 43 crore
  • EBITDA margin: 31.4%, versus 24.9%
  • Average monthly unique visitors: about 80 million
  • Organic traffic: 95% of total traffic
  • Physical locations: more than 500
  • Annual unique visitors per flagship platform: more than 150 million
  • Annualised remarketing auction listings: 1.5 million
  • Share price: Rs 2,804, down nearly 5%
  • Stock return over past year: more than 32%
  • Market capitalisation: Rs 13,415.23 crore

Why this matters

CarTrade Tech’s expanding physical network and high-margin digital platform strengthen its position for dealer partnerships, adjacent-service expansion and selective marketplace consolidation.

What to watch

  • Sequential revenue growth and whether growth remains above the 16% year-on-year rate.
  • EBITDA margin retention above 30% as the physical network expands beyond 500 locations.
  • Same-location transaction volumes, dealer additions, auction conversion and revenue per physical outlet.
  • Used-car price trends, financing rates and dealer inventory turnover in India.
  • Marketing, employee and technology expense growth relative to revenue.
  • Evidence of higher monetization from financing, inspections, insurance and dealer software services.
  • Prioritize expansion in high-vehicle-turnover cities where physical inspections and auctions can deepen dealer liquidity.
  • Use incremental cash flow to improve vehicle-condition data, pricing tools, financing integrations and dealer CRM products.
  • Cross-sell insurance, inspection, certification, auction and lead-generation services to raise take rates.
  • Maintain disciplined location economics, with expansion paced to contribution margins rather than headline footprint growth.
  • Highlight recurring dealer and marketplace revenue mix to support investor confidence in margin durability.