🚗 @Car_Trade posts strong Q1 growth 👇
CarTrade reported a 20.6% YoY rise in consolidated net profit to ₹56.8 Cr, while operating revenue grew 16.3% YoY to ₹201.2 Cr in Q1 FY27.
The company also launched VAYA AI during the quarter and announced a strategic partnership with Spinny to expand used-car buying and selling across CarWale and OLX India.
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#News #CarTrade #Earnings #AutoTech #StartupNews
Finsbury Park yesterday. The dhol carrying the chants, the whole street in step with it.
Arsenal’s first Premier League title in 22 years, and London did what London does.
@timstillman_@timstillman_ you are my favourite content writer from the Arsenal universe. Thank you for writing so sensibly and for over such a long period of time. Stillberto rocks
For everyone who suffered through 8-2.
For everyone who half 6 at Stamford Bridge in Wenger’s 1,000th game.
For everyone who suffered through Baku.
For everyone who had to go to school after conceding 10 to Bayern.
Today is for you. Drink it all in. We deserve this.
Say whatever the fuck you want about Gyokeres but he ran his bollocks off tonight and fought for every fucking ball. Playing for the badge is something I will always respect.
Don’t lose sight of the true goal; winning the Premier League changes the trajectory of our football club. #Arsenal have to get over the line, and an FA Cup win was a nice to have. No excuses can be made for last night, but it’s time to lock in and focus on the biggest prize.
Nomura on cartrade
Maintain buy with Tp of Rs 3026(+78%)
AI is being layered across CarTrade platforms with clear focus on monetisation
OLX and CarWale integration can unlock stronger cross selling opportunities
Used car buying could start with just a photo with AI matching buyers instantly
85M plus users is the real moat AI helps convert traffic into revenue
#StockMarket #Investing #AI #DalalStreet
CarTrade Tech is what happens when you give software engineers a problem nobody solved: connecting 350+ million vehicle buyers and sellers in India through technology. CarWale. BikeWale. Shriram Automall. OLX India. Adroit Auto. These aren't cute startup names. They're the infrastructure of India's ₹500,000-crore-a-year automotive market.
The company facilitates transactions—not as a dealer (asset-light), not as a retailer (no inventory), but as a platform. A consumer looking to buy a used car logs on CarWale. A dealer lists inventory. CarTrade takes a transaction fee. Same with auctions. Same with the classifieds. Same with financing marketplace architecture. It's SAAS for cars, except instead of monthly subscriptions, they get 3-5% of transaction value.
For context: India sold ~3.8 million vehicles in FY25. That's ₹5-7 lakh crores in retail transactions (rough math). CarTrade's ₹746 crore annual revenue means they're taking maybe 1-1.5% wallet share of that market. Plenty of sand still left in the sandbox.
Q3 FY26 hit a record. Management calls it "almost 12 quarters" of consistency. The company is no longer bleeding. It's printing. And somehow, the market decided that's the exact moment to cut the stock by 38% from highs. Welcome to India's equity markets—where good news trades at 38x P/E and bad news also trades at 38x P/E.
The Concall Vibe Check (Feb 2026): Management sounded almost bored describing record quarters. "By far our highest-ever EBITDA," they said, as if reporting that it rained again. No hype. No emoji. Just data. And somehow that's making institutional investors sweat. Old habits die hard.
https://t.co/AZQd6Nj1HP