CarTrade Tech is an Indian online auto platform where people engage in buying and selling both new and used vehicles. Founded in 2009, it is headquartered in Mumbai.
The market capitalisation of CarTrade Tech stood at more than ₹3,400 crore as of December 27, 2023. CarTrade share price has gained around 60% in the last one year.
Business operations
CarTrade Tech runs multiple brands on platforms such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto and OLX. These platforms facilitate transactions for new and used vehicle customers, dealerships, vehicle manufacturers and other businesses involved in buying and selling automobiles. The company witnesses over 3.4 crore monthly visitors across all its platforms.
CarWale serves customers seeking new or used cars, providing tools like reviews, price guides and connections to dealerships or original equipment manufacturers (OEMs). It's a hub for buyers, sellers and businesses to showcase vehicles and reach a wide audience. The manufacturers can also list their products and services on CarWale. It helps OEMs increase their brand presence and provides valuable consumer insights and data-driven solutions.
Car Trade Tech-owned OLX is India's largest online classifieds platform, connecting buyers and sellers across categories like auto, real estate and electronics. Users have the option to list their products for sale on the platform, enabling potential buyers to directly connect.
OLX Autos, an integral part of the OLX classifieds portal, is an online transaction platform specifically designed for consumers to effortlessly sell their used cars.
Shriram Automall offers quick solutions for selling vehicles to diverse entities like sellers, banks, dealers and leasing companies through online and offline auctions. With a widespread presence across India, Shriram Automall provides a comprehensive online-offline solution with over 130 automalls nationwide.
Adroit Auto specialises in inspections and valuations, assisting insurance and banking companies in evaluating automobiles for insurance coverage or loan collateral. Adroit Auto offers customised technology solutions to a range of partners including OEMs, banks, NBFCs, insurance firms, leasing companies and fleet owners. These applications are specifically designed based on the requirements of each business partner.
BikeWale is like CarWale but focuses on two-wheelers, aiding customers in their buying journey and providing finance solutions. The platform gives customers comprehensive content and research tools, including reviews, precise on-road prices, two-wheeler specifications, images and finance options. Customers looking for a new two-wheeler can indicate their interest and the platform facilitates connections with suitable new dealers.
CarTrade Infotech provides software solutions catering to dealership management, financing, digital presence and used vehicle trade.
CarTrade Ventures seeks to invest in innovative automotive tech and services, ensuring growth in the industry. Meanwhile, CarWale abSure (Absolutely Sure) is a used car platform ensuring quality through a stringent inspection process and offering guarantees for buyers and sellers.
Cartrade Tech Financial Highlights
- Revenue: Cartrade Tech reported revenue of ₹869.77 crore in FY26 vs ₹711.34 crore in FY25. It showed an increase of 22.27% on a yearly basis.
- Operating Profit: Cartrade Tech reported an operating profit of ₹289.83 crore in FY26 vs ₹168.36 crore in FY25. It showed an increase of 72.15% on a year-on-year basis.
- Net Profit: Cartrade Tech reported a net profit of ₹243.51 crore in FY26 vs ₹145.27 crore in FY25. It showed an increase of 67.63% on a yearly basis.
Cartrade Tech Quarterly Result Highlights
- Cartrade Tech reported revenue of ₹229.74 crore in Jun 2026, compared with ₹220.75 crore in Mar 2026, representing an increase of 4.07% on a quarter-on-quarter (QoQ) basis.
- Cartrade Tech reported an operating profit of ₹74.52 crore in Jun 2026, compared with ₹75.00 crore in Mar 2026, representing a decrease of 0.64% on a quarter-on-quarter (QoQ) basis.
- Cartrade Tech reported a profit of ₹56.75 crore in Jun 2026, compared with ₹70.85 crore in Mar 2026, reflecting a decrease of 19.90% on a QoQ basis.
- The earnings per share (EPS) of Cartrade Tech stood at ₹46.80 during Jun 2026.
Data Source: BSE, Company announcements
Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.
