CarTrade Tech Ltd. Share Price

CarTrade Tech Ltd. – Strong Recovery & Bullish Reversal

CARTRADE CarTrade Tech has witnessed a sharp recovery with a strong bullish candle, gaining nearly 8.5% in the latest session. The bounce from recent lows indicates renewed buying interest, but sustaining above immediate resistance is important for further upside. 🔎 Technical View: • Strong bullish recovery with volume support • Rebound after a sharp correction • Momentum improving, but trend confirmation is pending 🔑 Key Levels: • Support: ₹2,537–₹2,437 • Major Support: ₹2,165 • Resistance: ₹2,797–₹2,981 🚀 Upside Targets: ₹2,981 | ₹3,253 | ₹3,525 📉 Risk: A sustained break below ₹2,537 may weaken the recovery and invite fresh selling pressure. 📈 Trading View: Sustaining above ₹2,797 may strengthen bullish momentum and open the possibility of further upside. Watch volume and price action for confirmation. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊

CarTrade Tech operates platforms including CarWale,

CARTRADE Strengths - Strong digital brands: CarWale, BikeWale and OLX India have established brand recognition. - Large customer reach: The company reported approximately 76 million average monthly unique visitors in Q4 FY26. - Diversified business model: Revenue from consumer marketplaces, vehicle remarketing and OLX India. - Strong profitability: FY26 EBITDA increased 70% year-on-year to ₹257 crore. - Asset-light digital model: Online platforms allow the company to expand without owning large vehicle inventories. 2. Weaknesses - Dependence on the used-car and automobile market. - Revenue growth depends on dealer subscriptions, advertising, listings and transaction activity. - Competition can increase customer acquisition and marketing expenses. - Digital platforms need continuous technology investment. 3. Opportunities - Growing organised used-car market in India. - Increasing preference for online vehicle discovery and comparison. - Expansion of vehicle inspection, financing and transaction services. - Growth in used two-wheelers and commercial vehicle remarketing. - AI-powered vehicle pricing, customer recommendations and digital retail. 4. Threats - Competition from Cars24, Spinny, Droom and other online automotive platforms. - Competition from direct dealer networks and offline used-car markets. - Economic slowdown can reduce vehicle purchases and advertising budgets. - Changes in digital advertising costs and search engine algorithms. - Consumer trust issues involving used-car condition, pricing and documentation. - Regulatory changes affecting online marketplaces and vehicle transactions. - Acquisition and expansion costs may affect returns on capital.

CarTrade Tech tumbles 12% on profit‑booking wave

CARTRADE CarTrade Tech Ltd (CARTRADE) fell sharply by 12% on 28 Oct 2026, closing near ₹2,320, after investors booked profits following its strong multi‑week rally. 📉 Market Snapshot CMP: ₹2,320 (–12.0%) Previous Close: ₹2,636 Sector: Auto‑Tech & Digital Marketplace Volume: 3.2× average daily turnover → heavy selling pressure Market Cap: ₹10,800 Cr 🧾 Key Drivers Behind the Drop Profit‑Booking: After a ~35% rise in October, traders locked gains ahead of month‑end. Valuation Concerns: Analysts flagged stretched P/E multiples post AI‑valuation platform launch. Mixed Sector Sentiment: Auto‑tech peers like Cars24 and Droom also saw corrections. Technical Resistance: Stock failed to sustain above ₹2,600 zone → triggered short‑term sell signals. 📊 Recent Fundamentals Q4 FY26 Revenue: ₹198.3 Cr (+13.4% YoY) Net Profit: ₹42.6 Cr (+27.8% YoY) EBITDA Margin: 28.1% (up 140 bps YoY) EPS: ₹8.15 (+25.6% YoY) AI Valuation Platform: Fully integrated across CarWale, BikeWale & CarTrade Exchange. ⚠️ Technical Outlook Indicator Signal Comment RSI 41 (Neutral) Room for further correction if below 40 MACD Bearish cross Short‑term downtrend confirmed Support Zone ₹2,280 – ₹2,300 Key level to watch Resistance ₹2,600 – ₹2,650 Profit‑booking trigger area 💡 Investor Takeaways Short‑Term: Expect volatility between ₹2,280–₹2,450. Medium‑Term: Fundamentals remain strong; AI valuation platform and EV analytics offer growth potential. Long‑Term: Correction may offer re‑entry opportunity near support zones.

Q2 FY27 Posts Record Rs.236 Cr Revenue and Rs.85 Cr PBT

CARTRADE Expected to be strongest quarter historically, buoyed by full festive season activity. Growth Projections: OLX segment revenue growth targeted at 30%-35% in coming quarters. Strategic Initiatives: Launch of "VAYA World" to connect OEMs, dealers and buyers; evolution of OLX into commerce model with escrow, logistics, and inspections. Long-Term Goal: Targeting annual profits of Rs.1,000 crores within 4-5 years. M&A Approach: Actively seeking acquisition opportunities but maintaining valuation discipline. Record Revenue: Highest-ever quarterly total income of Rs.236 crores with 12% sequential revenue growth to Rs.213 crores. Profitability: Profit Before Tax at Rs.85 crores and EBITDA margin expansion to 36%, up from 31% prior quarter. Segment Growth: Consumer Group revenue up 4% YoY with 41% EBITDA margin; Remarketing revenue +12% YoY with PAT +47%; OLX India revenue +26% YoY and EBITDA margin at 32%. Cash Position: Zero debt and cash reserves exceeding Rs.1,401 crores.

CarTrade Tech Q2 FY27 total income hits record ₹236 crore

CarTrade Tech Limited (NSE: CARTRADE) CARTRADE reported record consolidated total income of ₹236 crore for the quarter ended September 30, 2026 (Q2 FY27). Profit after tax was ₹66 crore. What happened: Revenue from operations rose to ₹213.09 crore from ₹193.41 crore a year ago, about 10% higher (my calculation). Profit before tax was ₹85 crore and adjusted EBITDA was ₹106 crore. Cash reserves are ₹1,401 crore, with no debt. Why it matters: Total income minus operating revenue leaves about ₹23 crore (my calculation). That is non-operating income, roughly 10% of the headline figure. The data I have does not break it down, so part of the “record” is not from the core platforms. My view: In Q1 FY27, total income was ₹230 crore, up 16% YoY. Operating revenue growth of about 10% in Q2 is slower than that. Total income is up about 2.6% from Q1 to Q2 (my calculation). So growth is steady, not accelerating. Profit holds up because costs are controlled. Adjusted EBITDA is about 50% of operating revenue (my calculation), which is a high margin for a listings business. I have not checked how the company defines adjusted EBITDA, so I would not read much into it yet. What I am watching: festive season vehicle sales over the next 0-3 months, and lead conversion on CarWale, BikeWale and OLX India. A slowdown in new vehicle demand would hit lead generation revenue first. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.

Q2FY27 Quarterly Result Announced for CarTrade Tech Ltd.

Q2FY27 Quarterly Result Announced for CarTrade Tech Ltd. CARTRADE SEBI RA – Shubh Consultancy – Sunil Kotak – INH000015826 Internet & Catalogue Retail company CarTrade Tech announced Q2FY27 results Consolidated Financial Highlights: Revenue from operations stood at Rs 21,309.18 lakh for Q2FY27, showing a QoQ growth of +5.93% from Rs 20,116.32 lakh in Q1FY27 and a YoY growth of +10.17% from Rs 19,341.26 lakh in Q2FY26. For H1FY27, revenue from operations reached Rs 41,425.50 lakh, increasing by +13.04% YoY compared to Rs 36,645.23 lakh in H1FY26. Total income was recorded at Rs 23,622.60 lakh for Q2FY27, up by +2.82% QoQ from Rs 22,973.82 lakh in Q1FY27 and up by +6.34% YoY from Rs 22,214.40 lakh in Q2FY26. For H1FY27, total income stood at Rs 46,596.42 lakh, a growth of +10.77% YoY from Rs 42,064.48 lakh in H1FY26. Profit before tax (PBT) for Q2FY27 reached Rs 8,544.81 lakh, a QoQ increase of +14.67% from Rs 7,451.72 lakh in Q1FY27 and a YoY increase of +6.91% from Rs 7,992.47 lakh in Q2FY26. For H1FY27, PBT was reported at Rs 15,996.53 lakh, showing a YoY growth of +16.90% from Rs 13,683.73 lakh in H1FY26. Profit after tax (PAT) stood at Rs 6,595.49 lakh for Q2FY27, increasing by +16.21% QoQ compared to Rs 5,675.29 lakh in Q1FY27 and expanding by +2.93% YoY from Rs 6,407.59 lakh in Q2FY26. For H1FY27, PAT registered at Rs 12,270.78 lakh, up by +10.41% YoY against Rs 11,113.91 lakh in H1FY26. Earnings Per Equity Share (EPS) - Basic was Rs 12.30 for Q2FY27, indicating a QoQ increase of +15.06% from Rs 10.69 in Q1FY27 and a YoY decline of -2.07% from Rs 12.56 in Q2FY26. For H1FY27, basic EPS was Rs 22.99, rising by +6.48% YoY from Rs 21.59 in H1FY26. All this is for information This is not a buy/sell recommendation. SEBI RA – Shubh Consultancy – Sunil Kotak – INH000015826 Thank you, Technofunda24