CarTrade Tech Ltd (BOM:543333)

Q2 2026 Cartrade Tech Ltd Earnings Call Transcript

Oct 28, 2025 / 06:30 AM GMT

Release Date Price: ₹3129.95 (+17.50%)

Transcript

Key Points

Positve

CarTrade Tech Ltd (BOM:543333) reported a 109% increase in profits, reaching 64 crores for the quarter.
The company achieved its highest-ever consolidated revenue of 222 crores, marking a 29% growth.
The consumer group segment saw a 37% quarter-on-quarter growth, resulting in an 82% profit increase.
OLX India achieved its highest-ever revenues with a 17% growth and a 200% profit increase.
The company maintains a strong cash balance of 1080 crores, indicating robust financial health.

Negative

Despite the strong financial performance, the company's Return on Equity (ROE) was below the cost of capital at 6% last year.
There is concern about the impact of AI technologies like ChatGPT on user engagement with CarTrade's platforms.
The remarketing business, while growing, had a significant increase in employee costs, which went up by 35%.
The company faces competition from other digital platforms and traditional advertising channels.
There is uncertainty about the sustainability of current growth rates in the consumer business, especially with potential changes in market conditions.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CART.NS - Cartrade Tech Ltd
Q2 2026 Cartrade Tech Ltd Earnings Call
Oct 28, 2025 / 06:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to the Cartridge Tech Limited Q2 and H1 FY26 earning conference call organized by MUFG in India Private Limited. As a reminder, all participants lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing, then 0 on your touchstone phone.

Please note that this conference is being recorded.

I now hand the conference over to Mr. Ran Sumra from MSG in India Private Limited.

Thank you and over to you.

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Unidentified_2 [2

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