Cartrade Tech Limited — Q4FY26 earnings call summary

Filed 14 May 2026 · Official transcript

FY26 revenue grew 22%, EBITDA up 70%, margin at 33%, PAT up 68% to INR243 Cr
Consumer group revenue +30%, EBITDA +96%, PAT +55%; remarketing revenue +22%, EBITDA +57%, PAT +66%
FY27 outlook optimistic on growth across segments; margins expected to expand; INR1,000 Cr PAT target in 4-5 years
No immediate M&A plans; cash reserves INR1,244 Cr; ROE impacted by cash, potential shareholder returns in 2-3 years
Elite Buyer and Verification revenue currently small but expected to become significant this year
AI-driven matchmaking, pricing, and verification tools to enhance buyer-seller experience and monetization
Continuous efforts to improve dealer lead quality and conversion; pricing largely inflationary
AI seen as opportunity leveraging proprietary data and platform; no material risk from external AI platforms