Cartrade Tech Ltd Share Price – NSE /  BSE

Retail, Small Cap

Cartrade Tech announced the launch of SuperDost: an AI-powered transaction tool designed to power instant transactions between high-intent buyers and sellers for Automobiles and Used Products.

SuperDost is a live AI Agent which operationalizes the 'Matchmaker' strategy by leveraging the combined scale and proprietary data of over 85 million unique monthly visitors across OLX India and CarWale to drive real-time and Instant, high-intent transactions between buyers and sellers for Automobiles and Used Products.

SuperDost is designed for instant, intelligent matchmaking at scale, bringing together the Company's Consumers, Dealers and Partners across Automobiles and Used Products within a unified AI-powered interface. It Real-Time connects the most relevant, high-intent buyers and sellers across the platforms.

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SpiceJet Ltd, Le Travenues Technology Ltd, L&T Technology Services Ltd and Affle 3i Ltd are among the other losers in the BSE's 'A' group today, 24 February 2026.

Cartrade Tech Ltd crashed 10.03% to Rs 1800 at 14:45 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 24200 shares were traded on the counter so far as against the average daily volumes of 32887 shares in the past one month.

SpiceJet Ltd lost 8.64% to Rs 14.48. The stock was the second biggest loser in 'A' group.On the BSE, 221.03 lakh shares were traded on the counter so far as against the average daily volumes of 120.74 lakh shares in the past one month.

Le Travenues Technology Ltd tumbled 8.38% to Rs 164.5. The stock was the third biggest loser in 'A' group.On the BSE, 1.83 lakh shares were traded on the counter so far as against the average daily volumes of 1.5 lakh shares in the past one month.

L&T Technology Services Ltd shed 8.22% to Rs 3155.2. The stock was the fourth biggest loser in 'A' group.On the BSE, 11675 shares were traded on the counter so far as against the average daily volumes of 12715 shares in the past one month.

Affle 3i Ltd pared 7.16% to Rs 1401. The stock was the fifth biggest loser in 'A' group.On the BSE, 15556 shares were traded on the counter so far as against the average daily volumes of 34500 shares in the past one month.

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The company said it will deploy a fleet of specialised AI agents across its core brands, including CarWale, BikeWale, OLX India, and Shriram Automall India. These AI agents will manage end-to-end digital interactions such as vehicle discovery, pricing recommendations, trade-ins, loan approvals, listing assistance, buyer-seller matchmaking, bidding and transaction support.

On its consumer platforms CarWale and BikeWale, the AI-powered Sales Agent will guide users through the full retail journey, from discovery to financing. On OLX India, multiple AI agents will assist in pricing, matching buyers and sellers, and improving hyperlocal discovery. At Shriram Automall, AI-led buying and bidding tools will streamline auctions and cross-geography transactions.

CarTrade Tech said each of CarWale, BikeWale and OLX India attracts over 150 million annual users, with nearly 95% of traffic generated organically, underscoring brand stickiness and network strength. The company plans to leverage over a decade of proprietary data to enhance transaction velocity and customer outcomes.

Financially, the company highlighted a three-year revenue CAGR of 32% and a profit after tax CAGR of 83%. Consolidated total income has reached an annualised run rate of around Rs 1,000 crore in Q3 FY26, while the balance sheet remains strong with over Rs 1,145 crore in cash and minimal capital expenditure needs.

The company said the AI-led transformation is designed to deepen engagement, improve conversion rates and unlock further operating leverage as the company moves into its next phase of growth.

CarTrade Tech reported a 4% decline in consolidated net profit to Rs 61.52 crore on a 2.8% rise in total income from operations to Rs 228.38 crore in Q3 FY26 over Q2 FY26.

On a year-on-year (YoY) basis, the company?s net profit and revenue jumped 35.12%, and total income rose 18.36% in Q3 FY26.

CarTrade Tech is India's largest digital marketplace ecosystem, operating multiple platforms including CarWale, BikeWale, CarTrade, OLX India, Shriram Automall, CarTrade Exchange, and Adroit Auto. These platforms empower millions of users, including consumers, dealers, OEMs, and enterprises, to buy and sell vehicles, real estate, electronics, mobile phones, furniture, and more with ease and efficiency.

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On a year-on-year (YoY) basis, the company?s net profit and revenue jumped 35.12%, and total income rose 18.36% in Q3 FY26.

EBITDA rose 56% YoY to Rs 78.25 crore in Q3 FY26 compared with Rs 50.08 crore in Q3 FY25, with margins expanding to 37% in Q3 FY26 from 28% in Q3 FY25.

The company reported profit before exceptional items and tax of Rs 84.50 crore in Q3 FY26, compared with Rs 53.39 crore in the year-ago period. The quarter included exceptional items of Rs 6.51 crore, mainly on account of incremental provisions towards gratuity and compensated absences following the implementation of the labour codes.

The Consumer Group business continued to scale profitably, delivering 27% YoY growth in revenue and 17% YoY growth in PAT.

The Remarketing Business also posted solid numbers with 12% YoY growth in revenue and 68% YoY growth in PAT.

Meanwhile, OLX India maintained strong momentum, posting 18% YoY growth in revenue and a remarkable 37% YoY rise in PAT.

During the quarter, CarTrade Tech attracted approximately 85 million average monthly unique visitors, with 95% of the traffic being organic, highlighting its strong brand equity and content leadership.

The company now has a presence across 500+ physical locations through Shriram Automall, CarWale abSure and Signature dealerships, and OLX India franchise outlets, further enhancing its nationwide presence and enabling effective last-mile connectivity.

Its flagship digital platforms?CarWale, BikeWale, and OLX India?each cater to more than 150 million annual unique visitors, underscoring the scale and depth of engagement across the ecosystem.

The remarketing business achieved an annualized run rate of 1.9 million auction listings, reaffirming its leadership position in the vehicle remarketing space.

Vinay Sanghi, chairman and founder of CarTrade Tech, said, We are pleased to deliver a record quarter, marked by strong operating leverage and our highest-ever revenues at 228 crores across each of our businesses. This translated into significant margin expansion, with EBITDA at 78.25 crores and margins reaching an all-time high of 37%. The consistent performance across quarters underscores the strength of our diversified digital ecosystem. We will continue to invest in future technologies and platform capabilities to deepen engagement.

CarTrade Tech is India's largest digital marketplace ecosystem, operating multiple platforms including CarWale, BikeWale, CarTrade, OLX India, Shriram Automall, CarTrade Exchange, and Adroit Auto. These platforms empower millions of users, including consumers, dealers, OEMs, and enterprises, to buy and sell vehicles, real estate, electronics, mobile phones, furniture, and more with ease and efficiency.

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