1. At a Glance
CarTrade’s stock just hit ₹2,115, up 127% in a year. FY25 revenue jumped 28% to ₹711 Cr, and PAT exploded 627% to ₹145 Cr. Q1 FY26 continued the party with PAT up 106%. The company has turned from a loss-making auctioneer to a tech-savvy profit machine.
2. Introduction
Picture a scrapyard where old cars get auctioned, and suddenly Tesla walks in with AI. That’s CarTrade in FY25. From acquiring OLX India to launching CarTrade Labs, the company finally found its nitrous boost. Two key stats to chew: 28% revenue growth and 6x profit surge in FY25. Investors are now revving engines.
3. Business Model (WTF Do They Even Do?)
CarTrade’s model is part‑classifieds, part‑auction, part‑magic:
- Consumer Platforms – CarWale, BikeWale, CarTrade.com bring buyers and sellers together.
- Remarketing/Auction – Shriram Automall handles B2B auctions for used vehicles.
- Classifieds (OLX India) – ads galore for cars, bikes, everything with wheels.
Revenue streams
