Zerodha Broking holds 1.17% stake: Multibagger stock hits 52-week high after Q1FY26 revenue surges 27% & PAT rockets 106%, highest ever quarterly performance!

On Monday, shares of CarTrade Tech Limited jumped over 12 per cent and made a new 52-week high of Rs 2,129.90 per share from its previous closing of Rs 1,897.70 per share. The shares of the company saw a spurt in volume by more than 8 times on the BSE.

CarTrade Tech Limited has announced a robust financial performance for the first quarter of fiscal year 2026 (Q1FY26), ending June 30th, 2025. The company reported its highest-ever quarterly revenue, reaching Rs 198.50 crores, which signifies a substantial 27 per cent year-on-year (YoY) growth. Furthermore, Profit After Tax (PAT) witnessed an impressive surge of 106 per cent YoY, climbing to Rs 47.06 crores. This strong performance was echoed across its segments, with the Consumer Group achieving 32 per cent YoY revenue growth and 79 per cent YoY PAT growth, while the Remarketing Business demonstrated exceptional results with 36 per cent YoY revenue growth and a remarkable 258 per cent YoY PAT growth. OLX India also contributed significantly, showing a 71 per cent YoY increase in profits, benefiting from operational efficiencies and integration synergies.

The consolidated key highlights for Q1FY26 further underscore CarTrade Tech's impressive growth trajectory. Beyond the 27 per cent YoY revenue increase to Rs 198.50 crores, the company's EBITDA saw a significant jump of 98 per cent, reaching Rs 43.51 crores. Profit before tax for the quarter grew by an outstanding 132 per cent to Rs 56.91 crores, directly contributing to the 106 per cent YoY growth in profit after tax. These figures highlight the company's strong financial health and effective operational strategies.

Operationally, CarTrade Tech continues to expand its reach and strengthen its market leadership. During Q1FY26, the company attracted approximately 75 million average monthly unique visitors, with an impressive 95 per cent of this traffic being organic, a testament to its strong brand equity. The company has expanded its physical presence to over 500 locations across India, including Shriram Automall, CarWale abSure & Signature dealers, and OLX India franchisees, enhancing its pan-India network and last-mile connectivity. Its leading digital platforms—CarWale, BikeWale, and OLX India—each cater to more than 150 million annual unique visitors, demonstrating their extensive scale and deep user engagement. The remarketing business, a key growth driver, achieved an annualised run-rate of 1.4 million listings for auction, solidifying its leadership in vehicle remarketing.

About the Company

CarTrade Tech Limited stands as India's largest digital marketplace ecosystem, boasting a comprehensive suite of platforms including CarWale, BikeWale, CarTrade, OLX India, Shriram Automall, CarTrade Exchange, and Adroit Auto. These platforms collectively empower millions of users, encompassing consumers, dealers, OEMs, and various enterprises, to seamlessly buy and sell a diverse range of assets, from vehicles to real estate, electronics, mobile phones, and furniture. Demonstrating a formidable digital footprint, each of their three primary platforms—CarWale, BikeWale, and OLX India—attracted over 150 million yearly unique visitors, with an impressive 95 per cent of this traffic being organically generated in FY25. Additionally, their robust remarketing business achieved 1.4 million listings for auction during the same period, solidifying its market leadership.

The company has a market cap of over Rs 10,000 crore and as of June 2025, Zerodha Broking holds a 1.17 per cent stake in the company. The stock has given multibagger returns of over 160 per cent from its 52-week low of Rs 817.75 per share.

Disclaimer: The article is for informational purposes only and not investment advice.