CARTRADE

CarTrade Tech Limited intimated the schedule of Analyst / Institutional Investor Meetings. The company will meet with B&K Conference on May 27, 2026, Axis Capital Conference on June 01, 2026, and Avendus Conference on June 15, 2026. All meetings will be physical and conducted in one-on-one/group format. No unpublished price sensitive information will be discussed during these meetings.

CarTrade Tech management expressed strong optimism for future growth, aiming for approximately INR1,000 crores in profit after tax (PAT) within the next 4-5 years, a 4x increase. They anticipate margin expansion across all businesses, with stable costs. Growth will be driven by new AI-powered monetization initiatives (Elite Buyer, Verification, Super Dost), expected to significantly boost revenue from consumers this quarter onwards. The company foresees continued growth in the automotive industry for 2-3 years and views AI as a massive opportunity, leveraging proprietary data. They hold INR1,244 crores in cash with no immediate M&A plans.