Financial Performance Highlights (Consolidated FY26)
- Total Revenue: ₹870 crore (22% YoY growth from ₹641.5 crore)
- EBITDA: ₹257 crore (70% YoY growth)
- EBITDA Margin: 33% (expanded from 24% in FY25)
- Profit After Tax: ₹244 crore (68% YoY growth from ₹145.3 crore)
- Cash Reserves: ₹1,244 crore
- Debt Profile: Zero debt
- Return on Equity: 10%
- Earnings Per Share: ₹46.80 (Basic), ₹44.60 (Diluted)
Segment-wise Performance
Consumer Group (CarWale, BikeWale, CarTrade, abSure)
- Revenue: ₹308 crore (30% growth)
- PAT: ₹115 crore (55% growth)
- EBITDA Margin: 38%
- 50M+ monthly unique visitors, 92% organic traffic
- Hosts 63% of India's used car listings
Remarketing Business (Shriram Automall, CarTrade Exchange, Adroit Auto)
- Revenue: ₹259 crore (22% growth)
- PAT: ₹46 crore (66% growth)
- EBITDA Margin: 28%
- 1.7M+ auction listings
- 135 Automalls across India
- 200,000+ registered buyers
OLX India
- Revenue: ₹218 crore (13% growth)
- PAT: ₹82 crore (77% growth)
- EBITDA Margin: 31%
- 173M+ annual unique visitors
- 100% organic traffic
- 2.3B+ chats on the platform
Operational Metrics
- Average Monthly Unique Visitors: 80M+ across platforms
- Organic Traffic: 95%+
- Physical Locations: 500+ across Automalls, abSure, and OLX India outlets
- Annual Unique Visitors: 150M+
- Auction Listings: 1.7M+
ESG and Sustainability Performance (BRSR Report)
Human Resources:
- Total Employees: 789 permanent employees
- Human Rights Training Coverage: 97.08% of employees
- Zero human rights complaints across all categories
- 100% payment above minimum wage
Environmental Performance:
- Total Energy Consumption: 2,196.08 GJ
- GHG Emissions: Scope 1 - 64.88 metric tonnes CO2e, Scope 2 - 428.20 metric tonnes CO2e
- Water Withdrawal: 13,996.80 KL
- Waste Generated: 124.54 metric tonnes (74.58 MT composted, 49.96 MT landfilled)
Regulatory and Compliance Matters
- AGM Details: 26th Annual General Meeting scheduled for September 25, 2026 via video conference with e-voting from September 22-24, 2026
- Auditor Opinion: S.R. Batliboi & Associates LLP issued unmodified audit opinion confirming true and fair view of financial statements
- GST Dispute: Material contingent liability of ₹14.8 crore from Directorate General of GST Intelligence for FY20-23; management believes demand is not maintainable and plans to appeal
- Software Migration: Successfully migrated accounting system to Oracle NetSuite in October 2025
- Internal Controls: Adequate internal financial controls operating effectively as of March 31, 2026
Corporate Governance
- Board comprises 7 Directors with 57% independent directors
- 28.57% gender diversity on board
- 5 Board committees (Audit, Nomination & Remuneration, Stakeholders' Relationship, Risk Management, CSR)
- Comprehensive policy framework including Code of Conduct, Risk Management, Whistle Blower
Capital Structure and Shareholding
- Equity Share Capital: ₹4,787.81 lakhs (4,78,78,035 shares of ₹10 each)
- 44,200 equity shares allotted during year through ESOP exercise
- Share-based payment expense: ₹622.28 lakhs
- No dividend recommended for FY26
Subsidiaries and Investments
Material unlisted subsidiaries:
- Shriram Automall India Limited (55.43% owned)
- Sobek Auto India Private Limited (100% owned)
Other subsidiaries: CarTradeExchange Solutions, Adroit Inspection Services, Augeo Asset Management, CarTrade Foundation, CarTrade Finance
Forward-looking Commitments
- Implementation of structured human rights due diligence framework
- Exploration of opportunities for reducing carbon footprint
- Continued strengthening of policies and processes for ethical practices
- Zero debt business model with strong cash reserves of ₹1,244 crore
Assurance and Verification
- BRSR Core metrics assured by Dhir & Dhir Associates
- Financial statements audited by S.R. Batliboi & Associates LLP
- Key audit matters included impairment testing of goodwill and investments in subsidiaries
- No material orders passed by regulators/courts affecting going concern status