Business Wire India CarTrade Tech Limited today announced its Multi-Agent AI Ecosystem, set to be rolled out across platforms over the coming months, a transformative technology initiative designed to enhance customer experience across its platforms while accelerating margin expansion. This announcement follows the Company’s strongest quarterly performance to date, with record quarterly revenue of Rs. 228 crore and a best-in-class 37% EBITDA margin in Q3 FY26. Building on this operating momentum, the Company is providing an update on the core strategic levers driving CarTrade Tech’s next phase of margin expansion and market dominance. Each of CarWale, BikeWale, and OLX India individually attracts over 150 million annual users, with approximately 95% of traffic generated organically a strong indicator of brand trust and platform stickiness. Importantly, user traffic continues to grow consistently on a monthly basis, reflecting sustained consumer engagement and expanding network effects. This scale advantage is further reinforced by over a decade of proprietary data across the ecosystem. While our Consumer, Remarketing, and OLX remain fundamentally strong, our strategic focus is on compounding this advantage through accelerated technological innovation. Over the coming months, we will launch a series of specialized AI agents designed to deliver a more differentiated and intelligent experience across all our platforms. By activating our data strengths through these AI capabilities, we aim to enhance transaction efficiency, improve customer outcomes, and deepen engagement across customer segments. The Multi-Agent AI Strategy CarTrade Tech is deploying a fleet of specialized AI agents across its core platforms. This multi- agent ecosystem is designed to fundamentally transform the Vehicle and Used products ecosystem. Consumer Group [CarWale and Bikewale] – “Sales Agent”: On CarWale and BikeWale, the AI agent will serve as a full digital agent managing the retail transaction loop, end-to-end. Capabilities include:
- Interactive and trusted vehicle discovery and specific inventory
- Instant trade-in prices and transactions
- Accurate pricing and offers
- Loan approvals through real-time integrations with financial partners
- Selling Agent to assist sellers in listing, price, certify and sell.
- Matchmaker Agent will instantly match the most relevant buyers and sellers helping them transact.
- Pricing Agent that shall provide dynamic price recommendations based on real-time market liquidity.
- Discovery Agent helping buyers find the product of their choice.
- Buying Agent helping buyers find vehicles, placing bids, pricing and purchasing.
- Bidding Agent shall enable cross geography purchase and sale seamlessly for buyers and sellers.
- Pricing Agent is a comprehensive guide that helps buyers and sellers transact.
- Revenue Growth: Consolidated Revenue has grown at a 32% CAGR over the last three years. Also, the Consolidated Total Income is reaching an annualized run rate of approximately Rs. 1,000 crore in Q3 FY26.
- Profitability Surge: Profit After Tax has grown at a 83% CAGR over the same period, expanding from Rs. 40 crore in FY23 to approximately Rs. 250 crore annualized in Q3 FY26.
- Margin Expansion: EBITDA margins have structurally improved from historical single digits to a record 37% in Q3 FY26. With a stable cost structure, incremental revenue is increasingly flowing directly to the bottom line.
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