Cartrade Tech Limited

Vinay Sanghi

CHAIRMAN AND MANAGING DIRECTOR

30%

lide number 3 of the presentation. I have great news, informing you we've grown revenues by about 30% in H1; adjusted EBITDA grew by 47% in the first half of the year as well. And of course, the adjus

47%

I have great news, informing you we've grown revenues by about 30% in H1; adjusted EBITDA grew by 47% in the first half of the year as well. And of course, the adjusted PAT which is Profit After Tax n

80%

f course, the adjusted PAT which is Profit After Tax not including deferred tax and ESOP by about 80%. We continue to be the number one two-wheeler automobile portal in India. We are now 190 plus phys

1.2 million

utomalls and abSure outlets. Annualized auction rate, we did over 300,000 in Q3, which takes us to 1.2 million auction listings per year. Last quarter, we recorded 37 million unique visitors on our platforms,

37 million

300,000 in Q3, which takes us to 1.2 million auction listings per year. Last quarter, we recorded 37 million unique visitors on our platforms, which is our highest traffic, consumer traffic in a quarter. Wha

86.6%

latforms, which is our highest traffic, consumer traffic in a quarter. What is more remarkable is, 86.6% of them still come organically, which means we don't pay for that traffic. The revenues in H1 was

INR195.3 crore

of them still come organically, which means we don't pay for that traffic. The revenues in H1 was INR195.3 crores or $1.9 billion. Adjusted EBITDA for H1 was INR485 million or INR48.5 crore, and adjusted PAT was

1.9 billion

organically, which means we don't pay for that traffic. The revenues in H1 was INR195.3 crores or $1.9 billion. Adjusted EBITDA for H1 was INR485 million or INR48.5 crore, and adjusted PAT was about almost INR

INR485 million

r that traffic. The revenues in H1 was INR195.3 crores or $1.9 billion. Adjusted EBITDA for H1 was INR485 million or INR48.5 crore, and adjusted PAT was about almost INR28 crores for H1. We continue to have stron

INR48.5 crore

e revenues in H1 was INR195.3 crores or $1.9 billion. Adjusted EBITDA for H1 was INR485 million or INR48.5 crore, and adjusted PAT was about almost INR28 crores for H1. We continue to have strong cash balance,

INR28 crore

ion. Adjusted EBITDA for H1 was INR485 million or INR48.5 crore, and adjusted PAT was about almost INR28 crores for H1. We continue to have strong cash balance, debts, being debt free with almost over INR1000

INR1000 crore

28 crores for H1. We continue to have strong cash balance, debts, being debt free with almost over INR1000 crores as investable surplus. If you go to Slide 4, it breaks down the consolidated financials of the c

“And there will be an opportunity for you to ask questions after the presentation concludes.”

“We believe that with the markets, I think as and when, repossession of vehicles goes back to normal, which will happen in due course, I think, obviously, Shriram Automall will be a gainer in that process.”

“So, in terms of outlook, do you expect to go back to that double-digit growth levels for the auction volumes in the coming quarters?”

“Or do you think that may take some time, probably next year, we may start seeing some improvement in overall volumes?”

“Do you expect that, should we expect reasonable improvement in terms of trend from the current levels, or this is largely the trend we should expect?”

“So, I had a couple of questions on the actual business in terms of how the guidance has changed.”

“When can we expect, like we start to see some numbers here, right?”

“And over the next few months, we'll see if we can get a target business, which can give us a product or a service in these adjacencies, which will help all these car and two- wheeler buyers on our platform.”

“Of course, in a specific duration of time, if we're not able to get these target companies or investments or acquisitions done, we would look to obviously, distribute parts of that liquid surplus.”

“So, if you can throw some color into what is happening there, in terms of competition, that will be helpful.”

Vinay Sanghi

19

Vijit Jain

10

Aneesha Menon

9

Moderator

5

Sachin Dixit

3

Ankit Kanodia

3

Karthi Keyan

2

Abhishek Singh

2

Siddhartha Bera

1

Vinay Sanghi

Ladies and gentlemen, good day and welcome to Q2 FY23 Earnings Conference Call of CarTrade Tech Limited. This conference call may contain forward-looking statements about the company, which are based on the belief, opinions and expectations of the company as on date of this call. These statements are not the guarantee of future performance and involve risks and uncertainties that are difficult to predict. As a reminder, all participant lines will be in the listen-only mode. And there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing “*” then “0” on your touch-tone phone. Please note, that this conference is being recorded. I now hand the conference over to Mr. Vinay Sanghi, Chairman and Managing Director, CarTrade Tech Limited. Thank you, and over to you, sir. Thank you. Good afternoon, everybody and I like to welcome you all to this Q2 call. We have you know, up