CARTRADENSEQ2 FY24November 09, 2023

Cartrade Tech Limited

2,945words
1turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
To, Department of Corporate Services, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Mumbai - 400001 Scrip Code: 543333 ISIN: INE290S01011 Dear Sir/Madam, Date: Nov
INR 129.98
e and BikeWale. (3) Indicates year of primary investment. (4) Acquired AISPL (Adroit) for a sum of INR 129.98mn. (5) Acquired 51% (55.43% on actual basis) of the paid-up share capital of SAMIL. (6) Includes fa
51%
tes year of primary investment. (4) Acquired AISPL (Adroit) for a sum of INR 129.98mn. (5) Acquired 51% (55.43% on actual basis) of the paid-up share capital of SAMIL. (6) Includes farm equipment, const
55.43%
ear of primary investment. (4) Acquired AISPL (Adroit) for a sum of INR 129.98mn. (5) Acquired 51% (55.43% on actual basis) of the paid-up share capital of SAMIL. (6) Includes farm equipment, construction
44%
categories (include Auto, Real estate, Mobiles/ Electronics, Furniture, etc). REVENUE GROWTH BY 44% & PROFIT AFTER TAX GROWTH BY 132%​ #1​ - Auto Portal in India(1) 90%+ Organic Unique Visitors in​
132%
state, Mobiles/ Electronics, Furniture, etc). REVENUE GROWTH BY 44% & PROFIT AFTER TAX GROWTH BY 132%​ #1​ - Auto Portal in India(1) 90%+ Organic Unique Visitors in​ Q2 FY24 ~70 Mn MAU(2) Across Pl
90%
e, etc). REVENUE GROWTH BY 44% & PROFIT AFTER TAX GROWTH BY 132%​ #1​ - Auto Portal in India(1) 90%+ Organic Unique Visitors in​ Q2 FY24 ~70 Mn MAU(2) Across Platforms ~100 Mn+ App Downloads 1.
695 Crore
abSure & OLX outlets​ 1,479 Mn INR Net Revenue Q2 FY24​ Debt free strong Cash balance of around 695 Crore INR Note: (1) Based on relative online search popularity on Google Trends when compared to our key
258%
23 September 30, 2022Y-o-Y March 31, 2023Income Revenue from operations 31,433.87 8,606.97 8,788.70 258%40,040.84 17,066.68 135%36,373.92 Less- Purchase of Stock-in-trade (Inc. Inventory Change)18,230.03
135%
-Y March 31, 2023Income Revenue from operations 31,433.87 8,606.97 8,788.70 258%40,040.84 17,066.68 135%36,373.92 Less- Purchase of Stock-in-trade (Inc. Inventory Change)18,230.03 - - 18,230.03 250.90 645
50%
Change)18,230.03 - - 18,230.03 250.90 645.90 Net revenue from operations13,203.84 8,606.97 8,788.70 50%21,810.81 16,815.78 30%35,728.02 Other income1,590.36 2,084.37 1,460.39 9%3,674.73 2,459.88 49%6,398
30%
,230.03 250.90 645.90 Net revenue from operations13,203.84 8,606.97 8,788.70 50%21,810.81 16,815.78 30%35,728.02 Other income1,590.36 2,084.37 1,460.39 9%3,674.73 2,459.88 49%6,398.25 Net Revenue14,794.2
Guidance — 1 items
Note
opening
Post the transition, from January1,2024, the tech cost will be incurred by Sobek on actuals basis.
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Speaking time
Note
1
Opening remarks
Note
(1) Based on relative online search popularity on Google Trends when compared to our key competitors over the period from April 2020 to September 2023 for CW, BW & CT (2) Monthly Average Unique visitor (MAU) that visit our websites or apps, across Carwale, Bikewale and CarTrade ~ 39 Mn MAU and on OLX ~ 31 Mn MAU. (3) FY24 auction listing - refers to Q2 FY24 Annualised listing for Remarketing business n o i t a t n e s e r P r o t s e v n I | d t L h c e T e d a r T r a C HALF YEAR ENDED FINANCIAL PERFORMANCE CARTRADE TECH CONSOLIDATED RESULTS (SEPTEMBER 2023) Amount in Rs lakhs Year ended September 30, 2023 June 30, 2023 September 30, 2022Y-o-Y September 30, 2023 September 30, 2022Y-o-Y March 31, 2023Income Revenue from operations 31,433.87 8,606.97 8,788.70 258%40,040.84 17,066.68 135%36,373.92 Less- Purchase of Stock-in-trade (Inc. Inventory Change)18,230.03 - - 18,230.03 250.90 645.90 Net revenue from operations13,203.84 8,606.97 8,788.70 50%21,810.81 16,815.78 30%35,728.02 Other in
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