Cartrade Tech Limited CC-Mar25.pdf · 2025-05-07
Sir, just a couple of questions. First on the consumer group business, now you have spoken about the inherent operating leverage that is present in our business economies, right. And if you look at the classified business outside of India, so dominant classified business in car classifieds operator at north of 40%, 50% EBITDA margin. Even in other categories where there are businesses which dominate in classifieds business, they operate at significantly higher margins, right? So if we were to continue to grow at the 20% rate or slightly higher tha t we are anticipating, would you say that we are quite far from saturation of EBITDA margin s in our business? And if you were to look at the number, say three, four years down the line, what would be a realistic target of EBITDA margin that you would have in the car classifieds business?
So best in the world is quite an aspiration, right, like you said, the best in the world are operating at significantly higher, so good to know this. S econd on the OLX piece, while we have a very large base of users who come and use our platform, at least one big challenge in India has been monetization of users, right, where the average revenue per user has been fairly low for a lot of platforms. What kind of challenges do you anticipate in monetization of your traffic on OLX? And what are the things that you are doing to improve that? If you could just give us specific examples, that would be very helpful. Thanks.