Aurum PropTech Limited (AURUM)
₹232.37 -2.81% last close, 16 Oct
Q2 FY27 results
Aurum PropTech Limited reported Q2 FY27 results on 16 Oct 2026: revenue ₹130 Cr (+58.8% year on year), and net profit ₹4.3 Cr (against a loss a year earlier); the operating margin was 26.0%.
| Q2 FY27 (₹ Cr) | Value | YoY vs Q2 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹130 | +58.8% | — |
| Operating profit | ₹33.9 | +61.2% | — |
| Net profit | ₹4.3 | from loss | — |
| EPS (₹) | 0.52 | from loss | — |
| Operating margin | 26.0% | — | — |
- Turnaround: profit against a loss a year ago
- All of pre-tax profit came from other income or one-off items
Quality of profit: none of the pre-tax profit of ₹6.8 Cr came from the core business; all of it came from other income and one-off items.
Share price since the results: -2.8% (close before the filing to the latest close).
AURUM delivery percentage and bulk deals
NSE end-of-day data for
On Fri, 16 Oct 2026, 10.14% of the AURUM shares traded on NSE were taken to delivery, against the stock's own 20-session average of 57.14%. The price fell 2.81% on unusually low delivery. It traded 28.5 times its average daily volume. 4 bulk or block deals were reported in AURUM in the last 60 days: ₹29 Cr bought and ₹26 Cr sold.
Delivery in the last 5 sessions: 53.6% · 12.0% · 36.5% · 47.3% · 10.1%
| Date | Side | Counterparty | Value | Price | Quantity | Type |
|---|---|---|---|---|---|---|
| 16 Oct | Sell | Alphagrep Securities Private Limited | ₹14.32 Cr | ₹254.37 | 562,862 | Bulk |
| 16 Oct | Buy | Alphagrep Securities Private Limited | ₹14.32 Cr | ₹254.33 | 562,862 | Bulk |
| 15 Oct | Buy | Ajay Kumar Aggarwal | ₹14.72 Cr | ₹245.28 | 600,000 | Bulk |
| 15 Oct | Sell | Ajay Kumar Aggarwal | ₹11.91 Cr | ₹241.39 | 493,447 | Bulk |
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Aurum PropTech Limited submitted its quarterly Statement of Deviation or Variation under Regulation 32 for the quarter ended September 30, 2026. The company confirmed zero deviation or variation in the utilization of proceeds from its ₹343.56 crore (net) Rights Issue. Out of the allocated ₹339.07 crore across objects, funds have been deployed into identified investments (₹178.14 crore utilized of ₹196.12 crore modified allocation), inorganic growth and GCP (₹118.55 crore utilized of ₹118.67 crore), product development, and product marketing.
- Confirmed zero deviation or variation in utilization of ₹343.56 crore net Rights Issue proceeds
- ₹178.14 crore utilized for Identified Investments out of a modified allocation of ₹196.12 crore
- ₹118.55 crore utilized toward inorganic growth initiatives and general corporate purposes (allocation: ₹118.67 crore)
- Product development utilization stands at ₹9.59 crore against ₹13.87 crore modified allocation
Aurum PropTech released its Q2 FY27 investor presentation, reporting a 57% YoY growth in total income to ₹137 crore compared to ₹88 crore in Q2 FY26. Profitability improved significantly with Adjusted EBITDA margin expanding by 840 bps to 11.5% and PBT margin rising by 1270 bps to 4.8%. The Distribution segment led the topline contributing ₹70 crore (54% of revenue) with an ₹11 crore segment profit, while the Rental segment contributed ₹56 crore (43%). The company also noted that Housing.com financials will be integrated starting next quarter.
- Total income rose 57% YoY to ₹137 crore in Q2 FY27 from ₹88 crore in Q2 FY26
- Adjusted EBITDA margin expanded by 840 bps YoY to 11.5%
- PBT margin turned positive to 4.8%, an expansion of 1270 bps YoY
- Distribution segment revenue stood at ₹70 crore with segment profit of ₹11 crore
- Leads sold jumped 79% YoY to 1,71,571 with 10,560 active CRM licenses
Aurum PropTech reported a 57% YoY increase in consolidated total income to ₹137 crore for Q2 FY27, up from ₹88 crore in Q2 FY26. Adjusted EBITDA margin expanded by 840 bps YoY to 11.5%, while PBT margin turned positive to 4.8% from negative 7.9% in the prior year period. This marks the company's fourth consecutive quarter of positive PBT, driven by scaling across distribution and rental segments alongside the ongoing integration of Housing.com.
- Consolidated total income jumped 57% YoY to ₹137 crore in Q2 FY27 vs ₹88 crore in Q2 FY26
- Adjusted EBITDA margin expanded by 840 bps YoY from 3.1% to 11.5%
- PBT margin improved by 1,270 bps to 4.8% from negative 7.9% in Q2 FY26
- PropTiger segment recorded a 144% YoY surge in gross commission
- Aurum Analytica sold 1,71,500+ leads in Q2 FY27, delivering 79% YoY growth
Aurum PropTech announced the appointment of its CFO, Kunal Karan, as Chief Risk Officer alongside releasing its Q2 FY27 operational and financial highlights. Consolidated total income for Q2 FY27 rose 57% YoY to ₹137 crore, compared to ₹88 crore in Q2 FY26. Operating profitability expanded with Adjusted EBITDA margins rising 840 bps YoY to 11.5% and PBT margin reaching 4.8% (up 1,270 bps YoY). The company also highlighted the integration of Housing.com and operational traction across Sell.do, NestAway, and HelloWorld platforms.
- Q2 FY27 total income grew 57% YoY to ₹137 crore from ₹88 crore in Q2 FY26
- Adjusted EBITDA margin expanded by 840 bps YoY to 11.5%
- PBT margin turned positive to 4.8%, widening by 1,270 bps YoY
- CFO Kunal Karan appointed as Chief Risk Officer effective October 16, 2026
- Sell.do delivered ₹1.7 crore in new sales with 125 closures adding 980 licenses
Aurum PropTech reported a 57% YoY increase in Q2 FY27 consolidated total income to ₹137 crore, up from ₹88 crore in Q2 FY26. Adjusted EBITDA margins expanded by 840 bps YoY to 11.5%, while PBT margins improved 1,270 bps to 4.8%, marking its fourth consecutive quarter of positive PBT. Growth was driven across both Distribution (Sell.do adding 980 licenses, PropTiger gross commission up 144%) and Rental segments (HelloWorld occupancy at 82%, NestAway AI-led bookings up 7.6x QoQ). The company also noted ongoing integration of Housing.com into its PropTech ecosystem.
- Total income rose 57% YoY to ₹137 crore in Q2 FY27 from ₹88 crore in Q2 FY26
- Adjusted EBITDA margin expanded 840 bps YoY to 11.5%
- PBT margin turned positive to 4.8%, an expansion of 1,270 bps YoY
- PropTiger gross commissions grew 144% YoY, with 70 deals exceeding ₹2 crore
- Aurum Analytica sold 1,71,500+ leads, representing 79% YoY growth
Aurum PropTech reported a 57% YoY increase in Q2 FY27 consolidated total income to ₹137 crore, up from ₹88 crore in Q2 FY26. Adjusted EBITDA margins expanded by 840 bps YoY to 11.5%, while PBT margins improved 1,270 bps to 4.8%, marking its fourth consecutive quarter of positive PBT. Growth was driven across both Distribution (Sell.do adding 980 licenses, PropTiger gross commission up 144%) and Rental segments (HelloWorld occupancy at 82%, NestAway AI-led bookings up 7.6x QoQ). The company also noted ongoing integration of Housing.com into its PropTech ecosystem.
- Total income rose 57% YoY to ₹137 crore in Q2 FY27 from ₹88 crore in Q2 FY26
- Adjusted EBITDA margin expanded 840 bps YoY to 11.5%
- PBT margin turned positive to 4.8%, an expansion of 1,270 bps YoY
- PropTiger gross commissions grew 144% YoY, with 70 deals exceeding ₹2 crore
- Aurum Analytica sold 1,71,500+ leads, representing 79% YoY growth
Aurum PropTech has allotted 51,00,000 fully convertible warrants to its promoter, Aurum RealEstate Developers Limited, at an issue price of ₹231.421 per warrant. The total warrant issuance aggregates to ₹118.02 crore, representing approximately 12% of the company's current market capitalization of ₹985 crore. The company received an upfront payment of 25% (₹29.51 crore), with the remaining 75% payable within 18 months upon exercise. On full conversion, the promoter's fully diluted shareholding will increase from 38.22% to 40.56%.
- Allotment of 51,00,000 fully convertible warrants at ₹231.421 per warrant
- Total capital infusion of ₹118,02,47,100, of which 25% (₹29,50,61,775) was received upfront
- Promoter holding to rise from 38.22% to 40.56% on a fully diluted basis upon conversion
- Exercise window of up to 18 months from allotment date (October 13, 2026)
Aurum PropTech Limited has scheduled an earnings conference call for Friday, October 16, 2026, from 4:00 PM to 5:00 PM IST. The call will discuss financial and operational performance for the quarter and half-year ended September 30, 2026 (Q2 FY27). Senior management, including the Non-Executive Chairman, Executive Director, CFO, and Deputy CFO, will host the digital session.
- Earnings call scheduled for Friday, October 16, 2026, at 04:00 p.m. IST
- Call will cover performance for the quarter and half-year ended September 30, 2026
- Session duration is planned from 4:00 PM to 5:00 PM IST via digital means
- Hosted by senior management including Chairman Ashish Deora and Executive Director Onkar Shetye
Aurum PropTech has completed the preferential allotment of 1,97,93,309 equity shares at ₹231.421 per share (aggregating to ₹458.06 crore) to REA India Pte. Limited. The issuance is for consideration other than cash to acquire a 100% stake in Locon Solutions Private Limited (operator of PropTiger/Housing platforms). Following this allotment, REA India's equity stake in Aurum PropTech jumps from 5.55% to 24.49% on a fully diluted basis. The total paid-up shares of Aurum increase from 7.68 crore to 9.66 crore shares.
- Allotted 1,97,93,309 equity shares at an issue price of ₹231.421 each (face value ₹5, premium ₹226.421).
- Total transaction value is ₹458.06 crore for acquiring 100% of Locon Solutions Private Limited.
- REA India's holding in Aurum increases significantly from 5.55% to 24.49% on a fully diluted basis.
- Paid-up share capital expanded from ₹38.26 crore to ₹48.16 crore, comprising 9,65,58,503 shares.
Aurum PropTech has completed the preferential allotment of 1,97,93,309 equity shares at ₹231.421 per share (aggregating to ₹458.06 crore) to REA India Pte. Limited. The issuance is for consideration other than cash to acquire a 100% stake in Locon Solutions Private Limited (operator of PropTiger/Housing platforms). Following this allotment, REA India's equity stake in Aurum PropTech jumps from 5.55% to 24.49% on a fully diluted basis. The total paid-up shares of Aurum increase from 7.68 crore to 9.66 crore shares.
- Allotted 1,97,93,309 equity shares at an issue price of ₹231.421 each (face value ₹5, premium ₹226.421).
- Total transaction value is ₹458.06 crore for acquiring 100% of Locon Solutions Private Limited.
- REA India's holding in Aurum increases significantly from 5.55% to 24.49% on a fully diluted basis.
- Paid-up share capital expanded from ₹38.26 crore to ₹48.16 crore, comprising 9,65,58,503 shares.
Aurum PropTech Limited submitted the scrutinizer's report and voting results for its 13th Annual General Meeting held on September 18, 2026. Shareholders approved all 5 resolutions, including the adoption of FY26 financial statements, reappointment of Executive Director Onkar Shetye, and remuneration for Non-Executive Directors in inadequacy of profits. Notably, shareholders also passed a special resolution approving variation in the objects of the rights issue and an ordinary resolution for material related party transactions, where 3,68,58,532 interested votes were classified as invalid.
- All 5 resolutions passed with over 99.9% approval among valid votes cast.
- Special resolution approving variation in the objects of the rights issue passed with 99.97% votes in favor.
- Material Related Party Transactions approved with 99.95% favorable votes among non-interested shareholders.
- 3,68,58,532 votes cast by interested parties (promoters/directors/KMPs) were declared invalid for the related party resolution.
- Total voter turnout was 50.14% of the 76,765,194 outstanding shares on record date September 11, 2026.
Aurum PropTech held its 13th Annual General Meeting on September 18, 2026, where all resolutions were approved by shareholders with the requisite majority. Key agenda items transacted included the adoption of FY26 financial statements and the reappointment of Whole-time Director Onkar Shetye. Shareholders also approved special resolutions concerning remuneration to Non-Executive Directors in case of inadequate profits, material related party transactions, and a variation in the objects of its previous Rights Issue. Detailed scrutinizer voting results will be disclosed separately.
- 13th Annual General Meeting concluded on September 18, 2026, between 2:00 PM and 4:00 PM IST
- All resolutions passed with requisite majority via remote e-voting and electronic voting at the AGM
- Remote e-voting was held from September 14, 2026 (9:00 AM) to September 17, 2026 (5:00 PM IST)
- Approved special resolutions for variation in Rights Issue objects and material related party transactions
Aurum PropTech submitted additional disclosures required by stock exchanges for its preferential issue approvals. The company is issuing 1,97,93,309 equity shares to acquire a 100% stake in Locon Solutions, which will expand REA India's fully diluted stake to 22.91%. In addition, the promoter Aurum RealEstate Developers is being allotted 51,00,000 convertible warrants to raise gross proceeds of ₹118.02 crore (~12.9% of market cap). Out of the proceeds, ₹90 crore is allocated towards subsidiary investments for working capital, product development, debt repayment, and scale-up.
- Gross proceeds of ₹118.02 crore to be raised through 51,00,000 fully convertible warrants to promoter entity
- Acquisition of 100% stake in Locon Solutions Private Limited via issuance of 1,97,93,309 equity shares
- REA India Pte Limited's stake to increase from 5.56% pre-issue to 22.91% on a post-issue fully diluted basis
- Promoter holding will change from 48.13% pre-issue to 39.89% post-issue on a fully diluted basis
- Proceeds deployed over 3 years: ₹45 crore for subsidiary working capital, ₹20 crore for tech/product R&D, ₹20 crore for expansion, and ₹14 crore for M&A
Aurum PropTech Limited has circulated the Notice of its 13th Annual General Meeting (AGM) along with the Annual Report for FY 2025-26. The AGM is scheduled to be held on September 18, 2026, via video conferencing. The annual filing highlights an ecosystem scale of 10+ products, 1,100+ developer network, 25,000+ active customers, and a rental capacity of 28,800+ units across 15+ cities. Statutory auditors have issued an unmodified opinion on the standalone financial statements for the year.
- 13th Annual General Meeting scheduled for September 18, 2026 via Video Conferencing
- Platform scale reported at 10+ products, 1,000+ team strength, and 1,100+ developer network
- Rental capacity reported at 28,800+ units with 25,000+ active customers across 15+ cities
- Statutory auditors issued an unmodified audit opinion with no material pending litigations
Aurum PropTech Limited has issued the notice for its 13th Annual General Meeting (AGM) scheduled for September 18, 2026, via video conferencing. Key agenda items include adoption of FY26 financial statements, re-appointment of whole-time director Mr. Onkar Shetye, and approval for non-executive directors' remuneration during profit inadequacy for 3 financial years (FY27 to FY30). The company is also seeking shareholder approval to vary the utilization of proceeds from its April 2022 rights issue to include investments in entities such as Locon Solutions Private Limited. The cut-off date for remote e-voting entitlement is September 11, 2026.
- 13th AGM scheduled for Friday, September 18, 2026, at 2:00 PM IST via VC/OAVM
- Voting cut-off date established as Friday, September 11, 2026
- Proposed variation in April 8, 2022 Rights Issue proceeds to fund identified investments including Locon Solutions Private Limited
- Approval sought for Non-Executive Director remuneration across 3 financial years (FY2026-27 to FY2029-30) during profit inadequacy
- Advance investor query submission deadline set for September 15, 2026, at 5:00 PM
Financial Performance
Revenue Growth by Segment
Consolidated revenue grew 23.26% to INR 263.84 Cr in FY25. The Rental segment recorded revenue of INR 168.62 Cr (26.9% growth), the Distribution segment recorded INR 79.28 Cr (6.50% growth), and the Capital segment recorded INR 1.594 lakhs (137.20% growth).
Geographic Revenue Split
The company expanded into new micro-markets including Ahmedabad, Chennai, Goa, Hyderabad, Kolkata, and Lucknow. Specific percentage split per region is not disclosed in available documents.
Profitability Margins
The net profit ratio improved by 81.87%, moving from (1.24) in FY24 to (0.22) in FY25. Standalone loss for the year narrowed significantly from INR 13.39 Cr in FY24 to INR 2.75 Cr in FY25, indicating a trajectory toward sustainable profitability.
EBITDA Margin
Q2 FY26 marked the first profitable quarter on an adjusted EBITDA basis. This turnaround was driven by a reduction in employee costs from 41.18% of revenue in FY24 to 29.79% in FY25, reflecting improved unit economics.
Capital Expenditure
Depreciation and amortization expense increased by 13.58% to INR 82.36 Cr in FY25, primarily due to an increase in right-of-use assets within the Rental segment. Specific planned future CapEx in INR Cr is not disclosed.
Credit Rating & Borrowing
The company has not obtained any credit ratings during the year under review. Standalone finance costs decreased from INR 9.10 Cr in FY24 to INR 7.24 Cr in FY25, a reduction of 20.44%.
Operational Drivers
Raw Materials
As a PropTech firm, the primary 'raw material' is human capital; employee benefit expenses represent 29.79% of total revenue. Other operating expenses account for INR 96.44 Cr (36.55% of revenue).
Import Sources
Not applicable as the company provides technology and rental services rather than manufacturing goods.
Key Suppliers
Not disclosed; the business model relies on a technology stack and property owners for the rental ecosystem rather than industrial suppliers.
Capacity Expansion
Expansion is measured by geographic footprint and product scaling. The company expanded into 3 new micro-markets (Ahmedabad, Chennai, Goa) for its rental brand and launched in Kolkata and Lucknow for its analytics business.
Raw Material Costs
Employee costs, the primary operational driver, were reduced from 41.18% of revenue in FY24 to 29.79% in FY25 through optimized resource planning.
Manufacturing Efficiency
Not applicable. Operational efficiency is tracked via the Net Capital Turnover Ratio, which was 0.10 in FY25 compared to 0.33 in FY24.
Logistics & Distribution
Distribution segment revenue was INR 79.28 Cr. The company exited BeyondWalls operations to improve working capital efficiency in this segment.
Strategic Growth
Expected Growth Rate
23.26%
Growth Strategy
Growth will be achieved through a dual-track strategy of innovation and scalability. This includes the integration of PropTiger (expected to shift the revenue mix to 50% Rental / 50% Distribution), the launch of India's first SM-REIT via AMSA Investments, and scaling core tech products like Sell.do and Aurum Analytica which grew 60-70% YoY.
Products & Services
SaaS platforms for real estate (Sell.do), data analytics (Aurum Analytica), rental management services (NestAway, HelloWorld), and investment platforms (YieldWiseX, SM-REIT).
Brand Portfolio
Aurum Liv, Aurum KuberX, Sell.do, Aurum Analytica, NestAway, HelloWorld, YieldWiseX, Bondsbrain, and K2V2.
New Products/Services
Launch of SM-REIT (Small and Medium Real Estate Investment Trust) following SEBI registration, and new products like Aurum Liv and Aurum KuberX.
Market Expansion
Targeting geographic expansion into Tier-1 and Tier-2 cities including Kolkata, Lucknow, and Hyderabad to deepen the PropTech ecosystem.
Market Share & Ranking
Aims to build India’s largest integrated PropTech ecosystem; specific market share percentage is not disclosed.
Strategic Alliances
Strategic integration with PropTiger and partnerships through the Aurum Entrepreneurs’ Forum and Entrepreneurs in Residence Programme.
External Factors
Industry Trends
The industry is shifting toward integrated technology ecosystems. The emergence of SM-REITs (Small and Medium REITs) is a major regulatory shift that the company is positioning for through its subsidiary AMSA Investments.
Competitive Landscape
Competitors include unlisted players valued at 3x-4x Aurum's valuation despite lower profitability, according to management commentary.
Competitive Moat
The moat is built on a 'network effect' created by an integrated ecosystem of home buying, rental, and capital platforms. This is sustainable because it increases switching costs for real estate enterprises using their end-to-end SaaS and analytics tools.
Macro Economic Sensitivity
Highly sensitive to domestic real estate demand and interest rate cycles which affect property transactions and rental yields.
Consumer Behavior
Increasing consumer preference for technology-driven, transparent real estate transactions and managed rental housing.
Geopolitical Risks
Not explicitly detailed, though international operations in Singapore (Monk Tech Labs) introduce cross-border regulatory risks.
Regulatory & Governance
Industry Regulations
Operations are governed by the Companies Act 2013, SEBI Listing Regulations, and specific real estate regulations. A major milestone was receiving SEBI registration for its SM-REIT.
Environmental Compliance
The company has a CSR Committee and policy, but specific ESG compliance costs in INR are not disclosed.
Taxation Policy Impact
Standalone tax expense was INR 0.20 Cr in FY25 compared to a tax credit of INR 3.51 Cr in FY24.
Legal Contingencies
The company reports compliance with mandatory Secretarial Standards and no material departures from accounting standards. Specific values for pending court cases are not disclosed.
Risk Analysis
Key Uncertainties
Key risks include execution feasibility of the integrated platform, market potential fluctuations, and cybersecurity/data privacy risks which could impact reputation and operations.
Geographic Concentration Risk
Revenue is concentrated in India, with recent expansions into 6 major urban clusters to diversify geographic risk.
Third Party Dependencies
Dependency on real estate developers for the Distribution segment and property owners for the Rental segment (60% of revenue).
Technology Obsolescence Risk
High risk given the fast-paced PropTech sector; mitigated by 'deepening the technology stack' and continuous product development (Aurum Liv, KuberX).
Credit & Counterparty Risk
Trade receivables turnover ratio of 3.65 indicates moderate credit risk; the company focuses on improving working capital management.
