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AURUM - Aurum Proptech

📊 NSE: AURUM 🏢 Computers - Software - Medium / Small 📅 Last Updated: 12/13/2025 18:43

📢 Recent Corporate Announcements

Aurum PropTech Q4 FY26: Total Income Jumps 72% YoY; Surpasses ₹500 Cr ARR

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 26 Apr 2026, 05:09 PM

Aurum PropTech reported a strong Q4 FY26 with total income rising 72% YoY to ₹135 crore, marking its second consecutive profitable quarter. The company achieved a significant turnaround in margins, with Adjusted EBITDA improving by 1360 bps to 12.2% and PBT margin turning positive at 2.5%. A key strategic highlight is the sale of non-core assets in Navi Mumbai for ₹112 crore, intended for full debt retirement and AI-focused reinvestment. The company has now surpassed an Annualized Revenue Run-rate (ARR) of ₹500 crore, driven by robust growth in its rental and distribution segments.

Total Income for Q4 FY26 grew 72% YoY to ₹135 crore, while full-year FY26 income rose 49% to ₹424 crore.
Turned PBT positive in Q4 FY26 at 2.5% margin compared to a loss of 11.5% in the same quarter last year.
Surpassed ₹500 crore Annualized Revenue Run-rate (ARR) with 19,286 beds under management and ₹923 crore in home sales value.
Divested non-core real estate assets for ₹112 crore to achieve a debt-free status and fund AI-native transformation.
Distribution segment saw 93% YoY growth in leads sold, reaching 1,48,392 in Q4 FY26.

💡 The company's successful transition to profitability and its move toward a debt-free balance sheet through asset divestment strengthens its investment profile. Investors should monitor the scaling of the new SM-REIT platform and the impact of AI initiatives on operational efficiency.

Aurum PropTech Reports Zero Deviation in Utilization of Rs 343.56 Cr Rights Issue Proceeds

🟡 NEUTRAL ⭐ 6/10

REGULATORY 📅 23 Apr 2026, 07:11 PM

Aurum PropTech has confirmed that there is no deviation in the utilization of funds raised through its Rights Issue as of March 31, 2026. Out of the total net proceeds of Rs 343.56 crore, the company has utilized Rs 299.90 crore across various segments including product development, marketing, and inorganic growth. The company successfully collected Rs 127.71 crore during the fiscal year 2025-26 through the second and final call money from shareholders. The Audit Committee and CARE Ratings Limited have reviewed and confirmed that the funds are being used according to the objects stated in the Letter of Offer.

Total net proceeds from the Rights Issue amounted to Rs 343.56 crore.
Rs 299.90 crore utilized as of March 31, 2026, with Rs 37.57 crore remaining unutilized from the called amount.
Rs 169.38 crore has been deployed towards identified investments, representing the largest utilization category.
Company received Rs 127.71 crore during the year ended March 31, 2026, on account of the second and final call money.
Utilization follows the modified objects approved by shareholders via a Special Resolution on June 07, 2025.

💡 Investors should monitor how the remaining Rs 37.57 crore is deployed, particularly in product development and marketing where utilization is currently lower than allocated. The successful collection of call money is a positive sign of shareholder confidence and provides the necessary capital for the company's growth initiatives.

Aurum PropTech Announces Board Reshuffle, New Chairman, and CS Appointment

🟡 NEUTRAL ⭐ 6/10

MANAGEMENT 📅 23 Apr 2026, 07:03 PM

Aurum PropTech has designated Mr. Ashish Deora as the Chairman and re-appointed Mr. Ajit Joshi as an Independent Director for a second five-year term starting July 2026. The board also inducted two new Additional Independent Directors, Mr. Ashim Desai and Mrs. Lakshmi Potluri, to strengthen governance. Additionally, Ms. Pranali Desale will take over as Company Secretary and Compliance Officer from May 1, 2026, following the resignation of Ms. Sonia Jain. These leadership changes reflect a strategic move to enhance the board's expertise in technology, venture capital, and corporate governance.

Mr. Ashish Deora designated as Chairman of the Company
Mr. Ajit Joshi re-appointed as Independent Director for a 5-year term (July 2026 to July 2031)
Two new Independent Directors appointed: Mr. Ashim Desai and Mrs. Lakshmi Potluri
Ms. Pranali Desale appointed as Company Secretary effective May 1, 2026
Outgoing CS Sonia Jain to remain within the Aurum group, ensuring a smooth transition

💡 Investors should view these board enhancements as a positive step toward better corporate governance and strategic oversight. No immediate action is required as these changes are part of routine management transitions.

Aurum PropTech Announces Board Restructuring; Ashish Deora Named Chairman

🟢 POSITIVE ⭐ 7/10

MANAGEMENT 📅 23 Apr 2026, 07:01 PM

Aurum PropTech Limited has announced a significant leadership overhaul, designating Mr. Ashish Deora as the Chairman of the Company. The board is being strengthened with the appointment of two new Independent Directors, including Mrs. Lakshmi Potluri, a seasoned business leader with experience at B Capital Group and Goldman Sachs. Additionally, Mr. Ajit Joshi has been re-appointed for a second five-year term starting July 2026. A transition in the Company Secretary role was also confirmed, with Ms. Pranali Desale taking over from Ms. Sonia Jain effective May 1, 2026.

Mr. Ashish Deora designated as the Chairman of the Company.
Appointment of two new Independent Directors, Mr. Ashim Desai and Mrs. Lakshmi Potluri, effective April 23, 2026.
Re-appointment of Mr. Ajit Joshi as Independent Director for a 5-year term from July 23, 2026, to July 22, 2031.
Ms. Pranali Desale appointed as Company Secretary and Compliance Officer effective May 1, 2026.
Outgoing CS Ms. Sonia Jain to remain associated with the Aurum group for professional growth.

💡 The inclusion of high-profile independent directors with expertise in venture capital and technology is a positive sign for the company's governance and strategic scaling. Investors should view this as a move to professionalize the board and monitor the company's execution under the new leadership structure.

Aurum PropTech Appoints Ashish Deora as Chairman; Strengthens Board with New Independent Directors

🟢 POSITIVE ⭐ 7/10

MANAGEMENT 📅 23 Apr 2026, 07:01 PM

Aurum PropTech has announced a significant leadership restructuring, designating Mr. Ashish Deora as the new Chairman of the Company. The board has also re-appointed Mr. Ajit Joshi for a second five-year term (2026-2031) and inducted two new Independent Directors, Mr. Ashim Desai and Mrs. Lakshmi Potluri, to enhance strategic oversight. Additionally, Ms. Pranali Desale will take over as Company Secretary following the resignation of Ms. Sonia Jain. These changes bring a mix of venture capital, technology, and healthcare expertise to the board, signaling a focus on governance and scaling.

Mr. Ashish Deora designated as Chairman; Mr. Ajit Joshi re-appointed for a 5-year term starting July 23, 2026.
Appointment of two new Independent Directors: Mr. Ashim Desai and Mrs. Lakshmi Potluri (ex-Jabong co-founder).
Mrs. Lakshmi Potluri brings high-level experience from B Capital Group, Shopify, and Goldman Sachs.
Ms. Pranali Desale appointed as Company Secretary and Compliance Officer effective May 01, 2026.
The board changes are subject to shareholder approval via a postal ballot process.

💡 Investors should view the induction of high-caliber independent directors with tech-scaling and venture capital experience as a positive move for corporate governance. No immediate action is required, but the new board's influence on the company's proptech expansion strategy should be monitored.

Aurum PropTech Appoints Ashish Deora as Chairman and Adds New Independent Directors

🟢 POSITIVE ⭐ 7/10

MANAGEMENT 📅 23 Apr 2026, 07:01 PM

Aurum PropTech has announced a significant leadership reshuffle, designating Ashish Deora as Chairman and appointing two new Independent Directors, including tech veteran Lakshmi Potluri. Mr. Ajit Joshi has been re-appointed for a second five-year term starting July 2026, providing continuity in governance. The company also transitioned its Company Secretary role, with Pranali Desale taking over from Sonia Jain on May 1, 2026. These appointments bring diverse expertise in venture capital, technology, and corporate scaling to the board.

Mr. Ashish Deora designated as Chairman; Mr. Ajit Joshi re-appointed for a 5-year term until July 2031.
Appointment of two new Independent Directors: Dr. Ashim Desai and tech entrepreneur Lakshmi Potluri.
Ms. Pranali Desale appointed as Company Secretary and Compliance Officer effective May 1, 2026.
Board changes are subject to shareholder approval via postal ballot notice.

💡 The inclusion of high-caliber independent directors with backgrounds in venture capital and technology is a positive sign for the company's strategic direction. Investors should monitor how this strengthened board influences the company's execution in the prop-tech sector.

Aurum PropTech Appoints New Chairman and Independent Directors; Re-appoints Ajit Joshi for 5 Years

🟡 NEUTRAL ⭐ 6/10

MANAGEMENT 📅 23 Apr 2026, 06:41 PM

Aurum PropTech has announced a significant leadership reshuffle, designating Ashish Deora as the new Chairman. The board has re-appointed Ajit Joshi as an Independent Director for a second five-year term starting July 2026, ensuring continuity in governance. Furthermore, the company has added two new Independent Directors, Ashim Desai and Lakshmi Potluri, bringing expertise from healthcare and venture capital sectors. A transition in the Key Managerial Personnel was also approved, with Pranali Desale taking over as Company Secretary from May 1, 2026.

Ashish Deora designated as Chairman of the Company
Ajit Joshi re-appointed as Independent Director for a 5-year term (2026-2031)
Appointment of two new Independent Directors: Ashim Desai and Lakshmi Potluri
Pranali Desale appointed as Company Secretary and Compliance Officer effective May 1, 2026
Outgoing CS Sonia Jain to remain within the Aurum group for professional growth

💡 Investors should monitor how the refreshed board and new strategic expertise, particularly in venture capital and scaling businesses, influence the company's growth trajectory in the PropTech space. No immediate portfolio action is required based on these governance updates.

Aurum PropTech Q4 Results: Total Income Up 72% YoY, Crosses ₹500 Cr ARR Milestone

🟢 POSITIVE ⭐ 9/10

EARNINGS 📅 23 Apr 2026, 02:51 PM

Aurum PropTech reported a strong Q4 FY2026 with total income rising 72% YoY to ₹135 crore, marking its second consecutive profitable quarter. The company achieved a significant milestone by crossing ₹500 crore in Annualised Recurring Revenue (ARR) and saw its Q4 Adjusted EBITDA margin expand by 1,360 bps to 12.2%. Strategic moves include the completion of the PropTiger acquisition and securing an SM REIT license, positioning the firm for scalable real estate investment. The company is also moving towards a debt-free status through the monetization of non-core assets.

Total Income for Q4 FY26 grew 72% YoY to ₹135 crore, while full-year FY26 income rose 49% to ₹424 crore.
Achieved a landmark Annualised Recurring Revenue (ARR) of over ₹500 crore during the period.
Q4 PBT margin improved significantly by 1,410 bps to 2.5%, turning profitable compared to a 11.5% loss in Q4 FY25.
Secured the Small and Medium REIT (SM REIT) license and completed the strategic acquisition of PropTiger.
Aurum Analytica recorded 93% YoY growth in leads sold, reaching over 1,48,000 in Q4 FY26.

💡 Investors should note the successful turnaround to profitability and the achievement of the ₹500 Cr ARR milestone as evidence of a maturing and scalable business model. Monitor the integration of PropTiger and the launch of the SM REIT platform as key growth drivers for FY2027.

Aurum PropTech Q4 Results: Total Income up 72% YoY, Crosses ₹500 Cr ARR Milestone

🟢 POSITIVE ⭐ 9/10

EARNINGS 📅 23 Apr 2026, 02:47 PM

Aurum PropTech reported a strong Q4 FY2026 with total income rising 72% YoY to ₹135 crore, marking its second consecutive profitable quarter. The company achieved a major milestone by crossing ₹500 crore in Annualised Recurring Revenue (ARR). For the full year FY2026, revenue grew 49% to ₹424 crore, while Adjusted EBITDA margins turned positive at 5.9% from -3.4% in the previous year. Strategic developments include securing an SM REIT license and completing the PropTiger acquisition to strengthen its distribution business.

Q4 FY26 Total Income grew 72% YoY to ₹135 crore with a PBT margin expansion of 1,410 bps.
Company surpassed the ₹500 crore Annualised Recurring Revenue (ARR) threshold during the period.
FY26 Adjusted EBITDA margin turned positive at 5.9% vs -3.4% in FY25.
Secured SEBI Small and Medium REIT (SM REIT) license to build a scalable investment platform.
Aurum Analytica lead sales grew 93% YoY in Q4 FY26, reaching over 1.48 lakh leads.

💡 Investors should note the successful turnaround to profitability and the significant scaling of the ARR, which indicates strong execution of the PropTech ecosystem strategy. The stock warrants a positive outlook given the operational efficiency and new growth levers like the SM REIT license.

Aurum PropTech Schedules Q4 and FY2026 Earnings Call for April 27, 2026

🟡 NEUTRAL ⭐ 4/10

EARNINGS 📅 17 Apr 2026, 02:10 PM

Aurum PropTech Limited has announced its earnings conference call scheduled for April 27, 2026, at 4:00 PM IST. The session will cover the financial results for the fourth quarter and the full fiscal year ending March 31, 2026. Senior management, including the Founder, CEO, and CFO, will participate to discuss the company's performance and future outlook. This is a standard regulatory requirement under SEBI Listing Obligations to provide transparency to shareholders.

Earnings call date set for April 27, 2026, following the close of FY 2025-26.
Management team including Ashish Deora (Founder & CEO) and Kunal Karan (CFO) to lead the discussion.
The call will be hosted digitally to provide updates on the 'Poised to Accelerate' theme.
Intimation submitted under Regulation 30 of SEBI (LODR) Regulations, 2015.

💡 Investors should attend or review the transcript to understand the company's scaling strategy and margin improvements. Watch for specific commentary on the integration of various PropTech verticals and guidance for FY2027.

Aurum PropTech Submits SEBI Compliance Certificate for Q4 FY2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 13 Apr 2026, 01:11 PM

Aurum PropTech Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by KFin Technologies Limited (the Registrar and Share Transfer Agent), covers the quarter ended March 31, 2026. It confirms that securities received for dematerialization were processed and the necessary updates were made to the register of members. This is a standard procedural filing required by Indian stock exchanges to ensure transparency in shareholding records.

Compliance certificate submitted for the quarter ended March 31, 2026.
Issued by KFin Technologies Limited, the company's Registrar and Share Transfer Agent (RTA).
Confirms adherence to SEBI (Depositories and Participants) Regulations, 2018 regarding dematerialization of shares.
The filing was submitted to both BSE and NSE on April 13, 2026.

💡 No action is required as this is a routine regulatory filing. Investors should focus on the upcoming financial results for the quarter ended March 2026 for material updates.

Aurum PropTech Announces Trading Window Closure from April 1, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 30 Mar 2026, 03:56 PM

Aurum PropTech Limited has officially notified the exchanges regarding the closure of its trading window starting April 01, 2026. This action is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the company's audited financial results for the quarter and year ending March 31, 2026. The restriction applies to all designated persons, including directors and promoters, and will remain in effect until 48 hours after the results are declared. This is a standard regulatory procedure for listed companies in India.

Trading window closure begins on Wednesday, April 01, 2026.
Closure is related to the audited financial results for the quarter and year ended March 31, 2026.
Restriction applies to Directors, Promoters, Designated Persons, and their immediate relatives.
The window will reopen 48 hours after the official declaration of financial results.

💡 This is a routine regulatory announcement with no direct impact on stock valuation; investors should wait for the upcoming Q4 and FY26 financial results to evaluate performance.

Aurum PropTech to Sell Navi Mumbai Real Estate Assets for ₹112 Crores

🟢 POSITIVE ⭐ 8/10

OTHER 📅 12 Mar 2026, 02:40 PM

Aurum PropTech Limited has approved the sale of Buildings Q5 and Q6 in Navi Mumbai to Deepman Infra Private Limited for ₹112 Crores. This transaction is significant as the property contributed 33% of the company's turnover and 8% of its net worth in FY 2024-25. The sale is expected to be completed by June 30, 2026, providing a substantial liquidity boost. While the sale provides immediate cash, it involves the disposal of a major revenue-generating asset.

Sale of Buildings Q5 and Q6 in Navi Mumbai for a total consideration of ₹112 Crores.
The property accounts for 33% of the company's turnover and 8% of its net worth as of FY 2024-25.
The transaction is with a non-promoter entity, Deepman Infra Private Limited, and is not a related party transaction.
The sale is expected to be finalized and funds received on or before June 30, 2026.

💡 Investors should monitor how the company plans to replace the 33% revenue stream lost from this sale and how the ₹112 Crores cash inflow will be utilized for future growth.

Aurum PropTech to Sell Non-Core Assets for INR 112 Cr; Aims to Become Debt-Free

🟢 POSITIVE ⭐ 8/10

M&A 📅 12 Mar 2026, 02:34 PM

Aurum PropTech's board has approved the sale of Buildings Q5 and Q6 in Navi Mumbai for INR 112 Crores, representing a 15% premium over valuation. The transaction is highly lucrative as the assets have a book value of only INR 27 Crores, ensuring a significant boost to profitability. The company intends to use INR 56 Crores of the proceeds to prepay its Lease Rental Discounting facility, which will make the firm debt-free. The remaining capital will be utilized as a 'war chest' to scale AI-driven PropTech platforms across its rental and distribution segments.

Sale of Navi Mumbai assets for INR 112 Crores, 15% above the valuer's price.
Significant profit expected as the assets carry a book value of approximately INR 27 Crores.
Company to become debt-free by prepaying an INR 56 Crore LRD facility using sale proceeds.
Strategic shift to deploy capital into AI-led digital infrastructure for the real estate sector.
Transaction expected to be consummated by June 30, 2026, subject to regulatory approvals.

💡 This is a strong value-unlocking move that strengthens the balance sheet and provides growth capital without dilution. Investors should monitor the company's transition toward a high-margin AI-driven software model following this divestment.

Aurum PropTech to Sell Navi Mumbai Buildings for ₹112 Crores

🟢 POSITIVE ⭐ 8/10

M&A 📅 12 Mar 2026, 02:29 PM

Aurum PropTech Limited has approved the sale of its Buildings Q5 and Q6 in Navi Mumbai to Deepman Infra Private Limited for a total consideration of ₹112 Crores. The property is a significant asset, contributing 33% to the company's turnover and representing 8% of its net worth as of FY 2024-25. The transaction is expected to be completed by June 30, 2026, following a prior shareholder resolution passed in September 2025. This divestment is likely aimed at unlocking capital and improving liquidity for the company's core tech operations.

Sale of 1,25,893 sq. feet of immovable property in Navi Mumbai for approximately ₹112 Crores.
The asset being sold contributed 33% to the company's total turnover in the last financial year.
Transaction value represents approximately 8% of the company's net worth as per FY 2024-25 audited statements.
The sale is to a third-party buyer, Deepman Infra Private Limited, and is not a related party transaction.
Expected completion date for the sale and receipt of consideration is June 30, 2026.

💡 Investors should monitor the company's plan for the ₹112 Crores cash inflow, specifically whether it will be used for debt reduction or high-growth PropTech acquisitions. While the revenue contribution of the asset is high at 33%, the capital unlock may provide better long-term ROI if deployed into the core technology business.

View All AURUM Announcements on Live Market Tracking →

💰 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.