Aurum PropTech Q1 net profit at ₹45.18 crore

2 min read     Updated on 22 Jul 2026, 09:58 AM
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AI Summary

Aurum PropTech Limited posted a consolidated net profit of ₹45.18 crore for Q1 FY27, a significant turnaround from a net loss of ₹10.02 crore in Q1 FY26. Total income grew 57% year-on-year to ₹121 crore, supported by a 60% increase in gross commission in the distribution segment and EBITDA profitability in the rental business. The Board approved the acquisition of Locon Solutions Private Limited, owner of Housing.com, via an all-equity share swap. The unaudited results, reviewed by Kirtane & Pandit LLP, include a gain of ₹52.35 crore from discontinued operations and were published in Financial Express and Loksatta on July 21, 2026.

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Aurum PropTech Limited reported a consolidated net profit of ₹45.18 crore for Q1 FY27, marking a sharp turnaround from a net loss of ₹10.02 crore in the same quarter of the previous year. Total income increased 57% year-on-year to ₹121 crore, driven by strong performance in its distribution and rental segments. The company announced its third consecutive profitable quarter, supported by disciplined execution and improving unit economics.

Consolidated Financial Performance

The turnaround was supported by a significant improvement in profitability metrics. EBITDA grew to 303M Rupees from 114M Rupees year-on-year, with EBITDA margin expanding to 27.12% from 17.4%. Adjusted EBITDA margins expanded by 1,320 basis points to 10.2%, while Profit Before Tax (PBT) margins expanded by 1,590 basis points to 1.9%.

The following table summarises key financial metrics for the quarter:

Particulars Q1 FY26 Q1 FY27 YoY Change
Revenue 654M Rupees 1.11B Rupees
Total Income (₹ Cr) 77 121 +57%
EBITDA 114M Rupees 303M Rupees
EBITDA Margin (%) 17.4% 27.12%
Adjusted EBITDA Margin (%) (3%) 10.2% +1,320 bps
PBT Margin (%) (14%) 1.9% +1,590 bps

Operational Highlights and Strategic Moves

The distribution segment, comprising platforms like Sell.do and PropTiger, led the growth with 145+ active clients and a 60% year-on-year increase in gross commission. The rental business, including NestAway and HelloWorld, achieved EBITDA profitability during the quarter. Management attributed the performance to disciplined execution and improving unit economics.

A key strategic development was the Board's approval on July 16, 2026, to acquire 100% equity stake of Locon Solutions Private Limited, the owner of Housing.com, from REA India Pte Limited. The transaction, structured as an all-equity share swap, is expected to close before September 30, 2026, pending shareholder and regulatory approvals.

Financial Disclosures

The unaudited financial results were reviewed by the Audit Committee and approved by the Board on July 20, 2026. Kirtane & Pandit LLP, Statutory Auditors, issued the Limited Review Report. The results include a gain of ₹52.35 crore from discontinued operations, related to the sale of buildings in Navi Mumbai for ₹11,200 crore, which was concluded during the quarter. The company also recognized a deferred tax asset of ₹18.9 crore during the period.

Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted newspaper clippings of the Unaudited Financial Results for the quarter ended June 30, 2026, as published in Financial Express (English Edition) and Loksatta (Marathi Edition) on July 21, 2026.

Historical Stock Returns for Aurum PropTech

1 Day5 Days1 Month6 Months1 Year5 Years
-1.10%-5.86%-6.77%+17.92%+15.76%+233.09%

How will the acquisition of Housing.com impact Aurum PropTech's competitive positioning in the digital real estate market?

Can the rental segment sustain its EBITDA profitability as it scales operations post-acquisition?

What are the expected synergies between Aurum's existing platforms and Housing.com post-integration?

Aurum Proptech appoints Varma & Varma as internal auditor for FY27

1 min read     Updated on 21 Jul 2026, 03:29 PM
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Aurum Proptech Limited announced the cessation of Dr. Padma Deosthali as an Independent Director effective July 22, 2026, following the completion of her tenure. The board appointed M/s. Varma & Varma as the Internal Auditor for FY26–27 and designated Ms. Pranali Desale as the Nodal Officer for the Investor Education and Protection Fund Authority.

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Aurum Proptech Limited appointed M/s. Varma & Varma as its Internal Auditor for the financial year 2026–27 and designated Ms. Pranali Desale as the Nodal Officer for the Investor Education and Protection Fund Authority. The Board of Directors also approved the cessation of Dr. Padma Deosthali as an Independent Director effective July 22, 2026, upon the completion of her tenure. These decisions were taken during its board meeting held on July 20, 2026.

The appointment of M/s. Varma & Varma, Chartered Accountants, was approved pursuant to the applicable provisions of the Companies Act, 2013. The firm, established in 1935, brings over nine decades of experience in audit, assurance, taxation, and risk consulting. It operates a network of nine offices across five states with 35 partners and over 600 professionals. The firm is empanelled with regulatory authorities including the Comptroller and Auditor General of India (CAG), the Reserve Bank of India (RBI), and the Securities and Exchange Board of India (SEBI).

Ms. Pranali Desale, the Company Secretary and Compliance Officer of Aurum Proptech , was appointed as the Nodal Officer for verifying claims and coordinating with the Investor Education and Protection Fund Authority. Her contact details were disclosed to facilitate communication with shareholders and regulatory bodies.

Key Appointments and Cessation

Particulars Details
Independent Director Cessation Dr. Padma Deosthali (DIN: 09250994) ceases to be an Independent Director effective July 22, 2026.
Internal Auditor M/s. Varma & Varma, Chartered Accountants, appointed for FY26–27.
Nodal Officer (IEPF) Ms. Pranali Desale, Company Secretary & Compliance Officer.

The company confirmed that the date for the Annual General Meeting for the financial year ended March 31, 2026, will be communicated to the stock exchanges in due course. The board meeting commenced at 10:00 a.m. and concluded at 12:05 p.m.

Historical Stock Returns for Aurum PropTech

1 Day5 Days1 Month6 Months1 Year5 Years
-1.10%-5.86%-6.77%+17.92%+15.76%+233.09%

Who will replace Dr. Padma Deosthali as Independent Director upon her departure?

How will the appointment of a large audit firm like Varma & Varma impact Aurum Proptech's compliance standards?

What strategic initiatives will Ms. Pranali Desale prioritize in her new role as Nodal Officer for the IEPF?

More News on Aurum PropTech

1 Year Returns:+15.76%