Urban Company , the home services marketplace, has seen its shares continue their downward trajectory, falling over 6% on Monday. This marks the fifth consecutive session of losses for the company, which recently went public.

Key Highlights

Stock Performance

Urban Company's stock has been on a downward trend, approaching its initial public offering (IPO) price of ₹103.00. The shares closed at ₹133.40, marking a significant drop from its post-listing high of ₹201.00 reached on September 22. This represents a 33% decline from the peak.

Trading Activity

The stock witnessed substantial trading activity, with 87 lakh shares changing hands. The total value of trades amounted to ₹119.00 crore, with 48% of the traded shares marked for delivery, indicating a mix of short-term trading and potential longer-term positioning by investors.

IPO Performance

It's worth noting that Urban Company's IPO had garnered significant interest, being oversubscribed 100 times. The retail portion of the offering was subscribed 41 times, showcasing strong demand from individual investors at the time of listing.

Recent Financial Results

In its first quarterly results after going public, Urban Company reported:

• A net loss of ₹59.00 crore
• Contraction in India business margins
• Increased investments in Insta Help service

The company's management has indicated that continued investments in Insta Help could further impact EBITDA and profitability in the near term.

As Urban Company navigates its post-IPO journey, investors will likely keep a close eye on the company's ability to balance growth investments with profitability goals in the competitive home services market.

Urban Company , a leading home services platform, reported a strong performance for the quarter ended September 30, 2025, with significant growth across its business segments. The company's net transaction value (NTV) grew by 31% year-on-year to Rs 1,030.00 crores, while revenue from operations increased by 37% to Rs 380.00 crores.

Core India Services Remain Profitable

The company's core India services business maintained profitability with an adjusted EBITDA of Rs 18.00 crores, representing 2.4% of NTV. This segment saw a 19% year-on-year growth in NTV and a 24% increase in revenue, driven by new user acquisition, consistent retention, and healthy traction in core service categories such as cleaning, beauty, and repairs.

International Operations Break Even

Urban Company's international operations in the UAE and Singapore achieved adjusted EBITDA breakeven in Q2 FY26, marking an important milestone for the company. These markets demonstrated robust performance with a 73% year-on-year increase in NTV and a 66% growth in revenue (excluding Saudi Arabia).

Native Segment Shows Rapid Growth

The company's connected home solutions vertical, Native, experienced rapid growth with NTV up 164% year-on-year to Rs 97.00 crores and revenue increasing by 179% to Rs 75.00 crores. The strong performance was underpinned by good product design, a strong consumer proposition, and Urban Company's dependable service network.

Launch of InstaHelp

Urban Company introduced InstaHelp, a new daily housekeeping service, which has shown promising early traction. Within eight months of launch, InstaHelp scaled to approximately 4.7 lakh monthly orders. However, the segment incurred an adjusted EBITDA loss of Rs 44.00 crores for the quarter due to investments in building a high-quality supply base, training, onboarding, and network densification.

Overall Financial Performance

The overall business reported an adjusted EBITDA loss of Rs 35.00 crores for the quarter, primarily due to the investments in InstaHelp. Excluding InstaHelp, the business delivered an adjusted EBITDA profit of Rs 10.00 crores, marking a year-on-year improvement of Rs 15.00 crores.

Future Outlook

Urban Company's management views FY26 as a year of reinvestment, with a focus on setting up the business for long-term growth. The company aims to maintain similar adjusted EBITDA margins as FY25 for the core India services business, with expectations of margin improvement in subsequent years.

Corporate Governance Update

The company also disclosed a postal ballot notice for shareholder approval on various matters, including the ratification of employee stock option schemes and amendments to the Articles of Association. These changes aim to align with regulatory requirements and strengthen corporate governance practices.

As Urban Company continues to expand its service offerings and geographical presence, it remains committed to delivering reliable, high-quality services while focusing on customer experience and service partner enablement. The company's long-term goal is to evolve into a comprehensive home platform, simplifying urban living for millions of homeowners.