Event Type: Q2 FY2027 Earnings Conference Call to discuss the Company's financial performance for the quarter and half year ended September 30, 2026.
Date and Time: October 16, 2026, duration of 59 minutes 27 seconds. Time zone not explicitly mentioned.
Purpose: Discussion of quarterly results and strategic update following the acquisition of Housing.com, marking the beginning of Aurum PropTech 2.0.
Management Participants:
- Mr. Ashish Deora: Founder & CEO, Aurum Ventures & Non-Executive Chairman, Aurum PropTech Limited
- Mr. Onkar Shetye: Executive Director, Aurum PropTech Limited
- Mr. Kunal Karan: CFO, Aurum PropTech Limited
- Mr. Rihen Shah: Lead Investor Relations and Strategy, Aurum PropTech Limited
- Mr. Shrikant Jagtap: Deputy CFO, Aurum PropTech Limited
- Ms. Soniya Deshmukh: Investor Relations, Aurum PropTech Limited
- Host: Mr. Shivang Bagla from Emkay Global Financial Services
Availability of Materials: The transcript and investor presentation are available on the Company's website at https://www.aurumproptech.in/. The meeting audio recording is also available.
UPSI Statement: The company included standard forward-looking statement disclaimer noting that certain statements may be forward-looking and subject to risks and uncertainties as detailed in annual reports and other investor disclosures.
Financial Period Discussed: Q2 FY2027 (quarter ended September 30, 2026) and H1 FY2027 (half year ended September 30, 2026).
Forward-Looking Statements:
- Targeting to make Housing.com profitable within 12 to 18 months
- Revenue per team member expected to increase quarter-on-quarter for next 10 to 12 quarters
- KuberX (mortgage business) target of INR 25,000 crores disbursement in next 4-6 quarters
- Focus on three priorities: improving financial metrics, Housing.com integration, and deepening AI implementation
Financial Highlights
Consolidated Performance Q2 FY27:
- Revenue from operations: INR 130.2 crores, up 64% YoY and 16% sequentially
- EBITDA: INR 41 crores (29.8% margin)
- Profit before tax from continuing operations: INR 6.8 crores (improved 1,270 basis points)
- Profit after tax from continuing operations: INR 4.3 crores
- Basic EPS from continuing operations: INR 0.52
H1 FY27 Performance:
- Revenue: INR 242 crores, up 67% YoY
- EBITDA: INR 78.5 crores (30.6% margin)
- Net profit including discontinued operations: INR 49.5 crores (includes INR 45.5 crores from sale of Navi Mumbai building)
Segment Performance Q2 FY27:
- Distribution: INR 69.7 crores revenue (54% of group), INR 11.4 crores segment profit (16.3% margin)
- Rental: INR 56.1 crores revenue, INR 0.9 crores segment profit
- Capital: INR 4.3 crores revenue, INR 0.4 crores segment profit
Balance Sheet (September 30, 2026):
- Total assets: INR 1,641 crores (up from INR 948 crores in March)
- Shareholders' equity: INR 1,020 crores
- Cash and liquid investments: INR 191.6 crores
- Effectively debt-free (bank borrowings under INR 1 crore)
- Goodwill and intangible assets: INR 960 crores
Operational Metrics:
- 117,000 leads sold (79% YoY growth)
- 10,560 active technology licenses
- INR 838 crores in home sales facilitated (144% gross commission growth)
- 16,500 beds operated in co-living/student living at 82% occupancy
- 8,900 signed units in residential rentals collecting INR 35 crores quarterly rent
- Housing.com: 58M+ monthly visits, 12M monthly active users, 52% app download share
Additional Notes Section
Attachments: The filing includes the full transcript of the earnings call and references an investor presentation available on the company website.
Financial Data Disclosure: The announcement contains extensive financial data including revenue figures, profitability metrics, balance sheet items, and operational KPIs for Q2 FY2027.
Acquisition Details: Housing.com acquisition completed on September 29, 2026 through Locon Solutions in all-stock transaction, issuing 1.98 crore shares to REA India adding INR 458 crores to equity. Housing.com comes with INR 1,020 crores of carryforward tax losses.
Recent Financing: On October 13, 2026, received INR 29.5 crores from promoter Aurum Real Estate Developers as 25% upfront payment on 51 lakh convertible warrants, with remaining INR 88.5 crores payable within 18 months.
Cost Optimization: Already implemented INR 120 crores cost cuts at Housing.com within first week of acquisition without significant revenue impact.