Mumbai, January 31, 2025 – Aurum PropTech Limited (NSE: AURUM, BSE: 539289) has announced its financial results for the quarter and nine months ended December 31, 2024, showcasing robust revenue growth and improved profitability.
Key Financial Highlights (Consolidated)
| Metric | Q3 FY2025 | Q3 FY2024 | YoY Change |
|---|---|---|---|
| Total Income | ₹206.9 Cr | ₹167.3 Cr | +24% |
| PBT to Total Income | -17.1% | -42.5% | +2,540 bps |
| EBITDA Margin | 21.2% | 1.0% | +2,022 bps |
| Adjusted EBITDA Margin | -4.1% | -43.3% | +3,920 bps |
Segment-Wise Performance
1. Rental Business
- Revenue Growth: 28% YoY
- Total Units Managed: 33,500 rental units across 15+ cities
- Occupancy Rate: 75%
- Key Growth Drivers:
- Launch of NestAway Lite
- Expansion of HelloWorld’s co-living portfolio
- Introduction of geolocation-based rental house discovery
2. Distribution Business
- Revenue Growth: 35% YoY
- Key Brands: Sell.do and Aurum Analytica
- Net Margin: 8%
- Key Highlights:
- Expanded penetration across 250+ micro-markets
- Strong AI-driven cost optimization in Sell.do
- Increased account retention rates in Aurum Analytica
3. Capital Business
- Regulatory Developments: Ongoing consultations with SEBI on SM-REIT license
- Growth Potential: Access to 38,000 million sq. ft. of SM-REIT-eligible properties
- Strategic Positioning: Developing tech-driven investment platforms for real estate
Strategic Developments & Business Updates
- Acquisition of NestAway: Increased stake to 98.67%, further consolidating presence in rental housing.
- K2V2 Technologies Realignment: Increased stake to 81.94% to strengthen Sell.do’s market position.
- New Product Development: Invested ₹805 lakhs in technology enhancement for real estate solutions.
- Fractional Ownership Shift: Transitioning to SEBI’s SM-REIT framework to expand real estate investment opportunities.
Management Commentary
Onkar Shetye, Executive Director of Aurum PropTech, stated: "With focused execution, we have delivered sustained revenue and profitability growth over the last five quarters. Our integrated PropTech ecosystem is poised for the next growth trajectory, with strong momentum in our rental, distribution, and capital businesses."Looking Ahead
- Continued investment in AI-driven real estate solutions
- Scaling rental and distribution segments through tech-enabled expansion
- Advancing SEBI compliance for fractional ownership through SM-REIT transformation
Aurum PropTech’s strong Q3 performance underscores its commitment to digital transformation in real estate, leveraging technology and scalable business models to drive long-term value creation.