Aurum PropTech Limited — Q3 FY26
Aurum PropTech delivered a landmark Q3 FY26, achieving consolidated revenue of ₹104.82 crore (up 39.2% QoQ) and turning PAT-positive at ₹2.71 crore versus a loss of ₹8.41 crore...
bullish
high
✓ Verified against BSE filing
Claim Ledger
Did management answer the analysts?
Every material analyst question, graded on whether management actually answered it — with the verbatim exchange and quantitative claims checked against filed numbers.
82%Questions answered1Evaded / deflected11Questions auditedContradictedNumbers vs filing
Answered
High priority
Timeline and key drivers for 1000 cr revenue target
Asked by Rahul Jen, Dalat Capital
Management gave a clear timeline and confirmed organic growth.
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Question
Are we also identifying these goals from a timeline factor and what could be the uh key driver in your view uh of taking this revenue uh to that level?
Ashish (CEO)
3 years which is 10 to 12 quarters from now is reasonable to be close to the thousand cr annualized revenue. This is coming organically from existing products and platforms.
Answered
High priority
Prop Tiger revenue contribution and mandate yields
Asked by Rahul Jen, Dalat Capital
Management provided specific revenue contribution and mandate share.
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Question
Any color in terms of how big was the contribution from prop tiger and also there was this mention of 11 active mandates. What are the typical yields on such mandate?
Rehen (President)
Prop Tiger contributed approximately 30 crores of revenue in this quarter. Mandate accounts for around 20% of the revenue and 80% comes from the AOP business.
Partial answer
Medium priority
Other income spike and rental business breakeven
Asked by Rahul Jen, Dalat Capital
Management explained source but did not quantify the other income amount.
no specific breakup givendeferred to segmental reporting
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Question
If you could help us understand the other income part which has risen sharply in this quarter. Any breakup or broad understanding would be fine.
CFO (name not stated)
Major part of other income has come from Hello World. We could negotiate better to bring down cost and the impact has come in the quarter.
Answered
Medium priority
Approach to scaling rentals in tier 2/3 vs metros
Asked by Pam Vora, Pinetra Asset Managers
Management explained strategy and unit economics approach.
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Question
What is your approach to scaling rentals in tier 2 and three cities versus metros? What are the differences in unit economics?
Rehen (President) and Ashish (CEO)
We follow where demand is, focus on young professionals and students. We have a strong supply acquisition policy with multiple scenario analysis for unit economics.
Answered
Low priority
Current sectors and platforms company works in
Asked by Aruna Patel, Patella Enterprises
Management clearly described the business segments.
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Question
Earlier the company was working in the IT sectors. Still it is working in IT sector or if it is working in which platform they are working in IT coming off this year.
Rehen (President)
Aurum PropTech works in the proptech space which is real estate and tech together. We have products across rental, distribution, and capital segments.
Answered
High priority
Timing of first SM REIT launch and profitability sustainability
Asked by V Sangan, Individual investor
Management gave timeline for SM REIT and confirmed profitability trend.
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Question
When are we planning to launch first REIT product and is this positive profit just one-off or should we expect this to continue?
Rehen (President) and Ashish (CEO)
We acquired the SM REIT license in July 2025. We are building a pipeline and will launch when we see the right fit. Profitability is not one-off; distribution has been profitable for quarters and rental is moving towards profitability.
Answered
High priority
Expected profitability margin at 1000 cr revenue
Asked by Sanjay Sha
Management provided a specific margin target.
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Question
Can you share the kind of profitability you envisage in 3 years as you target to reach 1,000 crores by then on a blended basis?
Ashish (CEO)
At 1,000 crores we will be looking at 8 to 10% of the profitability at the least.
Answered
Medium priority
Plans to reduce interest burden and any stake sale interest
Asked by Fasil Hava, HG Havian Company
Management clarified interest cost composition and confirmed no stake sale discussions.
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Question
What are our plans to reduce this interest burden of per quarter of 7 to 8 crores and have we been approached by any large organization to take a stake?
CFO (name not stated) and Ashish (CEO)
Actual interest cost is around 2 cr per quarter; balance is Ind AS impact. We haven't gone to market to raise capital and no inbound opportunity has come.
Answered
High priority
Competitive landscape and moat for Sell.Do and Analytica
Asked by Adita Yadav, Transient Capital
Management explained competitive positioning and differentiation.
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Question
For both Sell.Do and Analytica, what is the landscape in terms of competitors and what is our right to win, what is our moat?
Rehen (President) and Ashish (CEO)
Sell.Do is a real estate specific CRM, competes with general CRMs but is highly specialized. Analytica uses a push strategy for leads, competes with MagicBricks/99Acres but with differentiated model.
Partial answer
Medium priority
Rental segment inflection points and margin triggers
Asked by Adita Yadav, Transient Capital
Management discussed strategy but did not quantify margin improvement timeline.
no specific margin target givendeferred to future quarters
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Question
What could be the inflection points going forward? What could be the triggers for the margin going forward?
Ashish (CEO)
We have recalibrated go-to-market strategy to go denser into micro markets. We are tapping synergies between Hello World and Nestway. We continue to grow at 20-30% while improving operational efficiency.
Evasive
Medium priority
Quantification of Prop Tiger synergy savings
Asked by Jimit G, MK
Management acknowledged synergies but refused to quantify savings.
no numbers givendeferred to future
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Question
Can you quantify some sort of potential savings that could accrue to our books and what is the margin uplift we can expect?
Rehen (President) and Ashish (CEO)
Early days from quantification. Key synergies include using internal tech to replace outsourced products, shared account teams, and joint GTM.
Answered
High priority
Breakup of rental revenue between Hello World and Nestway
Asked by Shriram R, Individual investor
Management provided specific revenue and growth numbers for each.
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Question
Within the rental business, is it possible to break up the revenue between Hello World and Nestway?
Rehen (President)
Hello World had 39 crores of operating revenue in Q3 FY26, 32% growth. Nestway had 12 crores, 20% growth.
Quantitative claims vs filed numbers
| Claim | Management said | Filing | Verdict |
|---|---|---|---|
| Prop Tiger contributed 30 crores revenue in Q3 | ₹30 cr | ₹112 cr | Understated vs filing |
| Hello World operating revenue 39 crores in Q3 FY26 | ₹39 cr | ₹112 cr | Understated vs filing |
| Nestway operating revenue 12 crores in Q3 FY26 | ₹12 cr | ₹112 cr | Understated vs filing |
| Short stay module quarterly revenue 2.4 crores | ₹2.4 cr | ₹112 cr | Understated vs filing |
| Target 8-10% profitability at 1000 cr revenue | 10% | 24% | Understated vs filing |
Filed figures sourced from Screener.in. Claims within a small tolerance of the filing are marked “matches filing”.