Reported Earnings • Apr 25
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: ₹1.69 loss per share (improved from ₹6.16 loss in FY 2025). Revenue: ₹4.12b (up 56% from FY 2025). Net loss: ₹104.5m (loss narrowed 69% from FY 2025). Revenue exceeded analyst estimates by 4.9%. Earnings per share (EPS) also surpassed analyst estimates by 110%. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. New Risk • Apr 04
New major risk - Revenue and earnings growth Earnings have declined by 93% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Major Estimate Revision • Jan 26
Consensus EPS estimates upgraded to ₹2.80 loss The consensus outlook for fiscal year 2026 has been updated. 2026 losses forecast to reduce from -₹4.40 to -₹2.80 per share. Revenue forecast steady at ₹3.74b. Software industry in India expected to see average net income growth of 22% next year. Consensus price target down from ₹310 to ₹295. Share price fell 5.2% to ₹182 over the past week. Reported Earnings • Jan 20
Third quarter 2026 earnings: EPS and revenues exceed analyst expectations Third quarter 2026 results: EPS: ₹0.46 (up from ₹1.18 loss in 3Q 2025). Revenue: ₹1.15b (up 78% from 3Q 2025). Net income: ₹32.6m (up ₹98.6m from 3Q 2025). Profit margin: 2.8% (up from net loss in 3Q 2025). Revenue exceeded analyst estimates by 6.3%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Oct 17
Aurum PropTech Limited (NSEI:AURUM) agreed to acquire an additional 8.20% stake in K2v2 Technologies Private Limited from Ketan Sabnis and Vinayak Katkar for INR 63.3 million. Aurum PropTech Limited (NSEI:AURUM) agreed to acquire an additional 8.20% stake in K2v2 Technologies Private Limited from Ketan Sabnis and Vinayak Katkar for INR 63.3 million on October 16, 2025. Upon completion, Aurum PropTech Limited will own 89.47% stake in K2v2 Technologies Private Limited.
For the period ending March 31, 2025, K2v2 Technologies Private Limited reported total revenue of INR 266.4 million. The transaction is subject to approval of offer by acquirer board.
The deal has been approved by the board. The acquisition will be completed within 15 days from the date of the receipt of all the other requisite approval(s) and shareholder’s approval whichever is later Reported Earnings • Oct 17
Second quarter 2026 earnings: EPS and revenues exceed analyst expectations Second quarter 2026 results: ₹1.26 loss per share. Revenue: ₹876.6m (up 37% from 2Q 2025). Net loss: ₹85.6m (loss narrowed 10% from 2Q 2025). Revenue exceeded analyst estimates by 5.9%. Earnings per share (EPS) also surpassed analyst estimates by 3.1%. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in India. Breakeven Date Change • Jul 30
Forecast breakeven date pushed back to 2028 The 2 analysts covering Aurum PropTech previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of ₹108.0m in 2028. Average annual earnings growth of 73% is required to achieve expected profit on schedule. Reported Earnings • Jul 25
First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2026 results: ₹1.48 loss per share (improved from ₹2.52 loss in 1Q 2025). Revenue: ₹684.0m (up 5.4% from 1Q 2025). Net loss: ₹94.2m (loss narrowed 6.1% from 1Q 2025). Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 1.3%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Announcement • Jul 24
Aurum PropTech Limited (NSEI:AURUM) entered into Share Acquisition Agreement to acquire Proptiger Marketing Services Private Limited from REA India Pte Limited, Singapore for approximately INR 930 million. Aurum PropTech Limited (NSEI:AURUM) entered into Share Acquisition Agreement to acquire Proptiger Marketing Services Private Limited from REA India Pte Limited, Singapore for approximately INR 930 million on July 23, 2025. The consideration consists of 4.24 million common equity of Aurum PropTech Limited having a value of INR 925.55 million to be issued for common equity of Proptiger Marketing Services Private Limited. As part of consideration, INR 925.55 million is paid towards common equity of Proptiger Marketing Services Private Limited.
The transaction is subject to approval by stock exchanges and any other regulatory approval, approval of offer by acquirer shareholders and approval of offer by acquirer board. The deal has been approved by the board. Announcement • Jul 21
Aurum PropTech Limited to Report Q1, 2026 Results on Jul 23, 2025 Aurum PropTech Limited announced that they will report Q1, 2026 results on Jul 23, 2025 Buy Or Sell Opportunity • May 07
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to ₹169. The fair value is estimated to be ₹217, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 55% over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 40% in a year. Earnings are forecast to grow by 38% in the next year. Breakeven Date Change • May 01
Forecast to breakeven in 2027 The analyst covering Aurum PropTech expects the company to break even for the first time. New forecast suggests the company will make a profit of ₹219.0m in 2027. Average annual earnings growth of 109% is required to achieve expected profit on schedule. Reported Earnings • Apr 26
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: ₹6.16 loss per share (improved from ₹14.13 loss in FY 2024). Revenue: ₹2.85b (up 33% from FY 2024). Net loss: ₹333.7m (loss narrowed 40% from FY 2024). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Announcement • Apr 17
Aurum PropTech Limited to Report Q4, 2025 Results on Apr 25, 2025 Aurum PropTech Limited announced that they will report Q4, 2025 results on Apr 25, 2025 Buy Or Sell Opportunity • Apr 07
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 40% to ₹152. The fair value is estimated to be ₹200, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 65% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 46% in a year. Earnings are forecast to grow by 19% in the next year. Buy Or Sell Opportunity • Mar 17
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 30% to ₹163. The fair value is estimated to be ₹210, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 65% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 46% in a year. Earnings are forecast to grow by 19% in the next year. New Risk • Mar 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change). Buy Or Sell Opportunity • Feb 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to ₹168. The fair value is estimated to be ₹210, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 65% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 46% in a year. Earnings are forecast to grow by 19% in the next year. New Risk • Feb 23
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 39% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Major Estimate Revision • Jan 27
Consensus EPS estimates upgraded to ₹5.60 loss, revenue downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ₹2.97b to ₹2.69b. 2025 losses expected to reduce from -₹6.40 to -₹5.60 per share. Software industry in India expected to see average net income growth of 19% next year. Consensus price target up from ₹290 to ₹330. Share price fell 5.5% to ₹227 over the past week. Reported Earnings • Jan 21
Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2025 results: ₹1.18 loss per share (improved from ₹4.71 loss in 3Q 2024). Revenue: ₹645.8m (up 13% from 3Q 2024). Net loss: ₹66.0m (loss narrowed 64% from 3Q 2024). Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) exceeded analyst estimates by 26%. Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 40% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 50% per year over the past 5 years. Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Announcement • Jan 13
Aurum PropTech Limited to Report Q3, 2025 Results on Jan 20, 2025 Aurum PropTech Limited announced that they will report Q3, 2025 results on Jan 20, 2025 New Risk • Jan 07
New major risk - Revenue and earnings growth Earnings have declined by 50% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 50% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (40% increase in shares outstanding). Major Estimate Revision • Dec 10
Consensus EPS estimates upgraded to ₹5.70 loss The consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -₹6.40 to -₹5.70 per share. Revenue forecast unchanged from ₹2.97b at last update. Software industry in India expected to see average net income growth of 21% next year. Consensus price target up from ₹250 to ₹290. Share price was steady at ₹219 over the past week. New Risk • Dec 09
New major risk - Revenue and earnings growth Earnings have declined by 50% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 50% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (40% increase in shares outstanding). Major Estimate Revision • Oct 28
Consensus EPS estimates upgraded to ₹6.40 loss, revenue downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ₹3.12b to ₹2.97b. 2025 losses expected to reduce from -₹7.90 to -₹6.40 per share. Software industry in India expected to see average net income growth of 19% next year. Consensus price target of ₹250 unchanged from last update. Share price was steady at ₹191 over the past week. Breakeven Date Change • Oct 24
Forecast to breakeven in 2027 The analyst covering Aurum PropTech expects the company to break even for the first time. New forecast suggests losses will reduce by 17% per year to 2026. The company is expected to make a profit of ₹140.0m in 2027. Average annual earnings growth of 63% is required to achieve expected profit on schedule. Announcement • Oct 11
Aurum PropTech Limited to Report Q2, 2025 Results on Oct 21, 2024 Aurum PropTech Limited announced that they will report Q2, 2025 results on Oct 21, 2024 New Risk • Oct 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (6.3% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Shareholders have been diluted in the past year (40% increase in shares outstanding). Announcement • Sep 13
Aurum PropTech Limited (NSEI:AURUM) agreed to acquire an additional 39.60% stake in K2v2 Technologies Private Limited. Aurum PropTech Limited (NSEI:AURUM) agreed to acquire an additional 39.60% stake in K2v2 Technologies Private Limited on September 12, 2024. Upon completion, Aurum PropTech Limited will own 83.60% stake in K2v2 Technologies Private Limited.
For the period ending March 31, 2024, K2v2 Technologies Private Limited reported total revenue of INR 530 million.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board of Aurum PropTech Limited (NSEI:AURUM). The transaction is expected to be completed before September 30, 2024, contingent upon the fulfillment of certain conditions. Announcement • Sep 06
Aurum PropTech Limited, Annual General Meeting, Sep 26, 2024 Aurum PropTech Limited, Annual General Meeting, Sep 26, 2024, at 14:00 Indian Standard Time. Recent Insider Transactions • Sep 04
Non-Executive Non-Independent Director recently bought ₹1.2m worth of stock On the 30th of August, Srirang Athalye bought around 7k shares on-market at roughly ₹176 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹23m more in shares than they bought in the last 12 months. Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Non-Executive Director Ramashrya Yadav was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 21
First quarter 2025 earnings released: ₹2.52 loss per share (vs ₹3.21 loss in 1Q 2024) First quarter 2025 results: ₹2.52 loss per share (improved from ₹3.21 loss in 1Q 2024). Revenue: ₹648.9m (up 47% from 1Q 2024). Net loss: ₹100.3m (loss narrowed 21% from 1Q 2024). Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 180 percentage points per year, which is a significant difference in performance. Announcement • Jul 13
Aurum PropTech Limited to Report Q1, 2025 Results on Jul 19, 2024 Aurum PropTech Limited announced that they will report Q1, 2025 results on Jul 19, 2024 Reported Earnings • May 01
Full year 2024 earnings released Full year 2024 results: Revenue: ₹2.33b (up 84% from FY 2023). Net loss: ₹557.5m (loss widened 93% from FY 2023). New Risk • Mar 30
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 76% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (76% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Significant insider selling over the past 3 months (₹7.2m sold). New Risk • Mar 21
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.23b (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 20% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Significant insider selling over the past 3 months (₹7.2m sold). Market cap is less than US$100m (₹8.23b market cap, or US$99.0m). Recent Insider Transactions • Feb 13
Non-Executive Non-Independent Director recently sold ₹3.8m worth of stock On the 6th of February, Srirang Athalye sold around 24k shares on-market at roughly ₹160 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹4.5m more than they bought in the last 12 months. Recent Insider Transactions • Feb 02
Non-Executive Non-Independent Director recently sold ₹3.4m worth of stock On the 25th of January, Srirang Athalye sold around 30k shares on-market at roughly ₹114 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹1.1m more than they sold in the last 12 months. New Risk • Jan 20
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 20% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Reported Earnings • Jan 19
Third quarter 2024 earnings released: ₹4.71 loss per share (vs ₹2.17 loss in 3Q 2023) Third quarter 2024 results: ₹4.71 loss per share (further deteriorated from ₹2.17 loss in 3Q 2023). Revenue: ₹620.9m (up 61% from 3Q 2023). Net loss: ₹185.3m (loss widened 124% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 217 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 25
Second quarter 2024 earnings released: ₹5.10 loss per share (vs ₹2.24 loss in 2Q 2023) Second quarter 2024 results: ₹5.10 loss per share (further deteriorated from ₹2.24 loss in 2Q 2023). Revenue: ₹575.3m (up 103% from 2Q 2023). Net loss: ₹201.0m (loss widened 154% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. New Risk • Sep 12
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (₹7.98b market cap, or US$96.2m). Announcement • Sep 05
Aurum PropTech Limited, Annual General Meeting, Sep 28, 2023 Aurum PropTech Limited, Annual General Meeting, Sep 28, 2023, at 14:00 Indian Standard Time. Reported Earnings • Jul 20
First quarter 2024 earnings released: ₹3.21 loss per share (vs ₹1.93 loss in 1Q 2023) First quarter 2024 results: ₹3.21 loss per share (further deteriorated from ₹1.93 loss in 1Q 2023). Revenue: ₹477.1m (up 226% from 1Q 2023). Net loss: ₹126.2m (loss widened 84% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Announcement • Jul 12
Aurum PropTech Limited to Report Q1, 2024 Results on Jul 18, 2023 Aurum PropTech Limited announced that they will report Q1, 2024 results on Jul 18, 2023 Announcement • Jun 03
Aurum PropTech Limited (NSEI:AURUM) agreed to acquire Nestaway Technologies Private Limited from Yuri Milner, Tiger Global Management, LLC, Rnt Associates Private Limited through UC-RNT Fund, Flipkart Online Services Pvt. Ltd., Goldman Sachs (India) Securities Private Limited, Investment Arm and others for INR 900 million. Aurum PropTech Limited (NSEI:AURUM) agreed to acquire Nestaway Technologies Private Limited from Yuri Milner, Tiger Global Management, LLC, Rnt Associates Private Limited through UC-RNT Fund, Flipkart Online Services Pvt. Ltd., Goldman Sachs (India) Securities Private Limited, Investment Arm and others for INR 900 million on June 1, 2023. For the year ending 2022, Nestaway reported revenues of INR 254.3 million. Post acquisition, Jitendra Jagadev will be Chief Executive Officer and Ismail Khan will lead NestAway as Chief Operating Officer. The transaction was approved at the Executive Investment Committee meeting of Aurum PropTech. The completion of the transaction is contingent upon the fulfilment of certain conditions and is expected to take place on or before June 30, 2023. Recent Insider Transactions • Mar 13
Non-Executive Non-Independent Director recently bought ₹593k worth of stock On the 8th of March, Srirang Athalye bought around 10k shares on-market at roughly ₹59.72 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth ₹2.6m. Insiders have collectively bought ₹7.1m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Mar 01
Non-Executive Non-Independent Director recently bought ₹640k worth of stock On the 27th of February, Srirang Athalye bought around 10k shares on-market at roughly ₹63.54 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth ₹2.6m. Insiders have collectively bought ₹6.1m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 23
Non-Executive Non-Independent Director recently bought ₹1.1m worth of stock On the 15th of February, Srirang Athalye bought around 20k shares on-market at roughly ₹54.79 per share. This transaction amounted to 78% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth ₹2.6m. Insiders have collectively bought ₹5.5m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 10
Non-Executive Director recently bought ₹1.8m worth of stock On the 3rd of February, Ramashrya Yadav bought around 17k shares on-market at roughly ₹109 per share. This transaction amounted to 82% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₹2.6m. Insiders have collectively bought ₹4.4m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 04
Non-Executive Director recently bought ₹2.6m worth of stock On the 27th of January, Ramashrya Yadav bought around 25k shares on-market at roughly ₹104 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • Jan 19
Aurum Proptech Limited Announces Executive Changes Aurum PropTech Limited announced Based on the recommendations of Nomination and Remuneration committee considered, approved/taken note of the following: 1. Resignation of Ms. Knushbu Rakhecha (Membership No. ACS 59618) from the post of Compliance Officer of the Company w.e.f. February 17, 2023. 2. Appointment of Ms. Sonia Jain, Company Secretary of the Company (Membership No. ACS 52138) as Compliance Officer of the Company w.e.f. February 17, 2023, under Regulation 6 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Vasant Gujarathi is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Jul 30
First quarter 2023 earnings released: ₹1.93 loss per share (vs ₹0.69 loss in 1Q 2022) First quarter 2023 results: ₹1.93 loss per share (down from ₹0.69 loss in 1Q 2022). Revenue: ₹157.2m (up ₹156.8m from 1Q 2022). Net loss: ₹68.5m (loss widened 250% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Reported Earnings • May 28
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: ₹3.90 loss per share (down from ₹813 profit in FY 2021). Net loss: ₹111.6m (down 100% from profit in FY 2021). Revenue missed analyst estimates by 100%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Vasant Gujarathi is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improved over the past week After last week's 18% share price gain to ₹147, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 35x in the Software industry in India. Total returns to shareholders of 8,554% over the past three years. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹153, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 28x in the Software industry in India. Total returns to shareholders of 8,670% over the past three years. Recent Insider Transactions • Nov 05
Insider recently bought ₹1.7m worth of stock On the 3rd of November, Farid Kazani bought around 18k shares on-market at roughly ₹92.20 per share. In the last 3 months, they made an even bigger purchase worth ₹2.0m. Despite this recent purchase, insiders have collectively sold ₹3.6b more in shares than they bought in the last 12 months. Reported Earnings • Nov 01
First half 2022 earnings released First half 2022 results: Net income: (down ₹23.4b from profit in 1H 2021). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Sep 17
Insider recently bought ₹2.0m worth of stock On the 14th of September, Farid Kazani bought around 22k shares on-market at roughly ₹89.42 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹3.8b more in shares than they bought in the last 12 months. Recent Insider Transactions • Sep 01
Insider recently bought ₹831k worth of stock On the 24th of August, Farah Kazani bought around 10k shares on-market at roughly ₹83.10 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹3.8b more in shares than they bought in the last 12 months. Executive Departure • Aug 03
Non-Executive Director & Founder Ketan Mehta has left the company During their tenure, the company went from making losses to turning a profit. On the 23rd of July, Ketan Mehta left the company after 20.8 in the role. As of March 2021, Ketan still personally held 2.16m shares (₹142m worth at the time). A total of 7 executives have left over the last 12 months. The current median tenure of the management team is 2.42 years. Executive Departure • Aug 03
Non-Executive Independent Chairman Venkatesh Chakravarty has left the company On the 23rd of July, Venkatesh Chakravarty's tenure as Non-Executive Independent Chairman ended after 6.9 years in the role. We don't have any record of a personal shareholding under Venkatesh's name. A total of 7 executives have left over the last 12 months. The current median tenure of the management team is 2.42 years. Executive Departure • Aug 03
Independent Non-Executive Director Madhu Dubhashi has left the company On the 23rd of July, Madhu Dubhashi's tenure as Independent Non-Executive Director ended after 6.2 years in the role. We don't have any record of a personal shareholding under Madhu's name. A total of 7 executives have left over the last 12 months. The current median tenure of the management team is 2.42 years. Executive Departure • Jul 23
Company Secretary Varika Rastogi has left the company On the 17th of July, Varika Rastogi's tenure as Company Secretary ended after 3.2 years in the role. As of March 2021, Varika still personally held only 605.00 shares (₹154k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 2.42 years. Executive Departure • May 12
Additional Non-Executive Director has left the company On the 4th of May, Ashank Desai's tenure as Additional Non-Executive Director ended after 1.9 years in the role. As of December 2020, Ashank personally held only 140.00 shares (₹2.2k worth at the time). A total of 3 executives have left over the last 12 months. Executive Departure • May 12
Executive Director has left the company On the 4th of May, Radhakrishnan Sundar's tenure as Executive Director ended after 2.9 years in the role. As of December 2020, Radhakrishnan personally held only 126.62k shares (₹2.0m worth at the time). A total of 3 executives have left over the last 12 months. Executive Departure • May 12
MD & Director has left the company On the 4th of May, Farid Kazani's tenure in the role of MD & Director ended. As of December 2020, Farid personally held only 16.20k shares (₹250k worth at the time). A total of 3 executives have left over the last 12 months. Reported Earnings • Apr 25
Full year 2021 earnings released: EPS ₹813 (vs ₹24.28 in FY 2020) Full year 2021 results: Net income: ₹23.7b (up ₹23.0b from FY 2020). Over the last 3 years on average, earnings per share has increased by 152% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. Price Target Changed • Jan 01
Price target raised to ₹550 Up from ₹514, the current price target is an average from 3 analysts. The new target price is 3,297% above the current share price of ₹16.20. As of last close, the stock is down 96% over the past year. Recent Insider Transactions • Dec 24
Insider recently sold ₹564m worth of stock On the 17th of December, Girija Ram sold around 584k shares on-market at roughly ₹966 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹1.5b more than they bought in the last 12 months. Is New 90 Day High Low • Dec 12
New 90-day high: ₹990 The company is up 28% from its price of ₹771 on 11 September 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Software industry, which is up 34% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹1,507 per share. Recent Insider Transactions • Nov 22
Non-Executive Independent Chairman recently sold ₹137k worth of stock On the 17th of November, Venkatesh Chakravarty sold around 150 shares on-market at roughly ₹912 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹22m. Venkatesh has been a seller over the last 12 months, reducing personal holdings by ₹6.6m.