Aurum PropTech Q2 FY27: Revenue up 64% YoY, margins rise

What Aurum PropTech reported in its Q2 FY27 update

Aurum PropTech Limited shared the outcome of its analyst and investor meet under Regulation 30 (LODR) alongside its Q2 FY 2026-27 investor presentation on October 16, 2026, via BSE filings. The disclosures were accompanied by commentary from the company’s earnings call, where management discussed quarterly performance and the integration of Housing.com. The quarter was positioned as another profitable period, with Aurum reporting its fourth consecutive profitable quarter. Management also highlighted margin expansion, stronger cash generation in the first half, and very low bank borrowings.

The Q2 FY27 numbers showed sharp growth in revenue from operations and a year-on-year swing to profit before tax for continuing operations. Alongside financial performance, the key corporate development was the completion of the all-stock acquisition of Housing.com through Locon Solutions. The transaction closed on September 29, 2026 and materially expanded the group’s scale, assets, and equity base.

Regulation 30 filings: earnings call and investor presentation

The company’s disclosures included an “Earnings Call - Audio Recording” update and an “Investor Presentation - Q2 FY 2026-27,” both dated October 16, 2026 (Source: BSE). Aurum’s earnings date for Q2 FY26-27 was also listed as October 16, 2026.

Separately, the investor coverage notes around the event indicated that the call recording and transcript were not yet available at the time of those postings. The filings and call commentary, however, captured management’s discussion on revenue growth, margin movement, segment performance, and the immediate post-acquisition actions at Housing.com.

Top line growth: total income and revenue from operations

Aurum reported total income of ₹137 crore in Q2 FY27, up 56% year-on-year. Revenue from operations came in at ₹130.2 crore, up 64% year-on-year from ₹79.4 crore. On a sequential basis, revenue from operations rose 16% from ₹111.8 crore.

For the first half, the company reported revenue of ₹242 crore, up 67%. Management attributed growth to broad-based performance across verticals, while also noting that Q2 is typically the softest quarter for the industry. The sequential uplift, coupled with the first-half growth, was highlighted as evidence of operating momentum going into the second half.

Profitability: PBT margin improvement and EPS from continuing operations

Management stated that profit before tax (PBT) margins improved by about 1,200 basis points, with the reported PBT margin at 4.8%. The earnings call also referenced a 1,270 basis point improvement to 4.8%, indicating a meaningful rebound in profitability metrics.

The company reported a profit before tax of ₹6.8 crore from continuing operations, compared with a loss of ₹8.9 crore in the year-ago quarter. Profit after tax from continuing operations was ₹4.3 crore, and basic EPS was ₹0.52, compared with a loss per share in the prior year.

EBITDA metrics: adjusted margin expansion and reported EBITDA

Aurum said adjusted EBITDA margin widened by 840 basis points to 11.5%, citing operating leverage and tighter cost controls. On a reported basis, EBITDA was ₹41 crore with a margin close to 30%.

For H1, reported EBITDA was ₹78.5 crore with a 30.6% margin, up from 28.3% a year earlier. These figures were presented alongside the narrative that profitability discipline on unit economics has held through the cycle, with Q2 FY27 being the fourth straight profitable quarter.

Housing.com acquisition: what closed and what changed

Aurum completed the all-stock acquisition of Housing.com via Locon Solutions on September 29, 2026. The company said the transaction roughly doubled the size of its balance sheet and reshaped the group going into the second half. As part of the deal, 1.98 crore new shares were issued and about ₹458 crore was added to equity.

Management positioned Housing.com as a flagship consumer gateway for the group, citing its scale of over 58 million monthly visits and 45 million monthly active users. Aurum said the platform is being integrated across its developer, broker, transaction, financing, and living businesses, with the objective of improving lead quality and conversion. The company added that synergies have been mapped and some benefits are expected to start reflecting in reported numbers over the next couple of quarters.

Post-deal actions: cost reductions and profitability target at Housing

Within a week of closing the Housing.com acquisition, Aurum said it implemented about ₹120 crore of cost reductions at Housing.com without a notable revenue impact. Management then outlined a growth push, targeting an additional ₹100-150 crore of revenue over four to six quarters.

The company also stated a goal to move Housing into profitability within 12-18 months. These timelines and targets were discussed as part of the integration plan, alongside the broader objective of applying Aurum’s unit-economics discipline to Housing’s operations.

Segment performance: distribution and rental businesses

Aurum disclosed that the distribution segment reported revenue of ₹69.7 crore, making up 54% of the group. This segment grew 25% sequentially and was stated to be 2.6 times last year’s level. Segment profit rose to ₹11.4 crore with a 16.3% margin.

The rental business posted revenue of ₹56.1 crore, up 10% year-on-year. It also moved from a loss of ₹4.3 crore to a profit of ₹0.9 crore, indicating a turnaround in that vertical.

Cash flows and balance sheet: cash pile, low borrowings, larger asset base

Operating cash flow from continuing operations in H1 rose to ₹60.8 crore. Aurum said this comfortably covered capital expenditure of ₹8.8 crore as well as lease obligations.

At quarter-end, the company reported ₹191.6 crore in cash and investments, with less than ₹1 crore in bank and other borrowings. Aurum also reported that total assets increased to ₹1,641 crore from ₹948 crore in March, while shareholders’ equity nearly doubled to ₹1,020 crore, primarily due to Housing.com consolidation.

Key numbers at a glance

Market impact: what investors track from here

From a market perspective, the quarter combined high revenue growth with margin expansion and continued profitability in continuing operations. Investors also received fresh data on cash generation, with H1 operating cash flow of ₹60.8 crore against capex of ₹8.8 crore, and on leverage, with borrowings under ₹1 crore and ₹191.6 crore in cash and investments.

The Housing.com acquisition is central to how the company’s reported balance sheet and operating profile could evolve. Aurum’s disclosures around immediate cost reductions of about ₹120 crore, and a revenue ramp target of ₹100-150 crore over four to six quarters, give investors measurable milestones to watch. The company’s stated aim to make Housing profitable within 12-18 months sets another explicit operational marker, although the pace of delivery will only be visible through subsequent quarterly disclosures.

Why the quarter matters for Aurum’s operating narrative

The Q2 FY27 update reinforced two themes management repeatedly emphasised: scaling revenues across verticals and tightening profitability through unit economics. Revenue from operations grew to ₹130.2 crore, while the company reported a year-on-year swing to PBT of ₹6.8 crore from a loss, alongside a 4.8% PBT margin.

The second theme is the company’s shift in scale after consolidating Housing.com. With assets rising to ₹1,641 crore from ₹948 crore in March and equity at ₹1,020 crore, the acquisition changes the base from which future performance will be measured. Management’s commentary that synergies have been mapped and could start showing over the next couple of quarters provides a near-term lens for tracking integration progress.

Conclusion

Aurum PropTech’s Q2 FY27 disclosures showed strong year-on-year growth in revenue from operations, improved margins, and continued profitability in continuing operations. The quarter also marked the completion of the Housing.com acquisition, with immediate cost actions and a stated timeline to drive the platform toward profitability.

The next set of quarterly results will be important for gauging how the integration is translating into reported numbers, especially against the company’s targets for additional revenue over four to six quarters and the 12-18 month profitability goal for Housing.