Aurum PropTech Limited (earlier known as Majesco Limited) was incorporated as a Public Limited Company on June 27, 2013, founded by the first-generation promoter, Mr. Ashish Deora, in 1999. The company is in the business of software development for the real estate and other services relating to real estate. Incorporated in 1996, Aurum PropTech Ltd integrates tech expertise in real estate, building and operating PropTech products, services, and platforms catering to the B2B, B2C, B2B2C, and D2C Real Estate Value Chains.
The company operates as a comprehensive real estate technology ecosystem, transforming traditional real estate operations through innovative digital solutions. It operates through Software as a Service (SaaS) and Real Estate as a Service segments, focusing on software development for real estate and related services.
Aurum PropTech operates across multiple business segments, each contributing to its integrated real estate technology platform. The company's segments include Software as a Service (SaaS), where it derives revenue from customers for the use of its IT products, and Real Estate as a Service (RaaS), which focuses on real estate-related services.
The company's product portfolio includes several key platforms designed to serve different aspects of the real estate value chain:
* Sell.Do: A customer relationship management (CRM) platform specifically for real estate.
* Nestaway: A rental management platform that connects property owners with tenants.
* Aurum Analytica: Offers consumer profiles and cohorts, lead generation, data analytics, and a broker community platform.
* AurumLiv: Provides consumer experience and real estate services.
* TheHouseMonk: A platform for booking management, contract administration, and tenant help desk.
* TheOfficeMonk: An end-to-end commercial property management software.
* Integrow Asset Management: A data-driven asset management platform for real estate.
* Aurum WiseX: A real estate investment platform.
* Aurum KuberX: A home loan platform.
* HelloWorld: A co-living platform for students and young professionals.
* BeyondWalls: Offers inventory and price information, collaterals, wallets, and other value-added services to brokers.
* Aurum instaHome: Provides property valuations for home sale and resale properties.
Aurum PropTech Ltd has a market capitalization of ₹1,461 crore as of May 27, 2025. As per Value Research classification, it is a Small Cap company. The company has shown a consistent growth trajectory despite facing operational challenges.
For Q3 FY2025, Aurum PropTech's consolidated net loss narrowed to ₹6.60 crore in the December quarter on better income, compared to a net loss of ₹18.53 crore in the year-ago period. Total income rose to ₹70.23 crore during the October-December period of this fiscal from ₹62.09 crore in the corresponding period of the previous financial year.
For the nine-month period ending December 2024, the company's net loss was ₹26.16 crore against a loss of ₹51.27 crore in the year-ago period. Total income grew to ₹206.94 crore in the first nine months of this fiscal from ₹167.33 crore in the corresponding period of the preceding financial year.
* Market Capitalization: ₹1,461 crore (as of May 27, 2025)
* Promoter Holding: 49.84% (as of May 2025)
* Revenue (Q4 FY2025): ₹78.04 crore
* Net Loss (Q4 FY2025): ₹-7.20 crore
* Operating Revenue (TTM): ₹253.24 crore on a trailing 12-month basis
* EBITDA Margin (Q3 FY2025): 24.7%, up from 21.5% in the previous quarter
* Rental Business Revenue (Q3 FY2025): ₹43.98 crore (68% of total revenue)
* Distribution Segment Revenue (Q3 FY2025): ₹17.85 crore
The rental business segment represents the company's strongest performing division. Aurum PropTech's rental business segment delivered an annual growth of 28% for the nine-month period ending December 31, 2024. The rental platforms now manage 33,500 rental units across co-living and family rental categories in over 15 cities nationwide. The average blended occupancy rate stood at 75%, demonstrating robust demand for rental properties from young professionals and families. The rental segment contributed significantly to overall revenue performance, with a 28% year-on-year revenue increase, supported by new offerings like NestAway Lite.
The distribution business segment has emerged as a high-margin contributor to the company's revenue stream. This segment, comprising its data analytics, marketing automation, and sales automation products, has transformed over 1,000 real estate enterprises. Sell.do and Aurum Analytica achieved an annual 35% income growth for the nine months ending December 31, 2024. The distribution business segment experienced a 55% year-on-year growth, with a significant net margin of 18%, driven by technology adoption and data analytics.
The company is positioned for significant growth through strategic initiatives and market expansion. Aurum PropTech Ltd is focusing on hyper-growth, aiming to double product revenues while maintaining strong unit economics, with a roadmap for market share expansion in the coming quarters.
A key strategic initiative involves the SM-REIT model. The company is on track to launch its first asset under the SM-REIT model, which is expected to redefine fractional ownership and enhance real estate investment accessibility. However, the company has not yet received the SM-REIT license from SEBI, which is crucial for launching new investment models.
Aurum PropTech has appointed Ashish Deora, founder and CEO of Aurum Ventures, as a non-executive director. Deora highlights the USD 100 billion opportunity in India's PropTech sector and outlines the company's growth strategy towards achieving ₹1,000 crore in revenue.
The company's leadership remains optimistic about future growth prospects. Onkar Shetye, Executive Director of Aurum PropTech, stated: "With focused execution, we have delivered consistent revenue and profitability growth throughout the last five quarters. Our integrated PropTech ecosystem is poised to deliver the next trajectory of growth."
Aurum PropTech stands at the forefront of India's real estate technology revolution, combining innovative solutions with strategic market positioning to capture the growing demand for digitized real estate services across multiple segments.
