{"id":143586,"date":"2023-04-06T03:28:37","date_gmt":"2023-04-06T07:28:37","guid":{"rendered":"https:\/\/44.250.171.167\/?p=143586"},"modified":"2023-04-06T03:28:39","modified_gmt":"2023-04-06T07:28:39","slug":"aurum-proptech-limited-q3-fy23-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/aurum-proptech-limited-q3-fy23-earnings-conference-call-insights\/","title":{"rendered":"Aurum PropTech Limited Q3 FY23 Earnings Conference Call Insights"},"content":{"rendered":"<p><strong>Key highlights from Aurum PropTech Limited (AURUM) Q3 FY23 Earnings Concall<\/strong><\/p>\n<p><strong>Management Update:<\/strong><\/p>\n<ul>\n<li>[00:02:20] AURUM achieved exponential growth, with 3Q revenue of INR 38.6 crores, which was 5 times higher than the revenue from 3Q22.<\/li>\n<\/ul>\n<ul>\n<li>[00:02:37] The company said it is confident of achieving its projected 4Q revenue of INR50 crores, despite starting the year with revenue of around INR14 crores.<\/li>\n<\/ul>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>[00:15:52] Aditya Sen from RoboCapital asked about the reason for employee cost increasing from INR10 crore to INR15 crore currently. Kunal Karan CFO said the rise in employee cost evident in 3Q23 resulted due to the addition of new companies. As new companies join AURUM, new team members are added, resulting in increased costs. The company expects this trend to continue.<\/li>\n<\/ul>\n<ul>\n<li>[00:18:09] Aditya Sen from RoboCapital enquired about the EBITDA on the RaaS and SaaS business. Kunal Karan CFO replied that RaaS has depreciation cost within it. So if that\u2019s remove, then the RaaS EBITDA will improve more.<\/li>\n<\/ul>\n<ul>\n<li>[00:18:44] Aditya Sen from RoboCapital queried about any aspiration target for revenue for the next 2-3 years. Kunal Karan CFO answered that currently the focus is on 4Q23 revenue of INR50 crores. However, there is expectation of exponential growth in revenue for upcoming quarters. AURUM plans to provide more details about this in the next earnings call. The current focus is on delivering the previously projected and committed targets.<\/li>\n<\/ul>\n<ul>\n<li>[00:35:07] Rahul Jain from Dolat Capital asked about the organic and inorganic breakup of the growth and the key drivers. Kunal Karan CFO replied that out of the total revenue of approx. INR39 crores in the current quarter, the organic component is around INR2.5 crores, accounting for only 10% of the total. The remaining 90% of the revenue is contributed by the inorganic growth, which may take time to mature as the products are still in the process of being prepared.<\/li>\n<\/ul>\n<ul>\n<li>[00:40:13] Rahul Jain from Dolat Capital enquired about the challenges in interest rate and how the macro situation may impact growth projections. Onkar Shetye ED answered there has been a lack of available banking capital for real estate due to the 2014-2020 banking crisis, leading to increased demand for foreign institutional capital. Another significant development is changing consumer behavior between 2015-2020 driving technological advancements and evolution in real estate sector from a consumer perspective.<\/li>\n<\/ul>\n<ul>\n<li>[00:42:09] Devang Chokani from Devang Management asked if the company is planning to expand the functions of HelloWorld. \u00a0Onkar Shetye ED replied that HelloWorld is company\u2019s integrated ecosystem and now has a new product line called HelloWorld Select. This premier co-living cohort helps the company expand its target customer base and allows to upsell existing tenants to more premium facilities with a strategic focus ongoing deeper in the Student Living segment, leveraging good control and understanding of this large market.<\/li>\n<\/ul>\n<ul>\n<li>[00:44:41] Devang Chokani from Devang Management enquired about the growth plans and potential for Aurum InstaHome. Onkar Shetye ED said that InstaHome&#8217;s unique business model revolves around &#8220;click, set, sold&#8221; in the residential real estate resale segment. It offers fair, real-time prices, provide tools for sellers to expand their reach, and offer branded apartments with standardized offerings. They have completed a successful proof-of-concept in Navi Mumbai and plan to expand to other cities while offering exclusive offerings as they deepen their market penetration.<\/li>\n<\/ul>\n<ul>\n<li>[00:47:31] Faisal Hawa from H.G. Hawa enquired about any revenue target for FY23-24. Onkar Shetye ED said that the company expects the growth momentum seen in the current year to continue. And plan to make projections in the next quarter, similar to the earlier projection of becoming a INR200 crore company.<\/li>\n<\/ul>\n<ul>\n<li>[00:47:41] Faisal Hawa from H.G. Hawa also asked if the company has any plans to merge all the companies fully owned by AURUM. Kunal Karan CFO replied that the subsidiaries were created with specific business requirements and need independent approvals from statutory authorities. Each subsidiary has its own management and should run independently. Mixing them with a larger organization may hinder their operations. Currently, it&#8217;s early stages as the acquisitions are recent.<\/li>\n<\/ul>\n<ul>\n<li>[00:52:31] Faisal Hawa from H.G. Hawa asked about any progress and data generation updates on the AI and facial recognition software for capturing customer reactions. Onkar Shetye ED said the company has integrated this data into its existing products, including Sell.do. Aurum Analytica will soon use this data to track consumer behavior and predict their behavior over time.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from Aurum PropTech Limited (AURUM) Q3 FY23 Earnings Concall Management Update: [00:02:20] AURUM achieved exponential growth, with 3Q revenue of INR 38.6 crores, which was 5 times higher than the revenue from 3Q22. [00:02:37] The company said it is confident of achieving its projected 4Q revenue of INR50 crores, despite starting the year [&hellip;]<\/p>\n","protected":false},"author":1767,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9825,392,8],"tags":[8588,10169,5075],"class_list":["post-143586","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-earnings","category-technology-stocks","tag-consulting","tag-earnings","tag-it-services"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":135408,"url":"https:\/\/alphastreet.com\/india\/aurum-proptech-limited-q2-fy23-earnings-conference-call-insights\/","url_meta":{"origin":143586,"position":0},"title":"Aurum PropTech Limited Q2 FY23 Earnings Conference Call Insights","author":"Praveen","date":"October 19, 2022","format":false,"excerpt":"https:\/\/youtu.be\/k-EuPtjHnAE Key highlights from Aurum PropTech Limited (AURUM) Q2 FY23 Earnings Concall Q&A Highlights: [00:16:23] Darshil Zaveri of Crown Capital asked about cost going forward with respect to revenue increasing. Kunal Karan CFO replied that INR50 crore of revenue in 4Q23 will not breakeven as AURUM will not be PBT\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":135433,"url":"https:\/\/alphastreet.com\/india\/aurum-proptech-q2-fy23-real-estate-as-a-service-segment-surged-to-%e2%82%b923-57-cr\/","url_meta":{"origin":143586,"position":1},"title":"Aurum Proptech Q2 FY23; Real Estate as a Service Segment Surged To \u20b923.57 Cr","author":"Hardik Bhandare","date":"November 3, 2022","format":false,"excerpt":"Aurum Proptech Limited (NSE: AURUM) reported a Revenue from Operations of \u20b928.30 Crores, a significant boost from \u20b90.08 Crore from the same quarter previous year. The Revenue was driven by the Real Estate as a Service (RAAS) Segment which surged to \u20b923.57 Crore. The Consolidated Net Loss for the business\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/a11ff22c-25b8-45de-98fd-51638ba78db9-2-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/a11ff22c-25b8-45de-98fd-51638ba78db9-2-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/a11ff22c-25b8-45de-98fd-51638ba78db9-2-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/a11ff22c-25b8-45de-98fd-51638ba78db9-2-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/a11ff22c-25b8-45de-98fd-51638ba78db9-2-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/a11ff22c-25b8-45de-98fd-51638ba78db9-2-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":169357,"url":"https:\/\/alphastreet.com\/india\/aurum-proptech-ltd-q1fy26-5-rise-in-revenue\/","url_meta":{"origin":143586,"position":2},"title":"Aurum Proptech Ltd Q1FY26; 5% rise in Revenue","author":"Divyansh_Kasana","date":"July 25, 2025","format":false,"excerpt":"Incorporated in 1996, Aurum PropTech Ltd is in the business of software development and other services for the real estate Financial Results: Aurum Proptech Ltd reported Revenues for Q1FY26 of \u20b968.00 Crores up from \u20b965.00 Crore year on year, a rise of 4.62%. Total Expenses for Q1FY26 of \u20b988.00 Crores\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/L-8.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/L-8.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/L-8.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/L-8.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/L-8.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/L-8.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155292,"url":"https:\/\/alphastreet.com\/india\/aurum-proptech-ltd-q2fy24-89-rise-in-revenue\/","url_meta":{"origin":143586,"position":3},"title":"Aurum Proptech Ltd Q2FY24; 89% rise in Revenue","author":"Divyansh_Kasana","date":"October 25, 2023","format":false,"excerpt":"Financial Results: Aurum Proptech Ltd reported Revenues for Q2FY24 of \u20b953.00 Crores up from \u20b928.00 Crore year on year, a rise of 89.29%. Total Expenses for Q2FY24 of \u20b986.00 Crores up from \u20b944.00 Crores year on year, a rise of 95.45%. Consolidated Net Profit of -\u20b924.00 Crores from -\u20b911.00 Crores\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-113.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-113.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-113.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-113.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-113.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-113.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149294,"url":"https:\/\/alphastreet.com\/india\/aurum-proptech-ltd-q1fy24-193-rise-in-revenue\/","url_meta":{"origin":143586,"position":4},"title":"Aurum Proptech Ltd Q1FY24; 193% rise in Revenue.","author":"Divyansh_Kasana","date":"July 18, 2023","format":false,"excerpt":"Company Description: Aurum PropTech is a cutting-edge technology company revolutionizing the real estate industry. Leveraging advanced AI and data analytics, we provide innovative solutions for property management, investment analysis, and market insights. Our mission is to empower real estate professionals with the tools they need to make informed decisions and\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-58.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-58.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-58.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-58.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-58.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-58.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171755,"url":"https:\/\/alphastreet.com\/india\/aurum-proptech-q2-fy26-earnings-results\/","url_meta":{"origin":143586,"position":5},"title":"Aurum PropTech\u00a0Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"October 23, 2025","format":false,"excerpt":"Incorporated in 1996, Aurum PropTech Ltd operates in the business of software development and digital technology services for the real estate industry. The company focuses on developing PropTech solutions and digital platforms that enhance real estate transactions, rentals, and property management. Q2 FY26 Earnings Summary\u00a0 Consolidated revenue rose 28.99% year\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/u.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/u.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/u.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/u.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/u.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/u.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/143586","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1767"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=143586"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/143586\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=143586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=143586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=143586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}