Aurum's other income exceeded pre-tax profit in Q2FY27
Operating margin improved against Q4FY26, but depreciation and interest kept consolidated pre-tax profit at Rs 6.82 cr.
Filed 16 Oct 2026, 12:35 IST · Aurum Proptech Ltd (AURUM)
Key takeaways
- Other income of Rs 7.34 cr exceeded consolidated pre-tax profit of Rs 6.82 cr, making profit quality the key issue.
- Operating margin improved from 24.45% in Q4FY26 to 26.01% in Q2FY27 as revenue rose from Rs 123.85 cr to Rs 130.19 cr.
- Aurum's 26.01% operating margin was 7.29 percentage points above the 18.72% median for 10 reported IT peers.
Price around the results
Operating improvement did not fully reach pre-tax profit
In consolidated Q2FY27 results, revenue rose from Rs 123.85 cr in Q4FY26 to Rs 130.19 cr, while operating profit increased from Rs 30.28 cr to Rs 33.86 cr. Expenses also moved up from Rs 93.57 cr to Rs 96.33 cr, but the operating margin improved from 24.45% to 26.01%. Interest of Rs 6.32 cr and depreciation of Rs 28.06 cr remained significant charges below operating profit.
Other income and tax make the profit comparison noisy
Other income was Rs 7.34 cr, higher than the Rs 6.82 cr consolidated pre-tax profit, so reported earnings were not driven only by operations. Net profit was Rs 4.29 cr against Rs 16.44 cr in Q4FY26, despite pre-tax profit rising from Rs 1.84 cr. The prior quarter included a tax credit of Rs 1.55 cr and a tax rate of -84.24%, compared with a tax charge of Rs 2.53 cr and a 37.1% tax rate this quarter.
Margin remained above the reported IT peer median
Aurum's 26.01% operating margin was 7.29 percentage points above the 18.72% median among 10 Information Technology peers that had reported. The available trend point shows margin improving from 24.45% in Q4FY26 to 26.01% in Q2FY27, although it does not establish a longer multi-quarter direction.
Presentation highlights digital expansion across property services
The presentation says Nestaway is building digital tools spanning renting through resale, while management describes HelloWorld as a technology-enabled co-living platform. It also says the distribution model connects brokers, developers and buyers through a centralised digital ecosystem, with AI-based lead scoring, predictive conversion insights and real-time campaign tracking.
Q2FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 |
|---|---|
| Revenue | ₹130 cr |
| Other income | ₹7 cr |
| Expenses | ₹96 cr |
| Operating profit | ₹34 cr |
| Operating margin (%) | 26.01% |
| Interest | ₹6 cr |
| Depreciation | ₹28 cr |
| Profit before tax | ₹7 cr |
| Tax | ₹3 cr |
| Net profit | ₹4 cr |
| EPS (₹) | ₹0.52 |
Operating margin of 26.01% compares with a Information Technology sector median of 18.72% across 10 peers that have reported Q2FY27.
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
New initiatives
- Nestaway is building digital solutions to simplify home management from renting to resale.
- HelloWorld offers a fully integrated, technology-enabled, affordable and flexible co-living platform.
- The distribution strategy uses a centralised digital ecosystem integrating brokers, developers and buyers.
- The distribution strategy uses AI-driven lead scoring and predictive conversion insights.
- The distribution strategy includes real-time performance tracking and ROI-optimised campaign allocation.
What to watch
- Whether operating margin holds above 26.01%.
- Whether other income remains below consolidated pre-tax profit of Rs 6.82 cr.
- Whether the tax rate moves from 37.1% after the prior quarter's -84.24% rate.