Aurum PropTech returned to profitability in Q2 FY27, reporting Rs 4.3 crore profit from continuing operations. Revenue surged 64% YoY to Rs 130.2 crore, bolstered by strong segment performance and the acquisition of Housing.com. The company remains effectively debt-free with Rs 191.6 crore in liquidity, now shifting its focus to integrating its recent acquisition and scaling its KuberX mortgage business.
Aurum PropTech Posts Q2 Profit as Housing.com Integration Begins
Revenue grew 64% YoY to Rs 130.2 crore; Profit after tax from continuing operations reached Rs 4.3 crore.
Reader Takeaway: Strong revenue growth and debt-free status bolster stability, but Housing.com integration remains the critical performance hinge.
What just happened
Aurum PropTech reported a return to profitability for Q2 FY27, marking its fourth consecutive profitable quarter. Revenue reached Rs 130.2 crore, up from Rs 79.4 crore in the same period last year. The company completed the acquisition of Housing.com on September 29, 2026, issuing 1.98 crore shares to REA India to finalize the transaction. The group is now effectively debt-free, with bank borrowings under Rs 1 crore and liquid assets totaling Rs 191.6 crore.
Why this matters
The acquisition of Housing.com has effectively doubled the company's balance sheet size. Management is now leveraging Rs 1,020 crore in carryforward losses from the new entity for tax optimization purposes. Additionally, the company’s new mortgage business, KuberX, is showing momentum, having disbursed Rs 200 crore in September alone, indicating an aggressive push into financial services for the real estate sector.
The backstory
The company has been transitioning toward a platform-led model in the real estate space. The recent acquisition is the cornerstone of this strategy. Management has clearly stated that for the short term, they will pause further inorganic growth to prioritize the operational integration of Housing.com, with a target to make that specific business unit profitable within 12 to 18 months.
Business Segment Performance
Distribution remains the largest revenue driver, contributing 54% of group revenue with a 16.3% margin. The rental segment also saw a turnaround, moving from a loss of Rs 4.3 crore in Q2 FY26 to a profit of Rs 0.9 crore this quarter. Meanwhile, the KuberX mortgage vertical is scaling rapidly, with an annualized disbursement run rate currently at Rs 2,400 crore.
Risks to watch
The primary risk is execution. The ambitious 12-18 month timeline for Housing.com to reach profitability requires seamless integration. Investors should also note that while the company reports resilience, any cyclical downturn in the broader Indian real estate market could affect transaction volumes across its distribution and rental platforms.
What to track next
Watch for updates on the KuberX mortgage disbursement targets, which aim for Rs 25,000 crore within 4 to 6 quarters. Additionally, monitor the quarterly progress reports regarding the integration of the Housing.com platform.