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Aurum PropTech Limited Earnings Release 2024

Apr 29, 2024

62518_rns_2024-04-29_ac2972d3-06b6-4445-bbb1-d45fbacbd07b.pdf

Earnings Release

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Date: April, 29, 2024 Listing Department Listing Department BSE Limited National Stock Exchange of India Phiroze Jeejeebhoy Towers Limited Dalal Street, Fort, Bandra Kurla Complex Mumbai - 400 001 Bandra East Mumbai – 400 051

BSE Scrip Code: 539289 NSE Symbol: AURUM

Dear Sir/Madam,

Sub.: Media Release - Consolidated and Standalone audited Financial Results for the quarter and year ended March 31, 2024.

In continuation of our letter of April 29, 2024 on the Consolidated and Standalone Audited Financial Results for the quarter and year ended March 31, 2024, we send herewith a copy of Media Release being issued by the Company in this regard.

The Consolidated and Standalone Audited Financial Results for the quarter and year ended March 31, 2024, approved by the Board of Directors and the Media Release thereon will also be available on the Company’s website www.aurumproptech.in.

You are requested to take the above on record.

Thanking you.

Yours faithfully,

For Aurum PropTech Limited

(Formerly known as Majesco Limited)

Sonia Digitally signed by Sonia Hitesh Hitesh Jain Date: 2024.04.29 Jain 16:18:34 +05'30'

Sonia Jain Company Secretary & Compliance Officer

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MEDIA RELEASE

29[th] April, 2024

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CONSOLIDATED RESULTS FOR THE YEAR ENDED 31[st] MARCH 2024

Aurum PropTech accelerates its Growth Momentum

Revenue from Operations at ₹ 214 crores, up by 69% Y-o-Y

EBIDTA margin improved by over 1150 bps Y-o-Y

Y-o-Y CONSOLIDATED FINANCIAL HIGHLIGHTS ( FY2024 vs FY2023)

  • Revenue from Operations in FY2024 at ₹ 214.05 crores as compared to ₹ 126.87 crores in FY2023 up by 69%.

  • Total Income in FY2024 at ₹ 233.07 crores as compared to ₹ 139.04 crores in FY2023 up by 68%.

  • EBITDA for FY2024 at ₹ 22.12 crores as compared to ₹ (2.90) crores in FY2023, improving EBITDA margins significantly.

Q-o-Q CONSOLIDATED FINANCIAL HIGHLIGHTS (Q4 FY2024 vs Q4 FY2023)

  • Revenue from Operations in Q4 FY2024 at ₹59.81 crores as compared to ₹ 57.31 crores in Q3 FY2024 up by 4%.

  • Total Income in Q4 FY2024 at ₹ 65.73 crores as compared to ₹ 62.09 crores in Q3 FY2024 up by 6 %.

  • EBITDA for Q4 FY2024 at ₹ 20.47 crores as compared to ₹ 2.71 crores in Q3 FY2024.

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MEDIA RELEASE

Commenting on the results, Onkar Shetye, Executive Director, Aurum PropTech said:

We are pleased to announce another year of consistent performance across revenue, road to profitability, user growth and tech innovation.

Total Income grew to INR 233 crores, demonstrating a robust 68% Y-o-Y growth with EBIDTA improving to 9.9%, displaying a sustained EBIDTA margin improvement of ~ 1150 BPS Y-o-Y. This year is also special as we were able to make a notable acquisition and turnaround of the country’s largest rental market place, NestAway Technologies.

We are confidently moving forward, committed to our goal of making rental, distribution and capital value chain in real estate Future-Ready through our Integrated PropTech Ecosystem, leveraging technology, data, capital and services.

About Aurum PropTech:

Aurum PropTech Limited (www.aurumproptech.in) is a company listed with BSE Limited (Scrip code: 539289) and National Stock Exchange of India Limited (Scrip code: AURUM). It aims to bring transparency, trust and digital transformation in the real estate sector through its Integrated PropTech Ecosystem.

About Aurum Ventures:

Aurum Ventures (www.aurumventures.in) is a new age Real Estate Group with end-to-end capabilities from Acquisition, Design, Execution, Project Management, Property Management, Sales, Leasing and Hospitality. It is bringing digital transformation to thereal estate sector through its PropTech Ecosystem.

Forward Looking Statements :

Certain statements in this media release, concerning our future growth prospects are forwardlooking statements, which involve several risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

For details please contact:

Sonia Jain Akash Jagnani Company Secretary & Compliance Officer Investor Relations Email: [email protected] Email: [email protected]

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