Aurum PropTech - Pioneering India’s Proptech Ecosystem; Dolat Capital Initiates Coverage With A Buy

Dolat Capital Report

Proptech companies, leveraging innovative technologies and tailored solutions for the real estate industry, have now gained significant prominence due to their vast potential market and increasing digitization preferences among consumers.

Aurum Proptech Ltd., is one such new-aged technology company, that will emerge as an influential game changer in India’s solid proptech growth momentum led by-

1. its strong market positioning,

2. comprehensive portfolio of new-age platforms/products, and

3. end-to-end mapping of consumer needs along lifecycle.

We expect revenue compound annual growth rate of 46% over FY24-FY27E along with profit after tax profitability in FY27E.

We initiate coverage with ‘Buy’ rating and DCF based target price of Rs 250 implying FY27E enterprise value/Ebit of 48 times.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.