PropEquity (PROPEQUITY) Q1 25/26 earnings summary

Executive summary

• Achieved positive revenue growth for every quarter since IPO in April 2022, with Q1 FY26 showing continued expansion.

• Serves 225+ clients with 81% retention, covering 47 Indian cities and over 1.3 crore projects.

Financial highlights

• Consolidated revenue grew 1% year-over-year to ₹121,609 thousand in Q1 FY26.

• Subscription business revenue increased 17% year-over-year; research & consulting up 167%.

• Valuation/CRM business revenue declined 28% year-over-year.

• Consolidated profit before tax (PBT) rose 2% year-over-year to ₹50,818 thousand.

• Standalone PBT increased 29% year-over-year to ₹50,443 thousand; subsidiary PBT dropped 96%.

Segment performance

• Subscription business: ₹64,345 thousand, up 17% year-over-year.

• Research & consulting: ₹5,555 thousand, up 167% year-over-year.

• Valuation/CRM: ₹36,613 thousand, down 28% year-over-year.

• Other income (mainly interest/dividends): ₹15,096 thousand, up 17% year-over-year.