PropEquity (PROPEQUITY) Q2 25/26 earnings summary

Executive summary

• Delivered positive revenue growth every quarter since IPO in April 2022, with H1 FY26 showing continued expansion.

• Serves over 225 clients with an 81% retention rate, covering 50 Indian cities and 18+ years of data.

• Board approved audited standalone and consolidated financial results for the half year ended 30th September 2025.

• Both standalone and consolidated results were reviewed by independent auditors, with no material misstatements identified.

Financial highlights

• Standalone revenue for H1 FY26 was ₹144,803k, up from ₹116,370k in H1 FY25.

• Standalone net profit for H1 FY26 was ₹76,701k, compared to ₹53,548k in H1 FY25.

• Consolidated revenue for H1 FY26 was ₹216,798k, down from ₹228,085k in H1 FY25.

• Consolidated net profit for H1 FY26 was ₹73,516k, up from ₹64,416k in H1 FY25.

• Standalone EPS for H1 FY26 was ₹7.32, up from ₹5.11 in H1 FY25; consolidated EPS was ₹6.91, up from ₹6.40.

• Subscription business revenue increased 20% year-over-year; research & consulting up 149%.

• Valuation/CRM business revenue declined 35% year-over-year.

• Other income rose 32% year-over-year.

• Standalone revenue from operations up 24% year-over-year; total income up 26%.

• Standalone PBT rose 44% year-over-year to ₹1,03,263 thousand.

• Subsidiary (PropEdge) revenue declined 35% year-over-year; PBT swung to a loss of ₹7,259 thousand from a profit of ₹17,876 thousand.

Outlook and guidance

• Unutilized IPO funds as of 30th September 2025 were ₹66.83 million, temporarily invested in scheduled bank deposits.