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Aurum Proptech Ltd logo

Aurum Proptech Ltd

NSE: AURUM BSE: 539289

₹180.03

(2.31%)

Thu, 28 May 2026, 00:50 am

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Aurum Proptech Analysis

dividend

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Pros

  • Dividends paid are thoroughly covered by earnings (16.2x coverage).
  • Dividends after 3 years are expected to be thoroughly covered by earnings (15.9x coverage).
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Cons

  • Majesco only just started paying a dividend, it is too early to tell if payments are increasing.
  • It is too early to tell whether Majesco has stable dividend payments.
  • Majesco's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.76%).
  • Majesco's dividend is below the markets top 25% of dividend payers in India (3.08%).

future

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Pros

  • Majesco's earnings growth is expected to exceed the low risk savings rate of 7.2%.
  • Majesco's revenue growth is expected to exceed the India market average.
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Cons

  • Cash flow for Majesco is expected to increase but not above the 50% threshold in 2 years time.
  • Majesco's earnings are expected to grow by 10% yearly, however this is not considered high growth (20% yearly).
  • Majesco's earnings growth is positive but not above the India market average.
  • Majesco's earnings are expected to decrease over the next year.
  • Majesco's net income is expected to increase but not above the 50% threshold in 2 years time.
  • Majesco is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
  • Performance (ROE) is not expected to exceed the current IN Software industry average.
  • A decline in Majesco's performance (ROE) is expected over the next 3 years.
  • Majesco's revenue is expected to increase but not above the 50% threshold in 2 years time.
  • Majesco's revenue is expected to grow by 9.6% yearly, however this is not considered high growth (20% yearly).

health

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Pros

  • Majesco is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Majesco is profitable, therefore cash runway is not a concern.
  • Majesco is profitable, therefore cash runway is not a concern.
  • Debt is well covered by operating cash flow (23421.6%, greater than 20% of total debt).
  • Debt is covered by short term assets, assets are 1535.6x debt.
  • Majesco's cash and other short term assets cover its long term commitments.
  • The level of debt compared to net worth has been reduced over the past 5 years (9.3% vs 0.1% today).
  • Interest payments on debt are well covered by earnings (EBIT is 40.9x coverage).
  • Majesco's level of debt (0.1%) compared to net worth is satisfactory (less than 40%).
  • Low level of unsold assets.
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Cons

    management

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    Pros

    • More shares have been bought than sold by Majesco individual insiders in the past 3 months.
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    Cons

    • The average tenure for the Majesco board of directors is less than 3 years, this suggests a new board.
    • The average tenure for the Majesco management team is less than 2 years, this suggests a new team.

    misc

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    Pros

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      Cons

      • Majesco has significant price volatility in the past 3 months.

      past

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      Pros

      • Majesco has delivered over 20% year on year earnings growth in the past 5 years.
      • Majesco has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
      • Majesco's earnings growth has exceeded the IN Software industry average in the past year (28% vs -9.1%).
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      Cons

      • Majesco's 1-year earnings growth is less than its 5-year average (28% vs 58.1%)
      • Majesco used its assets less efficiently than the IN Software industry average last year based on Return on Assets.
      • Majesco has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).

      value

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      Pros

      • Majesco's share price is below the future cash flow value, and at a moderate discount (> 20%).
      • Majesco's share price is below the future cash flow value, and at a substantial discount (> 40%).
      • BSE:539289 is up 19.3% outperforming the Software industry which returned 11.5% over the past month.
      • BSE:539289 is up 19.3% outperforming the market in India which returned 8% over the past month.
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      Cons

      • Majesco is overvalued based on assets compared to the IN Software industry average.
      • Majesco is poor value based on expected growth next year.
      • Majesco is overvalued based on earnings compared to the IN Software industry average.
      • Majesco is overvalued based on earnings compared to the India market.
      • 539289 underperformed the Software industry which returned -27.7% over the past year.
      • 539289 underperformed the Market in India which returned -14.5% over the past year.