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PropertyPistol names Sachin Malhotra partner and CEO for UAE
Former Damac and Aldar executive to drive cross-border growth
NATIONAL: PropertyPistol has appointed Sachin Malhotra as partner and chief executive for its UAE business, as the Indian real estate advisory steps up its international expansion.
The appointment, announced on 10 February, strengthens the company’s senior leadership as it looks to deepen its footprint in the UAE and build cross-border investment capabilities.
Malhotra brings more than two decades of leadership experience across real estate, banking and financial services, with a focus on international markets. He has previously held senior roles at Damac Properties and Aldar Properties PJSC, where he led UAE and global business development initiatives and executed high-value transactions across multiple geographies.
In his new role, Malhotra will oversee PropertyPistol’s UAE strategy, strengthen developer partnerships, expand cross-border investment platforms and build a scalable regional organisation aligned with the company’s global ambitions.
Commenting on the appointment, PropertyPistol founder and managing director Ashish Narain Agarwal, said Malhotra’s deep understanding of the UAE real estate ecosystem and his execution experience would support the company’s international roadmap.
Malhotra said PropertyPistol’s technology-led, data-driven advisory model had built strong credibility in the market. He said his focus would be on scaling the UAE business, strengthening stakeholder partnerships and building an organisation grounded in transparency, governance and long-term value creation.
Founded in 2012 and headquartered in Navi Mumbai, PropertyPistol operates a full-stack real estate services platform connecting builders, buyers and brokers, with zero brokerage for buyers. The company has more than 30 offices across India and the UAE, including Dubai, Abu Dhabi and Sharjah, and has sold over 32,000 homes worth $4 billion in transactions to date.
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Bajaj Consumer Care FY26 profit rises to Rs 193.7 crore
Revenue climbs to Rs 1,092 crore as profit grows 49 per cent YoY
MUMBAI: Hair today, growth tomorrow Bajaj Consumer Care Limited seems to have found its shine again, posting a sharp jump in profitability even as it doubled down on brand spends and expansion. The company reported a net profit of Rs 193.7 crore for FY26, marking a strong 49 per cent rise from Rs 130.1 crore in FY25. Revenue from operations also grew to Rs 1,092.2 crore, up from Rs 942.8 crore a year earlier, signalling steady demand momentum across its portfolio.
For the March quarter, profit stood at Rs 64.1 crore, compared to Rs 31.5 crore in the corresponding period last year, while revenue rose to Rs 308.3 crore from Rs 243.5 crore.
The performance came despite a notable increase in spending. Advertising and sales promotion expenses climbed to Rs 168.3 crore in FY26, up from Rs 137.8 crore in FY25, reflecting continued investment in brand building. Other expenses also rose to Rs 151.3 crore from Rs 134.2 crore, indicating a broader push towards growth.
Operating efficiency, however, held firm. Profit before tax increased to Rs 234.8 crore in FY26 from Rs 157.7 crore a year earlier, supported by disciplined cost management across materials and inventory.
On the balance sheet, the company’s total assets expanded to Rs 959.1 crore as of March 31, 2026, compared to Rs 931.9 crore a year earlier. Other equity rose to Rs 780.3 crore, reinforcing a stronger financial base.
Cash flow from operations saw a significant uptick, reaching Rs 196.9 crore in FY26, nearly three times the Rs 67.9 crore recorded in FY25, highlighting improved working capital management.
However, the year also saw aggressive capital allocation. The company spent Rs 190.2 crore on share buybacks, contributing to a net cash outflow of Rs 196.5 crore from financing activities. Cash and cash equivalents stood at Rs 6.8 crore at the end of the year, down from Rs 25.6 crore.
Even as investments in subsidiaries and assets continued, the numbers suggest a company balancing growth ambitions with shareholder returns keeping one eye on expansion and the other on efficiency.
With margins improving and revenue steadily climbing, Bajaj Consumer Care appears to be combing through the competition with renewed confidence.
