NoBroker Franchise

What the press, courts and real franchisees or customers have said about NoBroker — summarised by us, with every source linked.

• In the news· 2026-07-06

  Still loss-making; profit targeted in 12–15 months

  Inc42 (Jul 2026) reported NoBroker had not filed audited FY25 or FY26 accounts and was not yet profitable; co-founder Saurabh Garg said the first milestone is profitability in the next 12–15 months, and that financial services and home services together now contribute nearly half of revenue.

  Source: Inc42
• In the news· 2025-05-13

  FY24: ₹803 Cr revenue, ₹411 Cr loss

  Entrackr reported from RoC filings that operating revenue rose 32% to ₹803 Cr in FY24 while the net loss narrowed 19% to ₹411 Cr; it spent ₹1.62 for every rupee of operating revenue and booked ₹738 Cr as miscellaneous expenses.

  Source: Entrackr
• Legal / regulatory· 2025-03-17

  Consumer commission orders compensation over damaged goods (Hyderabad)

  Hyderabad District Consumer Commission-I ordered NoBroker to pay a customer ₹30,000 after goods were damaged in transit by its packers-and-movers service and no compensation followed.

  Source: Deccan Chronicle
• Legal / regulatory· 2024-10-30

  Consumer commission orders token refund (Rangareddy)

  Rangareddy District Consumer Commission found an unfair trade practice and ordered NoBroker to refund a ₹1 L token with 9% interest and ₹10,000 costs over a flat deal that fell through.

  Source: Siasat
• employee_opinion★ 3/5 · 2,871 ratings

  Employees rate NoBroker 3.0/5

  AmbitionBox shows a 3.0/5 rating for NoBroker from 2,871 employee reviews.

  Source: AmbitionBox

What NoBroker sells

Source: NoBroker home page menus

Legal & Contract Summary

Key contract terms at a glance — read before you sign.

About the Brand

The franchisor's own company health — separate from what a single franchise outlet earns.

A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.

Company Health Check

What NoBroker's franchisor company has filed with the registrar and the courts — the checks a lawyer would run before you sign.

Status with the registrar

Active

Annual filings

Up to date

Last AGM

12 Sep 2024

Late payments to small suppliers

1851

Paid-up capital

₹72.22 L

Auditor

Price Waterhouse Chartered Accountants LLP

Brand trademark

Not registered as at our check — the 'NoBroker' word mark (application 3022171, class 36, filed 31 Jul 2015) shows 'Objected' on the QuickCompany mirror of IP India; the company has filed many later NoBroker applications

Source: MCA data via Tracxn (Active, compliant, last AGM on record 12 Sep 2024, no open charges, 30 late GST filings in FY25, ₹1.88 Cr owed to MSME suppliers for over 45 days across 1,851 payments in Oct 2025–Mar 2026); Indian Kanoon and press; no insolvency found (checked Oct 2026)

How NoBroker looks once the numbers are checked side by side.

• !The franchisor company is loss-makingIts latest filed accounts show a net loss. Franchisors that lose money can cut support or change terms — ask how franchise operations are funded.
• ✓Brand operating for 12 yearsFounded in 2014. The brand doesn't state when franchising began.
• !5 red flags in the news or public discussionSee Reputation & News below, and ask the brand to address each one.

Ask Before You Sign

Questions tailored to what NoBroker does and doesn't publish.

1. 1Get written confirmation that NoBroker is taking franchisees at all before paying anything — see the note at the top of this page.
2. 2Ask for the one-time franchise fee in writing, and whether any part is refundable.
3. 3Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
4. 4Ask for the agreement term, renewal fee and exit or transfer terms.
5. 5Ask whether you get an exclusive territory, and how large it is.
6. 6Ask how the franchisor funds training and support while it's loss-making.
7. 7Ask the brand to respond to each red flag listed under Reputation & News.
8. 8Have a lawyer review the franchise agreement before paying anything.
9. 9Visit 2–3 existing outlets and speak to their owners without the brand present.

What NoBroker franchisees say

We haven't yet heard from enough NoBroker franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.