AURIONPRO

Aurionpro Solutions share price & financials

IP-led enterprise tech firm building banking, lending, transit-ticketing and data-centre platforms for 400+ clients in 30+ countries.

Price: ₹876.4
Market cap: ₹4.1k Cr
Sector: Information Technology
Calls analysed: 7

Latest concall · Q1 FY27 · call held 28 Jul 2026

Aurionpro Solutions Limited Q1 FY27

Revenue ₹358 cr +6%EBITDA ₹61 cr EBITDA Margin 17% PAT ₹45 cr

What went well

Revenue grew 6.3% year-on-year to ₹358 crores, demonstrating resilience.
Achieved a record 23 new customer logos in Q1, including the largest ever order in the US and a significant transaction banking mandate.
Strategic pivot to new geographies like Southeast Asia and Europe is gaining traction, with wins expected this year.

What to watch

Q1 growth and profitability were below the expected trajectory.
Margin drop attributed to capacity diversion towards AI-native stack build-outs and R&D, which is expensed.

Read the full call →

What Aurionpro Solutions Limited does

Aurionpro Solutions builds and sells its own software platforms and hardware-integrated solutions for banks, transit authorities and governments rather than doing pure staffing-model IT services. Its Banking and Fintech line sells transaction-banking, lending and treasury/capital-markets platforms (iCashpro, Integro Lending Suite) to banks and financial institutions across Asia, the Middle East and Africa. Its Technology Innovation Group (TIG) builds Automatic Fare Collection systems and hardware for metro/transit operators, plus data-centre design-and-build and hybrid cloud services. It earns revenue from a mix of software/license sales and services, and has grown through acquisitions (e.g. Arya.ai for explainable AI, Fenixys in capital markets, Toshi Automatic for transit hardware) to widen its product and geographic footprint.

Segments

Banking and Fintech
Technology Innovation Group (TIG)

Clients served globally: 400+
Employees (Aurionites): 3,000+
Countries with business presence: 30+
Years in operation: 28+ (founded 1997)
Smart terminal installations (mobility): 20,000+
Metro/transit systems using its Automatic Fare Collection: Mumbai, Delhi, Chennai (India) plus Egypt public transport modernisation

Founded 1997Headquarters Navi Mumbai, Maharashtra, IndiaEmployees 3,000 (FY26 (Mar 2026)) Company website

Guidance record · Q1 FY27

what the last two calls moved 24 tracked 8 delivered 3 missed 13 open

New Loan Servicing System Launch went quiet said Q2 FY26 Promised: probably out over the next three months Q1 FY27: Ghosted. No mention of the system launch in the Q1 FY27 earnings call, continuing the ghosted status.
Revenue CAGR > 30% revised down said Q3 FY26 Promised: Grow at a 30% clip over the next few years. Q1 FY27: Status confirmed. Management refused to provide FY27 guidance, citing uncertainty, and only guided for acceleration through the year, reinforcing the step-back from the 30% CAGR ambition.
FY26 EBITDA Margin delivered said Q1 FY26 Promised: 20% to 22% Q4 FY26: Achieved. Full year FY26 EBITDA margin was 20.02%, which is at the bottom end of the guided 20-22% range.

All 24 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 6.2%, net profit down 11.8% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27
Revenue	278	306	327	337	358 +29%	371 +21%	346 +6%	358 +6%
Expenses	222	242	261	269	286	296	279	297
EBITDA	56	64	66	68	72 +29%	75 +17%	67 +2%	61 −10%
Margin	20%	21%	20%	20%	20%	20%	19%	17%
Other income	5	4	3	3	10	-7	15	7
Interest	1	2	2	2	1	2	5	4
Depreciation	7	7	9	10	11	10	10	11
Profit before tax	53	59	59	60	69 +30%	56 −5%	67 +14%	52 −13%
Tax rate	14%	19%	14%	15%	20%	22%	8%	14%
Net profit	46	48	51	51	56 +22%	44 −8%	61 +20%	45 −12%
EPS	8.16	8.57	9.12	9.29	9.84	7.63	11.13	8.30

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −46.1% 1Y

1Y: ₹1,262.7 on 10 Sept 2025 → ₹680.85. High ₹1,262.7 (10 Sept 2025), low ₹664.95 (9 Sept 2026).

How the price took the results

close before → close after

Q1 FY27: −12.1%; 28 Jul
Q4 FY26: −12.4%; 12 May
Q3 FY26: −4.1%; 5 Feb
Q2 FY26: −2.4%; 4 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 28.9% a year over 3 years, FY23 to FY26. Operating margin narrowed to 20.0%.

Year ending	FY23	FY24	FY25	FY26
Revenue	₹660 Cr	₹888 Cr	₹1.2k Cr	₹1.4k Cr
Operating profit	₹144 Cr	₹194 Cr	₹242 Cr	₹282 Cr
Operating margin	21.8%	21.8%	20.6%	20.0%
Interest	₹11 Cr	₹13 Cr	₹7 Cr	₹10 Cr
Depreciation	₹16 Cr	₹21 Cr	₹29 Cr	₹41 Cr
Net profit	₹102 Cr	₹143 Cr	₹190 Cr	₹212 Cr
Net margin	15.5%	16.1%	16.2%	15.0%
Cash from operations	₹41 Cr	₹164 Cr	₹157 Cr	₹56 Cr
Free cash flow	₹-5 Cr	₹131 Cr	₹62 Cr	₹-114 Cr
ROCE	25.0%	22.0%	18.0%	16.0%

How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year ending	FY21	FY22	FY23	FY24	FY25	FY26
Equity capital	₹23 Cr	₹23 Cr	₹23 Cr	₹25 Cr	₹54 Cr	₹54 Cr
Reserves	₹314 Cr	₹374 Cr	₹475 Cr	₹905 Cr	₹1.6k Cr	₹1.7k Cr
Borrowings	₹124 Cr	₹61 Cr	₹88 Cr	₹81 Cr	₹30 Cr	₹61 Cr
Other liabilities	₹154 Cr	₹189 Cr	₹263 Cr	₹386 Cr	₹432 Cr	₹536 Cr
Total liabilities	₹615 Cr	₹647 Cr	₹849 Cr	₹1.4k Cr	₹2.1k Cr	₹2.3k Cr
Fixed assets	₹143 Cr	₹144 Cr	₹213 Cr	₹449 Cr	₹798 Cr	₹892 Cr
Capital work in progress	₹13 Cr	₹14 Cr	₹6 Cr	₹23 Cr	₹0 Cr	₹0 Cr
Investments	₹36 Cr	₹40 Cr	₹36 Cr	₹0 Cr	₹0 Cr	₹0 Cr
Other assets	₹423 Cr	₹448 Cr	₹594 Cr	₹926 Cr	₹1.3k Cr	₹1.4k Cr
Total assets	₹615 Cr	₹647 Cr	₹849 Cr	₹1.4k Cr	₹2.1k Cr	₹2.3k Cr

How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

What the price assumes

Attractive

To justify its price of ₹681, this stock must grow earnings at 12% every year for 7 years. Our analysis caps realistic growth at ~24%. At that growth it is worth ₹1249 — upside of 83%.

Growth the price implies: 12.0% a year; for 7 years, fading to 4%
It has actually compounded at: 23.7% a year; net profit, FY23–FY26
The gap: -0.1 pp; 83% downside if it only repeats history

Price today ₹680.85 Value at the reference growth ₹1,249.09

Change the assumptions yourself →

All earnings calls (6)

Read the Q1 FY27 call →

Learn to analyse Aurionpro Solutions Limited

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