TickerSutra

NSE: AURIONPRO · BSE: 532668 · ISIN INE132H01018

Aurionpro Solutions Limited stock analysis

Aurionpro Solutions Limited ranks #1640 in the TickerSutra evidence-ranked universe with a score of 52/100 and 95% data confidence. The latest captured fundamentals show ROCE of 16.3%, quarterly sales growth of 6.3% and quarterly profit growth of -10.6%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE52/100

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#1640 of 5,430 ranked equities
Market capitalisation₹3,725.49cr
ROCE16.3%
Quarterly sales growth6.3%
Quarterly profit growth-10.6%
P/E ratio17.8×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • Low debt/equity of 0.04×
  • 28.9% three-year sales CAGR
  • No promoter shares are reported as pledged

Risks and constraints

  • CFO/EBITDA is below 0.6×

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹505cr₹111cr₹76cr22.0%
2023₹659cr₹145cr₹102cr22.0%
2024₹887cr₹193cr₹143cr22.0%
2025₹1,173cr₹242cr₹188cr21.0%
2026₹1,411cr₹282cr₹212cr20.0%
TTM₹1,432cr₹276cr₹206cr19.0%
Debt / equity0.04×
CFO / EBITDA0.20×
Operating margin19.0%
Free cash flow₹-114cr
Sales CAGR · 3Y28.9%
Profit CAGR · 3Y27.6%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts3 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Market share gainHigh severity · 1 mention
Positive catalyst

I am confident that, in time to come, we will be the go-to partner for transit service providers globally. In parallel, we will continue to broaden and deepen our offerings for the transit sector in time to come to consolidate our market leadership in this rapidly growing market. As we focus on getting our long-term trajectory back on track with a strong second half for this year, we have already set the base with ou

Margin expansionHigh severity · 3 mentions
Positive catalyst

And second, is there a pass-through sort of revenue in this deal? Because what I see is that there has been a margin drop for us, despite banking growing faster during the quarter, and banking is typically higher margin business for us. Ashish Rai: Yes, so no, there is no pass -through.

Capacity expansion plansHigh severity · 3 mentions
Positive catalyst

But the second is, do I have the capa city to execute against it, right? So, on the data center side, it's pretty clear because when you are on such a massive growth trajectory, you do need to build net new capacity, which we are building out. We've really rolled out a lot of specific initiatives to do that.

Backward integrationHigh severity · 1 mention
Positive catalyst

We started as a basic system integrator in 2018, implementing our first projects. Over the last few years, with strong backward integration and sustained investments in R&D, we have emerged as the partner of choice for most large Metro players in India and are market leaders now. Our investment in a comprehensive solution, with a strong and rapidly expanding manufacturing base, has given us unparalleled cost and qual

Export market updatesHigh severity · 4 mentions
Constructive

This landmark engagement not only reinforces our execution capabilities in this high-growth segment, but also positions us strongly in a market where demand for advanced data centre infrastructure continues to outpace available capacity. In the Banking & Fintech segment, we continue to deepen our engagements with leading PSU banks in India, while also expanding relationships with customers across international market

Regulatory updatesModerate severity · 36 mentions
Constructive

Chennai continues to be the 2nd most preferred location for DCs in India given its strategic location benefits • ~15% of incremental capacity expected to come in Chennai • 3 more international subsea cables to have landing stations in Chennai over 2026-27 further amplifying its DC appeal Supply - demand snapshot 15 India’s data centre market is witnessing rapid capacity expansion, driven by strong digital demand tail

Operating leverageLow severity · 2 mentions
Execution risk

But banking in the longer run, I feel the margins will remain fairly strong. And as the software business becomes larger and more global, if you look out over the next three, four, five years, the operating leverage will kick in, the amount of incremental investments that we have to do every time we enter a new market would come down. So, I would say over time, the banking margins will get healthier as you look into

Regulatory approvalLow severity · 12 mentions
Watch

The Board of Directors of the Company, at its meeting held on October 21, 2024, approved the Aurionpro Solutions Limited – Employee Stock Option Scheme, 2024 ("ASL ESOP 2024"), comprising a total pool of 30,00,000 stock options. The Scheme was subsequently approved by the shareholders of the Company at the Extraordinary General Meeting held on January 22, 2025. The core objective of the Scheme is to incentivize the e

Margin guidanceLow severity · 1 mention
Caution

So, we see that FY27 margins are impacted due to data center heavy mix. So, should we expect any recalibration in the earlier margin guidance of 20% to 22% in the near term? So, let me just take this one by one.

Raw material inflationLow severity · 1 mention
Watch

Moderator: The next question comes from the line of Kunal Bajaj. Specifically, you indicated that in Q1, it was impacted by the seasonality, project timing shifts, as well as higher input cost. So, can you quantify or throw some color on the impact of all these factors?

Institutional interestLow severity · 3 mentions
Watch

The financial results are also hosted on the Company’s website for easy access by investors and other stakeholders. b) Investor Day and AI Day: The Company organises an Annual Investor Day to engage with institutional investors and analysts, providing insights into its business strategy, operating performance, growth opportunities and long-term vision. During the financial year, the Company also organised an AI Day o

Niche productsLow severity · 1 mention
Watch

In most of our businesses, capacity ramp up takes time. Because we are in the business of complex products, complex projects, and it takes time to ramp up the team . So, it's not a simple thing of just doing it, but we have been doing it over time, right?

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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