### **Overview** Aurionpro Solutions Limited is a global enterprise technology company headquartered in Mumbai, India, listed on the NSE (AURIONPRO) and BSE. The company has transitioned over the past four years from a traditional IT services provider to a focused, IP-led global products and platforms company. It develops deep-tech, AI-native software platforms targeting high-growth sectors including **Banking & Fintech, Smart Mobility & Transit, Data Centers, Insurance, Government, and Enterprise AI**. With over 3,000 professionals worldwide and a presence across Asia, the Middle East, Africa, Europe, the US, and Australia, Aurionpro follows a **B2E (Business-to-Ecosystem)** model, enabling transformation across interconnected value chains. The company is driven by strong R&D, strategic acquisitions, and a long-term Vision 2030 to become a top-three global player in its core verticals. --- ### **Strategic Transformation & Financial Performance** - **Strategic Pivot (2021):** Four years ago, Aurionpro shifted from diversified IT services to a focused product-first model based on proprietary IP and deep engineering. This shift has enabled: - **Sustained 30%+ annual revenue growth** for four consecutive years. - Estimated **revenue of ₹1,500–1,600 crore in FY26**, up from ₹375 crore in FY21. - **EBITDA margin of 20.18% in H1 FY26**, reflecting a high-margin, scalable model. - **R&D Investment:** The company reinvests **7–8% of revenue (~₹1,000 crore cumulative since 2021)** into R&D and strategic acquisitions to future-proof its platforms. - **Order Book Strength:** As of H1 FY26, Aurionpro has an order book **exceeding ₹1,500 crore**, among the highest in its history, with strong visibility into future growth. --- ### **Core Business Segments & Revenue Mix (H1 FY26)** #### **1. Banking & Fintech (57% of Revenue – ₹393 Cr)** Focuses on AI-driven transformation in transaction banking, lending, payments, and digital banking: - **Flagship Platforms:** - **iCashpro+:** AI-native transaction banking platform with clients including **State Bank of India, UCO Bank, and leading banks in Saudi Arabia, Malaysia, and South Asia**. - **Integro Lending Suite:** Market-leading corporate and SME lending platform used across Asia and now expanding into Europe and Africa. - **AuroDigi:** API-first corporate digital banking platform offering unified, high-volume digital experiences. - **AI Integration:** Embedded with **Arya.ai’s explainable AI (AryaXAI)** and real-time automation for credit assessment, cash flow forecasting, and document processing. - **Recent Wins:** - UCO Bank: AI-native cash management platform. - Multiple banks in Middle East, Sri Lanka (DFCC Bank), and Africa. - Multi-million-dollar partnership with a **leading U.S. fintech giant**. #### **2. Technology Innovation Group (TIG) (43% of Revenue – ₹301 Cr)** Covers **Smart Mobility, Data Centers, Transit, Hybrid Cloud, and Smart City** solutions: - **Smart Mobility & Transit:** - **Market Leader in Automatic Fare Collection (AFC)** in India and a rapidly growing global player. - Offers fully integrated hardware + software stack: validators, gate systems, mobile apps, EMV open-loop, account-based ticketing. - Key wins: **Delhi Metro, Chennai Metro, Mumbai Metro (largest order in company history), Egypt buses, RABA (California), and Mérida (Mexico)**. - **Global expansion** in Sri Lanka, Middle East, Africa, UK, Australia, and the U.S. - Strategic partnerships with **Mastercard, Vix, and Fime**. - **Data Center & Hybrid Cloud Services:** - One of India’s few end-to-end providers of **Tier III/IV data centers**, including design, consultancy, and turnkey builds. - Clients: **Reserve Bank of India (RBI), IITs, hyperscalers, Webwerks, and telecom providers**. - Active pipeline of **100 MW+ data center rollouts**. - **Smart Cities & Government Tech:** - Involved in **Haryana HAPPY Scheme (5 million NCMC cards)** and digital infrastructure projects. --- ### **AI and Innovation Strategy** Aurionpro is positioning itself at the forefront of the **AI-driven enterprise transformation**, with three core initiatives: 1. **Rebuilding the Enterprise Stack for AI** 2. **Developing AI-Native, Agentic Applications** 3. **Scaling Global AI Engineering Capacity** #### **Key AI Platforms & Subsidiaries** - **Arya.ai (acquired 2024):** - AI/ML platform for BFSI with over 100 clients. - **AryaXAI (explainable AI):** Auditable, compliant AI for regulated sectors like banking and insurance. - Launched **Safe SuperIntelligence models (Orion-MSP, TabTune)** for enterprise use. - **Prism & Apex AI Platforms:** Proprietary frameworks for generative and autonomous AI agents. - **AI Labs:** In **Mumbai, Paris, and London**, focused on agentic computing, data architecture, and AI alignment. - **Applications:** Autonomous credit approval, smart onboarding, document processing, cash flow forecasting, and multi-agent orchestration. --- ### **M&A and Strategic Acquisitions** Aurionpro has executed a robust inorganic growth strategy to deepen capabilities and expand geographically: - **Arya.ai (2024):** AI platform for Fintech (USD 16.5M for 67% stake). - **Fenixys (2024):** Paris-based capital markets consulting firm (€10M), expanding European footprint. - **Fintra Software (2024):** Trade finance platform (~₹23 Cr), integrated into iCashpro+ for end-to-end transaction banking. - **InfraRisk (2025):** Melbourne-based digital lending specialist, strengthening presence in Australia and Europe. - **SC Soft (2022), Toshi Automatic (2021):** Integrated end-to-end transit capabilities, enabling hardware + software delivery. These acquisitions have allowed Aurionpro to **shorten time-to-market**, expand into new regions, and vertically integrate across the value chain. --- ### **Global Expansion Strategy** - **Current Footprint:** Strong in Asia; rapidly growing in **Middle East, Africa, Australia, North America, and Europe**. - **Strategic Markets:** Focused on entering **Europe and the U.S.** through: - Local sales teams and delivery hubs. - Partnerships with global ISVs (e.g., **Finastra, Murex, Mastercard**). - Co-engineering models with leading banks and fintechs. - **U.S. Entry:** AFC contract with **RABA (California)** marks entry into the U.S. transit market. - **Africa & MEA:** Digital banking wins in **Saudi Arabia, Egypt, and a multi-million-dollar deal in Africa**. --- ### **Operational & Execution Excellence** - **R&D Model:** Decentralized innovation hubs in **Singapore, Istanbul, Dubai, and the UK**, with product development in low-cost, strategic locations. - **Manufacturing:** Partnerships in **Malaysia** for hardware production (validators, ECRs); **India-based manufacturing** for smart transit systems. - **Capacity Scaling:** Added **400+ employees** in FY25, with plans to expand sales, delivery, and AI engineering globally. - **Working Capital:** DSOs around **100 days**, reflective of enterprise product cycles but within manageable range.