• Financial performance: Full-year revenue growth moderated to 20% from historic 30%+ levels due to second-half headwinds, including Middle East deal delays and execution timing mismatches on a large data center contract.
• Capital allocation strategy: Aurionpro is maintaining a capital-light model for its data center business while significantly increasing R&D and build investments in transit hardware, data center IP, and a new banking AI stack.
• Margin outlook: Full-year EBITDA margin closed at approximately 20.02% and PAT margin at roughly 15.02%, with management aiming to maintain these levels despite stepped-up investments before operating leverage drives long-term expansion.
• Order book execution: With deal sizes scaling and several contracts exceeding ₹100 crore, approximately 70% of the current ₹1,800 crore order book is scheduled for execution over the next four quarters.