Robust ₹ 2,050 Cr order book and H1 wins across geographies underpin strong growth momentum heading into H2 FY27

Mumbai: Aurionpro Solutions Limited (BSE: 532668) (NSE: AURIONPRO), a global enterprise technology leader pioneering intuitive tech through domain led IPs and scalable products, announced its unaudited financial results for the second quarter ended 30th September, 2026.

Key Highlights Q2FY27:

Particulars                                 Details

Revenue                                           ₹415 Cr

Revenue Growth                      +16.0% YoY

Segment Revenue   

Banking and Fintech:                ₹201 Cr (48%)

                                   TIG:               ₹214 Cr (52%)

EBITDA                                                          ₹71 Cr

EBITDA Margin                                          17.2%

PAT                                                     ₹50 Cr

PAT Margin                                    12.1%

Order Book                                  ₹2,050 Cr

Operational Highlights:

Banking & Fintech:

  • Aurionpro’s iCashpro+ Transaction Banking Platform has been selected by Ujjivan Small Finance Bank under a six-year enterprise license to power its corporate internet and mobile banking, virtual accounts, API banking, host-to-host, and payments and collections capabilities.
  • Achieved go-live of multiple transaction banking projects across Asia, including Bank of Ceylon, expanding Aurionpro’s regional footprint in transaction banking technology
  • Renewed contract with State Bank of India (SBI) for Murex application support, extending the long-standing engagement and reflecting SBI’s continued confidence in Aurionpro’s Murex Delivery Solutions, a certified team supporting Murex implementations, upgrades, and application support.
  • Marked a new customer win in Europe through InfraRisk, expanding Aurionpro’s presence in Europe and strengthening its footprint in the automotive sector with its risk management solutions.
  • Secured a deal with Integro Retail for its first new collections system, alongside new RLOS (Retail Loan Origination System) deals from existing accounts, strengthening Aurionpro’s presence in the retail banking technology segment.

Technology Innovation Group:

  • Secured an additional order worth approximately ₹50 Cr from MMRDA to deploy its Automated Fare Collection (AFC) solution across six stations on Mumbai Metro Line 5 Phase I, expanding its existing mandate across Metro Lines 4 and 4A and reinforcing its position in India’s urban transit technology market
  • Achieved go-live of IRCTC iPay across all five identified IRCTC merchants, covering e-Ticketing (Website and Mobile App), Air Ticketing, Tourism, National Rail Museum and Retiring Room. Payment processing, reconciliation and refund capabilities are now operational across all five merchants.
  • Expanded partnership with Mastercard to help North American transit agencies adopt contactless payments and integrated ticketing, with simpler procurement and scalable deployment models.
  • Marked Aurionpro’s entry into the European market with Matkahuolto, Finland’s long-standing provider of parcel and digital transport services, selecting Aurionpro as the device vendor for its contactless EMV (cEMV) project.
  • Secured its first purchase order from GMR for the installation of Aurionpro’s newly developed Security Check-In Kiosk for airports, marking a new customer engagement for its airport technology solutions.
  • Strengthened its Smart Mobility leadership with the appointment of Mr. David Maitland as Chief Strategy Officer for Smart Mobility, driving strategic growth initiatives across the business.
  • Entered into a strategic partnership to expand Account-Based Ticketing (ABT) solutions in Australia, strengthening its presence in the international transit technology market.

Commenting on the performance, Mr. Ashish Rai, Group CEO of Aurionpro Solutions, said: “Our Q2 FY27 performance reflects a clear step-up in momentum, with revenue reaching ₹415 crore, up 16% both year-on-year and sequentially, while sustaining profitability despite accelerated R&D investments and continuing input cost pressures. After a measured start to the year, the tide is turning on multiple fronts. Once-in-a-generation market shifts demand a disproportionate commitment to product investment. Having embraced that conviction early, we are now beginning to see the market validate our strategy. Backed by healthy demand across our core businesses and an expanding pipeline, we are well positioned to drive stronger growth ahead.

Across global banking, institutions are moving from legacy, process-centric systems toward agentic, AI-native architectures. The pace of this transition, coupled with regional geopolitical uncertainties, had temporarily elongated decision cycles as banks reassessed their long-term roadmaps.  Implementations are now largely back on track, and the near-term drag from these disruptions is behind us. Because we invested ahead of the curve to build a truly AI-native banking stack, we are seeing exceptional customer interest and engagement as these products enter the market. Deal velocity is noticeably up, with several engagements at advanced stages and multiple Proofs of Concept underway across Asia and Europe, led by our agentic AI solutions and AI-native Trade Finance offerings. We are now on a cadence to roll out brand new AI-native software every quarter this year, helping our clients turn this architectural shift into tangible business outcomes.

Our Technology Innovation Group strategy across Transit Payments and Data Centres is delivering strong validation, with both segments recording significant traction in their order books and pipelines. Having established Aurionpro as a preferred technology partner powering India’s Automated Fare Collection (AFC) ecosystem across marquee metro and mass transit networks, we are now taking these proven full-stack credentials global to capture the expanding smart mobility opportunity. In Data Centres, as the AI wave drives unprecedented demand for high-density compute infrastructure, we are strengthening our market position through new engagements with leading hyperscalers. Our focus is squarely on building the pre-eminent, independent, full-stack AI data centre partner.

A defining pillar across both segments is our “bits to atoms” strategy, anchored in the conviction that the next era of technology and infrastructure transformation belongs to companies that unify intelligent software with precision-engineered physical systems. We are now seeing clear commercial success from this convergence through deeper backward integration across software, engineering, and manufacturing. Building on the blueprint we proved in Transit, where our state-of-the-art manufacturing already supports our mobility deployments, we are expanding our advanced manufacturing capabilities to produce critical infrastructure components for both next-generation Data Centres and mass transit systems. Owning more of the value chain from physical hardware to the software layer gives us tighter control over quality, deployment timelines, and unit economics, driving stronger operating and margin efficiencies at scale while positioning Aurionpro at the forefront of India’s high-tech manufacturing ecosystem growth.

As we close H1 FY27, our deliberate investment cycle is translating into commercial momentum and strong customer adoption. First-half margins reflected our planned front-loading of R&D, alongside development expenditure capitalised under applicable accounting standards, to bring a new generation of offerings to market such as Verdict, our AI-native onboarding platform, Infinity OS, and frontier enterprise solutions from Lexsi Labs. While we will continue to react strongly to market and technological shifts, we believe the incremental intensity of these investments peaked in H1 and will likely moderate going forward. We are entering H2 FY27 with an order book of approximately ₹2,050 crore and improving execution velocity, we remain excited and committed to deliver the promise of our Vision 2030 and to delivering sustainable, long-term value for our stakeholders. I want to thank our teams across the globe for their commitment, customer focus, and execution through this period.