Aurionpro Solutions Ltd

Aurionpro Solutions Ltd

₹ 1,648 5.00%
04 Dec 1:59 p.m.
About

Established in 1997, Aurionpro Solutions Limited works in providing business solutions in the fields of Transaction Banking Platform, Customer Experience (ACE Platform), Smart city and Smart Transportation experience and Cybersecurity solution. The company primarily offers software products and consulting services to banking industry in India and abroad.

Key Points

Business Verticals:[1]
The company has customers which includes large banks & financial institutions, governments & government undertakings and other business organizations. It works in the following business verticals -
a. Banking and Fintech: Aurionpro offers IP based solutions to Retail Banking, Wholesale Banking and Treasury & Capital Markets, which includes Transaction Banking Platform, iCashPro+ and Lending Platform – Smart Lender and ACE platform.
FY23 Update[2]
1 Aurionpro’s subsidiary Integro signed partnership with Finastra, a global provider of financial software applications & marketplaces, to offer Integro’s SmartLender Trade Limits solution alongside its own Trade Innovation solution.
2 A leading bank in the Middle-East became their first customer for their latest product; Auro-Digi.
3 Aurionpro Payment Solutions Pvt. Ltd.(WOS) received in-principle approval from RBI to setup Payment Aggregator business.

b. Technology Innovation Group: The company is an established player in the Smart City segment in India. The company works with various departments of the Government to create Smart Cities and Smart Surveillance through system integration and big data /analytics. It has implemented 3D City, CPMS, City Surveillance projects with various state governments.
Through Smart Mobility, Aurionpro offers Automated Fare Collection (AFC) Solutions panning different technologies like open loop EVM based ticketing, close loop based ticketing and account based ticketing.
Aurionpro has also ventured into the Data Centre building, consulting and hybrid cloud services.
FY23 Update[2]
1 Aurionpro partnered with Webwerks to successfully operartionalise Tier 3 data centres (DC) in Navi Mumbai, Hyderabad and Bangalore. Aurionpro is supporting Webwerks with DC Design, Consultancy, Master Planning and also DC turnkey build, in these projects.
2 Successful go-live of “loT based Integrated Bus ticketing System” for UPSRTC.

  • Market Cap 9,097 Cr.
  • Current Price 1,648
  • High / Low 1,992 / 890
  • Stock P/E 166
  • Book Value 180
  • Dividend Yield 0.16 %
  • ROCE 12.2 %
  • ROE 8.82 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 17.4%

Cons

  • Stock is trading at 9.18 times its book value
  • Promoter holding is low: 26.9%
  • Company has a low return on equity of 11.3% over last 3 years.
  • Promoter holding has decreased over last 3 years: -6.12%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
57 78 85 84 91 111 134 137 132 140 174 163 170
46 64 72 73 83 94 110 122 117 119 152 142 149
Operating Profit 10 14 13 11 8 17 24 15 16 21 22 21 21
OPM % 18% 18% 16% 13% 9% 15% 18% 11% 12% 15% 12% 13% 12%
1 0 1 0 7 1 1 1 1 1 1 5 5
Interest 2 1 1 1 2 3 3 3 2 3 3 2 1
Depreciation 2 2 2 2 3 3 4 4 4 4 4 4 5
Profit before tax 6 11 11 8 10 13 19 10 10 15 16 19 20
Tax % 24% 26% 29% 23% 9% 28% 24% 23% 19% 25% 27% 18% 24%
5 8 8 6 9 9 14 7 8 11 12 16 15
EPS in Rs 1.06 1.82 1.66 1.28 1.97 2.04 3.18 1.63 1.79 2.31 2.31 2.90 2.80
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
194 218 261 160 211 268 332 285 192 290 420 582 647
167 213 240 127 178 236 278 244 150 242 360 510 563
Operating Profit 27 5 21 34 32 32 54 41 42 48 60 73 84
OPM % 14% 2% 8% 21% 15% 12% 16% 15% 22% 17% 14% 12% 13%
12 36 13 5 8 6 15 6 -36 3 9 4 12
Interest 13 13 11 9 9 9 10 16 14 6 9 10 7
Depreciation 12 8 9 9 13 12 10 15 11 10 11 15 17
Profit before tax 14 21 14 20 18 17 49 16 -20 35 50 51 71
Tax % 14% -30% 30% 38% 46% 29% 25% 37% 25% 26% 22% 24%
12 27 10 12 10 12 37 10 -25 26 39 39 55
EPS in Rs 3.54 7.44 2.46 2.80 2.24 2.60 7.81 2.26 -5.38 5.79 8.47 7.57 10.32
Dividend Payout % 18% 13% 61% 54% 22% 38% 13% 0% 0% 22% 15% 16%
Compounded Sales Growth
10 Years: 10%
5 Years: 12%
3 Years: 45%
TTM: 26%
Compounded Profit Growth
10 Years: 16%
5 Years: 4%
3 Years: 25%
TTM: 39%
Stock Price CAGR
10 Years: 28%
5 Years: 115%
3 Years: 124%
1 Year: 59%
Return on Equity
10 Years: 8%
5 Years: 10%
3 Years: 11%
Last Year: 9%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 17 18 20 22 22 24 24 23 23 23 23 25 54
Reserves 267 302 344 399 160 179 220 213 191 217 249 582 939
80 79 62 65 62 58 115 135 102 48 66 69 12
34 85 72 67 76 121 202 134 101 128 187 258 245
Total Liabilities 398 484 497 553 320 382 560 505 417 415 525 934 1,250
26 17 29 45 58 47 68 75 60 60 89 226 230
CWIP 0 0 1 2 1 3 15 5 13 13 3 1 1
Investments 174 121 122 183 107 107 107 145 56 78 93 88 251
198 345 345 323 155 225 371 281 287 264 339 619 768
Total Assets 398 484 497 553 320 382 560 505 417 415 525 934 1,250

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-7 -31 -19 -23 53 13 54 4 23 61 40 -14
-7 40 43 -20 -29 -1 -109 14 16 15 -52 -68
17 -2 -30 43 -15 -1 44 -24 -42 -61 -1 278
Net Cash Flow 3 6 -6 0 8 11 -11 -7 -4 15 -14 196

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 138 152 97 158 80 73 153 104 165 133 129 136
Inventory Days
Days Payable
Cash Conversion Cycle 138 152 97 158 80 73 153 104 165 133 129 136
Working Capital Days 254 342 330 478 57 40 111 107 304 114 102 97
ROCE % 8% 3% 6% 7% 8% 10% 17% 10% 10% 14% 19% 12%

Shareholding Pattern

Numbers in percentages

7 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
33.00% 33.00% 33.00% 33.00% 33.00% 33.00% 31.19% 30.79% 30.17% 29.91% 26.88% 26.88%
0.22% 0.76% 0.71% 1.78% 2.12% 1.89% 2.90% 4.44% 6.22% 6.27% 12.85% 13.93%
0.33% 0.33% 0.38% 0.34% 0.40% 0.23% 0.22% 0.58% 0.86% 0.73% 1.64% 1.44%
66.45% 65.91% 65.91% 64.90% 64.48% 64.88% 65.70% 64.17% 62.76% 63.09% 58.65% 57.74%
No. of Shareholders 11,81913,27212,46413,41013,11313,10612,02311,83012,76713,47319,80324,627

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls