Aurionpro Solutions Ltd

Aurionpro Solutions Ltd

₹ 2,684 5.00%
23 Apr - close price
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 7,411 Cr.
  • Current Price 2,684
  • High / Low 2,684 / 344
  • Stock P/E 178
  • Book Value 125
  • Dividend Yield 0.09 %
  • ROCE 18.6 %
  • ROE 15.1 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 27.1% CAGR over last 5 years
  • Company's working capital requirements have reduced from 173 days to 102 days

Cons

  • Stock is trading at 21.4 times its book value
  • Promoter holding has decreased over last quarter: -3.29%
  • The company has delivered a poor sales growth of 9.42% over past five years.
  • Promoter holding is low: 26.9%
  • Company has a low return on equity of 12.0% over last 3 years.

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
53 57 69 57 78 85 84 91 111 134 137 132 140
44 44 59 46 64 72 73 83 94 110 122 117 119
Operating Profit 9 14 10 10 14 13 11 8 17 24 15 16 21
OPM % 17% 24% 15% 18% 18% 16% 13% 9% 15% 18% 11% 12% 15%
1 -38 1 1 0 1 0 7 1 1 1 1 1
Interest 4 3 2 2 1 1 1 2 3 3 3 2 3
Depreciation 3 2 2 2 2 2 2 3 3 4 4 4 4
Profit before tax 3 -30 7 6 11 11 8 10 13 19 10 10 15
Tax % 38% -7% 22% 24% 26% 29% 23% 9% 28% 24% 23% 19% 25%
2 -32 6 5 8 8 6 9 9 14 7 8 11
EPS in Rs 0.88 -14.15 2.49 2.12 3.65 3.32 2.55 3.94 4.08 6.36 3.25 3.58 4.61
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
152 194 218 261 160 211 268 332 285 192 290 420 543
123 167 213 240 127 178 236 278 244 150 242 360 467
Operating Profit 29 27 5 21 34 32 32 54 41 42 48 60 75
OPM % 19% 14% 2% 8% 21% 15% 12% 16% 15% 22% 17% 14% 14%
8 12 36 13 5 8 6 15 6 -36 3 9 4
Interest 9 13 13 11 9 9 9 10 16 14 6 9 10
Depreciation 13 12 8 9 9 13 12 10 15 11 10 11 15
Profit before tax 15 14 21 14 20 18 17 49 16 -20 35 50 54
Tax % 19% 14% -30% 30% 38% 46% 29% 25% 37% -25% 26% 22%
12 12 27 10 12 10 12 37 10 -25 26 39 42
EPS in Rs 7.65 7.09 14.88 4.91 5.59 4.46 5.20 15.62 4.51 -10.76 11.57 16.93 17.80
Dividend Payout % 13% 18% 13% 61% 54% 22% 38% 13% 0% 0% 22% 15%
Compounded Sales Growth
10 Years: 8%
5 Years: 9%
3 Years: 14%
TTM: 46%
Compounded Profit Growth
10 Years: 12%
5 Years: 27%
3 Years: 41%
TTM: 31%
Stock Price CAGR
10 Years: 32%
5 Years: 79%
3 Years: 153%
1 Year: 683%
Return on Equity
10 Years: 7%
5 Years: 11%
3 Years: 12%
Last Year: 15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 16 17 18 20 22 22 24 24 23 23 23 23 23
Reserves 227 254 302 344 392 151 179 220 213 191 217 249 288
75 80 79 62 65 62 58 115 135 102 48 66 58
20 47 85 72 74 86 121 202 134 101 128 187 225
Total Liabilities 338 398 484 497 553 320 382 560 505 417 415 525 594
34 26 17 29 45 58 47 68 75 60 60 89 139
CWIP 11 0 0 1 2 1 3 15 5 13 13 3 7
Investments 168 174 121 122 183 107 107 107 145 56 78 93 69
124 198 345 345 323 155 225 371 281 287 264 339 378
Total Assets 338 398 484 497 553 320 382 560 505 417 415 525 594

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
7 -7 -31 -19 -23 53 13 54 4 23 61 40
-28 -7 40 43 -20 -29 -1 -109 14 16 15 -52
23 17 -2 -30 43 -15 -1 44 -24 -42 -61 -1
Net Cash Flow 2 3 6 -6 0 8 11 -11 -7 -4 15 -14

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 146 138 152 97 158 80 73 153 104 165 133 129
Inventory Days
Days Payable
Cash Conversion Cycle 146 138 152 97 158 80 73 153 104 165 133 129
Working Capital Days 94 254 342 330 478 57 40 111 107 304 114 102
ROCE % 8% 8% 3% 6% 7% 8% 10% 17% 10% 10% 14% 19%

Shareholding Pattern

Numbers in percentages

2 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Apr 2024
33.00% 33.00% 33.00% 33.00% 33.00% 33.00% 33.00% 31.19% 30.79% 30.17% 29.91% 26.89%
0.00% 0.22% 0.76% 0.71% 1.78% 2.12% 1.89% 2.90% 4.44% 6.22% 6.27% 12.23%
0.34% 0.33% 0.33% 0.38% 0.34% 0.40% 0.23% 0.22% 0.58% 0.86% 0.73% 1.75%
66.66% 66.45% 65.91% 65.91% 64.90% 64.48% 64.88% 65.70% 64.17% 62.76% 63.09% 59.13%
No. of Shareholders 11,34711,81913,27212,46413,41013,11313,10612,02311,83012,76713,47313,489

* 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.

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