Aurionpro Solutions (AURIONPRO) Q3 25/26 earnings summary

Executive summary

• Revenue from operations for the first nine months of FY26 grew 26% year-over-year to INR 1,066 crores, with both Banking & Fintech and Technology Innovation Group (TIG) segments contributing equally to growth.

• EBITDA for the nine-month period rose 23% year-over-year to INR 216 crores, maintaining margins above 20%.

• Q3 revenue was INR 371 crores, up 21% year-over-year; EBITDA for the quarter grew 18% to INR 75 crores, with PAT at INR 44 crores and a margin of 12%, impacted by a one-off labor code cost.

• The company achieved its largest sales quarter ever, adding 23 new customers and securing major wins in both core segments.

• Unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, were approved by the Board on February 4, 2026.

Financial highlights

• PAT for the nine-month period reached INR 150 crores, up 9% year-over-year, with a PAT margin of 14%.

• DSOs are stable at 100-110 days, in line with historical trends.

• Cash balance at quarter-end estimated at INR 250-300 crores.

• Order book stands at approximately INR 1,650 crores, with the pipeline 65-66% larger than the same time last year.

• Net worth as of H1 FY26 stands at INR 1,679 crores.

Outlook and guidance

• Management remains confident in delivering industry-leading growth and healthy margins, targeting strong execution in Q4.

• While 30% annual revenue growth is an ambition, actual growth may fluctuate year-to-year; the company has CAGRed at 32-33% over the past five years.

• Operating cash flow is expected to be positive for the year, with a target conversion of 60-65% of EBITDA to cash, subject to Q4 execution.

• Strong order book exceeding INR 1,700 crores supports future growth.

• Management will continue to monitor the impact of the New Labour Codes and make further accounting adjustments as required.