The shares of this smallcap company locked a 5 percent upper circuit after announcing robust results and after providing strong guidance for the full year. The shares have delivered a multi-bagger return of 221 percent to its shareholders.
Price Movemnet:
With a market capitalization of Rs. 8,672 crores, the shares of Aurionpro Solutions Ltd started Wednesday’s trading session on a higher note at Rs. 1,534.90 compared to its previous close of Rs. 1,495.80. During the trading session, the shares clocked a 5 percent upper circuit at Rs. 1,570.55 apiece.
What Happened:
Such a bullish movement in the share price was observed after the company announced its Q1FY25 results. Quarterly, the revenue increased by 6 percent from Rs. 246.87 crores during the March quarter to Rs. 261.62 crores in the June quarter. In addition, the net profits jumped by 13 percent from Rs. 39.46 crores to Rs. 44.60 crores during the same period.
Comparing the same metrics on a YoY basis, the revenue surged by 32 percent from Rs, 198.69 crores during Q1FY24 to Rs. 261.62 crores in Q1FY25. On the other hand, the net profits zoomed by 41 percent from Rs. 31.58 crores to Rs. 44.60 crores during the same timeframe.
EBITDA for Q1FY25 stood at Rs. 56 crores as compared to Rs. 44 Cr in Q1FY24, a growth of 27 percent on a YoY basis and 6 percent on a QoQ basis. EBITDA margins for the quarter stood at 21.22 percent.
Management Commentary
Commenting on the Result, Mr. Ashish Rai, Vice-Chairman & CEO commented, We are pleased to report Q1 results which underline the continued growth momentum in the business and reinforce our confidence in the longer-term strategy for each of our segments. We continue to maintain a high growth trajectory for the 16th consecutive quarter, beginning this year on a strong note.
Our key businesses continue to demonstrate strong momentum. We have maintained our sales momentum in banking and continue to execute on a very significant pipeline across Asia, India and the US.
The Technology Innovation Group continues to see order book and pipeline momentum driven by significant client spend especially in smart transit and data center spaces.
With our strong performance in Q1 and a positive outlook for the upcoming quarters, we feel we are well-placed to deliver on our growth guidance of 30-35% for the full year.
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Shareholding Pattern:
According to the latest shareholding pattern, FIIs have raised their ownership from 6.27 percent in the March quarter to 12.85 percent in the June quarter.
Among them, Goldman Sachs, a global investment banker, bought a fresh stake in the company’s shares during the recent quarter by acquiring approximately 5.56 lakh equity shares equivalent to a 2.02 percent stake and the current holding value of his investment amounts to Rs. 87.5 crores.
Meanwhile, the DIIs have also increased stakes by 2.19 percent from 0.73 percent duirng Q4FY24 to 2.92 percent in Q1FY24.
Important Financial Ratio:
In terms of key financial metrics, the company reported a Return on Equity (RoE) of 15.16 percent and a return on capital employed (RoCE) of 18.36 percent for the period spanning FY23-24. Additionally, during the same period, the net profit margin stood at 16.10 percent.
Data Center:
Aurionpro Solutions specializes in comprehensive data center services, offering a range of solutions from consulting to construction. Their approach emphasizes sustainability, scalability, and advanced design methodologies to meet the growing demand for data centers in India.
These services cater to various types of data centers, such as enterprise, colocation, and hyperscale data centers, as well as data centers for research and educational institutes.
Company Profile:
Established in 1997, Aurionpro Solutions Limited works in providing business solutions in the fields of Transaction Banking Platforms, Customer Experience (ACE Platform), Smart City and Smart Transportation experience and Cybersecurity solutions.
The company primarily offers software products and consulting services to the banking industry in India and abroad.
Written By Vaibhav Patil
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