Aurionpro Solutions’ shares are in focus following its Q3FY26 results and a brokerage buy recommendation based on the company’s financial performance and order book position.
Aurionpro Solutions reported a broad-based performance in Q3FY26, with growth recorded across multiple business verticals. The company maintained stable revenue and operating margins during the quarter.
During Q3FY26, revenue from the banking segment increased by more than 20 percent year-on-year, supported by new large orders secured in India and Singapore. The TIG segment recorded year-on-year growth of over 23 percent during the same period.
As of the end of Q3FY26, Aurionpro Solutions’ order book stood at over ₹17,000 crore. This represented an increase of approximately 13 percent compared with the previous quarter and about 31 percent year-on-year. The order book includes projects related to metro systems, transit infrastructure and PSU banks.
The company reported total revenue of approximately ₹3,710 crore in Q3FY26, reflecting year-on-year growth of over 21 percent. EBITDA increased to ₹754 crore, with the EBITDA margin remaining at around 20.3 percent.
Profitability was impacted by a one-time expense of approximately ₹81 crore linked to the implementation of a new labour code.
Aurionpro Solutions continued to derive revenue from transit-related projects during the quarter, including engagements linked to the Delhi Metro and Titagarh. These projects contributed to ongoing revenue generation during Q3FY26.
The company is increasing its focus on higher-complexity and higher-value projects within the data centre segment. These projects typically involve larger order sizes and higher technical requirements.
The company’s EBITDA margin is expected to remain in the 20 to 22 percent range. Aurionpro Solutions reported a b cash flow position during the period, supporting its capacity to execute large projects and secure new orders.
Choice Broking has maintained a buy recommendation on Aurionpro Solutions. The brokerage has set a target price of ₹1,880, based on the company’s order book position, segment-wise performance and financial metrics. At the current market price of around ₹929, the target implies potential upside of over 100 percent.
