Aurionpro reports 52:48 H1FY27 revenue across two segments

Aurionpro Solutions Limited reported a near-even H1FY27 revenue mix: Banking & Fintech contributed Rs 402 crore, or 52%, and TIG supplied Rs 371 crore, or 48%, of Rs 773 crore total revenue. The balance follows a shift from a 60:40 mix in FY22, alongside disclosed fintech, transit and data-centre mandates.

How did Aurionpro reach a 52:48 revenue mix in H1FY27?

Aurionpro reached a 52:48 mix in H1FY27 because Banking & Fintech generated Rs 402 crore and TIG generated Rs 371 crore from total revenue of Rs 773 crore. The Rs 31 crore gap between the two reported segment revenue figures was narrower than the Rs 101 crore difference in FY22, when Banking & Fintech reported Rs 303 crore and TIG reported Rs 202 crore. The presentation describes the businesses as dual engines of growth.

The H1FY27 mix placed Banking & Fintech four percentage points ahead of TIG, compared with a 20-percentage-point lead in FY22. Banking & Fintech remained the larger reported business at 52%, but TIG’s 48% contribution means nearly half of H1FY27 revenue came from smart transit solutions and enterprise data centres rather than banking-focused offerings. Aurionpro also reported five key go-lives during Q2FY27.

How has Aurionpro's business mix changed since FY22?

Aurionpro’s reported revenue mix moved from 60% Banking & Fintech and 40% TIG in FY22 to 52% and 48%, respectively, in H1FY27. The movement was not linear: Banking & Fintech represented 52% in FY23, 53% in FY24, 54% in FY25 and 53% in FY26, while TIG accounted for 48%, 47%, 46% and 47% in those respective periods. H1FY27 returned to the 52:48 proportion reported in FY23.

Both businesses expanded in absolute terms across the full-year series in the presentation. Banking & Fintech revenue rose from Rs 303 crore in FY22 to Rs 751 crore in FY26, while TIG rose from Rs 202 crore to Rs 660 crore over the same period. Total revenue increased from Rs 505 crore in FY22 to Rs 1,411 crore in FY26, showing that TIG expanded alongside the banking franchise rather than through a reported contraction in Banking & Fintech revenue.

What is driving Aurionpro's Banking & Fintech business?

Aurionpro identifies global corporate banking upgrades powered by AurionAI as the Banking & Fintech strategic driver, citing client return on investment and recurring annuity revenues as intended outcomes. Its listed offerings are Integro Suite, Arya.AI, iCashpro, Fintra, AuroDigi and Auropay. Banking & Fintech accounted for Rs 402 crore in H1FY27, compared with Rs 371 crore for TIG.

The H1FY27 mandate disclosures span transaction banking, payments and lending. Aurionpro said a leading Indian public-sector bank and CSB Bank selected iCashpro, its preferred transaction-banking solution, alongside a mandate for a next-generation cash-management platform. It also said a Singapore-headquartered bank selected Integro for a corporate-lending transformation across global subsidiaries.

Aurionpro disclosed its largest-ever US market win, an engagement with a leading US digital-payments platform, in the H1FY27 presentation. It separately appointed Krishnaraja Tantri as chief executive officer of Payments, citing about 30 years of his payments experience. Management said the appointment is intended to accelerate growth and scale the payments franchise.

What supports TIG's 48% contribution to Aurionpro revenue?

Aurionpro’s TIG business contributed Rs 371 crore in H1FY27, or 48% of revenue, through its stated focus on smart transit solutions and enterprise data centres. The company describes demand for sovereign mobility infrastructure and mission-critical cloud and data-centre capacity as TIG’s strategic driver. TIG’s H1FY27 contribution was Rs 169 crore higher than its Rs 202 crore revenue in FY22.

The presentation identifies Matkahuolto in Finland as a transit-payment mandate, stating that Aurionpro was selected to provide public-transport payment solutions. This international transit engagement sits alongside the enterprise data-centre offering, although the presentation does not provide separate H1FY27 revenue, order-book value or profitability for either TIG sub-category. The available measure is the combined TIG revenue of Rs 371 crore.

Aurionpro’s H1FY27 geographical revenue distribution provides additional context for the mix. India represented 67% of revenue, followed by Asia-Pacific excluding India at 16%, USA and Europe at 14%, Middle East and Africa plus others at 2%, and other markets at 1%. The presentation does not allocate TIG’s 48% share across these geographical markets.

How does Aurionpro's H1FY27 financial performance contextualise the mix?

Aurionpro reported H1FY27 revenue of Rs 773 crore, up 11.3% from Rs 694 crore in H1FY26. Over the same comparison, sale of software services rose to Rs 499 crore from Rs 460 crore, while sale of equipment and product licences rose to Rs 274 crore from Rs 235 crore. These revenue categories are not presented as a direct reconciliation to Banking & Fintech and TIG, so they are not segment proxies.

Profit measures moved differently from revenue in H1FY27. Earnings before interest, tax, depreciation and amortisation were Rs 133 crore, versus Rs 140 crore in H1FY26, and profit after tax from continued operations was Rs 95 crore, versus Rs 108 crore. In Q2FY27, revenue was Rs 415 crore against Rs 358 crore in both Q2FY26 and Q1FY27, while earnings before interest, tax, depreciation and amortisation were Rs 71 crore and profit after tax from continued operations was Rs 50 crore.

Aurionpro reported an order book of about Rs 2,050 crore at Q2FY27, 28 new-logo wins in that quarter, and debtor days of 98 at H1FY27. These figures provide operating context for the two-segment strategy, but the presentation does not disclose how the order book is divided between Banking & Fintech and TIG. It also reported return on capital employed of 13.5% and return on equity of 10.4% for H1FY27.

Conclusion

Aurionpro’s reported figures show a more balanced business mix than in FY22: Banking & Fintech remained the larger segment at Rs 402 crore in H1FY27, but TIG was close behind at Rs 371 crore. Both segments grew across the FY22-to-FY26 full-year series, while group revenue reached Rs 773 crore in H1FY27.

The next point to watch is execution on the disclosed iCashpro and Integro deployments, the Finland transit-payment project, the US digital-payments engagement and enterprise data-centre demand. Management has linked the Payments leadership appointment to scaling that franchise, while the Q2FY27 order book of about Rs 2,050 crore is the presentation’s available indicator of delivery volume.