
Aurionpro secures AFC order for Bhopal & Indore Metro valued at ~Rs 1.5 bn over 5 years, strengthening its smart mobility footprint in Indian metro rail
Total order book now stands at ~Rs 17 bn; out of this, ~Rs 1.0 bn added to the order book, while ~Rs 0.5 bn is AMC revenue over 5 years
Order win aided by DMRC partnership, leveraging Aurionpro’s proven AFC execution and operations experience in Delhi Metro
Deployment of NCMC-compliant EMV & QR-based AFC systems, reinforcing Aurionpro’s position in end-to-end, India-made smart fare collection solutions
Company website: https://www.aurionpro.com/
Aurionpro Solutions is a mid-cap technology company focused on smart mobility, transit automation, and digital banking platforms, with deep execution capabilities across metro rail AFC systems, data centers, and enterprise digital solutions in India and global markets.
| Rating | BUY |
|---|---|
| CMP | INR 1,057 |
| Target Price | INR 2,070 |
| Upside | 74% |
Click to download the full Aurionpro Solutions Ltd Company Update
SGE Insight: Aurionpro’s metro rail deal win strengthens long-term earnings visibility and reinforces its leadership in smart mobility solutions.
The AFC order is valued at approximately ₹1.5 bn over five years, including execution revenue and AMC income.
The total order book now stands at ~₹17 bn, with ~₹1.0 bn added immediately and ~₹0.5 bn spread as AMC revenue.
DMRC backing validates Aurionpro’s proven AFC execution capabilities, lowering project risk and improving future metro win probability.
Yes. Strong order inflows, smart mobility tailwinds, and improved revenue visibility support a swing trade BUY with a target of ₹2,070.
Execution delays in metro projects and slower government approvals could impact near-term performance.
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Monarch Networth Capital Limited (‘MNCL’) | CIN No.: L64990GJ1993PLC120014
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Monarch Networth Capital Limited
Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382050, Gujarat
Ahmedabad
“Monarch House”, Opp Prahladbhai Patel garden, Near Ishwar Bhuvan, Commerce Six Roads, Navrangpura, Ahmedabad – 380009
Mumbai
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