Aurionpro Solutions posted a steady 16% growth in revenue to Rs 415 crore with an EBITDA margin of 17.2%. While heavy investment in AI and data centers pressured cash flows and increased debt to Rs 150 crore, management expects a stronger second half with improved cash conversion as project execution ramps up.
Aurionpro Solutions Q2 Financial Results
Revenue: Rs 415 Crore | Order Book: Over Rs 2,000 Crore
Reader Takeaway: Strong revenue growth supported by a massive order book, though investors should monitor debt and working capital recovery.
What just happened
Aurionpro Solutions has announced its latest financial results, reporting revenue of Rs 415 crore, marking a 16% growth on both a year-on-year and sequential basis. The company clocked an EBITDA of Rs 71 crore, representing a 17.2% margin, and a Profit After Tax (PAT) of Rs 50 crore. The firm's order book remains robust, currently exceeding Rs 2,000 crore.
Why this matters
This performance reflects the company's aggressive transition into AI-native architectures and its expansion within the data center space. With the data center segment projected to grow by 70-80% this year, Aurionpro is positioning itself to capture significant demand for AI-driven infrastructure. Management has signaled that the heavy R&D spending phase, which impacted margins in the first half, is largely complete, clearing the path for operational efficiency in H2.
Debt and Cash Flow Analysis
Total borrowings increased to Rs 150 crore from Rs 50 crore in March, while cash reserves stand at Rs 83 crore. Management attributed this trend to the working capital requirements for large-scale, early-stage data center contracts. They maintain that these are temporary liquidity needs and do not represent a structural risk to the company's balance sheet.
What to track next
Investors should closely watch the H2 conversion targets. Management has guided for a 60-70% Operating Cash Flow (OCF) to EBITDA conversion rate for the second half of the year. Meeting these targets will be essential to de-leveraging the balance sheet and validating the company's 'atoms-to-bits' strategy, which integrates hardware and software solutions to protect long-term margins.