Aurionpro Solutions EBITDA margins improve in Q4

The company maintained revenue at Rs110.2cr yoy and showed 9% increase qoq.

May 28, 2021 03:05 IST India Infoline News Service

Aurionpro Solutions
Aurionpro Solutions Limited revenue for the fourth quarter ended March 31, 2021was maintained at Rs110.2cr like in Q4FY20, showing uptick by more than 9% on qoq basis.

EBIDTA for Q4 stood at Rs23.75cr as compared to Rs22.64cr in Q3, posting about 5% growth quarterly basis. EBITDA in Q4FY20 was Rs17.8cr.

EBIDTA margin across all the quarters remained robust, the same was 21.06% during Q4 and 22.4 % for FY21 against 18% for FY20.

PBT for Q4 (before exceptional items and impairment) stood at Rs13.53cr as against Rs10.53cr. last quarter, 43.6% growth qoq. In Q4FY20, EBITDA was Rs4.3cr.

“We are very happy with the sustained growth this quarter. While the year gone by was the most disruptive, it also offered the company an opportunity to reflect and re-assess its strategies. We adopted a three pronged strategy to focus attention on our core high margin businesses, to undertake measures to improve operational efficiencies & cost rationalisation.

The aim was to build robust operations with sustained revenue growth and profitability. While initial COVID related lockdowns impacted us, reflecting impact on our top line, we were able to maintain almost the same EBIDTA in absolute terms despite dip in revenue. Our EBIDTA margins improved to 22.4%. We are confident to maintain margins in the current year with sustained quarterly revenue growth,” Paresh Zaveri, Chairman & Managing Director of Aurionpro Solutions Ltd, said.

“On the business front, despite significant initial impacts on kiosks business, Banking and Fintech remained resilient to clock healthy performance with 31.1% EBIDTA margins. During the year, we signed some large deals with the leading banks in APAC as well as large PSU banks in India. We are witnessing good momentum in this segment and strong outlook going forward,” he added.

Aurionpro Solutions Ltd ended at Rs152.90 per piece down by Rs2.85 or 1.83% from its previous closing of Rs155.75 per piece on the BSE.

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