Analysts/Institutional Investor Meet/Con. Call Updates

August 03rd, 2026 BSE Limited National Stock Exchange of India Ltd, PJ. Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex, Mumbai-400001 Bandra (East), Mumbai -400051 Scrip Code: 532668 NSE Symbol: AURIONPRO Subject: Transcript of earning call held on 28th July, 2026 for the Quarter ended June 30th, 2026. Dear Sir/Madam, In accordance with Regulation 30 & 46 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed transcript of the earning call held on July 28th, 2026 for the Q1 & FY 2026-27. Kindly take the above information on record and confirm compliance. Thanking you, Yours faithfully For Aurionpro Solutions Limited Ninad Kelkar Company Secretary Encl: as above “Aurionpro Solutions Limited Q1 & FY27 Earnings Conference Call” July 28, 2026 MANAGEMENT: MR. ASHISH RAI – GROUP CEO & VICE CHAIRMAN – AURIONPRO SOLUTIONS LIMITED MR. VIPUL PARMAR – CHIEF FINANCIAL OFFICER – AURIONPRO SOLUTIONS LIMITED MR. NINAD KELKAR – COMPANY SECRETARY – AURIONPRO SOLUTIONS LIMITED Aurionpro Solutions Limited July 28, 2026 Moderator: Ladies and gentlemen, good day and welcome to the Aurionpro Solution Limited Q1 FY27 results conference call. Today on this call we have with us from the Management Mr. Ashish Rai – Group CEO and Vice- Chairman, Mr. Vipul Parmar – Chief Financial Officer and Mr. Ninad Kelkar – Company Secretary. Let me draw your attention to the fact that today's discussion may include certain forward- looking statements, which are predictions, projections or other estimates about future events. These statements reflect management's current expectations about the future performance of the company and are subject to various risks and uncertainties that may cause actual results to differ materially. As a reminder, all participant lines will be in listen only mode and there will be an opportunity for you to ask questions after the presentation concludes. I now hand the conference over to Mr. Ashish Rai – Group CEO and Vice Chairman at Aurionpro Solutions Limited. Following his comments, we will open the forum for question-and-answer session. Thank you and over to you, sir. Ashish Rai: Thanks. Good afternoon, everyone, and thank you for joining our Q1 FY 27 Earnings Call. Q1 was obviously below the growth and profitability trajectory that we have been delivering, but it's a fairly strong proof of our ability to adapt as an organization when we are challenged to do so. Revenue was Rs. 358 crores, up 6.3% year-on-year. Banking and FinTech grew about 5% to Rs.200 crores plus. TIG grew 8.4% to Rs. 157 crores. EBITDA was Rs. 61 crores at 17% and profit after tax was Rs. 45 crores. We should be clear eyed while also recognizing the execution progress beneath these numbers. We added 23 new customer logos, which is a record for Q1. In the United States, we secured our largest ever order. We also won a large transaction banking mandate, which is rare for Q1. Started execution on one of our largest projects in the data center space and escalated our sales push into newer markets for both transit as well as banking. Conversion improved from Q4 and sequential growth was stronger than in the last few Q1s. It remained below the normal trajectory because of continuing MEA disruption, some timing shifts in project go lives, data center milestones as well, like we talked about, supply chain pressures and capacity, like we mentioned before, deployed to our AI native stack build out. We expect improving execution over the next few quarters as we progress into the year. This is not really a demand issue. Our order book is strong. The pipeline is healthy. Engagement is improving. Our priority is converting demand into go lives and revenue. We have expanded Page 2 of 20 Aurionpro Solutions Limited July 28, 2026 demand generation in the United States, in Southeast Asia, in Europe, like we said we will do at the end of Q4. We tightened project governance and we have calibrated the R&D investments to sustain the innovation we have but restored margins as well. Let me step back from the quarter for a bit. Enterprise software is entering its most consequential architectural shift since the cloud. The previous generation digitized and automated workflows. The next will reason over context, coordinate work through agents, act in real time. In mission critical industries like the ones that we serve, software must evolve around trusted data, around domain intelligence, security and accountability. AI will make domain depth more valuable as systems of record become systems of intelligence and action. Winning requires production grade software, proprietary intelligence, implementation capability and trust. That is the stack we are building through AurionAI, Arya.AI, Lexi labs. We are completing key build outs across our AI native banking portfolio, beginning with trade finance that we have already announced. This absorbs capacity today but creates a reusable platform over time. As the build outs mature, we will shift capacity towards implementation, accelerating the revenue conversion for banking business. Transaction banking has a significant headroom in Southeast Asia and MEA and we have pushed hard. Traction is being built up in Southeast Asia, it's building up in Europe. Arya.AI is seeing a strong demand across banking and insurance as customers move from experimentation to production. Transit demonstrates the strength of our full stack model. We secured mandates from Mumbai Metro that we talked about, from Delhi Metro, and many more successes across the transit portfolio. These wins deepen our India leadership as well as the global play that we have as the international pipeline expands. Data center business is at an inflection point. As capacity comes online and secured mandates that we already started execution on convert into revenue, the conversion should accelerate through the year. We expect growth to move above the recent 40- - 50% trajectory that we have had for the data center business into a higher band than that. AI is creating a new infrastructure super cycle, and we intend to be foundational to it in India. The first half performance is obviously starting with Q1 is relatively modest, but deal activity is improving, execution is gathering pace and our order book gives us confidence that momentum will build with meaningful acceleration in the second half. We've made or rather I have made the same statement about accelerating in second half for the last several years but last year it wasn't true, so we need to remain watchful on MEA and on on large project timelines. We will respond by diversifying faster, planning better and converting with greater precision rather than optimizing for short-term optics. The true test of an enterprise is whether it can absorb a Page 3 of 20 Aurionpro Solutions Limited July 28, 2026 shock, it can learn, it can reallocate resources and continue advancing its mission. This quarter has tested us, we have adapted and we are moving forward with greater resilience and focus. I want to thank our customers, shareholders and every Aurionite for their trust, support and resilience. We enter the remainder of FY27 with landmark wins as you have seen, a much stronger geographic balance than we had last year, a differentiated IP and a healthy pipeline. The opportunity ahead is substantial, our strategy is earning customer trust across the world, and our teams are executing with urgency. We are cautiously optimistic about the year ahead and confident in Aurionpro's long-term trajectory. With that, let's move on to questions. Moderator: Thank you very much sir. Ladies and gentlemen, we will now begin the question-and-answer session. Participants who wish to ask questions through audio and video can do so by pressing the raise hand icon at the bottom of your screen and wait for your turn to speak. When prompted, you can accept the prompt on your screen, unmute your audio and video and ask questions. Participants who w [Showing first 8,000 characters — download PDF for full document]