Aurionpro Solutions Ltd. — Investor Presentation 2021

May 28, 2021

28th May 2021

To, Deptt. of Corporate Services- Listing National Stock Exchange of India Limited Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex, Bandra (E) Mumbai – 400 051

Sub: Investor Presentation

Dear Sir/Madam,

Kindly find enclosed herewith Investor Presentation of the Company for the year ended 31st March 2021.

You are requested to upload the same on your web-site.

Thanking you,

Yours faithfully,

For Aurionpro Solutions Limited

Ninad Kelkar Company Secretary

Aurionpro Solutions Limited Synergia IT Park, Plot No. R-270 T.T.C. Industrial Estate, Gautam Nagar, Near Rabale Police Station, Rabale,Navi Mumbai 400701. MH-India.

Phone Fax +91 22 4040 7070

+91 22 4040 7080

investor@aurionpro.com www.aurionpro.com CIN: L99999MH1997PLC111637

INVESTOR PRESENTATION – FY 2021

Safe Harbor

This presentation and the accompanying slides (the "Presentation"), which have been prepared by Aurionpro Solutions Limited (the "Company"), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment what so ever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.

This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.

Certain matters discussed in this Presentation may contain statements regarding the Company's market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company's ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statements and projections.

All Maps used in the presentation are not to scale. All data, information, and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness

Financial Highlights

• The Revenue for the Q4 stood at INR 110.2 Cr., continuing growth trajectory, showing uptick by more than 9% on Q on Q basis.
• EBIDTA for Q4 stood at INR 23.75 Cr as compared to INR 22.64 Cr in Q3,posting about 5% growth quarterly basis.
• EBIDTA margin across all the quarters remained robust, the same was 21.06% during Q4 and 22.4 % for FY 21 against 18% for FY 20.
• PBT for Q4 (before exceptional items and impairment) stood at INR 13.53 Cr. against INR 10.53 Cr. last quarter, 43.6% growth Q on Q.

*Adjusted PBT; before exceptional items & impairment

Our Focus & Way Forward

Our Focus Area Way Forward

Focus on our core high margin businesses, to improve operational efficiencies and cost rationalization.

Slew of product launches planned during the year, notably launch of cloud offerings in Banking segment and some innovative products in mobility segment.

Focus on key partnerships & strategic alliances which may enable deeper penetration in existing geographies and expansion in newer regions.

Foray into data center business which can emerge as a strong growth driver for the company in coming years.

Deleveraging Balance sheet, efficient management of capital and free cash generation.

Our products have reached maturity & investment cycles are over, thus reaping benefits from the next phase of growth

Smart City, Smart Mobility and Data Centre businesses combined under single SBU 'Tech Innovation Group' which may boost synergies.

Improvement in all financial ratios with strong runway for growth, free cash generation to aid future growth.

Particulars (INR In Crs)	Q4FY21	Q4FY20	Y-o-Y	FY21	FY20	Y-o-Y
Revenue from Operations	110.17	110.23	-0.05%	374.02	469.76	-20.38%
Less: Expenses
Operating Overheads	38.84	42.85		107.91	179.92
Changes in Inventories	-1.83	0.03		0.64	7.65
Employee Expenses	39.64	37.20		149.78	149.21
Other Expenses	9.76	12.35		31.92	48.49
Total Expenses	86.41	92.43		290.25	385.27
EBITDA	23.76	17.80	33.45%	83.76	84.49	-0.86%
EBIDTA %	21.57%	16.15%		22.40%	17.99%
Depreciation & Amortization	8.14	12.912		34.34	39.688
Impairment of Intangibles	105.05	0.00		105.05	0.00
Other Income	1.00	4.10		2.97	9.79
EBIT	-88.43	8.99	NA	-52.65	54.59	NA
Finance Cost	3.75	4.68		15.80	18.22
Exceptional Items	46.18	0.00		46.18	0.41
PBT	-138.36	4.32	NA	-114.63	36.78	NA
Tax	0.21	0.62		2.93	2.59
PAT	-138.57	3.70	NA	-117.57	34.19	NA

• Showing strong QoQ uptick with sustainable margin growth.
• Sale of cyber security business will envisaged significant lower expenses going forward.
• Growing AMC revenue from existing customers & new wins across geographies & products, we are expecting to maintain EBIDTA growth for years to come.
• Significant debt reduction plans laid in the current financial year moving towards becoming a net debt free company.
• Growth in EBIDTA with lower finance cost, we are confident of free cash flow generation for current FY itself.

Consolidated Balance Sheet

aurionpro

ASSETS (INR in Crs)	FY21	FY20
ASSETS
Non-current assets
Property, plant and equipment	54.67	61.96
Capital work-in-progress	13.41	4.85
Right to use	9.07	22.99
Other intangible assets	13.48	166.08
Intangible Assets under Development	-	129.13
Goodwill	65.89	65.94
Financial assets
-Investments	35.92	41.69
-Other financial assets	12.41	13.48
Non-Current Tax Assets	8.12	40.96
Deferred tax assets (net)	8.18	9.06
Other non-current assets	0.72	2.19
Sub-total-Non-Current Assets	221.86	558.33
Inventories	26.00	26.64
Financial assets
-Trade receivables	103.05	133.38
-Cash and cash equivalents	22.17	20.01
-Bank balances	16.40	12.30
-Other financial assets	63.24	75.00
Other current assets	110.30	150.67
Assets held for sale	52.01	0.00
Sub-total-Current Assets	393.17	418.00
TOTAL-ASSETS	615.03	976.33

LIABILITIES (INR in Crs)	FY21	FY20
EQUITY AND LIABILITIES
Equity Share capital	22.80	22.80
Non Controlling Interest	3.12	87.55
Other equity	313.67	520.60
Sub-total-Shareholders' funds	339.59	630.95
Non-current liabilities
-Borrowings	49.57	55.53
-Lease Liability	4.03	16.98
-Provisions	4.41	5.19
-Other Non-Current Liabilities	9.95	10.14
Sub-total-Non-current liabilities	67.95	87.84
Current liabilities
Financial liabilities
-Borrowings	36.96	40.39
-Lease Liability	6.30	7.67
-Trade payables	54.13	77.83
-Other financial liabilities	59.64	75.13
Other current liabilities	40.70	49.50
Provisions	4.55	5.04
Current tax liabilities (net)	5.21	1.97
Sub-total-Current liabilities	207.50	257.54
TOTAL-EQUITY AND LIABILITIES	615.03	976.33

Abridged Cash Flow Statement

Cash Flow Statement (INR in Crs)	Mar-21	Mar-20
Cash Flow from Operating Activities
Profit before Tax	-189.07	34.28
Adjustment for Non-Operating Items	216.25	39.38
Operating Profit before Working Capital Changes	27.18	73.66
Changes in Working Capital	29.06	-43.03
Cash Generated from Operations	56.24	30.63
Less: Direct Taxes paid	-7.08	-8.70
Net Cash from Operating Activities	49.16	21.93
Cash Flow from Investing Activities	-9.96	-51.91
Cash Flow from Financing Activities	-37.04	14.77
Net increase/ (decrease) in Cash & Cash equivalent	2.16	-15.22
Cash & Cash Equivalents at the beginning of the period	20.01	35.23
Cash & Cash equivalents at the end of the period	22.17	20.01

Accelerating Digital Innovation

We enable possibilities beyond boundaries

24 Offices in 15 Countries

100+ Customers Globally

29 Fortune 500 Companies

1300+ Employee Strength

Expanding to Newer Geographies

Penetrating Deeper in Existing Geographies

Operating Leverage due to Growing Deal Sizes

Product Company with Cutting Edge Technology

Focus on Customers Needs

With Industry Specific Expertise & Solutions

OptiQ Queue Management System

Iserve Self Service Kiosk

Insight Customer Feedback System

Experia Digital Signage Solution

Success Stories: Enabling Possibilities Beyond Boundaries

Branch Transformational Solutions for the Business… …resulting in higher efficiency & elevating customer experience

World's largest single customer installation of 4,000+ units and still growing

20,000+ kiosk terminals installed for clients across the globe generating Annuity Revenues 100+ customers, with growing geographies & increasing deal size

Pioneers of Technological

Innovation & Evolving

Enabling Millions of transactions every day

7 out of 10 Bank in India and Middle-East use our solution

iCashpro+

Integrated Transaction Banking Suite

A digital corporate banking front-end integrated with robust back-end processors for all the key transaction banking modules

Smart Lender Suite

End-To-End Credit Risk Management Platform

Pioneer and thought leader for Corporate and SME Lending and Credit Risk Management platforms across ASEAN countries for past 15 years.

Commercial platform is used by leading banks in Asia and supports Assets exceeding 1 Trillion dollars

Collateral module is used by Standard Chartered (Globally for the Wholesale Bank), OCBC, Maybank, Vietinbank amongst others

	LOAN ORIGINATION AND APPROVAL			COLLATERAL & LIMITS MANAGEMENT
tform	RM	BUSINESS REVIEWERCREDIT APPROVER	RMMIDDLE OFFICE	CREDIT ADMIIN MAKER		CREDIT ADMINAPPROVER	CREDITRISK
	es100$\frac{\mathsf{s}}{\equiv_{\beta}}$ApplicationPre-ProspectQualification	$\frac{s}{2}$Approval	$\frac{\mathsf{S}}{\equiv_{\mathsf{P}}}$Post Approval	es100CollateralDocumentationPerfection	$\frac{\mathsf{S}}{\equiv}$RiskMonitoring	$\frac{\mathsf{S}}{\mathsf{S}}$Approval	$\frac{\text{S}}{\text{S}}$LimitManagement
SML FinancialAnalysis	COMPLETE FINANCIAL SPREADINGAND ANALYSIS SOLUTION
SML Commercial	Single point of Credit Assessment, real-time risk assessment and reporting tool
Loan Origination	Pre-Qualification	Approval	PostApprovalAcceptance
SML CollateralManagement				collateral perfection & documentation	Streamlined management of
SML LimitsManagement						Manage exposures with pro-active monitoring ofrisk dimensions & thresholds

The complete commercial lending solution designed by bankers for bankers

Smart Mobility

…with Automated Fare Collection System (AFC)

One Card One Nation

Automated Fare Gates

Contactless Token

Onboard Bus Validator Machine Hybrid Validator Gate Validator

Ticket Vending

Smart Cities

… Turkey Solutions for Digital World

Smart Cities Smart Surveillance Big Data Analytics

E-Governance Solutions Cyber Crime Solutions

Leverage our core domain expertise and proficiency in technology to maximize the productivity of entities and thus support build a stronger economy and overall E-Governance

Thank You

For Further information please contact: Mr. Ninad Kelkar Email: investor@aurionpro.com