Aurionpro Solutions Limited has secured a major contract from Delhi Metro Rail Corporation Limited (DMRC) to implement Automated Fare Collection (AFC) systems for metro projects in Bhopal and Indore. This significant win strengthens the Mumbai-based company's position in India's expanding metro rail infrastructure sector.

Contract Details and Scope

The multi-year contract presents substantial value and operational scope for Aurionpro Solutions:

The company will supply, implement, and maintain open-loop EMV card and QR-code-based AFC solutions for both metro projects. The comprehensive scope includes end-to-end implementation followed by maintenance and support services over the five-year period.

Technology and Compliance Standards

Aurionpro's AFC solutions are built on advanced technological frameworks designed to meet national and international standards. The systems are based on open-loop and closed-loop EMV ticketing architecture, ensuring alignment with global payment compliances and India's National Common Mobility Card (NCMC) norms.

The project aims to deploy standardized AFC systems that will enhance commuter convenience, operational efficiency, and interoperability across the upcoming metro networks in Madhya Pradesh. These solutions support modern payment methods including EMV cards and QR-code-based transactions.

Management Commentary

Sanjay Bali, President of Aurionpro's Tech Innovation Group, emphasized the company's expanding presence in India's metro rail ecosystem. He highlighted that Aurionpro is rapidly growing its footprint across metro networks with its in-house design and manufacturing capabilities, delivering solutions that are designed and made in India.

Company Profile

Aurionpro Solutions operates as a global enterprise technology company with diversified operations across multiple sectors:

• Banking and payments
• Mobility and transit solutions
• Insurance technology
• Data centers
• Government sector solutions

The company employs over 3,000 professionals and maintains a focus on AI innovation and scalable technology products, positioning itself as a comprehensive technology solutions provider in the Indian market.

Aurionpro Solutions Limited has secured a significant multi-year contract from Delhi Metro Rail Corporation (DMRC) Limited to implement Automated Fare Collection (AFC) systems for the Bhopal and Indore Metro projects. The order strengthens the company's footprint across India's expanding metro rail network and demonstrates its growing capabilities in smart mobility solutions.

Contract Details and Scope

In a regulatory filing on Monday, January 12, Aurionpro announced the contract details, which highlight the comprehensive nature of the engagement:

The project involves supplying, implementing and maintaining open-loop EMV card and QR-code-based AFC solutions for both metro systems. Under the agreement, Aurionpro will deliver end-to-end AFC implementation followed by comprehensive operations and maintenance support for five years.

Technology and Standards Compliance

The systems are designed to enhance commuter convenience, improve operational efficiency and enable interoperability across the upcoming metro networks in Madhya Pradesh. Aurionpro's AFC solutions are built on open and closed-loop EMV ticketing architecture, ensuring alignment with global payment standards and India's National Common Mobility Card (NCMC) norms.

The offering is supported by Aurionpro's in-house design and manufacturing capabilities under the "Made in India" framework, demonstrating the company's commitment to domestic production and technological self-reliance.

Management Commentary and Strategic Impact

Sanjay Bali, President – Tech Innovation Group at Aurionpro, emphasized that the engagement reinforces the company's growing presence in India's metro ecosystem. He noted that this contract positions the company strongly for additional opportunities in the rapidly evolving smart mobility space.

The win follows Aurionpro's recent success in securing a multi-year transaction banking deal from a leading PSU bank last month. That contract involves modernizing cash management infrastructure, covering payments, collections, liquidity management, virtual accounts, reconciliation, mandates and real-time reporting using Aurionpro's iCashpro platform.

Market Performance

Following the announcement on Monday, shares of Aurionpro Solutions were trading 2.03% down at ₹1,034.00 as of 12:36 pm, recovering from intraday lows of ₹1,005.00. The stock has experienced a decline of 36.96% over the past six months, reflecting broader market conditions and sector-specific challenges.