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.

Aurionpro solutions Limited has secured another major order from Delhi Metro Rail Corporation Limited (DMRC) for implementing Automated Fare Collection (AFC) systems for the Bhopal and Indore Metro Rail projects. The announcement, made on January 12, 2026, reinforces the company's growing leadership position in India's smart mobility solutions sector.

Order Details and Scope

The multi-year contract carries an approximate value of ₹150.00 crores and encompasses comprehensive AFC system implementation for both metro projects. The collaboration forms part of DMRC's partnership with Madhya Pradesh Metro Rail Corporation Limited (MPMRCL) to deploy standardized AFC systems across upcoming metro networks in Madhya Pradesh.

Technical Implementation

Under this contract, Aurionpro will supply, implement, and maintain open-loop EMV card and QR-code-based AFC solutions for both metro projects. The scope encompasses end-to-end implementation followed by comprehensive maintenance and support services over a five-year period. The project aims to enhance commuter convenience, operational efficiency, and interoperability across the metro networks.

Aurionpro's automated solutions are built on open-loop and closed-loop EMV ticketing architecture, aligned with global payment compliances and India's NCMC norms. The company leverages a fully integrated in-house design and manufacturing ecosystem to deliver globally compliant, high-quality solutions designed and manufactured in India.

Management Commentary

Sanjay Bali, President – Tech Innovation Group (TIG), expressed gratitude for DMRC's continued trust and confidence in Aurionpro. He highlighted that this engagement marks another significant collaboration with DMRC and reinforces the company's growing presence in India's metro rail ecosystem. Bali emphasized that Aurionpro is rapidly expanding its footprint across metro networks while enabling seamless, high-performance ticketing solutions that enhance commuter convenience, speed, and overall passenger experience.

Strategic Significance

This order win further strengthens Aurionpro's position as a preferred partner in the smart mobility space. The company's track record of successful metro implementations and portfolio of cutting-edge offerings continue to drive its growth momentum in the fast-evolving smart transit market. The standardized AFC system deployment across Madhya Pradesh's metro networks demonstrates the scalability and reliability of Aurionpro's solutions.

The project represents Aurionpro's commitment to advancing India's smart transit ecosystem through innovative technology solutions that prioritize passenger experience and operational efficiency.