Choice Institutional Equities has issued a buy rating on Aurionpro with a target price of ₹1,250 in its research report dated May 13, 2026. According to the brokerage's analysis, the valuation remains attractive with the PEG ratio below 1x, reinforced by broadly consistent valuation implied under their DCF methodology.
Aurionpro reported a weak quarter due to Middle East-led execution delays and elevated investments, resulting in near-term margin pressure. As reported by Choice Institutional Equities, banking revenues remained flat year-on-year at ₹1,560 million, while the TIG segment delivered growth of 11.8% YoY to ₹1,901 million. The company continues to face investment-heavy phase that is impacting current performance metrics despite its diversified business model.
The brokerage believes Aurionpro remains well-diversified with multiple medium-term growth levers across banking modernisation, transit infrastructure, and the emerging data centre business. According to Choice Institutional Equities, while the company remains in an investment-heavy phase, it continues to face near-term execution challenges that are impacting current performance metrics. The diversified approach across these sectors provides multiple growth avenues for the company's future expansion.
Choice Institutional Equities has reduced their target multiple to 22x and derived the revised target price of ₹1,250, reiterating their buy rating. The brokerage's analysis suggests that despite current challenges, the company's diversified business model and growth prospects across multiple sectors continue to support the positive investment thesis. The PEG ratio below 1x reinforces the attractive valuation despite the near-term execution headwinds.
