Aurion Pro : Yet another IP product company?

Just want to add few points on Aurion Pro:

1. With expected sales of Rs 800Cr for FY 24 and Operating margin of 22%, the company can make net profit of Rs 115 with EPS Rs 50 and PE ratio of 23. So, currently stock is reasonably priced and now need to make expectation for coming future growth.
2. What are the products the company have from where its going to have the future growth ?
   The future growth for the company is going to come from the new product launches, where company is spending in R&D and Data center is going to the new segment where the company can have its future growth but it require Capex. Need to understand the same from the companies point of view where its stand now in Data Center business and its commit for investment in this segment.

Banking sector is very promising sector and Aurion pro is going to capitalize on this. Its going to get revenue from product licenses, service and implementation of its product. So, as the economy is going to recover we can see revenue from both India and rest of world, which is going to contribute growth of the company. In the Q4 2023 result we have seen good growth from SAAS and this is going to shut up as product get sold more and new product launched in the future.

I will be watching its quarterly results and future plans of the company (Data center business) , product launches. Like to see management coming up with more information about its plan. Currently I’m holding this stock.