Airan Ltd
Incorporated in 1995, Airan Ltd provides consulting, technology, outsourcing, and
next generation digital services & softwares[1]
- Market Cap ₹ 444 Cr.
- Current Price ₹ 35.6
- High / Low ₹ 48.8 / 20.5
- Stock P/E 13.7
- Book Value ₹ 10.1
- Dividend Yield 0.00 %
- ROCE 12.8 %
- ROE 10.2 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 28.8% CAGR over last 5 years
Cons
- Stock is trading at 3.53 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.94% over last 3 years.
- Earnings include an other income of Rs.23.9 Cr.
- Debtor days have increased from 86.1 to 109 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|
29 | 37 | 49 | 58 | 66 | 87 | 97 | 106 | 108 | |
24 | 30 | 40 | 47 | 56 | 75 | 81 | 86 | 86 | |
Operating Profit | 5 | 8 | 9 | 11 | 10 | 12 | 17 | 20 | 22 |
OPM % | 16% | 20% | 18% | 19% | 16% | 14% | 17% | 19% | 21% |
2 | 3 | 3 | 2 | 2 | 6 | 3 | 3 | 24 | |
Interest | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 0 | 0 |
Depreciation | 2 | 2 | 5 | 4 | 4 | 5 | 5 | 5 | 6 |
Profit before tax | 3 | 7 | 6 | 8 | 8 | 12 | 14 | 17 | 40 |
Tax % | 26% | 27% | 29% | 16% | 23% | 18% | 22% | 24% | |
2 | 5 | 4 | 7 | 6 | 10 | 11 | 13 | 33 | |
EPS in Rs | 0.92 | 2.03 | 0.33 | 0.54 | 0.47 | 0.77 | 0.83 | 1.00 | 2.59 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 17% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 29% |
3 Years: | 32% |
TTM: | 207% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 19% |
1 Year: | 45% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 9% |
Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 12 | 12 | 25 | 25 | 25 | 25 | 25 |
Reserves | 23 | 68 | 63 | 57 | 63 | 79 | 89 | 101 |
13 | 15 | 11 | 11 | 10 | 5 | 5 | 1 | |
2 | 4 | 11 | 12 | 20 | 26 | 29 | 31 | |
Total Liabilities | 51 | 100 | 97 | 105 | 117 | 135 | 148 | 158 |
15 | 57 | 56 | 57 | 65 | 63 | 78 | 82 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
Investments | 0 | 10 | 6 | 1 | 1 | 11 | 8 | 8 |
35 | 32 | 35 | 46 | 51 | 61 | 61 | 67 | |
Total Assets | 51 | 100 | 97 | 105 | 117 | 135 | 148 | 158 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
-10 | 2 | 6 | -0 | 11 | 11 | 22 | 3 | |
1 | -14 | 1 | 1 | -10 | -7 | -15 | -9 | |
18 | 1 | -6 | -1 | -2 | 8 | -1 | -4 | |
Net Cash Flow | 10 | -11 | 2 | -0 | -1 | 12 | 6 | -11 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 176 | 75 | 71 | 96 | 123 | 77 | 72 | 109 |
Inventory Days | ||||||||
Days Payable | ||||||||
Cash Conversion Cycle | 176 | 75 | 71 | 96 | 123 | 77 | 72 | 109 |
Working Capital Days | 258 | 195 | 224 | 246 | 211 | 156 | 109 | 152 |
ROCE % | 9% | 6% | 10% | 8% | 8% | 11% | 13% |
Documents
Announcements
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
1 Oct - Results of E-Voting at 29th AGM of Airan Limited.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
1 Oct - Results of E-Voting at 29th AGM of Airan Limited.
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
28 Sep - Outcome of 29th Annual General Meeting of Airan Limited.
- Closure of Trading Window 26 Sep
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
5 Sep - Newspaper Publication of AGM Notice of Airan Limited.
Business Overview:[1]
Company is in the business of Information Technology and IT enabled services including Banking transaction processing services and Document management services for tele -communication companies, internet services provider, payment banks etc. It provides consulting, technology, outsourcing, and next generation digital services & software, enabling clients to execute strategies for their digital transformation. The company also offers Book Keeping Services to Offshore clients via its subsidiaries