Airan Ltd
Incorporated in 1995, Airan Ltd provides consulting, technology, outsourcing, and
next generation digital services & softwares[1]
- Market Cap ₹ 187 Cr.
- Current Price ₹ 15.0
- High / Low ₹ 27.5 / 12.6
- Stock P/E 11.6
- Book Value ₹ 12.5
- Dividend Yield 0.00 %
- ROCE 10.2 %
- ROE 8.11 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 11.1% over past five years.
- Company has a low return on equity of 8.98% over last 3 years.
- Earnings include an other income of Rs.11.7 Cr.
* 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
Information Technology Information Technology IT - Services IT Enabled Services
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 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 29 | 37 | 49 | 58 | 66 | 87 | 97 | 106 | 106 | 112 | 113 | |
| 24 | 30 | 40 | 47 | 56 | 75 | 81 | 86 | 88 | 98 | 99 | |
| Operating Profit | 5 | 8 | 9 | 11 | 10 | 12 | 17 | 20 | 18 | 14 | 14 |
| OPM % | 16% | 20% | 18% | 19% | 16% | 14% | 17% | 19% | 17% | 13% | 12% |
| 2 | 3 | 3 | 2 | 2 | 6 | 3 | 3 | 11 | 7 | 12 | |
| Interest | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 2 | 5 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 5 |
| Profit before tax | 3 | 7 | 6 | 8 | 8 | 12 | 14 | 17 | 24 | 16 | 20 |
| Tax % | 26% | 27% | 29% | 16% | 23% | 18% | 22% | 24% | 21% | 24% | |
| 2 | 5 | 4 | 7 | 6 | 10 | 11 | 13 | 19 | 12 | 16 | |
| EPS in Rs | 0.92 | 2.03 | 0.33 | 0.54 | 0.47 | 0.77 | 0.83 | 1.00 | 1.48 | 0.97 | 1.25 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 5% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 7% |
| TTM: | 18020% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -9% |
| 3 Years: | -10% |
| 1 Year: | -45% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 9% |
| 3 Years: | 9% |
| Last Year: | 8% |
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 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 12 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
| Reserves | 23 | 68 | 63 | 57 | 63 | 79 | 89 | 101 | 119 | 131 |
| 13 | 15 | 11 | 11 | 10 | 5 | 5 | 1 | 2 | 1 | |
| 2 | 4 | 11 | 12 | 20 | 26 | 29 | 31 | 32 | 36 | |
| Total Liabilities | 51 | 100 | 97 | 105 | 117 | 135 | 148 | 158 | 179 | 193 |
| 15 | 57 | 56 | 57 | 65 | 63 | 78 | 82 | 81 | 77 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 |
| Investments | 0 | 10 | 6 | 1 | 1 | 11 | 8 | 8 | 15 | 33 |
| 35 | 32 | 35 | 46 | 51 | 61 | 61 | 67 | 81 | 82 | |
| Total Assets | 51 | 100 | 97 | 105 | 117 | 135 | 148 | 158 | 179 | 193 |
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 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -10 | 2 | 6 | -0 | 11 | 11 | 22 | 4 | 21 | 4 | |
| 1 | -14 | 1 | 1 | -10 | -7 | -15 | -10 | -3 | -19 | |
| 18 | 1 | -6 | -1 | -2 | 8 | -1 | -4 | 1 | -1 | |
| Net Cash Flow | 10 | -11 | 2 | -0 | -1 | 12 | 6 | -11 | 20 | -16 |
| Free Cash Flow | -13 | -2 | 2 | -6 | 3 | 8 | 1 | -7 | 16 | 3 |
| CFO/OP | -193% | 47% | 101% | 21% | 127% | 112% | 151% | 40% | 139% | 51% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 176 | 75 | 71 | 96 | 123 | 77 | 72 | 109 | 79 | 92 |
| Inventory Days | ||||||||||
| Days Payable | ||||||||||
| Cash Conversion Cycle | 176 | 75 | 71 | 96 | 123 | 77 | 72 | 109 | 79 | 92 |
| Working Capital Days | 252 | 130 | 189 | 215 | 159 | 141 | 98 | 149 | 126 | 219 |
| ROCE % | 9% | 6% | 10% | 8% | 8% | 11% | 13% | 11% | 10% |
Insights
In beta| Jan 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Number of International Offices count |
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| Permanent Employees employees ・Standalone data |
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| International Revenue Share (Export of Service / Total Revenue) % |
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| Average Salary Increase % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
- Financial Result For The Quarter Ended On 30062026
-
Board Meeting Outcome for Outcome Of Board Meeting
- Airan approved Q1 FY2027 standalone and consolidated unaudited results on 13 August 2026.
-
Board Meeting Intimation for Intimation Of Board Meeting To Be Scheduled On 13Th August, 2026.
- Board meeting on August 13, 2026 to approve Q1 FY27 unaudited results.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Regulation 74(5) certificate filed for quarter ended June 30, 2026.
-
Closure of Trading Window
- Trading window closed from July 1, 2026 until 48 hours after Q1 FY27 results.
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