Airan Ltd

Airan Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Airan Ltd

₹ 35.6 -3.07%
13 Dec - close price
airanlimited.com BSE: 543811 NSE: AIRAN
About

Incorporated in 1995, Airan Ltd provides consulting, technology, outsourcing, and
next generation digital services & softwares[1]

Key Points

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

Website BSE NSE
  • Market Cap ₹ 446 Cr.
  • Current Price ₹ 35.6
  • High / Low ₹ 48.8 / 21.8
  • Stock P/E 16.0
  • Book Value ₹ 11.7
  • Dividend Yield 0.00 %
  • ROCE 12.8 %
  • ROE 10.2 %
  • Face Value ₹ 2.00
Edit ratios

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 3.05 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.22.0 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

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
21.07 21.34 25.54 21.09 24.20 26.40 25.70 23.87 26.64 25.25 29.74 26.16 26.23
18.26 18.45 21.98 19.04 19.85 21.25 20.63 21.09 21.98 20.78 21.86 20.99 23.48
Operating Profit 2.81 2.89 3.56 2.05 4.35 5.15 5.07 2.78 4.66 4.47 7.88 5.17 2.75
OPM % 13.34% 13.54% 13.94% 9.72% 17.98% 19.51% 19.73% 11.65% 17.49% 17.70% 26.50% 19.76% 10.48%
1.43 1.66 1.89 1.21 0.43 0.94 0.36 0.91 0.61 0.97 0.36 21.95 -1.30
Interest 0.11 0.10 0.09 0.12 0.11 0.26 0.13 0.14 0.09 0.05 0.02 0.02 -0.02
Depreciation 1.25 1.31 1.37 1.16 1.25 1.32 1.41 1.11 1.42 1.57 1.37 1.36 1.39
Profit before tax 2.88 3.14 3.99 1.98 3.42 4.51 3.89 2.44 3.76 3.82 6.85 25.74 0.08
Tax % 22.92% 15.29% 12.03% 18.18% 24.56% 19.07% 26.48% 25.41% 17.29% 17.28% 30.07% 15.38% 2,037.50%
2.23 2.67 3.52 1.62 2.58 3.64 2.86 1.83 3.12 3.16 4.80 21.78 -1.54
EPS in Rs 0.17 0.20 0.27 0.13 0.20 0.28 0.22 0.15 0.24 0.24 0.37 1.74 -0.13
Raw PDF

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 97 106 107
24 30 40 47 56 75 81 86 87
Operating Profit 5 8 9 11 10 12 17 20 20
OPM % 16% 20% 18% 19% 16% 14% 17% 19% 19%
2 3 3 2 2 6 3 3 22
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 36
Tax % 26% 27% 29% 16% 23% 18% 22% 24%
2 5 4 7 6 10 11 13 28
EPS in Rs 0.92 2.03 0.33 0.54 0.47 0.77 0.83 1.00 2.22
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 17%
3 Years: 17%
TTM: 5%
Compounded Profit Growth
10 Years: %
5 Years: 29%
3 Years: 32%
TTM: 150%
Stock Price CAGR
10 Years: %
5 Years: 20%
3 Years: 15%
1 Year: 53%
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 Sep 2024
Equity Capital 12 12 12 25 25 25 25 25 25
Reserves 23 68 63 57 63 79 89 101 121
13 15 11 11 10 5 5 1 1
2 4 11 12 20 26 29 31 39
Total Liabilities 51 100 97 105 117 135 148 158 186
15 57 56 57 65 63 78 82 81
CWIP 0 0 0 0 0 0 0 2 2
Investments 0 10 6 1 1 11 8 8 26
35 32 35 46 51 61 61 67 77
Total Assets 51 100 97 105 117 135 148 158 186

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%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.95% 74.37% 74.37% 72.42% 72.42% 72.41% 72.41% 72.38% 72.37% 72.37% 72.37% 72.34%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01%
25.04% 25.62% 25.63% 27.58% 27.58% 27.58% 27.58% 27.62% 27.62% 27.63% 27.62% 27.65%
No. of Shareholders 17,03525,99244,08444,23243,21442,82543,24848,85850,03356,29556,60864,246

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP