AIRAN

Airan Ltd.

NSE: AIRAN

BSE: 543811

Sector: Information Technology

Industry Group: IT - Services

Industry: IT Enabled Services

14.98-0.2 (-1.25%)

25 Aug, 2:59 PM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

29.6 / 100

Value Score

88.2 / 100

Price Momentum Score

8.4 / 100

QVM Score

30.0 / 100

Key Metrics

Market Cap

190.40

P/E (TTM)

12.13

P/B

1.22

P/S (TTM)

1.68

EV/EBITDA

11.69

CAPE (5Y)

14.12

ROE (TTM)

8.07

ROCE (TTM)

5.67

ROA (TTM)

6.52

Avg 3Y ROE

10.73

Earnings 3Y CAGR

13.80

Sales 3Y CAGR

4.13

Sales 5Y CAGR

8.50

Debt/Equity

0.01

Consensus TP

Strong Buy %

Promoter Holding

72.21

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Airan Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Stock is cheap and PE TTM is at a discount to industry median

PE TTM of 12.13 indicates that the stock is cheap on a standalone basis. Discount to industry median P/E is decent at -40.48%

What is P/E Ratio?

Median: 20.38

Value 12.13

-86.02871.87

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.01 as on 30 Jun 2026 and Debt to Equity decreased marginally by 0.01 in the last 1 year

What is Debt to Equity?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Weak price momentum

Price Momentum score of 8.4 indicates that the stock has weak price momentum. Research has shown that stocks with lower momentum continue to underperform in the near term

What is Price Momentum score?

8.4 / 100

Low and declining ROE

The company reported low ROE of 8.07% for 12-month ended 30 Jun 2026 and ROE declined by -559 bps from 1 year ago

What is ROE (FY)?

Low and declining operating margin

The company reported low operating margin of 7.71% for 12-month ended 30 Jun 2026 and operating margin declined by -310 bps from 1 year ago

What is Operating profit margin?

Low revenue growth and lower than median growth of industry

The company delivered moderate revenue growth of 6.65% for 12-month ended 30 Jun 2026 and the growth was 14.66 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 21.31

Value 6.65

-73.73339.11

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of -37.07% for 12-month ended 30 Jun 2026 and the growth was 55.18 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Company's earnings are of moderate quality

Earnings quality score of 40.0 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

40.0 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Airan Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Airan Ltd. Shareholding Pattern

Quarterly breakdown of Airan Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Mar 2021	Jun 2021	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	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	73.58	73.58	73.58	73.81	74.95	74.95	74.95	74.95	74.37	74.37	72.42	72.42	72.42	72.42	72.38	72.37	72.37	72.37	72.34	72.34	72.34	72.34	72.21	72.21	72.21	72.21
Indian Promoter	73.58	73.58	73.58	73.81	74.95	74.95	74.95	74.95	74.37	74.37	72.42	72.42	72.42	72.42	72.38	72.37	72.37	72.37	72.34	72.34	72.34	72.34	72.21	72.21	72.21	72.21
Foreign Promoter	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.08	0.01	0.01	0.00	0.13	0.00	0.00
Mutual Funds / UTI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.09	0.00	0.01	0.00	0.13	0.00	0.00
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Non-Institution	26.41	26.42	26.41	26.19	25.04	25.05	25.05	25.04	25.62	25.63	27.58	27.58	27.58	27.58	27.62	27.63	27.63	27.63	27.65	27.57	27.65	27.64	27.78	27.66	27.78	27.79
Bodies Corporate	6.53	6.51	5.86	4.64	4.63	4.34	4.34	4.32	3.67	1.08	1.12	1.22	1.15	1.11	1.66	1.55	1.22	1.16	1.16	1.31	1.17	1.19	1.21	1.10	1.29	1.29
Others (incl. Retail) No. of shareholders	19.88 1,270	19.91 1,356	20.55 3,971	21.55 3,546	20.41 5,850	20.71 11,171	20.71 12,919	20.72 16,994	21.95 25,955	24.55 44,033	26.46 44,181	26.36 43,162	26.43 42,777	26.47 43,199	25.96 48,791	26.08 49,966	26.41 56,239	26.47 56,543	26.49 64,166	26.26 64,307	26.48 63,736	26.45 62,189	26.57 60,256	26.56 58,285	26.49 57,690	26.50 56,586

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Airan Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
SUDEEPKUMAR VISHWANATH AGRAWAL Promoter Group	August-2024	Market Sale (Disposal) 21st Aug 2024	0.06 %	₹ 44.54	10.00 k	₹ 4.45 lac
SUDEEPKUMAR VISHWANATH AGRAWAL Promoter Group	August-2024	Market Sale (Disposal) 21st Aug 2024	0.08 %	₹ 42.41	25.00 k	₹ 10.60 lac
SUDEEPKUMAR VISHWANATH AGRAWAL Promoter Group	January-2024	Market Sale (Disposal) 1st Jan 2024	0.09 %	₹ 27.50	15.48 k	₹ 4.26 lac
SUDEEPKUMAR VISHWANATH AGRAWAL HUF Promoter Group	September-2023	Market Sale (Disposal) 27th Sep 2023	0.03 %	₹ 26.00	40.74 k	₹ 10.59 lac

Corporate Actions

History of Airan Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Bonus1 new shares for 1 existing shares
Ex-date: 22nd Apr 2019Announced on: 6th Mar 2019
Stock Split1 : 5
Ex-date: 14th Aug 2018Announced on: 3rd Jul 2018
Nominal value changed from INR 10 to INR 2.

Company Profile

Overview of Airan Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Airan Limited is an India-based company. The Company is engaged in business of information technology (IT) and IT enabled services including banking transaction processing services and document management services for telecommunication companies, Internet services provider, payment banks, among othe...

Key personnel

Mr. Krunal Ashokkumar Jethva

Chief Financial Officer

Ms. Stuti Kinariwala

Compliance Officer, Company Secretary

Mr. Ramesh Modi

Manager - BTP Operations

Mr. Mohammed Moin

Senior Manager - Product Head

Mr. Harshad Panchal

Assistant General Manager – IT

Mr. Mukesh Parmar

Senior Manager - BTP Operations

Mr. Dharmesh Raval

Manager - BTP Operations

Mr. Nimesh Shah

Manager - CMS Operations

View all

Incorporated on

19 Apr 1995

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

IPO date

24 Mar 2017

Free Float

3,47,40,525

Address

Frequently Asked Questions

What is the current share price of Airan Ltd.?

The current share price of Airan Ltd. is ₹ 14.98 as of 25 Aug 2026.

What is the market capitalisation of Airan Ltd.?

The market capitalisation of Airan Ltd. stands at ₹ 190.40 Cr.

What is the PE ratio of Airan Ltd.?

The Price-to-Earnings (PE) ratio of Airan Ltd. is 12.13 as of the latest trailing twelve months data.

What is the ROE and ROCE of Airan Ltd.?

Airan Ltd. has a Return on Equity (ROE) of 8.07% and a Return on Capital Employed (ROCE) of 5.67% as per the latest financial reports.

What is the 52-week high and low of Airan Ltd.?

The 52-week high of Airan Ltd. is - and the 52-week low is -.

What is the dividend yield of Airan Ltd.?

The dividend yield of Airan Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Airan Ltd.?

Foreign Institutional Investors (FII) hold 0.00%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 26.50% of Airan Ltd. shares.

What sector does Airan Ltd. belong to?

Airan Ltd. operates in the Information Technology sector.

What is the beta of Airan Ltd.?

The beta of Airan Ltd. is 1.21, indicating its price volatility relative to the broader market. Over the past 1 year, Airan Ltd. has delivered an absolute return of -43.61%.

What is the RSI of Airan Ltd.?

The 14-day Relative Strength Index (RSI) of Airan Ltd. is 49.85, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Airan Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Airan Ltd. Shareholding Pattern

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Corporate Actions

Company Profile