Airan Ltd

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

Airan Ltd

₹ 29.1 -2.55%
22 Nov - 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 ₹ 363 Cr.
  • Current Price ₹ 29.1
  • High / Low ₹ 48.8 / 21.6
  • Stock P/E 14.1
  • Book Value ₹ 10.7
  • Dividend Yield 0.00 %
  • ROCE 13.3 %
  • ROE 10.2 %
  • Face Value ₹ 2.00
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 28.6% CAGR over last 5 years

Cons

  • Stock is trading at 2.72 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 8.66% over last 3 years.
  • Earnings include an other income of Rs.21.1 Cr.
  • Debtor days have increased from 85.4 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
18.36 18.97 22.46 18.92 21.75 22.86 22.71 20.95 23.55 21.95 25.84 22.95 22.81
15.98 16.63 19.56 17.05 17.90 18.72 18.06 18.54 19.45 18.40 19.33 18.50 21.06
Operating Profit 2.38 2.34 2.90 1.87 3.85 4.14 4.65 2.41 4.10 3.55 6.51 4.45 1.75
OPM % 12.96% 12.34% 12.91% 9.88% 17.70% 18.11% 20.48% 11.50% 17.41% 16.17% 25.19% 19.39% 7.67%
1.13 1.42 1.53 0.73 0.15 0.57 0.32 0.68 0.45 0.58 0.42 21.99 -1.89
Interest 0.02 0.03 0.03 0.05 0.05 0.16 0.07 0.09 0.05 0.05 0.02 0.01 -0.03
Depreciation 1.08 1.12 1.14 0.90 0.99 1.04 1.04 0.83 0.96 1.08 0.90 0.94 1.00
Profit before tax 2.41 2.61 3.26 1.65 2.96 3.51 3.86 2.17 3.54 3.00 6.01 25.49 -1.11
Tax % 23.24% 14.94% 8.28% 18.79% 23.31% 17.38% 28.50% 21.20% 18.64% 16.67% 29.28% 15.18% 137.84%
1.85 2.22 2.99 1.34 2.27 2.90 2.76 1.71 2.87 2.50 4.26 21.62 -2.64
EPS in Rs 0.15 0.18 0.24 0.11 0.18 0.23 0.22 0.14 0.23 0.20 0.34 1.73 -0.21
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
11 14 19 26 29 33 44 57 63 77 86 92 94
10 12 16 21 24 26 35 46 53 67 72 76 77
Operating Profit 2 2 3 5 5 7 9 11 10 10 14 17 16
OPM % 15% 16% 15% 18% 16% 21% 20% 19% 16% 13% 17% 18% 17%
1 0 1 1 2 3 3 1 2 5 2 2 21
Interest 0 0 0 1 1 1 1 1 0 0 0 0 0
Depreciation 1 1 2 3 2 2 5 4 4 4 4 4 4
Profit before tax 1 1 1 2 3 6 5 8 7 10 12 15 33
Tax % 31% 30% 29% 33% 26% 26% 29% 16% 22% 17% 23% 23%
1 1 1 1 2 5 4 6 6 8 9 11 26
EPS in Rs 0.88 0.93 0.88 1.36 0.92 1.85 0.30 0.51 0.45 0.68 0.74 0.91 2.06
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 20%
5 Years: 16%
3 Years: 14%
TTM: 4%
Compounded Profit Growth
10 Years: 29%
5 Years: 29%
3 Years: 30%
TTM: 151%
Stock Price CAGR
10 Years: %
5 Years: 21%
3 Years: 15%
1 Year: 29%
Return on Equity
10 Years: 7%
5 Years: 8%
3 Years: 9%
Last Year: 10%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 5 5 5 5 12 12 12 25 25 25 25 25 25
Reserves 11 12 13 14 23 67 62 56 61 69 78 90 108
3 4 10 8 13 9 7 8 6 2 2 0 0
1 2 2 3 2 4 11 12 16 16 19 21 28
Total Liabilities 20 23 30 30 51 92 92 100 108 112 124 135 162
8 9 13 14 15 55 54 56 59 56 62 67 66
CWIP 0 0 0 1 0 0 0 0 0 0 0 2 2
Investments 0 0 0 4 0 13 9 3 7 18 14 14 32
11 14 17 12 35 25 29 41 41 38 48 53 62
Total Assets 20 23 30 30 51 92 92 100 108 112 124 135 162

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
2 2 1 11 -10 8 2 -1 11 11 18 1
-0 -2 -6 -8 1 -14 1 1 -10 -7 -5 -9
-1 1 6 -2 18 -5 -3 0 -2 -4 -0 -2
Net Cash Flow 0 1 0 1 10 -11 1 -0 -1 -0 13 -9

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 75 114 131 81 176 84 74 96 112 77 70 109
Inventory Days
Days Payable
Cash Conversion Cycle 75 114 131 81 176 84 74 96 112 77 70 109
Working Capital Days 328 257 219 66 258 138 209 225 186 138 99 144
ROCE % 8% 8% 6% 8% 7% 9% 6% 10% 8% 7% 12% 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

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