Airan Ltd
Incorporated in 1995, Airan Ltd provides consulting, technology, outsourcing, and
next generation digital services & softwares[1]
- Market Cap ₹ 369 Cr.
- Current Price ₹ 29.5
- High / Low ₹ 37.0 / 19.4
- Stock P/E 29.4
- Book Value ₹ 10.1
- Dividend Yield 0.00 %
- ROCE 13.1 %
- ROE 10.5 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 29.5% CAGR over last 5 years
Cons
- Stock is trading at 2.92 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 9.05% over last 3 years.
- 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 | |
---|---|---|---|---|---|---|---|---|
29 | 37 | 49 | 58 | 66 | 87 | 97 | 106 | |
24 | 30 | 40 | 47 | 56 | 75 | 81 | 86 | |
Operating Profit | 5 | 8 | 9 | 11 | 10 | 12 | 17 | 20 |
OPM % | 16% | 20% | 18% | 19% | 16% | 14% | 17% | 19% |
2 | 3 | 3 | 2 | 2 | 6 | 3 | 3 | |
Interest | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 0 |
Depreciation | 2 | 2 | 5 | 4 | 4 | 5 | 5 | 5 |
Profit before tax | 3 | 7 | 6 | 8 | 8 | 12 | 14 | 17 |
Tax % | 26% | 27% | 29% | 16% | 23% | 18% | 22% | 24% |
2 | 5 | 4 | 7 | 6 | 10 | 11 | 13 | |
EPS in Rs | 0.92 | 2.03 | 0.33 | 0.54 | 0.47 | 0.77 | 0.83 | 1.00 |
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: | 30% |
3 Years: | 33% |
TTM: | 26% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 7% |
3 Years: | 3% |
1 Year: | 35% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 9% |
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 | 32 | |
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 | 179 |
ROCE % | 9% | 6% | 10% | 8% | 8% | 11% | 13% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Jul - Compliance Certificate under Regulation 74(5) of SEBI(DP) Regulations, 2018.
- Closure of Trading Window 27 Jun
- Revised Outcome Of The Board Meeting Held On 28Th May, 2024. 30 May
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Submission of Annual Secretarial Compliance Report for the year ended March 31, 2024.
- Related Party Transactions For The Half Year Ended 31.03.2024 28 May
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