Skip to content
Airan logo

Airan

AIRAN NSE
₹14.38 No trade today
P/E
11.50
View as Markdown
MCP
Close 4 Nov 2026 ₹14.38 −7.89 −35.4% 1Y
Start ₹22.27

Key Fundamentals

MicrocapIT - ServicesInformation Technology

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
7.27%
Debt to Equity
0.01
EPS (TTM)
₹1.25
Book Value
₹12.48
Market Cap
—
P/E (TTM)
11.50
P/B
1.15
ROE
4.40%
Dividend Yield
0.00%
EBITDA
₹21.60 Cr
52W High
₹23.04
52W Low
₹12.63
Volume
0

Peer Comparison

Information Technology › IT Enabled Services

Airan peer comparison
L&T Technology Services
₹4,133.5033.20₹45,364 Cr6.190.47%21.50%26.70%₹11,565 Cr₹1,322 Cr
Inventurus Knowledge Solutions
₹1,750.4039.33₹29,871 Cr10.730.00%31.40%31.50%₹3,347 Cr₹764 Cr
Tata Technologies
₹652.4547.55₹26,704 Cr6.911.81%16.30%20.90%₹5,926 Cr₹558 Cr
Netweb Technologies
₹4,062.3088.56₹24,520 Cr11.480.07%32.80%37.50%₹2,702 Cr₹260 Cr
Affle 3i
₹1,623.9047.83₹22,921 Cr5.070.00%13.80%16.80%₹2,836 Cr₹478 Cr
Sagility
₹43.5920.56₹20,233 Cr1.990.35%10.60%13.40%₹7,617 Cr₹994 Cr
ESDS Software Solution
₹1,193.6091.82₹14,545 Cr10.890.00%24.90%30.20%₹537 Cr₹134 Cr
Airan (this company)
₹14.3811.50₹182 Cr1.150.00%4.40%7.27%₹113 Cr₹16 Cr
Median 8 companies₹1,408.7543.44₹23,720 Cr6.550.04%18.90%23.80%₹3,092 Cr₹518 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

57 Good

Data confidence 98/100

Category scores

Quality
64
Good
Returns, margins, earnings quality 22% weight
Valuation
61
Good
Cheap vs sector & own history 24% weight
Growth
45
Weak
Sales & profit trajectory 9% weight
Financial Health
62
Good
Solvency, leverage, coverage 9% weight
Momentum
48
Average
Trend strength, vol-adjusted 12% weight
Ownership
50
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

3
  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 1.18 times its book value

Weaknesses

4
  • 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 6.95% over last 3 years.
  • Earnings include an other income of Rs.11.7 Cr.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBearish964
OscillatorsBearish261
Moving AveragesStrong Bearish703

Key readings

RSI (14)
45.91
Neutral
MACD (12,26,9)
−0.39
Bullish
SMA (50)
15.34
Bearish
SMA (200)
15.85
Bearish

As of

Growth Rate

From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
5Y+11.16%
3Y+4.91%
1Y+5.66%
TTM+6.65%

Net profit

Net profit growth by window
5Y+14.87%
3Y+2.94%
1Y−36.84%
TTMTiny base

Operating cash flow

Operating cash flow growth by window
5Y−18.32%
3Y−43.35%
1Y−80.95%
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
5Y−2.65 pp
3Y−5.03 pp
1Y−4.48 pp
TTM−3.65 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹29.00 Cr
Mar 2018₹37.00 Cr
Mar 2019₹49.00 Cr
Mar 2020₹58.00 Cr
Mar 2021₹66.00 Cr
Mar 2022₹87.00 Cr
Mar 2023₹97.00 Cr
Mar 2024₹106 Cr
Mar 2025₹106 Cr
Mar 2026₹112 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹2.00 Cr
Mar 2018₹5.00 Cr
Mar 2019₹4.00 Cr
Mar 2020₹7.00 Cr
Mar 2021₹6.00 Cr
Mar 2022₹10.00 Cr
Mar 2023₹11.00 Cr
Mar 2024₹13.00 Cr
Mar 2025₹19.00 Cr
Mar 2026₹12.00 Cr

Quarterly Results

₹ Cr
AIRAN quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
23.87
26.64
25.25
29.74
26.16
26.23
26.8
27.31
25.7
26.27
29.3
30.97
26.55
Expenses
21.09
21.98
20.78
21.86
20.99
23.48
21.2
22.73
21.8
23.66
26.6
25.9
23.11
Operating Profit
2.78
4.66
4.47
7.88
5.17
2.75
5.6
4.58
3.9
2.61
2.7
5.07
3.44
OPM %
11.65%
17.49%
17.7%
26.5%
19.76%
10.48%
20.9%
16.77%
15.18%
9.94%
9.22%
16.37%
12.96%
Other Income
0.91
0.61
0.97
0.36
21.95
−1.3
−2.91
−6.59
1.61
−0.2
8.26
−2.53
6.19
Interest
0.14
0.09
0.05
0.02
0.02
−0.02
0.01
0.08
0.04
0.03
0.03
0.02
0.04
Depreciation
1.11
1.42
1.57
1.37
1.36
1.39
1.52
1.16
1.26
1.28
1.32
1.35
1.21
PBT
2.45
3.76
3.82
6.86
25.74
0.08
1.16
−3.25
4.21
1.1
9.6
1.17
8.38
Tax %
25.41%
17.29%
17.28%
30.07%
15.38%
2037.5%
−70.69%
5.54%
23.04%
29.09%
18.94%
66.67%
20.05%
Net Profit
1.83
3.12
3.16
4.8
21.78
−1.54
1.98
−3.44
3.23
0.77
7.78
0.38
6.7
EPS (₹)
0.15
0.24
0.24
0.37
1.74
−0.13
0.15
−0.28
0.25
0.06
0.62
0.03
0.54

Profit & Loss

₹ Cr
AIRAN profit and loss, annual, ₹ crore
Particulars Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
29
37
49
58
66
87
97
106
106
112
113
Expenses
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%
Other Income
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
PBT
3
7
6
8
8
12
14
17
24
16
20
Tax %
26%
27%
29%
16%
23%
18%
22%
24%
21%
24%
—
Net Profit
2
5
4
7
6
10
11
13
19
12
16
EPS (₹)
0.18
0.41
0.33
0.54
0.47
0.77
0.83
1
1.48
0.97
1.25
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
AIRAN balance sheet, annual, ₹ crore
Particulars Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
12
12
12
25
25
25
25
25
25
25
Reserves
23
68
63
57
63
79
89
101
119
131
Borrowings
13
15
11
11
10
5
5
1
2
1
Other Liabilities
2
4
11
12
20
26
29
31
32
36
Total Liabilities
51
100
97
105
117
135
148
158
179
193
Fixed Assets
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
Other Assets
35
32
35
46
51
61
61
67
81
82
Total Assets
51
100
97
105
117
135
148
158
179
193

Cash Flow

₹ Cr
AIRAN cash flow, annual, ₹ crore
Particulars Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
−10
2
6
0
11
11
22
4
21
4
Investing
1
−14
1
1
−10
−7
−15
−10
−3
−19
Financing
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/EBITDA
−193
47
101
21
127
112
151
40
139
51

Ratios

AIRAN financial ratios, annual
Particulars Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
176
75
71
96
123
77
72
109
79
93
Cash Conversion Cycle
176
75
71
96
123
77
72
109
79
93
Working Capital Days
252
130
189
215
159
141
98
149
126
168
ROCE %
—
9%
6%
10%
8%
8%
11%
13%
11%
7%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Airan insights

55 extracted metrics across FY17–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 72.21%
  • Public 24.38%
  • Others 3.40%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Airan

What does Airan Ltd do?
Incorporated in 1995, Airan Ltd provides consulting, technology, outsourcing, and next generation digital services & softwares
Where is Airan Ltd (AIRAN) listed?
Airan Ltd trades as AIRAN on the NSE and under code 543811 on the BSE.
Which sector does Airan Ltd belong to?
Airan Ltd is classified under the Information Technology sector, in the IT Enabled Services industry.
What is the PE ratio of Airan Ltd?
Airan Ltd trades at a PE ratio of 11.50 as of 4 Nov 2026, on earnings per share of ₹1.25, against a book value of ₹12.48 per share.
What is the 52-week high and low of Airan Ltd?
Over the last 52 weeks Airan Ltd has traded between ₹12.63 and ₹23.04 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Airan Ltd?
Airan Ltd reported a return on equity of 4.40%. Its debt-to-equity ratio is 0.01.

Company Information

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

Website airanlimited.com
CEO Mr. Sandeepkumar Vishwanath Agrawal
Employees 1,647
Listed 3 May 2019
Face Value ₹2

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/AIRAN.md for Airan Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our Indian stock market MCP server.

Explore More

More IT Services stocks → FII DII DataStock ScreenerNifty 50 HeatmapF&O Ban ListFII and DII flows, month by monthHow Tapetide Scores changed, month by monthStocks mutual funds are buying, month by month