1. India Stocks

  2. •

    Technology services

  3. •

    Information technology services
Airan Ltd.

Airan Ltd.

13.81
INR
-0.39
(-2.75%)
1.25EPS
13.09P/E
2.04BMarket Cap
Airan Ltd.
BSE:AIRAN
(Bombay Stock Exchange)

Recent

price

13.81

P/E

ratio

13.09

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
0.79
0.9
1.15
1.53
2.07
2.31
2.98
4
4.61
5.3
6.98
7.79
8.44
8.52
8.98
8.97
Revenue per Share
0.06
0.06
0.07
0.07
0.1
0.18
0.41
0.34
0.54
0.47
0.77
0.83
1
1.48
0.97
1.24
Basic EPS, GAAP
0.21
0.04
0.02
-0.44
0.53
-1.02
-0.2
0.17
-0.47
0.17
0.53
0.03
-0.68
1.26
0.08
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1.2
1.27
1.34
1.39
1.51
2.88
5.67
6
6.54
7
8.28
9.1
10.08
11.54
12.48
- -
Book Value per Share
1.2
1.27
1.34
1.39
1.51
2.88
5.65
5.96
6.5
6.72
8.02
8.86
9.87
11.31
12.26
- -
Tangible Book Value per Share
125
125
125
125
125
125
125
121
125
125
125
125
125
125
125
126
Basic Weighted Avg Shares
99
112
144
191
259
289
373
485
577
663
873
974
1,055
1,065
1,122
1,131
Sales/Revenue/Turnover
7.38
8.53
9.93
5.82
7.43
9.03
15.79
7.78
11.9
9.41
7.74
11.82
13.85
11.91
8.1
7.64
Operating Margin (%)
6
7
8
19
26
24
22
21
41
43
51
51
55
54
52
52
Depreciation Expense
7
8
9
8
12
23
51
41
67
59
96
104
125
185
121
157
Net Income, GAAP
44.07
30.9
30.9
29.28
32.22
26.09
26.5
29
16.34
23.02
17.49
22.38
23.6
20.87
24.37
22.68
Effective Tax Rate (%)
7
7.25
6.01
4.25
4.82
7.96
13.58
8.54
11.66
8.83
11.02
10.64
11.89
17.35
10.75
13.88
Profit Margin (%)
79
87
85
103
54
321
319
340
373
318
581
535
590
660
786
- -
Working Capital
10
10
9
64
66
122
86
63
60
2
17
18
- -
- -
- -
- -
LT Debt
150
159
167
174
188
360
709
750
817
890
1,116
1,221
1,348
1,533
1,652
- -
Total Equity
- -
3.58
5.03
3.77
4.81
4.71
6.26
3.02
6.42
5.1
5.17
7.3
8.22
6.88
4.16
- -
Return on Invested Capital (%)
- -
5.54
5.79
4.44
6.76
8.09
8.87
5.54
8.17
6.59
8.89
8.58
9.48
12.54
7.5
- -
Return on Capital (%)
- -
5.26
5.3
4.77
6.89
8.39
9.48
5.68
8.58
6.92
10.06
9.53
10.47
13.67
8.04
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
10
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
125
125
125
Market Capitalization
2,282
1,614
2,038

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
968
- -
Cash, Cash Equivalents & STI
- -
278
- -
Accounts Receivable, Net
- -
287
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
182
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
10
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
27.85%
13.34%
7.74%
Free Cash Flow
-346.81%
-477.36%
-93.5%
Net Income, GAAP
34.13%
21.12%
-34.68%
Sales/Revenue/Turnover
16.23%
11.58%
5.39%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
262
262
268
273
1,065
2026
257
263
293
310
1,122
2027
266
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.74
-0.13
0.14
-0.28
1.48
2026
0.25
0.06
0.62
0.04
0.97
2027
0.52
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
Similar Companies
Credo Technology Group Holding Ltd (NASDAQ:CRDO)
Tata Consultancy Services Limited (NSE:TCS)
International Business Machines Corporation (NYSE:IBM)
Infosys Limited (NSE:INFY)
HCL Technologies Limited (NSE:HCLTECH)
Cloudflare, Inc. (NYSE:NET)
Business
Airan Limited (AIRAN.NS) provides information technology and IT-enabled services, specializing in banking transaction processing and document management solutions for banks, telecommunication companies, internet service providers, and payment banks. The company offers cash management; doorstep banking and pickup; fee collection and counter management; customer onboarding via eKYC; cheque truncation and processing; e-stamping and registration fee collection; document management; contact center operations; records management; address and credit verification; back office management; bookkeeping; software development; self-managed superannuation fund administration; financials and taxation services; data migration; payroll processing; property and strata management; digital document verification; and automobile inspection services. Founded in 1989 and headquartered in Ahmedabad, India, Airan operates primarily in India with over 1,700 employees and maintains a presence across the country through customized solutions leveraging advanced technology and domain expertise. Recent developments include the appointment of a new internal auditor for FY26 and the release of audited FY25 standalone and consolidated financial results on May 28, 2025, alongside a management change announced under Regulation 30 (LODR) on September 30, 2025.