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Daily Range
Daily RangeToday's Low
₹ 34.37
Today's High
₹ 36.50
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52 Weeks Range
52 Weeks Low
₹ 13.25
52 Weeks High
₹ 25.25
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Momentum of the Stock
Momentum of the Stock ![]()
Bullish
Bullish![]()
Circuit Limit
Lower
₹ 28.58
Upper
₹ 42.87
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Financials Strength Score
Financials Strength Score Piotroski Score
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Company Profile
Airan Limited, together with its subsidiaries, provides information technology (IT) and IT-enabled services in India. It offers cash management, doorstep banking, fee collection/counter management, customer onboarding eKYC, cheque truncation/processing services, e-stamping/registration fee collection, document management, contact center, records management, address verification and credit verification, back office management, bookkeeping, software development, self-managed superannuation fund, financials and taxation, data migration, payroll processing, property and strata management, digital document verification, and automobile inspection services. The company was founded in 1989 and is headquartered in Ahmedabad, India.
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Companies under the same Group
Companies under the same Group
No Data Found
Key MetricsNo of shares Outstanding
12.5 Cr.
EPS-TTM
₹2.22
Face Value
₹2.00
Book Value
₹11.68
Net Asset Value
₹10.08
ROE
10.75%
ROA
8.43%
ROCE
14.03%
Dividend Yield
0.00%
Total Debt
₹ 0.0 Cr.
Sales Growth
8.33%
PAT Growth
20.16%
Financials
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|
| Total Current Assets | 69.9 | 72.4 | 52.5 | 47.3 | 41.4 | 35.3 | 34.5 |
| Total Non-Current Assets | 77.9 | 62.6 | 64.7 | 57.6 | 55.7 | 64.1 | 16.2 |
| Total Assets | 147.8 | 135.0 | 117.2 | 104.9 | 97.1 | 99.5 | 50.6 |
| Total Current Liabilities | 16.4 | 14.3 | 20.7 | 10.0 | 7.4 | 10.5 | 2.4 |
| Total Non-Current Liabilities | 9.3 | 9.1 | 7.5 | 13.1 | 14.7 | 8.6 | 12.3 |
| Shareholder's Funds | 113.7 | 103.6 | 87.5 | 81.7 | 75.0 | 80.4 | 36.0 |
| Total Liabilities | 147.8 | 135.0 | 117.2 | 104.9 | 97.1 | 99.5 | 50.6 |
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Financial Statement Analysis
Debt to Equity Ratio
The Industry Debt to Equity Ratio stands at 0.04, vs the Debt to Equity Ratio of 0.13, which results in a Negative aspect.
Quick Ratio
The Industry Quick Ratio stands at 2.65, vs the Quick Ratio of 4.71, which results in a Positive aspect.
Price to BV
The Industry Price to BV stands at 10.62, vs the Price to BV of 3.30, which results in a Negative aspect.
Current Ratio
The Industry Current Ratio stands at 2.66, vs the Current Ratio of 4.71, which results in a Positive aspect.
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|
| Total Income | 97.4 | 87.3 | 66.3 | 57.7 | 48.5 | 37.3 | 28.9 |
| Total Expenditure | 80.8 | 75.4 | 55.7 | 47.1 | 39.7 | 29.6 | 24.3 |
| Operating Profit(Excl OI) | 19.6 | 17.8 | 12.8 | 12.9 | 11.9 | 10.5 | 6.6 |
| Other Income | 3.0 | 5.9 | 2.3 | 2.3 | 3.1 | 2.8 | 2.0 |
| Operating Profit | 19.6 | 17.8 | 12.8 | 12.9 | 11.9 | 10.5 | 6.6 |
| Less: Interest | 0.6 | 0.5 | 0.8 | 0.7 | 0.9 | 1.4 | 1.1 |
| PBDT | 19.0 | 17.3 | 12.1 | 12.2 | 11.0 | 9.1 | 5.5 |
| Less: Depreciation Amortization | 5.1 | 5.1 | 4.3 | 4.1 | 5.2 | 2.2 | 2.4 |
| PBT & Exceptional Items | 13.8 | 12.2 | 7.7 | 8.0 | 5.8 | 6.9 | 3.1 |
| Less: Exceptional Income Expenses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Profit Before Tax | 13.8 | 12.2 | 7.7 | 8.0 | 5.8 | 6.9 | 3.1 |
| Less: Taxation | 3.1 | 2.1 | 1.8 | 1.3 | 1.7 | 1.8 | 0.8 |
| Profit After Tax | 10.7 | 10.0 | 5.9 | 6.7 | 4.1 | 5.1 | 2.3 |
| Earnings Per Share | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
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Financial Statement Analysis
PE Ratio
The Industry PE Ratio stands at 35.67, vs the PE Ratio of 15.01, which results in a Negative aspect.
PAT Growth
The Industry PAT Growth stands at 15.17, vs the PAT Growth of 62.28, which results in a Positive aspect.
Dividend Yield
The Industry Dividend Yield stands at 1.78, vs the Dividend Yield of 0.00, which results in a Negative aspect.
PAT Margin
The Industry PAT Margin stands at 17.10, vs the PAT Margin of 11.66, which results in a Negative aspect.
| Particulars | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Profit Before Tax | 16.9 | 13.8 | 12.2 | 7.6 | 8.0 | 8.7 | 6.9 | 3.1 |
| Tax Paid | -4.1 | -3.3 | -2.3 | -2.0 | -2.6 | -2.5 | -1.8 | -0.9 |
| Adjustment | 2.9 | 2.7 | 0.0 | 2.8 | 3.4 | 1.2 | 2.6 | 3.1 |
| Changes In Working Capital | 16.9 | 13.8 | 12.2 | 7.6 | 8.0 | 8.7 | 6.9 | 3.1 |
| Cash Flow after changes in Working Capital | 6.8 | 25.2 | 13.3 | 13.3 | 2.3 | 8.9 | 3.6 | -8.9 |
| Cash Flow from Operating Activities | 2.8 | 21.8 | 11.0 | 11.3 | -0.3 | 6.4 | 1.7 | -9.8 |
| Cash Flow from Investing Activities | -9.3 | -14.9 | -7.2 | -6.4 | 0.7 | 1.4 | -13.9 | 1.4 |
| Cash Flow from Financing Activities | -4.4 | -1.1 | 7.9 | -5.8 | -0.7 | -6.2 | 1.0 | 18.0 |
| Net Cash Inflow / Outflow | -11.0 | 5.8 | 11.6 | -0.9 | -0.4 | 1.6 | -11.1 | 9.7 |
| Opening Cash & Cash Equivalents | 18.9 | 13.1 | 1.5 | 2.4 | 2.7 | 1.1 | 12.2 | 2.5 |
| Closing Cash & Cash Equivalent | 8.0 | 18.9 | 13.1 | 1.5 | 2.3 | 2.7 | 1.1 | 12.2 |
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Financial Statement Analysis
PFCF Ratio
The Industry PFCF Ratio stands at 30.51, vs the PFCF Ratio of -30.73, which results in a Negative aspect.
PCF RATIO
The Industry PCF RATIO stands at 24.57, vs the PCF RATIO of -393.55, which results in a Negative aspect.
| Particulars | Sep 2024 | Jun 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 | Jun 2020 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 262.3 | 261.6 | 252.5 | 266.4 | 238.7 | 257.0 | 264.0 | 242.0 | 210.9 | 255.4 | 213.4 | 210.7 | 193.5 | 219.7 | 194.5 | 144.4 | 104.5 | 162.1 |
| Total Income | 249.2 | 481.1 | 262.2 | 272.5 | 247.9 | 260.6 | 273.4 | 246.3 | 223.0 | 274.2 | 230.0 | 225.0 | 202.7 | 222.3 | 195.7 | 158.1 | 109.3 | 163.9 |
| Total Expenditure | 234.7 | 209.9 | 207.8 | 219.8 | 210.9 | 206.3 | 212.5 | 198.5 | 190.5 | 219.7 | 184.5 | 182.6 | 167.9 | 172.9 | 159.0 | 130.6 | 96.0 | 138.7 |
| PBIDT (Excl OI) | 27.5 | 51.7 | 44.8 | 46.6 | 27.8 | 50.7 | 51.5 | 43.5 | 20.4 | 35.7 | 28.9 | 28.1 | 25.6 | 46.8 | 35.5 | 13.7 | 8.5 | 23.5 |
| Other Income | -13.0 | 219.5 | 9.7 | 6.1 | 9.1 | 3.6 | 9.4 | 4.3 | 12.1 | 18.9 | 16.6 | 14.3 | 9.2 | 2.7 | 1.2 | 13.7 | 4.8 | 1.7 |
| Operating Profit | 14.5 | 271.2 | 54.5 | 52.7 | 36.9 | 54.3 | 60.9 | 47.8 | 32.5 | 54.6 | 45.5 | 42.4 | 34.8 | 49.4 | 36.7 | 27.5 | 13.4 | 25.2 |
| Interest | -0.2 | 0.2 | 0.5 | 0.9 | 1.4 | 1.3 | 2.6 | 1.1 | 1.2 | 1.0 | 1.0 | 1.1 | 1.9 | 4.0 | 0.6 | 0.6 | 2.0 | 1.9 |
| Exceptional Items | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| PBDT | 14.7 | 271.0 | 53.9 | 51.8 | 35.5 | 53.0 | 58.3 | 46.7 | 31.4 | 53.6 | 44.5 | 41.3 | 32.9 | 45.4 | 36.2 | 26.8 | 11.4 | 23.3 |
| Depreciation | 13.9 | 13.6 | 15.7 | 14.2 | 11.1 | 14.1 | 13.2 | 12.5 | 11.6 | 13.7 | 13.1 | 12.5 | 11.7 | 12.7 | 11.4 | 10.1 | 9.2 | 10.9 |
| Profit Before Tax | 0.8 | 257.4 | 38.2 | 37.6 | 24.5 | 38.9 | 45.1 | 34.2 | 19.8 | 39.9 | 31.4 | 28.8 | 21.2 | 32.7 | 24.8 | 16.8 | 2.2 | 12.4 |
| Tax | 16.2 | 39.6 | 6.6 | 6.4 | 6.2 | 10.3 | 8.6 | 8.4 | 3.6 | 4.8 | 4.8 | 6.6 | 5.2 | 7.7 | 0.5 | 8.8 | 0.6 | -10.5 |
| Provisions and contingencies | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Profit After Tax | -15.4 | 217.8 | 31.6 | 31.2 | 18.3 | 28.6 | 36.4 | 25.7 | 16.2 | 35.2 | 26.6 | 22.3 | 16.1 | 25.0 | 24.3 | 7.9 | 1.6 | 22.9 |
| Net Profit | -15.4 | 217.8 | 31.6 | 31.2 | 18.3 | 28.6 | 36.4 | 25.7 | 16.2 | 35.2 | 26.6 | 22.3 | 16.1 | 25.0 | 24.3 | 7.9 | 1.6 | 22.9 |
| ADDITIONAL INFOS: | ||||||||||||||||||
| Equity Capital | 250.0 | 250.0 | 250.0 | 250.0 | 250.0 | 250.0 | 250.0 | 250.0 | 250.0 | 250.0 | 250.0 | 250.0 | 250.0 | 250.0 | 250.0 | 250.0 | 250.0 | 250.0 |
| Reserves | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| EPS | -0.1 | 1.7 | 0.3 | 0.3 | 0.1 | 0.2 | 0.3 | 0.2 | 0.1 | 0.3 | 0.2 | 0.2 | 0.1 | 0.2 | 0.2 | 0.1 | 0.0 | 0.2 |
| Operating Profit Margin | 5.5 | 103.7 | 21.6 | 19.8 | 15.5 | 21.1 | 23.1 | 19.8 | 15.4 | 21.4 | 21.3 | 20.1 | 18.0 | 22.5 | 18.9 | 19.0 | 12.8 | 15.5 |
| Net Profit Margin | -5.9 | 83.3 | 12.5 | 11.7 | 7.7 | 11.1 | 13.8 | 10.6 | 7.7 | 13.8 | 12.5 | 10.6 | 8.3 | 11.4 | 12.5 | 5.5 | 1.5 | 14.1 |
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Financial Statement Analysis
Mcap Growth
The Industry Mcap Growth stands at 1041150.25, vs the Mcap Growth of -68.99, which results in a Negative aspect.
Net Sales Growth
The Industry Net Sales Growth stands at 15.63, vs the Net Sales Growth of 18.86, which results in a Positive aspect.
Technicals
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Pivot Levels
Pivot Levels Check Advanced Levels ![]()
| Type | Classic | Woodie | Camarilla |
|---|---|---|---|
| R4 | 38.87 | 41.41 | 35.78 |
| R3 | 38.08 | 37.81 | 35.20 |
| R2 | 37.29 | 37.15 | 35.00 |
| R1 | 35.95 | 35.68 | 34.81 |
| Pivot | 35.16 | 35.02 | 35.16 |
| S1 | 33.82 | 33.55 | 34.41 |
| S2 | 33.03 | 32.89 | 34.22 |
| S3 | 31.69 | 31.42 | 34.02 |
| S4 | 30.35 | 28.63 | 33.44 |
(All Values are in INR)
The Pivot level gives the user an indication about key support & resistance levels for a selected stock.
EMA & SMA Levels 
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Beta
Beta 1 Day
1.03
1 Week
1.01
1 Month
0.99
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Indicators
Stoch RSI
100.00
Bearish
RSI
78.43
Bearish
ROC
2.91
Bullish
UltimateOscillator
34.15
Neutral
Williams Indicator
-35.79
Neutral
CCI Indicator
27.66
Neutral
MACD
-2,923.37
Bearish
Stochastic Indicator
48.82
Neutral
ATR
2.41
High Volatility
Corporate Actions
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Corporate Actions - Board Meet
Corporate Actions - Board Meet | Ex-Date | Ratio | Record Date |
|---|
| Ex-Date | Ratio | Record Date |
|---|
| Announcement Date | Dividend Amount | Dividend Percentage of FV | Dividend Type |
|---|
| Date Of Conduct | Board Meeting Details |
|---|---|
| 14-11-2024 | Quarterly Results |
| 13-02-2024 | Quarterly Results |
| 11-11-2023 | Quarterly Results |
| 12-08-2023 | Quarterly Results |
| 28-05-2023 | Audited Results |
| 11-02-2023 | AIRAN LIMITED has informed the Exchange about Board Meeting to be held on 11-Feb-2023 to consider financial statements for the period ended December 2022, Financial results/Other business. |
| 14-11-2022 | Financial results/Other business matters |
| 10-08-2022 | Financial results/Other business matters |
| 21-05-2022 | Financial results/Other business matters |
| 28-01-2022 | Financial Results/Other business matters |
| 13-11-2021 | Financial Results/Other business matters |
| 14-08-2021 | Financial Results/Other business matters |
| 26-06-2021 | Financial Results/Other business matters |