AIRANInformation Technology

Airan Limited

IT Enabled Services · ISIN INE645W01026 · BSE 543811 · NSE EQ · FV ₹2
Last price
₹17
+6.23%today
What this company does

Airan Limited operates in IT Enabled Services, part of the Information Technology sector. It booked ₹27 cr of revenue in its latest quarter (Q1 FY27) and kept 25.3% of sales as profit.

The Company is engaged in the business of The Company is a leading provider of consulting, technology, outsourcing and next generation digital services & software, enabling clients to execute strategies for their digital transformation .
In the report:
61out of 100
Equitytale Health Score
Mixed

Healthier than 61% of companies in Information Technology, on all six measures of filed financials. Each measure is ranked against the 42–123 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
59

At close. Not part of the score.

Profitability & returns72

How much profit it earns on the money it employs

Balance sheet89

How much it owes, and whether earnings cover the interest

Cash quality49

Whether reported profit actually arrives as cash

Growth & consistency44

Whether sales and profit have grown, and how steadily

Valuation10

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 25% net margin
Profit up 114% vs last year
Promoters hold 72%
No promoter shares pledged
Strong 17% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in AIRAN?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹17 +6.23%
latest close · 2026-09-17
1-year return
-26.9%
52-wk low ₹1452-wk high ₹28
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio8.0Low
LowAverageHigh
P/B ratio1.34Moderate
Below bookModerateHigh
EV / EBITDA5.3Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity17.2%Strong
WeakFairStrong ▸15%
Return on capital19.3%Strong
WeakFairStrong
Net margin25.3%Strong
ThinDecentStrong
EBITDA margin36.3%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.01Comfortable
LowModerateHigh ▸1
Interest cover219.3×Strong
RiskyOkayStrong ▸5×
Current ratio5.33Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹209 cr
Book value
₹12
EPS
₹0.52
latest quarter
Net debt
₹-5 cr
more cash than debt
Enterprise value
₹204 cr
EBITDA
₹39 cr
annualised
EBIT
₹34 cr
annualised
Operating margin
31.7%
Return on assets
14.0%
Earnings yield
12.46%
P/S
1.97
Sales / share
₹8.5
Tax rate
20.1%
Face value
₹2
Shares
12.5 cr
Working capital
₹79 cr
Current assets
₹97 cr
Current liabilities
₹18 cr
Delivery %
67.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 3 models ₹8 vs market price ₹17 — price is 118% above it
Safety cushion-117.5%(target ≥ +20%)
Models span ₹6₹15, midpoint ₹8
Model ₹8
Price ₹17
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹27 cr
Other Income₹6 cr
Total Income₹33 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹12 cr
Finance Costs₹3.8 L
Depreciation & Amortisation₹1 cr
Other Expenses₹11 cr
Total Expenses₹24 cr
Profit before Tax₹8 cr
Tax Expense₹2 cr
Net Profit₹7 cr
Net margin on total income20.5%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹12 cr37.4%
Finance costs₹3.8 L0.1%
Depreciation & amortisation₹1 cr3.7%
Other expenses₹11 cr33.2%
Tax expense₹2 cr5.1%
Profit for the period₹7 cr20.5%
Total income ₹33 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue29 cr31 cr27 cr
Total income38 cr28 cr33 cr
Expenses28 cr27 cr24 cr
Profit before tax10 cr1 cr8 cr
Tax2 cr78.5 L2 cr
Net profit (owners' share)8 cr42.4 L7 cr
Net margin (owners' share, on revenue)26.4%1.4%25.3%
EPS (₹)0.620.000.52
YoY (latest quarter): total income +19.9% · net profit +113.6%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹193 cr
Shareholder equity
₹156 cr
parent shareholders
Total debt
₹1 cr
Cash
₹6 cr
Cash flow · H1 FY26
Operating
₹5 cr
Investing
₹-29 cr
Financing
₹-1 cr
Peer comparison
IT Enabled Services · by market value
CompanyPriceMarket capP/E
L&T Technology Services Limited₹3,324₹35,238 cr25.1
Tata Technologies Limited₹759₹30,809 cr42.6
Inventurus Knowledge Solutions Limited₹1,729₹29,538 cr37.4
Netweb Technologies India Limited₹4,579₹26,070 cr76.4
Affle 3i Limited₹1,546₹21,734 cr42.3
SAGILITY LIMITED₹45₹20,851 cr24.2
Black Box Limited₹766₹13,611 cr60.8
Amagi Media Labs Limited₹574₹12,425 cr96.4
E2E Networks Limited₹604₹12,424 cr70.6
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
72.2%
FII / Foreign
DII / Domestic
0.0%
Retail / others
27.8%
Promoter stake down 0.2% over the last 12 quarters.
Smart-money activity
Insider trades
SoldSUDEEPKUMAR VISHWANATH AGRAWAL · Promoter Group10,000 · ₹4.5 L20 Aug 24
SoldSUDEEPKUMAR VISHWANATH AGRAWAL · Promoter Group25,000 · ₹10.6 L20 Aug 24
SoldSUDEEPKUMAR VISHWANATH AGRAWAL · Promoter Group15,476 · ₹4.3 L29 Dec 23
Bulk / block deals
BoughtHRTI PRIVATE LIMITED · NSE8.86 L @ ₹42.4612 Aug 24
SoldHRTI PRIVATE LIMITED · NSE8.28 L @ ₹42.412 Aug 24
BoughtGRAVITON RESEARCH CAPITAL LLP · NSE9.00 L @ ₹26.3826 Sep 23
Stake changes
SoldSudeepkumar Vishwanath Agrawal alongwith PAC · promoter→ 72.37% · 35,00020 Aug 24
SoldSudeepkumar Vishwanath Agrawal · promoter→ 72.37% · 15,47629 Dec 23
SoldSudeepkumar Vishwanath Agrawal HUF alongwith PACs · promoter→ 72.38% · 40,73726 Sep 23
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 27 Sep 2025
See the official result
1
To receive, consider and adopt; (a) the Audited Standalone Financial Statement of the Company for the Financial Year ended on 31 March, 2025 and the report of the Board of Directors and Auditors thereon; and (b) the Audited Consolidated Financial Statement of the Company for the Financial Year ended on 31 March, 2025 and the report of Auditors thereon
Backed by 99% of shareholders other than promotersneeded 50%
4.98 L votes for, 5,465 against
2
To appoint Mr. Abhishek Sandeepkumar Agrawal (DIN: 07613943) Director of the Company as director liable to retire by rotation and being eligible, offer himself for re-appointment.
Backed by 99% of shareholders other than promotersneeded 50%
4.97 L votes for, 6,265 against
3
Appointment of M/s. SCS and CO. LLP., Company Secretaries, as the Secretarial Auditor of the Company for a term of five consecutive years from the financial year 2025-26 to the financial year 2029-30.
Backed by 99% of shareholders other than promotersneeded 50%
4.98 L votes for, 5,654 against
4
Re-appointment of Mr. Sandeepkumar Vishwanath Agrawal as a Chairman & Managing Director and payment of remuneration.
Backed by 99% of shareholders other than promotersneeded 75%
4.97 L votes for, 6,365 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 72.2% between them · as of 2026-06-30
AIRAN NETWORK PRIVATE LIMITED33.59%
SANDEEPKUMAR V AGRAWAL12.00%
SANDEEPKUMAR VISHWANATH AGRAWAL (HUF) (KARTA: Abhishek Sandeepkumar Agrawal)12.00%
POONAM SANDEEPKUMAR AGRAWAL10.01%
ABHISHEK SANDEEPKUMAR AGRAWAL4.54%
ABHILASHA SANDEEPKUMAR AGRAWAL0.08%
VISHWANATH BHIMSEN AGRAWAL HUF (Karta: SANDEEPKUMAR V AGRAWAL )no shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.