Airan Ltd Stock Price Today (NSE: AIRAN)

Airan Ltd

16.29+0.11 (+0.68%)
Market Open

Fundamental Score

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Airan Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Airan Ltd share price today is 16.29, up +0.68% on NSE/BSE as of 17 June 2026. Airan Ltd (AIRAN) is a Small-cap company in the IT Enabled Services sector with a market capitalisation of 238.05 (Cr). The 52-week high for AIRAN share price is 32.55 and the 52-week low is 12.63. At a P/E ratio of 102.61x, AIRAN is currently trading above its industry average P/E of 33.81x. The company has a Return on Equity (ROE) of 8.87% and a debt-to-equity ratio of 0.01.

Airan Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
18.40
Low
15.36
Volume
71.6K
Change
+0.53%

Airan Ltd share price chart: 0.53% return over the past month. 52-week high ₹32.55, 52-week low ₹12.63.

Airan Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
16.9717.1616.6016.9531.38K (Cr)
17.2017.2016.2516.641.31L (Cr)
17.1017.6916.8217.1596.20K (Cr)
17.1017.4816.5117.0878.78K (Cr)
16.5217.5116.2517.0181.20K (Cr)
16.1116.6516.1016.1951.35K (Cr)
16.3616.8315.5016.1450.01K (Cr)
16.1816.5516.1516.2847.99K (Cr)
16.3116.7716.3116.3821.18K (Cr)
16.2716.9316.2516.3158.16K (Cr)

Airan Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
17.2017.2016.2516.95-1.45%
16.7418.4015.3617.15+2.45%
13.0018.5013.0016.38+26.00%
15.2516.4812.6312.83-15.87%
15.2521.6814.5116.40+7.54%
18.3518.6713.5814.87-18.96%
19.8419.8417.0018.07-8.92%
23.4723.9919.2519.40-17.34%
25.4426.5922.1023.47-7.74%
25.5027.4924.6124.96-2.12%
26.9029.2124.9024.98-7.14%
32.5032.5526.4027.10-16.62%

AI Research Briefing

Powered by Gemini · 2026-04-17

Overvalued micro-cap riding an IT tailwind, destined for a painful correction.

Research Confidence
6.0/10Moderate
MICRO-CAP DARK HORSEBreakdown - 1M: -18.7%, 3M: -25.32%, 6M: -32.67%Expensive - P/E of 102.61x vs industry P/E of 33.81x

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search. The company submitted its quarterly compliance certificate on April 10, 2026. Trading window closed on April 1, 2026, and will reopen 48 hours after the declaration of financial results for the quarter and year ended March 31, 2026.

CORE STORY (THE REAL GAME)

Airan is being priced as a play on the growth of IT-enabled services in India, specifically in areas like cash management and eKYC, but faces stiff competition and margin pressure.

Why Now
  • India IT spending growth
  • AI-led demand
  • Budget 2026 reforms
Potential Catalysts
  • Significant order wins
  • Successful expansion into new service lines
  • Acquisition by a larger player
Key Risks
  • Micro/SME cap - liquidity risk
  • P/E of 102.61x vs industry average of 33.81x
  • Net loss of ₹3.48 Cr in Q4
Institutional Activity

Promoter holding decreased slightly by 0.13%. FII holding decreased slightly by 0.01%.

Macro Context

India's IT sector is poised for robust growth, driven by AI and digital transformation.

Cash Flow Quality

Yes - Free Cash Flow 5Y: ₹21.72 Cr

3–6 Month Outlook

Airan's growth is dependent on capitalizing on the IT spending boom. However, its high valuation and micro-cap status make it vulnerable to correction.

Primary Thesis Risk

Unsustainable valuation will lead to a sharp correction.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

8.87%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

10.90%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

16.63%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Airan Ltd Valuation Check

Poor

Price to Earnings (P/E)

102.61x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

33.81x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

72.21%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

145.18%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

0.15%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

13.05%

Compounded annual revenue growth over 5 years

Good

EPS Growth (5-Year CAGR)

11.34%

Earnings per share growth over 5 years

Good

Net Profit Growth (5-Year CAGR)

11.34%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.01x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

21.13x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

21.72 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Airan Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of AIRAN across key market metrics for learning purposes.

Positive Indicators

7 factors identified

Strong Operating Margins (16.63%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Robust Profit Growth (145.18%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Consistent Growth Track Record (13.05% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Conservative Debt Levels (D/E: 0.01)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (21.13x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (72.21%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

3 factors identified

Below-Average Return on Equity (8.87%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Premium Valuation Risk (P/E: 102.61x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Airan Ltd vs IT Enabled Services Peers

Peer Comparison - IT Enabled Services

Compare Airan Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
47.1/100
16
₹238.05
102.6
Average
8.87%
Poor
10.90%
Average
0.0
Excellent
11.34%
Good
13.05%
Good
0.00%
56.4/100
3272
₹47130.29
36.9
Average
22.16%
Excellent
28.29%
Excellent
0.1
Excellent
9.04%
Good
13.68%
Good
1.24%
65.2/100
1691
₹29262.67
48.0
Average
32.87%
Excellent
27.20%
Excellent
0.3
Excellent
28.66%
Excellent
38.17%
Excellent
0.00%
55.6/100
748
₹27600.58
39.8
Average
19.91%
Good
25.80%
Excellent
0.1
Excellent
21.37%
Excellent
12.63%
Good
1.23%
66.3/100
1482
₹23851.31
56.9
Average
14.03%
Average
16.82%
Good
0.0
Excellent
42.26%
Excellent
46.68%
Excellent
0.00%
41.7/100
40
₹23303.54
29.2
Average
7.38%
Poor
9.58%
Poor
0.1
Excellent
0.10%
60/100
4934
₹18241.54
135.3
Average
23.93%
Excellent
32.45%
Excellent
0.0
Excellent
96.32%
Excellent
49.09%
Excellent
0.08%
Cyient Ltd...
CYIENT532175
37/100
892
₹12937.90
22.9
Average
12.81%
Average
16.58%
Good
0.1
Excellent
12.34%
Good
10.70%
Good
2.24%
42.7/100
1078
₹9185.65
33.8
Average
44.23%
Excellent
29.75%
Excellent
1.1
Average
23.39%
Excellent
3.62%
Average
0.19%
62.7/100
201
₹5175.87
46.5
Average
9.60%
Poor
12.99%
Average
0.0
Excellent
88.05%
Excellent
80.32%
Excellent
0.00%
63.5/100
1260
₹5101.67
17.9
Average
25.96%
Excellent
34.09%
Excellent
0.0
Excellent
12.67%
Good
18.23%
Excellent
0.00%

Airan Ltd PE Ratio History

Historical price-to-earnings ratio for AIRAN — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20241.00₹33.0332.9x
FY 20230.83₹27.4533.1x
FY 20220.77₹16.6521.7x
FY 20210.46₹23.5051.1x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Airan Ltd Quarterly Performance

Latest quarterly metrics for AIRAN — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

0.15%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

145.18%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

13.05%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

11.34%

Compounded annual net profit growth over 5 years

Airan Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for AIRAN — calculated from daily price history

62RSI 14
Neutral — RSI 62

Momentum is balanced — neither overbought nor oversold.

SMA 50
16
▼ Price below SMA 50 — Short-term bearish
SMA 200
20
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
70K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Airan Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Airan Ltd (AIRAN) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Airan Ltd

About AIRAN (Airan Ltd)

Airan Ltd is a dynamic and innovative IT Enabled Services provider, operating both within India and on a global scale. They function as a vital bridge connecting businesses with te...chnological solutions, streamlining complex processes and enhancing operational efficiency. At its core, Airan excels in delivering customized, scalable IT solutions tailored to the unique needs of each client. This dedication to understanding and addressing specific business challenges positions them as a strategic partner for organizations seeking to optimize performance and gain a competitive edge in today's rapidly evolving digital landscape. Their service offerings showcase a commitment to innovation and a deep understanding of the transformative power of technology. The core of Airan's service suite is a comprehensive range of technology-driven solutions designed to modernize and simplify essential business functions. They have expertise in efficiently handling financial operations, including secure cash management systems and convenient fee collection services. The company's cutting-edge digital onboarding platform uses eKYC and other digital verification tools to streamline customer acquisition, ensuring a seamless and secure experience. Beyond finance and customer management, Airan also offers robust document management and back office support solutions, providing clients with the tools and infrastructure needed to focus on their core competencies and strategic growth initiatives. Furthermore, Airan's commitment to innovation extends to software development and tailored IT solutions, crafting specific programs that address the needs of individual clients. Through its contact center services, Airan facilitates seamless communication and customer engagement, boosting client satisfaction and loyalty. Their services are designed to empower businesses, allowing them to leverage the power of IT to optimize workflows, enhance decision-making, and achieve sustainable growth. Airan Ltd is uniquely positioned to drive digital transformation and unlock new levels of operational excellence for organizations seeking to thrive in the modern era.

Company Details

Symbol:AIRAN
Industry:IT Enabled Services
Sector:IT Enabled Services

Key Leadership

Mr. Sandeepkumar Vishwanath Agrawal
MD & Chairman
Mr. Krunal Ashokkumar Jethva
Chief Financial Officer
Ms. Stutiben Kalpeshkumar Kinariwala C.S.
Company Secretary & Compliance Officer

AIRAN Share Price: Frequently Asked Questions

What is the current share price of Airan Ltd?

Airan Ltd (AIRAN) trades at ₹16.29 on NSE and BSE. Market cap ₹238.05 (Cr). Educational data only.

What is the P/E ratio of Airan Ltd?

Airan Ltd has a P/E of 102.61x vs industry average 33.81x.

What is the Bull Run score for Airan Ltd?

Airan Ltd has a Bull Run score of 47.1/100 based on 25+ financial parameters.

Does Airan Ltd pay dividends?

Airan Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Airan Ltd?

Airan Ltd has ROE of 8.87%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Airan Ltd?

Airan Ltd has debt-to-equity of 0.01.

Is Airan Ltd a good investment?

Bull Run gives Airan Ltd a score of 47.1/100. This is not investment advice — consult a SEBI-registered advisor.