AIRAN
₹22.3
-0.2 (-0.89%)
As on 29 November, 2023 | 00:24 BSE: 543811 NSE: AIRANISIN: INE645W01026

Airan Performance

Day Range

  • Low 21.85
  • High 22.9
22.3

52 Week Range

  • Low 13.25
  • High 27.85
22.3
  • Open Price22.5
  • Previous Close22.4
  • Volume247979

Start SIP in Airan

Start SIP

Airan Share Price

  • Over 1 Month -0.22%
  • Over 3 Month -4.5%
  • Over 6 Month 34.74%
  • Over 1 Year 31.18%

Airan Key Statistics

P/E Ratio 24.8
PEG Ratio 1.9
Market Cap Cr 279
Price to Book Ratio 2.3
EPS 0.7
Dividend 0
Relative Strength Index 45.65
Money Flow Index 38.28
MACD Signal -0.18
Average True Range 1.01

Airan Investment Rating

  • Master Rating:
  • Airan has an operating revenue of Rs. 102.60 Cr. on a trailing 12-month basis. An annual revenue growth of 8% is good, Pre-tax margin of 14% is healthy, ROE of 9% is fair but needs improvement. The company has a reasonable debt to equity of 2%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and around 19% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 90 which is a GREAT score indicating consistency in earnings, a RS Rating of 58 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 139 indicates it belongs to a poor industry group of Computer-Tech Services and a Master Score of D is close to being the worst. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Airan Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 24212323221922
Operating Expenses Qtr Cr 19191819181720
Operating Profit Qtr Cr 4254423
Depreciation Qtr Cr 1111111
Interest Qtr Cr 0000000
Tax Qtr Cr 1011100
Net Profit Qtr Cr 3233213
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 8882
Operating Expenses Annual Cr 7267
Operating Profit Annual in Cr 1510
Depreciation Cr 44
Interest Annual Cr 00
Tax Annual Cr 32
Net Profit Annual Cr 98
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 1811
Cash from Investing Activity Annual Cr -5-7
Cash from Financing Annual Activity Cr 0-4
Net Cash Flow Annual Cr 130
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 10394
Fixed Assets Annual Cr 6256
Total Non Current Assets Annual Cr 6963
Total Current Assets Annual Cr 5549
Total Assets Annual Cr 124112
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 88
ROE Annual % 99
ROCE Annual % 1110
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1919
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 27242626242126
Operating Expenses Qtr Cr 22212121201920
Operating Profit Qtr Cr 5355426
Depreciation Qtr Cr 1111113
Interest Qtr Cr 0000000
Tax Qtr Cr 1111100
Net Profit Qtr Cr 3233223
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 10093
Operating Expenses Annual Cr 8175
Operating Profit Annual in Cr 1712
Depreciation Cr 55
Interest Annual Cr 10
Tax Annual Cr 32
Net Profit Annual Cr 1010
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 22
Cash from Investing Activity Annual Cr -15
Cash from Financing Annual Activity Cr -1
Net Cash Flow Annual Cr 6
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 114104
Fixed Assets Annual Cr 7560
Total Non Current Assets Annual Cr 7863
Total Current Assets Annual Cr 7072
Total Assets Annual Cr 148135
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 109
ROE Annual % 99
ROCE Annual % 1110
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2020

Airan Technicals

EMA & SMA

Current Price
₹22.3
-0.2 (-0.89%)
pointer
  • Bullish Moving Average
  • ___
  • 5
  • Bearish Moving Average
  • ___
  • 11
  • 20 Day
  • ₹22.56
  • 50 Day
  • ₹22.6
  • 100 Day
  • ₹21.7
  • 200 Day
  • ₹20.32
  • 20 Day
  • ₹22.36
  • 50 Day
  • ₹23.21
  • 100 Day
  • ₹22.03
  • 200 Day
  • ₹18.9

Airan Resistance and Support

PIVOT
₹22.35
Resistance
First Resistance ₹22.85
Second Resistance ₹23.4
Third Resistance ₹23.9
RSI 45.65
MFI 38.28
MACD Single Line -0.18
MACD -0.15
Support
First Resistance ₹21.8
Second Resistance ₹21.3
Third Resistance ₹20.75

Airan Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 267,487 26,748,700 100
Week 143,473 14,347,300 100
1 Month 108,756 10,875,557 100
6 Month 602,336 30,237,275 50.2

Airan Result Highlights

Airan Synopsis

NSE-Computer-Tech Services

Airan Ltd. is involved in the business activities of Other business support service activities. Company’s Total Operating Revenue is Rs. 86.24 Cr. and Equity Capital is Rs. 25.00 Cr. for the Year ended 31/03/2023. Airan Ltd. is a Public Limited Listed company incorporated on 19/04/1995 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L74140GJ1995PLC025519 and registration number is 025519.
Market Cap 279
Sales 90
Shares in Float 3.50
No of funds
Yield
Book Value 2.7
U/D Vol ratio 1.3
LTDebt / Equity 2
Alpha 0.12
Beta 1.15

Airan

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 72.38%72.42%72.42%72.42%
Foreign Portfolio Investors
Individual Investors 22.54%23.04%23.07%23.02%
Others 5.08%4.54%4.51%4.56%

Airan Management

Name Designation
Mr. Sandeepkumar Vishwanath Agrawal Chairman & Managing Director
Mrs. Poonam Sandeepkumar Agrawal Executive Director
Mr. Abhishek Sandeepkumar Agrawal Non Executive Director
Mrs. Sarita Neeraj Aggarwal Non Executive Director
Mr. Ajit Gyanchand Jain Independent Director
Mrs. Bhoomika Aditya Gupta Independent Director
Mr. Siddharth Sampatji Dugar Independent Director
Mr. Manish Chidambaram Iyer Independent Director

Airan Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Airan Corporate Action

Date Purpose Remarks
2023-11-11 Quarterly Results
2023-08-12 Quarterly Results
2023-05-28 Audited Results
2022-11-14 Quarterly Results
2022-08-10 Quarterly Results

Airan FAQs

What is Share Price of Airan ?

Airan share price is ₹22 As on 29 November, 2023 | 00:10

What is the Market Cap of Airan ?

The Market Cap of Airan is ₹278.8 Cr As on 29 November, 2023 | 00:10

What is the P/E ratio of Airan ?

The P/E ratio of Airan is 24.8 As on 29 November, 2023 | 00:10

What is the PB ratio of Airan ?

The PB ratio of Airan is 2.3 As on 29 November, 2023 | 00:10

Q2FY23