Loading...

Airan

NSEI:AIRAN
Snowflake Description

Adequate balance sheet with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AIRAN
NSEI
₹5B
Market Cap
  1. Home
  2. IN
  3. Software
Company description

Airan Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and software services in India. The last earnings update was 306 days ago. More info.


Add to Portfolio Compare Print
  • Airan has significant price volatility in the past 3 months.
AIRAN Share Price and Events
7 Day Returns
-42.5%
NSEI:AIRAN
2.4%
IN IT
-1%
IN Market
1 Year Returns
58.6%
NSEI:AIRAN
20.8%
IN IT
-1.6%
IN Market
AIRAN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Airan (AIRAN) -42.5% 26.9% 48% 58.6% - -
IN IT 2.4% 7.8% 10.9% 20.8% 48.7% 85%
IN Market -1% 3% 6.2% -1.6% 39% 73%
1 Year Return vs Industry and Market
  • AIRAN outperformed the IT industry which returned 20.8% over the past year.
  • AIRAN outperformed the Market in India which returned -1.6% over the past year.
Price Volatility
AIRAN
Industry
5yr Volatility vs Market

AIRAN Value

 Is Airan undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Airan. This is due to cash flow or dividend data being unavailable. The share price is ₹38.7.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Airan's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Airan's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:AIRAN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹0.41
NSEI:AIRAN Share Price ** NSEI (2019-04-24) in INR ₹38.7
India IT Industry PE Ratio Median Figure of 84 Publicly-Listed IT Companies 15.94x
India Market PE Ratio Median Figure of 2,739 Publicly-Listed Companies 16.05x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Airan.

NSEI:AIRAN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NSEI:AIRAN Share Price ÷ EPS (both in INR)

= 38.7 ÷ 0.41

95.5x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Airan is overvalued based on earnings compared to the IN IT industry average.
  • Airan is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Airan's expected growth come at a high price?
Raw Data
NSEI:AIRAN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 95.5x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
17.5%per year
India IT Industry PEG Ratio Median Figure of 21 Publicly-Listed IT Companies 1.31x
India Market PEG Ratio Median Figure of 586 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Airan, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Airan's assets?
Raw Data
NSEI:AIRAN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹6.43
NSEI:AIRAN Share Price * NSEI (2019-04-24) in INR ₹38.7
India IT Industry PB Ratio Median Figure of 108 Publicly-Listed IT Companies 1.38x
India Market PB Ratio Median Figure of 3,630 Publicly-Listed Companies 1.09x
NSEI:AIRAN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:AIRAN Share Price ÷ Book Value per Share (both in INR)

= 38.7 ÷ 6.43

6.02x

* Primary Listing of Airan.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Airan is overvalued based on assets compared to the IN IT industry average.
X
Value checks
We assess Airan's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Airan has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

AIRAN Future Performance

 How is Airan expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Airan, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Airan expected to grow at an attractive rate?
  • Airan's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Airan's earnings growth is positive but not above the India market average.
  • Unable to compare Airan's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:AIRAN Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:AIRAN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 17.5%
India IT Industry Earnings Growth Rate Market Cap Weighted Average 9.5%
India IT Industry Revenue Growth Rate Market Cap Weighted Average 9.4%
India Market Earnings Growth Rate Market Cap Weighted Average 18.3%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:AIRAN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:AIRAN Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 373 17 51
2017-03-31 289 -98 23
2016-03-31 259 107 12

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Airan's earnings are expected to grow by 17.5% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Airan is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:AIRAN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Airan Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:AIRAN Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 0.41
2017-03-31 0.18
2016-03-31 0.14

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Airan will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Airan's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Airan has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

AIRAN Past Performance

  How has Airan performed over the past 5 years?

  • Airan's last earnings update was 306 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Airan's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if Airan's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Airan's 1-year earnings growth to the 5-year average due to insufficient past data.
  • Airan's earnings growth has exceeded the IN IT industry average in the past year (120.3% vs 24.5%).
Earnings and Revenue History
Airan's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Airan Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:AIRAN Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 373.07 50.67 3.84
2017-03-31 288.73 22.99 3.20
2016-03-31 259.27 12.48 5.37
2015-03-31 191.50 8.14 1.45
2014-03-31 143.51 8.63 0.37
2013-03-31 112.07 8.12 0.35

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Airan has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Airan used its assets less efficiently than the IN IT industry average last year based on Return on Assets.
  • Airan has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Airan's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Airan has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

AIRAN Health

 How is Airan's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Airan's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Airan is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Airan's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Airan's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Airan Company Filings, last reported 1 year ago.

NSEI:AIRAN Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 803.67 151.78 114.97
2017-03-31 359.72 126.65 121.57
2016-03-31 188.23 83.91 24.72
2015-03-31 174.13 100.63 14.61
2014-03-31 167.18 39.36 14.42
2013-03-31 158.56 25.76 2.06
  • Airan's level of debt (18.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (16.3% vs 18.9% today).
  • Debt is not well covered by operating cash flow (11.4%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 18.4x coverage).
X
Financial health checks
We assess Airan's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Airan has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

AIRAN Dividends

 What is Airan's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Airan dividends.
If you bought ₹2,000 of Airan shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Airan's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Airan's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:AIRAN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India IT Industry Average Dividend Yield Market Cap Weighted Average of 40 Stocks 1.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1399 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Airan has not reported any payouts.
  • Unable to verify if Airan's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Airan's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Airan has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Airan's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Airan afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Airan has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

AIRAN Management

 What is the CEO of Airan's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sandeepkumar Agrawal
COMPENSATION ₹1,091,827
AGE 48
TENURE AS CEO 2.3 years
CEO Bio

Mr. Sandeepkumar Vishwanath Agrawal is a Promoter of Airan Limited. Mr. Agrawal has been the Managing Director and Chairman at Airan Limited since January 5, 2017. His functional responsibility in Airan involves handling the overall operations of it including Client Relationships, new setup and infrastructure requirements for service outlets of it. He is first Generation Business Entrepreneur and founder of Airan. He is a Promoter of Airan Network Private Limited (ANPL). He has professional experience of twenty seven years in the field of information technology & information technology enabled services. He has been a Director at Airan since April 19, 1995. He serves as a Director of ANPL. Mr. Agrawal holds a Bachelors Degree in Commerce from Gujarat University.

CEO Compensation
  • Sandeepkumar's compensation has increased by more than 20% in the past year.
  • Sandeepkumar's remuneration is about average for companies of similar size in India.
Management Team Tenure

Average tenure of the Airan management team in years:

2.3
Average Tenure
  • The tenure for the Airan management team is about average.
Management Team

Sandeepkumar Agrawal

TITLE
Chairman & MD
COMPENSATION
₹1M
AGE
48
TENURE
2.3 yrs

Krunal Jethva

TITLE
Chief Financial Officer
COMPENSATION
₹531K
TENURE
2.3 yrs

Poonam Agrawal

TITLE
Executive Director
COMPENSATION
₹1M
AGE
46

Allwyn Christian

TITLE
Chief Operating Officer
COMPENSATION
₹634K
TENURE
4.3 yrs

Ruchika Jain

TITLE
Company Secretary & Compliance Officer

Tulsi Balupar

TITLE
Head of Human Resources
COMPENSATION
₹460K

Ankur Khatri

TITLE
Head of Information Technology
COMPENSATION
₹55K

Bharat Marwadi

TITLE
General Manager of Banking Operations
COMPENSATION
₹482K

Navdeep Yadav

TITLE
Assistant General Manager of DMS Operations
COMPENSATION
₹445K

Pradip Jivani

TITLE
Assistant General Manager of CMS Operations
COMPENSATION
₹335K
Board of Directors Tenure

Average tenure and age of the Airan board of directors in years:

2.3
Average Tenure
46
Average Age
  • The average tenure for the Airan board of directors is less than 3 years, this suggests a new board.
Board of Directors

Poonam Agrawal

TITLE
Executive Director
COMPENSATION
₹1M
AGE
46
TENURE
15.7 yrs

Sarita Aggarwal

TITLE
Non Executive Director
COMPENSATION
₹20K
AGE
47
TENURE
2.3 yrs

Sandeepkumar Agrawal

TITLE
Chairman & MD
COMPENSATION
₹1M
AGE
48
TENURE
2.3 yrs

Siddharth Dugar

TITLE
Independent Director
COMPENSATION
₹34K
AGE
34
TENURE
2.3 yrs

Ajit Jain

TITLE
Non-Executive Independent Director
COMPENSATION
₹10K
TENURE
1.8 yrs

Bhoomika Gupta

TITLE
Independent Director
COMPENSATION
₹36K
AGE
37
TENURE
2.3 yrs

Jayesh Jain

TITLE
Independent director
TENURE
1.2 yrs

Manish Iyer

TITLE
Independent Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Airan's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Airan has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

AIRAN News

Simply Wall St News

Can You Imagine How Airan's (NSE:AIRAN) Shareholders Feel About The 34% Share Price Increase?

For example, the Airan Limited (NSE:AIRAN) share price is up 34% in the last year, clearly besting than the market return of around -0.8% (not including dividends). … Airan hasn't been listed for long, so it's still not clear if it is a long term winner. … During the last year Airan grew its earnings per share (EPS) by 120%.

Simply Wall St -

What Investors Should Know About Airan Limited's (NSE:AIRAN) Financial Strength

Investors are always looking for growth in small-cap stocks like Airan Limited (NSE:AIRAN), with a market cap of ₹3.4b. … However, an important fact which most ignore is: how financially healthy is the business? … So, understanding the company's financial health becomes

Simply Wall St -

Is Airan Limited (NSE:AIRAN) Investing Your Capital Efficiently?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Understanding Return On Capital Employed (ROCE). … ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business.

Simply Wall St -

A Closer Look At Airan Limited's (NSE:AIRAN) Uninspiring ROE

Airan has a ROE of 6.3%, based on the last twelve months. … Another way to think of that is that for every ₹1 worth of equity in the company, it was able to earn ₹0.063. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

How Financially Strong Is Airan Limited (NSE:AIRAN)?

Airan Limited (NSE:AIRAN) is a small-cap stock with a market capitalization of ₹4.1b. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is

Simply Wall St -

Airan Limited (NSE:AIRAN): Why Return On Capital Employed Is Important

Owing to this, it is important that the underlying business is producing a sufficient amount of income from the capital invested by stockholders. … This is because the actual cash flow generated by the business dictates the potential for income (dividends) and capital appreciation (price increases), which are the two ways to achieve positive returns when buying a stock. … To understand Airan’s capital returns we will look at a useful metric called return on capital employed.

Simply Wall St -

What Does Airan Limited's (NSE:AIRAN) PE Ratio Tell You?

This analysis is intended to introduce important early concepts to people who are starting to invest. … Although some investors may see this as unappealing, it is important to understand the assumptions behind the P/E ratio before making judgments. … I will break down what the P/E ratio is, how to interpret it and what other factors to keep in mind

Simply Wall St -

Understanding Your Return On Investment In Airan Limited (NSE:AIRAN)

and want a simplistic look at the return on Airan Limited (NSE:AIRAN) stock. … To understand Airan’s capital returns we will look at a useful metric called return on capital employed. … Calculating Return On Capital Employed for AIRAN

Simply Wall St -

Will Airan Limited (NSE:AIRAN) Continue To Underperform Its Industry?

and looking to gauge the potential return on investment in Airan Limited (NSE:AIRAN). … Airan Limited (NSE:AIRAN) generated a below-average return on equity of 6.39% in the past 12 months, while its industry returned 12.96%. … An investor may attribute an inferior ROE to a relatively inefficient performance, and whilst this can often be the case, knowing the nuts and bolts of the ROE calculation may change that perspective and give you a deeper insight into AIRAN's past performance

Simply Wall St -

Does Airan Limited's (NSEI:AIRAN) Recent Track Record Look Strong?

Measuring Airan Limited's (NSEI:AIRAN) track record of past performance is a useful exercise for investors. … Today I will assess AIRAN's recent performance announced on 31 March 2017 and weigh these figures against its long-term trend and industry movements. … See our latest analysis for AIRAN Did AIRAN's recent EPS Growth beat the long-term trend and the industry?

Simply Wall St -

AIRAN Company Info

Description

Airan Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and software services in India. It offers information technology (IT) and IT-enabled services, including banking transaction processing services and document management services for telecommunication companies, Internet services providers, and payment banks. The company offers cash management, door step banking and pickup, CTS clearing processing, processing of bank account opening forms, e-stamping certificate/e-registration fee collection, records management, address and credit verification, contact center, back office management, and software development services, as well as manages collection counters. It provides its services for banking, telecom, software development, field operations, and back-office and front-office management sectors. Airan Limited was founded in 1989 and is based in Ahmedabad, India.

Details
Name: Airan Limited
AIRAN
Exchange: NSEI
Founded: 1989
₹4,838,274,000
125,020,000
Website: http://www.airanlimited.in
Address: Airan Limited
408 Kirtiman Complex,
Behind Rembrandt Building,
Ahmedabad,
Gujarat, 380006,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI AIRAN Equity Shares National Stock Exchange of India IN INR 22. Mar 2017
NSEI AIRAN INR2 National Stock Exchange of India IN INR 25. Apr 2019
Number of employees
Current staff
Staff numbers
0
Airan employees.
Industry
Data Processing and Outsourced Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 13:54
End of day share price update: 2019/04/24 00:00
Last earnings filing: 2018/06/23
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.