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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Airan Limited is an India-based company. The Company is engaged in business of information technology (IT) and IT enabled services including banking transaction processing services and document management services for telecommunication companies, Internet services provider,…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, slow-growing business, reasonably priced.
Airan is scored on the it / services framework. It keeps a healthy 10.2% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.30×) — worth a closer look. Free cash flow is worth about -7.7% of its market value.
Over the last 3 years revenue compounded at 6%/yr and profit at 4%/yr. Book value has grown 11%/yr. Return on equity is a weak 7.7%. In the latest quarter profit grew 1663% versus the prior quarter.
At 16× earnings, the stock sits at the 20th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price asks for only ~2%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 12.43 | — | — |
| P/B | 1.24 | — | — |
| EV/EBITDA | 6.84 | — | — |
| ROE | 7.73 | 5.95 | better |
| ROCE | 10.15 | — | — |
| ROA | 8.1 | — | — |
| Quick Ratio | 5.33 | 11.28 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| TCS | 17.4 | 7.6 | 43.4% |
| Infosys | 15.6 | 5.1 | 31.0% |
| HCL Technologies | 21.3 | 5.1 | 24.1% |
Revenue has grown every year across all 4 financial years shown. 6% CAGR — growing but slowly. Growth is decelerating — latest year grew slower than the year before.
Profit is on a 2-year growth streak. The latest year saw a -35% swing — check if it's a one-off or structural.
Operating margins have been stable around 13% — no major structural shift.
ROE at 7% — modest; the capital isn't working hard.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. 6% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 0.3× PAT — reported profit isn't translating into cash, raising earnings quality questions. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 17% sequentially — momentum is building. Wide quarterly swings (32% spread) — likely seasonality, lumpy orders, or project-based revenue.
Profit jumped 1663% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (3% → 20%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 72.2% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.