Airan Ltd

Airan Ltd – Company Report


1. Company Overview


Airan Ltd, incorporated in 1995 and headquartered in Ahmedabad, Gujarat, is a prominent provider of Information Technology (IT) and IT-enabled services. The company specializes in banking transaction processing services and document management systems, serving various sectors such as telecommunications, internet service providers, payment banks, and public sector banks. With a strong presence across India, Airan has developed expertise in delivering technology-driven business process outsourcing solutions that enhance operational efficiency and support digital transformation efforts.

The company originated from IT and computer coaching activities in the 1990s and gradually evolved to become a notable player in processing IPO applications, cheque clearing services, and cash management services for major banks. Over time, Airan has expanded its offerings to include back-office management, customer onboarding, digital document verification, payroll processing, and more.

Key Highlights:

  • Founded: 1995
  • Headquarters: Ahmedabad, Gujarat, India
  • Industry Focus: IT and ITeS for BFSI, telecom, fintech, government, and corporate clients
  • Employee Strength: 1,787 (approx.)
  • Market Position: Leading service provider for BFSI and telecom industries in India

2. Products and Services


Airan Ltd offers a comprehensive portfolio of IT and IT-enabled solutions tailored to financial institutions, telecom companies, and other enterprise clients:

Banking Transaction Processing Services:

  • Cheque truncation and clearing services
  • Cash management services (CMS) for various banks
  • Dividend warrant and refund order processing and reconciliation

Document Management Services:

  • Digital document verification and records management
  • Back-office services including bookkeeping and payroll processing

Customer Onboarding and KYC Services:

  • Know Your Customer (KYC) verification for banks and financial institutions
  • Credit verification and doorstep banking services

IT-Enabled Services for Telecommunications and Internet Providers:

  • Contact center services
  • Software development and data migration services

Financial and Non-Financial Outsourcing:

  • E-stamping and registration fee collection
  • Property and strata management services
  • Automobile inspection support

Airan combines domain expertise with advanced technology platforms to deliver efficient and scalable solutions that address regulatory compliance, operational challenges, and customer experience enhancement.


3. Recent News & Financial Performance


Recent Developments

  • Airan continues to expand its service offerings and market reach, investing in technology and digital transformation for banking and financial services.
  • The company has maintained long-term relationships with banks, telecoms, and government agencies, supporting their operational modernization and digital compliance requirements.

4. Financial Performance (FY2025)


Metric Value
Revenue ₹1,064.98 million (FY2025), slightly up from ₹1,054.97 million in FY2024
Total Revenue ₹1,175.66 million (FY2025)
Operating Profit ₹18 crore (FY2025)
Operating Profit Margin 17%
Basic Earnings Per Share (EPS) ₹1.46 (FY2025)
Return on Equity (ROE) 14% (FY2025)
Dividend No dividend declared in recent years
Debt Company remains almost debt free

Financial Summary

FY2025
MetricCompanyIndustry Avg.
Price / Sales3.644.76
EV / EBITDA12.4216.83
Debt / Equity0.020.2
ROE %13.6227.98
ROCE %16.332.07
P / B2.696.15
Div Yld %00.86
P/E21.0528.47
OPM %16.9924.21
Qtr Sales Growth YOY %-8.1712.25
Qtr Profit Growth YOY %-174.1423.24
ROA LAST 12M %11.0917.16
Prom. Hold. %72.3464.26
Sales 3Yrs CAGR %6.8629.02
Sales 5Yrs CAGR %13.0529.24
Profit 3Yrs CAGR %39.2271.92
Profit 5Yrs CAGR %21.347.5

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