Airan Limited (AIRAN) - Net Assets

Latest as of September 2025: Rs1.57 Billion INR ≈ $17.01 Million USD

Based on the latest financial reports, Airan Limited (AIRAN) has net assets worth Rs1.57 Billion INR (≈ $17.01 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.85 Billion ≈ $20.02 Million USD) and total liabilities (Rs277.64 Million ≈ $3.00 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Airan Limited to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs1.57 Billion
% of Total Assets	85.0%
Annual Growth Rate	19.55%
5-Year Change	72.27%
10-Year Change	713.08%
Growth Volatility	36.67

Airan Limited - Net Assets Trend (2012–2025)

This chart illustrates how Airan Limited's net assets have evolved over time, based on quarterly financial data. Also explore Airan Limited total assets for the complete picture of this company's asset base.

Annual Net Assets for Airan Limited (2012–2025)

The table below shows the annual net assets of Airan Limited from 2012 to 2025. For live valuation and market cap data, see AIRAN company net worth.

Year	Net Assets	Change
2025-03-31	Rs1.53 Billion ≈ $16.58 Million	+13.78%
2024-03-31	Rs1.35 Billion ≈ $14.57 Million	+10.34%
2023-03-31	Rs1.22 Billion ≈ $13.21 Million	+9.46%
2022-03-31	Rs1.12 Billion ≈ $12.07 Million	+25.36%
2021-03-31	Rs890.10 Million ≈ $9.63 Million	+8.89%
2020-03-31	Rs817.43 Million ≈ $8.84 Million	-2.11%
2019-03-31	Rs835.02 Million ≈ $9.03 Million	+3.90%
2018-03-31	Rs803.67 Million ≈ $8.69 Million	+123.41%
2017-03-31	Rs359.72 Million ≈ $3.89 Million	+90.74%
2016-03-31	Rs188.59 Million ≈ $2.04 Million	+8.31%
2015-03-31	Rs174.13 Million ≈ $1.88 Million	+4.15%
2014-03-31	Rs167.18 Million ≈ $1.81 Million	+5.44%
2013-03-31	Rs158.56 Million ≈ $1.71 Million	+5.40%
2012-03-31	Rs150.44 Million ≈ $1.63 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Airan Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 111077300000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs1.11 Billion	76.97%
Common Stock	Rs250.04 Million	17.33%
Other Components	Rs82.26 Million	5.70%
Total Equity	Rs1.44 Billion	100.00%

Airan Limited Competitors by Market Cap

The table below lists competitors of Airan Limited ranked by their market capitalization.

Company	Market Cap
Black Iron Inc. TO:BKI	$22.15 Million
Eden Innovations Ltd AU:EDE	$22.16 Million
Chembond Chemicals Ltd NSE:CHEMBOND	$22.16 Million
SOLWERS OYJ EO 1 F:0ST	$22.16 Million
NORTH PEAK RESOURCES LTD. F:B9TN	$22.14 Million
Greater Than AB ST:GREAT	$22.13 Million
Fidelix Co. Ltd KQ:032580	$22.13 Million
Monami KO:005360	$22.13 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Airan Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,260,268,000 to 1,443,069,000, a change of 182,801,000 (14.5%).
Net income of 184,114,000 contributed positively to equity growth.
Other comprehensive income decreased equity by 1,010,228,000.
Other factors increased equity by 1,008,915,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs184.11 Million	+12.76%
Other Comprehensive Income	Rs-1.01 Billion	-70.01%
Other Changes	Rs1.01 Billion	+69.91%
Total Change	Rs-	14.50%

Book Value vs Market Value Analysis

This analysis compares Airan Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 1.51x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 13.61x to 1.51x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-03-31	Rs1.20	Rs16.38	x
2013-03-31	Rs1.27	Rs16.38	x
2014-03-31	Rs1.34	Rs16.38	x
2015-03-31	Rs1.39	Rs16.38	x
2016-03-31	Rs1.51	Rs16.38	x
2017-03-31	Rs2.88	Rs16.38	x
2018-03-31	Rs6.43	Rs16.38	x
2019-03-31	Rs6.89	Rs16.38	x
2020-03-31	Rs6.54	Rs16.38	x
2021-03-31	Rs7.00	Rs16.38	x
2022-03-31	Rs8.28	Rs16.38	x
2023-03-31	Rs9.10	Rs16.38	x
2024-03-31	Rs10.08	Rs16.38	x
2025-03-31	Rs10.83	Rs16.38	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Airan Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 12.76%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 17.29%
• Asset Turnover: 0.60x
• Equity Multiplier: 1.24x
Recent ROE (12.76%) is above the historical average (7.13%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	4.62%	7.00%	0.51x	1.29x	Rs-8.09 Million
2013	5.12%	7.25%	0.57x	1.24x	Rs-7.74 Million
2014	5.16%	6.01%	0.63x	1.37x	Rs-8.09 Million
2015	4.67%	4.25%	0.64x	1.71x	Rs-9.27 Million
2016	6.62%	4.82%	0.85x	1.62x	Rs-6.37 Million
2017	6.39%	7.96%	0.57x	1.41x	Rs-12.98 Million
2018	6.30%	13.58%	0.37x	1.24x	Rs-29.70 Million
2019	4.96%	8.54%	0.50x	1.16x	Rs-42.07 Million
2020	8.23%	11.66%	0.55x	1.28x	Rs-14.50 Million
2021	6.69%	8.83%	0.57x	1.34x	Rs-28.96 Million
2022	9.29%	11.02%	0.65x	1.30x	Rs-7.40 Million
2023	9.11%	10.64%	0.66x	1.30x	Rs-10.15 Million
2024	9.96%	11.89%	0.67x	1.26x	Rs-560.80K
2025	12.76%	17.29%	0.60x	1.24x	Rs39.81 Million

Industry Comparison

This section compares Airan Limited's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

Industry: Information Technology Services
Average net assets among peers: $1,363,239,010
Average return on equity (ROE) among peers: 12.54%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Airan Limited (AIRAN)	Rs1.57 Billion	4.62%	0.18x	$22.15 Million
AAA Technologies Limited (AAATECH)	$253.85 Million	11.30%	0.09x	$13.80 Million
Accelya Solutions India Limited (ACCELYA)	$1.80 Billion	49.66%	0.42x	$187.02 Million
Adroit Infotech Limited (ADROITINFO)	$159.54 Million	-2.39%	0.01x	$5.85 Million
Alankit Limited (ALANKIT)	$3.75 Million	22.76%	4.62x	$27.04 Million
Bartronics India Limited (ASMS)	$664.69 Million	-75.68%	23.36x	$25.79 Million
BIRLASOFT LIMITED (BSOFT)	$1.42 Billion	22.91%	0.88x	$1.11 Billion
Computer Age Management Services Limited (CAMS)	$7.82 Billion	36.45%	0.40x	$1.98 Billion
Cigniti Technologies Limited (CIGNITITEC)	$115.76 Million	0.58%	0.23x	$351.04 Million
Cambridge Technology Enterprises Limited (CTE)	$29.18 Million	47.30%	0.49x	$6.93 Million

About Airan Limited

NSE:AIRAN India Information Technology Services

Market Cap

$22.15 Million

Rs2.05 Billion INR

Market Cap Rank

#24715 Global

#1373 in India

Share Price

Rs16.38

Change (1 day)

-4.21%

52-Week Range

Rs12.83 - Rs32.02

All Time High

Rs44.35