Airan Limited (AIRAN) - Net Assets

Latest as of March 2026: Rs1.65 Billion INR ≈ $17.87 Million USD

Based on the latest financial reports, Airan Limited (AIRAN) has net assets worth Rs1.65 Billion INR (≈ $17.87 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.93 Billion ≈ $20.86 Million USD) and total liabilities (Rs276.63 Million ≈ $2.99 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 strategic asset allocation of Airan Limited to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs1.65 Billion
% of Total Assets	85.66%
Annual Growth Rate	18.67%
5-Year Change	48.06%
10-Year Change	359.27%
Growth Volatility	35.58

Airan Limited - Net Assets Trend (2012–2026)

This chart illustrates how Airan Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see AIRAN market cap.

Annual Net Assets for Airan Limited (2012–2026)

The table below shows the annual net assets of Airan Limited from 2012 to 2026. Also explore how fast is Airan Limited growing its equity to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	Rs1.65 Billion ≈ $17.87 Million	+7.74%
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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	Rs250.04 Million	16.02%
Other Components	Rs1.31 Billion	83.98%
Total Equity	Rs1.56 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
G11 Resources Ltd AU:G11	$22.57 Million
Grafton Group plc LSE:GFTU	$22.57 Million
Orient Precision Industries Inc KQ:065500	$22.58 Million
First Au Ltd AU:FAU	$22.58 Million
Dongsung Pharm KO:002210	$22.56 Million
Sinergi Megah Internusa Tbk PT JK:NUSA	$22.56 Million
Golden Heaven Group Holdings Ltd. Ordinary Shares NASDAQ:GDHG	$22.56 Million
CMC Markets PLC LSE:CMCX	$22.54 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 2025 to 2026, total equity changed from 1,443,069,000 to 1,560,832,000, a change of 117,763,000 (8.2%).
Net income of 121,153,000 contributed positively to equity growth.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs121.15 Million	+7.76%
Other Changes	Rs-3.39 Million	-0.22%
Total Change	Rs-	8.16%

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: 1.39x
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 13.87x to 1.39x 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	Rs16.69	x
2013-03-31	Rs1.27	Rs16.69	x
2014-03-31	Rs1.34	Rs16.69	x
2015-03-31	Rs1.39	Rs16.69	x
2016-03-31	Rs1.51	Rs16.69	x
2017-03-31	Rs2.88	Rs16.69	x
2018-03-31	Rs6.43	Rs16.69	x
2019-03-31	Rs6.89	Rs16.69	x
2020-03-31	Rs6.54	Rs16.69	x
2021-03-31	Rs7.00	Rs16.69	x
2022-03-31	Rs8.28	Rs16.69	x
2023-03-31	Rs9.10	Rs16.69	x
2024-03-31	Rs10.08	Rs16.69	x
2025-03-31	Rs10.83	Rs16.69	x
2026-03-31	Rs11.98	Rs16.69	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): 7.76%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 10.79%
• Asset Turnover: 0.58x
• Equity Multiplier: 1.24x
Recent ROE (7.76%) is above the historical average (7.18%), 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
2026	7.76%	10.79%	0.58x	1.24x	Rs-34.93 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: $3,414,016,650
Average return on equity (ROE) among peers: 63.36%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Airan Limited (AIRAN)	Rs1.65 Billion	4.62%	0.17x	$22.57 Million
AAA Technologies Limited (AAATECH)	$308.25 Million	11.39%	0.06x	$12.06 Million
Accelya Solutions India Limited (ACCELYA)	$2.39 Billion	17.69%	0.44x	$181.28 Million
Adroit Infotech Limited (ADROITINFO)	$202.74 Million	9.81%	0.22x	$5.85 Million
Alankit Limited (ALANKIT)	$1.45 Billion	1.63%	0.81x	$22.70 Million
Bartronics India Limited (ASMS)	$254.08 Million	433.82%	0.09x	$21.94 Million
BIRLASOFT LIMITED (BSOFT)	$12.96 Billion	18.28%	0.75x	$847.80 Million
Computer Age Management Services Limited (CAMS)	$5.40 Billion	31.83%	0.49x	$1.90 Billion
Cigniti Technologies Limited (CIGNITITEC)	$7.38 Billion	22.44%	0.36x	$374.23 Million
Cambridge Technology Enterprises Limited (CTE)	$387.89 Million	23.35%	0.37x	$8.47 Million

About Airan Limited

NSE:AIRAN India Information Technology Services

Market Cap

$22.57 Million

Rs2.09 Billion INR

Market Cap Rank

#24820 Global

#1371 in India

Share Price

Rs16.69

Change (1 day)

-0.06%

52-Week Range

Rs12.83 - Rs26.12

All Time High

Rs44.35