Airan enterprise value

Share price at each year-end

Tap a line for its trend	Currentlast 12M	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus


173	—	—	—	—	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
21.2	21.2	4.3	10.5	8.6
9.1	9.1	9.0	8.7	8.4
1.0	1.0	2.3	0.8	4.8
162	—	—	—	—
−20.2	−20.2	−2.0	−9.7	−3.8
₹12.98	—	—	—	—

166	166	156	136	127
0.6%	0.6%	1.5%	0.6%	3.8%
0.01×	—	—	—	—

1.44×	—	—	—	—
11.75×	—	—	—	—
18.78×	—	—	—	—
157.87×	—	—	—	—
113	112	106	105	97.4
13.8	14.3	18.1	19.6	16.6
8.6	9.1	12.7	14.1	11.5
—	3.7	21.2	2.8	22.9
1.0	1.0	15.8	−10.7	1.4
—	1.0	15.8	−10.8	1.3
—	2.7	5.4	13.5	21.5

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

AIRAN₹13.87

Airan Limited

· Technology

₹ CrorePeersINTENTECH DEVIT FCSSOFT ODIGMA TERASOFT DIGISPICE HGM SECURKLOUDMcap ₹173 Cr

HighlightsEnterprise Value Multiples Per ShareAnnuals · FY-end closes

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Current/LTM TTM · last close
Market Capitalization	—	—	—	—	173.4
- Cash, Equiv & ST Investments	8.6	10.5	4.3	21.2	21.2
+ Minority Interest	8.4	8.7	9.0	9.1	9.1
+ Total Debt	4.8	0.8	2.3	1.0	1.0
Enterprise Value	—	—	—	—	162.3
Net Debt (memo)	-3.8	-9.7	-2.0	-20.2	-20.2
EV per Share	—	—	—	—	12.98

Total Capital	127.0	135.5	155.6	166.2	166.2
Total Debt/Total Capital	3.82	0.56	1.46	0.62	0.62
Total Debt/EV	—	—	—	—	0.01

EV/Sales	—	—	—	—	1.44
EV/EBITDA	—	—	—	—	11.75
EV/EBIT	—	—	—	—	18.78
EV/Free Cash Flow	—	—	—	—	157.87
Reference Items — Trailing FY Values
Sales	97.4	105.5	106.5	112.2	113.1
EBITDA	16.6	19.6	18.1	14.3	13.8
EBIT	11.5	14.1	12.7	9.1	8.6
Operating Cash Flow	22.9	2.8	21.2	3.7	—
Free Cash Flow	1.4	-10.7	15.8	1.0	1.0
FCFF (free cash flow to the firm)	1.3	-10.8	15.8	1.0	—
Capital Expenditure	21.5	13.5	5.4	2.7	—

Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.