In this article you get to know insight about Airan Share Price Target, Airan Ltd is a dynamic IT company that offers a wide range of services, making it a key player in the financial sector. One of its notable services includes the efficient collection of more than 10,000 cheques from bank clients. To streamline this process, Airan Ltd has developed a mobile application used to track daily collection reports. The company also provides various other valuable services, including:
CTS Services to Banks: Airan Ltd offers Cheque Truncation System (CTS) services to banks, enhancing their operational efficiency and security.
Doorstep Banking and Pickup Services: The company provides doorstep banking services and pickup services to allied customers of banks, ensuring convenience and accessibility.
Online Bank Account Opening: Airan Ltd facilitates online bank account opening services, simplifying the onboarding process for customers.
Address and Credit Verification Services: It offers address and credit verification services for telecom companies, aiding in risk assessment and customer authentication.
Airan Ltd has made a mark in the IT sector and continues to be profitable. In 2022, the company achieved its highest profit of ₹10.02 crores, following a profit of ₹5.86 crores in 2021.
Airan Financial Trends
2019: Revenue – ₹48.53 Crores, Profit – ₹4.14 Crores
2020: Revenue – ₹57.68 Crores, Profit – ₹6.72 Crores
2021: Revenue – ₹66.3 Crores, Profit – ₹5.86 Crores
2022: Revenue – ₹87.27 Crores, Profit – ₹9.61 Crores
Fundamental Insights:
| Market Cap | ₹214 Crores |
| P/E Ratio | 20.12 |
| Return on Equity (ROE) | 9.53% |
| Earnings per Share (EPS) | ₹0.85 |
| Book Value | ₹9.10 |
| Debt | ₹4.84 Crores |
| Debt to Equity Ratio | 0.04 |
Share Price Targets:
| Year | First Target (INR) | Second Target (INR) |
| 2023 | ₹27 | ₹30 |
| 2024 | ₹45 | ₹48 |
| 2025 | ₹67 | ₹72 |
| 2026 | ₹80 | ₹85 |
| 2027 | ₹105 | ₹115 |
| 2028 | ₹135 | ₹145 |
| 2029 | ₹155 | ₹180 |
| 2030 | ₹165 | ₹185 |
Airan Share Price Targets
2023: Airan Ltd is expected to exhibit significant movement in its share price, with shareholders potentially seeing returns ranging from 50% to 70%. The Airan Share Price Target for 2023 is estimated to be ₹27, with a second target of ₹30.
2024: Anticipating increased trading volume, the company’s share price may experience substantial growth in 2024. The Airan Share Price Target for 2024 is projected to be ₹45, with a second target of ₹48.
2025: Experts predict an upward trend in the stock price in 2025. The Airan Share Price Target for 2025 is expected to be ₹67, with a potential second target of ₹72. While minor declines may occur, long-term growth is likely..
2030: Airan Ltd’s increasing profitability is a positive indicator for potential investors. Considering this, the Airan Share Price Target for 2030 is estimated to range from ₹165 to ₹185.
FAQs:
What will be the expected share price of Airan Ltd in 2025?
Based on analysis, the share price of Airan Ltd in 2025 is expected to be around ₹67-72.
What will be the expected share price of Airan Ltd in 2030?
In 2030, the price of Airan shares is anticipated to be in the range of ₹165-185. The company’s strong fundamentals suggest favorable future performance.
DISCLAIMER: Investing in the stock market carries inherent market risks. It is essential to thoroughly review all scheme-related documents prior to making any investment decisions.