IIRM Holdings India Ltd
Incorporated in 1992, IIRM Holdings India
Ltd is in the business of consultancy and investments in group /associates companies[1]
- Market Cap ₹ 538 Cr.
 - Current Price ₹ 78.9
 - High / Low ₹ 147 / 69.7
 - Stock P/E 29.3
 - Book Value ₹ 19.4
 - Dividend Yield 0.00 %
 - ROCE 23.5 %
 - ROE 18.6 %
 - Face Value ₹ 5.00
 
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
 
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Commercial Services & Supplies Consulting Services
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|
| 178 | 219 | 233 | |
| 133 | 174 | 186 | |
| Operating Profit | 44 | 46 | 47 | 
| OPM % | 25% | 21% | 20% | 
| 2 | 0 | 0 | |
| Interest | 3 | 3 | 5 | 
| Depreciation | 12 | 13 | 16 | 
| Profit before tax | 32 | 31 | 27 | 
| Tax % | 28% | 29% | |
| 23 | 22 | 18 | |
| EPS in Rs | 3.32 | 3.17 | 2.63 | 
| Dividend Payout % | 0% | 0% | 
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | % | 
| TTM: | 23% | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | % | 
| TTM: | -1% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | 32% | 
| 5 Years: | % | 
| 3 Years: | % | 
| 1 Year: | -39% | 
| Return on Equity | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | % | 
| Last Year: | 19% | 
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Equity Capital | 34 | 34 | 
| Reserves | 75 | 98 | 
| 19 | 30 | |
| 28 | 23 | |
| Total Liabilities | 156 | 185 | 
| 39 | 62 | |
| CWIP | 21 | 4 | 
| Investments | 0 | 2 | 
| 95 | 118 | |
| Total Assets | 156 | 185 | 
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| -52 | 6 | |
| -31 | -16 | |
| 114 | 9 | |
| Net Cash Flow | 32 | -1 | 
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Debtor Days | 92 | 120 | 
| Inventory Days | ||
| Days Payable | ||
| Cash Conversion Cycle | 92 | 120 | 
| Working Capital Days | 101 | 120 | 
| ROCE % | 23% | 
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2d
 - 
        
          Appointment of Company Secretary and Compliance Officer
          
            30 Oct - Approved Q2/H1 unaudited results; CS resign Nov 3, appoint Nov 5; India Insure to acquire Safe Risk (100%), subject IRDAI.
 - Unaudited Financial Results For Q2FY26 30 Oct
 - 
        
          Board Meeting Outcome for Outcome Of Board Meeting
          
            30 Oct - Approved Q2/H1 Sep 30, 2025 results; CS change; India Insure to acquire Safe Risk 100% subject to IRDAI; fundraising, ESOP.
 - 
        
          Board Meeting Intimation for Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Half Year Ended September 30, 2025.
          
            27 Oct - Board meeting on Oct 30, 2025 to approve unaudited Q2/H1 financials ended Sept 30, 2025; trading window closed.
 
Annual reports
- 
    
      Financial Year 2025
      from bse
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      Financial Year 2024
      from bse
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      Financial Year 2023
      from bse
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      Financial Year 2022
      from bse
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      Financial Year 2021
      from bse
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      Financial Year 2020
      from bse
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      Financial Year 2019
      from bse
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      Financial Year 2017
      from bse
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      Financial Year 2016
      from bse
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      Financial Year 2015
      from bse
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      Financial Year 2014
      from bse
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      Financial Year 2013
      from bse
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      Financial Year 2012
      from bse
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      Financial Year 2011
      from bse
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      Financial Year 2010
      from bse
 
Business Profile[1] IIRM Holdings India Limited (formerly Sudev Industries) is a diversified insurance distribution platform with over 25 years of operational history. It operates across India, Singapore, Sri Lanka, Maldives, and Kenya and has evolved from an insurance agency to a licensed broker offering comprehensive insurance solutions, reinsurance services, and wellness offerings.