IRIS Business Services Ltd

IRIS Business Services Ltd

₹ 241 -4.98%
22 May 3:22 p.m.
About

Incorporated in 2000, IRIS Business Services
Ltd offers Regtech solutions to regulators and enterprises[1]

Key Points

Business Overview:[1][2]
IRIS BSL is a RegTech SaaS company that helps enterprises, business registers, regulators, central banks, stock exchanges, BFSI, and other organizations meet their regulatory compliance requirements through technology-driven solutions like Artificial Intelligence, Machine Learning, and Robotic Process Automation.
Company specialises in solutions related to compliance, data and analytics, encompassing various aspects of the information supply chain and data reporting standards like XBRL and SDMX

  • Market Cap 495 Cr.
  • Current Price 241
  • High / Low 577 / 200
  • Stock P/E 39.6
  • Book Value 37.8
  • Dividend Yield 0.00 %
  • ROCE 27.8 %
  • ROE 20.6 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 52.6% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -0.95%
  • Promoter holding is low: 34.7%

* 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
16.31 15.24 15.43 17.15 19.73 19.49 22.73 25.95 28.67 25.95 29.41 31.32 32.88
14.12 13.13 13.74 14.34 17.00 17.17 20.05 22.61 22.51 22.49 24.61 26.31 28.11
Operating Profit 2.19 2.11 1.69 2.81 2.73 2.32 2.68 3.34 6.16 3.46 4.80 5.01 4.77
OPM % 13.43% 13.85% 10.95% 16.38% 13.84% 11.90% 11.79% 12.87% 21.49% 13.33% 16.32% 16.00% 14.51%
0.23 0.11 0.22 0.12 0.42 0.10 0.20 0.10 0.23 0.51 0.65 0.45 0.80
Interest 0.37 0.24 0.22 0.24 0.28 0.23 0.25 0.28 0.35 0.17 0.20 0.17 0.20
Depreciation 1.29 1.27 1.12 1.14 1.16 1.12 1.15 1.20 0.96 0.45 0.50 0.50 0.66
Profit before tax 0.76 0.71 0.57 1.55 1.71 1.07 1.48 1.96 5.08 3.35 4.75 4.79 4.71
Tax % 14.47% 22.54% 21.05% 18.06% 18.71% 21.50% 18.24% 15.82% 9.65% 20.60% 21.89% 27.97% 43.10%
0.65 0.55 0.45 1.28 1.40 0.84 1.21 1.64 4.60 2.66 3.71 3.45 2.68
EPS in Rs 0.34 0.29 0.23 0.66 0.72 0.43 0.62 0.85 2.38 1.37 1.86 1.73 1.30
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
67 54 32 27 35 40 49 54 56 68 97 120
50 45 36 32 34 40 40 42 49 59 82 101
Operating Profit 17 9 -4 -5 1 0 9 12 7 9 14 18
OPM % 25% 16% -13% -17% 2% 0% 18% 22% 12% 13% 15% 15%
1 2 5 -0 0 1 1 0 1 1 1 2
Interest 2 1 2 2 2 2 2 2 1 1 1 1
Depreciation 4 6 5 5 4 4 6 6 5 5 4 2
Profit before tax 12 3 -6 -12 -5 -5 2 4 1 5 10 18
Tax % 33% -3% 12% -13% -8% 16% 5% -12% 47% 19% 14% 29%
8 3 -7 -10 -5 -5 2 5 1 4 8 12
EPS in Rs 11.50 4.87 -9.67 -14.43 -2.59 -2.87 0.80 2.51 0.35 1.90 4.28 6.09
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 8%
5 Years: 20%
3 Years: 29%
TTM: 23%
Compounded Profit Growth
10 Years: 14%
5 Years: 53%
3 Years: 164%
TTM: 51%
Stock Price CAGR
10 Years: %
5 Years: 77%
3 Years: 41%
1 Year: 27%
Return on Equity
10 Years: 1%
5 Years: 16%
3 Years: 19%
Last Year: 21%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 7 7 7 7 19 19 19 19 19 19 19 21
Reserves 26 29 23 13 13 7 9 11 12 15 24 57
9 9 18 18 16 13 11 6 7 6 6 4
19 19 16 23 28 26 20 22 22 29 26 41
Total Liabilities 61 63 64 60 75 65 59 59 60 69 76 123
27 22 17 20 20 34 27 22 17 14 13 21
CWIP 0 8 20 18 17 0 0 0 0 2 3 0
Investments 1 1 1 1 -0 -0 3 3 3 3 3 24
33 32 25 21 38 30 29 34 39 51 58 78
Total Assets 61 63 64 60 75 65 59 59 60 69 76 123

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
7 10 9 4 -3 1 2 11 -1 4 10 25
-2 -8 -12 -5 -3 -1 -1 -3 0 -2 -3 -27
-10 -4 7 -4 11 -4 -3 -4 0 -2 -1 18
Net Cash Flow -5 -2 4 -6 5 -3 -2 3 -1 1 5 15

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 83 73 64 104 140 109 123 89 97 127 79 88
Inventory Days
Days Payable
Cash Conversion Cycle 83 73 64 104 140 109 123 89 97 127 79 88
Working Capital Days 61 53 32 -48 4 -9 66 58 103 119 97 113
ROCE % 33% 11% -14% -21% -8% -7% 8% 16% 6% 14% 24% 28%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
38.10% 37.92% 37.92% 37.82% 37.30% 37.30% 37.23% 37.10% 37.10% 35.79% 35.63% 34.68%
0.06% 0.00% 0.00% 0.00% 0.00% 0.00% 0.19% 0.15% 0.08% 0.00% 1.00% 1.42%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.88% 2.72% 11.08%
61.84% 62.07% 62.07% 62.19% 62.70% 62.70% 62.59% 62.75% 62.82% 61.34% 60.66% 52.82%
No. of Shareholders 3,6343,8104,3174,4844,3085,4465,1306,3627,2576,9487,8939,439

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls