IRIS Regtech Solutions Ltd
Incorporated in 2000, IRIS Regtech Solutions Ltd offers Regtech solutions to regulators and enterprises.[1]
- Market Cap ₹ 517 Cr.
- Current Price ₹ 252
- High / Low ₹ 389 / 203
- Stock P/E 4.55
- Book Value ₹ 97.4
- Dividend Yield 0.00 %
- ROCE 10.2 %
- ROE 81.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 88.8% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 56.1%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 34.6%
- Earnings include an other income of Rs.117 Cr.
* 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
Information Technology Information Technology IT - Software Software Products
Part of BSE Information Technology
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 54 | 32 | 27 | 35 | 40 | 49 | 54 | 56 | 68 | 97 | 104 | 123 | |
| 45 | 36 | 32 | 34 | 40 | 40 | 42 | 49 | 59 | 82 | 86 | 113 | |
| Operating Profit | 9 | -4 | -5 | 1 | 0 | 9 | 12 | 7 | 9 | 14 | 19 | 10 |
| OPM % | 16% | -13% | -17% | 2.3% | 0.1% | 18% | 22% | 12% | 13% | 15% | 18% | 8% |
| 2 | 5 | -0 | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 117 | |
| Interest | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 6 | 5 | 5 | 4 | 4 | 6 | 6 | 5 | 5 | 4 | 2 | 2 |
| Profit before tax | 3 | -6 | -12 | -5 | -5 | 2 | 4 | 1 | 5 | 10 | 18 | 124 |
| Tax % | -3% | 12% | -13% | -8% | 16% | 5% | -12% | 47% | 19% | 14% | 30% | 3% |
| 3 | -7 | -10 | -5 | -5 | 2 | 5 | 1 | 4 | 8 | 12 | 120 | |
| EPS in Rs | 4.87 | -9.67 | -14.43 | -2.59 | -2.87 | 0.80 | 2.51 | 0.35 | 1.90 | 4.28 | 6.09 | 58.44 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 18% |
| 3 Years: | 22% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 89% |
| 3 Years: | 214% |
| TTM: | 878% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 38% |
| 1 Year: | -33% |
| Return on Equity | |
|---|---|
| 10 Years: | 29% |
| 5 Years: | 46% |
| 3 Years: | 56% |
| Last Year: | 82% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 21 | 21 |
| Reserves | 29 | 23 | 13 | 13 | 7 | 9 | 11 | 12 | 15 | 24 | 57 | 180 |
| 9 | 18 | 18 | 16 | 13 | 11 | 6 | 7 | 6 | 6 | 4 | 2 | |
| 19 | 16 | 23 | 28 | 26 | 20 | 22 | 22 | 29 | 26 | 41 | 47 | |
| Total Liabilities | 63 | 64 | 60 | 75 | 65 | 59 | 59 | 60 | 69 | 76 | 123 | 249 |
| 22 | 17 | 20 | 20 | 34 | 27 | 22 | 17 | 14 | 13 | 17 | 19 | |
| CWIP | 8 | 20 | 18 | 17 | 0 | 0 | 0 | 0 | 2 | 3 | 4 | 5 |
| Investments | 1 | 1 | 1 | -0 | -0 | 3 | 3 | 3 | 3 | 3 | 24 | 63 |
| 32 | 25 | 21 | 38 | 30 | 29 | 34 | 39 | 51 | 58 | 78 | 162 | |
| Total Assets | 63 | 64 | 60 | 75 | 65 | 59 | 59 | 60 | 69 | 76 | 123 | 249 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10 | 9 | 4 | -3 | 1 | 2 | 11 | -1 | 4 | 10 | 25 | 101 | |
| -8 | -12 | -5 | -3 | -1 | -1 | -3 | 0 | -2 | -5 | -27 | -116 | |
| -4 | 7 | -4 | 11 | -4 | -3 | -4 | 0 | -2 | -1 | 18 | -3 | |
| Net Cash Flow | -2 | 4 | -6 | 5 | -3 | -2 | 3 | -1 | 1 | 4 | 15 | -18 |
| Free Cash Flow | 9 | 9 | -2 | -6 | 1 | 2 | 10 | -2 | 2 | 6 | 17 | 92 |
| CFO/OP | 134% | -238% | -99% | -237% | 4,940% | 50% | 95% | -27% | 58% | 66% | 149% | 1,299% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 73 | 64 | 104 | 140 | 109 | 123 | 89 | 97 | 127 | 79 | 100 | 75 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 73 | 64 | 104 | 140 | 109 | 123 | 89 | 97 | 127 | 79 | 100 | 75 |
| Working Capital Days | 34 | -6 | -121 | -67 | -64 | 22 | 16 | 61 | 89 | 76 | 43 | 54 |
| ROCE % | 11% | -14% | -21% | -8% | -7% | 8% | 16% | 6% | 14% | 24% | 29% | 10% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Recurring Revenue INR Lakhs |
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| Countries Deployed Count |
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| Order Book INR Lakhs |
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| Regulators Served Count |
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| Total Annual Recurring Revenue (ARR) INR Lakhs |
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| iDEAL ARR (BFSI) INR Lakhs |
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| RegTech ARR (IRIS Carbon) INR Lakhs |
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| SupTech ARR (IRIS iFile) INR Lakhs |
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| R&D Expenditure (Percentage of Turnover) % |
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Extracted by Screener AI
Documents
Announcements
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Board Meeting Intimation for Approving Un-Audited Financial Results For The Quarter Ended June 30, 2026.
2d - Board meets on August 7, 2026 to approve Q1 FY27 standalone and consolidated results; trading window closed.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
28 Jul - IRIS RegTech extended Phase 4 CODI deposit insurance engagement with XDS, South Africa.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
22 Jul - We hereby submit newspaper publication of the Notice of the 26th AGM of the Company and E-voting information.
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Business Responsibility and Sustainability Reporting (BRSR)
21 Jul - 26th AGM on August 14, 2026; book closure August 8-14, annual report FY2025-26 submitted.
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Reg. 34 (1) Annual Report.
21 Jul - 26th AGM on Aug 14, 2026; book closure Aug 8-14; FY26 annual report submitted.
Annual reports
Concalls
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May 2026Transcript PPT REC
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Nov 2025Transcript PPT
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May 2025Transcript PPT
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May 2025TranscriptPPT
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Nov 2024Transcript PPT
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Oct 2024TranscriptAI SummaryPPT
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May 2024Transcript PPT
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Nov 2023Transcript PPT
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Jun 2023Transcript PPT
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Dec 2022TranscriptPPT
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Nov 2022Transcript PPT
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Jun 2022Transcript PPT
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Nov 2021TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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Jun 2021Transcript PPT
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Dec 2020Transcript PPT
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Jul 2020Transcript PPT
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Nov 2019Transcript PPT
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May 2019TranscriptAI SummaryPPT
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Nov 2018TranscriptAI SummaryPPT
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May 2018TranscriptAI SummaryPPT
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Oct 2017TranscriptAI SummaryPPT
Business Overview:[1][2]
IRIS is a listed global RegTech, SupTech and DataTech company with over two decades of expertise in structured data standards such as XBRL and SDMX. Its proprietary platforms, including IRIS iFile, IRIS Carbon, IRIS iDEAL and IRIS Peridot, support regulators, enterprises and financial institutions in data reporting, compliance, validation and analytics.
Through IRIS MSME, the Company also provides digital tools and financial access solutions aimed at promoting financial inclusion and transparency among MSMEs.