IRIS Business Services Ltd
Incorporated in 2000, IRIS Business Services
Ltd offers Regtech solutions to regulators and enterprises[1]
- Market Cap ₹ 525 Cr.
- Current Price ₹ 256
- High / Low ₹ 577 / 198
- Stock P/E 40.3
- Book Value ₹ 36.8
- Dividend Yield 0.00 %
- ROCE 30.2 %
- ROE 22.3 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 94.3% CAGR over last 5 years
Cons
- Stock is trading at 7.02 times its book value
- 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.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
68 | 55 | 32 | 27 | 35 | 40 | 51 | 57 | 61 | 74 | 102 | 126 | |
50 | 46 | 37 | 32 | 35 | 41 | 43 | 46 | 54 | 64 | 87 | 107 | |
Operating Profit | 18 | 8 | -5 | -5 | 0 | -1 | 8 | 11 | 7 | 10 | 15 | 19 |
OPM % | 26% | 15% | -16% | -19% | 1% | -2% | 15% | 20% | 12% | 13% | 15% | 15% |
1 | 2 | 5 | -0 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 3 | |
Interest | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
Depreciation | 4 | 6 | 5 | 5 | 4 | 4 | 6 | 6 | 5 | 5 | 5 | 2 |
Profit before tax | 13 | 3 | -7 | -12 | -6 | -5 | 1 | 4 | 2 | 5 | 10 | 19 |
Tax % | 29% | -1% | 12% | -13% | -8% | 14% | 15% | -14% | 39% | 18% | 14% | 29% |
9 | 3 | -8 | -11 | -5 | -6 | 0 | 4 | 1 | 4 | 9 | 13 | |
EPS in Rs | 12.81 | 4.27 | -10.85 | -15.28 | -2.74 | -3.24 | 0.25 | 2.19 | 0.52 | 2.21 | 4.49 | 6.34 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 20% |
3 Years: | 27% |
TTM: | 23% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 94% |
3 Years: | 135% |
TTM: | 50% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 79% |
3 Years: | 43% |
1 Year: | 41% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | 18% |
3 Years: | 21% |
Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 28 | 21 | 12 | 11 | 5 | 6 | 7 | 8 | 12 | 22 | 55 |
9 | 9 | 18 | 18 | 16 | 13 | 11 | 6 | 7 | 6 | 6 | 4 | |
19 | 19 | 17 | 23 | 27 | 26 | 22 | 26 | 26 | 33 | 29 | 45 | |
Total Liabilities | 61 | 63 | 63 | 60 | 73 | 63 | 57 | 58 | 60 | 70 | 77 | 125 |
27 | 22 | 17 | 20 | 19 | 33 | 27 | 22 | 17 | 14 | 13 | 21 | |
CWIP | 0 | 8 | 20 | 18 | 17 | 0 | 0 | 0 | 0 | 2 | 3 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21 |
34 | 33 | 25 | 22 | 37 | 31 | 30 | 36 | 43 | 55 | 61 | 83 | |
Total Assets | 61 | 63 | 63 | 60 | 73 | 63 | 57 | 58 | 60 | 70 | 77 | 125 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 8 | 8 | 4 | -3 | 1 | 2 | 12 | -0 | 6 | 12 | 28 | |
-3 | -7 | -11 | -5 | -3 | -0 | -0 | -3 | -0 | -2 | -3 | -27 | |
-8 | -4 | 7 | -4 | 11 | -4 | -3 | -4 | 0 | -2 | -1 | 17 | |
Net Cash Flow | -5 | -2 | 4 | -6 | 5 | -3 | -2 | 4 | -0 | 2 | 7 | 18 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 85 | 75 | 64 | 103 | 139 | 109 | 125 | 84 | 93 | 123 | 80 | 86 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 85 | 75 | 64 | 103 | 139 | 109 | 125 | 84 | 93 | 123 | 80 | 86 |
Working Capital Days | 64 | 67 | 44 | -50 | 0 | -13 | 58 | 37 | 77 | 90 | 72 | 85 |
ROCE % | 36% | 10% | -16% | -23% | -9% | -9% | 6% | 16% | 8% | 17% | 27% | 30% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 May - Newspaper publication of Audited Financial Results of the Company for the Quarter and year ended March 31, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
15 May - Audio recording of Q4 and FY25 earnings call available on company website.
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Announcement under Regulation 30 (LODR)-Investor Presentation
15 May - Will be made by the Company on Thursday, May 15, 2025.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
15 May - IRIS FY25 revenue up 25%, profit up 51% YoY; strong growth across segments and regions.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
14 May - Submission of Annual Secretarial Compliance Report for FY ended March 31, 2025.
Annual reports
Concalls
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May 2025Transcript PPT
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Nov 2024Transcript PPT
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Oct 2024TranscriptNotesPPT
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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 2021TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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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 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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Oct 2017TranscriptNotesPPT
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