IRIS Regtech Solutions Ltd
Incorporated in 2000, IRIS Regtech Solutions Ltd offers Regtech solutions to regulators and enterprises.[1]
- Market Cap ₹ 502 Cr.
- Current Price ₹ 244
- High / Low ₹ 389 / 203
- Stock P/E 39.1
- Book Value ₹ 97.6
- Dividend Yield 0.00 %
- ROCE 10.6 %
- ROE 89.5 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 97.3% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 62.1%
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.123 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 55 | 32 | 27 | 35 | 40 | 51 | 57 | 61 | 74 | 102 | 110 | 128 | 136 | |
| 46 | 37 | 32 | 35 | 41 | 43 | 46 | 54 | 64 | 87 | 91 | 118 | 128 | |
| Operating Profit | 8 | -5 | -5 | 0 | -1 | 8 | 11 | 7 | 10 | 15 | 19 | 10 | 8 |
| OPM % | 15% | -16% | -19% | 0.8% | -1.9% | 15% | 20% | 12% | 13% | 15% | 17% | 8% | 6% |
| 2 | 5 | -0 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 122 | 123 | |
| Interest | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 6 | 5 | 5 | 4 | 4 | 6 | 6 | 5 | 5 | 5 | 2 | 2 | 3 |
| Profit before tax | 3 | -7 | -12 | -6 | -5 | 1 | 4 | 2 | 5 | 10 | 19 | 130 | 128 |
| Tax % | -1% | 12% | -13% | -8% | 14% | 15% | -14% | 39% | 18% | 14% | 29% | 2% | |
| 3 | -8 | -11 | -5 | -6 | 0 | 4 | 1 | 4 | 9 | 13 | 127 | 125 | |
| EPS in Rs | 4.27 | -10.85 | -15.28 | -2.74 | -3.24 | 0.25 | 2.19 | 0.52 | 2.21 | 4.49 | 6.34 | 61.50 | 60.97 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 18% |
| 3 Years: | 20% |
| TTM: | 19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 97% |
| 3 Years: | 207% |
| TTM: | 18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 33% |
| 1 Year: | -26% |
| Return on Equity | |
|---|---|
| 10 Years: | 32% |
| 5 Years: | 52% |
| 3 Years: | 62% |
| Last Year: | 90% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 28 | 21 | 12 | 11 | 5 | 6 | 7 | 8 | 12 | 22 | 55 | 180 |
| 9 | 18 | 18 | 16 | 13 | 11 | 6 | 7 | 6 | 6 | 4 | 2 | |
| 19 | 17 | 23 | 27 | 26 | 22 | 26 | 26 | 33 | 29 | 45 | 50 | |
| Total Liabilities | 63 | 63 | 60 | 73 | 63 | 57 | 58 | 60 | 70 | 77 | 125 | 253 |
| 22 | 17 | 20 | 19 | 33 | 27 | 22 | 17 | 14 | 13 | 17 | 19 | |
| CWIP | 8 | 20 | 18 | 17 | 0 | 0 | 0 | 0 | 2 | 3 | 4 | 5 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21 | 60 |
| 33 | 25 | 22 | 37 | 31 | 30 | 36 | 43 | 55 | 61 | 83 | 169 | |
| Total Assets | 63 | 63 | 60 | 73 | 63 | 57 | 58 | 60 | 70 | 77 | 125 | 253 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 8 | 8 | 4 | -3 | 1 | 2 | 12 | -0 | 6 | 12 | 27 | 105 | |
| -7 | -11 | -5 | -3 | -0 | -0 | -3 | -0 | -2 | -5 | -27 | -119 | |
| -4 | 7 | -4 | 11 | -4 | -3 | -4 | 0 | -2 | -1 | 18 | -3 | |
| Net Cash Flow | -2 | 4 | -6 | 5 | -3 | -2 | 4 | -0 | 2 | 6 | 18 | -17 |
| Free Cash Flow | 8 | 7 | -2 | -6 | 0 | 1 | 11 | -2 | 3 | 8 | 20 | 97 |
| CFO/OP | 124% | -177% | -60% | -721% | -251% | 48% | 111% | -18% | 74% | 78% | 163% | 1,306% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 75 | 64 | 103 | 139 | 109 | 125 | 84 | 93 | 123 | 80 | 98 | 78 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 75 | 64 | 103 | 139 | 109 | 125 | 84 | 93 | 123 | 80 | 98 | 78 |
| Working Capital Days | 67 | 44 | -122 | -70 | -67 | 16 | -2 | 38 | 62 | 52 | 15 | 32 |
| ROCE % | 10% | -16% | -23% | -9% | -9% | 6% | 16% | 8% | 17% | 27% | 30% | 11% |
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) % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
- IRIS Regtech incorporated wholly owned subsidiary IRIS Gulf Regulatory Technology L.L.C. in UAE on August 20, 2026.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
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Shareholder Meeting / Postal Ballot-Outcome of AGM
- IRIS RegTech held its 26th AGM on August 14, 2026; financials adopted, two WTD reappointments approved.
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Announcement under Regulation 30 (LODR)-Credit Rating
- ICRA reaffirmed BBB Stable and upgraded short-term rating to A2 for Rs.18.08 crore bank facilities.
Annual reports
Concalls
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May 2026Transcript PPT REC
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Oct 2024TranscriptAI SummaryPPT
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Dec 2022TranscriptPPT
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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.