Iris Clothings Ltd
IRIS Clothings Limited, incorporated in 1956, is engaged in designing, manufacturing, branding and selling garments for kids. [1]Iris Clothings Limited is a fast-growing readymade garment company and is engaged in designing, manufacturing, branding and selling garments for kids wear under the brand name DOREME in India. It produces a broad range of unique apparels for infants, toddlers and junior boys and girls.
- Market Cap ₹ 580 Cr.
- Current Price ₹ 30.5
- High / Low ₹ 39.5 / 20.7
- Stock P/E 40.8
- Book Value ₹ 6.95
- Dividend Yield 0.00 %
- ROCE 17.9 %
- ROE 17.3 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last 3 years: -9.54%
* 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
Consumer Discretionary Textiles Textiles & Apparels Garments & Apparels
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2012 8m | Mar 2013 | Mar 2014 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 18 | 25 | 53 | 62 | 60 | 87 | 110 | 112 | 120 | 144 | 171 | |
| 0 | 17 | 21 | 44 | 50 | 47 | 70 | 89 | 92 | 94 | 116 | 144 | |
| Operating Profit | 0 | 1 | 3 | 9 | 11 | 14 | 17 | 21 | 19 | 26 | 28 | 26 |
| OPM % | 6% | 13% | 17% | 18% | 23% | 19% | 19% | 17% | 22% | 19% | 15% | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 2 | 2 | 2 | 3 | 3 | 2 | 3 | 4 | 4 | 3 |
| Depreciation | 0 | 0 | 1 | 2 | 2 | 5 | 5 | 6 | 5 | 6 | 6 | 4 |
| Profit before tax | 0 | 1 | 1 | 5 | 7 | 6 | 9 | 14 | 11 | 16 | 18 | 19 |
| Tax % | 30% | 30% | 30% | 29% | 29% | 26% | 25% | 26% | 26% | 26% | ||
| 0 | 1 | 1 | 3 | 5 | 4 | 7 | 10 | 8 | 12 | 13 | 14 | |
| EPS in Rs | 0.05 | 0.06 | 0.29 | 0.27 | 0.21 | 0.34 | 0.53 | 0.43 | 0.64 | 0.69 | 0.76 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 9% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 9% |
| TTM: | 17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 2% |
| 1 Year: | 26% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 18% |
| Last Year: | 17% |
Balance Sheet
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.02 | 3 | 3 | 3 | 5 | 5 | 16 | 16 | 16 | 16 | 16 | 38 |
| Reserves | 0 | 1 | 1 | 7 | 24 | 28 | 23 | 32 | 41 | 53 | 66 | 94 |
| 0 | 12 | 17 | 22 | 21 | 34 | 27 | 33 | 35 | 44 | 50 | 27 | |
| 0 | 5 | 8 | 9 | 12 | 16 | 10 | 12 | 17 | 20 | 24 | 21 | |
| Total Liabilities | 0 | 20 | 29 | 41 | 62 | 82 | 76 | 94 | 109 | 133 | 157 | 180 |
| 0 | 7 | 6 | 15 | 14 | 34 | 31 | 31 | 27 | 28 | 27 | 30 | |
| CWIP | 0 | 0 | 0 | 0 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 14 | 23 | 26 | 37 | 47 | 45 | 63 | 82 | 105 | 130 | 150 | |
| Total Assets | 0 | 20 | 29 | 41 | 62 | 82 | 76 | 94 | 109 | 133 | 157 | 180 |
Cash Flows
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 3 | 1 | 5 | 9 | 1 | 2 | 2 | 3 | ||
| 0 | 0 | -6 | -12 | -7 | -2 | -4 | -1 | -3 | 0 | ||
| 0 | 0 | 2 | 11 | 2 | -7 | 4 | -1 | 1 | -3 | ||
| Net Cash Flow | 0 | 0 | -0 | -0 | -0 | 0 | -0 | -0 | 0 | 0 |
Ratios
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 69 | 79 | 73 | 57 | 70 | 62 | 79 | 102 | 110 | 134 | |
| Inventory Days | 201 | 324 | 151 | 289 | 445 | 189 | 213 | 266 | 392 | 332 | |
| Days Payable | 74 | 163 | 88 | 131 | 209 | 63 | 68 | 99 | 122 | 112 | |
| Cash Conversion Cycle | 195 | 240 | 136 | 215 | 306 | 189 | 224 | 269 | 380 | 355 | |
| Working Capital Days | 39 | 74 | 5 | 31 | 38 | 49 | 70 | 106 | 140 | 159 | |
| ROCE % | 12% | 14% | 22% | 15% | 18% | 22% | 16% | 20% | 18% |
Insights
In beta| Mar 2004 | Mar 2013 | Mar 2014 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Jun 2025 | |
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Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
28 February 2026 - Analyst/institutional meetings on March 9, 2026 at Bharat Charm; virtual one-on-one/group.
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Press Release
20 February 2026 - Iris Clothings launches D2C digital platform on Feb 20, 2026 to strengthen omnichannel, customer engagement, and growth.
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Analysts/Institutional Investor Meet/Con. Call Updates
5 February 2026 - Q3 FY2026 transcript: revenue Rs.487m (+46% YoY), Q3 PAT Rs.30.1m; guidance 40-45% growth.
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Shareholders meeting
4 February 2026 - EGM approved Sanjay Jain appointment and Santosh, Geeta Ladha reappointments (terms Nov 6,2025; Jul 30,2026); passed unanimously.
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Copy of Newspaper Publication
4 February 2026 - Iris Clothings Q3/9M Dec-31,2025: Total income Rs13,046.98L (9M), profit Rs975.90L; board approved Feb 2, 2026.
Annual reports
Concalls
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT
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Nov 2025TranscriptAI SummaryPPT
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May 2024TranscriptAI SummaryPPT
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Jan 2022TranscriptAI SummaryPPT
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Oct 2021TranscriptAI SummaryPPT
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Oct 2021TranscriptAI SummaryPPT
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Oct 2021TranscriptAI SummaryPPT
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Oct 2021TranscriptAI SummaryPPT
Business Profile[1]
Founded in 1956, Iris Clothings Limited is a kids' apparel company that designs, manufactures, and markets ready-made garments under the "DOREME" brand. Catering to infants, toddlers, and junior boys and girls, they offer affordable, high-quality indoor and outdoor clothing for domestic and international markets.