Iris Clothings Ltd

₹ 178 -3.26%
18 Aug - close price
About

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.

Key Points

Products
The company has a brand DOREME which offers a wide range of apparels for infants, toddlers, and junior boys and girls that suit both their indoor and outdoor requirements. These apparel include Tops, T-Shirt, Trousers, Shorts, Dresses, Loungewear, Sweatshirts, Hoodies etc. [1]

  • Market Cap 291 Cr.
  • Current Price 178
  • High / Low 259 / 147
  • Stock P/E 28.8
  • Book Value 29.8
  • Dividend Yield 0.00 %
  • ROCE 21.6 %
  • ROE 23.2 %
  • Face Value 10.0

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company might be capitalizing the interest cost

* 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: Textiles Industry: Textiles - Products

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Quarterly Results

Figures in Rs. Crores

Jun 2018 Sep 2018 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
14.84 16.07 18.19 5.65 24.38 28.15 29.72 19.39 34.35 25.04 32.74 23.29
12.05 13.14 15.23 4.79 18.51 23.40 24.41 15.18 27.63 19.84 27.56 19.06
Operating Profit 2.79 2.93 2.96 0.86 5.87 4.75 5.31 4.21 6.72 5.20 5.18 4.23
OPM % 18.80% 18.23% 16.27% 15.22% 24.08% 16.87% 17.87% 21.71% 19.56% 20.77% 15.82% 18.16%
0.01 0.06 0.06 0.06 0.25 0.02 0.02 0.18 0.02 0.03 0.03 0.02
Interest 0.51 0.45 0.79 0.88 0.87 0.69 0.57 0.62 0.59 0.57 0.61 0.61
Depreciation 0.64 0.64 1.25 1.31 1.31 1.34 1.35 1.35 1.44 1.45 1.36 1.31
Profit before tax 1.65 1.90 0.98 -1.27 3.94 2.74 3.41 2.42 4.71 3.21 3.24 2.33
Tax % 28.48% 30.53% 26.53% 0.00% 19.80% 27.37% 38.71% 25.62% 25.90% 25.86% 23.46% 25.32%
Net Profit 1.17 1.32 0.73 -1.27 3.16 1.99 2.09 1.80 3.49 2.38 2.48 1.75
EPS in Rs 0.98 1.10 0.45 -0.78 1.94 1.22 1.28 1.10 2.14 1.46 1.52 1.07

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
0 18 25 53 62 60 87 112 115
0 17 21 44 50 47 70 90 94
Operating Profit 0 1 3 9 11 14 17 21 21
OPM % 6% 13% 17% 18% 23% 19% 19% 18%
0 0 0 0 0 0 0 0 0
Interest 0 0 2 2 2 3 3 2 2
Depreciation 0 0 1 2 2 5 5 6 6
Profit before tax 0 1 1 5 7 6 9 14 13
Tax % 30% 30% 30% 29% 29% 26% 25%
Net Profit 0 1 1 3 5 4 7 10 10
EPS in Rs 0.00 0.61 0.72 3.38 3.10 2.42 4.00 6.22 6.19
Dividend Payout % 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 22%
TTM: 14%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 26%
TTM: 12%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 73%
1 Year: -2%
Return on Equity
10 Years: %
5 Years: %
3 Years: 19%
Last Year: 23%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
0 3 3 3 5 5 16 16
Reserves 0 1 1 7 24 28 23 32
0 12 17 22 21 34 27 33
0 5 8 9 12 16 10 12
Total Liabilities 0 20 29 41 62 82 76 94
0 7 6 15 14 34 31 31
CWIP 0 0 0 0 10 0 0 0
Investments 0 0 0 0 0 0 0 0
0 14 23 26 37 47 45 63
Total Assets 0 20 29 41 62 82 76 94

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
0 0 3 1 5 9 1
0 0 -6 -12 -7 -2 -4
0 0 2 11 2 -7 4
Net Cash Flow 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
Debtor Days 69 79 73 57 70 62 78
Inventory Days 201 324 151 289 445 189 213
Days Payable 74 163 88 131 209 63 68
Cash Conversion Cycle 195 240 136 215 306 189 223
Working Capital Days 108 149 107 127 162 135 154
ROCE % 12% 14% 22% 15% 18% 22%

Shareholding Pattern

Numbers in percentages

Shareholding pattern is currently not available for this company.

Documents