IRIS Business Services Ltd
Incorporated in 2000, IRIS Business Services
Ltd offers Regtech solutions to regulators and enterprises[1]
- Market Cap ₹ 532 Cr.
- Current Price ₹ 275
- High / Low ₹ 287 / 88.0
- Stock P/E 61.3
- Book Value ₹ 21.2
- Dividend Yield 0.00 %
- ROCE 26.8 %
- ROE 24.0 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 27.9% CAGR over last 5 years
Cons
- Stock is trading at 13.0 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
* 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 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
62 | 68 | 55 | 32 | 27 | 35 | 40 | 51 | 57 | 61 | 74 | 102 | |
45 | 50 | 46 | 37 | 32 | 35 | 41 | 43 | 46 | 54 | 64 | 87 | |
Operating Profit | 18 | 18 | 8 | -5 | -5 | 0 | -1 | 8 | 11 | 7 | 10 | 15 |
OPM % | 28% | 26% | 15% | -16% | -19% | 1% | -2% | 15% | 20% | 12% | 13% | 15% |
-2 | 1 | 2 | 5 | -0 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | |
Interest | 1 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 |
Depreciation | 4 | 4 | 6 | 5 | 5 | 4 | 4 | 6 | 6 | 5 | 5 | 5 |
Profit before tax | 10 | 13 | 3 | -7 | -12 | -6 | -5 | 1 | 4 | 2 | 5 | 10 |
Tax % | 26% | 29% | -1% | 12% | -13% | -8% | 14% | 15% | -14% | 39% | 18% | 14% |
7 | 9 | 3 | -8 | -11 | -5 | -6 | 0 | 4 | 1 | 4 | 9 | |
EPS in Rs | 10.23 | 12.81 | 4.27 | -10.85 | -15.28 | -2.74 | -3.24 | 0.25 | 2.19 | 0.52 | 2.21 | 4.49 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 21% |
3 Years: | 21% |
TTM: | 39% |
Compounded Profit Growth | |
---|---|
10 Years: | 0% |
5 Years: | 28% |
3 Years: | 28% |
TTM: | 104% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 72% |
3 Years: | 38% |
1 Year: | 164% |
Return on Equity | |
---|---|
10 Years: | -3% |
5 Years: | 13% |
3 Years: | 15% |
Last Year: | 24% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 7 | 7 | 7 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
Reserves | 17 | 26 | 28 | 21 | 12 | 11 | 5 | 6 | 7 | 8 | 12 | 22 |
15 | 9 | 9 | 18 | 18 | 16 | 13 | 11 | 6 | 7 | 6 | 6 | |
18 | 19 | 19 | 17 | 23 | 27 | 26 | 22 | 26 | 26 | 33 | 29 | |
Total Liabilities | 57 | 61 | 63 | 63 | 60 | 73 | 63 | 57 | 58 | 60 | 70 | 77 |
20 | 27 | 22 | 17 | 20 | 19 | 33 | 27 | 22 | 17 | 14 | 13 | |
CWIP | 8 | 0 | 8 | 20 | 18 | 17 | 0 | 0 | 0 | 0 | 2 | 3 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
28 | 34 | 33 | 25 | 22 | 37 | 31 | 30 | 36 | 43 | 55 | 61 | |
Total Assets | 57 | 61 | 63 | 63 | 60 | 73 | 63 | 57 | 58 | 60 | 70 | 77 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
20 | 5 | 8 | 8 | 4 | -3 | 1 | 2 | 12 | -0 | 6 | 12 | |
-20 | -3 | -7 | -11 | -5 | -3 | -0 | -0 | -3 | -0 | -2 | -3 | |
8 | -8 | -4 | 7 | -4 | 11 | -4 | -3 | -4 | 0 | -2 | -1 | |
Net Cash Flow | 8 | -5 | -2 | 4 | -6 | 5 | -3 | -2 | 4 | -0 | 2 | 7 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 56 | 85 | 75 | 64 | 103 | 139 | 109 | 125 | 84 | 93 | 123 | 80 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 56 | 85 | 75 | 64 | 103 | 139 | 109 | 125 | 84 | 93 | 123 | 80 |
Working Capital Days | 4 | 64 | 67 | 44 | -50 | 0 | -13 | 58 | 37 | 77 | 90 | 72 |
ROCE % | 36% | 10% | -16% | -23% | -9% | -9% | 6% | 16% | 8% | 17% | 27% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Notice published in the Newspaper regarding e-voting information for the 24th Annual General Meeting.
- Intimation Of Annual General Meeting Scheduled To Be Held On August 14, 2024 2d
- Reg. 34 (1) Annual Report. 2d
- We Hereby Submit The Intimation Of Book Closure For The Purpose Of The Annual General Meeting 2d
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Announcement under Regulation 30 (LODR)-Newspaper Publication
18 Jul - Notice of the Annual General Meeting of the Company published in the Newspaper.
Annual reports
Concalls
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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