Iris Clothings Ltd.

•

irisclothings.inBSE: -NSE: IRISDOREME

Market Cap₹ 1,111 Cr.

Current Price

High / Low₹ 60 / 26

Stock P/E63.2

Book Value₹ 8

Price to Book4.07

Dividend Yield0.00 %

ROCE17.6 %

ROE14.5 %

Face Value₹ 2

Add ratio to table

ABOUT

AI Sector View

AI GENERATED

Textiles

Hold

This sector relies on indirect export proxies rather than direct textile production data. Exports of goods rose 15.0% YoY (2026-06), the currency is weak at 95.23 (Sep/26), and export prices are 163.50, all of which can help exporters, though terms of trade at 102.30 are below the prior 114 in the snapshot context. FPI flows are modestly positive at INR 256 crore over 3 months to 2026-08-31, so the stance is mildly constructive but confidence is capped due to proxy reliance.

Confidence

50%

View full sector analysis →

PROS

Latest quarter profit grew 52.5% YoY, showing strong momentum
Company has delivered good sales growth of 16.8% CAGR over last 5 years
Company comfortably covers its interest (9.3x coverage)
Company maintains a comfortable, low leverage position

CONS

Operating cash flow has been negative in recent years
Promoter holding has decreased over last 2 years: -9.8pp
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.06x)
Valuation is stretched - P/E of 63.2 is well above its own 5-year median (23.6)
Working capital days have increased from 160 to 209 days

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

TextilesTextileTextile

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	PAGEIND	36184.20	53.40	40359.40	1.52	192.81	-3.98	1420.45	7.89	73.60	20.35
2.	KPRMILL	1170.30	43.85	40002.49	0.43	258.54	21.55	1935.52	14.77	20.16	19.37
3.	WELSPUNLIV	200.05	68.08	18899.77	0.05	162.61	82.09	2795.45	23.66	6.41	11.53
4.	VTL	587.40	20.06	17009.74	0.85	314.56	51.46	2703.08	13.31	8.91	18.11
5.	ARVIND	572.70	37.62	15579.77	0.79	57.77	5.61	2500.96	24.65	15.30	9.64
6.	MANYAVAR	542.70	32.73	13186.43	1.43	66.90	37.31	267.95	22.74	33.92	45.53
7.	PGIL	2358.75	35.11	10895.19	0.61	99.23	51.37	1528.26	24.46	22.42	10.72
8.	SWANCORP	284.90	39.94	8930.39	0.05	-35.99	-233.33	1013.75	-16.44	4.50	-0.38
9.	ICIL	447.65	58.76	8865.90	0.34	63.22	67.28	1206.96	25.89	8.73	11.88
10.	GARFIBRES	814.50	37.86	7953.46	1.10	64.60	21.56	482.37	31.35	20.98	18.70
11.	KUSUMGAR	570.25	60.97	5987.13	0.00	426.47	—	2472.47	—	26.15	30.50
12.	IRISDOREME	58.39	63.24	1111.35	0.00	40.12	1425.48	472.37	1163.06	17.60	17.04

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	2	32	23	42	31	41	33	40	37	44	49	60	472
	2	25	18	35	26	33	27	32	32	37	43	50	419
Operating Profit	1	8	5	7	6	8	6	8	5	7	6	11	80
OPM %	26.24%	23.41%	22.96%	16.79%	18.87%	19.22%	18.09%	20.15%	14.06%	15.86%	12.35%	17.87%	17.04%
Other Income	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest	0	1	1	1	1	1	1	1	1	0	1	1	9
Depreciation	0	1	2	2	2	2	2	1	1	1	1	1	18
	0	5	3	5	3	5	3	6	4	5	4	9	54
Tax %	25.42%	27.52%	28.78%	23.13%	26.22%	26.58%	25.16%	26.80%	27.55%	24.54%	27.47%	27.51%	25.47%
Net Profit	0	4	2	3	2	4	2	4	3	4	3	6	40
	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity Capital	16	16	16	16	16	16	16	16	19	38	38	38	381
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	47	53	62	61	88	112	113	122	146	191	201
	41	44	51	47	71	90	94	96	118	162	172
Operating Profit	5	9	11	14	17	22	20	26	28	29	—
OPM %	12	17	18	23	20	19	17	22	19	15	—
Other Income	0	0	0	0	0	0	0	0	1	0	0
Interest	2	2	2	3	3	2	3	4	4	3	3
Depreciation	1	2	2	5	5	6	5	6	6	5	5
	2	5	7	6	9	14	11	16	18	22	24
Tax %	34	29	29	29	26	25	26	26	26	27	26
Net Profit	2	3	5	4	7	10	8	12	13	16	18
EPS	0	0	0	0	4	6	5	1	2	1	—
Dividend Payout %	0	0	0	0	0	0	0	0	0	0	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	0	0	0	0	0	1	1	1	1	1	—

COMPOUNDED SALES GROWTH

10 Years:: 18%
5 Years:: 17%
3 Years:: 19%

COMPOUNDED PROFIT GROWTH

10 Years:: 38%
5 Years:: 20%
3 Years:: 25%

STOCK PRICE CAGR

10 Years:: —
5 Years:: 28%
3 Years:: 18%
1 Year:: 86%

RETURN ON EQUITY

10 Years:: 22%
5 Years:: 18%
3 Years:: 17%
Last Year:: 14%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
LIABILITIES	-	-	-	-	-	-	-	-	-	-
Equity Capital	3	3	5	5	16	16	16	16	16	38
	4	7	24	28	23	32	41	53	66	104
	12	15	16	20	20	26	28	34	38	20
Trade Payables	7	6	11	14	8	11	17	19	22	25
	9	10	6	15	8	8	6	9	14	16
Total Liabilities	33	41	61	81	75	93	108	132	155	203
ASSETS	-	-	-	-	-	-	-	-	-	-
	11	15	14	34	31	31	27	28	27	33
Capital Work in Progress	1	0	10	0	0	0	0	0	0	7
	9	11	23	31	25	34	45	62	70	76
	0	0	0	0	0	0	0	36	53	72
Cash & Bank	1	2	2	2	2	1	1	2	1	1
	12	13	12	14	17	27	35	4	5	14
Total Assets	33	41	61	81	75	93	108	132	155	203
Total Debt	18	22	21	26	20	26	28	34	38	20
Net Working Capital	-1	1	7	9	13	22	34	48	64	109
Contingent Liabilities	1	1	1	1	1	2	2	1	1	1
Book Value per Share	23.90	36.05	61.32	69.01	23.80	29.85	34.91	8.48	10.09	7.45
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	2.00	2.00	2.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	7	3	1	5	9	1	2	2	3	-7
Cash from Investing	-8	-6	-12	-7	-2	-5	-2	-3	0	-14
Cash from Financing	1	2	11	2	-7	4	-0	1	-3	21
	0	-0	-0	-0	0	-0	-0	0	0	0
Free Cash Flow	-1	-2	-11	-10	6	-4	1	-5	-3	-24
OCF / Net Profit	4.17	1.00	0.21	1.35	1.38	0.09	0.25	0.14	0.19	-0.41
Cumulative 5-Year FCF	0	0	0	0	-17	-19	-17	-11	-5	-35

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
PER SHARE
EPS (₹)	5.93	11.78	10.85	8.45	4.00	6.22	5.06	1.50	1.61	0.85
Book Value (₹)	23.90	36.05	61.32	69.01	23.80	29.85	34.91	8.48	10.09	7.45
Dividend per Share (₹)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash EPS (₹)	0.29	0.53	0.46	0.55	0.73	0.97	0.83	1.12	1.19	1.10
PROFITABILITY
Operating Margin %	11.63%	17.03%	18.27%	22.75%	19.50%	19.33%	17.26%	21.57%	19.03%	15.26%
Net Margin %	3.41%	6.26%	8.15%	6.49%	7.43%	9.10%	7.31%	10.02%	8.98%	8.48%
ROE %	28.37%	39.97%	26.13%	12.97%	18.41%	23.19%	15.64%	19.37%	17.33%	14.45%
ROCE %	19.45%	25.05%	21.81%	16.28%	20.12%	23.94%	17.80%	21.52%	19.71%	17.60%
	5.27%	8.88%	9.86%	5.52%	8.33%	12.04%	8.19%	10.16%	9.13%	9.04%
EFFICIENCY
Debtor Days	62	66	59	63	55	63	89	101	112	120
Inventory Days	70	68	101	162	116	97	127	160	164	139
Payable Days	86	90	105	181	86	61	81	114	98	74
	46	44	55	45	86	99	135	147	178	185
FINANCIAL HEALTH
Debt to Equity (x)	2.81x	2.20x	0.74x	0.82x	0.52x	0.52x	0.50x	0.50x	0.46x	0.14x
Interest Coverage (x)	2.29x	2.92x	4.77x	2.70x	3.92x	6.69x	4.74x	5.29x	5.24x	9.29x
	0.97x	1.05x	1.25x	1.23x	1.43x	1.58x	1.73x	1.86x	2.01x	3.17x
GROWTH
Revenue Growth %	28.19%	13.26%	17.36%	-2.10%	44.70%	26.88%	1.33%	7.89%	19.82%	30.65%
Operating Profit Growth %	30.98%	65.34%	25.87%	21.94%	24.01%	25.78%	-9.53%	35.49%	7.14%	3.97%
Net Profit Growth %	147.22%	107.20%	52.80%	-22.09%	65.80%	55.32%	-18.61%	47.86%	7.46%	23.40%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-70.43%	7.45%	-47.12%
VALUATION
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	23.59x	13.57x	35.59x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	8.33x	4.33x	4.07x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	24.05x	13.87x	20.22x

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	70.94	70.94	70.94	70.94	61.17	61.17	61.17	61.17	61.17
	0.00	0.04	0.02	0.00	0.02	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.91	0.88	0.88	0.79	0.74
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	29.06	29.02	29.04	29.06	37.90	37.95	37.95	38.03	38.09

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-08-29

Copy of Newspaper Publication

2026-08-29 - Iris Clothings Limited has informed the Exchange about Copy of Newspaper Publication

2026-08-28

Shareholders meeting

2026-08-28 - Iris Clothings Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 21, 2026

2026-08-25

Updates

2026-08-25 - Iris Clothings Limited has informed the Exchange regarding 'Receipt of In-principle approval for issue of Equity Shares on Preferential basis under Regulation 28(1) of SEBI (LODR) Regulations, 2015'.

2026-08-03

Shareholders meeting

2026-08-03 - Iris Clothings Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on August 03, 2026. Further, the company has informed the Exchange regarding voting results.

2026-08-03

Shareholders meeting

2026-08-03 - Iris Clothings Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on August 03, 2026

2026-08-01

Copy of Newspaper Publication

2026-08-01 - Newspaper Publication of the Notice to Shareholders regarding updation of email id's for dispatch of Annual Report for the FY 2025-26.

2026-07-30

Analysts/Institutional Investor Meet/Con. Call Updates

2026-07-30 - Iris Clothings Limited has informed the Exchange about Transcript

2026-07-28

Copy of Newspaper Publication

2026-07-28 - Iris Clothings Limited has informed the Exchange about Copy of Newspaper Publication

2026-07-28

Analysts/Institutional Investor Meet/Con. Call Updates

2026-07-28 - Iris Clothings Limited has informed the Exchange about Link of Recording

News

Recent coverage and analyst commentary for IRISDOREME

Loading news…

🤖

AI Stock Analyst

Iris Clothings Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

PAGEIND

36184.20

53.40

40359.40

1.52

192.81

-3.98

1420.45

7.89

73.60

20.35

KPRMILL

1170.30

43.85

40002.49

0.43

258.54

21.55

1935.52

14.77

20.16

19.37

WELSPUNLIV

200.05

68.08

18899.77

0.05

162.61

82.09

2795.45

23.66

6.41

11.53

VTL

587.40

20.06

17009.74

0.85

314.56

51.46

2703.08

13.31

8.91

18.11

ARVIND

572.70

37.62

15579.77

0.79

57.77

5.61

2500.96

24.65

15.30

9.64

MANYAVAR

542.70

32.73

13186.43

1.43

66.90

37.31

267.95

22.74

33.92

45.53

PGIL

2358.75

35.11

10895.19

0.61

99.23

51.37

1528.26

24.46

22.42

10.72

SWANCORP

284.90

39.94

8930.39

0.05

-35.99

-233.33

1013.75

-16.44

4.50

-0.38

ICIL

447.65

58.76

8865.90

0.34

63.22

67.28

1206.96

25.89

8.73

11.88

GARFIBRES

814.50

37.86

7953.46

1.10

64.60

21.56

482.37

31.35

20.98

18.70

KUSUMGAR

570.25

60.97

5987.13

0.00

426.47

—

2472.47

—

26.15

30.50

IRISDOREME

58.39

63.24

1111.35

0.00

40.12

1425.48

472.37

1163.06

17.60

17.04

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

472

419

Operating Profit

OPM %

26.24%

23.41%

22.96%

16.79%

18.87%

19.22%

18.09%

20.15%

14.06%

15.86%

12.35%

17.87%

17.04%

Other Income

Interest

Depreciation

Tax %

25.42%

27.52%

28.78%

23.13%

26.22%

26.58%

25.16%

26.80%

27.55%

24.54%

27.47%

27.51%

25.47%

Net Profit

Equity Capital

381

Reserves

Promoter Pledge %

0.00%

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

TTM

112

113

122

146

191

201

118

162

172

Operating Profit

—

OPM %

—

Other Income

Interest

Depreciation

Tax %

Net Profit

EPS

—

Dividend Payout %

—

Minority Interest

Share of Associates

Adjusted EPS

—

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

LIABILITIES

Equity Capital

104

Trade Payables

Total Liabilities

108

132

155

203

ASSETS

Capital Work in Progress

Cash & Bank

Total Assets

108

132

155

203

Total Debt

Net Working Capital

-1

109

Contingent Liabilities

Book Value per Share

23.90

36.05

61.32

69.01

23.80

29.85

34.91

8.48

10.09

7.45

Face Value

10.00

2.00

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

-7

Cash from Investing

-8

-6

-12

-7

-2

-5

-2

-3

-14

Cash from Financing

-7

-0

-3

-0

Free Cash Flow

-1

-2

-11

-10

-4

-5

-3

-24

OCF / Net Profit

4.17

1.00

0.21

1.35

1.38

0.09

0.25

0.14

0.19

-0.41

Cumulative 5-Year FCF

-17

-19

-17

-11

-5

-35

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

PER SHARE

EPS (₹)

5.93

11.78

10.85

8.45

4.00

6.22

5.06

1.50

1.61

0.85

Book Value (₹)

23.90

36.05

61.32

69.01

23.80

29.85

34.91

8.48

10.09

7.45

Dividend per Share (₹)

0.00

Cash EPS (₹)

0.29

0.53

0.46

0.55

0.73

0.97

0.83

1.12

1.19

1.10

PROFITABILITY

Operating Margin %

11.63%

17.03%

18.27%

22.75%

19.50%

19.33%

17.26%

21.57%

19.03%

15.26%

Net Margin %

3.41%

6.26%

8.15%

6.49%

7.43%

9.10%

7.31%

10.02%

8.98%

8.48%

ROE %

28.37%

39.97%

26.13%

12.97%

18.41%

23.19%

15.64%

19.37%

17.33%

14.45%

ROCE %

19.45%

25.05%

21.81%

16.28%

20.12%

23.94%

17.80%

21.52%

19.71%

17.60%

5.27%

8.88%

9.86%

5.52%

8.33%

12.04%

8.19%

10.16%

9.13%

9.04%

EFFICIENCY

Debtor Days

101

112

120

Inventory Days

101

162

116

127

160

164

139

Payable Days

105

181

114

135

147

178

185

FINANCIAL HEALTH

Debt to Equity (x)

2.81x

2.20x

0.74x

0.82x

0.52x

0.50x

0.46x

0.14x

Interest Coverage (x)

2.29x

2.92x

4.77x

2.70x

3.92x

6.69x

4.74x

5.29x

5.24x

9.29x

0.97x

1.05x

1.25x

1.23x

1.43x

1.58x

1.73x

1.86x

2.01x

3.17x

GROWTH

Revenue Growth %

28.19%

13.26%

17.36%

-2.10%

44.70%

26.88%

1.33%

7.89%

19.82%

30.65%

Operating Profit Growth %

30.98%

65.34%

25.87%

21.94%

24.01%

25.78%

-9.53%

35.49%

7.14%

3.97%

Net Profit Growth %

147.22%

107.20%

52.80%

-22.09%

65.80%

55.32%

-18.61%

47.86%

7.46%

23.40%

0.00%

-70.43%

7.45%

-47.12%

VALUATION

P/E (x)

0.00x

23.59x

13.57x

35.59x

P/B (x)

0.00x

8.33x

4.33x

4.07x

Dividend Yield %

0.00%

0.00x

24.05x

13.87x

20.22x

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

70.94

61.17

0.00

0.04

0.02

0.00

0.02

0.00

0.91

0.88

0.79

0.74

Government

0.00

29.06

29.02

29.04

29.06

37.90

37.95

38.03

38.09

Iris Clothings Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Iris Clothings Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI