IRIS RegTech Solutions Ltd.
•2026-08-21
PROS
- Company has delivered good profit growth of 27.9% CAGR over last 5 years
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 23.9%
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 3.94x)
- Company has delivered good sales growth of 17.6% CAGR over last 5 years
- Company has consistently been profitable over the last 5 years
CONS
- A large part of profit comes from other income (56.6% of PBT)
- Promoter holding has decreased over last 2 years: -2.5pp
- Working capital days have increased from 201 to 331 days
- Operating margins have contracted to 7.9% from 14.9%
- Though reporting repeated profits, the company pays out little dividend (0.0%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | TCS | 2287.00 | 16.62 | 827456.62 | 4.81 | 13420.00 | 4.69 | 72275.00 | 13.93 | 66.25 | 25.67 |
| 2. | INFY | 1117.05 | 14.97 | 453305.21 | 4.30 | 7775.00 | 12.29 | 48211.00 | 14.03 | 42.84 | 23.66 |
| 3. | HCLTECH | 1322.50 | 20.60 | 358882.21 | 4.08 | 4626.00 | 20.34 | 34579.00 | 13.94 | 31.20 | 19.87 |
| 4. | WIPRO | 179.50 | 13.45 | 177780.78 | 6.13 | 3356.30 | 0.59 | 24478.60 | 10.59 | 18.49 | 18.93 |
| 5. | TECHM | 1582.20 | 30.20 | 155076.76 | 3.22 | 1486.30 | 31.67 | 15711.90 | 17.68 | 23.04 | 17.43 |
| 6. | LTM | 4535.00 | 25.72 | 134517.77 | 1.65 | 1468.60 | 17.06 | 11608.00 | 17.96 | 30.25 | 17.75 |
| 7. | OFSS | 11720.00 | 29.90 | 102061.42 | 3.41 | 1415.50 | 120.52 | 3125.20 | 68.73 | 45.50 | 60.04 |
| 8. | PERSISTENT | 5510.00 | 45.20 | 86920.25 | 0.73 | 483.04 | 13.67 | 4303.23 | 29.09 | 35.09 | 16.19 |
| 9. | COFORGE | 1815.00 | 45.76 | 80390.07 | 0.87 | 531.70 | 49.19 | 5527.70 | 49.86 | 24.70 | 19.14 |
| 10. | MPHASIS | 2420.00 | 24.18 | 46192.17 | 2.56 | 489.51 | 10.82 | 4384.05 | 17.46 | 23.31 | 18.15 |
| 11. | LTTS | 3538.70 | 28.44 | 37537.66 | 1.64 | 3571.00 | 1029.71 | 29401.00 | 1014.73 | 27.70 | 18.65 |
| 12. | IRIS | 246.10 | 4.04 | 506.18 | 0.00 | -0.97 | -533.48 | 32.75 | 9.69 | 12.63 | -5.08 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21 | 24 | 27 | 30 | 28 | 27 | 29 | 30 | 30 | 29 | 36 | 39 | 33 | |
| 18 | 21 | 24 | 24 | 24 | 22 | 24 | 24 | 30 | 28 | 31 | 34 | 36 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 3 | 3 | 2 | 2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| 1 | 2 | 2 | 5 | 4 | 5 | 5 | 6 | 0 | 2 | 7 | 7 | -1 | |
| Tax % | 19.83% | 16.97% | 14.90% | 11.28% | 20.44% | 21.95% | 28.05% | 40.49% | 31.25% | 12.38% | 25.49% | 7.12% | -1.89% |
| Net Profit | 0 | 0 | 0 | 0 | 3 | 4 | 4 | 3 | 0 | 1,168 | 5 | 4 | -1 |
| 0 | 1 | 1 | 2 | 1 | 2 | 2 | 2 | 0 | 1 | 3 | 3 | -0 | |
| Equity Capital | 19 | 19 | 19 | 19 | 19 | 20 | 20 | 21 | 21 | 21 | 21 | 21 | 21 |
| 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% |
| Equity Capital | 19 | 19 | 19 | 19 | 19 | 20 | 20 | 21 | 21 | 21 | 21 | 21 | 21 |
| 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% |
- 21
- 18
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 19.83%
- Net Profit
- 0
- 0
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 24
- 21
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 2
- Tax %
- 16.97%
- Net Profit
- 0
- 1
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 27
- 24
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 2
- Tax %
- 14.90%
- Net Profit
- 0
- 1
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 30
- 24
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 5
- Tax %
- 11.28%
- Net Profit
- 0
- 2
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 28
- 24
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 4
- Tax %
- 20.44%
- Net Profit
- 3
- 1
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 27
- 22
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 5
- Tax %
- 21.95%
- Net Profit
- 4
- 2
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 29
- 24
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 5
- Tax %
- 28.05%
- Net Profit
- 4
- 2
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 30
- 24
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 6
- Tax %
- 40.49%
- Net Profit
- 3
- 2
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 30
- 30
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 0
- Tax %
- 31.25%
- Net Profit
- 0
- 0
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 29
- 28
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 1
- 2
- Tax %
- 12.38%
- Net Profit
- 1,168
- 1
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 36
- 31
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 1
- 7
- Tax %
- 25.49%
- Net Profit
- 5
- 3
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 39
- 34
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 1
- 7
- Tax %
- 7.12%
- Net Profit
- 4
- 3
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 33
- 36
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 1
- -1
- Tax %
- -1.89%
- Net Profit
- -1
- -0
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 27 | 35 | 40 | 51 | 57 | 61 | 74 | 102 | 110 | 128 | 136 | |
| 33 | 35 | 41 | 43 | 46 | 54 | 64 | 87 | 91 | 118 | 129 | |
| Operating Profit | -5 | 1 | 0 | 8 | 12 | 8 | 11 | 16 | 21 | 20 | — |
| OPM % | -18 | 3 | 1 | 16 | 20 | 13 | 15 | 16 | 20 | 15 | — |
| Other Income | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 10 | 10 |
| Interest | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 5 | 4 | 4 | 6 | 6 | 5 | 5 | 5 | 2 | 2 | 3 |
| -12 | -6 | -5 | 1 | 4 | 2 | 5 | 10 | 19 | 17 | 15 | |
| Tax % | 13 | 8 | -14 | 15 | -15 | 38 | 18 | 14 | 29 | 18 | 17 |
| Net Profit | -11 | -5 | -6 | 0 | 4 | 1 | 4 | 9 | 14 | 14 | 13 |
| EPS | -8 | 0 | 0 | 0 | 2 | 1 | 2 | 4 | 6 | 61 | — |
| 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 | -8 | -3 | -3 | 0 | 2 | 1 | 2 | 4 | 6 | 61 | — |
| 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 | -8 | -3 | -3 | 0 | 2 | 1 | 2 | 4 | 6 | 61 | — |
- 27
- 33
- Operating Profit
- -5
- OPM %
- -18
- Other Income
- 0
- Interest
- 2
- Depreciation
- 5
- -12
- Tax %
- 13
- Net Profit
- -11
- EPS
- -8
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- -8
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- -8
- 35
- 35
- Operating Profit
- 1
- OPM %
- 3
- Other Income
- 1
- Interest
- 2
- Depreciation
- 4
- -6
- Tax %
- 8
- Net Profit
- -5
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- -3
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- -3
- 40
- 41
- Operating Profit
- 0
- OPM %
- 1
- Other Income
- 1
- Interest
- 2
- Depreciation
- 4
- -5
- Tax %
- -14
- Net Profit
- -6
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- -3
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- -3
- 51
- 43
- Operating Profit
- 8
- OPM %
- 16
- Other Income
- 1
- Interest
- 2
- Depreciation
- 6
- 1
- Tax %
- 15
- Net Profit
- 0
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- 57
- 46
- Operating Profit
- 12
- OPM %
- 20
- Other Income
- 1
- Interest
- 2
- Depreciation
- 6
- 4
- Tax %
- -15
- Net Profit
- 4
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 2
- 61
- 54
- Operating Profit
- 8
- OPM %
- 13
- Other Income
- 1
- Interest
- 1
- Depreciation
- 5
- 2
- Tax %
- 38
- Net Profit
- 1
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
- 74
- 64
- Operating Profit
- 11
- OPM %
- 15
- Other Income
- 1
- Interest
- 1
- Depreciation
- 5
- 5
- Tax %
- 18
- Net Profit
- 4
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 2
- 102
- 87
- Operating Profit
- 16
- OPM %
- 16
- Other Income
- 1
- Interest
- 1
- Depreciation
- 5
- 10
- Tax %
- 14
- Net Profit
- 9
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 4
- 110
- 91
- Operating Profit
- 21
- OPM %
- 20
- Other Income
- 3
- Interest
- 1
- Depreciation
- 2
- 19
- Tax %
- 29
- Net Profit
- 14
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 6
- 128
- 118
- Operating Profit
- 20
- OPM %
- 15
- Other Income
- 10
- Interest
- 1
- Depreciation
- 2
- 17
- Tax %
- 18
- Net Profit
- 14
- EPS
- 61
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 61
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 61
- 136
- 129
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 1
- Depreciation
- 3
- 15
- Tax %
- 17
- Net Profit
- 13
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 15%
- 5 Years:
- 18%
- 3 Years:
- 20%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 98%
- 3 Years:
- 209%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 30%
- 1 Year:
- -26%
RETURN ON EQUITY
- 10 Years:
- 1%
- 5 Years:
- 16%
- 3 Years:
- 20%
- Last Year:
- 10%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 7 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 21 | 21 |
| 12 | 11 | 5 | 5 | 7 | 8 | 12 | 20 | 53 | 176 | |
| 8 | 9 | 8 | 8 | 6 | 6 | 5 | 5 | 3 | 1 | |
| Trade Payables | 3 | 4 | 3 | 2 | 2 | 2 | 1 | 3 | 3 | 3 |
| 30 | 31 | 28 | 23 | 24 | 25 | 32 | 28 | 44 | 51 | |
| Total Liabilities | 60 | 73 | 63 | 57 | 58 | 60 | 70 | 76 | 124 | 252 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 20 | 19 | 33 | 27 | 22 | 17 | 14 | 13 | 17 | 19 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21 | 60 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22 | 30 | 27 | |
| Cash & Bank | 0 | 8 | 6 | 2 | 8 | 7 | 9 | 16 | 35 | 45 |
| 39 | 46 | 25 | 29 | 28 | 36 | 47 | 24 | 22 | 100 | |
| Total Assets | 60 | 73 | 63 | 57 | 58 | 60 | 70 | 76 | 124 | 252 |
| Total Debt | 18 | 16 | 13 | 11 | 6 | 6 | 5 | 5 | 3 | 1 |
| Net Working Capital | -9 | 2 | -1 | 4 | 8 | 14 | 22 | 31 | 60 | 116 |
| Contingent Liabilities | 2 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | 27.40 | 15.83 | 12.60 | 12.84 | 13.58 | 14.13 | 16.07 | 20.57 | 35.86 | 95.55 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 18 | 16 | 13 | 11 | 6 | 6 | 5 | 5 | 3 | 1 |
| Net Working Capital | -9 | 2 | -1 | 4 | 8 | 14 | 22 | 31 | 60 | 116 |
| Contingent Liabilities | 2 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | 27.40 | 15.83 | 12.60 | 12.84 | 13.58 | 14.13 | 16.07 | 20.57 | 35.86 | 95.55 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
- Equity Capital
- 7
- 12
- 8
- Trade Payables
- 3
- 30
- Total Liabilities
- 60
- 20
- 0
- 0
- Cash & Bank
- 0
- 39
- Total Assets
- 60
- Total Debt
- 18
- Net Working Capital
- -9
- Contingent Liabilities
- 2
- Book Value per Share
- 27.40
- Face Value
- 10.00
- Total Debt
- 18
- Net Working Capital
- -9
- Contingent Liabilities
- 2
- Book Value per Share
- 27.40
- Face Value
- 10.00
- Equity Capital
- 19
- 11
- 9
- Trade Payables
- 4
- 31
- Total Liabilities
- 73
- 19
- 0
- 0
- Cash & Bank
- 8
- 46
- Total Assets
- 73
- Total Debt
- 16
- Net Working Capital
- 2
- Contingent Liabilities
- 3
- Book Value per Share
- 15.83
- Face Value
- 10.00
- Total Debt
- 16
- Net Working Capital
- 2
- Contingent Liabilities
- 3
- Book Value per Share
- 15.83
- Face Value
- 10.00
- Equity Capital
- 19
- 5
- 8
- Trade Payables
- 3
- 28
- Total Liabilities
- 63
- 33
- 0
- 0
- Cash & Bank
- 6
- 25
- Total Assets
- 63
- Total Debt
- 13
- Net Working Capital
- -1
- Contingent Liabilities
- 3
- Book Value per Share
- 12.60
- Face Value
- 10.00
- Total Debt
- 13
- Net Working Capital
- -1
- Contingent Liabilities
- 3
- Book Value per Share
- 12.60
- Face Value
- 10.00
- Equity Capital
- 19
- 5
- 8
- Trade Payables
- 2
- 23
- Total Liabilities
- 57
- 27
- 0
- 0
- Cash & Bank
- 2
- 29
- Total Assets
- 57
- Total Debt
- 11
- Net Working Capital
- 4
- Contingent Liabilities
- 0
- Book Value per Share
- 12.84
- Face Value
- 10.00
- Total Debt
- 11
- Net Working Capital
- 4
- Contingent Liabilities
- 0
- Book Value per Share
- 12.84
- Face Value
- 10.00
- Equity Capital
- 19
- 7
- 6
- Trade Payables
- 2
- 24
- Total Liabilities
- 58
- 22
- 0
- 0
- Cash & Bank
- 8
- 28
- Total Assets
- 58
- Total Debt
- 6
- Net Working Capital
- 8
- Contingent Liabilities
- 0
- Book Value per Share
- 13.58
- Face Value
- 10.00
- Total Debt
- 6
- Net Working Capital
- 8
- Contingent Liabilities
- 0
- Book Value per Share
- 13.58
- Face Value
- 10.00
- Equity Capital
- 19
- 8
- 6
- Trade Payables
- 2
- 25
- Total Liabilities
- 60
- 17
- 0
- 0
- Cash & Bank
- 7
- 36
- Total Assets
- 60
- Total Debt
- 6
- Net Working Capital
- 14
- Contingent Liabilities
- 0
- Book Value per Share
- 14.13
- Face Value
- 10.00
- Total Debt
- 6
- Net Working Capital
- 14
- Contingent Liabilities
- 0
- Book Value per Share
- 14.13
- Face Value
- 10.00
- Equity Capital
- 19
- 12
- 5
- Trade Payables
- 1
- 32
- Total Liabilities
- 70
- 14
- 0
- 0
- Cash & Bank
- 9
- 47
- Total Assets
- 70
- Total Debt
- 5
- Net Working Capital
- 22
- Contingent Liabilities
- 0
- Book Value per Share
- 16.07
- Face Value
- 10.00
- Total Debt
- 5
- Net Working Capital
- 22
- Contingent Liabilities
- 0
- Book Value per Share
- 16.07
- Face Value
- 10.00
- Equity Capital
- 19
- 20
- 5
- Trade Payables
- 3
- 28
- Total Liabilities
- 76
- 13
- 0
- 22
- Cash & Bank
- 16
- 24
- Total Assets
- 76
- Total Debt
- 5
- Net Working Capital
- 31
- Contingent Liabilities
- 0
- Book Value per Share
- 20.57
- Face Value
- 10.00
- Total Debt
- 5
- Net Working Capital
- 31
- Contingent Liabilities
- 0
- Book Value per Share
- 20.57
- Face Value
- 10.00
- Equity Capital
- 21
- 53
- 3
- Trade Payables
- 3
- 44
- Total Liabilities
- 124
- 17
- 21
- 30
- Cash & Bank
- 35
- 22
- Total Assets
- 124
- Total Debt
- 3
- Net Working Capital
- 60
- Contingent Liabilities
- 0
- Book Value per Share
- 35.86
- Face Value
- 10.00
- Total Debt
- 3
- Net Working Capital
- 60
- Contingent Liabilities
- 0
- Book Value per Share
- 35.86
- Face Value
- 10.00
- Equity Capital
- 21
- 176
- 1
- Trade Payables
- 3
- 51
- Total Liabilities
- 252
- 19
- 60
- 27
- Cash & Bank
- 45
- 100
- Total Assets
- 252
- Total Debt
- 1
- Net Working Capital
- 116
- Contingent Liabilities
- 0
- Book Value per Share
- 95.55
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 116
- Contingent Liabilities
- 0
- Book Value per Share
- 95.55
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 4 | -3 | 1 | 2 | 12 | -0 | 6 | 12 | 27 | 105 | |
| Cash from Investing | -5 | -3 | -0 | -0 | -3 | -0 | -2 | -5 | -27 | -119 |
| Cash from Financing | -4 | 11 | -4 | -3 | -4 | 0 | -2 | -1 | 18 | -3 |
| -6 | 5 | -3 | -2 | 4 | -0 | 2 | 6 | 18 | -17 | |
| Free Cash Flow | -4 | -6 | -16 | 2 | 11 | -1 | 6 | 8 | 21 | 105 |
| OCF / Net Profit | -0.35 | 0.67 | -0.13 | 3.91 | 2.85 | -0.41 | 1.33 | 1.33 | 2.01 | 7.42 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -14 | -11 | 1 | 25 | 45 | 139 |
| OCF / Net Profit | -0.35 | 0.67 | -0.13 | 3.91 | 2.85 | -0.41 | 1.33 | 1.33 | 2.01 | 7.42 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -14 | -11 | 1 | 25 | 45 | 139 |
- 4
- Cash from Investing
- -5
- Cash from Financing
- -4
- -6
- Free Cash Flow
- -4
- OCF / Net Profit
- -0.35
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.35
- Cumulative 5-Year FCF
- 0
- -3
- Cash from Investing
- -3
- Cash from Financing
- 11
- 5
- Free Cash Flow
- -6
- OCF / Net Profit
- 0.67
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.67
- Cumulative 5-Year FCF
- 0
- 1
- Cash from Investing
- -0
- Cash from Financing
- -4
- -3
- Free Cash Flow
- -16
- OCF / Net Profit
- -0.13
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.13
- Cumulative 5-Year FCF
- 0
- 2
- Cash from Investing
- -0
- Cash from Financing
- -3
- -2
- Free Cash Flow
- 2
- OCF / Net Profit
- 3.91
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.91
- Cumulative 5-Year FCF
- 0
- 12
- Cash from Investing
- -3
- Cash from Financing
- -4
- 4
- Free Cash Flow
- 11
- OCF / Net Profit
- 2.85
- Cumulative 5-Year FCF
- -14
- OCF / Net Profit
- 2.85
- Cumulative 5-Year FCF
- -14
- -0
- Cash from Investing
- -0
- Cash from Financing
- 0
- -0
- Free Cash Flow
- -1
- OCF / Net Profit
- -0.41
- Cumulative 5-Year FCF
- -11
- OCF / Net Profit
- -0.41
- Cumulative 5-Year FCF
- -11
- 6
- Cash from Investing
- -2
- Cash from Financing
- -2
- 2
- Free Cash Flow
- 6
- OCF / Net Profit
- 1.33
- Cumulative 5-Year FCF
- 1
- OCF / Net Profit
- 1.33
- Cumulative 5-Year FCF
- 1
- 12
- Cash from Investing
- -5
- Cash from Financing
- -1
- 6
- Free Cash Flow
- 8
- OCF / Net Profit
- 1.33
- Cumulative 5-Year FCF
- 25
- OCF / Net Profit
- 1.33
- Cumulative 5-Year FCF
- 25
- 27
- Cash from Investing
- -27
- Cash from Financing
- 18
- 18
- Free Cash Flow
- 21
- OCF / Net Profit
- 2.01
- Cumulative 5-Year FCF
- 45
- OCF / Net Profit
- 2.01
- Cumulative 5-Year FCF
- 45
- 105
- Cash from Investing
- -119
- Cash from Financing
- -3
- -17
- Free Cash Flow
- 105
- OCF / Net Profit
- 7.42
- Cumulative 5-Year FCF
- 139
- OCF / Net Profit
- 7.42
- Cumulative 5-Year FCF
- 139
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -15.28 | -2.74 | -3.23 | 0.25 | 2.19 | 0.52 | 2.21 | 4.49 | 6.34 | 61.50 |
| Book Value (₹) | 27.40 | 15.83 | 12.60 | 12.84 | 13.58 | 14.13 | 16.07 | 20.57 | 35.86 | 95.55 |
| 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 (₹) | -4.31 | -0.36 | -1.07 | 3.51 | 5.50 | 3.25 | 4.64 | 6.87 | 7.40 | 7.89 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | -18.21% | 2.58% | 0.83% | 16.20% | 20.29% | 12.93% | 14.86% | 14.88% | 17.30% | 7.86% |
| Net Margin % | -38.81% | -14.77% | -15.30% | 0.91% | 7.24% | 1.64% | 5.82% | 8.59% | 12.45% | 11.02% |
| ROE % | -44.21% | -21.11% | -22.75% | 1.92% | 16.58% | 3.80% | 14.71% | 24.78% | 24.07% | 10.48% |
| ROCE % | -24.13% | -8.69% | -9.05% | 5.77% | 15.73% | 8.19% | 17.59% | 27.25% | 31.79% | 12.63% |
| -17.21% | -7.75% | -8.92% | 0.77% | 7.18% | 1.70% | 6.57% | 12.05% | 13.67% | 7.54% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 90 | 110 | 115 | 105 | 98 | 86 | 100 | 84 | 86 | 81 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 90 | 110 | 115 | 105 | 98 | 86 | 100 | 84 | 86 | 81 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.92x | 0.53x | 0.54x | 0.46x | 0.23x | 0.24x | 0.18x | 0.14x | 0.05x | 0.01x |
| Interest Coverage (x) | -4.82x | -1.79x | -2.34x | 1.35x | 3.11x | 2.52x | 6.10x | 9.89x | 25.58x | 31.66x |
| 0.71x | 1.05x | 0.95x | 1.15x | 1.29x | 1.49x | 1.66x | 2.07x | 2.43x | 3.52x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -15.17% | 27.95% | 14.14% | 27.83% | 12.06% | 7.21% | 20.07% | 39.04% | 7.22% | 17.16% |
| Operating Profit Growth % | -900.89% | 118.12% | -63.33% | 2398.42% | 40.42% | -31.67% | 37.91% | 45.32% | 35.24% | -7.77% |
| Net Profit Growth % | -61.16% | 51.31% | -18.25% | 107.57% | 795.76% | -75.72% | 326.34% | 105.09% | 55.43% | 3.66% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 103.50% | 41.28% | 869.42% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 25.59x | 61.06x | 3.36x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.59x | 10.80x | 2.16x |
| 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 | 13.33x | 35.59x | 19.21x |
- EPS (₹)
- -15.28
- Book Value (₹)
- 27.40
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -4.31
- Operating Margin %
- -18.21%
- Net Margin %
- -38.81%
- ROE %
- -44.21%
- ROCE %
- -24.13%
- -17.21%
- Debtor Days
- 90
- Inventory Days
- 0
- Payable Days
- 0
- 90
- Debt to Equity (x)
- 0.92x
- Interest Coverage (x)
- -4.82x
- 0.71x
- Revenue Growth %
- -15.17%
- Operating Profit Growth %
- -900.89%
- Net Profit Growth %
- -61.16%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- -2.74
- Book Value (₹)
- 15.83
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.36
- Operating Margin %
- 2.58%
- Net Margin %
- -14.77%
- ROE %
- -21.11%
- ROCE %
- -8.69%
- -7.75%
- Debtor Days
- 110
- Inventory Days
- 0
- Payable Days
- 0
- 110
- Debt to Equity (x)
- 0.53x
- Interest Coverage (x)
- -1.79x
- 1.05x
- Revenue Growth %
- 27.95%
- Operating Profit Growth %
- 118.12%
- Net Profit Growth %
- 51.31%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- -3.23
- Book Value (₹)
- 12.60
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -1.07
- Operating Margin %
- 0.83%
- Net Margin %
- -15.30%
- ROE %
- -22.75%
- ROCE %
- -9.05%
- -8.92%
- Debtor Days
- 115
- Inventory Days
- 0
- Payable Days
- 0
- 115
- Debt to Equity (x)
- 0.54x
- Interest Coverage (x)
- -2.34x
- 0.95x
- Revenue Growth %
- 14.14%
- Operating Profit Growth %
- -63.33%
- Net Profit Growth %
- -18.25%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 0.25
- Book Value (₹)
- 12.84
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.51
- Operating Margin %
- 16.20%
- Net Margin %
- 0.91%
- ROE %
- 1.92%
- ROCE %
- 5.77%
- 0.77%
- Debtor Days
- 105
- Inventory Days
- 0
- Payable Days
- 0
- 105
- Debt to Equity (x)
- 0.46x
- Interest Coverage (x)
- 1.35x
- 1.15x
- Revenue Growth %
- 27.83%
- Operating Profit Growth %
- 2398.42%
- Net Profit Growth %
- 107.57%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 2.19
- Book Value (₹)
- 13.58
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.50
- Operating Margin %
- 20.29%
- Net Margin %
- 7.24%
- ROE %
- 16.58%
- ROCE %
- 15.73%
- 7.18%
- Debtor Days
- 98
- Inventory Days
- 0
- Payable Days
- 0
- 98
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- 3.11x
- 1.29x
- Revenue Growth %
- 12.06%
- Operating Profit Growth %
- 40.42%
- Net Profit Growth %
- 795.76%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 0.52
- Book Value (₹)
- 14.13
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.25
- Operating Margin %
- 12.93%
- Net Margin %
- 1.64%
- ROE %
- 3.80%
- ROCE %
- 8.19%
- 1.70%
- Debtor Days
- 86
- Inventory Days
- 0
- Payable Days
- 0
- 86
- Debt to Equity (x)
- 0.24x
- Interest Coverage (x)
- 2.52x
- 1.49x
- Revenue Growth %
- 7.21%
- Operating Profit Growth %
- -31.67%
- Net Profit Growth %
- -75.72%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 2.21
- Book Value (₹)
- 16.07
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.64
- Operating Margin %
- 14.86%
- Net Margin %
- 5.82%
- ROE %
- 14.71%
- ROCE %
- 17.59%
- 6.57%
- Debtor Days
- 100
- Inventory Days
- 0
- Payable Days
- 0
- 100
- Debt to Equity (x)
- 0.18x
- Interest Coverage (x)
- 6.10x
- 1.66x
- Revenue Growth %
- 20.07%
- Operating Profit Growth %
- 37.91%
- Net Profit Growth %
- 326.34%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 4.49
- Book Value (₹)
- 20.57
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.87
- Operating Margin %
- 14.88%
- Net Margin %
- 8.59%
- ROE %
- 24.78%
- ROCE %
- 27.25%
- 12.05%
- Debtor Days
- 84
- Inventory Days
- 0
- Payable Days
- 0
- 84
- Debt to Equity (x)
- 0.14x
- Interest Coverage (x)
- 9.89x
- 2.07x
- Revenue Growth %
- 39.04%
- Operating Profit Growth %
- 45.32%
- Net Profit Growth %
- 105.09%
- 103.50%
- P/E (x)
- 25.59x
- P/B (x)
- 5.59x
- Dividend Yield %
- 0.00%
- 13.33x
- EPS (₹)
- 6.34
- Book Value (₹)
- 35.86
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 7.40
- Operating Margin %
- 17.30%
- Net Margin %
- 12.45%
- ROE %
- 24.07%
- ROCE %
- 31.79%
- 13.67%
- Debtor Days
- 86
- Inventory Days
- 0
- Payable Days
- 0
- 86
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 25.58x
- 2.43x
- Revenue Growth %
- 7.22%
- Operating Profit Growth %
- 35.24%
- Net Profit Growth %
- 55.43%
- 41.28%
- P/E (x)
- 61.06x
- P/B (x)
- 10.80x
- Dividend Yield %
- 0.00%
- 35.59x
- EPS (₹)
- 61.50
- Book Value (₹)
- 95.55
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 7.89
- Operating Margin %
- 7.86%
- Net Margin %
- 11.02%
- ROE %
- 10.48%
- ROCE %
- 12.63%
- 7.54%
- Debtor Days
- 81
- Inventory Days
- 0
- Payable Days
- 0
- 81
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 31.66x
- 3.52x
- Revenue Growth %
- 17.16%
- Operating Profit Growth %
- -7.77%
- Net Profit Growth %
- 3.66%
- 869.42%
- P/E (x)
- 3.36x
- P/B (x)
- 2.16x
- Dividend Yield %
- 0.00%
- 19.21x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-19 - IRIS RegTech Solutions Limited has informed the Exchange about Schedule of meet.
- Shareholders meeting
2026-08-14 - IRIS RegTech Solutions Limited has submitted the Exchange a copy Srutinizers report of 26th Annual General Meeting held on August 14, 2026. Further, the company has informed the Exchange regarding voting results.
Annual Reports
Credit Ratings
- Credit Rating- New
2026-08-11 - IRIS RegTech Solutions Limited has informed the Exchange about Credit Rating- New
Concalls
May 2026
Nov 2025
May 2025

