IRIS RegTech Solutions Ltd.
•2026-08-21
PROS
- Company has delivered good profit growth of 28.5% CAGR over last 5 years
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 23.0%
- Company has delivered good sales growth of 17.9% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 3.51x)
CONS
- A large part of profit comes from other income (47.1% of PBT)
- Promoter holding has decreased over last 2 years: -2.5pp
- Working capital days have increased from 208 to 336 days
- Operating margins have contracted to 7.9% from 15.1%
- 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 | 2292.55 | 16.66 | 829464.65 | 4.80 | 13420.00 | 4.69 | 72275.00 | 13.93 | 66.25 | 25.67 |
| 2. | INFY | 1130.20 | 15.14 | 458641.56 | 4.25 | 7775.00 | 12.29 | 48211.00 | 14.03 | 42.84 | 23.66 |
| 3. | HCLTECH | 1319.95 | 20.56 | 358190.22 | 4.09 | 4626.00 | 20.34 | 34579.00 | 13.94 | 31.20 | 19.87 |
| 4. | WIPRO | 180.65 | 13.54 | 178919.77 | 6.09 | 3356.30 | 0.59 | 24478.60 | 10.59 | 18.49 | 18.93 |
| 5. | TECHM | 1592.00 | 30.38 | 156037.29 | 3.20 | 1486.30 | 31.67 | 15711.90 | 17.68 | 23.04 | 17.43 |
| 6. | LTM | 4540.90 | 25.75 | 134692.78 | 1.65 | 1468.60 | 17.06 | 11608.00 | 17.96 | 30.25 | 17.75 |
| 7. | OFSS | 11862.05 | 30.27 | 103298.44 | 3.37 | 1415.50 | 120.52 | 3125.20 | 68.73 | 45.50 | 60.04 |
| 8. | PERSISTENT | 5679.95 | 46.59 | 89601.21 | 0.70 | 483.04 | 13.67 | 4303.23 | 29.09 | 35.09 | 16.19 |
| 9. | COFORGE | 1880.00 | 47.40 | 83269.05 | 0.84 | 531.70 | 49.19 | 5527.70 | 49.86 | 24.70 | 19.14 |
| 10. | MPHASIS | 2427.50 | 24.25 | 46335.33 | 2.55 | 489.51 | 10.82 | 4384.05 | 17.46 | 23.31 | 18.15 |
| 11. | LTTS | 3578.45 | 28.76 | 37959.32 | 1.62 | 3571.00 | 1029.71 | 29401.00 | 1014.73 | 27.70 | 18.65 |
| 12. | IRIS | 250.00 | 4.10 | 514.21 | 0.00 | -0.97 | -533.48 | 32.75 | 9.69 | 12.63 | -5.08 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 19 | 23 | 26 | 29 | 26 | 26 | 28 | 28 | 28 | 27 | 34 | 38 | 31 | |
| 17 | 20 | 23 | 23 | 22 | 21 | 22 | 23 | 28 | 27 | 29 | 33 | 34 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 3 | 3 | 2 | 3 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 |
| 1 | 1 | 2 | 5 | 3 | 5 | 5 | 6 | 0 | 6 | 7 | 7 | -0 | |
| Tax % | 21.30% | 18.24% | 15.82% | 9.65% | 20.60% | 21.82% | 27.91% | 41.08% | 62.50% | 14.31% | 25.79% | 7.71% | -0.00% |
| Net Profit | 1 | 1 | 2 | 5 | 3 | 4 | 4 | 3 | 0 | 5 | 5 | 6 | -0 |
| 0 | 1 | 1 | 2 | 1 | 2 | 2 | 2 | 0 | 2 | 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% |
- 19
- 17
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 21.30%
- Net Profit
- 1
- 0
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 23
- 20
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 18.24%
- Net Profit
- 1
- 1
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 26
- 23
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 2
- Tax %
- 15.82%
- Net Profit
- 2
- 1
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 29
- 23
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 5
- Tax %
- 9.65%
- Net Profit
- 5
- 2
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 26
- 22
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 3
- Tax %
- 20.60%
- Net Profit
- 3
- 1
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 26
- 21
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 5
- Tax %
- 21.82%
- Net Profit
- 4
- 2
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 28
- 22
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 5
- Tax %
- 27.91%
- Net Profit
- 4
- 2
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 28
- 23
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 6
- Tax %
- 41.08%
- Net Profit
- 3
- 2
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 28
- 28
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 0
- Tax %
- 62.50%
- Net Profit
- 0
- 0
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 27
- 27
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 0
- 6
- Tax %
- 14.31%
- Net Profit
- 5
- 2
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 34
- 29
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 1
- 7
- Tax %
- 25.79%
- Net Profit
- 5
- 3
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 38
- 33
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 1
- 7
- Tax %
- 7.71%
- Net Profit
- 6
- 3
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 31
- 34
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 1
- -0
- Tax %
- -0.00%
- Net Profit
- -0
- -0
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 27 | 35 | 40 | 49 | 54 | 56 | 68 | 97 | 104 | 123 | 130 | |
| 32 | 34 | 40 | 40 | 42 | 49 | 59 | 82 | 86 | 113 | 123 | |
| Operating Profit | -4 | 1 | 1 | 9 | 12 | 8 | 10 | 15 | 21 | 19 | — |
| OPM % | -16 | 3 | 3 | 19 | 23 | 13 | 15 | 16 | 20 | 16 | — |
| Other Income | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 10 | 10 |
| Interest | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 5 | 4 | 4 | 6 | 6 | 5 | 5 | 4 | 2 | 2 | 3 |
| -12 | -5 | -5 | 2 | 4 | 1 | 5 | 10 | 19 | 20 | 19 | |
| Tax % | 14 | 8 | -16 | 5 | -13 | 47 | 19 | 14 | 29 | 18 | 16 |
| Net Profit | -10 | -5 | -5 | 2 | 5 | 1 | 4 | 8 | 13 | 17 | 16 |
| EPS | -7 | 0 | 0 | 0 | 3 | 0 | 2 | 4 | 7 | 8 | — |
| 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 | -7 | -3 | -3 | 1 | 3 | 0 | 2 | 4 | 7 | 8 | — |
| 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 | -7 | -3 | -3 | 1 | 3 | 0 | 2 | 4 | 7 | 8 | — |
- 27
- 32
- Operating Profit
- -4
- OPM %
- -16
- Other Income
- 0
- Interest
- 2
- Depreciation
- 5
- -12
- Tax %
- 14
- Net Profit
- -10
- EPS
- -7
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -7
- 35
- 34
- Operating Profit
- 1
- OPM %
- 3
- Other Income
- 1
- Interest
- 2
- Depreciation
- 4
- -5
- 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
- 40
- Operating Profit
- 1
- OPM %
- 3
- Other Income
- 1
- Interest
- 2
- Depreciation
- 4
- -5
- Tax %
- -16
- 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
- 49
- 40
- Operating Profit
- 9
- OPM %
- 19
- Other Income
- 1
- Interest
- 2
- Depreciation
- 6
- 2
- Tax %
- 5
- Net Profit
- 2
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- 54
- 42
- Operating Profit
- 12
- OPM %
- 23
- Other Income
- 1
- Interest
- 2
- Depreciation
- 6
- 4
- Tax %
- -13
- Net Profit
- 5
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- 56
- 49
- Operating Profit
- 8
- OPM %
- 13
- Other Income
- 1
- Interest
- 1
- Depreciation
- 5
- 1
- Tax %
- 47
- Net Profit
- 1
- 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
- 68
- 59
- Operating Profit
- 10
- OPM %
- 15
- Other Income
- 1
- Interest
- 1
- Depreciation
- 5
- 5
- Tax %
- 19
- 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
- 97
- 82
- Operating Profit
- 15
- OPM %
- 16
- Other Income
- 1
- Interest
- 1
- Depreciation
- 4
- 10
- Tax %
- 14
- Net Profit
- 8
- 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
- 104
- 86
- Operating Profit
- 21
- OPM %
- 20
- Other Income
- 2
- Interest
- 1
- Depreciation
- 2
- 19
- Tax %
- 29
- Net Profit
- 13
- EPS
- 7
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- 123
- 113
- Operating Profit
- 19
- OPM %
- 16
- Other Income
- 10
- Interest
- 1
- Depreciation
- 2
- 20
- Tax %
- 18
- Net Profit
- 17
- 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
- 130
- 123
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 1
- Depreciation
- 3
- 19
- Tax %
- 16
- Net Profit
- 16
- 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:
- 14%
- 5 Years:
- 18%
- 3 Years:
- 22%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 91%
- 3 Years:
- 220%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 29%
- 1 Year:
- -26%
RETURN ON EQUITY
- 10 Years:
- 1%
- 5 Years:
- 14%
- 3 Years:
- 19%
- Last Year:
- 12%
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 | 7 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 21 | 21 |
| 13 | 12 | 7 | 8 | 11 | 11 | 15 | 23 | 55 | 176 | |
| 8 | 9 | 8 | 8 | 6 | 6 | 5 | 5 | 3 | 1 | |
| Trade Payables | 3 | 4 | 3 | 2 | 1 | 2 | 1 | 2 | 3 | 3 |
| 30 | 30 | 28 | 21 | 22 | 21 | 28 | 25 | 40 | 47 | |
| Total Liabilities | 60 | 75 | 65 | 59 | 59 | 60 | 69 | 75 | 121 | 247 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 20 | 19 | 33 | 27 | 22 | 17 | 14 | 13 | 17 | 19 | |
| 1 | 1 | 2 | 3 | 3 | 3 | 3 | 3 | 24 | 63 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21 | 29 | 25 | |
| Cash & Bank | 0 | 8 | 6 | 1 | 7 | 5 | 6 | 11 | 26 | 35 |
| 39 | 47 | 25 | 28 | 27 | 34 | 47 | 28 | 26 | 105 | |
| Total Assets | 60 | 75 | 65 | 59 | 59 | 60 | 69 | 75 | 121 | 247 |
| Total Debt | 18 | 16 | 13 | 11 | 6 | 6 | 5 | 5 | 3 | 1 |
| Net Working Capital | -9 | 2 | -1 | 4 | 9 | 15 | 22 | 31 | 59 | 113 |
| Contingent Liabilities | 2 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | 29.06 | 16.57 | 13.70 | 14.49 | 15.60 | 15.96 | 17.57 | 21.86 | 36.80 | 95.37 |
| 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 | 9 | 15 | 22 | 31 | 59 | 113 |
| Contingent Liabilities | 2 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | 29.06 | 16.57 | 13.70 | 14.49 | 15.60 | 15.96 | 17.57 | 21.86 | 36.80 | 95.37 |
| 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
- 13
- 8
- Trade Payables
- 3
- 30
- Total Liabilities
- 60
- 20
- 1
- 0
- Cash & Bank
- 0
- 39
- Total Assets
- 60
- Total Debt
- 18
- Net Working Capital
- -9
- Contingent Liabilities
- 2
- Book Value per Share
- 29.06
- Face Value
- 10.00
- Total Debt
- 18
- Net Working Capital
- -9
- Contingent Liabilities
- 2
- Book Value per Share
- 29.06
- Face Value
- 10.00
- Equity Capital
- 19
- 12
- 9
- Trade Payables
- 4
- 30
- Total Liabilities
- 75
- 19
- 1
- 0
- Cash & Bank
- 8
- 47
- Total Assets
- 75
- Total Debt
- 16
- Net Working Capital
- 2
- Contingent Liabilities
- 3
- Book Value per Share
- 16.57
- Face Value
- 10.00
- Total Debt
- 16
- Net Working Capital
- 2
- Contingent Liabilities
- 3
- Book Value per Share
- 16.57
- Face Value
- 10.00
- Equity Capital
- 19
- 7
- 8
- Trade Payables
- 3
- 28
- Total Liabilities
- 65
- 33
- 2
- 0
- Cash & Bank
- 6
- 25
- Total Assets
- 65
- Total Debt
- 13
- Net Working Capital
- -1
- Contingent Liabilities
- 3
- Book Value per Share
- 13.70
- Face Value
- 10.00
- Total Debt
- 13
- Net Working Capital
- -1
- Contingent Liabilities
- 3
- Book Value per Share
- 13.70
- Face Value
- 10.00
- Equity Capital
- 19
- 8
- 8
- Trade Payables
- 2
- 21
- Total Liabilities
- 59
- 27
- 3
- 0
- Cash & Bank
- 1
- 28
- Total Assets
- 59
- Total Debt
- 11
- Net Working Capital
- 4
- Contingent Liabilities
- 0
- Book Value per Share
- 14.49
- Face Value
- 10.00
- Total Debt
- 11
- Net Working Capital
- 4
- Contingent Liabilities
- 0
- Book Value per Share
- 14.49
- Face Value
- 10.00
- Equity Capital
- 19
- 11
- 6
- Trade Payables
- 1
- 22
- Total Liabilities
- 59
- 22
- 3
- 0
- Cash & Bank
- 7
- 27
- Total Assets
- 59
- Total Debt
- 6
- Net Working Capital
- 9
- Contingent Liabilities
- 0
- Book Value per Share
- 15.60
- Face Value
- 10.00
- Total Debt
- 6
- Net Working Capital
- 9
- Contingent Liabilities
- 0
- Book Value per Share
- 15.60
- Face Value
- 10.00
- Equity Capital
- 19
- 11
- 6
- Trade Payables
- 2
- 21
- Total Liabilities
- 60
- 17
- 3
- 0
- Cash & Bank
- 5
- 34
- Total Assets
- 60
- Total Debt
- 6
- Net Working Capital
- 15
- Contingent Liabilities
- 0
- Book Value per Share
- 15.96
- Face Value
- 10.00
- Total Debt
- 6
- Net Working Capital
- 15
- Contingent Liabilities
- 0
- Book Value per Share
- 15.96
- Face Value
- 10.00
- Equity Capital
- 19
- 15
- 5
- Trade Payables
- 1
- 28
- Total Liabilities
- 69
- 14
- 3
- 0
- Cash & Bank
- 6
- 47
- Total Assets
- 69
- Total Debt
- 5
- Net Working Capital
- 22
- Contingent Liabilities
- 0
- Book Value per Share
- 17.57
- Face Value
- 10.00
- Total Debt
- 5
- Net Working Capital
- 22
- Contingent Liabilities
- 0
- Book Value per Share
- 17.57
- Face Value
- 10.00
- Equity Capital
- 19
- 23
- 5
- Trade Payables
- 2
- 25
- Total Liabilities
- 75
- 13
- 3
- 21
- Cash & Bank
- 11
- 28
- Total Assets
- 75
- Total Debt
- 5
- Net Working Capital
- 31
- Contingent Liabilities
- 0
- Book Value per Share
- 21.86
- Face Value
- 10.00
- Total Debt
- 5
- Net Working Capital
- 31
- Contingent Liabilities
- 0
- Book Value per Share
- 21.86
- Face Value
- 10.00
- Equity Capital
- 21
- 55
- 3
- Trade Payables
- 3
- 40
- Total Liabilities
- 121
- 17
- 24
- 29
- Cash & Bank
- 26
- 26
- Total Assets
- 121
- Total Debt
- 3
- Net Working Capital
- 59
- Contingent Liabilities
- 0
- Book Value per Share
- 36.80
- Face Value
- 10.00
- Total Debt
- 3
- Net Working Capital
- 59
- Contingent Liabilities
- 0
- Book Value per Share
- 36.80
- Face Value
- 10.00
- Equity Capital
- 21
- 176
- 1
- Trade Payables
- 3
- 47
- Total Liabilities
- 247
- 19
- 63
- 25
- Cash & Bank
- 35
- 105
- Total Assets
- 247
- Total Debt
- 1
- Net Working Capital
- 113
- Contingent Liabilities
- 0
- Book Value per Share
- 95.37
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 113
- Contingent Liabilities
- 0
- Book Value per Share
- 95.37
- Face Value
- 10.00
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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 4 | -3 | 1 | 2 | 11 | -1 | 4 | 10 | 25 | 101 | |
| Cash from Investing | -5 | -3 | -1 | -1 | -3 | 0 | -2 | -5 | -27 | -116 |
| Cash from Financing | -4 | 11 | -4 | -3 | -4 | 0 | -2 | -1 | 18 | -3 |
| -6 | 5 | -3 | -2 | 3 | -1 | 1 | 4 | 15 | -18 | |
| Free Cash Flow | -4 | -6 | -15 | 2 | 9 | -2 | 4 | 6 | 18 | 101 |
| OCF / Net Profit | -0.38 | 0.69 | -0.26 | 1.64 | 2.21 | -1.37 | 1.05 | 1.15 | 1.84 | 6.04 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -14 | -11 | -2 | 20 | 36 | 127 |
| OCF / Net Profit | -0.38 | 0.69 | -0.26 | 1.64 | 2.21 | -1.37 | 1.05 | 1.15 | 1.84 | 6.04 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -14 | -11 | -2 | 20 | 36 | 127 |
- 4
- Cash from Investing
- -5
- Cash from Financing
- -4
- -6
- Free Cash Flow
- -4
- OCF / Net Profit
- -0.38
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.38
- Cumulative 5-Year FCF
- 0
- -3
- Cash from Investing
- -3
- Cash from Financing
- 11
- 5
- Free Cash Flow
- -6
- OCF / Net Profit
- 0.69
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.69
- Cumulative 5-Year FCF
- 0
- 1
- Cash from Investing
- -1
- Cash from Financing
- -4
- -3
- Free Cash Flow
- -15
- OCF / Net Profit
- -0.26
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.26
- Cumulative 5-Year FCF
- 0
- 2
- Cash from Investing
- -1
- Cash from Financing
- -3
- -2
- Free Cash Flow
- 2
- OCF / Net Profit
- 1.64
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.64
- Cumulative 5-Year FCF
- 0
- 11
- Cash from Investing
- -3
- Cash from Financing
- -4
- 3
- Free Cash Flow
- 9
- OCF / Net Profit
- 2.21
- Cumulative 5-Year FCF
- -14
- OCF / Net Profit
- 2.21
- Cumulative 5-Year FCF
- -14
- -1
- Cash from Investing
- 0
- Cash from Financing
- 0
- -1
- Free Cash Flow
- -2
- OCF / Net Profit
- -1.37
- Cumulative 5-Year FCF
- -11
- OCF / Net Profit
- -1.37
- Cumulative 5-Year FCF
- -11
- 4
- Cash from Investing
- -2
- Cash from Financing
- -2
- 1
- Free Cash Flow
- 4
- OCF / Net Profit
- 1.05
- Cumulative 5-Year FCF
- -2
- OCF / Net Profit
- 1.05
- Cumulative 5-Year FCF
- -2
- 10
- Cash from Investing
- -5
- Cash from Financing
- -1
- 4
- Free Cash Flow
- 6
- OCF / Net Profit
- 1.15
- Cumulative 5-Year FCF
- 20
- OCF / Net Profit
- 1.15
- Cumulative 5-Year FCF
- 20
- 25
- Cash from Investing
- -27
- Cash from Financing
- 18
- 15
- Free Cash Flow
- 18
- OCF / Net Profit
- 1.84
- Cumulative 5-Year FCF
- 36
- OCF / Net Profit
- 1.84
- Cumulative 5-Year FCF
- 36
- 101
- Cash from Investing
- -116
- Cash from Financing
- -3
- -18
- Free Cash Flow
- 101
- OCF / Net Profit
- 6.04
- Cumulative 5-Year FCF
- 127
- OCF / Net Profit
- 6.04
- Cumulative 5-Year FCF
- 127
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 (₹) | -14.42 | -2.59 | -2.87 | 0.80 | 2.51 | 0.35 | 1.90 | 4.28 | 6.51 | 8.09 |
| Book Value (₹) | 29.06 | 16.57 | 13.70 | 14.49 | 15.60 | 15.96 | 17.57 | 21.86 | 36.80 | 95.37 |
| 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 (₹) | -3.89 | -0.21 | -0.71 | 4.06 | 5.82 | 3.06 | 4.32 | 6.57 | 7.25 | 9.10 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | -16.33% | 3.47% | 2.51% | 19.02% | 22.61% | 13.44% | 15.13% | 14.97% | 17.91% | 7.95% |
| Net Margin % | -36.82% | -14.02% | -13.59% | 3.09% | 8.81% | 1.20% | 5.44% | 8.56% | 12.81% | 13.53% |
| ROE % | -39.76% | -19.03% | -18.98% | 5.67% | 16.70% | 2.24% | 11.37% | 21.72% | 22.68% | 12.25% |
| ROCE % | -22.18% | -7.82% | -7.13% | 8.05% | 15.88% | 6.38% | 14.35% | 24.09% | 30.12% | 14.67% |
| -16.08% | -7.22% | -7.76% | 2.44% | 8.09% | 1.14% | 5.72% | 11.52% | 13.62% | 9.03% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 90 | 110 | 115 | 106 | 100 | 91 | 104 | 84 | 87 | 80 |
| 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 | 106 | 100 | 91 | 104 | 84 | 87 | 80 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.87x | 0.51x | 0.50x | 0.40x | 0.20x | 0.21x | 0.16x | 0.13x | 0.05x | 0.01x |
| Interest Coverage (x) | -4.56x | -1.67x | -1.94x | 2.03x | 3.48x | 2.23x | 5.66x | 9.69x | 26.45x | 39.85x |
| 0.70x | 1.05x | 0.96x | 1.17x | 1.38x | 1.62x | 1.77x | 2.20x | 2.57x | 3.68x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -15.36% | 28.47% | 14.29% | 22.53% | 10.34% | 4.11% | 20.29% | 43.38% | 7.81% | 17.85% |
| Operating Profit Growth % | -130.14% | 127.32% | -17.55% | 829.98% | 31.20% | -38.14% | 35.42% | 48.01% | 39.52% | -8.53% |
| Net Profit Growth % | -74.08% | 51.10% | -10.83% | 127.82% | 214.98% | -85.78% | 444.22% | 125.48% | 61.25% | 24.53% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 125.48% | 52.00% | 24.35% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 26.83x | 59.51x | 25.52x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.26x | 10.53x | 2.17x |
| 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 | 14.37x | 36.64x | 20.24x |
- EPS (₹)
- -14.42
- Book Value (₹)
- 29.06
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -3.89
- Operating Margin %
- -16.33%
- Net Margin %
- -36.82%
- ROE %
- -39.76%
- ROCE %
- -22.18%
- -16.08%
- Debtor Days
- 90
- Inventory Days
- 0
- Payable Days
- 0
- 90
- Debt to Equity (x)
- 0.87x
- Interest Coverage (x)
- -4.56x
- 0.70x
- Revenue Growth %
- -15.36%
- Operating Profit Growth %
- -130.14%
- Net Profit Growth %
- -74.08%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- -2.59
- Book Value (₹)
- 16.57
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.21
- Operating Margin %
- 3.47%
- Net Margin %
- -14.02%
- ROE %
- -19.03%
- ROCE %
- -7.82%
- -7.22%
- Debtor Days
- 110
- Inventory Days
- 0
- Payable Days
- 0
- 110
- Debt to Equity (x)
- 0.51x
- Interest Coverage (x)
- -1.67x
- 1.05x
- Revenue Growth %
- 28.47%
- Operating Profit Growth %
- 127.32%
- Net Profit Growth %
- 51.10%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- -2.87
- Book Value (₹)
- 13.70
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.71
- Operating Margin %
- 2.51%
- Net Margin %
- -13.59%
- ROE %
- -18.98%
- ROCE %
- -7.13%
- -7.76%
- Debtor Days
- 115
- Inventory Days
- 0
- Payable Days
- 0
- 115
- Debt to Equity (x)
- 0.50x
- Interest Coverage (x)
- -1.94x
- 0.96x
- Revenue Growth %
- 14.29%
- Operating Profit Growth %
- -17.55%
- Net Profit Growth %
- -10.83%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 0.80
- Book Value (₹)
- 14.49
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.06
- Operating Margin %
- 19.02%
- Net Margin %
- 3.09%
- ROE %
- 5.67%
- ROCE %
- 8.05%
- 2.44%
- Debtor Days
- 106
- Inventory Days
- 0
- Payable Days
- 0
- 106
- Debt to Equity (x)
- 0.40x
- Interest Coverage (x)
- 2.03x
- 1.17x
- Revenue Growth %
- 22.53%
- Operating Profit Growth %
- 829.98%
- Net Profit Growth %
- 127.82%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 2.51
- Book Value (₹)
- 15.60
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.82
- Operating Margin %
- 22.61%
- Net Margin %
- 8.81%
- ROE %
- 16.70%
- ROCE %
- 15.88%
- 8.09%
- Debtor Days
- 100
- Inventory Days
- 0
- Payable Days
- 0
- 100
- Debt to Equity (x)
- 0.20x
- Interest Coverage (x)
- 3.48x
- 1.38x
- Revenue Growth %
- 10.34%
- Operating Profit Growth %
- 31.20%
- Net Profit Growth %
- 214.98%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 0.35
- Book Value (₹)
- 15.96
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.06
- Operating Margin %
- 13.44%
- Net Margin %
- 1.20%
- ROE %
- 2.24%
- ROCE %
- 6.38%
- 1.14%
- Debtor Days
- 91
- Inventory Days
- 0
- Payable Days
- 0
- 91
- Debt to Equity (x)
- 0.21x
- Interest Coverage (x)
- 2.23x
- 1.62x
- Revenue Growth %
- 4.11%
- Operating Profit Growth %
- -38.14%
- Net Profit Growth %
- -85.78%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 1.90
- Book Value (₹)
- 17.57
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.32
- Operating Margin %
- 15.13%
- Net Margin %
- 5.44%
- ROE %
- 11.37%
- ROCE %
- 14.35%
- 5.72%
- Debtor Days
- 104
- Inventory Days
- 0
- Payable Days
- 0
- 104
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 5.66x
- 1.77x
- Revenue Growth %
- 20.29%
- Operating Profit Growth %
- 35.42%
- Net Profit Growth %
- 444.22%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 4.28
- Book Value (₹)
- 21.86
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.57
- Operating Margin %
- 14.97%
- Net Margin %
- 8.56%
- ROE %
- 21.72%
- ROCE %
- 24.09%
- 11.52%
- Debtor Days
- 84
- Inventory Days
- 0
- Payable Days
- 0
- 84
- Debt to Equity (x)
- 0.13x
- Interest Coverage (x)
- 9.69x
- 2.20x
- Revenue Growth %
- 43.38%
- Operating Profit Growth %
- 48.01%
- Net Profit Growth %
- 125.48%
- 125.48%
- P/E (x)
- 26.83x
- P/B (x)
- 5.26x
- Dividend Yield %
- 0.00%
- 14.37x
- EPS (₹)
- 6.51
- Book Value (₹)
- 36.80
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 7.25
- Operating Margin %
- 17.91%
- Net Margin %
- 12.81%
- ROE %
- 22.68%
- ROCE %
- 30.12%
- 13.62%
- Debtor Days
- 87
- Inventory Days
- 0
- Payable Days
- 0
- 87
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 26.45x
- 2.57x
- Revenue Growth %
- 7.81%
- Operating Profit Growth %
- 39.52%
- Net Profit Growth %
- 61.25%
- 52.00%
- P/E (x)
- 59.51x
- P/B (x)
- 10.53x
- Dividend Yield %
- 0.00%
- 36.64x
- EPS (₹)
- 8.09
- Book Value (₹)
- 95.37
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.10
- Operating Margin %
- 7.95%
- Net Margin %
- 13.53%
- ROE %
- 12.25%
- ROCE %
- 14.67%
- 9.03%
- Debtor Days
- 80
- Inventory Days
- 0
- Payable Days
- 0
- 80
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 39.85x
- 3.68x
- Revenue Growth %
- 17.85%
- Operating Profit Growth %
- -8.53%
- Net Profit Growth %
- 24.53%
- 24.35%
- P/E (x)
- 25.52x
- P/B (x)
- 2.17x
- Dividend Yield %
- 0.00%
- 20.24x
Documents
Announcements
- Acquisition
2026-08-21 - IRIS RegTech Solutions Limited has informed the Exchange about Incorporation of Wholly Owned Subsidiary.
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-19 - IRIS RegTech Solutions Limited has informed the Exchange about Schedule of meet.
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

