NSE
IRIS

Iris Business Services Limited

Software-Application
Technology

Prices are adjusted according to historical splits.

Iris Business Services Limited Stock Price

Vitals

Today's Low:
₹97.4
Today's High:
₹101.9
Open Price:
₹101.75
52W Low:
₹66.1
52W High:
₹127.88
Prev. Close:
₹100.6
Volume:
6885

Company Statistics

Market Cap.:
₹2.01 billion
Book Value:
16.291
Revenue TTM:
₹775.56 million
Operating Margin TTM:
6.75%
Gross Profit TTM:
₹341.07 million
Profit Margin:
5.86%
Return on Assets TTM:
4.69%
Return on Equity TTM:
14.55%

Company Profile

Iris Business Services Limited had its IPO on under the ticker symbol IRIS.

The company operates in the Technology sector and Software-Application industry. Iris Business Services Limited has a staff strength of 396 employees.

Stock update

Shares of Iris Business Services Limited opened at ₹101.75 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹97.4 - ₹101.9, and closed at ₹97.8.

This is a -2.78% slip from the previous day's closing price.

A total volume of 6,885 shares were traded at the close of the day’s session.

In the last one week, shares of Iris Business Services Limited have slipped by -7.82%.

Iris Business Services Limited's Key Ratios

Iris Business Services Limited has a market cap of ₹2.01 billion, indicating a price to book ratio of 5.4713 and a price to sales ratio of 2.3422.

In the last 12-months Iris Business Services Limited’s revenue was ₹775.56 million with a gross profit of ₹341.07 million and an EBITDA of ₹57.84 million. The EBITDA ratio measures Iris Business Services Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Iris Business Services Limited’s operating margin was 6.75% while its return on assets stood at 4.69% with a return of equity of 14.55%.

In Q2, Iris Business Services Limited’s quarterly earnings growth was a positive 33.3% while revenue growth was a positive 23.9%.

Iris Business Services Limited’s PE and PEG Ratio

Forward PE
0
Trailing PE
44.6352
PEG

Its diluted EPS in the last 12-months stands at ₹2.33 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Iris Business Services Limited’s profitability.

Iris Business Services Limited stock is trading at a EV to sales ratio of 2.2556 and a EV to EBITDA ratio of 16.445. Its price to sales ratio in the trailing 12-months stood at 2.3422.

Iris Business Services Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
₹700.98 million
Total Liabilities
₹327.41 million
Operating Cash Flow
₹0
Capital Expenditure
₹0
Dividend Payout Ratio
0%

Iris Business Services Limited ended 2024 with ₹700.98 million in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹700.98 million while shareholder equity stood at ₹315.41 million.

Iris Business Services Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹327.41 million in other current liabilities, 193612000.00 in common stock, ₹121.80 million in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹24.63 million and cash and short-term investments were ₹92.60 million. The company’s total short-term debt was ₹54,558,000 while long-term debt stood at ₹0.00.

Iris Business Services Limited’s total current assets stands at ₹544.69 million while long-term investments were ₹0 and short-term investments were ₹19.29 million. Its net receivables were ₹248.36 million compared to accounts payable of ₹11.40 million and inventory worth ₹0.

In 2024, Iris Business Services Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Iris Business Services Limited paid ₹0 in dividends in 2024.

Other key metrics

Current Trading Price
₹97.8
52-Week High
₹127.88
52-Week Low
₹66.1
Analyst Target Price

Iris Business Services Limited stock is currently trading at ₹97.8 per share. It touched a 52-week high of ₹127.88 and a 52-week low of ₹127.88. Analysts tracking the stock have a 12-month average target price of .

Its 50-day moving average was ₹95.15 and 200-day moving average was ₹82.67 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 6783.5% of the company’s stock are held by insiders while 0% are held by institutions.

Frequently Asked Questions About Iris Business Services Limited

The stock symbol (also called stock or share ticker) of Iris Business Services Limited is IRIS

The IPO of Iris Business Services Limited took place on

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About

IRIS Business Services Limited, together with its subsidiaries, provides software products, services, and solutions for compliance, data, and analytics in India, the Middle East, the Asia Pacific, Africa, the United States, Europe, the United Kingdom, and internationally. It operates through three segments: Collect, Create, and Consume. The company offers IRIS iDEAL, a regulatory reporting application for banks and financial institutions; IRIS CARBON, an application for XBRL or inline XBRL-based financial report filings; IRIS GST Software, a filing solution with an ERP connector, reconciliation module, vendor management, and informative MIS and reports; IRIS IRP, a connection solution for taxpayers; IRIS E-Invoicing, an e-invoicing solution with integrated GST compliance and reconciliation; IRIS Zircon, a collection of APIs for GST, Eway bill, and e-invoicing for enterprises and partners; and IRI LMS, a DT and IDT litigation management tool offered to simplify GST audits and litigations for enterprises. It also provides IRIS iFILE, an XBRL-based reporting platform that supports XBRL and non-XBRL data formats for regulators. In addition, the company offers IRIS iConnect, an XBRL analytics tool, enables financial professionals to extract insights from financial data reported in XBRL format; IRIS Credixo, a product for banks and fintech to make credit analysis models based on public and consented financial data of companies; and IRIS Peridot, an app for Indian taxpayers to track their own compliance and monitor the compliance of their vendors. In addition, the company offers XBRL conversion; website development and maintenance; taxonomy development and testing; and consulting and training services. It serves regulators, including central banks, business registries, capital market regulators, and stock exchanges; corporates, banks, and mutual funds; and governments. The company was incorporated in 2000 and is headquartered in Navi Mumbai, India.

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