1. India Stocks

  2. •

    Technology services

  3. •

    Data processing services
IRIS RegTech Solutions Limited

IRIS RegTech Solutions Limited

203.64
INR
-1.46
(-0.71%)
6.20EPS
4.33P/E
5.42BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
48.8
39.41
23.18
19.66
21.53
21.13
27.01
30.27
32
38.28
52.84
55.12
62.38
66.08
Basic EPS, GAAP
6.4
2.13
-5.42
-7.63
-3.18
-3.23
0.25
2.19
0.52
2.22
4.49
6.55
61.41
60.88
Free Cash Flow per Basic Share
1.62
-0.46
-3.05
-1.19
-3.91
0.16
0.67
5.56
-0.82
1.68
4.04
10.2
46.91
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
17.51
18.68
14.87
10.07
15.95
12.8
11.63
13.75
14.19
16.29
21.15
36.85
97.59
- -
Tangible Book Value per Share
10.39
8.87
0.88
-4.34
2.18
0.76
2.46
7.37
10.14
13.48
18.64
31.68
90.63
- -
Basic Weighted Avg Shares
14
14
14
14
16
19
19
19
19
19
19
20
21
21
Sales/Revenue/Turnover
678
547
322
273
350
399
510
571
613
736
1,023
1,097
1,285
1,361
Operating Margin (%)
22.53
7.4
-23.6
-30.56
-5.79
-6.75
4.55
10.47
4.04
7.01
10.97
15.03
7.32
4.34
Depreciation Expense
39
55
46
46
45
41
62
63
52
47
45
15
21
30
Net Income, GAAP
89
30
-75
-106
-52
-61
5
41
10
43
87
130
1,265
1,253
Effective Tax Rate (%)
29.34
- -
- -
- -
- -
- -
14.98
- -
38.19
17.62
13.94
28.74
17.53
16.91
Profit Margin (%)
13.11
5.41
-23.4
-38.81
-14.79
-15.31
0.91
7.24
1.63
5.81
8.5
11.88
98.44
92.12
Working Capital
152
97
47
-88
16
-15
10
81
139
217
308
603
1,164
- -
LT Debt
81
40
121
98
69
46
32
1
1
1
9
7
4
- -
Total Equity
331
353
281
190
301
242
220
260
273
316
411
761
2,007
- -
Return on Invested Capital (%)
22.39
- -
- -
- -
- -
- -
3.36
- -
3.66
11.37
22.73
18.13
5.41
- -
Return on Capital (%)
25.57
- -
- -
- -
- -
- -
4.58
- -
4.29
13.54
21.75
20.43
89.54
- -
Return on Common Equity (%)
31.14
8.67
-23.79
-45.03
-21.04
-22.5
2.02
17.23
3.75
14.53
23.98
22.34
91.53
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
12
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
4
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
21
21
21
Market Capitalization
6,284
4,338
5,419

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,625
- -
Cash, Cash Equivalents & STI
- -
1,030
- -
Accounts Receivable, Net
- -
275
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
461
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
12
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
31.54%
59.9%
163.78%
Free Cash Flow
142.77%
51.16%
376.24%
Net Income, GAAP
196.31%
255.28%
870.84%
Sales/Revenue/Turnover
15.75%
18.14%
17.16%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
276
269
289
297
1,097
2026
252
286
356
392
1,285
2027
328
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.49
2
1.83
1.39
6.55
2026
0.11
56.87
2.58
2.02
61.41
2027
-0.47
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Krishnan Balachandran
Full Time Employees
552
Sector
Technology services
Industry
Data processing services
Address
Office No. 1405, 14th Floor Navi Mumbai MA India 400703
IPO Date
Oct 11, 2017
Website
irisbusiness.com
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Business
IRIS Business Services Limited IRIS Business Services Limited (IRIS.NS) provides regulatory technology (RegTech) software-as-a-service (SaaS) solutions focused on compliance, data management, financial reporting, and analytics for enterprises, regulators, and financial institutions worldwide. The company offers IRIS CARBON for XBRL/iXBRL-based financial and sustainability reporting including disclosure management and ESG modules; IRIS iFile and COLLECT platforms for regulators to gather and process financial data; IRIS GST and tax technology solutions for e-invoicing, VAT compliance, notice management, and analytics; Peridot for MSME tools covering invoicing, government scheme matching, and lending; as well as SupTech platforms for supervisory oversight and IRIS Myeinvois for e-invoicing in markets like Malaysia. Headquartered in Navi Mumbai, India, with subsidiaries in the USA, Singapore, and Italy, plus an affiliate in the UAE, IRIS Business Services Limited operates in over 50 countries across Africa, Europe, the Middle East, Asia Pacific, and the Americas, targeting sectors such as banking, utilities, and corporate governance. Founded in 2000 and listed on the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE), the company leverages AI, machine learning, and XBRL standards to serve clients including Gap Inc., central banks, and tax authorities. In recent developments, shareholders approved a rebranding to IRIS RegTech Solutions Limited as of November 2025 to emphasize its RegTech focus; the company divested its Tax Technology ASP business to Sovos in 2025 following a long-standing partnership, recording exceptional income; acquired a 48.99% stake in IRIS Logix Solutions Pvt Ltd in July 2025 for Rs 151.24 crore, making it a wholly-owned subsidiary before transferring 5% to Sovos; secured a six-year XBRL financial reporting contract with Qatar's General Tax Authority in September 2025; signed MOUs with the governments of Goa, Karnataka, and Telangana for MSME initiatives; launched SaaS platforms, IRIS Peridot MSME app, and enhancements to disclosure management; and reported Q2 FY2026 earnings with growth in SaaS and investments in sales for Europe and North America expansion.