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IRIS

Iris Clothings NSEI:IRISDOREME Stock Report

Last Price

₹203.20

Market Cap

₹3.3b

7D

3.1%

1Y

66.1%

Updated

29 Jun, 2022

Data

Company Financials
IRISDOREME fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends0/6

IRISDOREME Stock Overview

Iris Clothings Limited engages in the design, manufacture, and sale of readymade garments in India.

Iris Clothings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Iris Clothings
Historical stock prices
Current Share Price₹203.20
52 Week High₹258.80
52 Week Low₹119.15
Beta0.047
1 Month Change-6.75%
3 Month Change2.96%
1 Year Change66.08%
3 Year Changen/a
5 Year Changen/a
Change since IPO690.22%

Recent News & Updates

May 08
Iris Clothings' (NSE:IRISDOREME) Earnings Are Weaker Than They Seem

Iris Clothings' (NSE:IRISDOREME) Earnings Are Weaker Than They Seem

Despite posting some strong earnings, the market for Iris Clothings Limited's ( NSE:IRISDOREME ) stock hasn't moved...

Mar 15
Iris Clothings (NSE:IRISDOREME) Has A Pretty Healthy Balance Sheet

Iris Clothings (NSE:IRISDOREME) Has A Pretty Healthy Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

IRISDOREMEIN LuxuryIN Market
7D3.1%0.8%3.0%
1Y66.1%13.8%0.3%

Return vs Industry: IRISDOREME exceeded the Indian Luxury industry which returned 14.2% over the past year.

Return vs Market: IRISDOREME exceeded the Indian Market which returned 0.6% over the past year.

Price Volatility

Is IRISDOREME's price volatile compared to industry and market?
IRISDOREME volatility
IRISDOREME Average Weekly Movement5.7%
Luxury Industry Average Movement7.7%
Market Average Movement7.0%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: IRISDOREME is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: IRISDOREME's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20041,380Santosh Ladhahttps://www.irisclothings.in

Iris Clothings Limited engages in the design, manufacture, and sale of readymade garments in India. The company offers tops, T-shirts, shorts, trousers, loungewear/nightwear sets, dresses, and accessories for infants, toddlers, boys, girls, women, and men. It sells its products under the DoReMe and Oxcgen brand names.

Iris Clothings Fundamentals Summary

How do Iris Clothings's earnings and revenue compare to its market cap?
IRISDOREME fundamental statistics
Market Cap₹3.32b
Earnings (TTM)₹101.47m
Revenue (TTM)₹1.12b

32.7x

P/E Ratio

3.0x

P/S Ratio

Is IRISDOREME overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
IRISDOREME income statement (TTM)
Revenue₹1.12b
Cost of Revenue₹578.46m
Gross Profit₹536.75m
Other Expenses₹435.28m
Earnings₹101.47m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)6.22
Gross Margin48.13%
Net Profit Margin9.10%
Debt/Equity Ratio52.4%

How did IRISDOREME perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is IRISDOREME undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for IRISDOREME?

Other financial metrics that can be useful for relative valuation.

IRISDOREME key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.3x
Enterprise Value/EBITDA17x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does IRISDOREME's PE Ratio compare to its peers?

IRISDOREME PE Ratio vs Peers
The above table shows the PE ratio for IRISDOREME vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average35.2x
539518 Uday Jewellery Industries
40.4xn/a₹2.3b
542725 SBC Exports
33.7xn/a₹1.2b
542579 Ashapuri Gold Ornament
33.2xn/a₹1.0b
540252 Veeram Securities
33.7xn/a₹1.3b
IRISDOREME Iris Clothings
32.7xn/a₹3.3b

Price-To-Earnings vs Peers: IRISDOREME is good value based on its Price-To-Earnings Ratio (32.7x) compared to the peer average (35.2x).


Price to Earnings Ratio vs Industry

How does IRISDOREME's PE Ratio compare vs other companies in the IN Luxury Industry?

Price-To-Earnings vs Industry: IRISDOREME is expensive based on its Price-To-Earnings Ratio (32.7x) compared to the Indian Luxury industry average (12.1x)


Price to Earnings Ratio vs Fair Ratio

What is IRISDOREME's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IRISDOREME PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio32.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate IRISDOREME's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of IRISDOREME when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate IRISDOREME's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate IRISDOREME's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate IRISDOREME's PEG Ratio to determine if it is good value.


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Future Growth

How is Iris Clothings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


27.7%

Forecasted Consumer Durables industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Iris Clothings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

Past Performance

How has Iris Clothings performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


29.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: IRISDOREME has a high level of non-cash earnings.

Growing Profit Margin: IRISDOREME's current net profit margins (9.1%) are higher than last year (7.4%).


Past Earnings Growth Analysis

Earnings Trend: IRISDOREME's earnings have grown significantly by 29.1% per year over the past 5 years.

Accelerating Growth: IRISDOREME's earnings growth over the past year (55.3%) exceeds its 5-year average (29.1% per year).

Earnings vs Industry: IRISDOREME earnings growth over the past year (55.3%) underperformed the Luxury industry 83.8%.


Return on Equity

High ROE: IRISDOREME's Return on Equity (20.8%) is considered high.


Discover strong past performing companies

Financial Health

How is Iris Clothings's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: IRISDOREME's short term assets (₹609.1M) exceed its short term liabilities (₹384.8M).

Long Term Liabilities: IRISDOREME's short term assets (₹609.1M) exceed its long term liabilities (₹66.1M).


Debt to Equity History and Analysis

Debt Level: IRISDOREME's net debt to equity ratio (49.5%) is considered high.

Reducing Debt: IRISDOREME's debt to equity ratio has reduced from 281.2% to 52.4% over the past 5 years.

Debt Coverage: IRISDOREME's debt is not well covered by operating cash flow (3.8%).

Interest Coverage: IRISDOREME's interest payments on its debt are well covered by EBIT (6.6x coverage).


Balance Sheet


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Dividend

What is Iris Clothings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate IRISDOREME's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate IRISDOREME's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if IRISDOREME's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IRISDOREME's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as IRISDOREME has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.9yrs

Average management tenure


CEO

Santosh Ladha

3.92yrs

Tenure

₹12,000,000

Compensation

Mr. Santosh Ladha serves as Managing Director at Iris Clothings Limited since July 27, 2018 and serves as its Director. He has experience in the textile industry. He is the founder promoter of the Iris Clo...


CEO Compensation Analysis

Compensation vs Market: Santosh's total compensation ($USD151.88K) is above average for companies of similar size in the Indian market ($USD38.25K).

Compensation vs Earnings: Santosh's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: IRISDOREME's management team is considered experienced (3.9 years average tenure).


Board Members

Experienced Board: IRISDOREME's board of directors are considered experienced (3.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: IRISDOREME insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Iris Clothings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Iris Clothings Limited
  • Ticker: IRISDOREME
  • Exchange: NSEI
  • Founded: 2004
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Implied Market Cap: ₹3.315b
  • Shares outstanding: 16.31m
  • Website: https://www.irisclothings.in

Number of Employees


Location

  • Iris Clothings Limited
  • 103/24/1, Foreshore Road
  • Binani Metal Compound
  • Howrah
  • West Bengal
  • 711102
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.