Iris Clothings Limited engages in the design, manufacture, and sale of kids wear in India.
Adequate balance sheet with proven track record.
Share Price & News
How has Iris Clothings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IRISDOREME's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: IRISDOREME exceeded the Indian Luxury industry which returned 18.2% over the past year.
Return vs Market: IRISDOREME exceeded the Indian Market which returned 10.7% over the past year.
Price Volatility Vs. Market
How volatile is Iris Clothings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StA Rising Share Price Has Us Looking Closely At Iris Clothings Limited's (NSE:IRISDOREME) P/E Ratio
1 month ago | Simply Wall StWhy You Should Like Iris Clothings Limited’s (NSE:IRISDOREME) ROCE
1 month ago | Simply Wall StWe Think Iris Clothings (NSE:IRISDOREME) Is Taking Some Risk With Its Debt
Is Iris Clothings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate IRISDOREME's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate IRISDOREME's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: IRISDOREME is poor value based on its PE Ratio (12.7x) compared to the Luxury industry average (11.2x).
PE vs Market: IRISDOREME is good value based on its PE Ratio (12.7x) compared to the Indian market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IRISDOREME's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IRISDOREME is overvalued based on its PB Ratio (2.5x) compared to the IN Luxury industry average (0.5x).
How is Iris Clothings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Check out Iris Clothings's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Iris Clothings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Iris Clothings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IRISDOREME has high quality earnings.
Growing Profit Margin: IRISDOREME's current net profit margins (8.4%) are higher than last year (7.2%).
Past Earnings Growth Analysis
Earnings Trend: IRISDOREME's earnings have grown significantly by 40.7% per year over the past 5 years.
Accelerating Growth: IRISDOREME's earnings growth over the past year (20%) is below its 5-year average (40.7% per year).
Earnings vs Industry: IRISDOREME earnings growth over the past year (20%) exceeded the Luxury industry 5.6%.
Return on Equity
High ROE: IRISDOREME's Return on Equity (16.1%) is considered low.
Return on Assets
Return on Capital Employed
How is Iris Clothings's financial position?
Financial Position Analysis
Short Term Liabilities: IRISDOREME's short term assets (₹493.6M) exceed its short term liabilities (₹415.1M).
Long Term Liabilities: IRISDOREME's short term assets (₹493.6M) exceed its long term liabilities (₹59.8M).
Debt to Equity History and Analysis
Debt Level: IRISDOREME's debt to equity ratio (84.1%) is considered high.
Reducing Debt: IRISDOREME's debt to equity ratio has reduced from 441.4% to 84.1% over the past 5 years.
Debt Coverage: IRISDOREME's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IRISDOREME's interest payments on its debt are well covered by EBIT (4.6x coverage).
Inventory Level: IRISDOREME has a high level of physical assets or inventory.
Debt Coverage by Assets: IRISDOREME's debt is covered by short term assets (assets are 1.9x debt).
What is Iris Clothings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate IRISDOREME's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate IRISDOREME's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IRISDOREME's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Santhosh Ladha 0
Santhosh Ladha is Managing Director and Director at Iris Clothings Limited.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.6%.
Iris Clothings Limited's company bio, employee growth, exchange listings and data sources
- Name: Iris Clothings Limited
- Ticker: IRISDOREME
- Exchange: NSEI
- Founded: 2004
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹745.789m
- Shares outstanding: 4.66m
- Website: https://www.irisclothings.in
Number of Employees
- Iris Clothings Limited
- 103/24/1, Foreshore Road
- Binani Metal Compound
- West Bengal
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IRISDOREME||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Oct 2018|
Iris Clothings Limited engages in the design, manufacture, and sale of kids wear in India. It offers tops, T-shirts, pants, shorts, frocks, dresses, and towels for infants, boys, girls, women, and men under the DoReMe brand name. The company was founded in 2004 and is based in Howrah, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 13:35|
|End of Day Share Price||2020/02/19 00:00|
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.