IRISDOREME Stock Overview
Iris Clothings Limited engages in the design, manufacture, and sale of readymade garments in India.
Iris Clothings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹203.20|
|52 Week High||₹258.80|
|52 Week Low||₹119.15|
|1 Month Change||-6.75%|
|3 Month Change||2.96%|
|1 Year Change||66.08%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||690.22%|
Recent News & Updates
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...
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...
|IRISDOREME||IN Luxury||IN Market|
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.
|IRISDOREME Average Weekly Movement||5.7%|
|Luxury Industry Average Movement||7.7%|
|Market Average Movement||7.0%|
|10% most volatile stocks in IN Market||9.9%|
|10% least volatile stocks in IN Market||4.5%|
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
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
|IRISDOREME fundamental statistics|
Is IRISDOREME overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IRISDOREME income statement (TTM)|
|Cost of Revenue||₹578.46m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||6.22|
|Net Profit Margin||9.10%|
How did IRISDOREME perform over the long term?See historical performance and comparison
Is IRISDOREME undervalued compared to its fair value, analyst forecasts and its price relative to the market?
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
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.
|What is IRISDOREME's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does IRISDOREME's PE Ratio compare to its peers?
|IRISDOREME PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
539518 Uday Jewellery Industries
542725 SBC Exports
542579 Ashapuri Gold Ornament
540252 Veeram Securities
IRISDOREME Iris Clothings
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.
|Current PE Ratio||32.7x|
|Fair PE Ratio||n/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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How is Iris Clothings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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.
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How has Iris Clothings performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
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.
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How is Iris Clothings's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
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).
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What is Iris Clothings's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
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.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
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.
Experienced Management: IRISDOREME's management team is considered experienced (3.9 years average tenure).
Experienced Board: IRISDOREME's board of directors are considered experienced (3.2 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Iris Clothings Limited's 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
- Implied Market Cap: ₹3.315b
- Shares outstanding: 16.31m
- Website: https://www.irisclothings.in
Number of Employees
- Iris Clothings Limited
- 103/24/1, Foreshore Road
- Binani Metal Compound
- West Bengal
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/29 00:00|
|End of Day Share Price||2022/06/29 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.