IRIS Business Services
Market Cap
₹566.4m
Last Updated
2020/09/18 19:22 UTC
Data Sources
Company Financials
Executive Summary
IRIS Business Services Limited, together with its subsidiaries, provides software products, services, and solutions for compliance, data, and analytics in the United States, Canada, Europe, the Asia Pacific, India, the Middle East, Africa, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Acceptable track record with imperfect balance sheet.
Similar Companies
Share Price & News
How has IRIS Business Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 540735's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
1.7%
540735
5.4%
IN Software
1.3%
IN Market
1 Year Return
42.5%
540735
18.2%
IN Software
4.3%
IN Market
Return vs Industry: 540735 exceeded the Indian Software industry which returned 22.6% over the past year.
Return vs Market: 540735 exceeded the Indian Market which returned 9.5% over the past year.
Shareholder returns
| 540735 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.7% | 5.4% | 1.3% |
| 30 Day | 18.1% | 8.3% | 1.8% |
| 90 Day | 94.8% | 46.7% | 13.8% |
| 1 Year | 42.5%42.5% | 23.6%18.2% | 6.3%4.3% |
| 3 Year | n/a | 15.8%4.8% | 4.4%-0.5% |
| 5 Year | n/a | 13.0%-2.5% | 46.0%35.1% |
Price Volatility Vs. Market
How volatile is IRIS Business Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is IRIS Business Services undervalued compared to its fair value and its price relative to the market?
121.45x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 540735 (₹30) is trading above our estimate of fair value (₹5.65)
Significantly Below Fair Value: 540735 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 540735 is poor value based on its PE Ratio (121.5x) compared to the IN Software industry average (13.5x).
PE vs Market: 540735 is poor value based on its PE Ratio (121.5x) compared to the Indian market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 540735's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 540735 is overvalued based on its PB Ratio (2.3x) compared to the IN Software industry average (1.3x).
Next Steps
Future Growth
How is IRIS Business Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
14.2%
Forecasted Software 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 Business Services 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.
Next Steps
- Take a look at our analysis of 540735’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- IRIS Business Services competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
Past Performance
How has IRIS Business Services performed over the past 5 years?
9.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 540735 has high quality earnings.
Growing Profit Margin: 540735 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 540735 has become profitable over the past 5 years, growing earnings by 9.8% per year.
Accelerating Growth: 540735 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 540735 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (-2%).
Return on Equity
High ROE: 540735's Return on Equity (1.9%) is considered low.
Next Steps
Financial Health
How is IRIS Business Services's financial position?
Financial Position Analysis
Short Term Liabilities: 540735's short term assets (₹359.7M) exceed its short term liabilities (₹320.8M).
Long Term Liabilities: 540735's short term assets (₹359.7M) exceed its long term liabilities (₹65.2M).
Debt to Equity History and Analysis
Debt Level: 540735's debt to equity ratio (44.8%) is considered high.
Reducing Debt: 540735's debt to equity ratio has increased from 25.7% to 44.8% over the past 5 years.
Debt Coverage: 540735's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: 540735's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
Next Steps
Dividend
What is IRIS Business Services's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 540735's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 540735'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 540735's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 540735'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 540735's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
16.1yrs
Average management tenure
CEO
Swami Subramaniam (58 yo)
5.58yrs
Tenure
₹3,000,000
Compensation
Mr. Swaminathan Subramaniam, also known as Swami, co-founded IRIS Business Services Limited in 1994 and has been its Chief Executive Officer since February 7, 2015 and Whole Time Director since October 3, ...
CEO Compensation Analysis
Compensation vs Market: Swami's total compensation ($USD40.79K) is about average for companies of similar size in the Indian market ($USD48.91K).
Compensation vs Earnings: Swami's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 5.58yrs | ₹3.00m | 25.28% ₹ 143.2m | |
| Co-Founder | 20.5yrs | ₹3.00m | 5.85% ₹ 33.1m | |
| Co-Founder | 20.5yrs | ₹3.00m | 7.66% ₹ 43.4m | |
| Company Secretary & Compliance Officer | 2.5yrs | ₹1.23m | no data | |
| Head of Sales | no data | no data | no data | |
| Head of Delivery | no data | no data | no data | |
| Head of GST Vertical & VP of Enterprise Reporting | no data | no data | no data | |
| Chief Domain Expert & Head of XBRL Consulting Team | no data | no data | no data | |
| Head of Consulting & Principal of XBRL Consulting Team | no data | no data | no data |
16.1yrs
Average Tenure
57yo
Average Age
Experienced Management: 540735's management team is seasoned and experienced (16.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 5.58yrs | ₹3.00m | 25.28% ₹ 143.2m | |
| Co-Founder | 20.5yrs | ₹3.00m | 5.85% ₹ 33.1m | |
| Co-Founder | 20.5yrs | ₹3.00m | 7.66% ₹ 43.4m | |
| Non-Executive Independent Director | 2.92yrs | ₹195.00k | no data | |
| Independent Chairman | no data | ₹220.00k | no data | |
| Non-Executive Independent Director | 2.92yrs | ₹270.00k | no data |
19.9yrs
Average Tenure
57.5yo
Average Age
Experienced Board: 540735's board of directors are seasoned and experienced ( 19.9 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
IRIS Business Services Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: IRIS Business Services Limited
- Ticker: 540735
- Exchange: BSE
- Founded: 2000
- Industry: Application Software
- Sector: Software
- Market Cap: ₹566.375m
- Shares outstanding: 18.88m
- Website: https://www.irisbusiness.com
Number of Employees
Location
- IRIS Business Services Limited
- T-231, Tower 2
- 3rd Floor
- Navi Mumbai
- Maharashtra
- 400703
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 540735 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Oct 2017 |
Biography
IRIS Business Services Limited, together with its subsidiaries, provides software products, services, and solutions for compliance, data, and analytics in the United States, Canada, Europe, the Asia Pacifi ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/09/18 19:22 |
| End of Day Share Price | 2020/09/16 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.