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IRIS Business Services NSEI:IRIS Stock Report

Last Price

₹153.65

Market Cap

₹3.0b

7D

10.1%

1Y

97.4%

Updated

05 May, 2024

Data

Company Financials

IRIS Business Services Limited

NSEI:IRIS Stock Report

Market Cap: ₹3.0b

IRIS Stock Overview

IRIS Business Services Limited, together with its subsidiaries, provides software products, services, and solutions for compliance, data, and analytics in India, the Middle East, the Asia Pacific, Africa, the United States, Europe, the United Kingdom, and internationally.

IRIS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

IRIS Business Services Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for IRIS Business Services
Historical stock prices
Current Share Price₹153.65
52 Week High₹164.90
52 Week Low₹75.35
Beta1.26
1 Month Change14.71%
3 Month Change12.56%
1 Year Change97.37%
3 Year Changen/a
5 Year Changen/a
Change since IPO-2.54%

Recent News & Updates

Recent updates

Optimistic Investors Push IRIS Business Services Limited (NSE:IRIS) Shares Up 35% But Growth Is Lacking

May 01
Optimistic Investors Push IRIS Business Services Limited (NSE:IRIS) Shares Up 35% But Growth Is Lacking

Here's Why We Think IRIS Business Services (NSE:IRIS) Might Deserve Your Attention Today

Apr 23
Here's Why We Think IRIS Business Services (NSE:IRIS) Might Deserve Your Attention Today

IRIS Business Services Limited's (NSE:IRIS) Popularity With Investors Under Threat As Stock Sinks 29%

Mar 14
IRIS Business Services Limited's (NSE:IRIS) Popularity With Investors Under Threat As Stock Sinks 29%

Do IRIS Business Services' (NSE:IRIS) Earnings Warrant Your Attention?

Nov 08
Do IRIS Business Services' (NSE:IRIS) Earnings Warrant Your Attention?

Do IRIS Business Services' (NSE:IRIS) Earnings Warrant Your Attention?

Jul 26
Do IRIS Business Services' (NSE:IRIS) Earnings Warrant Your Attention?

Shareholder Returns

IRISIN SoftwareIN Market
7D10.1%2.4%0.5%
1Y97.4%70.9%44.7%

Return vs Industry: IRIS exceeded the Indian Software industry which returned 70.9% over the past year.

Return vs Market: IRIS exceeded the Indian Market which returned 44.7% over the past year.

Price Volatility

Is IRIS's price volatile compared to industry and market?
IRIS volatility
IRIS Average Weekly Movement8.0%
Software Industry Average Movement7.3%
Market Average Movement6.7%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.2%

Stable Share Price: IRIS's share price has been volatile over the past 3 months.

Volatility Over Time: IRIS's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000396Swami Subramaniamwww.irisbusiness.com

IRIS Business Services Limited, together with its subsidiaries, provides software products, services, and solutions for compliance, data, and analytics in India, the Middle East, the Asia Pacific, Africa, the United States, Europe, the United Kingdom, and internationally. It operates through three segments: Collect, Create, and Consume. The company offers IRIS iDEAL, a regulatory reporting application for banks and financial institutions; IRIS CARBON, an application for XBRL or inline XBRL-based financial report filings; IRIS GST Software, a filing solution with an ERP connector, reconciliation module, vendor management, and informative MIS and reports; IRIS IRP, a connection solution for taxpayers; IRIS E-Invoicing, an e-invoicing solution with integrated GST compliance and reconciliation; IRIS Zircon, a collection of APIs for GST, Eway bill, and e-invoicing for enterprises and partners; and IRI LMS, a DT and IDT litigation management tool offered to simplify GST audits and litigations for enterprises.

IRIS Business Services Limited Fundamentals Summary

How do IRIS Business Services's earnings and revenue compare to its market cap?
IRIS fundamental statistics
Market cap₹2.97b
Earnings (TTM)₹55.70m
Revenue (TTM)₹925.00m

53.4x

P/E Ratio

3.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IRIS income statement (TTM)
Revenue₹925.00m
Cost of Revenue₹488.89m
Gross Profit₹436.11m
Other Expenses₹380.41m
Earnings₹55.70m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 18, 2024

Earnings per share (EPS)2.88
Gross Margin47.15%
Net Profit Margin6.02%
Debt/Equity Ratio22.5%

How did IRIS perform over the long term?

See historical performance and comparison
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