Iris Business Services Ltd.
Snapshot View

135.00 +1.45 ▲1.1%

05 August 2021, 04:00:00 P.M.
Volume: 52,000

Overview View Details

Sector Information Technology Compare with Sector peers
Industry BPO/ITeS Compare with Industry peers
Website http://www.irisbusiness.com
Financial Indicators
Market Cap 259.45 Cr.
Earnings per share (EPS) 1.41 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 95.49 Trailing Twelve Months Ending 2021-03
Industry PE 43.43 Trailing Twelve Months Ending 2021-03
Book Value / Share 13.17 Trailing Twelve Months Ending 2021-03
Price to Book Value 10.25 Calculated using Price: 135.00
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.92 Cr. 19,218,162 Shares
FaceValue 10
Company Profile

The company was incorporated under the provisions of Companies Act, 1956 as ‘IRISBusiness.com (India) Private Limited’ in Mumbai vide Certificate of Incorporation issued by Registrar of Companies, Mumbai on October 3, 2000. It was converted into a public limited company pursuant to shareholders resolution passed at Extra-ordinary General Meeting of the Company held on May 13, 2010 and the name of the company was changed to IRIS Business Services Limited and a fresh certificate of incorporation consequent upon Conversion of Private Company to Public Limited dated June 29, 2010 was issued by Registrar of Companies, Maharashtra, Mumbai.

Business area of the Company:

The company is a global provider of software products for compliance, data and analytics. It has developed a name for itself in the global RegTech Industry with a range of products that straddle the length of the information supply chain.  It caters to Regulators including Central Banks, Business Registries, Capital Market Regulators and Stock Exchanges. It also provides solutions to the regulated, including Corporates, Banks, Mutual Funds and is operating in the domestic as well as overseas markets. It also provides IRIS Data Consumption Platform, a structured data repository to access financial and non-financial data of public and private companies; IRIS FinX - an integrated consolidation application which enables end to end financial reporting by extracting data from source ERP systems, multiple databases, or spreadsheets; and IRIS GST - an application to file GST as well as XBRL conversion, consulting and training services.

Major Milestones of the Company:

  • 1998: XBRL is born.
  • 2005: Edgar Online contracts IRIS to convert historical filings of US Companies into XBRL.
  • 2006: ICERS built on iFile for BSE.
  • 2007: CFDS built on iFile for BSE/NSE.
  • 2008: RBI adopts iFile for Capital Adequacy Returns.
  • 2009: Merrill Corp awards XBRL conversion contract to IRIS to meet US SEC mandate.
  • 2009: iFile in Macedonia in partnership with ERS of Ireland.
  • 2009: Pilot iFile implementation for JSE, South Africa.
  • 2010: iFile in USA for ESCA.
  • 2010: Taxonomy for XBRL, SA and JSE developed with Deloitte. Full iFile implementation for JSE.
  • 2011: Deloitte awards iXBRL conversion contract for UK.
  • 2011: iDeal implemented in Canara Bank and several Mutual Funds.
  • 2012: iFile 2nd phase for RBI.
  • 2013: Carbon: Enterprise SaaS product development begins.
  • 2013: iFile in Saudi Arabia for Tadawul goes live.
  • 2014: ACRA’s BizFinX Platform based on iFile goes live.
  • 2014: iDeal gets its 100th customer.
  • 2014: Work begins on DCP, Data Analytics Platform.
  • 2014: iFile goes live in Qatar.
  • 2015: iDeal e-audit solution launched in Turkey.2015: Work starts on version 4 of iFile.
  • 2015: iDeal wins first international client, AfrAsia Bank.
  • 2015: iFile implementation at MCI (Saudi Arabia), DBD (Thailand), and Bank of Mauritius goes live. iFile SaaS model launched with CBRD, Mauritius.
  • 2016: Large instance XBRL validator built, opens up new opportunities.
  • 2016: iFile 3rd phase for RBI awarded to IRIS.
  • 2016: iFile implementation begins in Kuwait CMA.
  • 2016: Early customers for CARBON in US, Italy markets.
  • 2016: FATCA reporting solution launched for BFSI segment.
  • 2017: iFile implementation begins in Malaysia SSM and SCM, Jordon Stock Exchange, CIPC South Africa.
  • 2017: IRIS selected as GSP, launches GST solution.
  • 2017: Vice President of India inaugurates SAI Portal built by IRIS.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.09%
1 Week
+11.11%
1 Month
+55.17%
3 Month
+196.70%
6 Month
+264.86%
1 Year
+373.68%
2 Year
+610.53%
5 Year
6 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 7.43 -20.62 -44.21 -21.11 -22.75 1.92
Return on Capital Employed (%) 9.10 -11.23 -24.13 -8.69 -9.05 5.77
Return on Assets (%) 4.12 -10.41 -17.21 -7.75 -8.92 0.73

Balance Sheet View Details

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 35 29 19 30 24 25
Non Curr. Liab. 6 14 10 8 7 7
Curr. Liab. 22 20 30 35 32 32
Minority Int. 0 0 0 0
Equity & Liab. 63 64 60 73 63 63
Non Curr. Assets 34 38 38 37 33 27
Curr. Assets 29 26 22 37 31 36
Misc. Exp. not W/O 0
Total Assets 63 64 60 73 63 63

Profit Loss View Details

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 54 32 27 35 40 51
Other Income 2 3 0 1 1 1
Total Income 57 35 28 36 41 52
Total Expenditure -47 -35 -33 -35 -41 -43
PBIDT 10 -1 -5 1 0 8
Interest -1 -2 -2 -2 -2 -2
Depreciation -6 -5 -5 -4 -4 -6
Taxation 0 0 2 0 -1 0
Exceptional Items 0
PAT 3 -7 -11 -5 -6 0

Cash Flow View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 8 4 -3 1 2
Cash Fr. Inv. -11 -5 -3 0 0
Cash Fr. Finan. 7 -4 11 -4 -3
Net Change 3 -6 5 -3 -2
Cash & Cash Eqvt 6 0 5 2 1

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 39.31 39.31 38.78 38.78 38.78 38.78 38.78 38.69 38.10
Public 60.69 60.69 61.22 61.22 61.22 61.22 61.22 61.31 61.90
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 30.00 30.00 30.41 30.41 30.41 30.41 30.41 30.41 30.41

Announcements View Details

Sat, 24 Jul 2021
Newspaper Advertisement - Intimation Of The Twenty-First Annual General Meeting Of The Company And E-Voting Instructions.
We hereby submit the copies of Notice published in todays Business Standard (Published in English in all editions across India; copy of Mumbai edition is attached) Free Press Journal (Published in English in Mumbai edition; copy of Mumbai edition is attached) and Navshakti (Mumbai edition in Marathi) by the Company in relation to inter-alia e-voting information for Twenty-first Annual General Meeting of the Company scheduled on Saturday 14th August 2021 at 11:00 am (IST) through Video Conferencing / Other Audio-Visual Means in compliance with Section 108 of the Companies Act 2013 read with Rule 20 of Companies (Management and Administration) Rules 2014 as amended and Regulation 44 of SEBI Listing Regulations.
Thu, 22 Jul 2021
Reg. 34 (1) Annual Report
We hereby submit the Annual Report of the Company for the financial year 2020-21 pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. A copy of the Annual Report is also available on the website of the company.
Thu, 22 Jul 2021
Notice Of The Twenty-First Annual General Meeting Of The Company.
We hereby submit the Notice and the Explanatory Statement of the Twenty-First Annual General Meeting (AGM) of the Company be held through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) on Saturday 14th August 2021 at 11:00 am (IST) pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed herewith. The said Notice forms part of the Annual Report for the financial year 2020-21 and is being sent through electronic mode to the shareholders of the Company.
A copy of the Notice is also available on the website of the Company.

Technical Scans View Details

Thu, 05 Aug 2021
High Delivery Percentage High Delivery Percentage
Higher Delivery Quantity Higher Delivery Quantity
Higher Delivery Quantity and Percentage Higher Delivery Quantity and Percentage
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity

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