Iris Clothings Ltd.
Snapshot View

155.00 +1.80 ▲1.2%

23 July 2021, 03:51:13 P.M.
Volume: 87,396

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile Compare with Industry peers
Website https://www.irisclothings.in
Financial Indicators
Market Cap 252.87 Cr.
Earnings per share (EPS) 4.00 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 38.71 Trailing Twelve Months Ending 2021-03
Industry PE 26.67 Trailing Twelve Months Ending 2021-03
Book Value / Share 28.14 Trailing Twelve Months Ending 2021-03
Price to Book Value 5.51 Calculated using Price: 155.00
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.63 Cr. 16,314,127 Shares
FaceValue 10
Company Profile

Iris Clothings (ICL) was started as a proprietary firm named Iris Clothings in the year 2004 doing contract manufacturing for other brands. By August 27, 2011, the company got incorporated as 'Iris Clothings Private Limited' under the Provisions of the Companies Act, 1956. It subsequently converted into a Public Limited Company and consequently name was changed to 'Iris Clothings Limited' and Fresh Certificate of Incorporation was issued by the Registrar of Companies, West Bengal on July 24, 2018.

The company was promoted by Santosh Ladha and Geeta Ladha have industry experience of almost more than 15 years and are the guiding force behind all the strategic decisions of the company. Their entrepreneurial vision, industry knowledge and understanding gives the company key competitive advantage enabling it to cater with the changing customer tastes and preferences, cost effectively.

Iris Clothings has an active distribution network of over 60 districts across cities with reach to more than 4000 + retailers. The company has more than 600 employees on its payroll.

Business area of the Company:

Iris Clothings is engaged in the Manufacturing, Designing, Branding and Selling of Kids Wear under the brand name 'Do R eMe' in India. 'Do Re Me' caters to the Kids Wear category mostly juniors including various kinds of apparels and related products for all Infants, Boys and Girls. It has been able to establish its brand 'Do Re Me' as a mid-market, comfortable and high quality junior Kids Wear brand. The company makes different kinds of products like Tops, T-shirts, Pants, Shorts, Frock, Dresses, and Towels among others catering to Kids Wear category.

Key Events and Mile Stones:

  • 2011: Incorporation of the company as a Private Company
  • 2012: Corporatization of business of the Proprietorship firm Iris Clothings into the company by way of acquisition of entire business, assets and liabilities of the firm including the brand DOREME.
  • 2016: The company acquired land at M J Industrial Park, Satghoria, Panchla, Howrah West Bengal as a major step towards its expansion plans increasing its manufacturing capabilities.
  • 2016: The company started sale of its products through online e-commerce channels like FirstCry.
  • 2018: The company converted itself from Private to Public.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.17%
1 Week
+3.85%
1 Month
+29.17%
3 Month
+65.25%
6 Month
+164.96%
1 Year
+287.50%
2 Year
+330.56%
5 Year
7 years 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 17.32 5.98 14.35 28.37 39.97 26.13 12.97
Return on Capital Employed (%) 12.11 12.18 15.24 19.45 25.05 21.81 16.28
Return on Assets (%) 2.32 0.81 2.24 5.27 8.88 9.86 5.52

Balance Sheet View Details

Particulars 7 years 2014-03 Rs. Cr. 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 4 4 5 6 10 29 32
Non Curr. Liab. 3 2 3 5 6 4 11
Curr. Liab. 23 24 19 22 25 29 38
Minority Int.
Equity & Liab. 29 30 27 33 41 61 81
Non Curr. Assets 10 9 9 12 15 25 35
Curr. Assets 20 21 19 21 26 36 47
Misc. Exp. not W/O 0 0 0
Total Assets 29 30 27 33 41 61 81

Profit Loss View Details

Particulars 7 years 2014-03 Rs. Cr. 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 25 30 36 47 53 62 61
Other Income 0 0 1 0 0 0 0
Total Income 25 30 37 47 53 62 61
Total Expenditure -21 -26 -33 -41 -44 -51 -47
PBIDT 4 4 4 5 9 11 14
Interest -2 -2 -2 -2 -2 -2 -3
Depreciation -1 -1 -1 -1 -2 -2 -5
Taxation 0 0 0 -1 -1 -2 -2
Exceptional Items
PAT 1 0 1 2 3 5 4

Cash Flow View Details

Particulars 7 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -3 2 5 7 3 1 6
Cash Fr. Inv. 1 -1 0 -8 -6 -12 -7
Cash Fr. Finan. 2 -1 -6 1 2 11 2
Net Change 0 0 0 0 0 0 0
Cash & Cash Eqvt 0 0 0 0 0 0 0

Shareholding Pattern View Details

7 Qtrs 2018-03 (%) 2019-03 (%) 2019-09 (%) 2020-03 (%) 2020-09 (%) 2021-03 (%) 2021-06 (%)
Promoter 91.57 67.40 67.40 67.40 67.40 67.44 67.59
Public 8.43 32.60 32.60 32.61 32.60 32.56 32.41
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 16 Jul 2021
Certificate under SEBI (Depositories and Participants) Regulations, 2018
Iris Clothings Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
Thu, 01 Jul 2021
Trading Window
Iris Clothings Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
Fri, 18 Jun 2021
Updates
Iris Clothings Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'.

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone

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