IRIS RegTech Solutions
- Market cap
- ₹ 417 Cr.
- P/E
- 32.5x
- P/B
- 2.09x
- 52-week range
- 191 – 388.1
- ROE
- 90%
- ROCE
- 11%
- Dividend yield
- 0%
- Debt / equity
- 0.01
- Sector
- IT - Software
- Industry
- Software Products
- Listed on
- NSE, BSE
About
IRIS RegTech Solutions Limited, formerly IRIS Business Services Limited, is an India-based regulatory technology (RegTech) software as a service (SaaS) company. The Company provides compliance solutions to organizations, to comply with various regulatory requirements. It offers eXtensible Business Reporting Language (XBRL)/iXBRL reporting, disclosure management, digital ESG (Environmental, Social, and Governance) reporting, and tax technology solutions to enterprize. Its XBRL/iXBRL reporting solution simplifies and standardizes the process of collecting and analyzing financial data from companies, enabling regulators to monitor and analyze company performance. It offers tools to financial data analytics, including IRIS iConnect, IRIS Credixo, and IRIS Peridot. Its solution include IRIS Instant, IRIS NOAH , IRIS Bushchat , and IRIS iFILE platform. IRIS iFILE is an end-to-end electronic filing framework.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Software Products: 58 companies →IRIS RegTech Solutions against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)32.5 against a typical 32.6: cheaper than most peers (1st = cheapest).29th of 58
- Sales growth+30% against a typical +16.4% from a year earlier.18th of 46
- Profit growth−521.7% against a typical −14.3% from a year earlier.35th of 39
- Share price, 3 months−18.5% against a typical −9.3%.40th of 51
- Size₹ 417.1 Cr. market value against a typical ₹ 59.8 Cr. (1st = largest).12th of 56
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated BBB to B- by 2 agencies- India Ratings expects things to get worse (negative outlook).
- The agencies don't fully agree: ICRA says BBB, India Ratings says B-.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]BBB | Stable | 11 Aug 2026 |
| India Ratings | IND B-(NCO); IND A4(NCO) | Negative | 21 Aug 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 11 Aug 2026 | ▲ Upgrade | [ICRA]BBB | — | ICRA | ₹ 18.08 Cr. | |
| 21 Aug 2025 | Rating action | IND B-(NCO) | — | India Ratings | ₹ 17 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 5 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 7 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 15 May 2026 | Financial Results | To consider and approve the audited standalone and consolidated financial results for the period ended March 31, 2026. |
| 14 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 13 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 13 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025. |
| 14 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 24 | 27 | 30 | 28 | 27 | 33 | 30 | 25 | 29 | 36 | 39 | 33 |
| Expenses | 21 | 24 | 24 | 24 | 22 | 28 | 24 | 25 | 28 | 31 | 34 | 34 |
| Operating Profit | 3 | 4 | 6 | 4 | 5 | 5 | 6 | 0 | 0 | 5 | 5 | −2 |
| OPM % | 11.9% | 12.8% | 21.1% | 13.6% | 17.6% | 15.8% | 18.5% | 1% | 0.5% | 12.9% | 13.7% | −5.1% |
| Other Income | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 1 | 118 | 3 | −0 | 2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 2 | 5 | 4 | 5 | 5 | 5 | 1 | 117 | 7 | 5 | −1 |
| Tax % | 17% | 14.9% | 11.3% | 20.4% | 21.4% | 27.9% | 44.4% | 65.6% | 0.2% | 25.5% | 10.9% | 2.1% |
| Net Profit | 1 | 2 | 5 | 3 | 4 | 4 | 3 | 0 | 117 | 5 | 4 | −1 |
| EPS in Rs | 0.69 | 0.89 | 2.43 | 1.46 | 1.93 | 1.77 | 1.37 | 0.09 | 56.84 | 2.58 | 2.02 | −0.47 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 15%
- 5 Years
- 18%
- 3 Years
- 20%
- TTM
- 19%
- 10 Years
- 31%
- 5 Years
- 97%
- 3 Years
- 207%
- TTM
- 18%
- 10 Years
- —
- 5 Years
- 17%
- 3 Years
- 30%
- TTM
- —
- 10 Years
- 32%
- 5 Years
- 52%
- 3 Years
- 62%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| IRIS RegTech Solutions | ₹ 200.00 | ₹ 417 Cr. | 32.5x | 2.1x | 90% | — |
| Tata Consultancy Services | ₹ 2,528.00 | ₹ 9,14,653 Cr. | 15.7x | 7.7x | 48% | 18.2% |
| Infosys | ₹ 1,154.50 | ₹ 4,68,523 Cr. | 14.8x | 4.8x | 31.2% | 16.5% |
| HCL Technologies | ₹ 1,424.00 | ₹ 3,86,426 Cr. | 18.8x | 4.4x | — | 13% |
| Tech Mahindra | ₹ 1,789.40 | ₹ 1,75,385 Cr. | 27.9x | 5.2x | — | 8.7% |
| Billionbrains Garage Ventures | ₹ 181.65 | ₹ 1,13,960 Cr. | 61.3x | 13.3x | — | 46.5% |
Management
- Balachandran Krishnan
- Chief Executive Officer, Whole Time Director
- Vineet Kandoi
- Chief Financial Officer
- Puthenpurackal Kuncheria Xavier Thomas
- Chief Technology Officer, Whole Time Director
- Santoshkumar Jaishanker Sharma
- Compliance Officer, Company Secretary
- Deepta Rangarajan
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.