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IRIS Business Services Ltd

IRIS Business Services Ltd (IRIS)

₹157.75▲1.68%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

IRIS Business Services Ltd share Performance

₹155.05
₹164.9
₹157.75
1.71%
Low
Day's Volatility:6.24%
High
4.53%
₹73.85
₹164.9
₹157.75
53.19%
Low
52 Weeks Volatility:57.72%
High
4.53%

Returns %
1 Month Return	23.13 %
3 Month Return	14.71 %
1 Year Return	98.02 %

Market Stats
Previous Close	₹155.15
Open	₹160.95
Volume	1.58L
Upper Circuit	-
Lower Circuit	-
Market Cap	₹300.39Cr

Company Information

IRIS Business Services Limited is a public limited company incorporated in Mumbai, Maharashtra in 2000. Initially promoted by Mr. Subramaniam Swaminathan, Ms. Deepta Rangarajan, and Mr. Krishnan Balachandran, it is a global provider of software products for compliance data and analytics in the RegTech Industry. Its products enable the seamless flow of information across the supply chain. IRIS Business Services has established a name for itself in the RegTech Industry and has been operational for 20 years with experience in the field.

Share Price: ₹157.75 per share as on 02 May, 2024 04:01 PM
Market Capitalisation: ₹300.39Cr as of today
Revenue: ₹27.34Cr as on December 2023 (Q4 23)
Net Profit: ₹1.76Cr as on December 2023 (Q4 23)
Listing date: 08 Nov, 2021
Chairperson Name: Vinod Agarwala

Organisation	IRIS Business Services Ltd
Headquarters
Industry	IT - Software
E-voting on shares	Click here to vote

Key events for IRIS Business Services Ltd

IRIS Business Services Ltd Shares Gain 35% in a Month - 01 May, 2024
IRIS Business Services Ltd shares have gained 35% in the last month and 98% annually, with a P/E ratio of 53.9x. The company's strong earnings growth has increased investors' willingness to pay up for the stock, but its recent three-year growth is lower than the wider market forecast, indicating that the high P/E may not be sustainable in the long term.
IRIS Business Services Launches SaaS Software for Malaysia Market - 29 Apr, 2024
IRIS Business Services has launched a SaaS software called IRIS Myeinvois for the Malaysian market, aimed at providing solutions to end taxpayers in e-invoice compliance as per Malaysias tax regulator (LHDN) mandate. The stock rose 1.18% on the NSE.
IRIS Business Services Reports 11% EPS Growth and 31% Revenue Growth - 23 Apr, 2024
IRIS Business Services Ltd reported an 11% per year growth in EPS over three years, with revenue growing by 31% to ₹925m. Insiders own 46% of the company, indicating a motivation to create shareholder value.

Fundamentals of IRIS Business Services Ltd

Insights on IRIS Business Services Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 3 quarters, 0.93 Cr → 1.73 Cr (in ₹), with an average increase of 26.6% per quarter
POSITIVE IMPACT
Price Rise
In the last 7 days, IRIS stock has moved up by 10.9%
POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 20.73 Cr → 27.45 Cr (in ₹), with an average increase of 13.1% per quarter
POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 62.59% to 62.75% in Mar 2024 quarter
NO EFFECT
Against Peers
In the last 1 year, Newgen Software Technologies Ltd has given 228.3% return, outperforming this stock by 130.3%
NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 37.23% to 37.10% in Mar 2024 quarter
NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 0.19% to 0.15% in Mar 2024 quarter