IRIS Business Services Ltd (IRIS)
₹2710%
Performance
Day's Low
₹269.43₹27152 Week's Low
52 Week's High
₹82₹285
| Returns % | |
| 1 Month Return | + 31.01 % |
| 3 Month Return | + 97.31 % |
| 1 Year Return | + 225.33 % |
| Market Stats | |
| Previous Close | ₹271.00 |
| Open | ₹269.50 |
| Volume | 19.15K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹524.69Cr |
Key Statistics
| P/E Ratio | 59.82 |
| PEG Ratio | 26.01 |
| Market Cap | ₹524.69 Cr |
| P/B Ratio | 3.96 |
| EPS | 0 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| NA | ₹524.69 Cr | 14.38% | 0.62 | ₹4 Cr | ₹73 Cr |
 | BUY | ₹12,370.81 Cr | 23.8% | 0.64 | ₹248 Cr | ₹1,626 Cr |
 | NA | ₹302.53 Cr | 37.08% | 0.51 | ₹15 Cr | ₹91 Cr |
| NA | ₹417.77 Cr | 3.32% | 0.50 | NA | NA |
 | NA | ₹1,424.03 Cr | 29.55% | 0.50 | ₹13 Cr | ₹174 Cr |
Company Information
Share Price: ₹271.00 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹524.69Cr as of today
Revenue: ₹30.35Cr as on March 2024 (Q1 24)
Net Profit: ₹4.72Cr as on March 2024 (Q1 24)
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 Shares Surge 26% in a Month - 15 Jun, 2024
IRIS Business Services shares have gained 26% in the last month alone, with an annual gain of 180%. The high P/E ratio of 49.9x requires further investigation to determine if it's justified. However, investors believe that strong earnings growth will outperform the broader market in the near future.
IRIS Business Services Stock Hits New High Ahead of Board Meeting - 29 May, 2024
Shares of IRIS Business Services hit a new high of Rs 258.40, up by 5% on the BSE ahead of board meeting to consider fund raising proposal.
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 IMPACTBest in 1 Year
In the last 1 year, IRIS has outperformed top 5 stocks with highest market-cap in Software
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 4 quarters, 20.73 Cr → 30.61 Cr (in ₹), with an average increase of 12.2% per quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 4 quarters, 0.93 Cr → 4.71 Cr (in ₹), with an average increase of 38.8% per quarter
- POSITIVE IMPACT
Price Rise
In the last 1 month, IRIS stock has moved up by 31.0%
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 37.10% to 36.09% in Jun 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 62.75% to 61.10% in Jun 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 0.15% to 0.08% in Jun 2024 quarter
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹30.35Cr | ↑11.01% |
Net Income | ₹4.72Cr | ↑168.18% |
Net Profit Margin | 15.55% | ↑141.46% |
| 2023 | Y/Y Change | |
|---|---|---|
Revenue | ₹73.57Cr | ↑20.08% |
Net Income | ₹4.29Cr | ↑324.75% |
Net Profit Margin | 5.83% | ↑253.33% |
| 2023 | Y/Y Change | |
|---|---|---|
Total Assets | ₹69.00Cr | ↑15.91% |
Total Liabilities | ₹34.55Cr | ↑20.22% |
| 2023 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹3.86Cr | ↓519.57% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 36.09% | ||
| Foreign Institutions | 0.08% | ||
| Mutual Funds | 0% | 0.00 | |
| Retail Investors | 61.1% | ||
| Others | 2.73% | 0.00 |
Key Indicators
IRIS Business Services Ltd Valuation
IRIS Business Services Ltd in the last 5 years
Lowest (26.56x)
April 1, 2024
Industry (38.04x)
July 23, 2024
Today (59.82x)
July 23, 2024
Highest (286.18x)
January 3, 2022
Earnings and Dividends
IRIS Business Services Ltd Earnings Results
IRIS Business Services Ltd’s net profit jumped 198.1% since last year same period to ₹4.71Cr in the Q4 2023-2024. On a quarterly growth basis, IRIS Business Services Ltd has generated 172.25% jump in its net profits since last 3-months.
Read More about Earnings Results
Technicals Summary
Bearish
Neutral
Bullish
IRIS Business Services Ltd is currently in a Bullish trading position according to technical analysis indicators.
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IRIS Business Services Ltd (IRIS) share price today is ₹271
IRIS Business Services Ltd is listed on NSE
IRIS Business Services Ltd is listed on BSE
- Today’s highest price of IRIS Business Services Ltd is ₹271.
- Today’s lowest price of IRIS Business Services Ltd is ₹269.43.
PE Ratio of IRIS Business Services Ltd is 59.82
PE ratio = IRIS Business Services Ltd Market price per share / IRIS Business Services Ltd Earnings per share
Today’s traded volume of IRIS Business Services Ltd(IRIS) is 19.15K.
Today’s market capitalisation of IRIS Business Services Ltd(IRIS) is ₹524.69Cr.
| IRIS Business Services Ltd(IRIS | Price |
|---|---|
52 Week High | ₹285 |
52 Week Low | ₹82 |
IRIS Business Services Ltd(IRIS) share price is ₹271. It is down -4.91% from its 52 Week High price of ₹285
IRIS Business Services Ltd(IRIS) share price is ₹271. It is up 230.49% from its 52 Week Low price of ₹82