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Iris Clothings Ltd

(IRISDOREME)

₹69.21.02%

as on 04:01PM, 08 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Iris Clothings Ltd Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Iris Clothings Ltd. An average target of ₹88

Source: S&P Global Market Intelligence

Iris Clothings Ltd Share analysis

Iris Clothings Ltd price forecast by 1 analysts

Upside of28.47%

High

₹88

Target

₹88.00

Low

₹88

Iris Clothings Ltd target price ₹88, a slight upside of 28.47% compared to current price of ₹69.2. According to 1 analysts rating.

Source: S&P Global Market Intelligence

Iris Clothings Ltd Performance

  • Day's Low

    Day's High

    ₹66.51
    ₹70
  • 52 Week's Low

    52 Week's High

    ₹60.36
    ₹103.65
1 Month Return-10.29 %
3 Month Return+ 2.12 %
1 Year Return-17.27 %
Previous Close₹68.50
Open₹67.80
Volume1.08L
Upper Circuit-
Lower Circuit-
Market Cap₹558.76Cr

Iris Clothings Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹558.76 Cr
P/B Ratio8.71
EPS0
Dividend Yield0
SectorTextiles
ROE19.36

Iris Clothings Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹558.76 Cr178.26%0.69NANA
NA₹6.87 Cr162.93%0.93NANA
NA₹12.21 Cr38.63%0.16NANA
NA₹1,598.13 Cr47.84%0.68₹59 Cr₹1,197 Cr
NA₹451.56 Cr56.07%0.70₹35 Cr₹1,263 Cr

About Iris Clothings Ltd

Founded in August 2011 as a private limited company, Iris Clothing Limited has grown to become a leading Indian kids' wear manufacturer and retailer. The company specializes in stylish, branded clothing for infants, toddlers and juniors, and its products are sold under the DoReMe brand. In addition to having over 100 distributors in 26 states, Iris Clothing has an online presence on several platforms including FirstCry and Hopscotch. Its nine modern facilities in West Bengal use fully automated machines and superior quality fabrics to produce apparels that meet strict quality standards. The company is also expanding internationally, with customers in Africa including Nigeria and Mozambique. With an aim to spread awareness and build its presence, Iris Clothing is participating in accelerated marketing activities including distributing notebooks, pens and bags to partners to increase brand presence. It is also expanding its reach in India by entering new tier II and III cities and reinforcing its distribution network with added distributors and retailers.

Share Price: ₹69.20 per share as on 08 Oct, 2024 04:01 PM
Market Capitalisation: ₹558.76Cr as of today
Listing date: 23 Oct, 2018
OrganisationIris Clothings Ltd
Headquarters
IndustryTextiles
E-voting on sharesClick here to vote

Key events for Iris Clothings Ltd

  • Iris Clothings Launches Winter Athletic Wear for Kids - 11 Jul, 2024

    Iris Clothings has launched a specialized range of winter athletic wear for kids, aimed at the North Indian market. The company's strategic outlet expansion and commitment to incorporating the latest technologies ensure robust demand for its new line of winter sportswear.

  • Iris Clothings Plans Expansion with New EBOs and Disney Partnership - 28 Jun, 2024

    Iris Clothing Limited has opened two new Exclusive Brand Outlets in West Bengal and plans to open 15 more across India. The company has also entered into a licensed agreement with Disney to design and launch apparels using Marvel and Disney movie characters under DOREME brand. With the Indian kid apparel market expected to grow at 9.1% CAGR, Iris is poised for growth.

  • Iris Clothings' EPS Growth Lags Behind Share Price Growth - 27 Jun, 2024

    Over the past five years, Iris Clothings has grown its earnings per share at 15% a year, slower than the share price growth of 57% per year. The market's high P/E ratio of 46.46 reflects optimism in the company's track record of growth.

Insights on Iris Clothings Ltd

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

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 29.06% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 70.94% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, IRISDOREME stock has moved down by -14.5%

Iris Clothings Ltd Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹75.88Cr (-)₹93.79Cr (↑23.60%)₹109.31Cr (↑16.55%)₹133.25Cr (↑21.90%)
Total Liabilities₹37.06Cr (-)₹45.10Cr (↑21.69%)₹52.36Cr (↑16.10%)₹64.09Cr (↑22.40%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹5.30Cr (-)₹8.98Cr (↑69.43%)₹0.96Cr (↓89.31%)₹1.69Cr (↑76.04%)₹1.71Cr (↑1.18%)
0

Iris Clothings Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
70.94%
0.00
Foreign Institutions
0%
-100.00
Mutual Funds
0%
0.00
Retail Investors
29.06%
0.01
Others
0%
0.00

Iris Clothings Ltd Key Indicators

Details20202021202220232024
Return On Equity %12.9718.423.215.6419.36

Iris Clothings Ltd Earnings and Dividends

  • Iris Clothings Ltd Earnings Results

    Iris Clothings Ltd’s net profit fell -21.43% since last year same period to ₹2.42Cr in the Q1 2024-2025. On a quarterly growth basis, Iris Clothings Ltd has generated -30.66% fall in its net profits since last 3-months.

    Read More about Earnings Results

Iris Clothings Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Iris Clothings Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Iris Clothings Ltd (IRISDOREME) share price today is ₹69.2

Iris Clothings Ltd is listed on NSE

Iris Clothings Ltd is not listed on BSE

  • Today’s highest price of Iris Clothings Ltd is ₹70.
  • Today’s lowest price of Iris Clothings Ltd is ₹66.51.

Today’s traded volume of Iris Clothings Ltd(IRISDOREME) is 1.08L.

Today’s market capitalisation of Iris Clothings Ltd(IRISDOREME) is ₹558.76Cr.

Iris Clothings Ltd(IRISDOREMEPrice
52 Week High
₹103.65
52 Week Low
₹60.36

Iris Clothings Ltd(IRISDOREME) share price is ₹69.2. It is down -33.24% from its 52 Week High price of ₹103.65

Iris Clothings Ltd(IRISDOREME) share price is ₹69.2. It is up 14.65% from its 52 Week Low price of ₹60.36

Iris Clothings Ltd(IRISDOREMEReturns
1 Day Returns
0.7%
1 Month Returns
-10.29%
3 Month Returns
2.12%
1 Year Returns
-17.27%