IRIS RegTech Solutions Limited

About

IRIS RegTech Solutions Limited, together with its subsidiaries, provides regulatory technology solutions in India, the Middle East, the Asia Pacific, Africa, the United States, Europe, and the United Kingdom. It operates through SupTech, RegTech, TaxTech, DataTech segments. The company offers IRIS iDEAL, a regulatory reporting solution for banks, credit institutions, and investment firms; IRIS CARBON, a SaaS platform to create comprehensive financial and non-financial reports in XBRL/iXBRL formats; IRIS GST Software, a filing solution with an ERP connector, reconciliation module, vendor management, and informative MIS and reports; and IRIS IRP, a connection solution for taxpayers. It also provides IRIS iFILE, an end-to-end electronic filing platform to collect, validate, and analyze any type of data from entities; IRIS E-Invoicing, an e-invoicing solution with integrated GST compliance and reconciliation; IRIS Zircon, that are APIs for GST, Eway bill, and e-invoicing for enterprises and partners; and IRI LMS, a DT and IDT litigation management tool to simplify GST audits and litigations for enterprises. In addition, the company offers IRIS iConnect, an XBRL analytics tool to evaluate and compare XBRL and iXBRL data using the familiar Microsoft Excel format; IRIS Credixo for banks and fintech to make credit analysis models; and IRIS Peridot, an app for GST counterparty verification. Further, it provides workflow-based e-filing software; tax technology solutions; taxonomy development and testing; and consulting and training services, as well as software licensing, subscription of software as a service, and application maintenance services. The company serves regulators, including central banks, business registries, capital market regulators, and stock exchanges, as well as corporates, banks, and mutual funds. The company was formerly known as IRIS Business Services Limited and changed its name to IRIS RegTech Solutions Limited in November 2025. IRIS RegTech Solutions Limited was incorporated in 2000 and is headquartered in Navi Mumbai, India.

Key Metrics

as of Sep 2026

Market Cap547 Cr

P/E42.70

Div Yield0.00 %

Book Value₹97.60

52w High₹389.00

52w Low₹203.00

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	30.86	37.91	34.23	27.09	23.82	28.30	31.32	25.71	25.95	28.67	25.95	22.73	19.49
Expenses	32.43	32.61	29.77	27.00	23.64	22.90	26.31	21.07	22.49	22.51	22.61	20.05	17.17
Operating Profit	-1.57	5.30	4.46	0.09	0.18	5.40	5.01	4.64	3.46	6.16	3.34	2.68	2.32
OPM %	-5.09	13.98	13.03	0.33	0.76	19.08	16.00	18.05	13.33	21.49	12.87	11.79	11.90
Other Income	2.79	-0.24	3.25	112.41	0.91	0.21	0.45	0.67	0.51	0.23	0.10	0.20	0.10
Depreciation	1.32	0.54	0.53	0.50	0.49	0.45	0.50	0.37	0.45	0.96	1.20	1.15	1.12
Interest	0.33	0.10	0.20	0.07	0.15	0.20	0.17	0.20	0.17	0.35	0.28	0.25	0.23
Profit before tax	-0.43	4.42	6.98	111.93	0.45	4.96	4.79	4.74	3.35	5.08	1.96	1.48	1.07
Tax %	0.00	12.22	25.79	0.71	93.33	45.97	27.97	21.73	20.60	9.65	15.82	18.24	21.50
Net Profit	-0.43	3.88	5.18	111.13	0.03	2.68	3.45	3.71	2.66	4.60	1.64	1.21	0.84
EPS in Rs	-0.21	1.89	2.52	54.06	0.01	1.30	1.73	1.86	1.37	2.38	0.85	0.62	0.43

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	123.00	104.00	97.00	68.00	56.00	54.00	49.00	40.00	35.00	27.00	32.00	54.00
Expenses	113.00	86.00	82.00	59.00	49.00	42.00	40.00	40.00	34.00	32.00	36.00	45.00
Operating Profit	10.00	19.00	14.00	9.00	7.00	12.00	9.00	0.00	1.00	-5.00	-4.00	9.00
OPM %	8.00	18.00	15.00	13.00	12.00	22.00	18.00	0.10	2.30	-17.00	-13.00	16.00
Other Income	117.00	2.00	1.00	1.00	1.00	0.00	1.00	1.00	0.00	0.00	5.00	2.00
Interest	1.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00	2.00	2.00	2.00	1.00
Depreciation	2.00	2.00	4.00	5.00	5.00	6.00	6.00	4.00	4.00	5.00	5.00	6.00
Profit before tax	124.00	18.00	10.00	5.00	1.00	4.00	2.00	-5.00	-5.00	-12.00	-6.00	3.00
Tax %	3.00	30.00	14.00	19.00	47.00	-12.00	5.00	16.00	-8.00	-13.00	12.00	-3.00
Net Profit	120.00	12.00	8.00	4.00	1.00	5.00	2.00	-5.00	-5.00	-10.00	-7.00	3.00
EPS in Rs	58.44	6.09	4.28	1.90	0.35	2.51	0.80	-2.87	-2.59	-14.43	-9.67	4.87
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	21.00	21.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	7.00	7.00	7.00
Reserves	180.00	57.00	24.00	15.00	12.00	11.00	9.00	7.00	13.00	13.00	23.00	29.00
Borrowings	2.00	4.00	6.00	6.00	7.00	6.00	11.00	13.00	16.00	18.00	18.00	9.00
Other Liabilities	47.00	41.00	26.00	29.00	22.00	22.00	20.00	26.00	28.00	23.00	16.00	19.00
Total Liabilities	249.00	123.00	76.00	69.00	60.00	59.00	59.00	65.00	75.00	60.00	64.00	63.00
Fixed Assets	19.00	17.00	13.00	14.00	17.00	22.00	27.00	34.00	20.00	20.00	17.00	22.00
CWIP	5.00	4.00	3.00	2.00	0.00	0.00	0.00	0.00	17.00	18.00	20.00	8.00
Investments	63.00	24.00	3.00	3.00	3.00	3.00	3.00	0.00	0.00	1.00	1.00	1.00
Other Assets	162.00	78.00	58.00	51.00	39.00	34.00	29.00	30.00	38.00	21.00	25.00	32.00
Total Assets	249.00	123.00	76.00	69.00	60.00	59.00	59.00	65.00	75.00	60.00	64.00	63.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	101.00	25.00	10.00	4.00	-1.00	11.00	2.00	1.00	-3.00	4.00	9.00	10.00
Cash from Investing Activity	-116.00	-27.00	-5.00	-2.00	0.00	-3.00	-1.00	-1.00	-3.00	-5.00	-12.00	-8.00
Cash from Financing Activity	-3.00	18.00	-1.00	-2.00	0.00	-4.00	-3.00	-4.00	11.00	-4.00	7.00	-4.00
Net Cash Flow	-18.00	15.00	4.00	1.00	-1.00	3.00	-2.00	-3.00	5.00	-6.00	4.00	-2.00
Free Cash Flow	92.00	17.00	6.00	2.00	-2.00	10.00	2.00	1.00	-6.00	-2.00	9.00	9.00
CFO/OP %	1,299.00	149.00	66.00	58.00	-27.00	95.00	50.00	4,940.00	-237.00	-99.00	-238.00	134.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	75.00	100.00	79.00	127.00	97.00	89.00	123.00	109.00	140.00	104.00	64.00	73.00
Cash Conversion Cycle	75.00	100.00	79.00	127.00	97.00	89.00	123.00	109.00	140.00	104.00	64.00	73.00
Working Capital Days	54.00	43.00	76.00	89.00	61.00	16.00	22.00	-64.00	-67.00	-121.00	-6.00	34.00
ROCE %	10.00	29.00	24.00	14.00	6.00	16.00	8.00	-7.00	-8.00	-21.00	-14.00	11.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	34.63	34.63	34.63	34.65	34.68	34.68	35.63	35.79	37.10	37.10	37.23	37.30
FIIs	1.76	1.87	1.73	1.73	0.50	1.42	1.00	0.00	0.08	0.15	0.19	0.00
DIIs	12.08	13.06	12.90	12.79	11.08	11.08	2.72	2.88	0.00	0.00	0.00	0.00
Public	51.52	50.43	50.73	50.82	53.72	52.82	60.66	61.34	62.82	62.75	62.59	62.70
No. of Shareholders	10,263	9,965	10,469	10,912	9,989	9,439	7,893	6,948	7,257	6,362	5,130	5,446