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Iris Clothings Overview

Iris Clothings Ltd engages inside the design, manufacture, and sale of readymade garments in India. The organization gives tops, T-shirts, shorts, trousers, loungewear/nightwear units, attire, and accessories for babies, infants, boys, girls, women, and men. It sells its merchandise under the DoReMe and Oxcgen brand names. The company was established in 2004 and is primarily based in Howrah, India.

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Iris Clothings Key Financials

Market Cap ₹702 Cr.

Stock P/E 53.5

P/B 5.2

Current Price ₹36.9

Book Value ₹ 7.1

Face Value 2

52W High ₹39.5

Dividend Yield 0%

52W Low ₹ 26.4

Iris Clothings Share Price

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Volume
Price

Iris Clothings Quarterly Price

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Iris Clothings Peer Comparison

Iris Clothings Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 32 23 42 31 41 33 40 37 44 49
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 32 24 42 31 41 33 40 37 44 49
Total Expenditure 25 18 35 26 33 27 32 32 37 43
Operating Profit 8 5 7 6 8 6 8 5 7 6
Interest 1 1 1 1 1 1 1 1 0 1
Depreciation 1 2 2 2 2 2 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 5 3 5 3 5 3 6 4 5 4
Provision for Tax 1 1 1 1 1 1 2 1 1 1
Profit After Tax 4 2 3 2 4 2 4 3 4 3
Adjustments 0 -0 -0 0 -0 -0 0 0 0 0
Profit After Adjustments 4 2 3 2 4 2 4 3 4 3
Adjusted Earnings Per Share 0.2 0.1 0.2 0.1 0.2 0.1 0.3 0.1 0.2 0.2

Iris Clothings Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 30 36 47 53 62 61 88 112 113 122 146 170
Other Income 0 1 0 0 0 0 0 0 0 0 0 0
Total Income 30 37 47 53 62 61 88 112 113 122 147 170
Total Expenditure 26 33 41 44 51 47 71 90 94 96 118 144
Operating Profit 4 4 5 9 11 14 17 22 20 26 28 26
Interest 2 2 2 2 2 3 3 2 3 4 4 3
Depreciation 1 1 1 2 2 5 5 6 5 6 6 4
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 1 2 5 7 6 9 14 11 16 18 19
Provision for Tax 0 0 1 1 2 2 2 3 3 4 5 5
Profit After Tax 0 1 2 3 5 4 7 10 8 12 13 14
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 1 2 3 5 4 7 10 8 12 13 14
Adjusted Earnings Per Share 0 0.1 0.2 0.3 0.3 0.2 0.4 0.6 0.5 0.7 0.8 0.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 20% 9% 19% 17%
Operating Profit CAGR 8% 8% 15% 21%
PAT CAGR 8% 9% 27% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 30% 2% 26% NA%
ROE Average 17% 17% 19% 20%
ROCE Average 20% 20% 21% 19%

Iris Clothings Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 4 5 6 10 29 32 39 49 57 69 82
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 2 3 5 6 4 4 0 0 0 0 0
Other Non-Current Liabilities -0 -0 -0 0 -0 7 6 6 5 8 10
Total Current Liabilities 24 19 22 25 29 38 30 38 47 55 63
Total Liabilities 30 27 33 41 61 81 75 93 108 132 155
Fixed Assets 5 5 11 15 14 34 31 31 27 28 27
Other Non-Current Assets 4 4 1 0 11 1 1 1 1 1 1
Total Current Assets 21 19 21 26 36 47 43 61 80 103 127
Total Assets 30 27 33 41 61 81 75 93 108 132 155

Iris Clothings Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0 0 0 0 0 0 0
Cash Flow from Operating Activities 2 5 7 3 1 5 9 1 2 2 3
Cash Flow from Investing Activities -1 0 -8 -6 -12 -7 -2 -5 -2 -3 0
Cash Flow from Financing Activities -1 -6 1 2 11 2 -7 4 -0 1 -3
Net Cash Inflow / Outflow -0 0 0 -0 -0 -0 0 -0 -0 0 0
Closing Cash & Cash Equivalent 0 0 0 0 0 0 0 0 0 0 0

Iris Clothings Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.03 0.07 0.17 0.34 0.31 0.24 0.4 0.62 0.51 0.75 0.8
CEPS(Rs) 0.16 0.17 0.29 0.53 0.46 0.55 0.73 0.97 0.83 1.12 1.19
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 0.44 0.51 0.68 1.03 1.75 1.97 2.38 2.98 3.49 4.24 5.04
Core EBITDA Margin(%) 12.13 9.81 11.17 16.59 17.86 22.44 19.07 19.08 17.12 21.57 19.13
EBIT Margin(%) 8.99 8.77 9.15 13.48 14.44 14.51 13.46 14.31 12.57 16.68 15.05
Pre Tax Margin(%) 1.19 2.66 5.16 8.87 11.42 9.14 10.03 12.17 9.92 13.53 12.18
PAT Margin (%) 0.81 1.77 3.41 6.26 8.15 6.49 7.43 9.1 7.31 10.02 8.97
Cash Profit Margin (%) 5.01 4.4 5.89 9.81 11.98 14.73 13.47 14.12 12 15.01 13.28
ROA(%) 0.81 2.24 5.27 8.88 9.86 5.52 8.33 12.04 8.19 10.16 9.13
ROE(%) 5.98 14.35 28.37 39.97 26.13 12.97 18.41 23.19 15.64 19.37 17.33
ROCE(%) 12.18 15.24 19.45 25.05 21.81 16.28 20.12 23.94 17.8 21.52 19.71
Receivable days 69.22 65.79 61.8 66.32 59.19 63.4 54.79 63.16 88.8 101.1 111.37
Inventory Days 153.29 111.2 70.08 67.62 100.87 162.29 116.42 96.64 127.04 159.92 164.22
Payable days 134.43 102.88 86.17 90.31 105.49 181.05 85.59 60.52 81.23 113.85 101.75
PER(x) 0 0 0 0 11.72 15.83 21.36 30.33 59.91 47.18 27.14
Price/Book(x) 0 0 0 0 2.07 1.94 3.6 6.32 8.69 8.33 4.33
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.64 0.44 0.42 0.44 1.31 1.47 1.88 3.1 4.82 5.21 2.68
EV/Core EBITDA(x) 4.85 3.89 3.56 2.58 7.15 6.46 9.62 16.05 27.92 24.05 13.87
Net Sales Growth(%) 20.67 22.28 28.19 13.26 17.36 -2.1 44.7 26.88 1.33 7.89 19.97
EBIT Growth(%) 2.62 19.28 34 66.31 25.73 -1.67 34.25 34.91 -11.01 43.19 8.26
PAT Growth(%) -64.41 166.65 147.22 107.2 52.8 -22.09 65.8 55.32 -18.61 47.86 7.46
EPS Growth(%) -64.41 166.65 147.22 98.49 -7.88 -22.09 65.8 55.33 -18.61 47.87 7.45
Debt/Equity(x) 4.37 3.04 2.81 2.2 0.74 0.82 0.52 0.52 0.5 0.5 0.46
Current Ratio(x) 0.9 0.96 0.97 1.05 1.25 1.23 1.43 1.58 1.73 1.86 2.01
Quick Ratio(x) 0.36 0.48 0.58 0.6 0.45 0.42 0.6 0.71 0.76 0.74 0.91
Interest Cover(x) 1.15 1.44 2.29 2.92 4.77 2.7 3.92 6.69 4.74 5.29 5.24
Total Debt/Mcap(x) 0 0 0 0 0.34 0.4 0.14 0.08 0.06 0.06 0.09

Iris Clothings Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 70.94 70.94 70.94 70.94 70.94 70.94 61.17 61.17 61.17 61.17
FII 0 0 0 0.04 0.02 0 0.02 0 0 0
DII 0 0 0 0 0 0 0.91 0.88 0.88 0.79
Public 29.06 29.06 29.06 29.02 29.04 29.06 37.9 37.95 37.95 38.03
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Iris Clothings News

Iris Clothings Pros & Cons

Pros

  • Company has delivered good profit growth of 26% CAGR over last 5 years
  • Debtor days have improved from 113.85 to 101.75days.
  • Company is almost debt free.

Cons

  • Stock is trading at 5.2 times its book value.
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