MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0000135
Market Cap
₹408 Cr
IRIS · NSE
Share Price
₹204.08
+2.96% today
Revenue
₹128 Cr
FY 2025-26 · +17.2% YoY
EBITDA
₹10.10 Cr
Margin 7.9%
Net Profit
₹124 Cr
FY 2025-26 · +915.7% YoY
P/E (TTM)
32.9x
P/B 2.1x
ROE
89.5%
ROCE 10.2%
Debt / Equity
0.02
Interest cover 7.0x
About Iris Regtech Solutions Limited
Data last updated:
Iris Regtech Solutions Limited is a public limited company based in Thane, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 03 October 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L72900MH2000PLC128943. Its GSTIN is 27AAACI9260R1ZV (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 540735 and NSE: IRIS.
The company has an authorised share capital of ₹32 Cr and a paid-up capital of ₹20.57 Cr. It was formerly known as Iris Business.Com (India) Private Limited and Iris Business Services Private Limited. It is led by directors including Balachandran Krishnan (Whole-Time Director) and Deepta Rangarajan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 14 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Office No. 1405 – 1411 14th Floor Plutonium Business Park C Zone, Plot No. 7 & 7A Thane – Belapur Road MIDC Industrial Area Turbhe, Maharashtra, India – 400703.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹128.5 Cr, a growth of 17.2% compared to the previous year. For the same year it recorded a net profit of ₹123.71 Cr (net margin 96.3%) and EBITDA of ₹10.1 Cr (EBITDA margin 7.9%). The net worth stands at ₹200.73 Cr (up 165.2% YoY). Total assets are valued at ₹207.84 Cr (up 139% YoY).
The company has about 343 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: IRIS Business Services and Iris GST. As per MCA filings, the company has open charges of ₹19.08 Cr and satisfied charges of ₹61.38 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 19 deals on record (9 market trades, 9 funding rounds, 1 ipo), with disclosed funding of ₹65.01 Cr; the latest was in June 2026. Its 3 peer companies in the Information Technology industry (SaaS Providers), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 1 larger and 2 smaller; the largest is Uniphore Software Systems Private Limited with revenue of ₹210.45 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 10 overdue payments to 2 micro and small suppliers.
Iris Regtech Solutions Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0000135). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website irisbusiness.com.
Company details
CIN L72900MH2000PLC128943
Registration Number 128943
Incorporation Date 03 October 2000
ROC Mumbai
Listing Status Listed - Listed on NSE (IRIS); Listed on BSE (540735)
Company Status Active
Date of Last AGM 14 August 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0000135
Name history
Iris Regtech Solutions has undergone 6 name changes throughout its history. The current legal name is Iris Regtech Solutions Limited.
| Company Name | Status |
|---|---|
| Iris Regtech Solutions Limited | Current |
| Iris Business.Com (India) Private Limited | Previous |
| Iris Business Services Private Limited | Previous |
| Irisbusiness. Com India Private Limited | Previous |
| Iris Business Limited | Previous |
| Irisbusiness Services (India) Private Limited | Previous |
CIN history
Iris Regtech Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L72900MH2000PLC128943, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72900MH2000PLC128943 | Current |
| U72900MH2000PTC128943 | Previous |
| U72900MH2000PLC128943 | Previous |
Key People
Balachandran Krishnan Whole-Time Director Deepta Rangarajan Whole-Time Director Puthenpurackal Kuncheria Xavier Thomas Whole-Time Director Recognitions & Rankings of Iris Regtech Solutions
Contact details
Iris Regtech Solutions Limited's registered office is in Thane, Maharashtra. Its website is irisbusiness.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 1405 – 1411 14th Floor Plutonium Business Park C Zone, Plot No. 7 & 7A Thane – Belapur Road MIDC Industrial Area Turbhe, Maharashtra, India – 400703
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Iris Regtech Solutions Limited, buy the company report.
Comprehensive company report
Iris Regtech Solutions Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Iris Regtech Solutions operates two associated brands: IRIS Business Services and Iris GST. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Regulatory technology and compliance software solutions are provided. | irisbusiness.com | |
| GST filing and compliance solutions are provided for businesses. | irisgst.com |
Business activity
The main business activity of Iris Regtech Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Iris Regtech Solutions Limited, buy the company report.
Financials of Iris Regtech Solutions Limited
FY 2025-26 filings availableIris Regtech Solutions Limited reported revenue of ₹128.5 Cr (up 17.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹128 Cr
+17.2% YoY
EBITDA
₹10.10 Cr
-45.6% YoY
Profit After Tax
₹124 Cr
+915.7% YoY
Net Worth
₹201 Cr
+165.2% YoY
Total Assets
₹208 Cr
+139.0% YoY
Total Debt
₹1.66 Cr
-61.5% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 128 | 110 | 102 | 73.57 | 61.27 | 57.15 | 51.00 |
| Revenue growth | +17.2% | +7.2% | +39.1% | +20.1% | +7.2% | +12.1% | - |
| EBITDA | 10.10 | 18.57 | 15.22 | 9.59 | 7.17 | 11.38 | 7.68 |
| EBITDA margin | +7.9% | +16.9% | +14.9% | +13.0% | +11.7% | +19.9% | +15.1% |
| Profit before tax | 130 | 18.77 | 10.21 | 5.19 | 1.61 | 3.62 | 0.55 |
| Net profit | 124 | 12.18 | 8.70 | 4.26 | 0.97 | 4.14 | 0.47 |
| Net profit margin | +96.3% | +11.1% | +8.5% | +5.8% | +1.6% | +7.2% | +0.9% |
| EPS (₹) | 61.50 | 6.34 | 4.49 | 2.21 | 0.52 | 2.19 | 0.25 |
| Balance sheet | |||||||
| Total assets | 208 | 86.95 | 53.68 | 42.92 | 38.67 | 36.19 | 38.72 |
| Net worth | 201 | 75.69 | 40.95 | 31.54 | 27.26 | 26.02 | 24.63 |
| Total debt | 1.66 | 4.31 | 6.47 | 5.71 | 6.63 | 6.23 | 11.03 |
| Cash & bank | 45.33 | 34.69 | 16.17 | 9.26 | 7.44 | 8.45 | 1.69 |
| Net working capital | 57.70 | 42.85 | 36.45 | 27.31 | 20.44 | 14.24 | 12.03 |
| Cash flow | |||||||
| Cash from operations | 105 | 27.44 | 11.70 | 5.71 | (0.41) | 11.78 | 1.80 |
| Cash from investing | (119) | (26.93) | (4.64) | (1.92) | (0.04) | (3.23) | (0.41) |
| Cash from financing | (2.91) | 17.89 | (1.26) | (1.69) | 0.27 | (4.42) | (3.07) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 32.75 | 39.15 | 35.59 | 28.56 | 25.19 | 29.74 | 32.83 | 26.91 |
| Revenue growth (YoY) | +30.0% | +31.6% | +8.4% | +6.1% | -8.9% | - | - | - |
| Other income | 2.49 | 2.45 | 3.28 | 118 | 1.19 | 0.82 | 0.49 | 0.81 |
| EBITDA | (1.67) | 2.86 | 4.60 | 0.15 | 0.10 | 5.01 | 5.19 | 4.73 |
| EBITDA margin | -5.1% | +7.3% | +12.9% | +0.5% | +0.4% | +16.8% | +15.8% | +17.6% |
| Depreciation | 1.44 | 0.54 | 0.54 | 0.51 | 0.50 | 0.45 | 0.52 | 0.37 |
| Interest | 0.34 | 0.11 | 0.21 | 0.08 | 0.16 | 0.20 | 0.19 | 0.22 |
| Profit before tax | (0.96) | 4.66 | 7.13 | 117 | 0.63 | 5.18 | 4.97 | 4.95 |
| Tax | 0.02 | 0.51 | 1.82 | 0.26 | 0.42 | 2.30 | 1.39 | 1.06 |
| Net profit | (0.98) | 4.15 | 5.31 | 117 | 0.21 | 2.88 | 3.58 | 3.89 |
| EPS (₹) | (0.47) | 2.00 | 2.56 | 56.85 | 0.11 | 1.36 | 1.77 | 1.96 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 123 | 104 | 96.85 | 67.54 | 56.15 | 53.94 | 48.88 |
| Revenue growth | +17.9% | +7.8% | +43.4% | +20.3% | +4.1% | +10.4% | - |
| EBITDA | 2.60 | 17.83 | 14.50 | 9.00 | 6.79 | 11.97 | 8.73 |
| EBITDA margin | +2.1% | +17.1% | +15.0% | +13.3% | +12.1% | +22.2% | +17.9% |
| Profit before tax | 124 | 17.96 | 9.60 | 4.55 | 1.29 | 4.22 | 1.59 |
| Net profit | 114 | 11.64 | 8.30 | 3.67 | 0.68 | 4.74 | 1.51 |
| Net profit margin | +92.5% | +11.2% | +8.6% | +5.4% | +1.2% | +8.8% | +3.1% |
| EPS (₹) | 58.44 | 6.09 | 4.28 | 1.90 | 0.35 | 2.51 | 0.80 |
| Balance sheet | |||||||
| Total assets | 207 | 88.46 | 55.99 | 45.74 | 42.17 | 40.00 | 41.84 |
| Net worth | 200 | 77.61 | 43.45 | 34.45 | 30.79 | 29.85 | 27.76 |
| Total debt | 1.66 | 4.31 | 6.47 | 5.71 | 6.63 | 6.23 | 11.03 |
| Cash & bank | 35.27 | 25.97 | 10.58 | 5.87 | 5.41 | 6.89 | 1.31 |
| Net working capital | 54.64 | 41.92 | 36.42 | 27.94 | 21.31 | 15.41 | 12.43 |
| Cash flow | |||||||
| Cash from operations | 101 | 24.56 | 9.51 | 3.86 | (0.92) | 10.51 | 2.48 |
| Cash from investing | (116) | (27.15) | (4.64) | (1.67) | 0.08 | (3.15) | (1.34) |
| Cash from financing | (2.88) | 17.93 | (1.27) | (1.54) | 0.29 | (4.41) | (3.09) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 30.86 | 37.91 | 34.23 | 27.09 | 23.82 | 28.30 | 31.32 | 25.71 |
| Revenue growth (YoY) | +29.6% | +34.0% | +9.3% | +5.4% | -8.2% | - | - | - |
| Other income | 2.79 | 2.34 | 3.25 | 112 | 1.17 | 0.79 | 0.45 | 0.67 |
| Total expenses | 32.42 | 35.19 | 29.77 | 27.00 | 23.89 | 23.49 | 26.31 | 21.07 |
| EBITDA | (1.56) | 2.72 | 4.46 | 0.09 | (0.07) | 4.81 | 5.01 | 4.64 |
| EBITDA margin | -5.1% | +7.2% | +13.0% | +0.3% | -0.3% | +17.0% | +16.0% | +18.0% |
| Depreciation | 1.32 | 0.54 | 0.53 | 0.50 | 0.49 | 0.45 | 0.50 | 0.37 |
| Interest | 0.33 | 0.10 | 0.20 | 0.07 | 0.15 | 0.20 | 0.17 | 0.20 |
| Profit before tax | (0.42) | 4.42 | 6.98 | 112 | 0.46 | 4.95 | 4.79 | 4.74 |
| Tax | 0.00 | 0.54 | 1.80 | 0.79 | 0.42 | 2.28 | 1.34 | 1.03 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 26 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 32.75 | 39.15 | 35.59 | 28.56 | 25.19 | 29.74 | 32.83 | 26.91 |
| Revenue growth (YoY) | +30.0% | +31.6% | +8.4% | +6.1% | -8.9% | - | - | - |
| Other income | 2.49 | 2.45 | 3.28 | 118 | 1.19 | 0.82 | 0.49 | 0.81 |
| EBITDA | (1.67) | 2.86 | 4.60 | 0.15 | 0.10 | 5.01 | 5.19 | 4.73 |
| EBITDA margin | -5.1% | +7.3% | +12.9% | +0.5% | +0.4% | +16.8% | +15.8% | +17.6% |
| Depreciation | 1.44 | 0.54 | 0.54 | 0.51 | 0.50 | 0.45 | 0.52 | 0.37 |
| Interest | 0.34 | 0.11 | 0.21 | 0.08 | 0.16 | 0.20 | 0.19 | 0.22 |
| Profit before tax | (0.96) | 4.66 | 7.13 | 117 | 0.63 | 5.18 | 4.97 | 4.95 |
| Tax | 0.02 | 0.51 | 1.82 | 0.26 | 0.42 | 2.30 | 1.39 | 1.06 |
| Net profit | (0.98) | 4.15 | 5.31 | 117 | 0.21 | 2.88 | 3.58 | 3.89 |
| EPS (₹) | (0.47) | 2.00 | 2.56 | 56.85 | 0.11 | 1.36 | 1.77 | 1.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 128 | 110 | 102 | 73.57 | 61.27 | 57.15 | 51.00 |
| Revenue growth | +17.2% | +7.2% | +39.1% | +20.1% | +7.2% | +12.1% | - |
| Other income | 122 | 2.51 | 0.66 | 1.33 | 0.74 | 0.22 | 0.58 |
| Total expenses | 118 | 91.11 | 87.08 | 63.98 | 54.10 | 45.77 | 43.32 |
| Employee cost | 67.88 | 53.08 | 51.30 | 40.80 | 34.77 | 30.99 | 28.38 |
| EBITDA | 10.10 | 18.57 | 15.22 | 9.59 | 7.17 | 11.38 | 7.68 |
| EBITDA margin | +7.9% | +16.9% | +14.9% | +13.0% | +11.7% | +19.9% | +15.1% |
| Depreciation | 2.08 | 1.53 | 4.52 | 4.71 | 5.23 | 6.27 | 6.16 |
| Interest | 0.56 | 0.78 | 1.15 | 1.02 | 1.07 | 1.71 | 1.55 |
| Profit before tax | 130 | 18.77 | 10.21 | 5.19 | 1.61 | 3.62 | 0.55 |
| Tax | 3.01 | 5.51 | 1.42 | 0.92 | 0.63 | (0.52) | 0.08 |
| Net profit | 124 | 12.18 | 8.70 | 4.26 | 0.97 | 4.14 | 0.47 |
| Net profit margin | +96.3% | +11.1% | +8.5% | +5.8% | +1.6% | +7.2% | +0.9% |
| EPS (₹) | 61.50 | 6.34 | 4.49 | 2.21 | 0.52 | 2.19 | 0.25 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 20.57 | 20.54 | 19.36 | 19.36 | 19.22 | 18.92 | 18.88 |
| Reserves & surplus | 180 | 55.15 | 21.59 | 12.18 | 8.04 | 7.10 | 5.75 |
| Shareholders' funds (net worth) | 201 | 75.69 | 40.95 | 31.54 | 27.26 | 26.02 | 24.63 |
| Minority interest | 0.01 | 0.41 | 0.19 | 0.09 | 0.03 | 0.02 | 0.02 |
| Secured loans | 1.00 | 3.45 | 0.00 | 0.00 | 6.49 | 6.02 | 11.03 |
| Unsecured loans | 0.66 | 0.86 | 6.47 | 5.71 | 0.14 | 0.21 | 0.00 |
| Total debt | 1.66 | 4.31 | 6.47 | 5.71 | 6.63 | 6.23 | 11.03 |
| Total liabilities | 208 | 86.95 | 53.68 | 42.92 | 38.67 | 36.19 | 38.72 |
| Assets | |||||||
| Gross block | 71.92 | 74.75 | 68.20 | 65.16 | 66.92 | 66.29 | 65.02 |
| Net block | 19.32 | 16.98 | 12.94 | 13.92 | 17.17 | 21.64 | 26.61 |
| Capital work in progress | 4.87 | 3.86 | 2.94 | 1.61 | 0.39 | 0.00 | 0.33 |
| Investments | 59.92 | 21.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 27.49 | 29.56 | 22.32 | 24.84 | 15.65 | 13.23 | 17.48 |
| Cash & bank balances | 45.33 | 34.69 | 16.17 | 9.26 | 7.44 | 8.45 | 1.69 |
| Loans & advances | 29.76 | 17.02 | 21.19 | 20.37 | 18.99 | 14.35 | 10.80 |
| Total current assets | 103 | 81.27 | 59.68 | 54.47 | 42.08 | 36.03 | 29.97 |
| Total current liabilities | 44.88 | 38.42 | 23.23 | 27.16 | 21.64 | 21.79 | 17.94 |
| Net working capital | 57.70 | 42.85 | 36.45 | 27.31 | 20.44 | 14.24 | 12.03 |
| Total assets | 208 | 86.95 | 53.68 | 42.92 | 38.67 | 36.19 | 38.72 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 30.47 | 12.07 | 6.26 | 4.69 | 4.88 | 0.74 | 2.41 |
| Net cash from operating activities | 105 | 27.44 | 11.70 | 5.71 | (0.41) | 11.78 | 1.80 |
| Net cash from investing activities | (119) | (26.93) | (4.64) | (1.92) | (0.04) | (3.23) | (0.41) |
| Net cash from financing activities | (2.91) | 17.89 | (1.26) | (1.69) | 0.27 | (4.42) | (3.07) |
| Net change in cash | (17.15) | 18.40 | 5.81 | 2.10 | (0.19) | 4.14 | (1.67) |
| Closing cash | 45.33 | 34.69 | 16.17 | 9.26 | 7.44 | 8.45 | 1.69 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +17.2% | +7.2% | +39.1% | +20.1% | +7.2% | +12.1% | - |
| EBITDA growth | -45.6% | +22.0% | +58.7% | +33.8% | -37.0% | +48.2% | - |
| PBT growth | +590.2% | +83.8% | +96.7% | +222.4% | -55.5% | +558.2% | +9998.0% |
| Net income growth | +915.7% | +40.0% | +104.2% | +339.2% | -76.6% | +780.9% | - |
| Revenue CAGR (3Y) | +20.4% | +21.4% | +21.4% | +13.0% | +15.4% | +17.8% | +23.1% |
| EBITDA CAGR (3Y) | +1.7% | +37.3% | +10.2% | +7.7% | - | +257.1% | - |
| Profitability & leverage | |||||||
| Net income margin | +98.5% | +12.1% | +8.6% | +5.8% | +1.6% | +7.2% | +0.9% |
| Return on capital employed | +10.2% | +27.9% | +23.6% | +14.8% | +6.6% | +12.6% | +5.0% |
| Return on net worth | +89.5% | +22.7% | +24.3% | +13.9% | +3.4% | +13.8% | +1.7% |
| Debt / equity | 0.02 | 0.09 | 0.17 | 0.21 | 0.24 | 0.34 | 0.49 |
| Long-term debt / equity | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.06 | 0.15 |
| Interest cover | 6.98 | 4.58 | 10.75 | 20.90 | 55.15 | 33.46 | 101.97 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.75 | 1.53 | 1.53 | 1.11 | 0.92 | 0.87 | 0.79 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 4.50 | 4.23 | 4.34 | 3.63 | 4.24 | 3.72 | 3.48 |
| EPS (₹) | 61.50 | 6.34 | 4.49 | 2.21 | 0.52 | 2.19 | 0.25 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 97.58 | 36.85 | 21.15 | 16.29 | 14.19 | 13.75 | 13.05 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 30.86 | 37.91 | 34.23 | 27.09 | 23.82 | 28.30 | 31.32 | 25.71 |
| Revenue growth (YoY) | +29.6% | +34.0% | +9.3% | +5.4% | -8.2% | - | - | - |
| Other income | 2.79 | 2.34 | 3.25 | 112 | 1.17 | 0.79 | 0.45 | 0.67 |
| Total expenses | 32.42 | 35.19 | 29.77 | 27.00 | 23.89 | 23.49 | 26.31 | 21.07 |
| EBITDA | (1.56) | 2.72 | 4.46 | 0.09 | (0.07) | 4.81 | 5.01 | 4.64 |
| EBITDA margin | -5.1% | +7.2% | +13.0% | +0.3% | -0.3% | +17.0% | +16.0% | +18.0% |
| Depreciation | 1.32 | 0.54 | 0.53 | 0.50 | 0.49 | 0.45 | 0.50 | 0.37 |
| Interest | 0.33 | 0.10 | 0.20 | 0.07 | 0.15 | 0.20 | 0.17 | 0.20 |
| Profit before tax | (0.42) | 4.42 | 6.98 | 112 | 0.46 | 4.95 | 4.79 | 4.74 |
| Tax | 0.00 | 0.54 | 1.80 | 0.79 | 0.42 | 2.28 | 1.34 | 1.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 123 | 104 | 96.85 | 67.54 | 56.15 | 53.94 | 48.88 |
| Revenue growth | +17.9% | +7.8% | +43.4% | +20.3% | +4.1% | +10.4% | - |
| Other income | 124 | 2.40 | 0.63 | 1.21 | 0.76 | 0.22 | 0.56 |
| Total expenses | 120 | 86.58 | 82.35 | 58.54 | 49.36 | 41.97 | 40.15 |
| Employee cost | 65.30 | 50.72 | 49.00 | 38.99 | 32.98 | 28.94 | 26.25 |
| EBITDA | 2.60 | 17.83 | 14.50 | 9.00 | 6.79 | 11.97 | 8.73 |
| EBITDA margin | +2.1% | +17.1% | +15.0% | +13.3% | +12.1% | +22.2% | +17.9% |
| Depreciation | 2.07 | 1.53 | 4.43 | 4.68 | 5.21 | 6.27 | 6.16 |
| Interest | 0.52 | 0.74 | 1.10 | 0.98 | 1.05 | 1.70 | 1.54 |
| Profit before tax | 124 | 17.96 | 9.60 | 4.55 | 1.29 | 4.22 | 1.59 |
| Tax | 3.55 | 5.46 | 1.30 | 0.88 | 0.61 | (0.52) | 0.08 |
| Net profit | 114 | 11.64 | 8.30 | 3.67 | 0.68 | 4.74 | 1.51 |
| Net profit margin | +92.5% | +11.2% | +8.6% | +5.4% | +1.2% | +8.8% | +3.1% |
| EPS (₹) | 58.44 | 6.09 | 4.28 | 1.90 | 0.35 | 2.51 | 0.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 20.57 | 20.54 | 19.36 | 19.36 | 19.22 | 18.92 | 18.88 |
| Reserves & surplus | 180 | 57.07 | 24.09 | 15.09 | 11.57 | 10.93 | 8.88 |
| Shareholders' funds (net worth) | 200 | 77.61 | 43.45 | 34.45 | 30.79 | 29.85 | 27.76 |
| Secured loans | 1.00 | 3.45 | 0.00 | 0.00 | 6.49 | 6.02 | 11.03 |
| Unsecured loans | 0.66 | 0.86 | 6.47 | 5.71 | 0.14 | 0.21 | 0.00 |
| Total debt | 1.66 | 4.31 | 6.47 | 5.71 | 6.63 | 6.23 | 11.03 |
| Total liabilities | 207 | 88.46 | 55.99 | 45.74 | 42.17 | 40.00 | 41.84 |
| Assets | |||||||
| Gross block | 71.45 | 73.87 | 67.59 | 64.55 | 66.66 | 66.06 | 64.87 |
| Net block | 19.30 | 16.73 | 12.64 | 13.52 | 17.10 | 21.58 | 26.62 |
| Capital work in progress | 4.87 | 3.86 | 2.94 | 1.61 | 0.39 | 0.00 | 0.33 |
| Investments | 62.66 | 23.91 | 2.61 | 2.61 | 2.71 | 2.71 | 2.71 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 25.24 | 28.70 | 20.97 | 23.54 | 14.85 | 13.14 | 16.42 |
| Cash & bank balances | 35.27 | 25.97 | 10.58 | 5.87 | 5.41 | 6.89 | 1.31 |
| Loans & advances | 35.21 | 21.35 | 24.97 | 21.79 | 18.40 | 13.92 | 11.28 |
| Total current assets | 95.72 | 76.02 | 56.52 | 51.20 | 38.66 | 33.95 | 29.01 |
| Total current liabilities | 41.08 | 34.10 | 20.10 | 23.26 | 17.35 | 18.54 | 16.58 |
| Net working capital | 54.64 | 41.92 | 36.42 | 27.94 | 21.31 | 15.41 | 12.43 |
| Total assets | 207 | 88.46 | 55.99 | 45.74 | 42.17 | 40.00 | 41.84 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 21.82 | 6.48 | 2.87 | 2.76 | 3.32 | 0.37 | 2.32 |
| Net cash from operating activities | 101 | 24.56 | 9.51 | 3.86 | (0.92) | 10.51 | 2.48 |
| Net cash from investing activities | (116) | (27.15) | (4.64) | (1.67) | 0.08 | (3.15) | (1.34) |
| Net cash from financing activities | (2.88) | 17.93 | (1.27) | (1.54) | 0.29 | (4.41) | (3.09) |
| Net change in cash | (18.48) | 15.34 | 3.60 | 0.64 | (0.55) | 2.95 | (1.95) |
| Closing cash | 35.27 | 25.97 | 10.58 | 5.87 | 5.41 | 6.89 | 1.31 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +17.9% | +7.8% | +43.4% | +20.3% | +4.1% | +10.4% | - |
| EBITDA growth | -85.4% | +23.0% | +61.1% | +32.6% | -43.3% | +37.1% | - |
| PBT growth | +589.1% | +87.1% | +111.0% | +252.7% | -69.4% | +165.4% | +9998.0% |
| Net income growth | +877.8% | +40.2% | +126.2% | +439.7% | -85.7% | +213.9% | - |
| Revenue CAGR (3Y) | +22.1% | +23.0% | +21.5% | +11.4% | +12.1% | +15.6% | +21.6% |
| EBITDA CAGR (3Y) | -33.9% | +38.0% | +6.6% | +1.0% | +414.0% | +147.5% | - |
| Profitability & leverage | |||||||
| Net income margin | +97.7% | +12.0% | +8.6% | +5.4% | +1.2% | +8.8% | +3.1% |
| Return on capital employed | +9.8% | +25.9% | +21.0% | +12.6% | +5.7% | +14.0% | +7.3% |
| Return on net worth | +81.9% | +20.7% | +21.3% | +11.3% | +2.2% | +15.7% | +5.3% |
| Debt / equity | 0.02 | 0.09 | 0.16 | 0.19 | 0.21 | 0.30 | 0.44 |
| Long-term debt / equity | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.05 | 0.14 |
| Interest cover | 98.11 | 4.54 | 10.92 | 22.69 | 66.46 | 29.82 | 59.92 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.69 | 1.48 | 1.47 | 1.03 | 0.85 | 0.82 | 0.87 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 4.56 | 4.20 | 4.35 | 3.52 | 4.01 | 3.65 | 3.46 |
| EPS (₹) | 58.44 | 6.09 | 4.28 | 1.90 | 0.35 | 2.51 | 0.80 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 97.40 | 37.78 | 22.44 | 17.80 | 16.02 | 15.77 | 14.70 |
To see the full year-wise statements and ratios of Iris Regtech Solutions Limited, buy the company report.
Board of directors of Iris Regtech Solutions Limited
Iris Regtech Solutions has 6 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaswar Mukherjee | Director | 09 Oct 2017 | 9 Years 0 Months | Current |
| Balachandran Krishnan | Whole-Time Director | 03 Oct 2000 | 26 Years 0 Months | Current |
| Ashok Venkatramani Also directs: Intelligent Insights Private Limited | Director | 09 Oct 2017 | 9 Years 0 Months | Current |
| Deepta Rangarajan | Whole-Time Director | 03 Oct 2000 | 26 Years 0 Months | Current |
| Puthenpurackal Kuncheria Xavier Thomas | Whole-Time Director | 11 Nov 2022 | 3 Years 11 Months | Current |
| Madhavan Hariharan Also directs: Kwality Wall's (India) Limited, Galaxy Surfactants Ltd, Innovative Infra & Mining Solutions Limited and 1 more | Director | 14 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Iris Regtech Solutions Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (SaaS Providers), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Uniphore Software Systems Private Limited | ₹210.45 Cr (FY 2025) | -33.0% | Chennai, Tamil Nadu, India | |||
| Iris Regtech Solutions Limitedthis company | ₹128.5 Cr (FY 2026) | ₹123.71 Cr | 96.3% | 17.2% | 343 | Thane, Maharashtra, India |
| Virtual Galaxy Infotech Limited | ₹120.43 Cr (FY 2025) | 89.0% | Nagpur, Maharashtra, India | |||
| Paramotor Digital Technology Limited | ₹112.33 Cr (FY 2025) | 232.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Iris Regtech Solutions Limited, buy the company report.
Auditor
Iris Regtech Solutions Limited is audited by KKC & Associates LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KKC & Associates LLP | FY 2024 | 105146W/W100621 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 34.60%, foreign institutional investors hold 1.80%, domestic institutional investors hold 12.00% and retail and other public shareholders hold 51.60%.
Sep 2026
QUARTER
34.60% Promoters
12.00% DII (Domestic Institutional)
1.80% FII (Foreign Institutional)
51.60% Retail & Others
Promoter holding - history
Now 34.60% · Sep 2026High 34.60% · Dec 2025Low 34.60% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 34.60% | 34.60% | 34.60% | 34.60% |
| Public | 65.40% | 65.40% | 65.40% | 65.40% |
Charges & borrowings
Open charges
₹19.08 Cr
Satisfied charges
₹61.38 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2025 | 101108343 | Others | ₹6.58 Cr | Open | |
| 31 Dec 2020 | 100407806 | Others | ₹12.5 Cr | Open | |
| 31 Mar 2015 | 10604884 | Others | ₹16.75 Cr | Satisfied | |
| 12 Dec 2014 | 10542098 | Standard Chartered Bank | ₹3.39 Cr | Satisfied | |
| 10 Apr 2014 | 10506935 | Standard Chartered Bank | ₹9.3 Cr | Satisfied |
To see the full charge records of Iris Regtech Solutions Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Iris Regtech Solutions Limited has 19 deals on record (9 market trades, 9 funding rounds, 1 ipo), with disclosed funding of ₹65.01 Cr; the latest was in June 2026.
Total deals
19
Market trades
9
Funding rounds
9
IPO
1
Disclosed funding
₹65.01 Cr
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Market trade | ₹9.81 Cr | Buyer: Mansoul Commercial Pvt.Ltd. Seller: Subhkam Ventures (I) Private Limited , Subhkam Ventures (I) Private Limited |
| Jan 2020 | Market trade | ₹51.8 Lakh | Buyer: Capstocks and Securities India Private Limited Seller: Capstocks and Securities India Private Limited |
| Oct 2017 | Market trade | ₹51.3 Lakh | Seller: Edelcap Securities Limited |
| Jun 2011 | Funding round | ₹3.75 Cr | Investors: Subhkam Ventures, Pinky Ventures Private Limited , an individual |
| Jun 2010 | Funding round | ₹1.02 Cr | Investors: Subhkam Ventures, Pinky Ventures Private Limited , an individual |
To see the full deal history of Iris Regtech Solutions Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Iris Regtech Solutions Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Central Board of Trustees | Pending |
To see the full case history of Iris Regtech Solutions Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Iris Regtech Solutions Limited was last rated by Icra on 27 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 27 Sep 2021 |
To see the full credit ratings and regulatory alerts of Iris Regtech Solutions Limited, buy the company report.
MSME payment delays
Iris Regtech Solutions Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 10 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Modern Veer Rays Security Force (India) Pvt Ltd | |||
| Ijunxion IT Services Private Limited |
To see the full MSME payment records of Iris Regtech Solutions Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Iris Regtech Solutions has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Iris Logix Solutions Private Limited | U72900MH2019PTC334459 |
To see the full group structure of Iris Regtech Solutions Limited, buy the company report.
Employees & EPFO
Iris Regtech Solutions Limited has a workforce of 343 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
343
Active EPFO establishments
1
Employee growth
20.77%
GST
Iris Regtech Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI9260R1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iris Regtech Solutions Limited, buy the company report.
Recent activity
Iris Regtech Solutions Limited has 25 board changes on record since 2000: 16 appointments and 9 cessations. The latest: Vinod Balmukand Agarwala ceased to be Director on 26 Nov 2025.
AGM
Iris Regtech Solutions Limited last Annual general meeting of members was held on 14 Aug 2026 as per latest MCA records.
Filing
Iris Regtech Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai Ii.
Charges
A charge with Others of Rs. 12.50 Cr registered on 31 Dec 2020 with Charge ID 100407806 was modified on 24 Mar 2026.
Ceased
Vinod Balmukand Agarwala ceased to be Director.
Appointed
Madhavan Hariharan was appointed as Director.
Ceased
Haseeb Ahmad Drabu ceased to be Director.
Appointed
Vineet Rajendra Kandoi was appointed as CFO.
Ceased
Subramaniam Swaminathan ceased to be CEO.
Charges
A charge with Others amounted to Rs. 6.58 Cr with Charge ID 101108343 was registered on 19 Mar 2025.
Appointed
Puthenpurackal Kuncheria Xavier Thomas was appointed as Whole-Time Director.
Charges
A charge registered on 31 Mar 2015 via Charge ID 10604884 with Others was fully satisfied on 02 Mar 2022.
Charges
A charge with Others amounted to Rs. 12.50 Cr with Charge ID 100407806 was registered on 31 Dec 2020.
39 earlier events are in the company report.
News
Frequently asked questions
Iris Regtech Solutions is an active public limited company based in Thane, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 03 October 2000 (26+ years old) and is registered under CIN L72900MH2000PLC128943. Listed on BSE: 540735 and NSE: IRIS.
Iris Regtech Solutions reported revenue of ₹128.5 Cr for FY 2025-26 (up 17.2% YoY) based on consolidated financials.
Iris Regtech Solutions has 6 current directors:
- Balachandran Krishnan - Whole-Time Director
- Deepta Rangarajan - Whole-Time Director
- Puthenpurackal Kuncheria Xavier Thomas - Whole-Time Director
- Bhaswar Mukherjee - Director
- Ashok Venkatramani - Director
- Madhavan Hariharan - Director
The latest financial statements of Iris Regtech Solutions on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 14 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Iris Regtech Solutions is 27AAACI9260R1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Iris Regtech Solutions is L72900MH2000PLC128943. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Iris Regtech Solutions is a listed company as per MCA records. Its shares are listed on both BSE (code: 540735) and NSE (symbol: IRIS).
Iris Regtech Solutions has 1 court case on record: 1 filed against it. 1 is pending.
Iris Regtech Solutions was incorporated on 03 October 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Iris Regtech Solutions has 19 deals on record (9 market trades, 9 funding rounds, 1 ipo), with disclosed funding of ₹65.01 Cr; the latest was in June 2026.
The peers of Iris Regtech Solutions by revenue are Uniphore Software Systems Private Limited, Virtual Galaxy Infotech Limited, Paramotor Digital Technology Limited, all in the Information Technology industry (SaaS Providers), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Vinod Balmukand Agarwala ceased to be Director on 26 Nov 2025. Madhavan Hariharan was appointed as Director on 14 Nov 2025. Haseeb Ahmad Drabu ceased to be Director on 12 Nov 2025. Iris Regtech Solutions has 25 board changes on record in total.