Iris Clothings Limited has informed the Exchange about Transcript

Iris Clothings Limited reported FY26 total income of INR 190.8 crores, up 30.5% YoY, with Q4 FY26 income at INR 60.4 crores. EBITDA for FY26 was INR 29.4 crores (15.4% margin) versus INR 28.3 crores (19.3% margin) in FY25, reflecting margin compression. The company is transitioning from garment manufacturing to a branded kidswear player under the DOREME brand. Key initiatives include launching a D2C platform targeting 65% gross margin and 20-22% EBITDA margins within 2 years, expanding EBO stores from 7 to 8-10 in FY27, and planning a greenfield expansion of 2 lakh sq ft with INR 50 crores capex targeting INR 300-500 crores incremental revenue. The distributor network has grown to 260 across 26 states, with focus on southern states. Digital platform currently contributes around 300 orders per day and is expected to reach 10% revenue contribution this year, scaling to 20-25% next year.