Iris Clothings Limited has informed the Exchange about Transcript
IRISDOREME · price
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Awaiting price reaction for this filing.
Iris Clothings reported Q1 FY'26 revenue of INR37.4 crores, up 19% year-on-year, with EBITDA of INR5.3 crores and PAT of INR2.6 crores (up 8.7% YoY). Management guided for ~50% revenue growth in FY'26 and stated EBITDA margins will stabilize around 19-20% from Q2 onwards, attributing the current quarter's softer gross margins to a one-time sales promotion. The company raised INR47.5 crores via rights issue and allotted 1:1 bonus shares in July 2025. It added 8 distributors (taking the total to 194, target 205) and plans to expand capacity to 38,000 pieces per day with INR7-8 crore capex for new embroidery and printing machines. New product launches include travel wear, sportswear, inner wear, and infant wear, with 5-6 new EBOs planned starting in Mumbai.
Positive read for shareholders: strong top-line growth (19% YoY), margin recovery guidance of 19-20%, capacity expansion, and bonus shares signal confidence. The deferred answers on working capital, per-product economics, and own website strategy leave some open questions for investors.