Iris Clothings Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
IRISDOREME · price
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Iris Clothings Limited reported audited financial results for FY2026. Revenue from operations grew 30.5% to ₹19,086.94 Lakhs from ₹14,627.33 Lakhs in the prior year. Profit after tax increased 23.4% to ₹1,619.24 Lakhs from ₹1,312.23 Lakhs. The company raised ₹4,758.28 Lakhs through a rights issue and issued bonus shares in 1:1 ratio during the year. EBITDA margin compressed from approximately 19.3% to 15.4% due to higher raw material and purchase costs. Operating cash flow turned negative at -₹670.42 Lakhs compared to +₹253.48 Lakhs in the prior year, primarily due to increased working capital requirements (trade receivables up ₹2,802.65 Lakhs). Borrowings reduced significantly from ₹3,751.60 Lakhs to ₹2,006.14 Lakhs. The statutory auditor issued an unmodified (clean) opinion.
Revenue growth exceeding 30% shows strong operational performance, but margin compression and negative operating cash flow are concerns for investors. The significant reduction in debt is positive, though working capital management needs monitoring.