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NSE:IRIS

IRIS REGTECH SOLUTION LTD

Information Technology › IT - Software
₹211.00
at close · 8 Oct 2026
▼ 13.00 (-5.80%)

Latest filings

  1. Trading window closure from Oct 1 ahead of Q2 results · Compliance
  2. IRIS RegTech Solutions to meet Jupiter Financial on 8 September · Board & Shareholder Meetings
  3. WOS incorporated in UAE - IRIS Gulf Regulatory Technology L.L.C · Strategic Transactions
All filings ↓
Ask Nexa about IRIS REGTECH SOLUTION LTD

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Builds software platforms for government regulators and regulated enterprises across SupTech, RegTech, DataTech and Others segments. SupTech, which contributed 59.8% of segment revenue at ₹73.6004 crore in FY26, sells regulatory technology platforms to government agencies and added three new customers including the Government of Qatar for tax reporting. RegTech, at 35.4% of segment revenue (₹43.5737 crore), runs the IRIS CARBON platform for corporate disclosure management and ESG reporting, with ARR growing 33%. DataTech (1.5%, ₹1.8762 crore) houses the IRIS Peridot MSME loan facilitation business piloted with three lenders. The TaxTech business was divested to Sovos for ₹153.39 crore in 2025, producing exceptional items EBIT of ₹126.3119 crore. Employee cost at 52.8% of revenue is by far the largest cost, followed by other operating expenses at 39.3%.

Revenue mix · reported segments
SupTech59.8%
RegTech35.4%
Others3.2%
DataTech1.5%
Operating scale
Countries served
55+FY26
Regulators served
30+FY26
IRIS iDEAL ARR growth
17%FY26
Days receivable
75-80 daysFY26
Cash on balance sheet
₹155 croreFY26
Net worth
₹200 croreFY26
Who pays it
Government regulators (tax authorities, central banks, financial supervisors), BFSI firms filing automated regulatory reports, and corporates needing disclosure management and ESG reporting
Biggest cost
Employee cost at 52.8% of revenue, the largest expense line
Kind of business
Asset-light software and SaaS business with recurring revenue, serving regulated industries
Where it sits
India's only listed RegTech/SupTech company, operating across 55+ countries serving 30+ regulators
Market Cap
₹434 Cr
P / E (TTM)
3.5×
EV / EBITDA
22.0×
Div Yield
—
Growth
17.9%▲
Revenue 5y CAGR
PAT — · EBITDA —
Quality
16.7%▲
ROCE (5y median)
ROE 17.4% (5y median) · margin 15.4%
Leverage
0.01·
Debt / Equity · low
Net cash ₹12 Cr
Revenue FY21→FY26
2.3×▲
Revenue change
₹56 Cr → ₹128 Cr
Cash conversion
0.97×·
Operating cash ÷ profit · 5 yrs
₹150 Cr on ₹154 Cr
Moves on a normal day
1.56%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 43 Software Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#4/32
P/B#22/38
ROCE#16/40
ROE#1/38
Debt / Equity#21/38
EBITDA margin#29/35
Revenue growth#17/33
Profit growth#40/41

Scorecard

Measured from the filed financials, judged against its Software Products peers · as of FY26 — not investment advice

Strengths
Revenue compounding 18% a year over 5 years
Returns on capital 16.7% (5-year median)
#16 of 40 in Software Products on the latest reported figures · down from 12.3% in FY21
Concerns
Nothing flagged in the filed numbers.

Charts

How has the market priced it — with filings on the timeline?

IRIS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from IRIS REGTECH SOLUTION LTD's filed financials and exchange disclosures

What does IRIS REGTECH SOLUTION LTD do?

IRIS REGTECH SOLUTION LTD is a IT - Software company listed on NSE and BSE, trading under the symbol IRIS.

Is IRIS REGTECH SOLUTION LTD profitable?

Yes. Over the trailing twelve months IRIS REGTECH SOLUTION LTD reported a net profit of ₹125 Cr on revenue of ₹136 Cr.

Does IRIS REGTECH SOLUTION LTD pay a dividend?

Not in the latest reported year — IRIS REGTECH SOLUTION LTD's dividend payout for FY26 was nil.

Is IRIS REGTECH SOLUTION LTD debt-free?

On a net basis, yes. It reported borrowings of ₹1.00 Cr on its 31 Mar 2026 balance sheet, but holds ₹12 Cr more cash than debt.

Is IRIS REGTECH SOLUTION LTD expensive compared with its peers?

On trailing P/E, IRIS REGTECH SOLUTION LTD ranks 4 of 32 in Software Products — cheaper than 90% of them, against an industry median of 19.6×. This is a position, not a valuation judgement.

How much does the IRIS REGTECH SOLUTION LTD share price move in a day?

On a typical session IRIS REGTECH SOLUTION LTD moves 1.56% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track IRIS REGTECH SOLUTION LTD's announcements?

Every NSE and BSE filing by IRIS REGTECH SOLUTION LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.