Arthneeti

Iris Clothings Q2 FY27 Share Price & Earnings Call Analysis

₹55.98-0.99% today
Market cap
₹1,066 Cr
P/E
60.68
ROE
14.44%
PEG
2.42
Price to sales
5.32
Debt to equity
0.24
52W high / low
₹66.3 / ₹27.8
Sales growth (5Y)
16.74%
EBITDA margin
15.90%
Net profit margin
8.59%
Promoter holding
58.79%
Sales (last year)
₹201 Cr

IRIS Clothings Limited, incorporated in 1956, is engaged in designing, manufacturing, branding and selling garments for kids. [1]Iris Clothings Limited is a fast-growing readymade garment company and is engaged in designing, manufacturing, branding and selling garments for kids wear under the brand name DOREME in India. It produces a broad range of unique apparels for infants, toddlers and junior boys and girls.

Guidance scorecard · Q2 FY27 call

What Iris Clothings Ltd's management guided
and where it ranks in Textiles & Apparels

#6of 42 in
Textiles & Apparels
Revenue20–40%MarginsUp 0–2%CapexPlannedFundraisingWhat management saidOrder bookRising

RevenueQ1 FY27 call

20–40%
  • Iris Clothings Limited expects overall revenue growth of 30%-35% on a consolidated basis over the next 2-3 years.
  • Incremental revenue from the new INR50 crore greenfield facility in West Bengal is expected approximately 2 years from now, operational by end of next financial year.
  • Before the greenfield site is operational, the company plans to grow capacity at 20%-25% annually with incremental capex.
  • D2C (Direct-to-Consumer) and e-commerce segments are expected to grow at a much higher rate than traditional distribution. E-commerce contribution expected to rise from 5% to 10-11% this year.
  • Expansion of distribution network, retail COCO stores (targeting 100 stores by FY30) in strategic geographic clusters like Hyderabad, Bangalore, and Chennai is a key growth driver.

2 more points from Iris Clothings Ltd's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Up 0–2%

See what Iris Clothings Ltd said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • Plan to invest INR 50 crores in a greenfield manufacturing facility in West Bengal, with planning to close within the current financial year and expected commercial operation by end of next financial year.
  • Incremental capex every year to grow capacity by 20%-25% before the greenfield site becomes operational.
  • Acquisition of 51% stake in Infinia (athleisure segment), with funding planned through internal accruals; capital allocation details pending further updates.
  • Investment in state-of-the-art in-house embroidery facility with advanced Japanese machinery to enhance manufacturing capabilities.

2 more points from Iris Clothings Ltd's call on capex

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Full Q1 FY27 analysis

FundraisingQ1 FY27 call

See what Iris Clothings Ltd said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Rising

Ask what Iris Clothings Ltd said on the order book →

Full Q1 FY27 analysis
Full Textiles & Apparels ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Textiles & Apparels
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Sumeet IndustrieGood growth
    3
See all potential multibaggersWhere does Iris Clothings Ltd rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Textiles & Apparels companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹560 Cr90.6
240%+Flat₹421 Cr27.7
3Sumeet Industrie20–40%Up 2%+₹751 Cr30.3
420–40%Up 2%+₹305 Cr20.4
520–40%Up 0–2%₹2,823 Cr17.5
6Iris ClothingsThis stock20–40%Up 0–2%₹1,225 Cr69.7

Sign up free to see every company in the sector ranking and track Iris Clothings Ltd.

Pro shows every company guiding 40%+ revenue growth →Full Textiles & Apparels ranking

Iris Clothings Ltd announcements

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Financials of Iris Clothings Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Iris Clothings Ltd

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +70.94%70.94%70.94%70.94%70.94%70.94%61.17%61.17%61.17%61.17%61.17%58.79%
FIIs +0.00%0.00%0.00%0.04%0.02%0.00%0.02%0.00%0.00%0.00%0.00%0.14%
DIIs +0.00%0.00%0.00%0.00%0.00%0.00%0.91%0.88%0.88%0.79%0.74%2.55%
Public +29.06%29.06%29.06%29.02%29.04%29.06%37.90%37.95%37.95%38.03%38.09%38.52%
No. of Shareholders6,0687,1848,87711,30711,28111,38011,84212,10711,30610,76210,42710,317

Financials of Iris Clothings Ltd

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +32.1623.4842.1231.4341.2633.3840.2037.4044.3248.6760.4847.2462.16
Expenses +24.6318.0835.0425.5033.3327.3432.0932.1437.2942.6449.6839.1952.75
Operating Profit7.535.407.085.937.936.048.115.267.036.0310.808.059.41
OPM %23.41%23.00%16.81%18.87%19.22%18.09%20.17%14.06%15.86%12.39%17.86%17.04%15.14%
Other Income +0.030.020.020.040.130.020.120.030.020.030.230.050.06
Interest1.031.020.970.981.041.091.090.580.490.700.890.880.96
Depreciation1.481.611.591.711.791.791.011.081.101.201.271.841.86
Profit before tax5.052.794.543.285.233.186.133.635.464.168.875.386.65
Tax %27.52%28.67%23.13%26.22%26.58%25.16%26.75%27.55%24.54%27.40%27.40%25.46%23.61%
Net Profit +3.661.993.492.423.842.374.482.634.123.016.434.015.08
EPS in Rs0.190.100.180.130.200.120.240.140.220.160.340.210.27

Financials of Iris Clothings Ltd

Profit & Loss

Annual income statement trend

Mar 2012 8mMar 2013Mar 2014Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +0182553626087110112120144188219
Expenses +0172144504770899294116159184
Operating Profit0139111417211926282934
OPM %6%13%17%18%23%19%19%17%22%19%16%16%
Other Income +0000000000000
Interest0022233234433
Depreciation0012255656656
Profit before tax0115769141116182225
Tax %30%30%30%29%29%26%25%26%26%26%27%
Net Profit +011354710812131619
EPS in Rs0.050.060.290.270.210.340.530.430.640.690.850.98
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%

Financials of Iris Clothings Ltd

Balance Sheet

Capital structure and asset base

Mar 2012Mar 2013Mar 2014Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital0.023335516161616163840
Reserves011724282332415366104143
Borrowings +0121722213427333544503455
Other Liabilities +0589121610121720242832
Total Liabilities020294162827694109133157204270
Fixed Assets +07615143431312728273338
CWIP00001000000071
Investments0000000000000
Other Assets +01423263747456382105130164231
Total Assets020294162827694109133157204270

Financials of Iris Clothings Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2012Mar 2013Mar 2014Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +0031591223-7
Cash from Investing Activity +00-6-12-7-2-4-1-30-14
Cash from Financing Activity +002112-74-11-321
Net Cash Flow00-0-0-00-0-0000
Free Cash Flow00-2-11-26-41-12-21
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit0%51%28%51%68%21%28%24%25%-5%

Financials of Iris Clothings Ltd

Ratios

Working capital efficiency and return ratios

Mar 2012Mar 2013Mar 2014Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days69797357706279102110134140
Inventory Days201324151289445189213266392332244
Days Payable741638813120963689912210379
Cash Conversion Cycle195240136215306189224269380363305
Working Capital Days3974531384970106140160209
ROCE %12%14%22%15%18%22%16%20%18%16%

Guidance history

How Iris Clothings Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →20–40%Up 0–2%Planned—Rising
Q4 FY26 call →20–40%Up 2%+PlannedPlanned—
Q3 FY26 call →40%+Up 2%+Planned——
Q2 FY26 call →10–20%Up 0–2%Planned——

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

88out of 100

Momentum score · price trend

88 out of 100 — Strengthening

Over the past year its share price has done better than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months+69.1%90%
Last 6 months+55.2%90%
Last 3 months+12.8%82%
How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Iris Clothings Ltd: 0.4 × 90 + 0.4 × 90 + 0.2 × 82 = 88.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What Iris Clothings Ltd's management said in earlier quarters

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