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Earnings Call

IRIS Clothings Earnings Call: Key Takeaways

Iris Clothings delivered strong FY26 revenue growth of 30.5% but faced margin compression from 19.3% to 15.4% due to low-margin product expansion and D2C launch costs.

Why this was an Alfa AlertNot a filter event. Results met expectations but did not materially exceed prior guidance by 5% on primary metrics.
Highlights
Revenue growthTotal income grew 30.5% YoY reaching ₹190.8 crore.
MarginsEBITDA margin contracted to 15.4% due to competitive pricing and D2C costs.
Demand visibilityStrong visibility in organized kidswear, specifically in South India and UP.
Management confidenceBalanced but aggressive on expansion into D2C and new categories.

Growth

Revenue grew 30.5% YoY to ₹190.8cr, driven by B2B expansion and the new D2C channel.

Outlook

Targeting 30-35% revenue growth for FY27; aim to return to 19-20% EBITDA margins within two years.

Risks

EBITDA margins dropped significantly; aggressive EBO and digital expansion may strain cash flows given low current reserves.

Source

Earnings Call filed with NSE, NSE: IRISDOREME. Summary written with AI assistance from the document.

Read the document ↗

IRIS Clothings Ltd: key numbers

Share price
₹66.15
Market cap
₹1,259 Cr
Revenue (annual)
₹190.9 Cr
Net profit (annual)
₹16.19 Cr
P/E (TTM)
71.6×Sector 55.7×
Promoter holding
61.17%+0.00% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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From
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IRIS Clothings Capital Structure Change

Iris Clothings Limited has allotted 77,08,183 equity shares on a preferential basis at Rs.41.67 per share. The total transaction value aggregates to Rs.32.12 Crore.

Value
₹32.12 Cr