| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 62.2 | 44.3 | +40.2% |
| EBITDA | 9.4 | 7.0 | +33.9% |
| EBITDA margin | 15.1% | 15.9% | −0.7 pts |
| Profit before tax | 6.7 | 5.5 | +21.9% |
| Net profit | 5.1 | 4.1 | +23.3% |
| EPS | ₹0.27 | ₹0.44 | −38.6% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 1,065 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 0.3 | 0.2 | 0.1 | 0.0 | 0.0 | ||
| 20.1 | 20.1 | 37.5 | 34.4 | 28.5 | ||
| 1,085 | — | — | — | — | ||
| 219 | 191 | 146 | 122 | 113 | ||
| — | +30.5% | +20.0% | +7.9% | — | ||
| 34.3 | 29.1 | 28.0 | 26.3 | 19.4 | ||
| 15.7% | 15.3% | 19.2% | 21.6% | 17.2% | ||
| 28.1 | 24.5 | 21.7 | 20.2 | 14.1 | ||
| 18.5 | 16.2 | 13.1 | 12.2 | 8.3 | ||
| 8.5% | 8.5% | 9.0% | 10.0% | 7.3% | ||
| ₹0.97 | ₹0.85 | ₹0.69 | ₹0.64 | ₹0.43 | ||
| — | +23.4% | +7.5% | +47.9% | — | ||
| — | −6.7 | 2.5 | 1.7 | 1.3 | ||
| — | −16.8 | −0.8 | −2.7 | −2.0 | ||
| −23.5 | −23.5 | 1.7 | −1.0 | −0.7 | ||
From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 1,065.5 | |
| - Cash, Equiv & ST Investments | 0.0 | 0.0 | 0.1 | 0.2 | 0.3 | |
| + Total Debt | 28.5 | 34.4 | 37.5 | 20.1 | 20.1 | |
| Enterprise Value | — | — | — | — | 1,085.3 | |
| Revenue | 113.0 | 121.9 | 146.3 | 190.9 | 218.5 | |
| Growth %, YoY | — | +7.9 | +20.0 | +30.5 | — | |
| EBITDA | 19.4 | 26.3 | 28.0 | 29.1 | 34.3 | |
| Margin % | 17.17 | 21.60 | 19.15 | 15.26 | 15.69 | |
| EBIT | 14.1 | 20.2 | 21.7 | 24.5 | 28.1 | |
| Net Income | 8.3 | 12.2 | 13.1 | 16.2 | 18.5 | |
| Margin % | 7.31 | 10.02 | 8.97 | 8.48 | 8.48 | |
| EPS, Adj (current shares) | 0.43 | 0.64 | 0.69 | 0.85 | 0.97 | |
| Growth %, YoY | — | +47.9 | +7.5 | +23.4 | — | |
| Cash from Operations | 1.3 | 1.7 | 2.5 | -6.7 | — | |
| Capital Expenditures | -2.0 | -2.7 | -0.8 | -16.8 | — | |
| Free Cash Flow | -0.7 | -1.0 | 1.7 | -23.5 | -23.5 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Iris Clothings (NSE: IRISDOREME) had a market capitalisation of ₹1,074 crore at the 30 October 2026 close (₹54.22 a share), a PE ratio of 57.9 on the last four quarters' profit and a price-to-book ratio of 5.87. In FY26 its consolidated net profit was ₹16.2 crore on revenue of ₹191 crore; in Q2 FY27 (July–September 2026) it was ₹5.1 crore, up 23.3% year on year. Its debt-to-equity ratio was 0.23 on 30 September 2026. Promoters held 58.79% of the shares on 30 September 2026.
Iris Clothings' PE ratio is 57.9 at the 30 October 2026 close (₹54.22 a share): a market capitalisation of ₹1,074 crore divided by consolidated net profit of ₹18.5 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹16.2 crore) it is 66.3.
Iris Clothings' debt-to-equity ratio was 0.23 on 30 September 2026: borrowings of ₹42.1 crore against total equity of ₹183 crore. A year earlier, on 30 September 2025, it was 0.09.
Iris Clothings' net worth — shareholders' equity in its consolidated balance sheet — was ₹183 crore on 30 September 2026, up 38.4% from ₹132 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,074 crore at the 30 October 2026 close.
Iris Clothings' price-to-book (PB) ratio is 5.87 at the 30 October 2026 close: a market capitalisation of ₹1,074 crore divided by shareholders' equity (book value) of ₹183 crore on 30 September 2026. That is a book value of ₹9.24 per share against a share price of ₹54.22.
In FY26, Iris Clothings' return on equity (ROE) was 14.5% and its return on capital employed (ROCE) was 19.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 17.3% and ROCE 25.3%.
Iris Clothings' book value per share was ₹9.24 on 30 September 2026: shareholders' equity of ₹183 crore divided by the 19.8 crore shares in issue, up 33.0% from ₹6.95 a year earlier. The share price at the 30 October 2026 close was ₹54.22.
Iris Clothings' market capitalisation was ₹1,074 crore at the 30 October 2026 close: 19.8 crore shares at ₹54.22 each.
No. Iris Clothings had borrowings of ₹42.1 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.23. Its cash and current investments were ₹1.2 crore, so its net debt was ₹40.9 crore.
Iris Clothings' basic earnings per share (EPS) were ₹0.85 in FY26. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹0.98.
Promoters held 58.79% of Iris Clothings on 30 September 2026, down 2.38 percentage points from 61.17% the previous quarter and down 2.38 percentage points from 61.17% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Iris Clothings generated ₹6.7 crore of cash from operations and spent ₹16.8 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹23.5 crore. In FY25 it was ₹1.7 crore.
Iris Clothings has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On 30 September 2026, Iris Clothings' shares were held by promoters 58.79%, foreign portfolio investors (FII/FPI) 0.14%, domestic institutions (DII) 2.55% and retail and other non-institutional investors 38.52%. Over the year, FII holding was up 0.14 percentage points from 0.00% and DII holding was up 1.67 percentage points from 0.88%.
Iris Clothings' latest results are for Q2 FY27 (July–September 2026), filed on 27 October 2026: consolidated net profit ₹5.1 crore, up 23.3% from ₹4.1 crore in Q2 FY26; revenue from operations ₹62.2 crore, up 40.2% year on year.
At the 30 October 2026 closing prices, on FY26 net profit, Iris Clothings' PE ratio is 66.3, the second highest of the four: Ice Make Refrigeration 84.5, Krishana Phoschem 39.2 and MMP Industries 37.4, a peer average of 53.7. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26 (April 2025–March 2026), Iris Clothings' consolidated net profit was ₹16.2 crore, up 23.4% from ₹13.1 crore in FY25, on revenue from operations of ₹191 crore (up 30.5%). Over three years, from FY23, net profit was up 96.1%.
On FY26 consolidated figures, against Ice Make Refrigeration, Krishana Phoschem and MMP Industries: Iris Clothings' operating margin of 12.8% is the highest of the four (Ice Make Refrigeration 4.2%, Krishana Phoschem 10.9%, MMP Industries 6.5%; peer average 7.2%); its return on equity of 14.5% is the second highest of the four (Ice Make Refrigeration 9.5%, Krishana Phoschem 38.2%, MMP Industries 9.3%; peer average 19.0%); its revenue growth over three years of 19.1% a year is the third highest of the four (Ice Make Refrigeration 28.9% a year, Krishana Phoschem 95.7% a year, MMP Industries 15.3% a year; peer average 46.6% a year).
In FY26, Iris Clothings earned net profit of ₹16.2 crore on revenue of ₹191 crore, against ₹12.2 crore on ₹668 crore for Ice Make Refrigeration. Iris Clothings' operating margin was 12.8% (Ice Make Refrigeration 4.2%) and its return on equity 14.5% (Ice Make Refrigeration 9.5%). At the 30 October 2026 close, Iris Clothings' market capitalisation was ₹1,074 crore against ₹1,030 crore for Ice Make Refrigeration, and its PE ratio on FY26 profit 66.3 against 84.5.
From Iris Clothings' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.