Financials IRIS Business Services Limited

Equities

IRIS

INE864K01010

Software

Market Closed - Bombay S.E. 03:30:48 10/05/2024 pm IST 5-day change 1st Jan Change
180.8 INR -4.87% Intraday chart for IRIS Business Services Limited +17.79% +40.21%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 848.6 701.4 336 740.8 1,938 1,366
Enterprise Value (EV) 1 924.3 770.8 429.5 718.6 1,930 1,330
P/E ratio -14.1 x -11.5 x 72.1 x 27.2 x 194 x 31.9 x
Yield - - - - - -
Capitalization / Revenue 2.43 x 1.76 x 0.66 x 1.32 x 3.16 x 1.86 x
EV / Revenue 2.64 x 1.93 x 0.84 x 1.28 x 3.15 x 1.81 x
EV / EBITDA 328 x -17.5 x 21.2 x 16.6 x 87.5 x 24.7 x
EV / FCF -21.5 x 62.8 x -11.8 x 6.94 x -82 x 566 x
FCF Yield -4.65% 1.59% -8.51% 14.4% -1.22% 0.18%
Price to Book 2.82 x 2.9 x 1.36 x 2.7 x 7.11 x 4.33 x
Nbr of stocks (in thousands) 18,879 18,879 18,879 18,923 19,218 19,361
Reference price 2 44.95 37.15 17.80 39.15 100.8 70.55
Announcement Date 30/05/18 04/07/19 21/07/20 22/07/21 02/08/22 22/07/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 349.5 398.9 510 563.1 612.7 735.7
EBITDA 1 2.822 -44.02 20.23 43.33 22.06 53.81
EBIT 1 -42.06 -48.23 16.15 39.2 19.44 48.89
Operating Margin -12.04% -12.09% 3.17% 6.96% 3.17% 6.65%
Earnings before Tax (EBT) 1 -55.89 -53.59 5.435 21.92 16.26 52.02
Net income 1 -51.68 -61.06 4.663 27.17 9.98 42.72
Net margin -14.79% -15.31% 0.91% 4.83% 1.63% 5.81%
EPS 2 -3.184 -3.234 0.2470 1.439 0.5200 2.210
Free Cash Flow 1 -42.94 12.28 -36.55 103.6 -23.52 2.349
FCF margin -12.29% 3.08% -7.17% 18.4% -3.84% 0.32%
FCF Conversion (EBITDA) - - - 239.11% - 4.36%
FCF Conversion (Net income) - - - 381.28% - 5.5%
Dividend per Share - - - - - -
Announcement Date 30/05/18 04/07/19 21/07/20 22/07/21 02/08/22 22/07/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 75.7 69.5 93.4 - - -
Net Cash position 1 - - - 22.2 8.16 35.5
Leverage (Debt/EBITDA) 26.81 x -1.579 x 4.619 x - - -
Free Cash Flow 1 -42.9 12.3 -36.5 104 -23.5 2.35
ROE (net income / shareholders' equity) -21% -22.5% 1.89% 10.4% 3.77% 14.5%
ROA (Net income/ Total Assets) -3.95% -4.41% 1.59% 4.29% 2.05% 4.69%
Assets 1 1,309 1,386 292.6 632.8 485.9 911.7
Book Value Per Share 2 16.00 12.80 13.00 14.50 14.20 16.30
Cash Flow per Share 2 4.420 3.110 0.8900 4.470 2.440 3.510
Capex 1 0.76 1.33 2.11 1.17 11.5 24.7
Capex / Sales 0.22% 0.33% 0.41% 0.21% 1.88% 3.36%
Announcement Date 30/05/18 04/07/19 21/07/20 22/07/21 02/08/22 22/07/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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