IRISDOREME

Iris Clothings Limited

Listed company · ISIN INE01GN01025 · NSE EQ · FV ₹2
Last price
₹58
+2.87%today
What this company does

Iris Clothings Limited is a listed company. It booked ₹62 cr of revenue in its latest quarter (Q2 FY27) and kept 8.2% of sales as profit.

“Crafting Kid’s Fashion Iris Clothings is a well-established readymade garment brand with pan India presence. We are engaged in designing, manufacturing, branding and selling of kidswear under the brand DOREME in India and abroad.”
Their stated vision

“to become India’s largest kidswear brand by 2030.”

In the report:
53out of 100
Equitytale Health Score
Mixed

Healthier than 53% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 1,198–2,932 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
44

At close. Not part of the score.

Profitability & returns53

How much profit it earns on the money it employs

Balance sheet59

How much it owes, and whether earnings cover the interest

Cash quality21

Whether reported profit actually arrives as cash

Growth & consistency80

Whether sales and profit have grown, and how steadily

Valuation16

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
A mixed picture
Strengths
✓ Makes a profit
✓ Sales up 40% vs last year
✓ Profit up 23% vs last year
✓ Promoters hold 59%
✓ No promoter shares pledged
Watch-outs
! Operating cash flow is negative

What if I invest in IRISDOREME?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹58▲ +2.87%
latest close · 2026-11-04
52-wk low ₹4574 sessions so far52-wk high ₹68
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio53.3High
LowAverageHigh
P/B ratio6.23High
Below bookModerateHigh
EV / EBITDA31.2High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity11.1%Fair
WeakFairStrong ▸15%
Return on capital15.7%Strong
WeakFairStrong
Net margin8.2%Decent
ThinDecentStrong
EBITDA margin15.2%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.23Comfortable
LowModerateHigh ▸1
Interest cover7.9×Strong
RiskyOkayStrong ▸5×
Current ratio2.23Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹1,141 cr
Book value
₹9
EPS
₹0.27
latest quarter
Net debt
₹42 cr
owes more than its cash
Enterprise value
₹1,183 cr
EBITDA
₹38 cr
annualised
EBIT
₹30 cr
annualised
Operating margin
12.2%
Return on assets
7.5%
Earnings yield
1.87%
P/S
4.59
Sales / share
₹12.6
Tax rate
23.7%
Face value
₹2
Shares
19.8 cr
Working capital
₹94 cr
Current assets
₹170 cr
Current liabilities
₹76 cr
Delivery %
38.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹10–₹11, midpoint ₹11

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹62 cr
Other Income₹5.9 L
Total Income₹62 cr
Cost of Materials₹25 cr
Purchases of Stock-in-Trade₹20 cr
Inventory Change (±)₹-8 cr
Employee Benefit Expense₹9 cr
Finance Costs₹96 L
Depreciation & Amortisation₹2 cr
Other Expenses₹7 cr
Total Expenses₹56 cr
Profit before Tax₹7 cr
Tax Expense₹2 cr
Net Profit₹5 cr
Net margin on total income8.2%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹37 cr59.3%
Employee benefit expense₹9 cr14.5%
Finance costs₹96 L1.5%
Depreciation & amortisation₹2 cr3.0%
Other expenses₹7 cr10.9%
Tax expense₹2 cr2.5%
Profit for the period₹5 cr8.2%
Total income ₹62 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue60 cr47 cr62 cr
Total income61 cr47 cr62 cr
Expenses52 cr42 cr56 cr
Profit before tax9 cr5 cr7 cr
Tax2 cr1 cr2 cr
Net profit (owners' share)6 cr4 cr5 cr
Net margin (owners' share, on revenue)10.6%8.5%8.2%
EPS (₹)0.340.210.27
YoY (latest quarter): total income +40.3% · net profit +23.3%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹270 cr
Shareholder equity
₹183 cr
parent shareholders
Total debt
₹42 cr
Cash
₹27.9 L
Cash flow · H1 FY27
Operating
₹-16 cr
Investing
₹-3 cr
Financing
₹19 cr
Who owns it · 2026-09-30
No pledge
Promoter
58.8%
FII / Foreign
0.1%
DII / Domestic
2.5%
Retail / others
38.5%
Promoter stake down 12.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtSakshi Ladha · Immediate relative20,116 · ₹12.6 L26 Jun 25
BoughtSakshi Ladha · Immediate relative29,884 · ₹19.0 L25 Jun 25
BoughtShruti Ladha · Promoter Group3,000 · ₹9.4 L31 Mar 23
Bulk / block deals
BoughtNIPPON LIFE INDIA ASSET MANAGEMENT LIMITED · NSE11.54 L @ ₹57.127 Aug 26
BoughtNIPPON INDIA EQUITY OPPORTUNITIES AIF - SCHEME 6 · NSE15.00 L @ ₹5510 Aug 26
BoughtSAHARSH VINCOM PRIVATE LIMITED · NSE4.20 L @ ₹4525 Apr 25
Stake changes
SoldStellar IR Advisors Private Limited→ 13.42% · 63.96 L11 Aug 26
BothStellar IR Advisors Private Limited→ 13.42% · 36.00 L11 Aug 26
BoughtSakshi Ladha · promoter→ 0.05% · 50,00026 Jun 25
What shareholders were asked to approve
1 proposal passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 21 Sep 2026
See the official result
1
To consider and adopt the audited financial statements of the Company for the financial year ended 31st March, 2026 and the reports of the Board of Directors (“the Board”) and auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
38.72 L votes for, 164 against
2
To re-appoint Mr. Baldev Das Ladha (DIN: 03585566), who retires by rotation, and being eligible, has offered himself for reappointment.
⚑ Passed only because promoters voted yes
Backed by 0% of shareholders other than promotersneeded 50%
5,080 votes for, 38.67 L against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 8 named members
owning 58.8% between them · as of 2026-09-30
GEETA LADHA39.50%
SANTOSH LADHA6.65%
BALDEV DAS LADHA HUF3.68%
BALDEV DAS LADHA3.37%
SANTOSH LADHA (HUF)3.29%
KAMALA DEVI LADHA2.21%
SAKSHI LADHA0.05%
SHRUTI LADHA0.05%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹48 cr raised in Apr 2025 by offering new shares to existing shareholders

As of Jun 2025, the company says it has spent 101% of what it set aside.

To augment the existing and incremental working capital requirement of our Company
100%
₹35 cr of ₹35 cr
General Corporate Purposes
spent more than set aside
106%
₹8 cr of ₹8 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.