Iris Business Services Limited (IRIS) - Net Assets

Latest as of March 2026: Rs2.01 Billion INR ≈ $21.71 Million USD

Based on the latest financial reports, Iris Business Services Limited (IRIS) has net assets worth Rs2.01 Billion INR (≈ $21.71 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.53 Billion ≈ $27.33 Million USD) and total liabilities (Rs519.80 Million ≈ $5.62 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check IRIS goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs2.01 Billion
% of Total Assets	79.43%
Annual Growth Rate	17.74%
5-Year Change	635.56%
10-Year Change	951.71%
Growth Volatility	50.54

Iris Business Services Limited - Net Assets Trend (2013–2026)

This chart illustrates how Iris Business Services Limited's net assets have evolved over time, based on quarterly financial data. See IRIS defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Iris Business Services Limited (2013–2026)

The table below shows the annual net assets of Iris Business Services Limited from 2013 to 2026. For live valuation and market cap data, see IRIS company net worth.

Year	Net Assets	Change
2026-03-31	Rs2.01 Billion ≈ $21.71 Million	+163.77%
2025-03-31	Rs761.01 Million ≈ $8.23 Million	+84.97%
2024-03-31	Rs411.42 Million ≈ $4.45 Million	+30.06%
2023-03-31	Rs316.33 Million ≈ $3.42 Million	+15.91%
2022-03-31	Rs272.90 Million ≈ $2.95 Million	-0.72%
2021-03-31	Rs274.87 Million ≈ $2.97 Million	+11.53%
2020-03-31	Rs246.47 Million ≈ $2.67 Million	+2.00%
2019-03-31	Rs241.63 Million ≈ $2.61 Million	-19.75%
2018-03-31	Rs301.09 Million ≈ $3.26 Million	+57.75%
2017-03-31	Rs190.86 Million ≈ $2.06 Million	-32.00%
2016-03-31	Rs280.69 Million ≈ $3.04 Million	-20.39%
2015-03-31	Rs352.60 Million ≈ $3.81 Million	+6.64%
2014-03-31	Rs330.63 Million ≈ $3.58 Million	+37.56%
2013-03-31	Rs240.35 Million ≈ $2.60 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Iris Business Services Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	Rs205.68 Million	10.25%
Other Components	Rs1.80 Billion	89.75%
Total Equity	Rs2.01 Billion	100.00%

Iris Business Services Limited Competitors by Market Cap

The table below lists competitors of Iris Business Services Limited ranked by their market capitalization.

Company	Market Cap
Formet Celik Kapi Sanayi ve Ticaret AS IS:FORMT	$53.51 Million
Epitomee Medical Ltd TA:EPIT	$53.52 Million
BitFuFu Inc. Class A Ordinary Shares NASDAQ:FUFU	$53.52 Million
Ildong Holdings Co Ltd KO:000230	$53.57 Million
LB Aluminium Bhd KLSE:9326	$53.50 Million
Eltek Ltd NASDAQ:ELTK	$53.49 Million
Croda International PLC LSE:CRDA	$53.48 Million
Brera Holdings PLC NASDAQ:SLMT	$53.47 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Iris Business Services Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 756,893,000 to 2,007,147,000, a change of 1,250,254,000 (165.2%).
Net income of 1,264,894,000 contributed positively to equity growth.
New share issuances of 3,027,000 increased equity.
Other comprehensive income increased equity by 2,294,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs1.26 Billion	+63.02%
Share Issuances	Rs3.03 Million	+0.15%
Other Comprehensive Income	Rs2.29 Million	+0.11%
Other Changes	Rs-19.96 Million	-0.99%
Total Change	Rs-	165.18%

Book Value vs Market Value Analysis

This analysis compares Iris Business Services Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 2.49x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 18.89x to 2.49x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-03-31	Rs12.73	Rs240.55	x
2014-03-31	Rs17.51	Rs240.55	x
2015-03-31	Rs18.68	Rs240.55	x
2016-03-31	Rs14.87	Rs240.55	x
2017-03-31	Rs10.12	Rs240.55	x
2018-03-31	Rs18.55	Rs240.55	x
2019-03-31	Rs12.80	Rs240.55	x
2020-03-31	Rs13.05	Rs240.55	x
2021-03-31	Rs13.79	Rs240.55	x
2022-03-31	Rs14.16	Rs240.55	x
2023-03-31	Rs16.33	Rs240.55	x
2024-03-31	Rs21.01	Rs240.55	x
2025-03-31	Rs37.36	Rs240.55	x
2026-03-31	Rs96.72	Rs240.55	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Iris Business Services Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 63.02%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 98.44%
• Asset Turnover: 0.51x
• Equity Multiplier: 1.26x
Recent ROE (63.02%) is above the historical average (5.83%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	29.52%	11.36%	1.10x	2.37x	Rs46.94 Million
2014	26.89%	13.11%	1.11x	1.85x	Rs55.83 Million
2015	8.40%	5.41%	0.87x	1.79x	Rs-5.65 Million
2016	-26.83%	-23.40%	0.51x	2.23x	Rs-103.42 Million
2017	-50.46%	-35.28%	0.46x	3.13x	Rs-115.47 Million
2018	-17.14%	-14.77%	0.48x	2.44x	Rs-81.73 Million
2019	-25.27%	-15.31%	0.63x	2.62x	Rs-85.23 Million
2020	1.89%	0.91%	0.81x	2.57x	Rs-19.97 Million
2021	15.89%	7.24%	1.01x	2.18x	Rs15.33 Million
2022	3.66%	1.63%	1.02x	2.21x	Rs-17.28 Million
2023	13.54%	5.81%	1.05x	2.22x	Rs11.18 Million
2024	21.23%	8.50%	1.33x	1.88x	Rs45.98 Million
2025	17.21%	10.34%	1.00x	1.66x	Rs54.57 Million
2026	63.02%	98.44%	0.51x	1.26x	Rs1.06 Billion

Industry Comparison

This section compares Iris Business Services Limited's net assets metrics with peer companies in the Software - Application industry.

Industry Context

Industry: Software - Application
Average net assets among peers: $4,134,990,917
Average return on equity (ROE) among peers: -1.26%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Iris Business Services Limited (IRIS)	Rs2.01 Billion	29.52%	0.26x	$53.51 Million
63 moons technologies limited (63MOONS)	$17.21 Billion	11.31%	0.59x	$333.03 Million
Black Box Limited (BBOX)	$-478.30 Million	0.00%	0.00x	$2.00 Billion
Bharatiya Global Infomedia Limited (BGLOBAL)	$195.36 Million	12.81%	0.28x	$541.43K
ZINKA LOGISTICS SOL LTD (BLACKBUCK)	$3.53 Billion	-82.37%	0.86x	$1.08 Billion
California Software Company Limited (CALSOFT)	$60.77 Million	7.17%	0.10x	$4.05 Million
eMudhra Limited (EMUDHRA)	$6.62 Billion	11.34%	0.13x	$410.41 Million
InfoBeans Technologies Limited (INFOBEAN)	$1.06 Billion	15.73%	0.08x	$44.31 Million
Intellect Design Arena Limited (INTELLECT)	$8.57 Billion	5.45%	0.64x	$1.13 Billion
IZMO Limited (IZMO)	$443.39 Million	7.26%	0.31x	$165.75 Million

About Iris Business Services Limited

NSE:IRIS India Software - Application

Market Cap

$53.51 Million

Rs4.95 Billion INR

Market Cap Rank

#21706 Global

#1200 in India

Share Price

Rs240.55

Change (1 day)

+4.81%

52-Week Range

Rs210.91 - Rs412.85

All Time High

Rs575.00