Iris Business Services Limited (IRIS) - Net Assets

Latest as of September 2025: Rs1.89 Billion INR ≈ $20.45 Million USD

Based on the latest financial reports, Iris Business Services Limited (IRIS) has net assets worth Rs1.89 Billion INR (≈ $20.45 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.50 Billion ≈ $27.06 Million USD) and total liabilities (Rs611.02 Million ≈ $6.61 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 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs1.89 Billion
% of Total Assets	75.58%
Annual Growth Rate	10.08%
5-Year Change	176.86%
10-Year Change	171.13%
Growth Volatility	32.43

Iris Business Services Limited - Net Assets Trend (2013–2025)

This chart illustrates how Iris Business Services Limited's net assets have evolved over time, based on quarterly financial data. Also explore Iris Business Services Limited assets under control for the complete picture of this company's asset base.

Annual Net Assets for Iris Business Services Limited (2013–2025)

The table below shows the annual net assets of Iris Business Services Limited from 2013 to 2025. For live valuation and market cap data, see IRIS company net worth.

Year	Net Assets	Change
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 grown by 126.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs231.72 Million	30.61%
Common Stock	Rs205.38 Million	27.13%
Other Comprehensive Income	Rs-2.29 Million	-0.30%
Other Components	Rs322.09 Million	42.55%
Total Equity	Rs756.89 Million	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
Shenzhen CAU Technology Co Ltd SHE:000004	$53.47 Million
C3 Metals Inc V:CCCM	$53.47 Million
Guler Yatirim Holding AS IS:GLRYH	$53.49 Million
Latitude Tree Holdings Bhd KLSE:7006	$53.50 Million
Singsongholdin KO:006880	$53.45 Million
The Ugar Sugar Works Limited NSE:UGARSUGAR	$53.45 Million
BE Group AB ST:BEGR	$53.44 Million
Awanbiru Technology Bhd KLSE:5204	$53.44 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 2024 to 2025, total equity changed from 409,561,000 to 756,893,000, a change of 347,332,000 (84.8%).
Net income of 130,264,000 contributed positively to equity growth.
New share issuances of 204,187,000 increased equity.
Other comprehensive income increased equity by 8,148,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs130.26 Million	+17.21%
Share Issuances	Rs204.19 Million	+26.98%
Other Comprehensive Income	Rs8.15 Million	+1.08%
Other Changes	Rs4.73 Million	+0.63%
Total Change	Rs-	84.81%

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: 6.43x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 18.87x to 6.43x 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	Rs240.33	x
2014-03-31	Rs17.51	Rs240.33	x
2015-03-31	Rs18.68	Rs240.33	x
2016-03-31	Rs14.87	Rs240.33	x
2017-03-31	Rs10.12	Rs240.33	x
2018-03-31	Rs18.55	Rs240.33	x
2019-03-31	Rs12.80	Rs240.33	x
2020-03-31	Rs13.05	Rs240.33	x
2021-03-31	Rs13.79	Rs240.33	x
2022-03-31	Rs14.16	Rs240.33	x
2023-03-31	Rs16.33	Rs240.33	x
2024-03-31	Rs21.01	Rs240.33	x
2025-03-31	Rs37.36	Rs240.33	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): 17.21%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 10.34%
• Asset Turnover: 1.00x
• Equity Multiplier: 1.66x
Recent ROE (17.21%) is above the historical average (1.43%), 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

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: $6,659,680,986
Average return on equity (ROE) among peers: -57.10%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Iris Business Services Limited (IRIS)	Rs1.89 Billion	29.52%	0.32x	$53.46 Million
63 moons technologies limited (63MOONS)	$31.20 Billion	7.81%	0.26x	$372.07 Million
Black Box Limited (BBOX)	$3.06 Billion	1.21%	2.94x	$1.23 Billion
Bharatiya Global Infomedia Limited (BGLOBAL)	$911.29 Million	1.21%	0.24x	$531.15K
ZINKA LOGISTICS SOL LTD (BLACKBUCK)	$5.85 Billion	-48.64%	0.54x	$1.08 Billion
California Software Company Limited (CALSOFT)	$150.48 Million	-515.33%	7.36x	$2.40 Million
eMudhra Limited (EMUDHRA)	$7.47 Billion	11.33%	0.16x	$433.25 Million
InfoBeans Technologies Limited (INFOBEAN)	$281.77 Million	19.71%	0.13x	$47.18 Million
Intellect Design Arena Limited (INTELLECT)	$10.57 Billion	1.51%	0.77x	$1.12 Billion
IZMO Limited (IZMO)	$443.39 Million	7.26%	0.31x	$114.72 Million

About Iris Business Services Limited

NSE:IRIS India Software - Application

Market Cap

$53.46 Million

Rs4.94 Billion INR

Market Cap Rank

#21647 Global

#1192 in India

Share Price

Rs240.33

Change (1 day)

+1.69%

52-Week Range

Rs210.91 - Rs412.85

All Time High

Rs575.00