Iris Clothings Limited
Iris Clothings Limited engages in the designing, manufacturing, branding, and sale of readymade garments in India. It offers summer wear, winter wear, sportswear, and swimwear; tops, t-shirts, pyjamas, loungewear, trousers, shorts, dresses, polyfil suits, sweatshirts, hoodies, joggers, and dryfit apparel; and accessories, including bags and bottles for infants, toddlers, boys, girls, women, and m… Read more
Iris Clothings Limited (IRISDOREME) - Net Assets
Latest net assets as of September 2025: ₹1.32 Billion INR
Based on the latest financial reports, Iris Clothings Limited (IRISDOREME) has net assets worth ₹1.32 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹1.80 Billion) and total liabilities (₹478.31 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹1.32 Billion |
| % of Total Assets | 73.45% |
| Annual Growth Rate | 31.8% |
| 5-Year Change | 111.96% |
| 10-Year Change | 1601.76% |
| Growth Volatility | 47.56 |
Iris Clothings Limited - Net Assets Trend (2014–2025)
This chart illustrates how Iris Clothings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Iris Clothings Limited (2014–2025)
The table below shows the annual net assets of Iris Clothings Limited from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹822.84 Million | +18.97% |
| 2024-03-31 | ₹691.62 Million | +21.44% |
| 2023-03-31 | ₹569.50 Million | +16.96% |
| 2022-03-31 | ₹486.91 Million | +25.43% |
| 2021-03-31 | ₹388.21 Million | +20.69% |
| 2020-03-31 | ₹321.65 Million | +12.54% |
| 2019-03-31 | ₹285.82 Million | +182.13% |
| 2018-03-31 | ₹101.31 Million | +57.49% |
| 2017-03-31 | ₹64.33 Million | +33.04% |
| 2016-03-31 | ₹48.35 Million | +15.42% |
| 2015-03-31 | ₹41.89 Million | +6.14% |
| 2014-03-31 | ₹39.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Iris Clothings 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 5146.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹658.41 Million | 80.02% |
| Common Stock | ₹163.14 Million | 19.83% |
| Other Comprehensive Income | ₹659.70 Million | 80.17% |
| Total Equity | ₹822.84 Million | 100.00% |
Iris Clothings Limited Competitors by Market Cap
The table below lists competitors of Iris Clothings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Daemyung Sonoseason Co.Ltd
KQ:007720
|
$18.72 Million |
|
Zinnwald Lithium Plc
PINK:ZNWLF
|
$18.73 Million |
|
KH Group Oyj
HE:KHG
|
$18.73 Million |
|
Automotive Stampings and Assemblies Limited
NSE:ASAL
|
$18.73 Million |
|
Full Circle Lithium Corp.
PINK:FCLIF
|
$18.71 Million |
|
Aetherium Acquisition Corp
NASDAQ:GMFI
|
$18.70 Million |
|
Jerash Holdings US Inc
NASDAQ:JRSH
|
$18.69 Million |
|
Mackolik Internet Hizmetleri Ticaret A.S.
IS:MACKO
|
$18.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Iris Clothings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 691,617,000 to 822,840,000, a change of 131,223,000 (19.0%).
- Net income of 131,223,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 659,698,000.
- Other factors decreased equity by 659,698,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹131.22 Million | +15.95% |
| Other Comprehensive Income | ₹659.70 Million | +80.17% |
| Other Changes | ₹-659.70 Million | -80.17% |
| Total Change | ₹- | 18.97% |
Book Value vs Market Value Analysis
This analysis compares Iris Clothings 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: 5.88x
- 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 24.54x to 5.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-03-31 | ₹1.21 | ₹29.69 | x |
| 2015-03-31 | ₹1.28 | ₹29.69 | x |
| 2016-03-31 | ₹1.48 | ₹29.69 | x |
| 2017-03-31 | ₹3.94 | ₹29.69 | x |
| 2018-03-31 | ₹6.21 | ₹29.69 | x |
| 2019-03-31 | ₹2.12 | ₹29.69 | x |
| 2020-03-31 | ₹1.97 | ₹29.69 | x |
| 2021-03-31 | ₹2.38 | ₹29.69 | x |
| 2022-03-31 | ₹2.98 | ₹29.69 | x |
| 2023-03-31 | ₹3.49 | ₹29.69 | x |
| 2024-03-31 | ₹4.24 | ₹29.69 | x |
| 2025-03-31 | ₹5.05 | ₹29.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Iris Clothings 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): 15.95%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.97%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 1.91x
- Recent ROE (15.95%) is below the historical average (17.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 17.25% | 2.77% | 0.85x | 7.33x | ₹2.86 Million |
| 2015 | 5.78% | 0.82% | 1.00x | 7.09x | ₹-1.77 Million |
| 2016 | 13.36% | 1.78% | 1.36x | 5.50x | ₹1.63 Million |
| 2017 | 24.83% | 3.42% | 1.47x | 4.95x | ₹9.54 Million |
| 2018 | 33.35% | 6.41% | 1.33x | 3.93x | ₹23.66 Million |
| 2019 | 17.56% | 7.85% | 0.98x | 2.28x | ₹21.60 Million |
| 2020 | 12.25% | 6.51% | 0.74x | 2.54x | ₹7.24 Million |
| 2021 | 16.83% | 7.48% | 1.15x | 1.95x | ₹26.51 Million |
| 2022 | 20.84% | 9.22% | 1.17x | 1.93x | ₹52.78 Million |
| 2023 | 14.50% | 7.31% | 1.03x | 1.92x | ₹25.64 Million |
| 2024 | 17.66% | 10.02% | 0.92x | 1.93x | ₹52.96 Million |
| 2025 | 15.95% | 8.97% | 0.93x | 1.91x | ₹48.94 Million |
Industry Comparison
This section compares Iris Clothings Limited's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $6,637,378,320
- Average return on equity (ROE) among peers: 4.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Iris Clothings Limited (IRISDOREME) | ₹1.32 Billion | 17.25% | 0.36x | $18.71 Million |
| Aditya Birla Fashion and Retail Limited (ABFRL) | $14.29 Billion | 22.48% | 3.63x | $374.74 Million |
| Arvind Fashions Limited (ARVINDFASN) | $90.00K | -11.11% | 2.44x | $338.02 Million |
| Bang Overseas Limited (BANG) | $832.73 Million | 0.11% | 0.89x | $1.27 Million |
| Bhandari Hosiery Exports Limited (BHANDARI) | $739.08 Million | 7.19% | 1.78x | $4.21 Million |
| Cantabil Retail India Limited (CANTABIL) | $774.86 Million | 6.54% | 0.77x | $58.42 Million |
| Celebrity Fashions Limited (CELEBRITY) | $1.50 Billion | -3.67% | 1.62x | $2.27 Million |
| Dollar Industries Limited (DOLLAR) | $1.45 Billion | 18.11% | 2.55x | $62.71 Million |
| Filatex Fashions Limited (FILATFASH) | $23.12 Billion | 0.41% | 0.06x | $9.78 Million |
| Future Lifestyle Fashions Limited (FLFL) | $19.22 Billion | 2.34% | 1.13x | $2.50 Million |
| Gokaldas Exports Limited (GOKEX) | $4.44 Billion | 0.77% | 1.08x | $393.89 Million |