The company’s financial trend score moved from a negative -15 to a positive 8 over the last three months, signalling an adjustment in evaluation. Key quarterly metrics reveal that IRIS Business Services recorded its highest operating cash flow for the year at ₹27.78 crores, alongside a peak quarterly profit after tax (PAT) of ₹16.08 crores. Earnings per share (EPS) for the quarter also reached a high of ₹56.83, while the debtors turnover ratio for the half-year stood at 4.65 times, indicating efficient receivables management.
Fundamentals that don't lie! This Small Cap from Trading shows consistent growth and price strength over time. A reliable pick you can truly count on.
- Strong fundamental track record
- Consistent growth trajectory
- Reliable price strength
Despite these positive indicators, certain financial parameters for IRIS Business Services remain subdued. The return on capital employed (ROCE) for the half-year registered at -53.05%, reflecting a contraction in capital efficiency. Operating profit to net sales for the quarter was at a low 0.53%, and profit before depreciation, interest, and tax (PBDIT) stood at ₹0.15 crores, the lowest recorded in recent periods. Additionally, profit before tax excluding other income (PBT less OI) showed a significant negative figure of ₹-115.45 crores for the quarter.
Market performance data highlights a divergence between IRIS Business Services and the broader market. The stock’s one-week return was -9.21%, contrasting with the Sensex’s 0.96% gain. Over one month, the stock posted a 3.26% return, slightly outperforming the Sensex’s 0.86%. However, year-to-date and one-year returns for IRIS Business Services were negative at -29.78% and -18.74% respectively, while the Sensex recorded positive returns of 8.36% and 9.48% over the same periods. Longer-term returns over three and five years show substantial gains for the stock at 334.03% and 792.78%, far exceeding the Sensex’s 37.31% and 91.65% respectively.
Why settle for IRIS Business Services ? SwitchER evaluates this Software Products micro-cap against peers, other sectors, and market caps to find you superior investment opportunities!
- Comprehensive evaluation done
- Superior opportunities identified
- Smart switching enabled
IRIS Business Services’ current market price stands at ₹321.40, down from the previous close of ₹338.25. The stock’s 52-week trading range spans from ₹229.10 to ₹573.65, with intraday fluctuations between ₹321.35 and ₹329.60 on the latest trading day. The company’s market capitalisation grade remains at 4, reflecting its micro-cap status within the software products sector.
In summary, IRIS Business Services’ recent quarterly financials indicate a positive adjustment in its financial trend, supported by strong cash flow and earnings metrics. However, challenges persist in profitability margins and capital returns, which continue to influence the stock’s short-term market performance. Investors analysing this stock should consider both the recent parameter changes and the broader market context when evaluating its prospects.
Limited Time Only! Subscribe for Rs. 12,999 and get 1 Year of MojoOne + an Additional Year Completely FREE. Don't miss out on this exclusive offer. Claim Your Free Year →
