ALPHA TRIBE

Iris Business Services LimitedPPTs, 26-11-2024: Investor Presentation

26-11-2024 | 06:26 pm

**Financial Highlights:** In FY 2024, IRIS Business Services reported a revenue of ₹6,202 lakhs, representing growth from ₹4,584 lakhs in FY 2023, with a notable EBITDA increase to ₹1,588 lakhs, up from ₹793 lakhs. The net profit also saw growth, rising to ₹879 lakhs from ₹101 lakhs, demonstrating improved financial health and profitability.

**Strategic Initiatives and Growth Drivers:** The company continues to focus on expanding its SupTech and RegTech segments, which have shown significant revenue increases. IRIS has plans to leverage AI technologies and enhance its iFile solution for better reporting efficiency, targeting a quicker implementation timeline and improved scalability.

**Business Developments:** IRIS has successfully launched the next version of its filing platform, iFile 2.0, which aims to reduce implementation time and improve user experience, as well as expanding into new global markets. It serves regulators and enterprises across multiple regions, enhancing its customer base.

**Market Position and Competitive Advantage:** IRIS retains a competitive edge through its emphasis on compliance-driven solutions and a strong portfolio that includes regulatory software for various sectors, which has enabled it to capture substantial market share in India.

**Investor Implications:** With solid revenue growth and proactive expansion plans, the company presents a positive outlook for investors, indicating strong potential for continued growth in both domestic and international markets. The focus on AI and automation further aligns with market trends, positioning IRIS well for future opportunities.

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