Iris Regtech Solutions Limited · NSE:IRIS
Iris Regtech Solutions — IRIS Business Services — FY2023 Earnings Presentation
24 slides from Iris Regtech Solutions's earnings presentation, May 26, 2023
Slide 1: Exchange filing cover letter for earnings presentation
26th May, 2023 To, BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Exchange Plaza, 5th Floor, Plot No C/1, Phiroze Jeejeebhoy Towers, G Block, Bandra-Kurla Complex, Dalal Street, Bandra (East), Mumbai - 400 051 Mumbai 400 001 Scrip Code: 540735 Symbol: IRIS De
Slide 2: FY23 Earnings Deck
FY23 Earnings Deck 26th May 2023 www.irisbusiness.com
Slide 3: Disclaimer
DISCLAIMER This does not constitute a prospectus or placement memorandum or an offer to acquire any securities. This presentation or any other documentation or information (or any part thereof) delivered or supplied should not be deemed to constitute an offer. No representation or warranty, express
Slide 4: About IRIS
Partner . Geta ¥ IRIS INDIA'S BEST FE' FINTECH FE-Bost Bonk Awards recog the Best Fintech for yoor 2020 HONOURING THE BANKS ‘THATINDIA CAN BANK ON COMPLIANCE & ANALYTICS SOLUTIONS FOR SIMPLIFIED REPORTING EMPOWERED ENTERPRISE FEATURES PRODUCTS SERVICES
Slide 5: IRIS: A Regtech SaaS company
IRIS: A Regtech SaaS company Our delivery mode is SaaS do we do it How What And do we do therefore We are in the business That makes us Regtech of Regtech SaaS * India’s only listed Regtech SaaS Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 4
Slide 6: About IRIS
About IRIS • Public company, listed on the BSE and NSE stock exchanges • India's only listed SaaS company that provides technology solutions/services in the regulatory technology space across 44 countries globally • 400+ professionals, including technologists and accountants • Active members of seve
Slide 7: Our Regtech Business
Our Regtech Business COLLECT • TAXONOMY & CONSULTING: • IRIS IFILE: On Prem Taxonomy design Filing platform for regulators and development, Consulting, to help them receive pre training and R&D validated data Collect • CARBON: SAAS Document • IRISGST : SAAS An end-to-end Authoring and Compliance sol
Slide 8: Our Global Footprint
Our Global Footprint 50 Countries 30+ XBRL Projects 400+ XBRL Experts Millions of Filings Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 7
Slide 9: Marquee Clientele
Marquee Clientele BUSINESS REGISTRIES CENTRAL BANKS SECs & STOCK EXCHANGES FILERS / OTHERS Country Secs & STOCK Exchanges Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 8
Slide 10: Collect Segment – Our Offering to Regulators
Collect Segment – Our Offering to Regulators Taxonomy Regulatory Taxonomy Editor (Noah) Filing Platform Development (iFile) Consulting and IRIS’ NOAH helps regulators Electronic disclosure development of a taxonomy manage and modify platform to help regulators is the 1st step in any XBRL taxonomies
Slide 11: Regulator Implementations
Regulator Implementations Business Registries BFS Regulators Capital Markets Malaysia India India Mauritius Jordan Jordan North Macedonia Kuwait Mauritius Qatar Malaysia Nepal Saudi Arabia Oman Qatar Singapore Qatar South Africa South Africa Saudi Arabia Thailand Bhutan South Africa Only Taxonomy Un
Slide 12: Create Segment – Our Offerings
Create Segment – Our Offerings New IRIS CARBON IRIS CARBON Assisted Disclosure Services Management SaaS software to help SAAS software based on Assisting filers create their Office 365 allows enterprises create & generate compliance submissions. their compliance and financial collaborative, efficien
Slide 13: Leadership Team
Leadership Team S. Swaminathan K. Balachandran Deepta Rangarajan P. K. X. Thomas Co-founder And CEO Co-founder And CFO Co-founder Whole-time Director And CTO • M. A. (Economics) from Yale University, USA; B.Sc • MBA from Indian Institute of Management, • MBA from Indian Institute of Management, • Ke
Slide 14: IRIS Independent Directors
IRIS Independent Directors Vinod Agarwala Bhaswar Mukherjee Ashok Venkatramani Haseeb Drabu Independent Director Independent Director Independent Director Independent Director Chairman of the Board Chairman, Audit Committee Chairman, NRC Chairman, Committee on Risk Mr. Agarwala is an Advocate & Soli
Slide 15: Financial Overview
ANATISX0R INDIA'S BEST Fe FINTECH FE-Bost Bonk Awards recognizes IRIS os the Best Fintech for yoor 2020-2021 HONOURING THE BANKS THATINDIA CANBANK ON COMPLIANCE & ANALYTICS SOLUTIONS FOR SIMPLIFIED REPORTING EMPOWERED ENTERPRISE FEATURES PRODUCTS SERVICES FINANCIAL OVERVIEW
Slide 16: Financial Highlights
Financial Highlights REVENUES EBITDA PAT (₹ IN LAKHS) (₹ IN LAKHS) (₹ IN LAKHS) Q U A R T E R LY 2,109 92% 1,935 17% 30% 1,809 148 158 YoY 315 339 YoY YoY 262 82 9% 8% 15% 7% Q4FY22 Q3FY23 Q4FY23 QoQ Q4FY22 Q3FY23 Q4FY23 QoQ Q4FY22 Q3FY23 Q4FY23 QoQ REVENUES EBITDA PAT (₹ IN LAKHS) (₹ IN LAKHS) (₹ I
Slide 17: Key Ratios
Key Ratios EBITDA Margin EBIT Margin Net profit Margin RONW 14% 8% 6% 15% 13% 4% 2% 4% FY22 FY23 FY22 FY23 FY22 FY23 FY22 FY23 Current ratio Debt Equity ratio Interest Coverage ratio Debtor days 1.66 0.24 15.81 123 0.17 11.40 93 1.47 FY22 FY23 FY22 FY23 FY22 FY23 FY22 FY23 Building Transparency. Dri
Slide 18: Segment Performance
Segment Performance REVENUE MIX BY SEGMENT (₹ IN LAKHS ) COLLECT CREATE CONSUME 36% 59% 5% 38% 57% 5% 2,688 4,320 348 2,311 3,508 308 FY22 FY23 FY22 FY23 FY22 FY23 Segment 165 227 522 642 27 84 Profit/loss 7% 8% 15% 15% 9% 24% Margins (%) 78% 75% 25% 22% RECURRING 5,542 NON-RECURRING 1,815 4,757 1,3
Slide 19: Income Statement
Income Statement (₹ IN LAKHS) PARTICULARS Q4 FY 23 Q3 FY 23 Q4FY 22 FY 23 FY 22 Total Revenue 2,109 1,935 1,809 7,490 6,202 52% Employee benefit expenses 1,111 1,096 900 4,080 3,477 Other Expenses* 659 524 647 2,318 1,932 EBITDA 339 315 262 1,093 793 EBITDA Margin (%) 16% 16% 14% 15% 13% Finance Cos
Slide 20: Balance Sheet
Balance Sheet (₹ IN LAKHS) PARTICULARS FY23 FY22 PARTICULARS FY23 FY22 EQUITY ASSETS (a) Equity share capital 1,936 1,922 (1) Non-current assets (b) Other equity 1,218 804 (a) Property, plant and equipment 117 80 (c) Non-Controlling Interest 9 3 (b) Right-of-use assets 891 900 TOTAL EQUITY 3,163 2,7
Slide 21: Awards
IRIS INDIA'S BEST FE FINTECH FE-Bost Bonk Awards recog the Best Fintech fr yoor 2020 HONOURING THE BANKS ‘THAT INDIA CAN BANK ON COMPLIANCE & ANALYTICS SOLUTIONS FOR Awards SIMPLIFIED REPORTING EMPOWERED ENTERPRISE FEATURES PRODUCTS SERVICES
Slide 22: Awards and Recognitions
Awards and Recognitions Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 21
Slide 23: Awards and Recognitions
Awards and Recognitions 2021 2022 2022 2022 India’s Best Taxtech India’s Best Fintech India’s Best Taxtech India’s Best MSME Company- TIOL Company - FE Company-TIOL (Jury) Tech Company - Jagran Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 22
Slide 24: Thank You
Thank You For further information please contact: IRIS Business Services Limited Santoshkumar Sharma Tel: +91-022-67231000 Email: cs@irisbusiness.com
IRIS Business Services — FY2023 Earnings Presentation on 6ix