Iris Regtech Solutions Limited · NSE:IRIS
Iris Regtech Solutions — IRIS Business Services — FY2024 Earnings Presentation
27 slides from Iris Regtech Solutions's earnings presentation, May 21, 2024
Slide 1: FY24 Earnings Deck
FY24 Earnings Deck 21st May 2024 www.irisbusiness.com
Slide 2: 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 3: 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 52 countries globally • 450+ professionals, including technologists and accountants • Active members of seve
Slide 4: Our Regtech Business
Our Regtech Business COLLECT • TAXONOMY & CONSULTING: • IRIS IFILE: Taxonomy design Filing platform for regulators and development, Consulting, to help them receive pre training and R&D validated data Collect • IRIS CARBON: SAAS • IRIS GST : SAAS An end-to- Document Authoring and end solution to fac
Slide 5: Our Global Footprint
Our Global Footprint 20 Years 52 Countries 30+ XBRL Projects 450+ Experts 6000+ Clients Millions of Filings Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 5
Slide 6: Awards and Recognitions
Awards and Recognitions India’s Best Fintech India’s Best MSME Company - FE Tech Company - Jagran India’s Best Taxtech India’s Best Taxtech Best regulatory Company- TIOL Company-TIOL (J) technology services Central Banking Awards, London *Award ceremony in June 2024 2021 2022 2022 2022 2024 Building
Slide 7: IRIS iFile – What We do for Regulators
IRIS iFile – What We do for Regulators An advanced XBRL-enabled supervisory platform for regulators to accept XBRL filings offering comprehensive tools for data supervision and analysis Regulatory Filing Electron Validator Platform (iFile) (Bushchat) Electronic disclosure platform to help regulators
Slide 8: Value Proposition
Value Proposition Complete digital transformation: of supervisory workflows, so that regulator users can spend more time on data analysis, supervisory surveillance and monitoring. Domain Expertise: In house data domain and data standards expertise with active membership across XBRL Jurisdictions Dat
Slide 9: Regulator Implementations
Regulator Implementations Business Registries Malaysia Mauritius North Macedonia Singapore Qatar Saudi Arabia South Africa Thailand BFS Regulators Bhutan India Jordan Mauritius Nepal Qatar Capital Markets India Jordan Kuwait Malaysia Oman Qatar Saudi Arabia South Africa UAE Only Unusual Taxonomies C
Slide 10: IRIS CARBON® - Enterprise Disclosure Management
IRIS CARBON® - Enterprise Disclosure Management A SaaS cloud solution for companies to manage their internal and external reporting (financial and non-financial) 29+ 4.8/5 #1 XBRL Countries CSAT Quality Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 10
Slide 11: IRIS CARBON® - Capabilities
IRIS CARBON® - Capabilities Create (The Convert (Adding Document Layer) the digital layer) Collaborative Platform XBRL Expert for Disclosure XBRL PDF Management XBRL Templates reports, press releases Confirm ( The Consume review layer) iConnect, smart excel CARBON review & validations powered with d
Slide 12: Value Proposition
Value Proposition Centralized document Smart review tools – on the cloud facilitating raise, track and close collaborative working comments all at one across teams place Audit trails to track Data consistency- changes making smart data linking from last mile reporting spreadsheets to smooth document
Slide 13: Marquee Clients
Marquee Clients EU & UK US Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 13
Slide 14: IRIS GST
IRIS GST A SaaS cloud solution for enterprises to automate their tax filings and business processes 2,00,000+ GSTINs Authorised GSP Private IRP IRIS GST, a business IRIS GST is authorised line of IRIS is an to generate IRN as 10,00,000+ authorized GSP since Private IRP (Invoice App Downloads 2017. R
Slide 15: IRIS GST: A 360° Solution for Enterprises
IRIS GST: A 360° Solution for Enterprises Record Recon IRIS E-Invoicing: Generate IRN and print IRIS Reconciliation: AI- backed GST QR Code via API or web/excel tool Reconciliation with user-defined tolerance, IRIS EWB: Generate, Modify, Extend, Cancel comprehensive reports, vendor E-Way Bills in bu
Slide 16: Marquee Clients
Marquee Clients Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 16
Slide 17: IRIS iDeal – Automated Data Reporting
IRIS iDeal – Automated Data Reporting A secure on-premise solution for banks to automate their regulatory reporting iDeal Key Offerings Value Proposition End-to-End XBRL Reporting Solution 01 01 Streamlined and efficient data preparation and (Including Data preparation, transformation, reporting pro
Slide 18: Marquee Clients
Marquee Clients Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 18
Slide 19: Financial Overview
INDIA'S BEST FINTECH HONOURING THE BANKS THAT INDIA CAN BANK ON FINANCIAL OVERVIEW | COMPLIANCE & ANALYTICS SOLUTIONS FOR SIMPLIFIED REPORTING EMPOWERED ENTERPRISE
Slide 20: Income Statement (Q4) – Record YoY Revenue Growth
Income Statement (Q4) – Record YoY Revenue Growth (₹ IN LAKHS) QoQ YoY REVENUES PARTICULARS FY24Q4 FY24Q3 FY23Q4 % change % change (₹ IN LAKHS) 3,061 Total Revenue 2,745 3,061 2,745 2,109 12% 45% 12% 2,109 QoQ Total Expenses 2,394 2,383 1,770 - 35% Employee benefit expenses 1,364 1,312 1,111 4% 23%
Slide 21: Income Statement (Full Year) – Higher Revenues Propel PBT Growth
Income Statement (Full Year) – Higher Revenues Propel PBT Growth (₹ IN LAKHS) REVENUES YoY PARTICULARS FY24 FY23 Change % change (₹ IN LAKHS) 10,296 Total Revenue 10,296 7,490 2,805 37% 7,490 Total Expenses 8,707 6,397 2,310 36% 37% Employee benefit expenses YoY 5,130 4,080 1,050 26% Other Expenses
Slide 22: Balance Sheet – Cash Position Improves, Receivable Levels Down
Balance Sheet – Cash Position Improves, Receivable Levels Down (₹ IN LAKHS) PARTICULARS FY24 FY23 PARTICULARS FY24 FY23 EQUITY ASSETS (a) Equity share capital 1,936 1,936 (1) Non-current assets (b) Other equity 2,159 1,218 (a) Property, plant and equipment 151 117 (c) Non-Controlling Interest 19 9 (
Slide 23: Key Ratios – Improved ROE as Profits Move Up
Key Ratios – Improved ROE as Profits Move Up EBITDA ROE Receivables days 21% 129 20.2% 123 16% 14% 15.4% 93 13.8% 12.8% 14.6% 84 80 4% -5% FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 Current ratio Debt Equity ratio Interest Coverage ratio 22.69 2.02 0.40 1.66 16.29 1.4
Slide 24: Five Year Trends
Five Year Trends REVENUES EBITDA EBIT PAT (₹ IN LAKHS) (₹ IN LAKHS) (₹ IN LAKHS) (₹ IN LAKHS) 10,29 1588 879 6 1136 7,490 1160 1093 6,202 5,737 793 622 429 4,911 414 678 533 269 101 62 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 -109 Building T
Slide 25: Segment Performance – Collect Segment Drives Growth
Segment Performance – Collect Segment Drives Growth REVENUE MIX BY SEGMENT ₹ IN LAKHS COLLECT CREATE CONSUME 51% 45% 59% 4% 4,584 5% 411 37% 348 5,235 2,688 4,350 FY23 FY24 FY23 FY24 FY23 FY24 Segment 227 423 642 957 84 128 Profit/loss 8% 9% 15% 18% 24% 31% Margins (%) Building Transparency. Driving
Slide 26: Revenue Mix – By Geography
Revenue Mix – By Geography FY 24 FY 23 (₹ IN LAKHS) (₹ IN LAKHS) 657, 7% 523, 7% 743, 7% 785, 11% 2903, 28% 1207, 12% 2776, 38% 826, 11% 1637, 16% 3084, 30% 1484, 20% 963, 13% India Africa Europe & UK India Africa Europe & UK Asia Pacific Middle East USA Asia Pacific Middle East USA Building Transpa
Slide 27: Thank You
Thank You For further information please contact: IRIS Business Services Limited Santosh Kumar Sharma Tel: +91-022-67231000 Email: cs@irisbusiness.com
IRIS Business Services — FY2024 Earnings Presentation on 6ix