Iris Regtech Solutions Limited · NSE:IRIS
Iris Regtech Solutions — IRIS Business Services — FY2025 Earnings Presentation
36 slides from Iris Regtech Solutions's earnings presentation, May 15, 2025
Slide 1: Stock exchange cover letter for earnings call presentation
May 15, 2025 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, Mumbai 400 001 Bandra (East), Mumbai - 400 051 Scrip Code: 540735 Symbol: IRIS Dear
Slide 2: Investor Presentation FY25
Investor Presentation FY25 15th May 2025 www.irisbusiness.com Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 1
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
About IRIS We are… A company with a mission to build trust and transparency in the financial ecosystem using open data standards and advanced technology. We create products that help governments, businesses, and stakeholders prepare and use clean, actionable data, make better financial decisions and
Slide 5: Our Global Footprint
Our Global Footprint Ireland UK Germany Poland • IRIS CARBON for • HMRC – iXBRL • ESEF • IRIS DCP Tax Filings in iXBRL • Bank of England Faroe Island Norway Sweden Czech Republic Luxembourg Ukraine Kuwait 54 Countries • CMA Qatar Finland Lithuania Turkey • Boursa Kuwait • QFCRA Estonia • ESEF • IRIS
Slide 6: Our Operating Segments
Our Operating Segments SupTech TaxTech TAXONOMY & IRIS IFILE: Filing IRIS GST : [SAAS] EINVOICING: [SAAS] CONSULTING: platform for An end-to-end Facilitates eInvoice Taxonomy design regulators to help solution to creation and and development, them receive and facilitate tax management, Consulting, p
Slide 7: SupTech Segment
SupTech Segment www.irisbusiness.com Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 6
Slide 8: SupTech at a glance
SupTech at a glance PRODUCTS NOW SERVING LOOKING AHEAD 30 regulators including iFile 10.0 to reduce • Data Conceptualisation central banks, business implementation time – XBRL Form Builder registers, stock (Noah) exchanges, capital • Digital Regulatory markets & pension Reporting - iFile Portal reg
Slide 9: SupTech – Supervisory Process
SupTech – Supervisory Process Supervisory technology (SupTech) involves the use of advanced digital tools by supervisory agencies to enhance the Products & Peers effectiveness of supervision. It Products & Peers streamlines Products reporting and regulatory & Peers enabling more processes, Products
Slide 10: IRIS SupTech Suite
IRIS SupTech Suite A unified platform designed for regulators to support the complete lifecycle of data - from conceptualization and collection to validation and supervision. Data Conceptualisation – Xbrl Data Validation – Bushchat Form Builder (NOAH) 01 • Data Dictionary and Relationships 04 • Auto
Slide 11: Value Proposition
Value Proposition Complete Digital Transformation User-friendly Digitalization of supervisory workflows, Built for simplicity and ease of use, offering an enabling regulators to focus more on data intuitive and smooth experience for users analysis, surveillance, and oversight activities. across all
Slide 12: Regulator Implementations
Regulator Implementations Business Registries Singapore Malaysia Mauritius Qatar Saudi Arabia South Africa Pension Funds Unified Regulator Deposit Insurance Central Banks BFSI Regulators India Qatar South Africa Mauritius Jordan Bhutan Nepal India Capital Markets Jordan Kuwait Malaysia Oman Qatar Sa
Slide 13: RegTech Segment
RegTech Segment www.irisbusiness.com Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 12
Slide 14: RegTech at a glance
RegTech at a glance PRODUCTS NOW SERVING LOOKING AHEAD Enterprises and financial institutions across Beyond mandates IRIS Carbon for geographies reporting to regulatory reporting & • Business registries Disclosure Management Expanded Sales including ESG • Capital market Footprint regulators • Energy
Slide 15: RegTech – Regulatory Technology
RegTech – Regulatory Technology Advanced digital tools to streamline and automate complex regulatory reporting, ensuring accurate, timely compliance and data-driven decision-making IRIS Carbon For Financial Institutions Collaborative disclosure platform On-prem solution for for financial and automat
Slide 16: RegTech Business Line – IRIS Carbon
RegTech Business Line – IRIS Carbon www.irisbusiness.com Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 15
Slide 17: About IRIS CARBON
About IRIS CARBON® A SaaS cloud solution trusted by Fortune 100, 500, SME companies to manage their reporting. Cloud Hosted in SOC 1 Type II, SOC 2 XBRL International EU and US Type II Audited Certified Unified platform for all teams Financial Risk and Sustainability Legal Auditors HR & Admin Report
Slide 18: Use Cases
Use Cases External Reporting Internal Reporting Sustainability reports • Annual reports • Management reports ESG disclosure reporting based on • Quarterly reports • Corporate presentations • CSRD/ESRS • Interim reports • Board/budget books • ISSB • Press releases • Quarter executive briefings • GRI
Slide 19: 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 last smart data linking mile reporting from spreadsheets smooth to document
Slide 20: Accomplishments
Accomplishments 35+ Countries #1 XBRL Millions of Quality Filings Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 19
Slide 21: Marquee Clients
Marquee Clients Europe North America South America Africa India Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 20
Slide 22: RegTech Business Line – IRIS iDEAL
RegTech Business Line – IRIS iDEAL® www.irisbusiness.com Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 21
Slide 23: IRIS iDEAL – Automated Data Reporting
IRIS iDEAL® – Automated Data Reporting A secure, on-premise platform for BFSI entities to automate and manage their end-to- end regulatory reporting in XBRL and other data standards with seamless integration. Key Offerings Value Proposition End-to-End XBRL Reporting Solution 01 01 Streamlined and Ef
Slide 24: Marquee Clients
Marquee Clients Trusted by more than 200 Banks & Financial Institutions across geographies. Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 23
Slide 25: TaxTech Segment
TaxTech Segment www.irisbusiness.com Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 24
Slide 26: TaxTech at a glance
TaxTech at a glance PRODUCTS NOW SERVING LOOKING AHEAD Augment Filing 1200+ clients of IRIS Experience through AI • Software for GST filing GST • Malaysia eInvoicing eInvoicing across Asia • Ewaybill for Transporters 250+ Transporters Pacific region • Litigation Management 50 customers in Malaysia A
Slide 27: TaxTech Product Stack
TaxTech Product Stack Core Tax Compliance Beyond Tax Compliance Litigation Management System – LMS (2023) IRISGST India Features – Corporate memory for tracking of notices, AI driven Unified Platform for GST Compliance (2017), E-way Bill (2018) auto case creation, automated calculations for interest
Slide 28: Performance Review
PERFORMANCE REVIEW Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 27
Slide 29: Financial Performance - Q4FY25 and FY25
Financial Performance - Q4FY25 and FY25 ( ₹ IN LAKHS) Quarterly Full Year Particulars Q4 FY25 Q3 FY25 QoQ Growth Q4 FY24 YoY Growth FY25 FY24 YoY Growth Total Income 3,547 3,332 6% 3,061 16% 12,851 10,296 25% Revenue from 3,464 3,283 6% 3,035 14% 12,597 10,230 23% Operations Total Expenses 2,962 2,7
Slide 30: Balance Sheet – FY25
Balance Sheet – FY25 (₹ IN LAKHS) PARTICULARS FY25 FY24 PARTICULARS FY25 FY24 EQUITY ASSETS (a) Equity share capital 2,054 1,936 (1) Non-current assets (b) Other equity 5,515 2,160 (a) Property, plant and equipment 114 151 (c) Non-Controlling Interest 41 19 (b) Right-of-use assets 908 951 TOTAL EQUI
Slide 31: Key Ratios – Sustained ROE Despite Equity Infusion
Key Ratios – Sustained ROE Despite Equity Infusion EBITDA Margin ROE* *(Net Profit/Average Equity) Receivable Days 123 20.2% 24% 93 15.4% 16.8% 15% 23% 12.8% 14.6% 17% 84 80 86 4% FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Current Ratio Debt Equity Ratio Interest Cove
Slide 32: Historical Trends and FY25 – Higher Growth Expected to Sustain
Historical Trends and FY25 – Higher Growth Expected to Sustain REVENUE RECURRING REVENUES EBITDA PAT (₹ IN LAKHS) (₹ IN LAKHS) (₹ IN LAKHS) (₹ IN LAKHS) 12,851 7,073 1,325 6,180 10,296 5,542 2,154 4,757 879 7,490 3,988 1,588 6,202 5,737 1,160 1,093 793 414 429 101 FY21 FY22 FY23 FY24 FY25 FY21 FY22
Slide 33: Segment Performance
Segment Performance SUPTECH REGTECH TAXTECH DATATECH REVENUE REVENUE REVENUE REVENUE (₹ IN LAKHS) (₹ IN LAKHS) (₹ IN LAKHS) (₹ IN LAKHS) 6,150 4,278 3,832 4,584 1,728 1,436 99 95 FY24 FY25 FY24 FY25 FY24 FY25 FY24 FY25 34% Growth 12% Growth 20% Growth (4%) Growth EBITDA EBITDA EBITDA EBITDA (₹ IN LA
Slide 34: Revenue Breakdown: Segmental & Geographical
Revenue Breakdown: Segmental & Geographical REVENUE MIX BY SEGMENT 49% 45% 37% 34% 14% 14% 1% 1% 3% 2% SupTech RegTech TaxTech DataTech Others REVENUE MIX BY GEOGRAPHY 35% 30% 28% 30% 16% 15% 12% 7% 7% 7% 6% 6% Africa India Europe & UK Asia-Pacific Middle East USA FY24 FY25 Building Transparency. Dr
Slide 35: Awards and Accreditations
Awards and Accreditations Accreditations GSP IRP Awards Best RegTech Services Best Fintech Best Taxtech Best MSME Tech Central Banking Firm, London FE, ‘22 TIOL (Jury)’22 (Silver)’21 Jagran Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 34
Slide 36: Thank You
Thank You For further information please contact: IRIS Business Services Limited Ernst & Young LLP Ernst & Young LLP Santosh Kumar Sharma Asha Gupta Siddesh Chawan Email: cs@irisbusiness.com Email: asha.Gupta@in.ey.com Email: siddesh.chawan@in.ey.com Building Transparency. Driving Growth. IRIS BUSIN
IRIS Business Services — FY2025 Earnings Presentation on 6ix