Iris Regtech Solutions Limited · NSE:IRIS
Iris Regtech Solutions — IRIS Business Services — H1FY23 Earnings Presentation
25 slides from Iris Regtech Solutions's earnings presentation, Nov 14, 2022
Slide 1: Regulation 30 stock exchange disclosure letter
14th November, 2022 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: IR
Slide 2: H1FY23 Earnings Deck
H1FY23 Earnings Deck 14th November 2022 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
IRIS INDIA'S BEST FE FINTECH PE rn the Best Fintech for yeor 207 HONOURING THE BANKS ‘THAT INDIA CAN BANK ON COMPLIANCE & ANALYTICS SOLUTIONS FOR SIMPLIFIED REPORTING EMPOWERED ENTERPRISE FEATURES Prooucts SERVICES ARON RL Convarsian 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 44 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 Singapore Qatar Qatar South Africa Saudi Arabia Unusual Cases Thailand South Africa ATS, Maharashtra, Indi
Slide 12: Create Segment – Our Offerings
Create Segment – Our Offerings Assisted IRIS CARBON Services SaaS software to help Assisting filers create their enterprises create & compliance submissions. generate their compliance This service is utilized by submissions to the some of our customers for regulator. XBRL /iXBRL layer IRIS CARBON &
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
INDIA'S BEST FINTECH FE Bost Bonk Awords recognizes IRIS os ‘the Best Fintech for yeor 2020-2021 COMPLIANCE & ANALYTICS SOLUTIONS FOR FEATURES Prooucts SIMPLIFIED REPORTING EMPOWERED ENTERPRISE Fe HONOURING THE BANKS ‘THAT INDIA CAN BANK ON SERVICES RL Convarsian Services fia 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 1,771 1,675 20% 13% 52% YoY YoY YoY 1,481 234 181 205 66 56 37 6% 12% 15% Q2FY22 Q1FY23 Q2FY23 QoQ Q2FY22 Q1FY23 Q2FY23 QoQ Q2FY22 Q1FY23 Q2FY23 QoQ REVENUES EBITDA PAT (₹ IN LAKHS) (₹ IN LAKHS) (₹ IN LA
Slide 17: Segment Performance
Segment Performance REVENUE MIX BY SEGMENT (₹ IN LAKHS ) COLLECT CREATE CONSUME 41% 34% 61% 6% 5% 54% 1,089 1,155 2,091 153 167 1,437 H1FY22 H1FY23 H1FY22 H1FY23 H1FY22 H1FY23 Segment 138 18 63 361 19 23 Profit/loss 13% 2% 4% 17% 12% 14% Margins (%) 81% 79% 19% 21% RECURRING NON-RECURRING 2,704 709
Slide 18: Key Ratios
Key Ratios EBITDA Margin EBIT Margin Net profit Margin RONW 13% 6% 4% 4% 9% -2% -2% -1% H1FY22 H1FY23 H1FY22 H1FY23 H1FY22 H1FY23 H1FY22 H1FY23 Current ratio Debt Equity ratio Interest Coverage ratio Debtors days 1.59 13.77 84 0.24 0.19 1.46 7.96 74 H1FY22 H1FY23 H1FY22 H1FY23 H1FY22 H1FY23 H1FY22 H
Slide 19: Income Statement
Income Statement (₹ IN LAKHS) PARTICULARS Q2 FY 23 Q1 FY 23 Q2 FY 22 H1 FY 23 H1 FY 22 Total Revenue 1,771 1,675 1,481 3,446 2,709 52% Employee benefit expenses 962 911 839 1,873 1,641 Other Expenses* 604 530 461 1,135 816 EBITDA 205 234 181 438 252 EBITDA Margin (%) 12% 14% 12% 13% 9% Finance Cost
Slide 20: Balance Sheet
Balance Sheet (₹ IN LAKHS) PARTICULARS H1FY23 FY22 PARTICULARS H1FY23 FY22 EQUITY ASSETS (a) Equity share capital 1,931 1,922 (1) Non-current assets (b) Other equity 982 804 (a) Property, plant and equipment 97 80 (c) Non-Controlling Interest 3 3 (b) Right-of-use assets 909 900 TOTAL EQUITY 2,916 2,
Slide 21: Awards
= Fe eal the Best Fintech for yeor 20: HONOURING THE BANKS ‘THAT INDIA CAN BANK ON COMPLIANCE & ANALYTICS SOLUTIONS FOR Awards SIMPLIFIED REPORTING EMPOWERED ENTERPRISE FEATURES Prooucts SERVICES RL Convarsian Services
Slide 22: India's Best Fintech
India’s Best Fintech FE Best Bank Awards-2021 Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 21
Slide 23: IRIS Business Services Limited
Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 22
Slide 24: IRIS Business Services Limited
Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 23
Slide 25: Thank You
Thank You For further information please contact: IRIS Business Services Limited Ernst & Young LLP, Investor Relations Santoshkumar Sharma Siddesh Chawan Tel: +91-022-67231000 Tel: 022 6192 0000 Email: cs@irisbusiness.com Email: siddesh.chawan@in.ey.com
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