Iris Regtech Solutions Limited · NSE:IRIS
Iris Regtech Solutions — IRIS Business Services — H1 FY25 Earnings Presentation
30 slides from Iris Regtech Solutions's earnings presentation, Oct 30, 2024
Slide 1: Stock exchange disclosure letter - Earnings Presentation
October 30, 2024 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
Slide 2: Investor Presentation H1 FY25
Investor Presentation H1 FY25 30th Oct 2024 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
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 20 Years 54 Countries 30+ XBRL Projects 500+ Experts 6000+ Clients Millions of Filings Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 4
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 pre facilitate tax management, Consulting, v
Slide 7: SupTech Offerings
SupTech Offerings Sup Tech (Supervisory Technology) is the use of innovative technology by supervisory agencies to support supervision. It helps supervisory agencies to digitise reporting and regulatory processes, resulting in more efficient and proactive monitoring of risk and compliance. Regulator
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. One of the leading global providers of XBRL based re
Slide 9: Marquee Customers
Marquee Customers 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 Cases MCA
Slide 10: 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 11: 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) 35+ #1 XBRL 4.8/5 CSAT Countries Quality Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 10
Slide 12: IRIS CARBON - Capabilities
IRIS CARBON® - Capabilities Create (The Convert (Adding Document Layer) the digital layer) Collaborative Disclosure Platform for Convert documents to XBRL/iXBRL - External reporting - Annual reports, based on jurisdictional requirements quarterly, press releases, - Internal reporting- board presenta
Slide 13: IRIS CARBON - Use Cases
IRIS CARBON® - Use Cases 1 External Reporting 2 Internal Reporting • Quarterly, annual • Management reports reports • Corporate presentations, • Press releases • Board/budget books • XBRL/iXBRL reporting • Quarter executive briefings 3 ESG Sustainability Reporting ESG disclosure reporting based on E
Slide 14: IRIS CARBON - What Problem are we Solving?
IRIS CARBON® - What Problem are we Solving? Documents and Latency and inconsistent data are scattered information Time consuming and No audit trails manual process Prone to Chaos during last-mile human error reporting Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 13
Slide 15: Marquee Customers
Marquee Customers EU & UK US Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 14
Slide 16: IRIS iDeal – Automated Data Reporting
IRIS iDeal – Automated Data Reporting A secure on-premise solution for banks to automate their regulatory reporting Key Features Value Proposition End-to-End XBRL Reporting Solution 01 01 Streamlined and efficient data preparation (Including Data preparation, transformation, and reporting process. V
Slide 17: Marquee Clients
Marquee Clients Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 16
Slide 18: TaxTech
TaxTech Tax Technology (Tax Tech): Digital solutions for enterprises that automate and streamline tax processes, including electronic invoicing (e-invoicing) and electronic reporting (e-reporting) to comply with tax regulations efficiently, accurately, and on-time, reducing errors and costs. 2,00,00
Slide 19: IRIS GST: A 360° Solution for Enterprises
IRIS GST: A 360° Solution for Enterprises Record Recon IRIS E-Invoicing: Generate IRN and print QR Code via API or web/excel tool IRIS Reconciliation: AI- backed GST IRIS EWB: Generate, Modify, Extend, Cancel Reconciliation with user-defined E-Way Bills in bulk or single EWB IRIS ASAP : Automated In
Slide 20: Marquee Clients
Marquee Clients Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 19
Slide 21: Performance Review
COMPLIANCE & ANALYTICS SOLUTIONS FOR PERFORMANCE REVIEW SIMPLIFIED REPORTING EMPOWERED ENTERPRISE
Slide 22: Q2 FY25 & H1 FY25 Results Overview (Consolidated)
Q2 FY25 & H1 FY25 Results Overview (Consolidated) (₹ IN LAKHS) Total Income EBITDA Net Profit ₹ 3,154 ₹ 572 ₹ 389 Q U A R T E R LY 12% QoQ (Q1 FY25 - ₹ 2,818) 34% QoQ (Q1 FY25 - ₹ 428) 35% QoQ (Q1 FY25 - ₹ 288) 30% YoY (Q2 FY24 - ₹ 2,417) 87% YoY (Q2 FY24 - ₹ 306) 184% YoY (Q2 FY24 - ₹ 137) Total In
Slide 23: Key Ratios
Key Ratios EBITDA ROE Receivables days 21% 22% 123 20.2% 14.6% 14% 15.4% 16.7% 16% 84 93 89 12.8% 80 4% FY21 FY22 FY23 FY24 H1 FY21 FY22 FY23 FY24 H1 FY21 FY22 FY23 FY24 H1 FY25 FY25 FY25 Current ratio Debt Equity ratio Interest Coverage ratio 2.16 52.43 2.02 0.24 0.23 1.66 1.47 0.17 1.29 0.13 22.69
Slide 24: Income Statement – Q2 FY25 and H1 FY25
Income Statement – Q2 FY25 and H1 FY25 (₹ IN LAKHS) Quarterly Half-Yearly QoQ YoY YoY PARTICULARS Q2 FY25 Q1 FY25 Q2 FY24 H1 FY25 H1 FY24 % change % change % change Total Revenue 3,154 2,818 2,417 12% 30% 5,971 4,490 33% Total Expenses 2,582 2,390 2,111 8% 22% 4,971 3,929 27% Employee benefit expens
Slide 25: Revenues – By Geography
Revenues – By Geography ₹ IN LAKHS H1 FY25 H1 FY24 301, 7% 360, 6% 355, 6% 420, 9% 1683, 29% 1332, 30% 553, 9% 561, 12% 814, 14% 747, 17% 2085, 36% 1099, 25% India Africa Europe & UK India Africa Europe & UK Asia Pacific Middle East USA Asia Pacific Middle East USA Building Transparency. Driving Gro
Slide 26: Business Updates – H1 FY25
Business Updates – H1 FY 25 SUPTECH • Successfully completed go-live for four ongoing projects in different regions. • Secured new orders from both existing and new clients, reflecting strong client retention and acquisition. • Actively pursuing multiple RFPs with good conversion potential. • New De
Slide 27: Segment Performance – SupTech Drives Growth
Segment Performance – SupTech Drives Growth ₹ IN LAKHS REVENUE MIX BY SEGMENT SUPTECH REGTECH 2,902 1,963 1,960 1,635 H1 FY24 H1 FY25 H1 FY24 H1 FY25 Segment 186 465 298 424 Profit/loss Margins (%) 9% 16% 18% 22% Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED 26
Slide 28: Segment Performance
Segment Performance REVENUE MIX BY SEGMENT ₹ IN LAKHS TAXTECH DATATECH OTHERS 783 676 133 159 52 45 H1 FY24 H1 FY25 H1 FY24 H1 FY25 H1 FY24 H1 FY25 Segment (16) (60) 8 (5) 49 47 Profit/loss Margins (%) (2%) (8%) 16% (11%) 37% 30% Building Transparency. Driving Growth. IRIS BUSINESS SERVICES LIMITED
Slide 29: 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 28
Slide 30: Thank You
Thank You For further information please contact: IRIS Business Services Limited Santosh Kumar Sharma Tel: +91-022-67231000 cs@irisbusiness.com Email: cs@irisbusiness.com
IRIS Business Services — H1 FY25 Earnings Presentation on 6ix