Iris Regtech Solutions Limited · NSE:IRIS
Iris Regtech Solutions — IRIS Business Services — Shareholder Meeting (August 2020)
22 slides from Iris Regtech Solutions's shareholder meeting presentation, Aug 14, 2020
Slide 1: Cover letter to BSE on AGM presentation
IRIS Business Services Limited 27th August, 2020 To, BSE Limited Corporate Relationship Department, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400001 Scrip Code: 540735 Sub: Company’s Presentation at the Twentieth Annual General Meeting Dear Sirs, Please find enclosed herewith the presentation
Slide 2: 20th AGM Presentation - FY2020: When we turned around
IRIS 20th AGM Presentation 14th August, 2020 FY2020: When we turned around 1 IRIS Business Services Ltd.
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: Software Products Firm (Fintech)
SOFTWARE PRODUCTS FIRM (Fintech) Built on Open Data Standards, offerings around Reg-Tech, Sup-Tech & Data-Tech CREATE CONSUME COLLECT Offerings range from Software tools for data Software platform for enterprise software to Cloud / analysis. Plus, a global regulators to collect pre- SAAS to create d
Slide 5: Our Clients Are From All Over the World
OUR CLIENTS ARE FROM ALL OVER THE WORLD 36 Countries 30+ XBRL Projects 300+ XBRL Experts Millions of Filings Belgium Israel UK ESEF Turkey – IRIS DCP for – HMRC – iXBRL – IRIS DL for analysis of XBRL – Bank Of England Tax filings Ireland filings Kuwait Macedonia – IRIS CARBON for – Filings to Minist
Slide 6: Income Statement - Consolidated
INCOME STATEMENT - CONSOLIDATED INR in Lakhs Particulars FY20 FY19 FY20-H2 FY20-H1 FY19-H2 Total Revenue* + 26% 5,157.38 4,096.46 2,921.57 2,235.81 2,255.39 Total Expenses + 6% 4,364.41 4,102.41 2,423.87 1,940.54 2,129.24 Employee benefit expenses + 12% 2,868.61 2,571.49 1,541.59 1,327.03 1,291.41 O
Slide 7: Balance Sheet - Consolidated
Particulars BALANCE SHEET - CONSOLIDATED FY20 FY19 Particulars FY20 INR in Lakhs FY19 EQUITY AND LIABILITIES ASSETS 1. Shareholders’ funds 1. Non-Current Assets (A) Share capital 1,887.92 1,887.92 (A) Property, Plant and Equipment (b) Reserves and surplus 575.03 528.34 (i) Tangible assets 962.29 983
Slide 8: Post IPO - Revenue Grows, Expenses Contained, Focus on ARR
Post IPO - Revenue Grows, Expenses Contained, Focus on ARR INR in Lakhs Revenue & Expense Trend 6000 5157 5000 4520 4263 3977 3948 4000 4096 3000 3559 3036 2757 2783 2000 1873 1000 1296 0 FY2017 FY2018 FY2019 FY2020 Revenue Expenses Recurring Revenue ARR – Annual Recurring Revenues 7 IRIS Business S
Slide 9: Segment Wise Revenue Trends
SEGMENT WISE REVENUE TRENDS Segment FY17 FY18 FY19 FY20 Collect 65% 63% 52% 57% FY20 Collect Create Consume Create 24% 31% 42% 37% Consume 10% 6% 6% 6% 307, 6% 3,500 3,000 2,930 2,500 2,191 2,058 2,000 1,862, 37% 1,787 1,862 1,500 1,684 2,930, 57% 1,000 661 1,081 500 283 223 248 307 0 FY17 FY18 FY19
Slide 10: Diverse Revenue Base
DIVERSE REVENUE BASE FY20 Geography FY17 FY18 FY19 FY20 EUROPE, 477 , 9% USA, 72 , 2% India 22% 33% 34% 41% AFRICA, 820 , 16% INDIA, 2,088 , Middle East 36% 18% 25% 24% 41% Asia -Pacific 15% 16% 13% 8% ASIA - PACIFIC, 403 , 8% Africa 12% 20% 17% 16% USA 4% 3% 2% 1% MIDDLE EAST, 1,240 , 24% INDIA MID
Slide 11: Order Book Movement
ORDER BOOK MOVEMENT INR in Lakhs 8,000 7,346 7,000 5,843 5,918 6,000 5,000 4,640 4,421 4,000 3,000 2,000 1,000 - March 31st, 2018 Sept 30th, 2018 May 30th, 2019 Sept 30th, 2019 March 31st, 2020 10 IRIS Business Services Ltd.
Slide 12: Collect - Diving deeper
COLLECT Software platform for Diving deeper regulators to collect pre- validated submissions from those that they regulate. 11 IRIS Business Services Ltd.
Slide 13: IRIS iFILE - eFiling platform installed with regulators
Collect IRIS iFILE- eFiling platform installed with 30 regulators in Asia and Africa Key Stats: used by 1.5 mn Filers, Handled 10 mn Filings across 20 countries Key Clients Key Features • Multilingual Language Support • Accepts XBRL, SDMX, XML, CSV Filings • Handles large work load (65k datapoints,
Slide 14: IRIS XBRL Consulting Division
IRIS XBRL Consulting Division Collect XBRL Taxonomy Business Expertise ✓ Digitizing business concepts ✓ Establish digital relationships amongst concepts 60+ 21 16 2000+ ✓ Setup automated quality checks on concepts IRIS Offerings Person-Years Government Countries Hours of of Expertise Regulators Trai
Slide 15: Create - Diving deeper
CREATE Diving deeper Offerings range from enterprise software to Cloud / SAAS to create documents ready to be filed with regulators.
Slide 16: Used for filings by 2800 Filers worldwide
CREATE Used for filings by 2800 Filers worldwide India Europe South Africa UK USA Ranked #1 For Quality For compliance Cloud-based, reporting, collaborative document product authoring and XBRL/iXBRL Multi-lingual platform, supports Integration with English and 23 EU Source Systems. languages SOC aud
Slide 17: IRIS iDEAL
IRIS iDEAL CREATE ✓ On-prem solution to automate XBRL Reporting for Banks ✓ Seamlessly connects to any database Market Share (India) ✓ Proven quality, high accuracy ✓ Moving from a Capex model to an Opex model 111 51 Total Banks Top Banks Marquee Clients 35 49 27 iDEAL In Small Banks/ Clients Discus
Slide 18: SaaS for GST Compliance
SaaS for GST Compliance CREATE ASP Platform for GST Compliance: IRIS Sapphire Marquee customers : 280 clients , 620+ Cos, 2200+ Taxpayers INSIGHTS | COLLABORATION | COMPLIANCE Facilitate GST Compliance: Over 3 mn+ invoices processed monthly Help maximize ITC through smart reconciliation: Over 2mn+ p
Slide 19: Consume - Diving deeper
CONSUME Software tools for data Diving deeper analysis. Plus, a global repository of normalised financial data culled from XBRL filings.
Slide 20: Taxpayer Search and Compliance Check: IRIS Peridot
Credit Enablement: IRIS Credixo CONSUME ✓ Platform enabling access of GST data (Consent and Non Consent) based for processing unsecured loans ✓ Raw data and Insight reports ✓ Leading lending fintechs Taxpayer Search and Compliance Check: IRIS Peridot Android App Peridot Database Average Rating: 4.41
Slide 21: CRILC Analytics Solution - Automation of Early Warnings
CRILC Analytics Solution Automation of Early Warnings ✓ Data Standardization ✓ Automatically Reads the Early Warnings from RBI (Emails) ✓ GAP analysis through validation rules ✓ Creates the Repository of the Default Borrowers ✓ GAP analysis through data comparison ✓ Automatically identifies the Rela
Slide 22: Thank You
yey ; THANK YOU
IRIS Business Services — Shareholder Meeting (August 2020) on 6ix