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Iris Clothings Limited (IRISDOREME) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹7.3B

IC Iris Clothings Limited IRISDOREME · NSE
Price₹42.85
Fair Value₹18.53
Upside-56.8%
Quality47/100
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Evidence: Medium Range ₹13.41 – ₹23.65

Fair value as of: Jul 3, 2026

From 14 valuation models · updated yesterday

Share price +16.5% over the past month.

Price vs Fair Value (12 months)

₹44.22 ₹27.76 Fair Value ₹18.53 Jul 2025 Jul 2026

12‑month range ₹27.76 – ₹44.22 · fair‑value band ₹13.41 – ₹23.65 · the ₹42.85 price screens above the ₹18.53 fair value. As of Jul 3, 2026.

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Analysis

Iris Clothings Limited (IRISDOREME) currently trades at ₹42.85, while our model-based Fair Value estimate is ₹18.53 — implying the stock looks roughly 56.8% overvalued today. We read business quality at 47/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, Iris Clothings Limited generated revenue of ₹1.9B at a net margin of 8.5%. Revenue grew 50.4% year over year. It earns a return on equity of 14.5%. Net debt stands at ₹332M. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹1.9B
Revenue growth (YoY) +50.4%
Net margin 8.5%
Return on equity 14.5%
Free cash flow −₹261M FY2026
P/E ratio 50.4
More key figures
Operating margin 15.8%
EPS (TTM) ₹0.8500
EPS growth (YoY) +23.6%
Net debt ₹332M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Iris Clothings Limited engages in the designing, manufacturing, branding, and sale of readymade garments in India. It offers summer wear, winter wear, sportswear, and swimwear; tops, t-shirts, pyjamas, loungewear, trousers, shorts, dresses, polyfil suits, sweatshirts, hoodies, joggers, and dryfit apparel; and accessories, including bags and bottles for infants, toddlers, boys, girls, women, and men under the DOREME and Oxcgen brand names. The company sells its products through its exclusive brand outlets; and distributors. It also exports its products to Nepal, Portugal, Mozambique, Zambia, and Saudi Arabia. Iris Clothings Limited was founded in 2004 and is based in Howrah, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Iris Clothings Limited reported revenue of ₹1.9B in FY2026 versus ₹1.1B in FY2022, a compound +14.8%/yr. Reported net income was ₹162M in FY2026, compounding +12.4%/yr from FY2022.

Revenue +14.8%/yr
FY22 ₹1.1B
FY23 ₹1.1B
FY24 ₹1.2B
FY25 ₹1.5B
FY26 ₹1.9B
Net income +12.4%/yr
FY22 ₹101M
FY23 ₹82.6M
FY24 ₹122M
FY25 ₹131M
FY26 ₹162M

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Frequently asked questions

Is Iris Clothings Limited (IRISDOREME) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹18.53 versus a price of ₹42.85 — about −57% (overvalued). Model-based estimate, not financial advice.
What is the fair value of IRISDOREME?
Our model-based fair value for Iris Clothings Limited is ₹18.53 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹42.85.
What is the quality score of IRISDOREME?
Iris Clothings Limited has a Quality Score of 47/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Iris Clothings Limited (IRISDOREME)?
Iris Clothings Limited reported trailing-twelve-month revenue of about ₹1.9B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of IRISDOREME?
The net profit margin of Iris Clothings Limited is about 8.5%, meaning it keeps roughly 8.5% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.