Single Digit to Doble Digit Penny Stock: Clothing Business Net Profit Multifold From Rs 1 Crore to 13 Crore; with 1,534 Per Cent Stock Surge Since IPO in a Decade - Details Inside!
On a year-to-date basis, the stock has delivered a return of 29 per cent
Iris Clothings Limited, a Small-Cap company in the kidswear segment, reported its Quarterly Results and financial results for the year ended March 31, 2025. The company, which markets products under its flagship brand DOREME, posted a total income of Rs 40.3 crore in Q4FY25, slightly down from Rs 42.1 crore in Q4FY24. However, on an annual basis, the company recorded total income of Rs 146.6 crore in FY25, up 20.1 per cent from Rs 122 crore in FY24.
DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, download the service details here.
The company’s operating performance strengthened during the quarter. EBITDA for Q4FY25 stood at Rs 8.2 crore, a growth of 15.8 per cent from Rs 7.1 crore in Q4FY24, with an EBITDA margin of 20.4 per cent. For the full year, EBITDA came in at Rs 28.3 crore with a margin of 19.3 per cent. Profit after tax (PAT) for Q4FY25 rose by 28.6 per cent year-on-year to Rs 4.5 crore from Rs 3.5 crore. On an annual basis, PAT for FY25 was Rs 13.1 crore, reflecting a 7.5 per cent growth over Rs 12.2 crore in FY24.
Commenting on the performance, Managing Director Mr. Santosh Ladha noted that the company navigated input cost challenges earlier in the year, but Q4FY25 showed signs of operational recovery. The growth was driven by the B2B segment, with the addition of 9 new distributors. Iris Clothings also completed a right issue of Rs 47.5 crore to fund expansion plans, which include enhancing production capacity to 38,000 pieces per day and introducing a new innerwear line alongside an upgraded sportswear range.
Over the last decade, Iris Clothings has significantly scaled its operations. Revenue has grown from Rs 25 crore in FY14 to Rs 146 crore in FY25, while net profit increased from Rs 1 crore to Rs 13 crore. Since its IPO, the company’s share price has jumped from Rs 3.57 to Rs 58.37, marking a 1,534 per cent rise. On a year-to-date basis, the stock has delivered a return of 29 per cent.
Founded over 17 years ago, Iris Clothings has built a presence in the affordable kidswear segment with offerings for infants, toddlers, and pre-teens. The company continues to invest in product innovation and technology to address growing demand across indoor and outdoor apparel categories, including D2C retail channels.
Disclaimer: The article is for informational purposes only and not investment advice.