Financial Performance Summary

Revenue Performance:

  • Total Revenue: INR 35.2 Cr for Q1FY27 (quarter ended June 30, 2026)
  • Year-over-Year Growth: 33% YoY increase
  • Operating Revenue Growth: 30% YoY growth

Key Metrics:

  • Annual Recurring Revenue (ARR): Grew 7% during Q1FY27
  • ARR Performance: Up 11% as of July 31, 2026, compared with March 31, 2026
  • EBITDA: INR 0.8 Cr for Q1FY27 (compared to INR 1.4 Cr in Q1FY26)

Segment Performance

SupTech Business:

  • Revenue Growth: 20% YoY in Q1FY27
  • Profitability: Higher profitability maintained
  • Geographic Performance: Large-scale regulatory digital-reporting implementations across Africa and Middle East
  • Contract Update: Successful extension of key contract in South Africa

RegTech Business:

  • Revenue Growth: 51% YoY (fastest-growing segment)
  • Driver: Continued expansion of IRIS CARBON disclosure management platform
  • ARR Milestone: ARR from new disclosure management solution surpassed US$1 million

Strategic Developments

Product Innovation:

  • Launch of new modules across SupTech and Banking RegTech platforms
  • Strengthened end-to-end reporting capabilities
  • Expanded opportunities across both offerings

Leadership Changes:

  • Appointment of Mr. Shailesh Gupta to strengthened leadership team
  • Brings over 25 years of experience in enterprise technology and RegTech
  • Deep SupTech domain expertise and proven entrepreneurial track record

Partnerships:

  • Collaboration with several Big4 accounting firms across Europe
  • Expected to accelerate market expansion

Management Commentary

K. Balachandran, Co-Founder and CEO:

  • Focus remains on growing recurring revenue through accelerated investments in sales, marketing, and product innovation
  • Encouraging momentum in enterprise ARR
  • IRIS Carbon adding several significant new customers in disclosure management space
  • SupTech business delivered 20% YoY growth while maintaining healthy operating margins

Deepta Rangarajan, Co-Founder and Director:

  • IRIS Carbon continues to win marquee customers in competitive market
  • Strong value proposition with industry-leading product and exceptional customer support
  • Encouraged by emergence of strong strategic partnerships

Investment Strategy

  • Deliberate step-up in sales and marketing investment
  • Expansion of footprint in international markets
  • EBITDA moderation reflects strategic investment decisions

Business Overview

IRIS RegTech Solutions Limited is a Global RegTech company specializing in regulatory reporting and digital disclosure solutions. The IRIS SupTech suite is leveraged by 30+ regulators worldwide including business registries, central banks and stock exchanges/securities commissions. The company is also a leading provider of financial, ESG and regulatory reporting software to enterprises, banks and financial institutions worldwide.