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IRIS CLOTHINGS LIMITED (IRISDOREME)

Consumer Non-Durables

Quality scoreHow the business itself ranks against its sector peers on profitability, 3-year growth and leverage. 50 is the middle of the sector.73 / 100
Profitability 67Growth 82Balance sheet 69
Momentum scoreHow strong the recent trend is: 3-month price change, 12-month improvement in earnings and the rise in FII + DII holding, among companies above ₹500 cr.62 / 100
Price 83Earnings 59FII/DII 43
Compare withPAGE INDUSTRIES LTDKPR MILL LTDPEARL GLOBAL INDUSTRIES LTD

Passes these screens: High Momentum · Debt-light & profitable · Consistent compounders

Share Price
₹54.22
P/E
58.3x
ROCE
16.0%
Market Cap
₹1032 cr
Revenue (TTM)
₹201 cr
P/S
5.1x
P/B
7.3x
ROE
12.5%
Operating Margin
17.0%
Debt / Equity
0.2x
Promoter Holding
61.2%
12M Momentum
64.1%
P/E vs its own history76th percentilesince Feb '19
P/E vs Consumer Non-Durables2.3xthe sector median

52-week range

₹26.35₹68.00
67% of the way from its 52-week low to its high

Price risk

1Y volatility
40.8%
Beta vs sector
1-year daily
0.86

Balance sheet & cash

Interest cover
operating profit ÷ interest
9.1x
Cash from profit, 3Y
operating cash flow ÷ net profit
-0.05x
low
Share count, 1Y
+137.5%

Was the rally earned?

+64%share price, 1 yearEarnings and multiple

Both mattered.

  • Per-share earnings added 37 points and the multiple added 27 points (P/E 47.2x to 58.3x).
  • The share count barely moved.
1 year Net profit growth: +37 pts. Points of the price return explained by net profit growing (or shrinking).+37 ptsP/E change: +27 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+27 ptsShare count change: -0 pts. Points of the price return explained by the share count changing. More shares count against the price. +64% 1 year Net profit growth: +37 pts. Points of the price return explained by net profit growing (or shrinking).+37 ptsP/E change: +27 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+27 ptsShare count change: -0 pts. Points of the price return explained by the share count changing. More shares count against the price. +64%
Net profit growth+37 ptsNet profit rose about 33%, which lifts the price.
P/E change+27 ptsThe P/E rose from 47.2x to 58.3x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+23%share price, 3 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 86 points, but investors now pay less per rupee of profit (P/E 102.5x to 58.3x), which took 63 points back.
  • The share count rose 2%.
3 years Net profit growth: +88 pts. Points of the price return explained by net profit growing (or shrinking).+88 ptsP/E change: -63 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.-63 ptsShare count change: -3 pts. Points of the price return explained by the share count changing. More shares count against the price. +23% 3 years Net profit growth: +88 pts. Points of the price return explained by net profit growing (or shrinking).+88 ptsP/E change: -63 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.-63 ptsShare count change: -3 pts. Points of the price return explained by the share count changing. More shares count against the price. +23%
Net profit growth+88 ptsNet profit rose about 121%, which lifts the price.
P/E change-63 ptsThe P/E fell from 102.5x to 58.3x, which lowers the price.
Share count change-3 ptsShare count rose 2%, which lowers the price.
+160%share price, 5 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 169 points, but investors now pay less per rupee of profit (P/E 61.2x to 58.3x), which took 8 points back.
  • The share count fell 8%.
5 years Net profit growth: +156 pts. Points of the price return explained by net profit growing (or shrinking).+156 ptsP/E change: -8 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.Share count change: +13 pts. Points of the price return explained by the share count changing. More shares count against the price. +160% 5 years Net profit growth: +156 pts. Points of the price return explained by net profit growing (or shrinking).+156 ptsP/E change: -8 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.Share count change: +13 pts. Points of the price return explained by the share count changing. More shares count against the price. +160%
Net profit growth+156 ptsNet profit rose about 153%, which lifts the price.
P/E change-8 ptsThe P/E fell from 61.2x to 58.3x, which lowers the price.
Share count change+13 ptsShare count fell 8%, which lifts the price.
What do "pts" mean?

"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.

Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.

Net profit is trailing twelve months as reported with a 60-day lag.

Compare this with PAGE INDUSTRIES

Is it expensive against its own past and its peers?

58.3xP/E todayWithin its usual range
Against its own history76th percentileMedian 47.6x; usual range 13.1x to 84.5x since 2019-02.
Against Consumer Non-Durables58.3x vs 25.4xAbove the Consumer Non-Durables median.
10.9x41.4x72.0x102.5xFeb '19Sep '20Apr '22Nov '23Jun '25Oct '2610.9x41.4x72.0x102.5xFeb '19Sep '21Apr '24Oct '26
P/E (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables median

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P/B (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables median

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P/S (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables median
How to read this

Shaded band: 10th to 90th percentile of the company's own P/E history; dashed line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).

Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.

All terms explained in the glossary →

How Consumer Non-Durables is valued

What is the price implying?

~34%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 86.8x, a holder earning 12%/yr needs earnings to grow about 33.5%/yr for 10 years, then trade at 15x.

Delivered17.0%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap+16.5 ptsimplied minus delivered
Rank189thmost demanding of 843

Over time

Implied growth by month (solid) and delivered growth (dashed).

0%19%38% Feb 2019Oct 2026 0%19%38% Feb 2019Oct 2026

Change the assumptions

Exit P/E / return11%12%13%
12x35.3%36.5%37.7%
15x32.3%33.5%34.7%
20x28.6%29.7%30.9%
Implied: 33.5%/yr

Looking back

  • Jan 2020Price implied 21%/yr; EPS has since grown 18%/yr (7.0 yrs)
  • Jan 2021Price implied 23%/yr; EPS has since grown 26%/yr (6.0 yrs)
  • Jan 2022Price implied 35%/yr; EPS has since grown 20%/yr (5.0 yrs)

Past comparisons cover only companies listed today (survivorship bias) and say nothing about future outcomes.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect. How this is calculated and the market-wide lists.

What prices imply across Consumer Non-Durables The market-wide Expectations lists

What changed?

  1. Sep '26Slipped to the 2nd quartile of Consumer Non-Durables on operating margin (from the top quartile).
  2. Aug '26Volume reached 19.6x its 50-day median on 2026-08-10; price +2.3% that day.
  3. Jul '26Regained the 2023-08 peak, 16 months after the low.
  4. Jun '26Moved into the top quartile of Consumer Non-Durables on operating margin (from the 2nd quartile).
  5. Jun '26Debt / equity halved over 12 months to 0.24x.
  6. Jun '26Share count is up 137.5% over 12 months.
  7. Jun '26Volume reached 8.9x its 50-day median on 2026-06-30; price +5.7% that day.
  8. Feb '26Volume reached 5.6x its 50-day median on 2026-02-10; price -1.4% that day.
Show 22 earlier events
  1. Oct '25Volume reached 16.8x its 50-day median on 2025-10-06; price +10.7% that day.
  2. Sep '25Promoter holding fell 9.8 pts to 61.2%.
  3. Sep '25Revenue (TTM) reached a new high of ₹152 cr.
  4. Sep '25Slipped to the 2nd quartile of Consumer Non-Durables on operating margin (from the top quartile).
  5. Sep '25Volume reached 10.0x its 50-day median on 2025-09-02; price -0.0% that day.
  6. Jun '25Slipped to the 2nd quartile of Consumer Non-Durables on EPS growth (from the top quartile).
  7. May '25Volume reached 25.8x its 50-day median on 2025-05-02; price +13.1% that day.
  8. Mar '25Fell 55% from the Aug 2023 peak to the Mar 2025 low.
  9. Mar '25Volume reached 8.7x its 50-day median on 2025-03-10; price +1.3% that day.
  10. Jul '24Volume reached 24.4x its 50-day median on 2024-07-01; price +1.4% that day.
  11. Jun '24Year-on-year EPS growth turned positive.
  12. Jun '24Moved into the top quartile of Consumer Non-Durables on EPS growth (from the 3rd quartile).
  13. Jun '24Volume reached 28.8x its 50-day median on 2024-06-26; price -3.3% that day.
  14. Mar '24Volume reached 19.0x its 50-day median on 2024-03-01; price +8.1% that day.
  15. Oct '23Volume reached 28.8x its 50-day median on 2023-10-03; price -6.7% that day.
  16. Sep '23Volume reached 12.9x its 50-day median on 2023-09-29; price +20.0% that day.
  17. Jun '23Year-on-year EPS growth turned negative.
  18. Jun '23Slipped to the 3rd quartile of Consumer Non-Durables on EPS growth (from the 2nd quartile).
  19. Jun '23Volume reached 7.9x its 50-day median on 2023-06-06; price +3.2% that day.
  20. Mar '23P/E crossed above the 90th percentile of its own history to date (57.2x).
  21. Oct '22Volume reached 5.5x its 50-day median on 2022-10-04; price +5.3% that day.
  22. Sep '22Regained the 2022-05 peak, 1 month after the low.

Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.

Where price and fundamentals disagree, market-wide Rewind the whole market to any month

Are profits backed by cash?

4 of 7 checks are within range, 2 near a threshold, 1 beyond a threshold.
Tap a check to see how it is measured.

Other income reliance1%Within range

Other income as a share of pre-tax profit (trailing twelve months): 1.4%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate27%Within range

Median quarterly effective tax rate over about 2.5 years: 26.6%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion-0.05xBeyond threshold

Operating cash flow divided by net profit over the last three fiscal years: -0.05x (cash from operations ₹-2 cr, net profit ₹41 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow2 of 5 yrsNear threshold

Fiscal years with positive free cash flow in the last 5: 2. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history+30 daysNear threshold

Debtor days are above the median of the previous three fiscal years by 30 days (140 vs 110). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress21% of fixed assetsWithin range

Capital work-in-progress is 21% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days-43 days / 2 yrsWithin range

Days payable changed by -43 over two years. Bands: rise of up to 30 days; more than 30 days.

How to read this

Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.

All terms explained in the glossary →

Who has been buying and selling?

  • Over 2 years, promoters trimmed 9.8 pts; DIIs added 0.7 pts.
  • The number of shareholders rose from 6,068 to 10,427 (+72%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change
Promoters70.9%61.2%-9.8 pts
FIIs0.0%0.0%0.0 pts
DIIs0.0%0.7%+0.7 pts
Public and others29.1%38.1%+9.0 pts

Number of shareholders

10,427shareholders+72% since Dec '23
6k8k10k12k Dec '23Dec '24Jun '25Mar '26Jun '26
Dec '23: 6,068
Sep '24: 11,307
Dec '24: 11,281
Mar '25: 11,380
Jun '25: 11,842
Sep '25: 12,107
Mar '26: 10,762
Jun '26: 10,427
 6k8k10k12k Dec '23Mar '25Mar '26Jun '26
Dec '23: 6,068
Sep '24: 11,307
Dec '24: 11,281
Mar '25: 11,380
Jun '25: 11,842
Sep '25: 12,107
Mar '26: 10,762
Jun '26: 10,427

Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.

This quarter's smart-money board

How rough has the ride been?

Maximum drawdown-55.2%recovered 2026-07
1-year volatility40.8%annualised
Beta vs sector index0.763-year daily, correlation 0.26
Volume spikes9last 90 sessions, 5x the 50-day median

Monthly share price

₹3₹22₹42₹62 Feb '19Sep '20Apr '22Nov '23Jun '25Oct '26
2019-02: ₹3.68
2019-03: ₹3.63
2019-04: ₹3.80
2019-05: ₹3.44
2019-08: ₹3.32
2019-09: ₹3.32
2019-10: ₹3.30
2019-11: ₹3.13
2019-12: ₹2.94
2020-01: ₹3.49
2020-02: ₹4.73
2020-03: ₹3.82
2020-04: ₹3.82
2020-08: ₹3.18
2020-09: ₹3.32
2020-10: ₹3.16
2020-11: ₹3.44
2020-12: ₹4.30
2021-01: ₹5.74
2021-02: ₹11.78
2021-03: ₹8.56
2021-04: ₹10.73
2021-05: ₹10.58
2021-06: ₹11.68
2021-07: ₹17.80
2021-08: ₹16.96
2021-09: ₹17.20
2021-10: ₹20.82
2021-11: ₹20.34
2021-12: ₹19.21
2022-01: ₹18.45
2022-02: ₹15.20
2022-03: ₹18.86
2022-04: ₹22.06
2022-05: ₹20.72
2022-06: ₹18.74
2022-07: ₹18.38
2022-08: ₹19.14
2022-09: ₹23.80
2022-10: ₹23.10
2022-11: ₹23.90
2022-12: ₹24.28
2023-01: ₹27.65
2023-02: ₹29.82
2023-03: ₹30.32
2023-04: ₹33.86
2023-05: ₹35.20
2023-06: ₹41.70
2023-07: ₹42.54
2023-08: ₹36.20
2023-09: ₹42.72
2023-10: ₹44.09
2023-11: ₹37.30
2023-12: ₹38.78
2024-01: ₹40.70
2024-02: ₹36.64
2024-03: ₹35.32
2024-04: ₹37.52
2024-05: ₹35.54
2024-06: ₹32.52
2024-07: ₹31.56
2024-08: ₹33.02
2024-09: ₹34.82
2024-10: ₹31.45
2024-11: ₹30.44
2024-12: ₹28.80
2025-01: ₹27.76
2025-02: ₹22.64
2025-03: ₹21.83
2025-04: ₹23.44
2025-05: ₹30.20
2025-06: ₹32.90
2025-07: ₹31.27
2025-08: ₹31.60
2025-09: ₹31.50
2025-10: ₹33.04
2025-11: ₹32.76
2025-12: ₹37.97
2026-01: ₹32.25
2026-02: ₹32.26
2026-03: ₹30.28
2026-04: ₹36.07
2026-05: ₹35.78
2026-06: ₹41.67
2026-07: ₹52.96
2026-08: ₹58.48
2026-09: ₹61.55
2026-10: ₹54.22
 ₹3₹22₹42₹62 Feb '19Sep '21Apr '24Oct '26
2019-02: ₹3.68
2019-03: ₹3.63
2019-04: ₹3.80
2019-05: ₹3.44
2019-08: ₹3.32
2019-09: ₹3.32
2019-10: ₹3.30
2019-11: ₹3.13
2019-12: ₹2.94
2020-01: ₹3.49
2020-02: ₹4.73
2020-03: ₹3.82
2020-04: ₹3.82
2020-08: ₹3.18
2020-09: ₹3.32
2020-10: ₹3.16
2020-11: ₹3.44
2020-12: ₹4.30
2021-01: ₹5.74
2021-02: ₹11.78
2021-03: ₹8.56
2021-04: ₹10.73
2021-05: ₹10.58
2021-06: ₹11.68
2021-07: ₹17.80
2021-08: ₹16.96
2021-09: ₹17.20
2021-10: ₹20.82
2021-11: ₹20.34
2021-12: ₹19.21
2022-01: ₹18.45
2022-02: ₹15.20
2022-03: ₹18.86
2022-04: ₹22.06
2022-05: ₹20.72
2022-06: ₹18.74
2022-07: ₹18.38
2022-08: ₹19.14
2022-09: ₹23.80
2022-10: ₹23.10
2022-11: ₹23.90
2022-12: ₹24.28
2023-01: ₹27.65
2023-02: ₹29.82
2023-03: ₹30.32
2023-04: ₹33.86
2023-05: ₹35.20
2023-06: ₹41.70
2023-07: ₹42.54
2023-08: ₹36.20
2023-09: ₹42.72
2023-10: ₹44.09
2023-11: ₹37.30
2023-12: ₹38.78
2024-01: ₹40.70
2024-02: ₹36.64
2024-03: ₹35.32
2024-04: ₹37.52
2024-05: ₹35.54
2024-06: ₹32.52
2024-07: ₹31.56
2024-08: ₹33.02
2024-09: ₹34.82
2024-10: ₹31.45
2024-11: ₹30.44
2024-12: ₹28.80
2025-01: ₹27.76
2025-02: ₹22.64
2025-03: ₹21.83
2025-04: ₹23.44
2025-05: ₹30.20
2025-06: ₹32.90
2025-07: ₹31.27
2025-08: ₹31.60
2025-09: ₹31.50
2025-10: ₹33.04
2025-11: ₹32.76
2025-12: ₹37.97
2026-01: ₹32.25
2026-02: ₹32.26
2026-03: ₹30.28
2026-04: ₹36.07
2026-05: ₹35.78
2026-06: ₹41.67
2026-07: ₹52.96
2026-08: ₹58.48
2026-09: ₹61.55
2026-10: ₹54.22

Last 90 trading days

₹39₹48₹57₹66 Jun 23Jul 20Aug 13Sep 8Oct 6Oct 30
2026-06-23: ₹40.07
2026-06-25: ₹39.65
2026-06-30: ₹41.67
2026-07-02: ₹42.85
2026-07-06: ₹43.27
2026-07-08: ₹44.59
2026-07-10: ₹44.33
2026-07-14: ₹43.82
2026-07-16: ₹46.82
2026-07-20: ₹46.31
2026-07-22: ₹46.68
2026-07-24: ₹47.83
2026-07-28: ₹48.32
2026-07-30: ₹49.63
2026-08-03: ₹53.52
2026-08-05: ₹53.48
2026-08-07: ₹54.52
2026-08-11: ₹56.32
2026-08-13: ₹57.51
2026-08-17: ₹58.30
2026-08-19: ₹58.62
2026-08-21: ₹57.00
2026-08-25: ₹56.89
2026-08-27: ₹57.93
2026-08-31: ₹58.48
2026-09-02: ₹58.39
2026-09-04: ₹63.58
2026-09-08: ₹61.62
2026-09-10: ₹62.29
2026-09-15: ₹58.09
2026-09-17: ₹62.55
2026-09-21: ₹64.81
2026-09-23: ₹66.26
2026-09-25: ₹66.15
2026-09-29: ₹62.80
2026-10-01: ₹60.46
2026-10-06: ₹58.45
2026-10-08: ₹58.71
2026-10-12: ₹58.99
2026-10-14: ₹59.72
2026-10-16: ₹64.34
2026-10-21: ₹57.71
2026-10-23: ₹53.27
2026-10-27: ₹56.87
2026-10-29: ₹55.98
2026-10-30: ₹54.22
 ₹39₹48₹57₹66 Jun 23Aug 5Sep 17Oct 30
2026-06-23: ₹40.07
2026-06-25: ₹39.65
2026-06-30: ₹41.67
2026-07-02: ₹42.85
2026-07-06: ₹43.27
2026-07-08: ₹44.59
2026-07-10: ₹44.33
2026-07-14: ₹43.82
2026-07-16: ₹46.82
2026-07-20: ₹46.31
2026-07-22: ₹46.68
2026-07-24: ₹47.83
2026-07-28: ₹48.32
2026-07-30: ₹49.63
2026-08-03: ₹53.52
2026-08-05: ₹53.48
2026-08-07: ₹54.52
2026-08-11: ₹56.32
2026-08-13: ₹57.51
2026-08-17: ₹58.30
2026-08-19: ₹58.62
2026-08-21: ₹57.00
2026-08-25: ₹56.89
2026-08-27: ₹57.93
2026-08-31: ₹58.48
2026-09-02: ₹58.39
2026-09-04: ₹63.58
2026-09-08: ₹61.62
2026-09-10: ₹62.29
2026-09-15: ₹58.09
2026-09-17: ₹62.55
2026-09-21: ₹64.81
2026-09-23: ₹66.26
2026-09-25: ₹66.15
2026-09-29: ₹62.80
2026-10-01: ₹60.46
2026-10-06: ₹58.45
2026-10-08: ₹58.71
2026-10-12: ₹58.99
2026-10-14: ₹59.72
2026-10-16: ₹64.34
2026-10-21: ₹57.71
2026-10-23: ₹53.27
2026-10-27: ₹56.87
2026-10-29: ₹55.98
2026-10-30: ₹54.22

Drawdown from peak

0% -27% -55% Feb '19Dec '22Oct '26 0% -27% -55% Feb '19Dec '22Oct '26
Largest drawdowns

-55.2% (2023-08 peak to 2025-03 low, recovered 2026-07)

-44.3% (2020-03 peak to 2020-08 low, recovered 2021-01)

-37.1% (2021-03 peak to 2021-03 low, recovered 2021-07)

Most recent volume spikes

2026-08-11: 6.2x the 50-day median, price +1.0% that day

2026-08-10: 19.6x the 50-day median, price +2.3% that day

2026-07-31: 8x the 50-day median, price +6.7% that day

Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).

Where does it rank among Consumer Non-Durables peers?

Each cell is the company's percentile rank among its Consumer Non-Durables peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '21Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Oct '26
Lower rank Higher rank

Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.

The Consumer Non-Durables sector page Watch it move against Consumer Non-Durables in the Observatory

What else looks like this?

Companies with the most similar financial profile today, regardless of industry.

CompanySectorSimilarityClosest on
GALA PRECISION ENGINEERING (GALAPREC)Producer Manufacturing65%ROCE, operating margin
PROVENTUS AGROCOM (PROV)Distribution Services62%debt/equity, P/E
FISCHER MEDICAL VENTURES (FISCHER)Health Services61%promoter holding, P/E
ONE POINT ONE SOLUTIONS (ONEPOINT)Commercial Services61%volatility, revenue
SHREE RAMA MULTI-TECH (SHREERAMA)Process Industries58%promoter holding, revenue
SHRI AHIMSA NATURALS (SHRIAHIMSA)Consumer Non-Durables46%revenue, market cap
ADF FOODS (ADFFOODS)Consumer Non-Durables39%operating margin, revenue growth
VIDHI SPECIALTY FOOD ING (VIDHIING)Consumer Non-Durables39%operating margin, debt/equity

Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.

What happened next to similar setups

−4.7%typical 12-month return vs the marketNot meaningfully different from the base rate
  • We found 50 past situations where a non-financial company looked like IRIS CLOTHINGS LIMITED today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
  • Over the following 12 months the middle half of them returned −21% to +23% vs the market, against −3% for all non-financial companies in the same months.
  • The gap against the base rate (−2.2%, 80% range −7.7% to +3.6%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
SIGACHI · Feb 2024: −52.4% vs market
EPL · Oct 2020: −45.8% vs market
SYRMA · Oct 2023: −39.9% vs market
RALLIS · Aug 2020: −39.7% vs market
MTARTECH · Jul 2023: −39.5% vs market
AARON · Jun 2025: −36.2% vs market
INNOVACAP · Jan 2025: −34.8% vs market
KRISHANA · Mar 2023: −32.4% vs market
SOMANYCERA · Oct 2021: −32.4% vs market
STYLAMIND · May 2023: −31.1% vs market
MOS · Jan 2025: −29.6% vs market
IRIS · Nov 2024: −27.0% vs market
ARTEMISMED · Mar 2025: −22.8% vs market
JLHL · Sep 2025: −17.0% vs market
AFFLE · Feb 2025: −16.7% vs market
MBAPL · Mar 2020: −16.5% vs market
RAMCOCEM · Jan 2020: −16.1% vs market
SIRCA · Sep 2025: −14.3% vs market
NH · Sep 2020: −14.2% vs market
SINTERCOM · Feb 2020: −10.1% vs market
MOLDTKPAC · Aug 2022: −7.5% vs market
BHAGCHEM · Nov 2022: −6.7% vs market
SUDARSCHEM · Jan 2020: −6.6% vs market
SILVERTUC · May 2024: −5.3% vs market
GREENPANEL · Nov 2021: −5.1% vs market
MEDANTA · Dec 2023: −4.4% vs market
CRAFTSMAN · Jan 2023: −1.4% vs market
ASALCBR · Apr 2021: +0.1% vs market
CANTABIL · May 2020: +0.5% vs market
AURIONPRO · Jun 2024: +3.4% vs market
HESTERBIO · Apr 2020: +4.1% vs market
ELGIEQUIP · Jan 2020: +5.2% vs market
NEOGEN · Jun 2020: +9.6% vs market
TEGA · Jun 2023: +15.1% vs market
EIFFL · Aug 2025: +16.1% vs market
BECTORFOOD · Jun 2023: +16.3% vs market
VENUSPIPES · Jul 2023: +20.1% vs market
RADICO · Jun 2020: +24.4% vs market
ETHOSLTD · Nov 2023: +25.5% vs market
THYROCARE · Apr 2025: +28.2% vs market
GARFIBRES · Apr 2020: +28.5% vs market
ANUP · Aug 2023: +34.8% vs market
CHOICEIN · Jun 2023: +46.3% vs market
ACUTAAS · Dec 2024: +50.3% vs market
CENTURYPLY · Feb 2021: +61.6% vs market
ASTRAMICRO · Sep 2025: +65.7% vs market
AMBER · Apr 2020: +81.1% vs market
SHAILY · Sep 2024: +133.5% vs market
SANGHVIMOV · Mar 2023: +158.5% vs market
POLYMED · Apr 2020: +173.9% vs market
Similar setups −4.7%All companies −2.5%← worse than the marketbetter than the market →

Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 3 beyond the range shown, drawn at the edge

Similar setups' median
−4.7%
All companies' median
−2.5%
Beat the market
46% vs 47%

50 past situations · 50 companies · 37 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
CHOICEIN
Finance		 Jun 2023 60x16% +87%−7% +46%
ETHOSLTD
Retail Trade		 Nov 2023 82x18% +120%−4% +26%
VENUSPIPES
Non-Energy Minerals		 Jul 2023 57x23% +221%0% +20%
MOS
Technology Services		 Jan 2025 62x17% +91%−24% −30%
POLYMED
Health Technology		 Apr 2020 31x22% +16%−31% +174%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
MBAPL
Process Industries		 Mar 2020 13x14% +18%— −17%
BECTORFOOD
Consumer Non-Durables		 Jun 2023 53x21% +199%−5% +16%
AMBER
Producer Manufacturing		 Apr 2020 36x14% +37%−35% +81%
How reliable is this?

Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: P/S, P/E and ROCE. One match per company and at most 7 from any one month.

Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.

How this is built

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to IRIS CLOTHINGS LIMITED. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

Methodology

How historical analogs are built

Data as of 2026-10-30. Outcome pool: Jan 2020 to Oct 2025.

For every company we look at the situation it is in today (valuation, return on capital, margins, debt, growth, 12-month price momentum, drawdown, size and volatility) and find past company-months that looked most like it. We then show what happened to those past situations over the following 12 months, measured against the ApnaFunda All index and against the base rate. It describes history. It does not predict anything.

What is compared

FeatureWeightNon-financialFinancial
P/E1yesyes
P/S1yes—
P/B1—yes
ROCE1yes—
operating margin1yes—
ROE1—yes
debt/equity0.75yes—
interest cover0.5yes—
revenue growth0.75yesyes
12-month momentum1yesyes
drawdown from 12-month high0.75yesyes
size0.75yesyes
volatility0.5yesyes

Weights were set by judgement before any outcome was looked at and are never tuned on results. Loss-making companies (negative P/E or net profit) are only matched with other loss-making companies. Banks, NBFCs and insurers are compared only with each other and use a different feature set. Every feature is converted, month by month, to its rank among companies in the same pool in that month, so a P/E of 30 in a hot market and a P/E of 22 in a cold one can match if both were equally expensive for their time. Only that month's data is used.

How closeness and the sample are defined

Distance is the weighted root-mean-square gap between the standardised features both companies have. A match needs at least 70% of the query's feature weight, a distance of at most 0.9, and 30 matches at minimum to be shown. We keep up to 50 matches with these exclusions: never the company itself, one match per company (its closest month), and at most 7 from any one calendar month so a single market episode cannot dominate.

Base rate

The base rate is the distribution of 12-month returns, relative to the market, of every eligible company-month in the same pool, with each month weighted to match the months the analogs came from. It answers: how did a random company do in these same months? Because matches from nearby months share the same market conditions, we also report the number of distinct 12-month windows behind a result, and a bootstrap that resamples months decides whether the analog median differs from the base rate at all. "Not meaningfully different" is the usual outcome and the page copy is written for it.

Limits you should know

  • One market period. The outcome pool covers 2020–2025 only (70 months), including the 2020 crash and the 2020–21 rally.
  • Survivorship. Only companies listed today are included. Delisted and bankrupt companies are missing, which flatters past outcomes, particularly for distressed-looking setups.
  • Price return only. Dividends are excluded, and the benchmark is an ApnaFunda market-cap-weighted index of the same listed companies, not an official index.
  • Reporting lag. Fundamentals are matched on an assumed 60-day lag after the quarter end, not on real announcement dates.
  • Pools: non-financial: 97,430 company-months from 2000 companies; financial: 5,632 company-months from 106 companies. 2240 companies currently have a result; the rest are suppressed because too few comparable situations exist.

Does it work? A walk-forward check

The walk-forward check has not been run for this build, so skill is shown as not yet measured.

Disclaimer

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to any company shown. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.
Monthly history (93 months)
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1058.3x₹201 cr12.5%16.0%0.2x
2026-0966.2x₹201 cr12.4%16.0%0.2x
2026-0868.0x₹191 cr11.4%16.0%0.2x
2026-0761.6x₹191 cr11.4%16.0%0.2x
2026-0648.5x₹191 cr11.4%16.0%0.2x
2026-0547.1x₹171 cr17.4%18.0%0.6x
2026-0447.5x₹171 cr17.4%18.0%0.6x
2026-0339.8x₹171 cr17.4%18.0%0.6x
2026-0244.8x₹155 cr16.6%18.0%0.6x
2026-0144.8x₹155 cr16.6%18.0%0.6x
2025-1252.7x₹155 cr16.6%18.0%0.6x
2025-1146.8x₹152 cr16.2%18.0%0.6x
2025-1047.2x₹152 cr16.2%18.0%0.6x
2025-0945.0x₹152 cr16.2%18.0%0.6x
2025-0845.8x₹146 cr16.0%18.0%0.6x
2025-0745.3x₹146 cr16.0%18.0%0.6x
2025-0647.7x₹146 cr16.0%18.0%0.6x
2025-0547.9x₹148 cr17.6%20.0%0.6x
2025-0437.2x₹148 cr17.6%20.0%0.6x
2025-0334.7x₹148 cr17.6%20.0%0.6x
2025-0237.1x₹138 cr17.0%20.0%0.6x
2025-0145.5x₹138 cr17.0%20.0%0.6x
2024-1247.2x₹138 cr17.0%20.0%0.6x
2024-1150.7x₹129 cr16.8%20.0%0.6x
2024-1052.4x₹129 cr16.8%20.0%0.6x
2024-0958.0x₹129 cr16.8%20.0%0.6x
2024-0851.6x₹120 cr17.4%20.0%0.6x
2024-0749.3x₹120 cr17.4%20.0%0.6x
2024-0650.8x₹120 cr17.4%20.0%0.6x
2024-0582.7x₹112 cr14.0%16.0%0.6x
2024-0487.3x₹112 cr14.0%16.0%0.6x
2024-0382.1x₹112 cr14.0%16.0%0.6x
2024-0285.2x₹112 cr14.0%16.0%0.6x
2024-0194.7x₹112 cr14.0%16.0%0.6x
2023-1290.2x₹112 cr14.0%16.0%0.6x
2023-1186.7x₹112 cr14.0%16.0%0.6x
2023-10102.5x₹112 cr14.0%16.0%0.6x
2023-0999.3x₹112 cr14.0%16.0%0.6x
2023-0884.2x₹112 cr14.0%16.0%0.6x
2023-0798.9x₹112 cr14.0%16.0%0.6x
2023-0697.0x₹112 cr14.0%16.0%0.6x
2023-0566.4x₹110 cr20.8%22.0%0.7x
2023-0463.9x₹110 cr20.8%22.0%0.7x
2023-0357.2x₹110 cr20.8%22.0%0.7x
2023-0256.3x₹110 cr20.8%22.0%0.7x
2023-0152.2x₹110 cr20.8%22.0%0.7x
2022-1245.8x₹110 cr20.8%22.0%0.7x
2022-1145.1x₹110 cr20.8%22.0%0.7x
2022-1043.6x₹110 cr20.8%22.0%0.7x
2022-0944.9x₹110 cr20.8%22.0%0.7x
2022-0836.1x₹110 cr20.8%22.0%0.7x
2022-0734.7x₹110 cr20.8%22.0%0.7x
2022-0635.4x₹110 cr20.8%22.0%0.7x
2022-0560.9x₹87 cr17.9%18.0%0.7x
2022-0464.9x₹87 cr17.9%18.0%0.7x
2022-0355.5x₹87 cr17.9%18.0%0.7x
2022-0244.7x₹87 cr17.9%18.0%0.7x
2022-0154.3x₹87 cr17.9%18.0%0.7x
2021-1256.5x₹87 cr17.9%18.0%0.7x
2021-1159.8x₹87 cr17.9%18.0%0.7x
2021-1061.2x₹87 cr17.9%18.0%0.7x
2021-0950.6x₹87 cr17.9%18.0%0.7x
2021-0849.9x₹87 cr17.9%18.0%0.7x
2021-0752.4x₹87 cr17.9%18.0%0.7x
2021-0634.4x₹87 cr17.9%18.0%0.7x
2021-0550.4x₹60 cr1.5%15.0%1.0x
2021-0451.1x₹60 cr1.5%15.0%1.0x
2021-0340.8x₹60 cr1.5%15.0%1.0x
2021-0256.1x₹60 cr1.5%15.0%1.0x
2021-0127.3x₹60 cr1.5%15.0%1.0x
2020-1220.5x₹60 cr1.5%15.0%1.0x
2020-1116.4x₹60 cr1.5%15.0%1.0x
2020-1015.0x₹60 cr1.5%15.0%1.0x
2020-0915.8x₹60 cr1.5%15.0%1.0x
2020-0815.1x₹60 cr1.5%15.0%1.0x
2020-07—————
2020-06—————
2020-05—————
2020-0414.1x₹62 cr17.2%22.0%0.7x
2020-0314.1x₹62 cr17.2%22.0%0.7x
2020-0217.5x₹62 cr17.2%22.0%0.7x
2020-0112.9x₹62 cr17.2%22.0%0.7x
2019-1210.9x₹62 cr17.2%22.0%0.7x
2019-1111.6x₹62 cr17.2%22.0%0.7x
2019-1012.2x₹62 cr17.2%22.0%0.7x
2019-0912.3x₹62 cr17.2%22.0%0.7x
2019-0812.3x₹62 cr17.2%22.0%0.7x
2019-07—————
2019-06—————
2019-0511.9x₹53 cr4.1%—2.2x
2019-0413.1x₹53 cr4.1%—2.2x
2019-0312.5x₹53 cr4.1%—2.2x
2019-0212.7x₹53 cr4.1%—2.2x

Methodology and data notes

Methodology

Methodology and data notes

All figures come from public exchange prices and screener.in financial statements. Quarterly and annual results are shown from 60 days after the period end, so a month never uses a result before it would plausibly have been published. Statements are the latest versions, which may include later restatements.

Sector medians, percentiles and indices use today's listed companies in the sector (survivorship bias). Prices are adjusted for splits and bonus issues; around a corporate action the fundamentals may lag the price by up to a month, and affected sections are hidden.

The return decomposition uses price = P/E × net profit ÷ share count. The reverse DCF uses a fixed 12% cost of equity, a 10-year horizon and a 15x terminal P/E, and is an illustration only. Events, flags and twins follow fixed rules and thresholds described next to each section.

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