Alerts will be sent to your verified email
Verify EmailIRIS
Balance sheet of Iris Business Serv. is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Iris Business Serv. is increasing.
Latest debt of Iris Business Serv. is -₹18.97 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹26.91 Crs.
Yes, profit is increasing.
The profit of Iris Business Serv. is ₹15.09 Crs for TTM, ₹8.69 Crs for Mar 2024 and ₹4.27 Crs for Mar 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Iris Business Serv. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments