Distributor count
216
Not disclosed
Distributors across 26 states; targeting 300 by 2030.
IRISCLOTHINGS
Diversified
15 May 2026
Iris Clothings Ltd — Q4 FY26
Iris Clothings delivered a strong Q4 FY26 with revenue of ₹60.4 crore (+34.1% YoY) and PAT of ₹6.43 crore (+43.5% YoY), driven by distributor network expansion and brand acceptance.
Financial stats pending filing verification
2-Minute Summary
✦ AI-Generated from Full Transcript
Iris Clothings delivered a strong Q4 FY26 with revenue of ₹60.4 crore (+34.1% YoY) and PAT of ₹6.43 crore (+43.5% YoY), driven by distributor network expansion and brand acceptance. EBITDA margin improved to 18.2% in Q4, though full-year margin compressed to 15.4% due to new value categories and D2C launch costs. Management guided for 30-35% revenue growth in FY27, targeting EBITDA margins of ~18%. The new greenfield facility (₹50 crore capex) is expected to add ₹300 crore revenue at full utilization. Risks include margin pressure from competitive pricing and D2C investments, and execution delays in EBO expansion.
Key Numbers
D2C daily orders
300 pieces/day
New launch
D2C platform launched in Q4; initial traction of 300 orders per day.
Customer acquisition cost (D2C)
₹250-300
New metric
Target CAC for D2C; average bill value ₹1,500-1,600.
EBO stores
Less than 10
Not disclosed
Planning to add 8-10 EBOs in FY27; current contribution ~1% of revenue.
Management Guidance
FY27 revenue growth of 30-35%
Management expects revenue growth of 30-35% in FY27, driven by distribution expansion and new categories.
Management guidance revenueEBITDA margin target of ~18% in FY27
Management targets EBITDA margin of around 18% for FY27, improving from FY26's 15.4%.
Management guidance marginsNew facility to add ₹300 crore revenue at full utilization
The greenfield facility with ₹50 crore capex is expected to generate additional ₹300 crore revenue once fully operational.
Management guidance growthD2C to contribute 10% of revenue in FY27, 20-25% in FY28
Digital platforms expected to contribute 10% of revenue in FY27, rising to 20-25% in FY28.
Management guidance growthKey Risks
Margin pressure from competitive pricing and D2C investments
EBITDA margin declined to 15.4% in FY26 due to entry into value categories and D2C launch costs; further pressure expected until D2C scales.
high · management_commentaryExecution delays in EBO expansion
EBO expansion has been delayed; management is still exploring locations and funding, with no concrete timeline.
medium · analyst_questionFunding uncertainty for expansion plans
Management is undecided on funding the ₹50 crore capex and D2C marketing; internal accruals may be insufficient given low cash balance.
medium · analyst_questionRaw material price volatility
Rising raw material prices could impact profitability; management has not hedged and is monitoring the situation.
medium · analyst_questionNotable Quotes
FY26 has been a transformational year for the company as we continued our evolution from a garment manufacturing company into a fast growing branded kitchenware player.
We expect margin profile to slightly improve to somewhere around 18% that is our target.
We are very very positive that the direction that we are going as a company is a very high growth and a big big opportunity for someone like us.
Frequently Asked Questions
What was Iris Clothings's revenue in Q4 FY26?
Iris Clothings reported revenue of ₹60 Cr in Q4 FY26, representing a +34.1% change compared to the same quarter last year.
What guidance did Iris Clothings management give for FY27?
FY27 revenue growth of 30-35%: Management expects revenue growth of 30-35% in FY27, driven by distribution expansion and new categories. EBITDA margin target of ~18% in FY27: Management targets EBITDA margin of around 18% for FY27, improving from FY26's 15.4%. New facility to add ₹300 crore revenue at full utilization: The greenfield facility with ₹50 crore capex is expected to generate additional ₹300 crore revenue once fully operational. D2C to contribute 10% of revenue in FY27, 20-25% in FY28: Digital platforms expected to contribute 10% of revenue in FY27, rising to 20-25% in FY28.
What are the key risks for Iris Clothings in FY27?
Key risks include Margin pressure from competitive pricing and D2C investments — EBITDA margin declined to 15.4% in FY26 due to entry into value categories and D2C launch costs; further pressure expected until D2C scales.; Execution delays in EBO expansion — EBO expansion has been delayed; management is still exploring locations and funding, with no concrete timeline.; Funding uncertainty for expansion plans — Management is undecided on funding the ₹50 crore capex and D2C marketing; internal accruals may be insufficient given low cash balance.; Raw material price volatility — Rising raw material prices could impact profitability; management has not hedged and is monitoring the situation..
Did Iris Clothings meet its previous quarter's guidance?
Scorecard data is being built as historical quarters are processed.
Where can I read the full Iris Clothings Q4 FY26 concall transcript?
The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary with filing verification status shown on the financial stats.