In Q3FY26, IRIS reported 23% QoQ and 31% YoY increase in total revenue. EBITDA stood at ₹788 lakhs, reflecting a growth of 194% QoQ with an EBITDA margin of 21% and PAT margin at 14%. For the nine-month period, total revenue grew by 17% YoY and EBITDA stood ₹1,201 lakhs, delivering a margin of 13%.
Commenting on the Q3FY26 results, K. Balachandran, Co-Founder and CEO, said:
“The second half of the financial year has been traditionally good and the third quarter numbers are robust as well, driven largely by good growth and improved profitability in the Suptech segment of our company. In our enterprise segment, IRIS Carbon continued to strengthen its ARR base with new customers for our disclosure management solution while the ESG offering opened its account with the first clutch of customer wins. For the first nine months of FY26, IRIS Carbon’s net ARR grew by 23%. Our SupTech platforms delivered 20% YoY growth year‑to‑date, supported by ongoing engagements with regulators, backed by solid execution. With a strengthened balance sheet and clearer growth visibility, we remain focused on disciplined execution and scalable, sustainable growth. We are also planning to move the Datatech business into a wholly owned subsidiary to bring in more focus and flexibility for this business”
Key Performance Highlights:
● Revenue from SupTech witnessed a growth of 20% YoY in 9MFY26 and higher profitability, led by large-scale regulatory digital-reporting implementations across Africa and the Middle East.
● Cash, Cash Equivalents & Investments stood at ₹16,493 lakhs, largely from divestment proceeds of the Company’s TaxTech (GST ASP) business.
● With the award from the International Financial Services Centres Authority based at Gift City, we have added three new regulators so far to our Suptech business this financial year.
Deepta Rangarajan, Co-Founder and Director, said:
“This quarter reflects continued progress in deepening enterprise adoption of IRIS Carbon’s Disclosure Management offering, which is helping us strengthen relationships with CFO offices. We also expanded partner engagements in key RegTech markets too while building leadership depth for the next phase of growth. We also see AI as a fundamental pillar of our growth strategy. Our AI-powered Xbrl automation solutions have achieved commercial validation in key markets, demonstrating product-market fit. We’re actively expanding AI capabilities across our product portfolio, targeting significant efficiency gains and new revenue streams that will drive shareholder value.”
About IRIS RegTech Solutions Limited
IRIS RegTech Solutions Limited is a Global RegTech company listed on the BSE (Scrip code: 540735) and the NSE
(Symbol: IRIS). The IRIS SupTech suite is leveraged by 30+ regulators worldwide including business registries, central
banks and stock exchanges/ securities commissions to simplify and streamline their supervisory operations. IRIS is
also a leading provider of financial, ESG and regulatory reporting software to enterprises, banks and financial
institutions across the world. For more information, please visit www.irisregtech.com
For further information, please contact:
IRIS RegTech Solutions Limited
Santoshkumar Sharma
Email: cs@irisbusiness.com
Ernst & Young LLP
Asha Gupta
Email: asha.gupta@in.ey.com
Ernst & Young LLP
Siddesh Chawan
Email: Siddesh.chawan@in.ey.com
Safe harbor statement
Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors.
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