Iris Clothings Ltd
NSE:IRISDOREME
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Iris Clothings Ltd
NSE:IRISDOREME
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Iris Clothings Ltd
Iris Clothings Ltd. engages in the design, manufacture, and sale of readymade garments for kids and teens. The company is headquartered in Haora, West Bengal. The company went IPO on 2018-10-23. The firm manufactures a range of apparel for infants, toddlers, and junior boys and girls that serves both indoor and outdoor requirements. The firm sells its products under its brand name DOREME. The firm offers a range of products, such as tops, t-shirts, trousers, shorts, dresses, loungewear, accessories, sweatshirts, hoodies, polyfil suits, padded suits and nightwear.
Iris Clothings Ltd. engages in the design, manufacture, and sale of readymade garments for kids and teens. The company is headquartered in Haora, West Bengal. The company went IPO on 2018-10-23. The firm manufactures a range of apparel for infants, toddlers, and junior boys and girls that serves both indoor and outdoor requirements. The firm sells its products under its brand name DOREME. The firm offers a range of products, such as tops, t-shirts, trousers, shorts, dresses, loungewear, accessories, sweatshirts, hoodies, polyfil suits, padded suits and nightwear.
Revenue Growth: Iris Clothings delivered strong Q3 FY26 results, with revenue up 46% year-on-year to INR 487 million, driven by higher demand and expanded distribution.
Margin Pressure: EBITDA margin dropped this quarter due to new product launches, outsourced manufacturing, and one-off expenses from a major dealer conference, but management expects a rebound to 18-19% in Q4.
Q4 Outlook: Management expects Q4 to be the best quarter of the year, citing strong demand for spring/summer products and higher bookings.
Expansion Plans: Production capacity is set to rise to 40,000 pieces per day, with new product launches in infant wear and nightwear; plans to open more exclusive brand outlets (EBOs) in major southern cities.
Digital & Retail Focus: The company aims to boost its direct-to-consumer (D2C) and online business, targeting 1,000 orders per day and 10% of revenue from online channels next year.
