IRIS RegTech Solutions Limited (IRIS) reported audited results for the quarter and year ended 31 March 2026, with momentum in both Q4 and the full year. In Q4, total revenue rose seven per cent quarter-on-quarter and 36 per cent year-on-year, while EBITDA expanded 24 per cent year-on-year and profit after tax nearly doubled. For the full year, total revenue grew 23 per cent year-on-year to Rs 1,382 million (mn) and EBITDA stood at Rs 198 mn, delivering a margin of 14.3 per cent as the company continued to invest in scaling the enterprise business.

Recurring revenue increased to Rs 694 mn and contributed 54 per cent of total revenue compared with 52 per cent in the prior year, signalling improved quality of revenue. Cash, cash equivalents and investments strengthened to Rs 1,554 mn at year end, materially boosted by proceeds from the divestment of the TaxTech (GST ASP) business which supported balance sheet flexibility. Management also reported that IRIS CARBON net annual recurring revenue grew 32 per cent year-on-year, reflecting traction in the enterprise SaaS offering.

Business development included the first project win with a tax regulator in Qatar, extending the supervisory technology footprint beyond financial regulators and a notable enterprise win in Brazil for IRIS CARBON. The company indicated plans to deepen partner engagements in key RegTech markets and to continue investing in sales and marketing initiatives while rolling out generative AI features across product lines. Management stated the plan to move the DataTech business into a wholly owned subsidiary was expected to be completed in the current quarter.

With a strengthened balance sheet and increased recurring revenue mix, IRIS said it remained focused on disciplined execution and scalable sustainable growth. Executives noted momentum in both SupTech and RegTech segments along with continued investment in product development for disclosure management, ESG and supervisory reporting platforms. The company indicated continued attention to margin improvement and delivery as it pursues international expansion.