Iris Clothings Ltd. – Company Report
1. Company Overview
Iris Clothings Limited, established in 2011 and based in Howrah (Kolkata), West Bengal, is one of India’s fast-growing kids’ apparel manufacturers. Initially started as a proprietorship and reorganized as a public limited company in 2018, Iris Clothings is listed on the NSE (Emerge platform). With over 100 distributors and a presence spanning 26 states, the company focuses on designing, manufacturing, branding, and selling stylish, high-quality garments under its flagship kids wear brand "DOREME." Iris Clothings has become a household name in the branded children’s clothing segment, catering to infants, toddlers, and juniors across India and select overseas markets. The company operates nine state-of-the-art manufacturing facilities in Howrah and is committed to maintaining stringent quality standards and responsive supply chain management.
- Incorporated: 2011
- Headquarters: Howrah, West Bengal, India
- Brand: DOREME
- Facilities: 9 manufacturing units (Howrah)
- Distribution: Over 100 distributors, present in 26 states
- Employee Strength: 1,001–5,000 (approximate)
- Listed: NSE (Emerge)
- Market Cap (July 2025): ₹593 crore
- Key Executive: Santosh Ladha (Managing Director)
2. Products and Services
Iris Clothings specializes in affordable, trend-focused children’s apparel and accessories:
Kids’ Garments:
- Apparel for infants, toddlers, junior boys and girls
- Extensive range: T-shirts, tops, shorts, trousers, dresses, loungewear/nightwear, joggers, leggings, padded suits, printed leggings, sweatshirts, and accessories
- Emphasis on innovative prints, new fabric ranges, and updated designs with every season
Brand Portfolio:
- Main focus: "DOREME" for children’s wear
- New developments include plans to expand into menswear and womenswear under the "Oxcgen" brand
Customer Segments:
- Serving both indoor (loungewear, nightwear) and outdoor (casuals, activewear) apparel needs
- Products are available in retail stores and prominent online platforms (like FirstCry and Hopscotch)
Exports and Innovations:
- Expanding international presence, chiefly in Africa (Nigeria, Mozambique)
- Focus on product innovation through fabric upgrades and advanced printing techniques
3. Recent News and Financial Performance
Business Developments:
- Continued expansion of the DOREME brand footprint with deeper penetration in domestic markets and entry into new export markets.
- Launch of exclusive brand outlets and broader product assortment.
- Automation and modernization of manufacturing, enabling scale and improved efficiency.
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹146.3 crore |
| Net Profit | ₹13.1 crore |
| Operating Profit Margin | ~19% |
| Return on Equity (ROE) | 17.3% |
| Earnings Per Share | ₹0.69 |
| Dividend | Not declared |