IRIS Q4 FY26 Guidance vs Delivery (IRIS Management Mirror)

Did IRIS's management deliver what it guided? Guidance vs actual performance and tone changes across recent earnings calls, as of the Q4 FY26 (Mar-2026 Qtr) concall.

IRIS Business Services Ltd (IRIS) Q4FY26 Management Mirror - Mar-2026 Qtr

Revenue & ARR Targets

Management introduced a long-term target to reach 500 crores in revenue, implying an approximate 30% CAGR over the next four to five years, while reaffirming the SaaS segment growth target of roughly 35% and projecting net ARR growth of 25% or more in the Mar'26 Qtr. Previously in the Sep'25 Qtr, the company set an internal target of 35% ARR growth for IRIS CARBON, building on a 28% historical overall growth rate expected during the Mar'25 Qtr, with the recurring revenue mix consistently expected to rise. [Status: Initiated]

3 more themes on the ELITE plan.