The future of data Hows the stock doing ? IPO in September 2017, - PDF document

IRIS Business Services Limited 15 th October, 2018 To, BSE Limited Corporate Relationship Department, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 Scrip Code: 540735 Sub: CEO’s presentation at “Alpha Ideas SME Stars Meet” held at the BSE on Saturday, October 13, 2018 Dear Sir/ Madam, Please find attached the presentation by the Company CEO, S. Swaminathan at the “Alpha Ideas SME Stars Meet” held at the BSE on Saturday, October 13, 2018. This will also be made available on the Company’s website at www.irisbusiness.com. Kindly take the same on record. Thanking you, Yours faithfully, For IRIS Business Services Limited Jay Mistry Company Secretary & Compliance Officer Encl: As above T-231, Tower 2, 3rd Floor, International Infotech Park, Vashi Station, Vashi, Thane - 400 703, Maharashtra, India. Tel. : +91 22 6723 1000 Fax: +91 22 2781 4434 E-mail: contact@irisindia.net. CIN : U72900MH2000PLC128943

The future of data

How’s the stock doing ? • IPO in September 2017, Issue price: Rs 32 • Listed on BSE • Raised Rs 16 cr for ~ 25 % • CMP: Rs 40, Year High: Rs 79 Low: Rs 33 • Volume of shares traded over the • Mkt lot: 4000; Market year: 7708000 or 41 % of issued shares Cap: Rs 76 crore • Value of shares traded during the • Promoter holding: ~ 40 % year: Rs 41 crore

How’s IRIS doing ? 800.00 Number of Employees 700.00 600.00 800 500.00 600 400.00 Total Revenues 300.00 Expenses 400 200.00 100.00 200 0.00 0 FY12 FY13 FY14 FY15 FY16 FY17 FY18 1 2 3 4 5 6 7 As we moved from a services business to a After 3 years of falling revenues and being in the products business, the head count dropped red, Revenues are rising again. 200 100% 150 80% 100 60% 50 International (%) EBITDA 40% Domestic (%) PAT 0 20% FY12 FY13 FY14 FY15 FY16 FY17 FY18 -50 0% FY12 FY13 FY14 FY15 -100 FY16 FY17 FY18 -150 In FY 2018, we posted losses for the 3 rd year Share of domestic revenue increased because running but turned EBITDA positive of GST offerings

Who runs the company? 7 Member Board of Directors 4 Independent 3 Promoter Directors Directors Narayan Seshadri, Bhaswar Mukherji, Ashok Vinod Aggarwala, S. Swaminathan, Deepta K Balachandran, Chairman of the ex Director Venkatramani, Lawyer Company CEO Rangarajan Company CFO Board (Finance) HPCL CEO Zee TV Audit Committee Bhaswar Mukherjee, Chairman Statutory Auditors Internal Auditors Vinod Aggarwala M P Chitale & Co Moore Stephens & Ashok Venkatramani Singhi K Balachandran

Who owns the company? 25.97% 39.31% Promoters VC Employees Pre IPO Investors 5.98% Others 4.86% 23.88% On Oct 6, we had 425 shareholders, of which, • 333 own 8000 shares or less • 281 own 4000 shares or less • 72 shareholders are employees or ex employees • Some consolidation has happened, we had 550 shareholders at peak. • Lock in period of the shares of Pre IPO investors ended this week.

What do we do ? CREATE Offerings range from enterprise software to Cloud / SAAS to create documents CONSUME ready to be filed with Software tools for data regulators. analysis. Plus, a global repository of normalised financial data culled from filings, if available publicly. COLLECT Software platform for regulators to collect pre- validated submissions from those that they regulate. 6

Why should you care about us? Because we are all set to change the way you invest. Because a company has to be more than creating value for shareholders, but for society as a whole. Myiris.bharat http://stories.cleandata.com

Using IRIS Peridot Step 1 Step 2 What Step 3 Find PAN from What company prospectus For the PAN find the What How? GSTINs Input GSTIN into IRIS Manual Process PERIDOT app How? Using our software IRIS PERIDOT IS A FREE APP AVAILABLE FOR ANDROID AND iOS phones.

Increasing capital market participation Bangla Hindi Gujarati Telugu Urdu

Who are our paying clients • Regulators – Central banks – Capital market regulators – Stock Exchanges – Business Registries • Enterprises – Banks, NBFCs – Mutual funds – Manufacturing & Services companies – Insurance companies – Accounting firms – Law firms – Consulting firms Our products serve over 5000 businesses worldwide

Where are our paying clients Turkey – IRIS iDEAL for Tax filings / eAudit Israel – IRIS Data Poland Platform for – Historical data analysis of conversion into XBRL filings XBRL Macedonia – Filings to Jordan Ministry of – JSE Finance – ASE UK – Filings to HMRC Ireland – IRIS CARBON for Tax filings US Nepal – SEC Filings of c.270 – Nepal Rastra Bank companies through Thailand IRIS CARBON – Department of Business – FP relationships – Filers Development Italy Malaysia – IRIS CARBON – SSM – SCM for filings to Info Camere India Iran – MCA – Taxonomy Saudi Arabia – SEBI MF Singapore Consulting – Corporates – Ministry of – ACRA – RBI Commerce and Industry / Saudi Organization for Certified Public Accountants Mauritius – Tadawul Stock – Bank of Mauritius Exchange – Corporate and South Africa Business Registration – Johannesburg UAE Department stock exchange – ESCA – Companies and – ADX Intellectual – DFM Property Commission Qatar – QFCRA Kuwait – CMA 12 12

What is fetching us the revenues? Segment Revenues in FY18 22.31, 6% 107.64, 31% 219.12, 63% Collect Create Consume

Collect, the Suptech SBU Enterprise software to receive prevalidated data in XBRL Investments to date: Rs 460 lakh Customer Acquisition Revenues to date: Bidding on tenders on our own or bidding with Rs. 8823.84 lakh Local / global partners EBITDA: 20% Gross iFile Margin: 35% Asia: India, Jordan, S: Proven Kuwait, Malaysia, Value for money Qatar, Nepal, Saudi W: The India connection Arabia, Singapore, O: Regulators in 200 Thailand, UAE countries Africa: South Africa, T: Ignorance, 4 global Mauritius competitors Europe: Macedonia

Who are our partners? Select Global Partnerships over the years  AFPI (USA)  FIT Technologies  Merrill Corp (USA) (Turkey)  Analytix Insight  MNS (Mauritius)  Fintellix (India, (Israel)  Nelito Systems Mauritius)  Business Online (India, Mauritius)  HCL Infosystems (Thailand)  Prognoz (Russia, (India)  CTS (Singapore) Saudi Arabia)  HP (India)  CrimsonLogic Pte  Re-aktiv  PT Infogram Limited (Singapore) (Macedonia) Telemedia  Deloitte Touche  Tally Solutions (Indonesia) Tohmatsu (India, (OEM India)  InfoSoft (Nigeria) Singapore, S. Africa,  Tech Mahindra Thailand, UAE, UK)  Infosys (OEM (Mauritius)  Ernst & Young Finacle)  Wipro (India) (Russia, Saudi  KPMG (India, Italy)  Zensar Arabia)  L & T Infotech Technologies (UK)  ERS (across Europe) (Cayman islands)  FAPCO (Kuwait)  Formis (Malaysia) 15

Create, the Regtech SBU The Offering Where & for what The Offering Where & for what India,: RoC / BSE/NSE Cloud based collaborative India: for RBI filings authoring software to generate Desk top based software for Mauritius: for BoM filings USA: SEC filings ready to file submissions to generating submissions from Turkey for tax filings UK: HMRC / Companies House regulators in XBRL and other multiple internal data sources. formats Italy : Infocamere South Africa: CIPC iDeal IRISCARBON Select clients Select clients India: ICICI Bank, HDFC Bank, City Deloitte in UK Union Bank, Corporaton bank, Deloitte in Italy Investments to date: Rs 15.24 cr Canara Bank, Bank of India, Investments to date: Rs 242.05 lakh Syndicate Bank, Bank of America Old Mutual, Bidvest in South Africa Revenues to date: Rs 18.06 cr Revenues to date: Rs 924.61 lakh Mauritius: Afro Asia Bank, EBITDA: - 49% Cyberoptics, Electrosensors in USA EBITDA: 38% Warwick, State Bank Mauritius Gross Margin: 62% Gross Margin: 7% RIL, Hindalco, IHCL, HPCL in India Turkey: Tüprag Metal Madencilik iFilelite: Desk top based tool to iReport: Desk top based software The Offering generate ready to file XBRL for generating submissions to Where & for what submissions, Cloud based collaborative authoring comply with FIU platform to generate GST filings for India: For GST filings Filers: Apar Inds, Kitex Garments, Banks: HSBC, Doha Bank submission to GSTN Piooneer Investcorp, Maithan Coop Banks: Thirusur, Pataliputra Alloys, GTN Textiles Central, Puri Urban, Aurangabad CAs: Singhi & Co., Brahmayya & AMC: Tata, Sundaram, SBI Co., Manish Modi & Associates Others IRISGST Select clients Larsen & Toubro, Bajaj Auto, Bajaj FATCA compliance software: Desk CRILC Analytics: Software for filers Finserv, Thermax, Trent, top based software for generating to prepare data for CRILC Mahanagar Gas, Parle Agro, submissions to comply with the Investments to date: Rs 426.60 lakh submissions Varroc, Vardhaman, Coal India, requirements of FATCA Revenues to date: Rs 460.36 lakh Riya Travels, LIC Finance Banks: Standard Chartered, EBITDA: -35% Select clients: SBI, Hero Fincorp Barclays, Citibank, SB Mauritius Gross Margin: 7% Others: Julius Baer, UTI AMC