IRIS RegTech Solutions (NSE:IRIS) Shares Outstanding (Basic Average): 21 Mil (As of Mar. 2026)


NSE:IRIS IRIS RegTech Solutions Ltd NSE:IRIS
80 GF Score
Price ₹266.60
GF Value ₹297.83
Valuation Modestly Undervalued
! 3 Warning Signs
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What is IRIS RegTech Solutions Shares Outstanding (Basic Average)?

IRIS RegTech Solutions NSE:IRIS -1.22% 80 Shares Outstanding (Basic Average) is 21 Mil as of Mar. 2026. GuruFocus rates NSE:IRIS with a GF Score™ of 80/100 and a GF Value™ of ₹297.83 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. IRIS RegTech Solutions's average basic shares outstanding for the quarter that ended in Mar. 2026 was 21 Mil.


IRIS RegTech Solutions  (NSE:IRIS) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


IRIS RegTech Solutions Shares Outstanding (Basic Average) Related Terms


IRIS RegTech Solutions Shares Outstanding (Basic Average) Historical Data

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The historical data trend for IRIS RegTech Solutions's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

IRIS RegTech Solutions Shares Outstanding (Basic Average) Chart

IRIS RegTech Solutions Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.15 19.22 19.36 19.89 20.55

IRIS RegTech Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.29 15.91 20.55 20.59 20.54
NSE:IRIS
80GF Score
IRIS RegTech Solutions Ltd NSE:IRIS
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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IRIS RegTech Solutions Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 21 Mil mean?
IRIS RegTech Solutions (NSE:IRIS) has a Shares Outstanding (Basic Average) of 21 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on IRIS RegTech Solutions and its competitors.
Is IRIS RegTech Solutions' Shares Outstanding (Basic Average) too high?
IRIS RegTech Solutions' current Shares Outstanding (Basic Average) is 21 Mil. Overall, IRIS RegTech Solutions has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IRIS RegTech Solutions' Shares Outstanding (Basic Average) compare to CRM and SHOP?
IRIS RegTech Solutions' Shares Outstanding (Basic Average) of 21 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Software company?
A good Shares Outstanding (Basic Average) depends on the Software industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on IRIS RegTech Solutions and its competitors. IRIS RegTech Solutions's current Shares Outstanding (Basic Average) is 21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRIS RegTech Solutions stock overvalued right now?
Based on GuruFocus' analysis, IRIS RegTech Solutions (NSE:IRIS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹297.83, compared to a current price of ₹266.60 — trading 10.5% below its estimated fair value. The current Shares Outstanding (Basic Average) is 21 Mil. IRIS RegTech Solutions' overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For IRIS RegTech Solutions (NSE:IRIS), the current Shares Outstanding (Basic Average) is 21 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is IRIS RegTech Solutions (NSE:IRIS) Overvalued in 2026?

Based on GuruFocus' analysis, IRIS RegTech Solutions stock appears to be undervalued. The current stock price of ₹266.60 is trading 10.5% below its estimated GF Value™ of ₹297.83. GuruFocus considers IRIS RegTech Solutions to be Modestly Undervalued.

Key valuation signals for NSE:IRIS:

  • Shares Outstanding (Basic Average): 21 Mil
  • GF Value™: ₹297.83 vs. price of ₹266.60 (10.5% below fair value)
  • GF Score™: 80/100 with 3 warning signs

No single metric tells the full story. See the NSE:IRIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IRIS RegTech Solutions Business Description

Other Exchanges 540735:India
Address T-231, International Infortech Park, Tower 2, 3rd Floor, Vashi, Navi Mumbai, MH, IND, 400703
IRIS RegTech Solutions Ltd is a RegTech SaaS company that has been evolutionizing the way businesses meet their regulatory compliance requirements. The company offers a comprehensive suite of technology-driven solutions that enable organizations to comply with a range of regulatory frameworks in a cost-effective and efficient manner. With a commitment to innovation and customer satisfaction, It has become a trusted partner for businesses across a range of industries. It uses cutting-edge technologies like Artificial Intelligence, Machine Learning, and Robotic Process Automation to deliver solutions that are accurate, reliable, and scalable. Its suite of products includes solutions for managing financial reporting, corporate governance, and compliance, among others.
80GF Score

Get the complete analysis for NSE:IRIS

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹266.60
Price
₹297.83
GF Value