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Jain Irrigation Systems Limited JISLDVREQS NSEINFRA

Industrials · Conglomerates · India
https://www.jains.com

Jain Irrigation Systems Limited manufactures and sells micro-irrigation systems in India, Europe, North America, and internationally. The company operates through Hi-Tech Agri Input Products, Plastic, Agro Processing, and Other Business segments. It provides drip irrigation; micro and mini sprinklers; sprinkler irrigation systems; hose reel and boom irrigation; filters, dosing pumps, and injectors; PVC and HDPE pipes and fittings; plastic sheets; hi-tech planting material; environment-controlled agriculture; polypropylene piping products; and plumbing and drainage systems. The company also offers green energy products, including solar photovoltaic (PV) modules, solar pumps, solar off grid power plants, solar rooftop grid connected plants, solar water heating systems, LED based home and street lighting products, LED lanterns, and module mounting structure solutions, as well as undertakes turnkey projects. In addition, it is involved in the fruit, vegetable, and spice processing activities; provision of dehydrated onion and vegetable products, aseptic fruit purees, concentrates, clarified juices, individually quick frozen, and frozen products under the Jain Farm Fresh brand; manufacture of fruit or vegetable juices and their concentrate squashes, powder, and spices; and manufactures and supplies tissue cultured plants and agriculture equipment and inputs. Further, the company engages in distribution of food ingredients, dehydrated onions, and other vegetables; and generates power through solar and biogas power plants. Additionally, the company manufactures and sells plastic sheets; and engages in the food and frozen foods business. The company was founded in 1963 and is headquartered in Jalgaon, India.

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₹23.65
-21.06% 1Y

Market & Price

Market Cap
₹1,734.75 Cr
Current Price
₹23.65
High / Low (52W)
₹34.89 / ₹19.15
Beta
-

Valuation

Stock P/E
-
Industry PE
27.78
Forward P/E
-
PEG Ratio
-
Book Value
₹82.81
Price to Book
0.29
P/S
0.27
EV/EBITDA
7.26
Dividend Yield
-

Profitability & Returns

ROCE
6.63%
ROE
-0.68%
ROA
2.86%
Profit Margin
-0.38%
Op Margin
9.13%
EPS (Latest Qtr)
₹-0.17
EPS (TTM)
₹-0.34

Balance Sheet & Liquidity

Debt/Equity
0.72
Quick Ratio
0.49
Current Ratio
1.16
Debt
₹4,305.76 Cr
Total Assets
₹12,155.44 Cr
Current Assets
₹5,748.00 Cr
Working Capital
₹807.17 Cr

Ownership

Promoter Holding
33.44%
Chg in Prom Hold
-
FII / Inst Holding
0.00%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹5,971.17 Cr
Total Revenue (TTM)
₹6,413.31 Cr
EBITDA
₹822.71 Cr
Free Cash Flow
₹-214.86 Cr
Operating Cash Flow
₹618.77 Cr
Shares Outstanding
₹1.93 Cr
Gross Margin
43.63%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
4.15%
Profit 5Y
-34.32%
Revenue (YoY)
4.30%
Earnings (YoY)
-

PROS

No notable strengths flagged.

CONS

  • Earnings shrank at -34.3% CAGR over 5 years.
  • Trading 32.2% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 JISLDVREQS Jain Irrigation Systems Limited NSEINFRA 23.65 - ₹1,734.75 Cr - 6.63% -0.68% 4.15% -34.32%
2 LT Larsen & Toubro Limited NIFTY50NSEAIINFRA 4,076.50 34.84 ₹5.61 L Cr 0.93% 14.55% 16.95% 16.09% 15.38%
3 ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA 1,804.60 30.96 ₹4.16 L Cr 0.42% 11.02% 15.59% 22.93% 34.11%
4 HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU 4,303.80 31.55 ₹2.88 L Cr 1.16% 13.80% 23.98% 7.87% 16.08%
5 POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA 38,445.00 172.41 ₹1.71 L Cr 0.02% 24.92% 21.04% 22.24% 119.12%
6 INDIGO InterGlobe Aviation Limited NSEINFRA 4,405.00 - ₹1.70 L Cr 0.24% 15.53% - 44.12% 72.60%
7 CUMMINSIND Cummins India Limited NSEINFRA 5,881.00 68.97 ₹1.63 L Cr 1.12% 34.95% 29.45% 16.07% 24.35%
8 CGPOWER CG Power and Industrial Solutions Limited NSEINFRA 917.45 118.99 ₹1.44 L Cr 0.14% 19.35% 19.56% 21.67% 7.81%
9 POLYCAB Polycab India Limited NIFTY_MIDNSEAIINFRA 9,477.50 53.48 ₹1.43 L Cr 0.37% 30.44% 24.58% 26.57% 28.11%
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Quarterly Results

Figures in INR.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Dec 2025Mar 2026
Revenue -1,360.78 Cr1,748.73 Cr1,545.65 Cr1,597.58 Cr1,823.97 Cr
Cost of Revenue -790.70 Cr1,031.01 Cr885.25 Cr933.67 Cr1,038.09 Cr
Gross Profit -570.08 Cr717.72 Cr660.40 Cr663.91 Cr785.88 Cr
Operating Expenses -444.09 Cr561.33 Cr555.92 Cr562.41 Cr620.01 Cr
Operating Income -125.99 Cr156.39 Cr104.48 Cr101.50 Cr165.87 Cr
EBITDA -177.70 Cr224.90 Cr202.98 Cr132.39 Cr220.70 Cr
Interest Expense -113.12 Cr111.37 Cr114.01 Cr111.89 Cr116.81 Cr
Pretax Income -1.43 Cr46.28 Cr20.93 Cr-48.91 Cr29.80 Cr
Tax Provision -2.65 Cr18.42 Cr9.74 Cr-1.43 Cr48.84 Cr
Net Income -95.00 L28.91 Cr13.93 Cr-41.86 Cr-12.01 Cr
Diluted EPS -0.010.420.20-0.57-0.17

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -5,664.55 Cr6,049.73 Cr5,779.34 Cr6,399.52 Cr
Cost of Revenue -3,501.64 Cr3,552.74 Cr3,331.87 Cr3,615.04 Cr
Gross Profit -2,162.92 Cr2,496.99 Cr2,447.47 Cr2,784.48 Cr
Operating Expenses -1,668.18 Cr1,939.66 Cr1,983.84 Cr2,257.41 Cr
Operating Income -494.74 Cr557.33 Cr463.63 Cr527.07 Cr
EBITDA -588.30 Cr759.08 Cr732.56 Cr759.83 Cr
Interest Expense -441.71 Cr388.83 Cr432.93 Cr458.38 Cr
Pretax Income --89.26 Cr127.66 Cr46.48 Cr19.60 Cr
Tax Provision -31.52 Cr36.65 Cr20.79 Cr59.59 Cr
Net Income -827.71 Cr45.24 Cr33.54 Cr-24.61 Cr
Diluted EPS 6.0113.080.640.48-

Compounded Sales Growth

5 Years:4.15%
1 Year:4.30%

Compounded Profit Growth

5 Years:-34.32%
1 Year:-

Stock Price Performance

1 Year:-21.06%
6 Months:-19.23%
3 Months:+3.86%
1 Month:-2.91%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -11,003.43 Cr11,197.67 Cr11,449.27 Cr12,155.44 Cr
Current Assets -5,362.21 Cr5,421.04 Cr5,381.34 Cr5,748.00 Cr
Cash & Equivalents -117.67 Cr87.52 Cr80.36 Cr122.07 Cr
Inventory -1,906.38 Cr1,971.25 Cr2,009.35 Cr2,082.62 Cr
Receivables -2,186.52 Cr2,221.06 Cr2,122.08 Cr2,273.94 Cr
Total Liabilities -5,726.61 Cr5,619.50 Cr5,689.56 Cr6,157.62 Cr
Current Liabilities -4,214.49 Cr3,978.03 Cr4,104.91 Cr4,940.83 Cr
Long Term Debt -1,386.00 Cr1,464.90 Cr1,282.30 Cr864.77 Cr
Total Debt -3,966.51 Cr4,040.38 Cr3,998.71 Cr4,305.76 Cr
Total Equity -5,181.14 Cr5,441.63 Cr5,620.17 Cr5,850.11 Cr
Shares Outstanding -62.39 Cr68.68 Cr69.11 Cr73.39 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -44.98 Cr534.79 Cr793.77 Cr618.77 Cr
Investing Cash Flow -3,137.76 Cr-314.86 Cr-228.69 Cr-414.43 Cr
Financing Cash Flow --3,364.82 Cr-250.55 Cr-572.24 Cr-170.59 Cr
Capital Expenditure --159.92 Cr-227.88 Cr-245.44 Cr-353.58 Cr
Free Cash Flow --114.93 Cr306.92 Cr548.33 Cr265.19 Cr
Net Change in Cash --182.07 Cr-30.62 Cr-7.16 Cr33.75 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -38.2%41.3%42.3%43.5%
Operating Margin % -8.7%9.2%8.0%8.2%
Net Margin % -14.6%0.7%0.6%-0.4%
ROE % -16.0%0.8%0.6%-0.4%
ROCE % -7.3%7.7%6.3%7.3%

Shareholding Pattern

Insiders
33.44%
Institutions
0.00%
Public Float
0.00%

Analyst View

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