Jain Irrigation Systems Ltd
Jain Irrigation Systems Limited is engaged in providing solutions in agriculture, piping and infrastructure through manufacturing of Micro Irrigation Systems, PVC Pipes, HDPE Pipes, Plastic Sheets, Agro Processed Products, Renewable Energy Solutions, Tissue Culture Plants, Financial Services and other agricultural inputs. [1]
- Market Cap ₹ 2,227 Cr.
- Current Price ₹ 30.6
- High / Low ₹ 59.0 / 27.1
- Stock P/E
- Book Value ₹ 81.9
- Dividend Yield 0.00 %
- ROCE 5.31 %
- ROE -0.47 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.37 times its book value
- Company's working capital requirements have reduced from 64.1 days to 37.3 days
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 2.59% over past five years.
- Promoter holding is low: 26.7%
- Company has a low return on equity of 0.31% over last 3 years.
- Promoters have pledged 40.8% of their holding.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Plastic Products - Industrial
Part of BSE Industrials BSE 1000
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6,117 | 6,281 | 6,715 | 7,800 | 8,536 | 5,891 | 5,631 | 7,078 | 5,690 | 6,084 | 5,732 | 6,400 | |
| 5,338 | 5,460 | 5,770 | 6,846 | 7,610 | 5,942 | 5,283 | 6,372 | 5,126 | 5,300 | 5,015 | 5,598 | |
| Operating Profit | 779 | 820 | 945 | 954 | 926 | -51 | 348 | 706 | 564 | 784 | 717 | 801 |
| OPM % | 13% | 13% | 14% | 12% | 11% | -1% | 6% | 10% | 10% | 13% | 13% | 13% |
| -35 | 34 | 59 | 163 | 275 | 75 | 116 | 611 | 1,004 | -43 | 16 | -42 | |
| Interest | 469 | 491 | 459 | 479 | 514 | 692 | 746 | 558 | 469 | 419 | 433 | 458 |
| Depreciation | 244 | 297 | 301 | 339 | 313 | 347 | 351 | 337 | 236 | 243 | 253 | 282 |
| Profit before tax | 31 | 67 | 243 | 299 | 374 | -1,014 | -633 | 422 | 863 | 79 | 46 | 20 |
| Tax % | -78% | 27% | 27% | 26% | 32% | -29% | -36% | 22% | 4% | 46% | 45% | 304% |
| 55 | 49 | 176 | 221 | 254 | -719 | -403 | 329 | 832 | 43 | 26 | -40 | |
| EPS in Rs | 1.25 | 1.06 | 3.68 | 4.42 | 4.82 | -14.41 | -7.97 | 5.48 | 13.69 | 0.68 | 0.50 | -0.34 |
| Dividend Payout % | 42% | 49% | 21% | 24% | 22% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 3% |
| 3 Years: | 4% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | % |
| TTM: | -181% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -8% |
| 5 Years: | -2% |
| 3 Years: | -10% |
| 1 Year: | -43% |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 3% |
| 3 Years: | 0% |
| Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 92 | 95 | 96 | 103 | 103 | 103 | 103 | 122 | 125 | 137 | 138 | 147 |
| Reserves | 2,047 | 3,969 | 4,062 | 4,248 | 4,310 | 3,368 | 2,865 | 3,534 | 5,056 | 5,304 | 5,482 | 5,703 |
| 4,231 | 4,124 | 4,033 | 4,453 | 5,247 | 7,159 | 6,974 | 6,767 | 3,967 | 4,049 | 4,008 | 4,306 | |
| 1,889 | 2,428 | 2,815 | 3,348 | 3,097 | 2,388 | 2,730 | 2,126 | 1,834 | 1,675 | 1,799 | 2,000 | |
| Total Liabilities | 8,260 | 10,617 | 11,007 | 12,152 | 12,758 | 13,018 | 12,671 | 12,549 | 10,981 | 11,166 | 11,427 | 12,155 |
| 2,761 | 4,833 | 4,803 | 5,284 | 5,565 | 5,989 | 5,577 | 5,372 | 4,147 | 4,242 | 4,393 | 4,613 | |
| CWIP | 53 | 60 | 64 | 122 | 139 | 56 | 21 | 25 | 32 | 26 | 44 | 59 |
| Investments | 62 | 106 | 81 | 85 | 83 | 86 | 88 | 73 | 1,143 | 1,190 | 1,222 | 1,331 |
| 5,384 | 5,618 | 6,058 | 6,661 | 6,971 | 6,887 | 6,985 | 7,078 | 5,659 | 5,708 | 5,769 | 6,152 | |
| Total Assets | 8,260 | 10,617 | 11,007 | 12,152 | 12,758 | 13,018 | 12,671 | 12,549 | 10,981 | 11,166 | 11,427 | 12,155 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 660 | 440 | 674 | 1,313 | 156 | -675 | 299 | 476 | 45 | 535 | 843 | 619 | |
| -228 | -275 | -417 | -1,060 | -346 | -258 | 303 | -194 | 3,138 | -314 | -229 | -414 | |
| -325 | -89 | -520 | -167 | 110 | 1,046 | -435 | -385 | -3,365 | -251 | -621 | -171 | |
| Net Cash Flow | 107 | 76 | -263 | 86 | -80 | 113 | 167 | -104 | -182 | -30 | -7 | 34 |
| Free Cash Flow | 451 | 186 | 374 | 791 | -211 | -943 | 210 | 311 | -98 | 316 | 605 | 284 |
| CFO/OP | 88% | 55% | 74% | 143% | 23% | 1,192% | 99% | 72% | 15% | 68% | 119% | 81% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 117 | 126 | 124 | 118 | 128 | 174 | 161 | 121 | 140 | 133 | 135 | 130 |
| Inventory Days | 197 | 196 | 229 | 214 | 197 | 240 | 231 | 209 | 190 | 191 | 203 | 190 |
| Days Payable | 144 | 140 | 156 | 173 | 140 | 124 | 113 | 102 | 106 | 89 | 105 | 89 |
| Cash Conversion Cycle | 170 | 182 | 197 | 159 | 186 | 290 | 279 | 228 | 224 | 235 | 233 | 230 |
| Working Capital Days | 15 | 34 | 79 | 66 | 72 | -6 | -58 | 55 | 65 | 80 | 75 | 37 |
| ROCE % | 9% | 8% | 8% | 9% | 9% | -3% | 0% | 4% | 4% | 6% | 5% | 5% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Dealers and Distributors (Global) Count |
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| Manufacturing Plants Count |
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| Hi-Tech Agri Revenue Share (Consolidated) % of consolidated revenue |
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| Tissue Culture Plants Sold Million plants |
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| Solar Agri Pumps Installed (Cumulative) Count |
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Extracted by Screener AI
Documents
Announcements
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Reg. 34 (1) Annual Report.
10h - Submitted 39th Annual Report FY2025-26 with audited standalone and consolidated financial statements.
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Notice Of 39Th Annual General Meeting (AGM) Of The Company, Scheduled To Be Held On Monday, August
10, 2026 At 09:30 A.M. At The Registered Office Of The Company And/Or Through Video Conferencing (VC)/Other Audio Visual Means (OAVM), Together With The Explanatory
Statement Pursuant To Section 102(1) Of The Companies Act, 2013.
10h - 39th AGM on 10 Aug 2026; approves FY26 statements, cost auditor fee, and two family-related appointments.
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Notice For Annual Book Closure 2026 & 39Th AGM Under Regulation 42 Of The SEBI (LODR) Regulations, 2015
14 Jul - 39th AGM on August 10, 2026; book closure from August 3-7, 2026.
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Board Meeting Outcome for Outcome Of The Meeting Of The Board Held On Tuesday, July 14, 2026 Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015
14 Jul - Board approved FY26 annual report, AGM notice, reappointment of director, and two office-of-profit appointments.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Jul - Certificate under Reg. 74 (5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2026.
Annual reports
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Financial Year 2026
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Concalls
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May 2026TranscriptPPTREC
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Feb 2026TranscriptPPT
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Nov 2025Transcript PPT REC
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Jul 2025TranscriptPPT REC
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Jul 2025Transcript PPT
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Oct 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023TranscriptAI SummaryPPT
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Nov 2022TranscriptAI SummaryPPT
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Aug 2022TranscriptAI SummaryPPT
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May 2022TranscriptAI SummaryPPT
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Feb 2022TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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Aug 2021TranscriptAI SummaryPPT
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Jun 2021TranscriptAI SummaryPPT
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Feb 2021Transcript PPT
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Feb 2021TranscriptAI SummaryPPT
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Nov 2020TranscriptAI SummaryPPT
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Sep 2020TranscriptAI SummaryPPT
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Aug 2020TranscriptAI SummaryPPT
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Mar 2020TranscriptPPT
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Aug 2019TranscriptAI SummaryPPT
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May 2019TranscriptAI SummaryPPT
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Feb 2019TranscriptAI SummaryPPT
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Nov 2018TranscriptAI SummaryPPT
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Jun 2016TranscriptPPT
Market Position
JISL is the world's second-largest micro-irrigation company and India's largest manufacturer of micro-irrigation systems. It is also the country's largest polyethylene pipe producer, one of the top three PVC pipe producers, and the world's largest tissue culture banana and pomegranate plant producer. Additionally, JISL is the second-largest dehydrated onion producer globally and the largest producer of mango pulp, puree, and concentrate in India. [1]