Industrial Products
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. Jain Irrigation Systems Limited was founded in 1963 and is headquartered in Jalgaon, India.
Balance Sheet: Strong Balance Sheet.
Growth: Declining Revenues! Trailing 12m revenue has fallen by -6.7% in past one year. In past three years, revenues have changed by -17.5%.
Smart Money: Smart money is losing interest in the stock.
Technicals: SharesGuru indicator is Bearish.
Insider Trading: Significant insider selling noticed recently.
Dilution: Company has a tendency to dilute it's stock investors.
Momentum: Stock is suffering a negative price momentum. Stock is down -4.3% in last 30 days.
Comprehensive comparison against sector averages
JISLJALEQS metrics compared to Industrial
Category | JISLJALEQS | Industrial |
---|---|---|
PE | -284.24 | 35.42 |
PS | 0.63 | 2.77 |
Growth | -6.7 % | 2 % |
JISLJALEQS vs Industrial (2021 - 2025)
Understand Jain Irrigation Systems ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
Shareholder Name | Holding % |
---|---|
Jalgaon Investments Private Limited | 18.14% |
Mandala Rose Co-Investment Limited | 5.39% |
Cosmos Investments Private Ltd | 4.78% |
Shantakaram Financial Advisory Services Pvt.Ltd. | 4.43% |
STATE BANK OF INDIA | 2.98% |
JAF Products Pvt. Ltd. | 2.1% |
Subhkam Ventures (I) Pvt Ltd | 1.98% |
UNION BANK OF INDIA | 1.3% |
IDBI BANK LTD | 1.24% |
CANARA BANK-MUMBAI | 1.14% |
EXPORT-IMPORT BANK OF INDIA | 1.03% |
Others | 0.99% |
International Financial Corporation | 0.99% |
Other | 0.94% |
Standard Chartered Bank | 0.67% |
Cooperatieve Rabobank U A | 0.27% |
Ajit Bhavarlal Jain | 0.23% |
Jain Ashok Bhavarlal | 0.15% |
Atul Bhavarlal Jain | 0.13% |
Anil Bhavarlal Jain | 0.12% |
Distribution across major stakeholders
Distribution across major institutional holders
Analysis of Jain Irrigation Systems's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2024
Description | Share | Value |
---|---|---|
Hi-tech Agri Input Products | 39.6% | 537.5 Cr |
Agro Processing Division | 31.7% | 430 Cr |
Plastic Division | 28.8% | 391.1 Cr |
Total | 1.4 kCr |
Summary of Jain Irrigation Systems's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Last updated: Feb 25
Management remains cautiously optimistic, expecting improved performance in Q4 FY2025 and stronger growth in FY2026. Key outlook highlights and major points:
Q4 FY2025 Expectations: Anticipate positive revenue growth driven by recovery in domestic demand (post-election government spending), exports, and new projects (solar water pumps, desalination pipelines).
Sectoral Growth Drivers:
Financial Health:
Subsidiaries:
Challenges:
Long-Term Vision:
Management remains committed to deleveraging, improving profitability, and capitalizing on India's infrastructure and agri-demand tailwinds.
Last updated: Feb 25
Question 1:
Rahul Kapur: "So my question is about the old receivables... any progress there?"
Answer: Receivables decreased by Rs.200 crores over the past year, with further reductions expected in Q4. Government funds released before March will aid recovery. Targets include reducing majority of old receivables by September 2025.
Question 2:
Rahul Kapur: "Any thought about selling the Rivulis stake...?"
Answer: Debt reduced by 50% since 2018-19, focusing on internal accruals and working capital. Selling Rivulis is not a priority currently but may be considered if valuations improve.
Question 3:
Gaurish: "Are we considering to demerge or hive off our business verticals?"
Answer: Evaluating restructuring options for three core businesses (Hi-tech Agri, plastics, food) to optimize capital allocation. Focus remains on strengthening operations; future plans may be shared post-March 2025 results.
Question 4:
Rishikesh: "What would be your revenue growth guidance... and EBITDA margin guidance for FY26?"
Answer: High-teens revenue growth expected for FY26, with EBITDA margins improving due to fixed-cost absorption. Firm guidance to be provided post-March 2025 results.
Question 5:
Praneeth: "Why hasn't inventory gone down further compared to last year?"
Answer: Elevated Hi-tech Agri inventory due to seasonal demand (peak sales Jan"“June). Reduction anticipated in Q4. Plastic and food inventories remained stable.
Question 6:
Sanjay Kolhi: "Difference in standalone vs. consolidated forex losses...?"
Answer: Consolidated forex losses stemmed from GBP/EUR depreciation impacting food exports. Standalone benefited from USD strength. No treasury operations or significant hedging involved.
Question 7:
Pankit Bansal: "Why flattish performance in strong quarters? Growth challenges despite leadership?"
Answer: Hi-tech Agri grew 19% in Q3; plastics/piping lagged due to delayed govt. spending. Recovery expected in Q4. Focus on solar pumps and exports to drive FY26 growth.
Question 8:
Sumit Kumar: "Interest cost rose despite debt reduction. Reason?"
Answer: Non-cash accounting adjustments for 0% NCDs inflated finance costs. Actual cash interest payments declined as debt reduced. PAT improvement expected with higher revenue momentum.
Question 9:
Others (EPC projects, geographic contributions, PAT):
Answer: EPC projects 90% completed; Rs.250"“300 crores pending. Plastic pipes focus on expanding dealer networks and specialized solutions. PAT to turn positive in FY26 with improved EBITDA and reduced interest burden.
Valuation | |
---|---|
Market Cap | 3.65 kCr |
Price/Earnings (Trailing) | -284.24 |
Price/Sales (Trailing) | 0.63 |
EV/EBITDA | 5.04 |
Price/Free Cashflow | 14.02 |
MarketCap/EBT | 79.49 |
Fundamentals | |
---|---|
Revenue (TTM) | 5.76 kCr |
Rev. Growth (Yr) | -0.09% |
Rev. Growth (Qtr) | 13.44% |
Earnings (TTM) | -12.85 Cr |
Earnings Growth (Yr) | -114.2% |
Earnings Growth (Qtr) | 90.74% |
Profitability | |
---|---|
Operating Margin | 0.80% |
EBT Margin | 0.80% |
Return on Equity | -0.23% |
Return on Assets | -0.11% |
Free Cashflow Yield | 7.13% |
Detailed comparison of Jain Irrigation Systems against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|---|
SUPREMEIND | Supreme IndustriesPlastic Products - Industrial | 44.18 kCr | 10.49 kCr | +1.82% | -19.19% | 43.24 | 4.21 | +7.22% | -4.89% |
KIRLOSBROS | Kirloskar BrothersCompressors, Pumps & Diesel Engines | 13.78 kCr | 4.52 kCr | +2.27% | +30.00% | 31.78 | 3.05 | +14.73% | +45.70% |
KSB | KSBCompressors, Pumps & Diesel Engines | 13.06 kCr | 2.57 kCr | +4.29% | -23.91% | 52.77 | 5.08 | +12.74% | +18.59% |
FINPIPE | Finolex IndustriesPlastic Products - Industrial | 10.69 kCr | 4.44 kCr | -2.08% | -36.46% | 13.35 | 2.41 | +1.06% | +68.42% |
Investor Care | |
---|---|
Dividend Yield | 1.55% |
Dividend/Share (TTM) | 1 |
Shares Dilution (1Y) | 0.39% |
Diluted EPS (TTM) | -0.08 |
Financial Health | |
---|---|
Current Ratio | 1.32 |
Debt/Equity | 0.69 |
Debt/Cashflow | 0.14 |