Jain Irrigation Systems
- Market cap
- ₹ 1,706 Cr.
- P/E
- 49.9x
- P/B
- 0.3x
- 52-week range
- 22.96 – 55.79
- ROE
- 0%
- ROCE
- 5%
- Dividend yield
- 0%
- Debt / equity
- 0.77
- Sector
- Industrial Products
- Industry
- Plastic Products - Industrial
- Listed on
- NSE, BSE
About
Jain Irrigation Systems Limited is an India-based micro-irrigation company. The Company is engaged in providing solutions in agriculture, piping and infrastructure through manufacturing of micro irrigation systems, polyvinyl chloride (PVC) Pipes, high density polyethylene (HDPE) pipes, plastic sheets, agro processed products, renewable energy solutions, tissue culture plants, financial services and other agricultural inputs. Its segments include Hi-tech Agri Input Products division, which include micro and sprinkler irrigation, solar Agri pump, integrated irrigation projects and tissue culture plants; Plastic division, which includes PVC piping products, polyethylene piping products, piping projects and plastic sheets; Agro Processing division, which includes fruits, onion products and biogas, and Other business division, which includes equipment manufacturing, solar thermal products, solar photovoltaic grid and off grid products and also includes solar power generation investments.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Plastic Products - Industrial: 78 companies →Jain Irrigation Systems against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)49.9 against a typical 21.4: pricier than most peers (1st = cheapest).63rd of 76
- Sales growth−2.5% against a typical +14.5% from a year earlier.46th of 66
- Profit growth−263.6% against a typical +15.3% from a year earlier.53rd of 55
- Share price, 3 months−15.9% against a typical −8.7%.45th of 61
- Size₹ 1,706.3 Cr. market value against a typical ₹ 104.4 Cr. (1st = largest).8th of 68
Latest announcements
Exchange filings and their impact on the company.
- Jain signs deal for up to 19,000 tonnes of biochar credits for 2026-2027, a tiny but high-margin new revenue stream.
Jain Irrigation has signed a deal with carbon removal marketplace Supercritical for up to 19,000 tonnes of biochar carbon removal credits from its Jalgaon facility for 2026 and 2027. The plant, running since early 2026, converts food-processing and farm residues into biochar, with syngas reused for fuel and biochar used in its farm businesses. The project is under verification via Puro.earth. At current biochar credit prices this is only around Rs 20-25 crore over two years, so it adds a small new green revenue stream but does not move the needle on near-term sales or profit.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated BB+ by ICRA- ICRA lowered its rating on 6 May 2026.
- ICRA expects things to get worse (negative outlook).
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Withdrawn | Negative | 9 Oct 2026 |
| ICRA | [ICRA]BB+ | Negative | 6 May 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 9 Oct 2026 | Withdrawn | was Crisil BBB- | Medium | CRISIL | ₹ 223.8 Cr. | |
| 6 May 2026 | ▼ Downgrade | [ICRA]BB+ | — | ICRA | ₹ 787.24 Cr. | |
| 28 Oct 2025 | Withdrawn | was Crisil BBB- | — | CRISIL | ₹ 3,744 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 10 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 15 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 4 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 30 Oct 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 2 Sep 2025 | Fund Raising | To consider Fund Raising |
| 26 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,362 | 1,358 | 1,727 | 1,478 | 1,192 | 1,361 | 1,749 | 1,546 | 1,432 | 1,598 | 1,824 | 1,508 |
| Expenses | 1,188 | 1,187 | 1,511 | 1,300 | 1,053 | 1,185 | 1,525 | 1,345 | 1,234 | 1,432 | 1,588 | 1,344 |
| Operating Profit | 173 | 171 | 216 | 178 | 139 | 176 | 223 | 201 | 198 | 166 | 236 | 164 |
| OPM % | 13% | 13% | 12% | 12% | 12% | 13% | 13% | 13% | 14% | 10% | 13% | 11% |
| Other Income | 2 | 7 | −47 | 1 | 12 | 2 | 1 | 2 | 6 | −34 | −16 | 10 |
| Interest | 99 | 108 | 106 | 103 | 105 | 113 | 111 | 114 | 116 | 112 | 117 | 111 |
| Depreciation | 60 | 59 | 65 | 61 | 62 | 63 | 67 | 68 | 70 | 69 | 74 | 74 |
| Profit before tax | 17 | 11 | −3 | 16 | −17 | 1 | 46 | 21 | 18 | −49 | 30 | −10 |
| Tax % | 50% | 21% | 270% | 21% | −21% | 185% | 40% | 47% | 14% | −3% | 164% | 83% |
| Net Profit | 8 | 9 | −11 | 12 | −13 | −1 | 28 | 11 | 15 | −47 | −19 | −18 |
| EPS in Rs | 0.13 | 0.15 | −0.13 | 0.2 | −0.15 | 0.01 | 0.43 | 0.19 | 0.21 | −0.59 | −0.17 | −0.21 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 0%
- 5 Years
- 3%
- 3 Years
- 4%
- TTM
- 9%
- 10 Years
- —
- 5 Years
- 14%
- 3 Years
- —
- TTM
- −177%
- 10 Years
- −10%
- 5 Years
- 1%
- 3 Years
- −22%
- TTM
- —
- 10 Years
- 0%
- 5 Years
- 3%
- 3 Years
- 0%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Jain Irrigation Systems | ₹ 24.35 | ₹ 1,706 Cr. | 49.9x | 0.3x | 0% | — |
| Bharat Forge | ₹ 1,709.60 | ₹ 81,734 Cr. | 89.6x | 10.9x | 11.5% | 6.5% |
| Havells India | ₹ 1,032.00 | ₹ 64,764 Cr. | 44.1x | 7.9x | — | 6.9% |
| Schaeffler India | ₹ 3,468.00 | ₹ 54,379 Cr. | 56.2x | 10.7x | — | 12% |
| Sterlite Technologies | ₹ 829.00 | ₹ 42,603 Cr. | 464.5x | 11.2x | 2.6% | 1.2% |
| R R Kabel | ₹ 2,150.60 | ₹ 26,329 Cr. | 51.2x | 10.1x | 20.8% | 5.1% |
Management
- Ashok Bhavarlal Jain
- Executive Chairman of the Board
- Anil Bhavarlal Jain
- Executive Vice Chairman of the Board, Managing Director
- Bipeen Valame
- Chief Financial Officer
- Avdhut Vasant Ghodgaonkar
- Compliance Officer, Company Secretary
- Ajit Bhavarlal Jain
- Joint Managing Director, Executive Director
- Atul Bhavarlal Jain
- Joint Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.