Jain Irrigation Systems
NSE: JISLJALEQS · Plastic Products - Industrial · sector
₹23.18NSE close 2026-10-26
Key numbers
Market cap₹1,701 cr
Price₹23.18
52w high / low₹56 / ₹23
P/E56.5xSector median 15.7x
P/B0.3xSector median 1.6x
Book value₹79.7
Dividend yield–Sector median 0.53%
ROE-0.9%Sector median 9.1%
ROCE4.5%Sector median 11.5%
OPM11.2%Sector median 10.0%
Debt / equity0.69xSector median 0.16x
EV/EBITDA7.9xSector median 10.0x
Interest cover1.0x
Current ratio1.16x
Sales growth 3y+3.6%Sector median +6.0%
Profit growth 3y–Sector median +18.9%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 51 companies in Plastic Products - Industrial (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹153 cr vs borrowings ₹4,062 cr (FY26): borrowings are higher by ₹3,909 cr.
- Operating profit covered interest 1.0x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 4 years (FY23).
- Net loss in 4 of the last 8 quarters.
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- No dividend in the last 5 financial years.
- Price ₹23.18 on 2026-10-26: -58.5% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹76.58 · low ₹23.18
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,192 | 1,361 | 1,749 | 1,546 | 1,432 | 1,598 | 1,824 | 1,508 |
| EBITDA | 141 | 176 | 223 | 202 | 198 | 127 | 220 | 164 |
| OPM % | 11.8% | 12.9% | 12.8% | 13.1% | 13.8% | 8.0% | 12.1% | 10.9% |
| Other income | 9 | 2 | 1 | 2 | 6 | 5 | 1 | 10 |
| Net profit | -10 | 1 | 29 | 14 | 15 | -42 | -12 | -15 |
| EPS (₹) | -0.14 | 0.01 | 0.42 | 0.20 | 0.21 | 0.57 | -0.17 | -0.20 |
| Revenue YoY | +20.2% | +17.4% | +4.3% | -2.4% | ||||
| Profit YoY | – | -4,506.3% | -141.5% | -207.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY21 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 5,667 | 5,748 | 6,147 | 5,779 | 6,400 | 6,362 |
| EBITDA | 351 | 656 | 784 | 719 | 746 | 709 |
| Net profit | -449 | 828 | 45 | 34 | -25 | -53 |
| EPS (₹) | -7.67 | 13.33 | 0.67 | 0.49 | -0.34 | 0.41 |
| Revenue growth | +1.4% | +7.0% | -6.0% | +10.7% | +8.8% | |
| Profit growth | – | -94.5% | -25.9% | -173.4% | -257.8% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +3.6% | – | +8.8% |
| Net profit | – | – | -257.8% |
| EPS | – | – | – |
| Share price | – | -35.3% (2y) | -50.6% |
Balance sheet
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Shareholders' equity | 5,181 | 5,442 | 5,620 | 5,850 |
| Borrowings | 3,908 | 3,954 | 3,773 | 4,062 |
| Cash & equivalents | 141 | 108 | 101 | 153 |
| Total assets | 11,003 | 11,198 | 11,449 | 12,155 |
| Fixed assets | 3,885 | 3,925 | 3,936 | 4,148 |
| Capital work in progress | 32 | 26 | 44 | 59 |
| Investments | 1,143 | 1,190 | 1,222 | 1,294 |
| Receivables | 2,187 | 2,221 | 2,122 | 2,274 |
| Inventory | 1,906 | 1,971 | 2,009 | 1,882 |
| Payables | 997 | 853 | 956 | 885 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Cash from operations | 45 | 535 | 847 | 619 |
| Cash from investing | 3,138 | -315 | -229 | -414 |
| Cash from financing | -3,365 | -250 | -621 | -171 |
| Capex | 160 | 228 | 245 | 354 |
| Free cash flow | -115 | 307 | 601 | 265 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ROE % | 16.0% | 0.8% | 0.6% | -0.4% |
| ROCE % | 4.8% | 5.8% | 5.1% | 4.8% |
| Debtor days | 139 | 132 | 134 | 130 |
| Inventory days | 203 | 205 | 220 | 190 |
| Payable days | 106 | 89 | 105 | 89 |
| Cash conversion cycle (days) | 236 | 248 | 249 | 231 |
| Working capital days | 73 | 86 | 81 | 46 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 26.68% |
| FIIs | 2.13% |
| DIIs | 8.66% |
| of which Mutual funds | 0.00% |
| of which Insurance | 0.00% |
| Government | 0.07% |
| Public (non-institutions) | 62.41% |
| Quarter | May 2025 | May 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 24.97% | 26.68% | 26.68% | 26.68% | 26.68% | 26.68% | 26.68% | 26.68% |
| Promoter group | % |
|---|---|
| Jalgaon Investments Private Limited | 17.05% |
| Cosmos Investments & Trading Pvt. Ltd | 4.50% |
| Stock & Securities India Pvt.Ltd. | 2.28% |
| JAF Products Pvt. Ltd. | 1.97% |
| Ajit Bhavarlal Jain | 0.21% |
| Jain Ashok Bhavarlal | 0.14% |
| Atul Bhavarlal Jain | 0.12% |
| Anil Bhavarlal Jain | 0.11% |
| Jyoti Ashok Jain | 0.07% |
| Shobhana Ajit Jain | 0.07% |
| Arohi Ashok Jain | 0.04% |
| Amoli Anil Jain | 0.04% |
| Athang Anil Jain | 0.02% |
| Ashuli Anil Jain | 0.02% |
| Athman Ashok Jain | 0.01% |
| Public holders above 1% | % |
|---|---|
| Mandala Rose Co-Investment Limited | 5.07% |
| Shantakaram Financial Advisory Services Private Limited | 2.90% |
| State Bank Of India | 2.81% |
| Alpha Alternatives Structured Credit Opportunities Fund | 1.98% |
| Vara Future LLP | 1.18% |
| Canara Bank | 1.07% |
| VPR Enterprises LLP | 1.05% |
1,93,681 shareholders. Pledged: 0.00% of promoter shares.
Peers in Plastic Products - Industrial
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SUPREMEIND | ₹41,291 cr | 40.0x | 6.7x | 17.4% | 19.6% | 14.4% | +6.8% | 1.07% |
| ASTRAL | ₹36,288 cr | 63.0x | 8.9x | 15.0% | 20.0% | 16.0% | +8.4% | 0.28% |
| GRWRHITECH | ₹16,208 cr | 38.0x | 5.6x | 15.7% | 19.8% | 22.9% | +13.8% | 0.17% |
| KINGFA | ₹8,901 cr | 39.4x | 6.4x | 21.2% | 21.9% | 14.2% | +12.4% | 0.00% |
| FINPIPE | ₹8,775 cr | 14.2x | 1.4x | 10.0% | 12.1% | 17.5% | -2.2% | 2.53% |
| TIMETECHNO | ₹7,839 cr | 15.4x | 1.9x | 14.0% | 15.7% | 14.3% | +12.5% | 0.75% |
| PRINCEPIPE | ₹2,805 cr | 27.5x | 1.7x | 6.3% | 8.1% | 10.2% | -1.4% | 0.20% |
| JISLJALEQS | ₹1,701 cr | 56.5x | 0.3x | -0.9% | 4.5% | 11.2% | +3.6% | – |
| JAICORPLTD | ₹1,545 cr | 16.5x | 1.0x | 6.4% | 8.2% | 12.7% | -4.7% | 6.25% |
| APOLLOPIPE | ₹1,520 cr | – | 1.9x | -1.5% | -0.1% | 4.3% | +6.5% | 0.21% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Hi-tech Agri Input Products | ₹2,343 cr | 36.6% | ₹263 cr | 11.2% |
| Agro Processing Division | ₹2,062 cr | 32.2% | ₹103 cr | 5.0% |
| Plastic Division | ₹1,995 cr | 31.2% | ₹142 cr | 7.1% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-08-02 | Other | Annual General Meeting |
| 2023-08-31 | Other | Annual General Meeting |
| 2022-09-15 | Other | Annual General Meeting |
| 2021-09-16 | Other | Annual General Meeting |
| 2020-12-17 | Other | Annual General Meeting |
| 2019-09-12 | Dividend | Annual General Meeting/Dividend - Rs 1 Per Share |
| 2018-09-12 | Dividend | Annual General Meeting/Dividend- Re 1 Per Share |
| 2017-09-14 | Dividend | Annual General Meeting/Dividend - Re 0.75 Per Share |
| 2016-09-15 | Dividend | Annual General Meeting/Dividend - Re 0.50 Per Share |
| 2015-09-10 | Dividend | Annual General Meeting/Dividend-Re 0.50/- Per Share |
| 2014-09-11 | Dividend | Annual General Meeting / Dividend - Re 0.50/- Per Share |
| 2013-09-12 | Dividend | Annual General Meeting And Dividend Re.0.50 Per Share |
| 2012-09-06 | Dividend | Annual General Meeting/Dividend Re 1 Per Share |
| 2011-11-08 | Other | Bon 1 Dvr : 20 Eq Shares |
| 2011-09-15 | Dividend | Annual General Meeting / Dividend - Re.1 Per Share |
| 2010-10-29 | Split | Face Value Split From Rs.10/- To Rs.2/- |
| 2010-09-16 | Dividend | Annual General Meeting And Dividend Rs.4.50 Per Share |
| 2009-09-10 | Other | Agm/Div-Rs.2.50 Per Share |
| 2008-09-11 | Dividend | Agm/Dividend - 22% |
| 2007-09-13 | Other | Agm/Div-Rs.2/- Per Sh |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Hi-Tech Agri Inputs Division: Micro Irrigation Systems
- Spice Processing: Spice
- Food Processing: Beverages
- Hi-Tech Agri Inputs Division: Tissue Culture Plants
- Plastic Division: PVC pipe
- Plastic Division: PE Pipe
- Plastic Division: PVC Sheet
- Other: Solar
- Other: Other
- Onion Processing: Dehydrated Onion
- Fruit Processing: Fruit puree
| Sector | Industrials |
| Industry | Plastic Products - Industrial |
| Sub-industry | Plastic Products - Industrial |
| Symbol | JISLJALEQS |
| BSE code | 500219 |
| ISIN | INE175A01038 |
| Face value | ₹2.0 |
| Incorporated | 1986-12-30 |
| Website | www.jains.com |
| Plants (India / abroad) | 14 / 10 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.