JISLDVREQSIndustrials

Jain Irrigation Systems Limited

Plastic Products - Industrial · ISIN IN9175A01010 · BSE 570004 · NSE EQ · FV ₹2
Last price
₹21
-1.44%today
What this company does

Jain Irrigation Systems Limited operates in Plastic Products - Industrial, part of the Industrials sector. It booked ₹1,508 cr of revenue in its latest quarter (Q1 FY27) and kept -1.0% of sales as profit.

In the report:
48out of 100
Equitytale Health Score
Mixed

Healthier than 48% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 129–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
49

At close. Not part of the score.

Profitability & returns14

How much profit it earns on the money it employs

Balance sheet20

How much it owes, and whether earnings cover the interest

Cash quality88

Whether reported profit actually arrives as cash

Growth & consistency24

Whether sales and profit have grown, and how steadily

Valuation99

What today's price implies, against our models or its peers · highest in its sector on what we could measure

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Some things to watch
Strengths
No promoter shares pledged
Watch-outs
! Currently loss-making
! Thin -1.0% net margin
! Low -1.0% return on equity

What if I invest in JISLDVREQS?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹21 -1.44%
latest close · 2026-09-17
1-year return
+13.3%
52-wk low ₹1752-wk high ₹30
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio0.27Below book
Below bookModerateHigh
EV / EBITDA7.7Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-1.0%Loss
WeakFairStrong ▸15%
Return on capital5.4%Weak
WeakFairStrong
Net margin-1.0%Loss
ThinDecentStrong
EBITDA margin11.6%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.65Moderate
LowModerateHigh ▸1
Interest cover0.9×Risky
RiskyOkayStrong ▸5×
Current ratio1.26Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹1,554 cr
Book value
₹80
EPS
₹-0.20
latest quarter
Net debt
₹3,824 cr
owes more than its cash
Enterprise value
₹5,379 cr
EBITDA
₹697 cr
annualised
EBIT
₹402 cr
annualised
Operating margin
6.7%
Return on assets
-0.5%
Earnings yield
P/S
0.26
Sales / share
₹82.2
Tax rate
Face value
₹2
Shares
73.4 cr
Working capital
₹1,187 cr
Current assets
₹5,744 cr
Current liabilities
₹4,558 cr
Delivery %
60.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹13₹14, midpoint ₹14

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,508 cr
Other Income₹10 cr
Total Income₹1,518 cr
Cost of Materials₹926 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-93 cr
Employee Benefit Expense₹208 cr
Finance Costs₹111 cr
Depreciation & Amortisation₹74 cr
Other Expenses₹304 cr
Total Expenses₹1,528 cr
Profit before Tax₹-10 cr
Tax Expense₹8 cr
Share of JV / Associates₹30 L
Net Profit₹-18 cr
Net margin on total income-1.2%
Where the money goes · Q1 FY27
% of total spend
Materials + stock-in-trade₹833 cr54.2%
Employee benefit expense₹208 cr13.5%
Finance costs₹111 cr7.2%
Depreciation & amortisation₹74 cr4.8%
Other expenses₹304 cr19.8%
Tax expense₹8 cr0.5%
Total income ₹1,518 cr

The company made a net loss of ₹18 cr this quarter — income covered only 99 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ2 FY26Q3 FY26Q1 FY27
Revenue1,432 cr1,598 cr1,508 cr
Total income1,438 cr1,603 cr1,518 cr
Expenses1,420 cr1,613 cr1,528 cr
Profit before tax18 cr-49 cr-10 cr
Tax2 cr-1 cr8 cr
Net profit (owners' share)15 cr-42 cr-15 cr
Net margin (owners' share, on revenue)1.1%-2.6%-1.0%
EPS (₹)0.210.57-0.20
YoY (latest quarter): total income -1.9% · net profit
Balance sheet & cash flow · as of Sep 2025
Moderate debt
Total assets
₹11,983 cr
Shareholder equity
₹5,841 cr
parent shareholders
Total debt
₹3,884 cr
Cash
₹60 cr
Cash flow · H1 FY26
Operating
₹193 cr
Investing
₹-191 cr
Financing
₹-31 cr
Peer comparison
Plastic Products - Industrial · by market value
CompanyPriceMarket capP/E
Supreme Industries Limited₹3,344₹42,491 cr37.8
Astral Limited₹1,399₹37,630 cr78.2
Garware Hi-Tech Films Limited₹6,503₹15,105 cr28.5
Finolex Industries Limited₹154₹9,549 cr20.9
Time Technoplast Limited₹175₹8,615 cr18.6
Kingfa Science & Technology (India) Limited₹5,856₹7,935 cr24.7
Prince Pipes And Fittings Limited₹259₹2,860 cr21.2
Apollo Pipes Limited₹526₹2,316 cr
Jain Irrigation Systems Limited₹30₹2,216 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹1
ex 12 Sep 2019
ActionDetailEx-date
Dividend₹1 / share12 Sep 2019
Dividend₹1 / share12 Sep 2018
Dividend₹0.75 / share14 Sep 2017
Dividend₹0.5 / share15 Sep 2016
Dividend₹0.5 / share10 Sep 2015
Dividend₹0.5 / share11 Sep 2014
Who owns it · 2026-06-30
No pledge
Promoter
30.4%
FII / Foreign
0.0%
DII / Domestic
0.3%
Retail / others
69.3%
Smart-money activity
Bulk / block deals
SoldRAJENDRA SURINDER ARORA · NSE99,000 @ ₹21.884 Sep 26
BoughtORION STOCKS LTD · NSE98,788 @ ₹20.993 Sep 26
SoldORION STOCKS LTD · NSE73,412 @ ₹21.333 Sep 26
Stake changes
BoughtStock and Securities India Private Limited, Jalgaon · promoter→ 26.93% · 1.63 cr22 May 25
SoldShantakaram Financial Advisory Services Private Limited→ 3.91% · 36.38 L19 May 25
SoldPledge of Equity Shares of with Catalyst Trusteeship Ltd acting as Debenture Trustee on behalf of Debenture Holders→ 4.62% · 1.77 cr25 Mar 25
Promoter pledges
PledgedIDBI Trusteeship Services Limited as Security Trustee of SBI (Lead Bank)1.73 cr · 0.00% held17 Mar 22
PledgedIDBI Trusteeship Services Ltd. As security Trustee of SBI (Lead bank)1.73 cr · 0.00% held17 Mar 22
ReleasedIFCI Ltd4.65 L · 2.41% held30 Nov 16
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 10 Aug 2026
See the official result
1
To receive, consider, adopt and approve the Audited Financial Statements for the year ended 31st March, 2026
Backed by 100% of shareholders other than promotersneeded 50%
4.85 cr votes for, 40,988 against · 0% of mutual funds and other big investors said no
2
To appoint a Director in place of Shri Ajit B. Jain (DIN: 00053299), who retires by rotation in terms of Section 152 (6) of the Companies Act 2013, and being eligible offers himself for reappointment as Director, subject to retirement by rotation.
Promoters had a personal stake in this
Backed by 93% of shareholders other than promotersneeded 50%
4.52 cr votes for, 34.11 L against · 30% of mutual funds and other big investors said no
3
Ratification of Remuneration of Cost Auditor for Financial Year ending 31st March, 2026.
Backed by 100% of shareholders other than promotersneeded 50%
4.86 cr votes for, 66,587 against · 0% of mutual funds and other big investors said no
4
Appointment and Remuneration to Mr. Athang Anil Jain for an Office or Place of Profit in the Company under Section 188(1)(f) of the Companies Act, 2013.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
4.86 cr votes for, 79,729 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 19 named members
owning 30.4% between them · as of 2026-06-30
Jalgaon Investments Private Ltd25.03%
Ajit Bhavarlal Jain2.59%
Jyoti Ashok Jain0.88%
Ashok Bhavarlal Jain0.65%
Nisha Anil Jain0.40%
Atul Bhavarlal Jain0.22%
Anil Bhavarlal Jain0.20%
Shobhana Ajit Jain0.12%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.