Jain Irrigation Systems Ltd

About Jain Irrigation Systems Ltd

Jain Irrigation Systems Ltd (JISL) is a diversified Indian multinational engaged in manufacturing micro-irrigation systems, PVC and HDPE pipes, plastic sheets, and processed fruits and vegetables. A pioneer in integrated agri-solutions, JISL focuses on water management, agricultural productivity, and infrastructure applications, catering to global agricultural and industrial sectors.

Key Financial Ratios of Jain Irrigation Systems Ltd

• P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Jain Irrigation Systems Ltd's P/E ratio (TTM) is 82.56, compared to the industry median of 20.87 and large cap median of 19.21.

• P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Jain Irrigation Systems Ltd's P/B ratio is 0.34, compared to the industry median of 1.50 and large cap median of 1.46.

• P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Jain Irrigation Systems Ltd's P/S ratio is 0.31, compared to the industry median of 1.27 and large cap median of 1.24.

• PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Jain Irrigation Systems Ltd's PEG ratio is N/A.

• EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Jain Irrigation Systems Ltd's EV/EBITDA ratio is 3.89.

• Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Jain Irrigation Systems Ltd's ROE is -0.68%.

• Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Jain Irrigation Systems Ltd's ROA is 6.59%.

• Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Jain Irrigation Systems Ltd's ROCE is 5%.

• Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Jain Irrigation Systems Ltd's operating margin is 12.52%.

• Net Margin: Net margin shows what percentage of revenue converts into final net profit. Jain Irrigation Systems Ltd's net margin is -0.62%.

• Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Jain Irrigation Systems Ltd's current ratio is 1.18.

• Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Jain Irrigation Systems Ltd's debt-to-equity ratio is 0.19.

• Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Jain Irrigation Systems Ltd's interest coverage ratio is 1.04.

• Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Jain Irrigation Systems Ltd's DPS is ₹0.

• Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Jain Irrigation Systems Ltd's EPS is -168.

(Source line: "Ratios as of 01 Sept 2026, based on last traded price of ₹28.07. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")

Key Facts

• Founded: 1986 (with roots tracing to 1963)

• Headquarters: Jalgaon, Maharashtra

• Core Offerings: Micro Irrigation Systems, PVC & HDPE Pipes, Plastic Sheets, Processed Fruits & Vegetables, Tissue Culture Plants

• Stock Listing: NSE (JISLJALEQS), BSE (500219)

• Promoter: Jain Family / Jain Group

History of Jain Irrigation Systems Ltd

The Jain Group's journey began in 1963 with the establishment of Jain Plastic and Chemicals, initially producing PVC pipes. Jain Irrigation Systems Ltd was incorporated in 1986, pioneering micro-irrigation systems in India by the early 1990s. The company went public in 1995, expanding its product portfolio globally to include food processing and other plastic products. Over the past decade, JISL faced significant financial challenges, leading to a comprehensive debt restructuring and demerger of certain businesses approved by NCLT between 2021-2023, aimed at improving financial health.

Business Segments and Revenue Mix

• Hi-Tech Agri Input Division: Focuses on manufacturing and distribution of micro-irrigation systems (drip and sprinkler), sprinklers, drip laterals, and other agri-inputs like tissue culture plants. Aims to enhance water use efficiency and agricultural productivity.

• Plastic Division: Produces a comprehensive range of plastic products, including PVC pipes, HDPE pipes, PE pipes, plastic sheets, and films primarily for agricultural, industrial, and infrastructure applications.

Key Personnel

Anil B. Jain - Vice Chairman & Managing Director. With over 30 years of experience, he leads the company's strategic direction and global operations. Ashok B. Jain - Chairman. Co-founder and instrumental in establishing the group's presence in the PVC pipe industry.

Subsidiaries and Associate Companies

• Jain FarmFresh Foods Limited (JISL holds a significant stake, primarily engaged in processed food products).

• Jain International Trading B.V. (Netherlands-based subsidiary for global marketing and distribution).

• Jain America Inc. (Oversees North American operations and market development).

Corporate Actions

Significant debt restructuring completed in FY22-23 through an NCLT-approved resolution plan, involving conversion of debt into equity/NCDs and demerger of certain businesses. The company also undertook a Rights Issue in 2021.

References

1. Annual Report 2022-23
2. Exchange Filings (NSE/BSE)
3. Investor Presentations