JISLDVREQSNSEJain Irrigation Systems Limited· Industrial ProductsHighNeutral
Announced Fri, 15 May, 2026 · 12:44 IST

Jain Irrigation Systems Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Results RestatedExceptional ItemResults View source PDFExplain this filing

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Price reactionminutes from the announcement price · days from the prior close
+2.1%Reaction day
₹23.30
prior close
₹23.97
announcement price
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Minutes after the announcementfrom the announcement price
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+2.1
Next day
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AI summary

Jain Irrigation Systems reported consolidated revenue of Rs 6,399.52 crore for FY2026, up 10.7% from Rs 5,779.14 crore in FY2025. Standalone revenue grew 4.8% to Rs 5,703.33 crore. The company posted standalone net profit of Rs 145.78 crore and consolidated net profit of Rs 45.24 crore for the year. Notable items include exceptional charges of Rs 20.72 crore (standalone) and Rs 23.97 crore (consolidated) for statutory impact of new labour codes, Rs 14.91 crore goodwill de-recognition due to subsidiary liquidation, and Rs 15.45 crore plant disruption expenses. Segment information was restated as 'Other Division' was merged into 'Hi-tech Agri Input Products' segment. Auditors issued unmodified and unqualified opinions on both standalone and consolidated results.

Likely market impact

Positive signal with clean audit opinion and revenue growth, though consolidated PAT is significantly lower than standalone due to subsidiary-level charges. The multiple exceptional items and segment restatement may require careful analysis by investors.