Jain Irrigation Systems Limited has informed the Exchange about Transcript
JISLJALEQS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jain Irrigation reported Q4 FY26 revenue of INR 1,800 crores (up 4.3% YoY) with EBITDA growth of 7% and overall margins improving to 13.2% from 12.8%. The Hi-Tech division (drip irrigation) performed exceptionally with 8% revenue growth and 22% EBITDA improvement, while the Food business crossed INR 2,000 crores for the full year. The company faced an unprecedented raw material price shock in March with PVC prices surging 50% and polyethylene 60% within 20 days, causing farmers to postpone purchases and missing INR 200-250 crores in expected revenue. Full year FY26 operating cash flow was approximately INR 600 crores. Management guided that FY27 will be a critical year for debt repayment (due September and March) but expressed confidence in meeting obligations through internal accruals of INR 750-800 crores, government receivables of INR 450 crores, and a land sale in Tamil Nadu.
The company is in a stabilization phase after a severe raw material shock, but improved margins in core Hi-Tech business and new beverage lines provide growth visibility. The focus on cash generation to service debt due this fiscal year is critical for shareholders.