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.
Awaiting price reaction for this filing.
Jain Irrigation Systems shared its Q4 FY25 earnings call transcript. Q4 consolidated revenue rose 1.3% YoY to ~INR1,750 crores, with EBITDA up 3% to ~INR225 crores and profit at INR28 crores versus a loss last year. The Hi-tech division (micro irrigation + tissue culture) grew 16.8% with EBITDA margins expanding from 13.4% to 18.7%, while Agro Processing grew 14.6%. For full-year FY25, revenue was ~INR5,800 crores (down 6%) and EBITDA ~INR717 crores (down 9%), but the company generated INR842 crores in operating cash flow and cut debt by INR257 crores to ~INR3,500 crores. Exports grew 43% in Q4. Management guided for high-teens (~18%+) revenue growth and 23-24% EBITDA growth in FY26, with debt reduction of at least INR400 crores, targeting net debt of ~INR3,000-3,100 crores and a debt-to-EBITDA ratio below 2x by FY27/28.
Positive for shareholders — clear deleveraging path, strong cash flow generation, and visible margin expansion plan. Concerns remain around government receivables (INR750-800 crores in EPC projects) and the company's past track record of missing targets, which investors should monitor in coming quarters.