JISLJALEQSNSEJain Irrigation Systems Limited· Plastic And Plastic ProductsHighNeutral
Announced Fri, 15 May · 12:50 IST

Jain Irrigation Systems Limited has informed the Exchange about Investor Communication Q4/FY26

Revenue Growth 20pctPat Growth 25pctEbitda Margin ExpansionExceptional ItemResults View source PDF

JISLJALEQS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-11.1%1-day move
₹33.55
prior close
₹32.59
base price
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AI summary

Jain Irrigation Systems reported consolidated revenue of ₹6,399.5 crs for FY26, up 10.7% YoY, with EBITDA of ₹808.9 crs growing 12.8% YoY. Adjusted PAT grew 36% to ₹133.1 crs, though reported PAT fell to ₹25.7 crs due to ₹55.3 crs in exceptional items (new Labour Codes impact, goodwill write-off, plant shutdown costs) and a ₹34.1 cr deferred tax charge from switching to the concessional tax regime. The Hi-Tech Agri division was the standout performer with 20.5% revenue growth and 26.2% EBITDA growth, while the Plastic division grew only 2.4% and Agro Processing grew 9.3%. Cash generation was strong at ₹619 crs operating cash flow (76% of EBITDA) for FY26, and the working capital cycle improved by 15 days YoY to 186 days. On a standalone basis, the company fully repaid all RTL and FITL obligations by March 31, 2026.

Likely market impact

Strong double-digit growth in Hi-Tech Agri drove overall performance, with robust cash generation and improved working capital. However, exceptional items and deferred tax charges significantly compressed reported PAT, suggesting careful attention to adjusted metrics is needed when evaluating profitability.