Press Release Q4/FY2026

Exceptional ItemPat NegativeEbitda Margin ExpansionRevenue Growth 20pctResults View source PDF Explain this filing

JISLJALEQS · price

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

Price reactionminutes from the announcement price · days from the prior close

-7.6%Reaction day

₹33.55

prior close

₹32.12

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%-7.2% vs market

Plastic Products - Industrial peers, median of 37sector-0.2%-7.4% vs sector

On the reaction day the stock moved 7.2 pts less than Nifty Microcap 250 and 7.4 pts less than its Plastic Products - Industrial peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

-0.7

15m

-0.6

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-7.6-0.4-7.2-0.2-7.4

Next day

-11.1-1.7-9.4-1.5-9.7

-11.3-1.3-10.0-1.5-9.8

-13.0-0.7-12.3-0.2-12.8

-13.6+0.4-14.0-0.3-13.3

-11.4+0.5-11.9+0.9-12.4

-9.8+2.8-12.6-0.3-9.6

15d

-8.9+1.2-10.1-2.2-6.7

-6.1+5.3-11.4-1.0-5.1

-7.0+9.9-16.9-1.4-5.6

-17.0+13.1-30.1+3.0-20.0

UpDownMarket · Nifty Microcap 250Sector · Plastic Products - Industrial peers, median of 37Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Jain Irrigation Systems reported consolidated revenue of ₹1,824 crs in Q4FY26 (+4.3% YoY) and ₹6,399.5 crs for the full year (+10.7%). EBITDA grew 12.8% to ₹809 crs with margins expanding 24 bps to 12.6%. However, reported consolidated PAT turned deeply negative at -₹40 crs for FY26 versus +₹25.7 crs in FY25, a -255.7% decline, driven by exceptional items, deferred tax re-measurement impact, and unwinding of finance costs on 0.01% NCDs. Adjusted PAT (excluding these items) was ₹133.1 crs, up 36% YoY, showing underlying profitability improvement. Cash generation was strong with operating cash flow of ₹619 crs (76% of EBITDA). The company flagged risks from rising polymer prices, global geopolitical uncertainties, and a below-normal monsoon forecast for 2026.

Likely market impact

The underlying business is performing well with double-digit revenue growth and margin expansion, but large exceptional/non-cash charges pushed reported PAT deeply negative, which may concern investors focused on headline earnings. The strong operating cash flow and improved working capital management are positives.