Jain Irrigation Systems Ltd.
Snapshot View

39.10 +2.05 ▲5.5%

20 May 2022, 04:01:00 PM
Volume: 412,380

Overview View Details

Sector Plastic Products Compare with Sector peers
Industry Plastic Products Compare with Industry peers
Website http://www.jains.com
Market Cap 2,314.12 Cr.
Enterprise Value(EV) 8,885.68 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 1.62 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 24.10 Trailing Twelve Months Ending 2021-12
Industry PE 21.64 Trailing Twelve Months Ending 2021-12
Book Value / Share 52.63 Trailing Twelve Months Ending 2021-12
Price to Book Value 0.74 Calculated using Price: 39.10
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 59.26 Cr. 592,604,061 Shares
FaceValue 2
Company Profile

Jain Irrigation Systems (JISL) was incorporated in 1986. JISL is engaged into manufacturing of drip and sprinkler irrigation systems and components. The company started with seed capital of Rs.7000.

Its client base includes Indian and Overseas companies like Aditya Birla, Bharti, BSNL, Coca-Cola, Hindustan Levers, HFCL, Hutch, IGL, IVRCL, Larsen & Toubro, Mahanagar Gas, Nestle, Power Grid, Ramky, Reliance, Tata, Alcatel, Coca-Cola, Heinz, Friesland Foods, Mitsui & Co, Taiyo, Unidelta, Vink, Worlee etc.

During November 2010, Jam Irrigation Systems has entered into an agreement to acquire controlling stake in Sleaford Quality Foods (SQFL), a UK based industrial Food Ingredients Supplier. The company has acquired 80% stake in Sleaford Quality Foods, UK.

During February 2011, the company had inaugurated a micro-irrigation unit in Bhavnagar, Gujarat which is company’s second plant in Gujarat. This state of the art facility is to cater to the growing demand for micro irrigation systems and piping systems in Gujarat.

In May 2011, Jain Irrigation had signed a memorandum of understanding with the Rwandan Government in Africa for developing irrigation solutions for local farmers and has already started work on one project.

In 2014 Union Bank entered atie up with Jain Irrigation to fund farmers. Dena Bank Enters into A National Level TIE-UP With Jain Irrigation.Products and Services

It manufactures wide range of products such as drip irrigation systems, sprinkler irrigation systems, valves, water filters, green houses, bio fertilizers, onion and vegetable dehydration, PVC pipes and fittings, PVC sheets, PC sheets, solar water heating systems, agricultural and engineering consultancy and many more.

It offers a wide range of products and services to various segments such as small farmer, urban household, mining industry, plant tissue culture, chemical industry, sugar factories, oil and gas exploration, green houses, waste land development, farm production & management, fruit and vegetable processing and many more.

Recognition

2017- Jain Irrigation conferred with Golden Trophy award by ‘APEDA’
-Jain Irrigation Bags India’s largest, Rs 569 Cr Poorigali Integrated Micro Irrigtion Project ''Resource - To - Root™'', A Path–Breaking Concept To Deliver ''MORE CROP PER DROP®

2016-Jain Irrigation Receives Order worth Rs 1,890.2 Million for Development of Micro Irrigation Systems Network
- Jain Irrigation Systems Ltd. and Tata Trusts signed MoU.
- NaanDanJain Irrigation inked a pact worth 18.7 million Euros with Ministry of Agriculture and National Development, Eritrea for supply of Solar Powered Drip Irrigation Systems.
- A research project in University of Nebraska (USA) is named after Bhavarlal Jain
- JISL and its Food Subsidiary JFFFL, raises US$ 120 Million ( Rs 8046 Million ) through Equity Issuance.
- Jain Irrigation signs MoU with Maha Govt in Mumbai
- Jain Irrigation Bags Orders Worth INR 2,844.3 Millions under AMRUT Scheme for Hi-Tech 24x7 City Water Supply Project

2015 - Jain Irrigation receives National Award for Best Innovation
- Jain Irrigation bags order to supply solar agri-pumps
- Jain Irrigation wins largest ever Solar Agri Pump tenders for Rs 473 Crores
- Jain Irrigation Awarded Rs 220 Crs. Water Project in Africa.
- Winning Worlds largest Solar Pump order for Rs.473 crores from Government of Maharashtra to be executed in next 12 months.
- Signing 3 year Contract with Hindusthan Coca-Cola for approx Rs.750 crores to supply Mango Pulp.
- The Water for Food Institute & Jain Irrigation launch joint research & education program
- Jain Irrigation Systems Limited (Jisl) And Massachusetts Institute Of Technology (Mit) Usa Team Wins Prestigious Desal Prize

2014- Jain Irrigation Receives ''Best Innovation Award''
- jain Irrigation Signs Mou With Horticulture Innovation Australia Ltd., (Hia) And Department Of Agriculture, Forest And Fisheries , AUSTRALIA (DAFF).
- Jain Irrigation’s Onion and Vegetable Dehydration Division Bags 2014 CII National Award for Food Safety
- Jain Irrigation wins APEDA Golden Trophy for outstanding export performance
- FT/IFC Tranformational Business Awards 2014
- Coca-Cola and Jain Irrigation to invest Rs 50 crore in Project Unnati Phase 2
- Dena Bank Enters into A National Level TIE-UP With Jain Irrigation
- JAIN IRRIGATION bags GAIL’s BEST CUSTOMER AWARD
- First AC Solar Pump installed in TN by Jain irrigation systems
- Jain Irrigation won the ABP News Global CSR Excellence and Leadership Award in the category ''Accounting for Climate Change''
- Jain Irrigation signs MoU with TERI
- Jain Irrigation bags the EEPC India 2012-13 ''Star Performer'' Award for outstanding export performance
- CNBC Asia India Corporate Responsibility 2013 Award for Jain Irrigation
- Union Bank, Jain Irrigation tie up to fund farmers

2013- World’s Largest Integrated Micro Irrigation Project Awarded To Jain Irrigation Systems Limited (Jisl)
- FITCH (India Ratings) Upgrades Jain Irrigation to Investment grade again
- Farms and Farmers Institute rewarded by Jain Incid Krishi Sinchan Award
- Jain Irrigation–R&D Biogas work published in International Journals
- Business Standard - CSR Award.
- FMB (Managing Globalisation of the family business) Award. -Award of Excellent.

It was honoured as Top Exporter of Drip Irrigation Systems 2006 at 'PLEX-CONCIL' Awards.

It received 'APEDA Export Award” for its Significant Contributions in Quality and Exports of Agriculture and Processed Food Products-2006. For its contribution in Innovation in Banana Tissue Culture and High TSS Onion it has received Golden Peacock Award for Innovative Products/Services.

Jain Irrigation Systems has bagged the first rank in the Maharashtra State Vanashree Award for the year 2007 given by the Rural Development and Water Conservation and Social Forestry Department of Government of Maharashtra.

APEDA (Agricultural and Processed Food Products Export Development Authority), Ministry Of Commerce and Industry, Government of India has awarded Jain Irrigation Systems with its prestigious Golden Award. The company was awarded for impressive performance in exports of processed fruits and vegetables area, for 2009-2010.

Jain Irrigation Systems has won the FT (Financial Times) ArcelorMittal Environment Award for 2011 for its contribution to the agriculture sector in India.

CNBC Asia India Corporate Responsibility 2013 Award for Jain Irrigation. Jain Irrigation bags the EEPC India 2012–13 ''Star Performer'' Award for outstanding export performanceJain Irrigation won the ABP News Global CSR Excellence and Leadership Award in the category ''Accounting for Climate Change.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+5.53%
1 Week
+17.07%
1 Month
-12.82%
3 Month
-1.39%
6 Month
-3.81%
1 Year
+76.92%
2 Year
+456.19%
5 Year
-57.87%
10 Year
-48.48%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 0.23 -1.84 2.53 1.47 4.23 5.12 5.72 -18.29 -12.61
Return on Capital Employed (%) 8.64 6.25 7.93 7.62 8.55 9.11 9.58 -3.29 1.22
Return on Assets (%) 0.06 -0.50 0.67 0.48 1.61 1.88 2.01 -5.60 -3.19

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 2,168 2,176 2,140 4,064 4,158 4,351 4,413 3,471 2,968 3,058
Non Curr. Liab. 1,537 1,552 1,726 2,064 2,686 3,103 3,406 3,099 2,576 2,714
Curr. Liab. 4,023 4,345 4,378 4,386 4,054 4,567 4,798 6,305 6,789 6,857
Minority Int. 20 103 109 130 141 143 113 116
Equity & Liab. 7,728 8,093 8,244 10,617 11,007 12,152 12,758 13,018 12,445 12,745
Non Curr. Assets 3,083 3,285 3,315 5,237 5,227 5,762 6,135 6,558 6,099 6,093
Curr. Assets 4,645 4,808 4,929 5,380 5,780 6,390 6,623 6,460 6,346 6,652
Misc. Exp. not W/O
Total Assets 7,728 8,093 8,244 10,617 11,007 12,152 12,758 13,018 12,445 12,745

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 5,022 5,828 6,153 6,322 6,770 7,843 8,577 5,923 5,667 6,830
Other Income 67 46 41 33 61 161 271 73 146 156
Total Income 5,088 5,874 6,194 6,356 6,831 8,004 8,848 5,996 5,813 6,986
Total Expenditure -4,296 -5,058 -5,373 -5,504 -5,830 -6,891 -7,651 -5,979 -5,340 -6,128
PBIDT 792 816 820 852 1,001 1,113 1,197 17 473 858
Interest -486 -468 -469 -491 -459 -479 -514 -692 -746 -747
Depreciation -170 -205 -244 -297 -301 -339 -313 -347 -351 -333
Taxation -8 46 24 -18 -67 -78 -120 301 218 71
Exceptional Items -125 -230 -76 272
PAT 5 -40 55 45 174 218 250 -721 -406 121
Minority Interest -1 0 0 -7 -2 -15 4 7 -3
Share Associate -1 1 3 2 4 4 2 3 -7
Other Related Items
Consolidated Net Profit 3 -40 55 48 169 219 239 -715 -396 96
Adjusted EPS 0 -1 1 1 4 4 5 -14 -8 2

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 85 428 574 660 440 674 1,313 156 -675 270
Cash Fr. Inv. -534 -342 -292 -228 -275 -417 -1,060 -346 -258 303
Cash Fr. Finan. 366 -183 -320 -325 -89 -520 -167 110 1,046 -406
Net Change -83 -97 -38 107 76 -263 86 -80 113 167
Cash & Cash Eqvt 330 232 194 301 374 111 197 117 230 403

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 28.64 28.64 28.64 28.64 28.64 28.64 28.64 28.64 26.91
Public 71.36 71.35 71.36 71.35 71.36 71.36 71.35 71.36 73.09
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 49.95 49.95 49.95 49.95 49.95 49.95 49.95 49.95 55.37

Announcements View Details

Fri, 29 Apr 2022
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompayJAIN IRRIGATION SYSTEMS LTD.
2CINL29120MH1986PLC042028
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 3233.80
4Highest Credit Rating during the previous FY RP4
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CRISIL LTD.
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. YES



Name of the Company Secretary: A V Ghodgaonkar
Designation: Company Secretary
EmailId: ghodgaonkar.avdhut@jains.com
Name of the Chief Financial Officer: Atul B Jain
Designation: Joint Managing Director and Chief Financial Officer
EmailId: atul@jains.com

Date: 29/04/2022

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Tue, 19 Apr 2022
Compliances - Compliance Certificate For The Year Ended 31St March 2022.
Compliance Certificate -Regulation 7 (3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 for the year ended 31st March 2022.
Tue, 19 Apr 2022
Yearly Certificate Under Regulation 40(9) And 40(10) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015-Ordinary Equity Shares
Yearly certificate under Regulation 40(9) and 40(10) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015-Ordinary Equity Shares

Technical Scans View Details

Fri, 20 May 2022
Close Crossing Last Week High Close Crossing Last Week High
Opening at Low Opening at Low
Closing Above Previous High Closing Above Previous High
High Decrease 1 Month High Decrease 1 Month
High Increase 1 Year High Increase 1 Year

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