Jain Irrigation Systems Limited
Jain Irrigation Systems Limited, established in 1986 was founded by Mr. Bhavar Lal Jain. Over the years, the company has diversified into various segments of agri-business value chain and has presence in (a) micro irrigation systems (MIS) which manuf...
Key Metrics
EPS
0.66
Current ratio
1.36
Debt/Equity
0.84
Debt/EBITDA
6.31
Interest coverage ratio
1.19
Operating Cashflow to total debt
0.11
Financials
Pros & Cons
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Here's what we like about this company and potential risks we have identified.
Pros
Stock is trading at 0.90 times its book value
Cons
Though the company is reporting repeated profits, it is not paying out dividend
Company has low interest coverage ratio.
The company has delivered a poor sales growth of -6.55% over past five years.
Promoter holding is low: 26.0%
Company has a low return on equity of 5.52% over last 3 years.
Promoters have pledged 58.9% of their holding.
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About Jain Irrigation Systems Limited bond.
This comprehensive profile covers key factual information about Jain Irrigation Systems Limited. Jain Irrigation Systems Limited, established in 1986 was founded by Mr. Bhavar Lal Jain. Over the years, the company has diversified into various segments of agri-business value chain and has presence in (a) micro irrigation systems (MIS) which manufactures range of precision-irrigation products and also provides services like soil survey, engineering design and other solutions; (b) plastic segment comprising of manufacturing of polyvinyl chloride (PVC) pipes, high-density polyethylene (HDPE) pipes,and plastic sheets and (c) other products like tissue culture plants, solar productsand other agricultural inputs. The company also has presence in agro- processing segment through a domestic subsidiary. EPS in Mar-2024 was 0.66. Current ratio in Mar-2024 was 1.36. Debt/Equity in Mar-2024 was 0.84. Debt/EBITDA in Mar-2024 was 6.31. Interest coverage ratio in Mar-2024 was 1.19. Operating Cashflow to total debt in Mar-2024 was 0.11. Total revenue for Mar-2025(E) was ₹7,615.17. Net income for Mar-2025(E) stood at ₹173.92. Total assets as of Mar-2024 were ₹11,165.89. Operating cash flow for Mar-2024 was ₹534.80. Peers and comparison entities consist of Jain Irrigation Systems Limited, Carraro India Limited, RM Drip & Sprinklers Systems Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Stock is trading at 0.90 times its book value; ; ; ; ; . Key risks include: Though the company is reporting repeated profits, it is not paying out dividend; Company has low interest coverage ratio.; The company has delivered a poor sales growth of -6.55% over past five years.; Promoter holding is low: 26.0%; Company has a low return on equity of 5.52% over last 3 years.; Promoters have pledged 58.9% of their holding.. Leadership team details include Mr.Bipeen Valame (Chief Financial Officer), Mr.Avdhut V Ghodgaonkar (Company Secretary & Chief Compliance Officer), Mr.Ghanshyam Dass (Independent Director), Ms.Radhika Dudhat (Independent Director), Dr.H P Singh (Independent Director), Dr.Narendra Jadhav (Independent Director), Mr.Bastiaan Mohrmann (Independent Director), Ms.Nancy Barry (Independent Director), Mr.Shishir Dalal (Independent Director), Mr.Ashok Dalwai (Independent Director), Mr.Ajit B Jain (Joint Managing Director), Mr.Atul B Jain (Joint Managing Director), Mr.Mukul Sarkar (Nominee Director), Mr.Aroop Sircar (Nominee Director), Mr.Anil B Jain (Vice Chairman & Mng.Director), Mr.Ashok B Jain (Whole Time Director). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.