Jain Irrigation Share Price Target 2024 2025 2026 2027 2028 2029 2030 Fundamentals & Quarterly Results – Jain Irrigation Systems Ltd. is an agri-business firm that produces plastic sheeting, irrigation systems, plastic pipes, pesticides, fruits and vegetables processing. The company operates through the following segments: Hi-Tech Agri Input Product, Plastic, Agro Processing and Other Business. The Hi-Tech Agri Input Product segment consists of micro and sprinkler irrigation systems, solar agri pump, integrated irrigation projects as well as tissue culture plants.
Latest Update – Net profit of Jain Irrigation Systems Ltd declined by -61.64% YoY to ₹13.59Cr in Q1 2024-2025. Jains Irrigation System Ltd has seen quarterly growth of 254.61% in its net profits over the past 3 months.
Jain Irrigation Overview
Contents
Jain Irrigation Systems Limited is a company that specializes in offering agricultural, piping and infrastructure related solutions by manufacturing Micro Irrigation Systems, PVC Pipes, HDPE Pipes, Plastic Sheeting, Agro Processed Goods, Renewable Energy Solutions, Tissue Culture Plants, Financial Services among other inputs required for farming.
| Company Name | Jain Irrigation Systems Limited |
|---|---|
| Listed at | NSE & BSE |
| Head Office | Jain Plastic Park (HO), NH No. 6, P.O. Box : 72, Jalgaon – 425 001 (Maharashtra) |
| Board Of Directors |
|
| Official Website | jains.com |
Also Check Ircon Share Price Target
Jain Irrigation Business Profile
Jain Irrigation Systems Limited, a micro-irrigation manufacturer located in India is considered to be the second largest such company on a global level just after Israel’s Netafim. What’s more, JISL remain the largest supplier of polyethylene pipes within the country. Additionally it ranks among three major manufacturers of PVC piping materials while at world stage it claims position of largest producer for tissue cultures in bananas and pomegranates. The company also stands as the second biggest dehydrated onion producer around the globe and mango pulp/purée/concentrate hence dominating this industry in India.
Also Check IDBI Bank Share Price Target
Business Segments and Products
The plastic division includes different business lines such as pipes made of PVC, PE pipes and sheets for industrial applications. Fruits, onion products and bio gas are included in agro processing. Furthermore, in the other business segment there is solar thermal, solar power, solar water heating systems and agriculture products among others.
Also Check Karnataka Bank Share Price Target
Hi-tech Agri Input Product : Micro & Sprinkler Irrigation, Solar Agri Pump, Integrated Irrigation Projects, and Tissue Culture plants.
Plastic Product: PVC piping products, PE piping products, and Plastic sheets.
Agro Processing Unit: Dehydrated onions & vegetables, processed fruits, aseptic fruit purees, concentrates, etc (through Jain Farm Fresh Foods Ltd).
Also Check Titan Share Price Target
Presence
The co. has a worldwide reach with 19 manufacturing bases across four continents. More than 126 nations receive these items through the help of over 4,000 dealers and distributors across the globe. It has touched more than 10 million farmers within its circumference.
Also CHeck Borosil Renewables Share Price Target
Order Book
The consolidated order book of the company for FY24 now stands at Rs. 1925 Cr. The order book is allocated to different business divisions as follows:
Plastic Division – 56%
Agro Processing Division – 24%
Hi-tech Agri Input Product Division – ~20%
Also Check IEX Share Price Target
In July 2019, Inter Creditor Agreement was signed between the lenders of the Co in India and they have engaged themselves with the task of restructuring the organizations’ debts. This restructuring involved an assignment of 40% of total debts to long term NCDs, infusion of equity by promoter as well as investors, besides ordinary shares meant for lenders.
Also Check Share Market Holiday List
Jain Irrigation Fundamentals & Quarterly Results
| Metric | Value |
|---|---|
| Market Cap | ₹ 4,775 Cr. |
| Current Price | ₹ 70.4 |
| High / Low | ₹ 84.2 / 43.6 |
| Stock P/E | 79.6 |
| Book Value | ₹ 80.8 |
| Dividend Yield | 0.00 % |
| ROCE | 5.82 % |
| ROE | 0.81 % |
| Face Value | ₹ 2.00 |
| FCF Prev Ann | ₹ -97.8 Cr. |
| Debt to Equity | 0.75 |
| Debt Preceding Year | ₹ 3,967 Cr. |
| Reserves | ₹ 5,254 Cr. |
| Quick Ratio | 0.90 |
| Current Ratio | 1.36 |
| Free Cash Flow | ₹ 316 Cr. |
Also Check MCX Holidays List
Jain Irrigation Quarterly Results
| Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,416 | 1,082 | 1,504 | 1,745 | 1,701 | 1,362 | 1,358 | 1,727 | 1,478 |
| Expenses | 1,227 | 975 | 1,327 | 1,610 | 1,486 | 1,188 | 1,193 | 1,503 | 1,300 |
| Operating Profit | 189 | 107 | 177 | 136 | 215 | 173 | 165 | 224 | 178 |
| OPM % | 13% | 10% | 12% | 8% | 13% | 13% | 12% | 13% | 12% |
| Other Income | -20 | -45 | -41 | 1,066 | 4 | 2 | 13 | -56 | 1 |
| Interest | 109 | 98 | 108 | 154 | 105 | 99 | 108 | 106 | 103 |
| Depreciation | 58 | 58 | 59 | 61 | 59 | 60 | 59 | 65 | 61 |
| Profit Before Tax | 2 | -95 | -31 | 987 | 55 | 17 | 11 | -3 | 16 |
| Tax % | 464% | -6% | 62% | 1% | 33% | 50% | 21% | 270% | 21% |
| Net Profit | -6 | -90 | -50 | 977 | 37 | 8 | 9 | -11 | 12 |
| EPS in Rs | -0.16 | -1.50 | -0.81 | 16.16 | 0.57 | 0.13 | 0.15 | -0.13 | 0.20 |
CAGR Report
| Metric | 10 Years | 5 Years | 3 Years | TTM / 1 Year |
|---|---|---|---|---|
| Compounded Sales Growth | 0% | -7% | 3% | -2% |
| Compounded Profit Growth | -10% | -29% | 28% | 170% |
| Stock Price CAGR | -3% | 29% | 31% | 12% |
| Return on Equity | 1% | -3% | 6% | 1% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 28.46% | 28.64% | 28.64% | 28.64% | 26.91% | 28.37% | 26.12% | 26.12% |
| FIIs | 33.52% | 31.82% | 11.55% | 5.76% | 5.16% | 3.76% | 5.46% | 5.18% |
| DIIs | 6.90% | 4.54% | 0.01% | 0.01% | 11.54% | 10.20% | 9.32% | 9.33% |
| Government | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.08% | 0.06% |
| Public | 31.01% | 34.89% | 59.41% | 65.21% | 56.08% | 57.38% | 58.73% | 59.02% |
| Others | 0.00% | 0.10% | 0.38% | 0.38% | 0.32% | 0.31% | 0.28% | 0.28% |
| No. of Shareholders | 1,80,154 | 2,02,669 | 2,12,041 | 2,06,976 | 2,02,177 | 1,97,349 | 2,00,188 | 1,90,376 |
| Year | Initial Target | Mid-Year Target | Year-End Target |
| 2024 | ₹97.18 | ₹123.62 | ₹139.49 |
| 2025 | ₹142 | ₹133 | ₹159 |
| 2026 | ₹162 | ₹152 | ₹181 |
| 2027 | ₹185 | ₹175 | ₹209 |
| 2028 | ₹213 | ₹200 | ₹240 |
| 2029 | ₹245 | ₹231 | ₹275 |
| 2030 | ₹281 | ₹265 | ₹316 |
| Month | Target |
| January | ₹142 |
| February | ₹145 |
| March | ₹148 |
| April | ₹143 |
| May | ₹138 |
| June | ₹133 |
| July | ₹138 |
| August | ₹144 |
| September | ₹150 |
| October | ₹153 |
| November | ₹156 |
| December | ₹159 |
| Month | Target |
| January | ₹162 |
| February | ₹165 |
| March | ₹168 |
| April | ₹162 |
| May | ₹157 |
| June | ₹152 |
| July | ₹158 |
| August | ₹164 |
| September | ₹171 |
| October | ₹174 |
| November | ₹177 |
| December | ₹181 |
| Month | Target |
| January | ₹185 |
| February | ₹189 |
| March | ₹193 |
| April | ₹187 |
| May | ₹181 |
| June | ₹175 |
| July | ₹182 |
| August | ₹189 |
| September | ₹197 |
| October | ₹201 |
| November | ₹205 |
| December | ₹209 |
| Month | Target |
| January | ₹213 |
| February | ₹217 |
| March | ₹221 |
| April | ₹214 |
| May | ₹207 |
| June | ₹200 |
| July | ₹208 |
| August | ₹216 |
| September | ₹225 |
| October | ₹230 |
| November | ₹235 |
| December | ₹240 |
| Month | Target |
| January | ₹245 |
| February | ₹250 |
| March | ₹255 |
| April | ₹247 |
| May | ₹239 |
| June | ₹231 |
| July | ₹240 |
| August | ₹250 |
| September | ₹260 |
| October | ₹265 |
| November | ₹270 |
| December | ₹275 |
| Month | Target |
| January | ₹281 |
| February | ₹287 |
| March | ₹293 |
| April | ₹283 |
| May | ₹274 |
| June | ₹265 |
| July | ₹276 |
| August | ₹287 |
| September | ₹298 |
| October | ₹304 |
| November | ₹310 |
| December | ₹316 |
Official Website – jains.com