| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 1,508 | 1,546 | −2.4% |
| EBITDA | 164 | 202 | −18.7% |
| EBITDA margin | 10.9% | 13.1% | −2.2 pts |
| Profit before tax | −10.0 | 22.0 | — |
| Net profit | −17.8 | 11.2 | — |
| EPS | −₹0.20 | ₹0.20 | — |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 1,797 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 122 | 122 | 80.4 | 87.5 | 118 | ||
| 148 | 148 | 140 | 137 | 95.7 | ||
| 4,062 | 4,062 | 3,773 | 3,954 | 3,908 | ||
| 5,885 | — | — | — | — | ||
| 6,362 | 6,400 | 5,779 | 6,147 | 5,748 | ||
| — | +10.7% | −6.0% | +7.0% | — | ||
| 765 | 801 | 719 | 784 | 671 | ||
| 12.0% | 12.5% | 12.4% | 12.8% | 11.7% | ||
| 477 | 520 | 466 | 542 | 435 | ||
| −69.0 | −40.0 | 25.7 | 42.8 | 1,184 | ||
| −1.1% | −0.6% | 0.4% | 0.7% | 20.6% | ||
| −₹0.73 | −₹0.34 | ₹0.46 | ₹0.62 | ₹11.28 | ||
| — | −173.4% | −25.9% | −94.5% | — | ||
| — | 619 | 847 | 535 | 45.0 | ||
| — | −354 | −245 | −228 | −160 | ||
| 265 | 265 | 601 | 307 | −115 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 1,796.6 | |
| - Cash, Equiv & ST Investments | 117.7 | 87.5 | 80.4 | 122.1 | 122.1 | |
| + Minority Interest | 95.7 | 136.5 | 139.5 | 147.7 | 147.7 | |
| + Total Debt | 3,908.0 | 3,954.2 | 3,773.4 | 4,062.5 | 4,062.5 | |
| Enterprise Value | — | — | — | — | 5,884.7 | |
| Revenue | 5,747.6 | 6,147.3 | 5,779.3 | 6,399.5 | 6,362.3 | |
| Growth %, YoY | — | +7.0 | -6.0 | +10.7 | — | |
| EBITDA | 671.2 | 784.3 | 718.7 | 801.4 | 764.8 | |
| Margin % | 11.68 | 12.76 | 12.43 | 12.52 | 12.02 | |
| EBIT | 435.4 | 541.7 | 465.5 | 519.5 | 477.2 | |
| Net Income | 1,184.2 | 42.8 | 25.7 | -40.0 | -69.0 | |
| Margin % | 20.60 | 0.70 | 0.44 | -0.62 | -1.08 | |
| EPS, Adj (current shares) | 11.28 | 0.62 | 0.46 | -0.34 | -0.73 | |
| Growth %, YoY | — | -94.5 | -25.9 | -173.4 | — | |
| Cash from Operations | 45.0 | 534.8 | 846.5 | 618.8 | — | |
| Capital Expenditures | -159.9 | -227.9 | -245.4 | -353.6 | — | |
| Free Cash Flow | -114.9 | 306.9 | 601.1 | 265.2 | 265.2 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Jain Irrigation Systems (NSE: JISLJALEQS) had a market capitalisation of ₹1,743 crore at the 29 October 2026 close (₹23.75 a share) and a price-to-book ratio of 0.30. In FY26 its consolidated net loss was ₹24.6 crore on revenue of ₹6,400 crore; in Q1 FY27 (April–June 2026) it was a loss of ₹14.9 crore. Its debt-to-equity ratio was 0.68 on 31 March 2026. Promoters held 26.68% of the shares on 30 September 2026.
Jain Irrigation Systems' PE ratio is not meaningful at the 29 October 2026 close: its consolidated net profit attributable to shareholders over the last four quarters (Q2 FY26 to Q1 FY27) was a loss of ₹53.5 crore, and a price-to-earnings ratio needs positive earnings. Its market capitalisation was ₹1,743 crore at ₹23.75 a share.
Jain Irrigation Systems' price-to-book (PB) ratio is 0.30 at the 29 October 2026 close: a market capitalisation of ₹1,743 crore divided by shareholders' equity (book value) of ₹5,850 crore on 31 March 2026. That is a book value of ₹79.71 per share against a share price of ₹23.75.
In FY26, Jain Irrigation Systems' return on equity (ROE) was −0.4% and its return on capital employed (ROCE) was 7.1%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 0.6% and ROCE 6.4%.
Jain Irrigation Systems' market capitalisation was ₹1,743 crore at the 29 October 2026 close: 73.39 crore shares at ₹23.75 each.
No. Jain Irrigation Systems had borrowings of ₹4,062 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.68. Its cash and current investments were ₹153 crore, so its net debt was ₹3,909 crore.
Jain Irrigation Systems' debt-to-equity ratio was 0.68 on 31 March 2026: borrowings of ₹4,062 crore against total equity of ₹5,998 crore. A year earlier, on 31 March 2025, it was 0.66.
Jain Irrigation Systems' net worth — shareholders' equity in its consolidated balance sheet — was ₹5,850 crore on 31 March 2026, up 4.1% from ₹5,620 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,743 crore at the 29 October 2026 close.
Jain Irrigation Systems' book value per share was ₹79.71 on 31 March 2026: shareholders' equity of ₹5,850 crore divided by the 73.39 crore shares in issue, down 2.0% from ₹81.32 a year earlier. The share price at the 29 October 2026 close was ₹23.75.
In FY26, Jain Irrigation Systems generated ₹619 crore of cash from operations and spent ₹354 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹265 crore. In FY25 it was ₹601 crore.
Jain Irrigation Systems' basic earnings per share (EPS) were −₹0.34 in FY26. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹0.41.
Promoters held 26.68% of Jain Irrigation Systems on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26 (April 2025–March 2026), Jain Irrigation Systems' consolidated net loss was ₹24.6 crore, against a profit of ₹33.5 crore in FY25, on revenue from operations of ₹6,400 crore (up 10.7%).
On 30 September 2026, Jain Irrigation Systems' shares were held by promoters 26.68%, foreign portfolio investors (FII/FPI) 2.13%, domestic institutions (DII) 8.66% (including mutual funds at 0.00%) and retail and other non-institutional investors 62.41%. Over the year, FII holding was down 0.85 percentage points from 2.98% and DII holding was down 0.19 percentage points from 8.85%.
On FY26 consolidated figures, against Jai Corp, Apollo Pipes and Prince Pipes And Fittings: Jain Irrigation Systems' operating margin of 8.1% is the second highest of the four (Jai Corp 8.3%, Apollo Pipes 0.9%, Prince Pipes And Fittings 3.9%; peer average 4.4%); its return on equity of −0.4% is the lowest of the four (Jai Corp 11.7%, Apollo Pipes 0.6%, Prince Pipes And Fittings 4.5%; peer average 5.6%).
In FY26, Jain Irrigation Systems earned net profit attributable to shareholders of ₹24.6 crore on revenue of ₹6,400 crore, against ₹169 crore on ₹514 crore for Jai Corp. Jain Irrigation Systems' operating margin was 8.1% (Jai Corp 8.3%) and its return on equity −0.4% (Jai Corp 11.7%). At the 29 October 2026 close, Jain Irrigation Systems' market capitalisation was ₹1,743 crore against ₹1,561 crore for Jai Corp.
Jain Irrigation Systems' latest results are for Q1 FY27 (April–June 2026), filed on 10 August 2026: consolidated net loss ₹14.9 crore, against a profit of ₹13.9 crore in Q1 FY26; revenue from operations ₹1,508 crore, down 2.4% year on year.
Jain Irrigation Systems will announce its Q2 FY27 results (July–September 2026) on Wednesday, 4 November 2026, the date of the board meeting it has notified to the exchanges.
From Jain Irrigation Systems' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.