Risks
4 risks
Risk Intelligence
Raw material price volatility
View Risks →Jain Irrigation Systems Limited — Q4 FY26
Jain Irrigation reported Q4 FY26 revenue of ₹1,800 crore, up 4.3% YoY, with EBITDA margin expanding 40 bps to 13.2%.
neutral
medium
Financial stats pending filing verification
2-Minute Summary
✦ AI-Generated from Full Transcript
Jain Irrigation reported Q4 FY26 revenue of ₹1,800 crore, up 4.3% YoY, with EBITDA margin expanding 40 bps to 13.2%. The high-tech division (drip irrigation, tissue culture) grew 8% and improved margins to 19.8%, while plastics saw slight degrowth due to a raw material price shock in March. Agro processing grew 6% but EBITDA declined. For FY26, consolidated revenue grew 11% with high-tech up 20%. Management highlighted a sharp spike in polymer prices (PVC up 50%, polyethylene up 60% in 20 days) that disrupted March sales, but prices have since stabilized. Guidance for FY27 is cautious but positive: revenue, margins, and cash flow expected to improve. Key risks include geopolitical uncertainty, tariff issues, and execution of debt repayment (₹350 crore due in FY27). The new beverage lines started operations, contributing ₹27-28 crore revenue in March.
जैन इरिगेशन ने चौथी तिमाही में ₹1,800 करोड़ का राजस्व दर्ज किया, जो पिछले साल से 4.3% अधिक है। कंपनी का मुनाफा मार्जिन 13.2% रहा। हाई-टेक डिवीजन (ड्रिप सिंचाई, टिशू कल्चर) में 8% बढ़ोतरी हुई और मार्जिन 19.8% रहा। प्लास्टिक डिवीजन में मार्च में कच्चे माल की कीमत बढ़ने से थोड़ी गिरावट आई। पूरे साल का राजस्व 11% बढ़ा। कंपनी ने कहा कि पीवीसी और पॉलीथीन की कीमतें अचानक 50-60% बढ़ गई थीं, लेकिन अब स्थिर हो गई हैं। अगले साल राजस्व, मुनाफा और नकदी प्रवाह बेहतर होने की उम्मीद है। कंपनी को ₹350 करोड़ का कर्ज चुकाना है। नई बेवरेज लाइनों ने मार्च में ₹27-28 करोड़ का राजस्व दिया।
Risks4 trackedTranscriptfull text
Research workspace
Focused Modules
Transcript
Full text
Call Transcript
Full transcript text is available on this route.
Read Transcript →Quarter Snapshot
High-tech division revenue growth (Q4)
8%
+8% YoY
High-tech (drip irrigation, tissue culture) grew 8% in Q4, outperforming overall revenue growth of 4.3%.
High-tech EBITDA margin (Q4)
19.8%
+230bps YoY
High-tech margins improved from 17.5% to 19.8%, driven by better product mix and cost control.
Operating cash flow (FY26)
₹600 crore
+76% of EBITDA
Company generated ₹600 crore operating cash flow post working capital, representing 76% of EBITDA.
Government receivables reduction (Q4)
₹80 crore
Reduced in Q4
Government project receivables reduced by ₹80 crore in Q4, with additional ₹30 crore received in April.
Fast read
Guidance and risk preview
Management expects all three parameters to be better in FY27 compared to FY26, despite near-term uncertainties.
Unprecedented spike in polymer prices (PVC up 50%, polyethylene up 60% in 20 days) disrupted March sales and could recur.
View Risks →