Jain Irrigation Systems-DVR News

Jain Irrigation Reports 20% Revenue Growth to Rs 1,432 Crores in Q2 FY26

Jain Irrigation Systems Limited reported quarterly revenue of Rs 1,432 crores compared to Rs 1,191 crores in the same period last year, marking 20% growth. EBITDA grew 43% during the quarter, outpacing revenue growth. The high-tech business segment grew 39%, plastic division increased 9.5%, and agro-processing rose 15%. For the first half, the company achieved around 12% growth with consolidated revenue of approximately Rs 3,000 crores and EBITDA of Rs 400 crores. The company maintains its guidance of over 15% growth for the full year. CEO Anil Jain noted that September quarter is traditionally weak due to monsoon season but expects strong performance in Q3 and Q4. The company has an order book of Rs 1,900 crores, with Rs 1,500 crores expected to be executed by March 2026. Government receivables of around Rs 900 crores related to EPC projects are expected to be collected by FY27. The company is also entering beverage bottling business which could generate Rs 400-500 crores in revenue when fully operational.

Jain Irrigation Secures ₹135 Crore Order for 5,438 Solar Water Pumps in Maharashtra

Jain Irrigation Systems Limited has secured a ₹135 crore order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to design, supply, install, and commission 5,438 off-grid DC solar water pumps across Maharashtra. The order is under the Magel Tyala Saur Krushi Pump Yojana/PM-KUSUM B Scheme and includes pumps of 3 HP, 5 HP, and 7.5 HP capacity. This follows the company's successful completion of Phase I in December 2024, where it delivered 4,180 pumps worth ₹103 crore. The company operates with over 9,000 associates worldwide, generates approximately USD 750 million in revenue, and has manufacturing plants in 22 locations globally.