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Jain Irrigation Sys share price

Jain Irrigation Systems Ltd.

NSE: JISLJALEQS BSE: 500219 SECTOR: Plastic Products  45k   167   42

62.60
+0.35 (0.56%)
NSE: Today, 03:58 PM

Price Summary

Today's High

₹ 64.3

Today's Low

₹ 61.7

52 Week High

₹ 69.8

52 Week Low

₹ 26.5

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

4178.35 Cr.

Enterprise Value

6846.96 Cr.

No. of Shares

66.75 Cr.

P/E

58.85

P/B

0.89

Face Value

₹ 2

Div. Yield

0 %

Book Value (TTM)

₹  70.27

CASH

68.45 Cr.

DEBT

2737.06 Cr.

Promoter Holding

27.46 %

EPS (TTM)

₹  1.06

Sales Growth

28.18%

ROE

0.87 %

ROCE

5.41%

Profit Growth

-79.64 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year28.18%
3 Year21.73%
5 Year-3.02%

Profit Growth

1 Year-79.64%
3 Year27.6%
5 Year-32.52%

ROE%

1 Year0.87%
3 Year-0.7%
5 Year-1.68%

ROCE %

1 Year5.41%
3 Year3.84%
5 Year3.41%

Debt/Equity

0.602

Price to Cash Flow

10.63

Interest Cover Ratio

1.09583704148631

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2023 27.46 58.5
Mar 2023 28.36 58.5
Dec 2022 28.36 46.47
Sep 2022 28.36 58.5
Jun 2022 26.91 55.37
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 27.5960103668085% for the Past 3 years.
  • The company has shown a good revenue growth of 21.7259660157603% for the Past 3 years.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 21.7458215430193.

 Limitations

  • Company has a poor ROE of -0.69554654738018% over the past 3 years.
  • Company has a poor ROCE of 3.8435654055888% over the past 3 years
  • Tax rate is low at -13.0466032257137.
  • The company is trading at a high PE of 58.85.
  • Promoter pledging is high as 58.5%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023
Net Sales 861.74 602.81 982.91 1166.03 1146.05
Total Expenditure 764.47 521.1 850.1 1102.08 993.86
Operating Profit 97.27 81.71 132.81 63.95 152.19
Other Income 19.58 20.91 22.73 124.12 4.21
Interest 81.61 76.36 81.96 123.01 78.61
Depreciation 37.4 37.44 37.44 38.29 37.27
Exceptional Items -2.29 -4.59 -1.04 -6.87 0
Profit Before Tax -4.45 -15.77 35.1 19.9 40.52
Tax 1.03 -3.44 12.58 -14.71 14.32
Profit After Tax -5.48 -12.33 22.52 34.61 26.2
Adjusted EPS (Rs) -0.09 -0.2 0.36 0.55 0.41

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 4442.76 2003.43 2156.42 2819.15 3613.49
Total Expenditure 3755.36 2237.31 2061.64 2551.98 3245.54
Operating Profit 687.41 -233.87 94.79 267.17 367.95
Other Income 117.99 55.39 39.55 70.82 195.13
Interest 309.85 417.94 445.1 257.19 362.94
Depreciation 172.61 158.96 164.98 156.28 150.57
Exceptional Items 0 0 0 295.48 -14.79
Profit Before Tax 322.93 -755.39 -475.75 219.99 34.78
Tax 88.41 -247.09 -168.43 26.86 -4.54
Net Profit 234.52 -508.3 -307.32 193.13 39.32
Adjusted EPS (Rs.) 4.55 -9.86 -5.96 3.16 0.63

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 103.13 103.13 103.13 122.38 124.79
Total Reserves 4617.89 4113.25 3809.4 4410.11 4467.47
Borrowings 624.35 429.29 300.92 1115.38 1009.31
Other N/C liabilities 441.76 184.08 -9.97 146.45 19.14
Current liabilities 2432.47 3644.49 4246.73 2510.84 2752.22
Total Liabilities 8219.61 8474.23 8450.21 8305.16 8372.93
Assets
Net Block 2957.38 3011.2 2897.05 2800.24 2759.07
Capital WIP 101.39 42.65 22.6 16.55 29.8
Intangible WIP 0 0 0 0 0
Investments 1157.6 1156.87 1156.27 1430.02 1443.43
Loans & Advances 194.52 287.98 322.17 266.84 189.49
Other N/C Assets 42.37 69.18 26.62 22.49 23.32
Current Assets 3766.35 3906.35 4025.5 3769.02 3927.83
Total Assets 8219.61 8474.23 8450.21 8305.16 8372.93
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 322.93 -755.39 -475.75 219.99 34.78
Adjustment 411.91 779.53 651.84 117.8 452.39
Changes in Assets & Liabilities -828.64 -903.46 -71.46 25.18 -80.77
Tax Paid -13.02 -37.36 -12.36 3.75 -13.27
Operating Cash Flow -106.82 -916.68 92.27 366.71 393.14
Investing Cash Flow -33.78 -191.19 -65.46 -83.37 -40.11
Financing Cash Flow 97.49 1201.84 95.15 -400.22 -411.17
Net Cash Flow -43.11 93.97 121.96 -116.88 -58.14

Corporate Actions

Investors Details

PARTICULARS Jun 2022% Sep 2022% Dec 2022% Mar 2023% Jun 2023%
promoters 26.91 28.36 28.36 28.36 27.46
abhang ajit jain 0.01 0.01 0.01 0.01 0.01
abhedya ajit jain 0.02 0.01 0.01 0.01 0.01
ajit bhavarlal jain 0.15 0.14 0.14 0.14 0.24
amoli anil jain 0.05 0.05 0.05 0.05 0.05
anil bhavarlal jain 0.02 0.02 0.02 0.02 0.12
arohi ashok jain 0.05 0.05 0.05 0.05 0.04
ashuli anil jain 0.02 0.02 0.02 0.02 0.02
athang anil jain 0.02 0.02 0.02 0.02 0.02
athman ashok jain 0.01 0.01 0.01 0.01 0.01
atul bhavarlal jain 0.03 0.03 0.03 0.03 0.13
cosmos investments privat... - - - 4.85 4.69
jaf products pvt. ltd. 2.38 2.33 2.33 2.33 2.26
jain ashok bhavarlal - - - 0.06 0.16
jalgaon investments priva... 20.57 20.16 20.16 20.16 19.51
jyoti ashok jain 0.08 0.08 0.08 0.08 0.08
nisha anil jain 0.01 0.01 0.01 0.01 0.01
shobhana ajit jain 0.08 0.08 0.08 0.08 0.07
late bhavarlal hiralal ja... 0.45 0.44 0.44 0.44 -
ashok bhavarlal jain 0.06 0.06 0.06 - -
cosmos investment and tra... 2.92 - 4.85 - -
cosmos investment and tra... - 4.85 - - -
PARTICULARS Jun 2022% Sep 2022% Dec 2022% Mar 2023% Jun 2023%
investors 73.09 71.64 71.64 71.64 72.54
canara bank-mumbai - - - 1.27 1.23
cooperatieve rabobank u a... - - - 0.30 0.29
export-import bank of ind... - - - 1.15 1.11
idbi bank ltd - - - 1.38 1.33
international financial c... - - - 1.10 1.07
investor education and pr... - 0.11 - 0.11 0.10
kbc eco fund 1.65 1.67 - 1.69 1.64
llp - 0.53 0.38 0.36 0.75
mandala rose co-investmen... - 5.99 - 5.99 5.80
qualified fore. investor-... - - - - 1.07
standard chartered bank - - - 0.74 0.72
state bank of india 3.38 3.32 3.32 3.32 3.21
subhkam ventures (i) pvt ... - - - - 3.20
union bank of india 1.48 1.45 1.45 1.45 1.40
canara bank 1.29 1.27 1.27 - -
export import bank of ind... 1.17 1.15 1.15 - -
industrial development ba... 1.40 1.38 1.38 - -
international finance cor... 1.12 1.10 1.10 - -
investor education and pr... - - 0.11 - -
coperatieve rabobank u a ... - 0.30 - - -
office bearers - 0.44 - - -
qualified investor foreig... - 1.10 - - -
standard chartered bank -... - 0.74 - - -
jhp securities pvt ltd 1.14 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Jain Irrigation Systems submits unaudited financial results8 Aug 2023, 2:34PM Jain Irrigation Sys - Quaterly Results8 Aug 2023, 12:14PM Jain Irrigation Sys - Quaterly Results8 Aug 2023, 12:14PM Jain Irrigation Systems informs about details of loss of certificate 29 Jul 2023, 12:57PM Jain Irrigation Systems informs about disclosure21 Jul 2023, 2:09PM Jain Irrigation Systems informs about certificate6 Jul 2023, 2:19PM Jain Irrigation Sys - Quaterly Results26 May 2023, 2:04PM Jain Irrigation Sys - Quaterly Results26 May 2023, 2:04PM Jain Irrigation Systems informs about details of loss of certificate 20 May 2023, 3:15PM Jain Irrigation Systems informs about loss of share certificate 3 May 2023, 12:27PM Jain Irrigation Systems informs about certificate11 Apr 2023, 4:27PM Jain Irrigation Systems informs about press release 30 Mar 2023, 11:39AM Jain Irrigation Sys - Quaterly Results11 Feb 2023, 12:26PM Jain Irrigation Sys - Quaterly Results11 Feb 2023, 12:26PM Jain Irrigation Sys - Quaterly Results11 Feb 2023, 12:26PM Jain Irrigation Sys - Quaterly Results11 Nov 2022, 2:10PM Jain Irrigation Sys - Quaterly Results11 Nov 2022, 2:10PM Jain Irrigation Systems informs about compliance certificate14 Oct 2022, 12:18PM Jain Irrigation Systems informs about compliance certificate14 Oct 2022, 12:12PM Jain Irrigation Systems schedules AGM30 Aug 2022, 3:51PM Jain Irrigation Sys - Quaterly Results13 Aug 2022, 1:51PM Jain Irrigation Sys - Quaterly Results13 Aug 2022, 1:51PM Jain Irrigation Sys - Quaterly Results13 Aug 2022, 1:51PM Jain Irrigation Systems informs about disclosures 4 Jul 2022, 5:11PM Jain Irrigation Systems informs about press release22 Jun 2022, 10:04AM Jain Irrigation to merge global irrigation business with Temasek-owned Rivulis 22 Jun 2022, 9:47AM Jain Irrigation Sys - Quaterly Results30 May 2022, 3:48PM Jain Irrigation Sys - Quaterly Results30 May 2022, 3:48PM Jain Irrigation Sys - Quaterly Results30 May 2022, 3:48PM Jain Irrigation Sys - Quaterly Results12 Feb 2022, 1:57PM Jain Irrigation Sys - Quaterly Results12 Feb 2022, 1:57PM Jain Irrigation Sys - Quaterly Results12 Feb 2022, 1:57PM Jain Irrigation Systems informs about notice of board meeting5 Feb 2022, 4:09PM Jain Irrigation Systems informs about compliances-certificate22 Jan 2022, 3:43PM Jain Irrigation Systems informs about certificate22 Jan 2022, 1:06PM Jain Irrigation Systems informs about voting results6 Dec 2021, 10:28AM Jain Irrigation Sys - Quaterly Results13 Nov 2021, 12:38PM Jain Irrigation Systems informs about signed minutes of 34th AGM 29 Oct 2021, 4:22PM Jain Irrigation Systems informs about clarification15 Sep 2021, 12:51PM Jain Irrigation Systems informs about 34th AGM8 Sep 2021, 9:55AM Jain Irrigation Systems informs about annual book closure8 Sep 2021, 9:52AM Jain Irrigation Systems informs about half yearly certificate19 Apr 2021, 12:30PM Jain Irrigation Systems informs about transcript of earnings call19 Feb 2021, 1:03PM Jain Irrigation Systems informs about investor call transcript19 Feb 2021, 12:21PM Jain Irrigation Systems informs about annual report7 Jan 2021, 5:02PM Jain Irrigation Systems informs about outcome of board meeting10 Nov 2020, 4:25PM Jain Irrigation Systems informs about un-audited standalone and consolidated results17 Sep 2020, 10:05AM Jain Irrigation Systems informs about disclosure10 Sep 2020, 4:50PM Jain Irrigation Systems informs about outcome of board meeting3 Aug 2020, 10:07AM Jain Irrigation Systems informs about certificate21 Jul 2020, 4:45PM

Jain Irrigation Sys Stock Price Analysis and Quick Research Report. Is Jain Irrigation Sys an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Jain Irrigation Sys has a PE ratio of 58.5221397010435 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Jain Irrigation Sys has ROA of 0.471528927240212 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Jain Irrigation Sys has a Current ratio of 1.42714691827409 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Jain Irrigation Sys has a ROE of 0.871343778703809 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Jain Irrigation Sys has a D/E ratio of 0.602 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Jain Irrigation Sys has an Inventory turnover ratio of 7.92414062067746 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Jain Irrigation Sys has reported revenue growth of 28.176759912399 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Jain Irrigation Sys for the current financial year is 10.1825935591354 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Jain Irrigation Sys is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Jain Irrigation Sys
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