Jain Irrigation Reports Q1 FY27 Results; Consolidated Revenue at ₹1,508 Crore

Jain Irrigation Systems Limited (BSE: 500219 / NSE: JISLJALEQ), a global manufacturer specializing in Micro Irrigation Systems, PVC and HDPE Pipes, Plastic Sheets, Agro Processed Products, Renewable Energy Solutions, and Tissue Culture Plants, today announced its consolidated and standalone financial results for the first quarter ended June 30, 2026 (Q1 FY27).

Consolidated Financial Performance

On a consolidated basis, Jain Irrigation reported a total income of ₹1,508.4 crore for Q1 FY27, representing a slight dip of 2.4% compared to ₹1,545.6 crore recorded in the corresponding quarter of the previous fiscal year (Q1 FY26).

Consolidated EBITDA for the quarter stood at ₹164.3 crore, down 18.7% year-on-year from ₹202.0 crore in Q1 FY26. The consolidated EBITDA margin contracted by 217 basis points to 10.9%, compared to 13.1% in the year-ago period.

Adjusted Profit After Tax (PAT)-calculated before the unwinding of non-cash finance costs related to 0.01% NCDs/EBCs-came in at ₹3.1 crore for Q1 FY27, compared to ₹30.5 crore in Q1 FY26. Accounting for these non-cash unwinding costs, the company reported a consolidated net loss (PAT) of ₹17.8 crore for the quarter, compared to a net profit of ₹11.2 crore in Q1 FY26. Consolidated Cash PAT for Q1 FY27 stood at ₹55.9 crore (3.7% margin) versus ₹79.2 crore (5.1% margin) in Q1 FY26.

Standalone Financial Performance

On a standalone basis, total income for Q1 FY27 came in at ₹699.3 crore, down 23.9% year-on-year compared to ₹919.2 crore reported in Q1 FY26.

Standalone EBITDA reached ₹84.3 crore, down 31.7% from ₹123.4 crore in Q1 FY26. The standalone EBITDA margin dropped by 137 basis points to 12.1% from 13.4% in the corresponding previous quarter.

Standalone Adjusted PAT stood at ₹7.0 crore compared to ₹26.4 crore in Q1 FY26. Standalone net profit after tax (PAT) reported a loss of ₹13.9 crore for Q1 FY27 compared to a profit of ₹7.1 crore in Q1 FY26. Standalone Cash PAT was reported at ₹29.4 crore (4.2% margin) against ₹48.6 crore (5.3% margin) in the corresponding prior-year quarter.

Commenting on the results, Mr. Anil Jain, Vice Chairman and Managing Director of the Company said: Q1 FY27 saw consolidated revenues remain broadly steady year-on-year, supported by strong performance from our Agro Processing business and overseas Plastic operations. The quarter was shaped by volatility in polymer prices and the timing of the monsoon, which led to some customer purchases in the domestic pipe and drip businesses moving into subsequent periods. Encouragingly, business momentum improved progressively through May and June and we were successful in passing on higher costs of raw materials.

The outlook ahead is positive. Polymer prices are stabilising and improved rainfall is expected to strengthen agricultural demand in the coming months.

We remain confident of delivering double-digit revenue growth in FY27 and reiterate our EBITDA margin guidance of around 14% on a standalone basis and 12.5% on a consolidated basis. With demand conditions improving, we expect a significantly stronger performance in second half and remain firmly on track to deliver our full-year objectives subject to stability in geopolitical events.

Shares of Jain Irrigation Systems Limited was last trading in BSE at Rs. 28.33 as compared to the previous close of Rs. 30.91. The total number of shares traded during the day was 490309 in over 1962 trades.

The stock hit an intraday high of Rs. 31.23 and intraday low of 27.19. The net turnover during the day was Rs. 14156106.00.

Source : Equity Bulls

Keywords

JainIrrigationSystems INE175A01038 Q1FY27 Q1FY2027 ResultUpdate