Jain Irrigation Reports Strong Double-Digit Growth in Consolidated Revenue and EBITDA for FY26
Jain Irrigation Systems Limited (JISL) reported robust consolidated financial results for the quarter and full year ended March 31, 2026, highlighting strong performance across its diversified business segments. The company recorded consolidated revenue of ₹6,399.5 crore in FY26, marking a 10.7% year-over-year (YoY) increase, while consolidated EBITDA grew by 12.8% to ₹808.9 crore.JISL, a leading diversified entity since 1986, specializes in pioneering water management solutions through micro-irrigation. The company maintains a global presence with 19 manufacturing bases spanning four continents and serves over 10 million farmers across 126+ countries.
Financial Performance Snapshot (₹ in Crores)
The company’s strong growth was driven primarily by the Hi-Tech and Agro Processing divisions. Consolidated figures for the full year compared to FY25 are detailed below:| Particulars | FY26 | FY25 | YoY Change |
|---|---|---|---|
| Revenue | 6,399.5 | 5,779.3 | 10.7% |
| Consolidated EBITDA | 808.9 | 716.8 | 12.8% |
| Adjusted PAT# | 133.1 | 97.8 | 36.0% |
For the fourth quarter of FY26, revenue stood at ₹1,824.0 crore, showing a 4.3% increase YoY. Consolidated EBITDA for the quarter reached ₹239.9 crore, representing a 7.3% growth compared to 4QFY25.
Segment-Wise Growth Drivers
The business's revenue stream is spread across three main segments: Hi-Tech, Plastic, and Agro Processing.The Hi-Tech Division was the standout performer, posting significant growth both quarterly and annually. For FY26, revenue increased by 20.5% YoY, while EBITDA grew by 26.2% YoY. The fourth quarter saw Hi-Tech revenue rise by 7.8% YoY, contributing substantially to the overall EBITDA growth.
The Agro Processing Division also showed strong resilience, reporting a 9.3% YoY rise in revenue and 9.0% YoY growth in EBITDA for the full year.
The Plastic Division recorded a marginal revenue increase of 2.4% YoY for FY26, although its contribution to the total EBITDA saw fluctuations.
Operational and Balance Sheet Highlights
Overall, the company showcased improved operational efficiency and stable working capital management.For Q4 FY26, the business generated cash from operations of ₹233 crore, representing approximately 97% of the quarterly EBITDA. For the entire fiscal year 2026, the company generated cash from operations totaling ₹619 crores.
Working capital management also improved significantly. The working capital cycle improved by 15 days YoY, moving from 201 days in FY25 to 186 days in FY26. Additionally, on a standalone basis, the company reported that as of March 31, 2026, it had fully repaid all RTL and FITL obligations.
The management highlighted the company's resilience despite facing global uncertainties and sharp rises in polymer prices during the period. The firm's continued focus remains on generating sustainable free cash flow, improving collections from project receivables, and driving overall revenue growth.
JISLDVREQS Stock Price Movement
Today, Jain Irrigation Systems Limited shares slipped by 0.47% to settle at ₹23.14. The stock was supported by total trading volume of 20,558 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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