Name: Latest research reports of Jain Irrigation Systems Ltd. authored by Centrum Broking and published by - Trendlyne research reports.
Item: Jain Irrigation Systems Ltd.
Rating: 5
Author: Centrum Broking

Jain Irrigation Systems Ltd.

NSE: JISLJALEQS | BSE: 500219 | ISIN: INE175A01038 | Industry: Plastic Products
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60.8000 1.28 (2.15%)

NSE Mar 21, 2025 15:31 PM

27.78% Fall from 52W High

Volume: 3.9M

Jain Irrigation Systems Ltd.

01 Mar 2018

60.80

2.15%

Jain Irrigation

Buy: Jain Irrigation Systems Ltd.

Centrum Broking

Jain Irrigation Systems Ltd (JISL), for Q3FY18 on a consolidated basis, reported good numbers. Revenue increased by ~31% YoY to 1,890 crore, on the back of ~49% growth in the Hi-tech Agri Input Products Division (52% of Q3FY18 revenue), 22% growth in the Plastics Division (25%) and 6% growth in the Agro Processing Division (20%). Higher other income and stable finance cost led to net profit increasing by 11x to 67 crore. EBITDA margins contracted by 129bps to 11.8%, on account of lower margins in the food business (impact of fire incidence and market spends for launch of consumer brand food). Better collection in the Micro...

Jain Irrigation Systems Ltd. is trading below its 50 day SMA of 65.5