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
Volume: 3.9M
 

60.80
2.15%

Jain Irrigation

Centrum Broking
Jain Irrigation Systems Ltd (JISL), for Q1FY19 on a consolidated basis, reported good numbers. Revenue grew 24% YoY to 2,092 crore, with better growth across business segments Hi-Tech Agri Input products (48% of Q1FY19 revenue) up 17%, Plastic (28%) up 15% and agro processing (22%) up 39%. EBITDA grew 15% to 270 crore, with margins contracting by 101bps to 12.9%, due to high value inventory in the food business. Higher other income (impact of 30 crore due to mark to market - MTM gain on listed bond in Singapore), led to net profit growth of 84% to 82 crore. As per JISL, net debt increased by 13% YoY to 4,579 crore...
Jain Irrigation Systems Ltd. is trading below its 50 day SMA of 65.5
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