Jain Irrigation Systems Limited — Investor Meet, 28-07-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Jain Irrigation Systems (JISL) reported Q1 FY26 revenue growth of 5% to INR 1,550 Cr despite a deflationary environment. The Hi-Tech Agri segment demonstrated strong 30% growth, with its EBITDA improving to 16.6%. Solar pump sales surged to INR 50 Cr, and exports increased by 40% to INR 130 Cr. The company received INR 150 Cr from warrants, used for working capital. Gross debt stands at INR 3,590 Cr. Management projects over 15% revenue growth for FY26, anticipating a strong second half. Plans include a food processing subsidiary IPO in FY26 and aiming to reduce debt-to-EBITDA below 2 within 18 months, with a focus on improving EPS from FY27. JISL sees potential to double its business in 3-4 years.