Jain Irrigation Systems Limited — Investor Meet, 11-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Jain Irrigation reported a muted Q1 FY27, with revenue at Rs. 1,500 Cr (down 2.5% YoY) and lower adjusted PAT (Rs. 3 Cr) due to Hi-Tech degrowth and unabsorbed costs. Despite this, cash flow was strong, converting 78% of EBITDA to cash, and working capital improved.

Management anticipates a strong H2 recovery, supported by better monsoon and stabilizing polymer prices. The company is confident in honoring its ~Rs. 690 Cr debt obligations this fiscal through internal accruals, legacy receivables (targeting Rs. 380 Cr from older dues), asset monetization, and refinancing options. JISL is prioritizing cash-flow positive business and sees growth opportunities across all segments. No major write-offs on project receivables are expected.