Jain Irrigation Systems Ltd

New Order Win

Jain Irrigation Systems Bags ₹118 Cr Order from Maharashtra State Electricity Distribution Company Limited

Jain Irrigation secured a ₹117.96 crore empanelment from MSEDCL for 5,000 solar pumps. The project is to be completed within 60 days under Maharashtra's solar irrigation scheme.

Value

₹118.0 Cr

From

Maharashtra State Electricity Distribution Company Limited (MSEDCL)

Execution

60 days

solar photovoltaic pumping systems

5000 solar pumps

Credit Rating

Jain Irrigation Systems Credit Rating

CRISIL reaffirmed JISL's BBB-/Negative ratings on bank loan facilities and NCDs. Rated bank facility size decreased after withdrawal of portions following no-dues certificates.

Price Movement Clarification

Jain Irrigation Systems Price Movement Clarification

Jain Irrigation Systems clarified that the recent spurt in its share trading volume is market-driven, stating no undisclosed material events exist.

Earnings Call

Jain Irrigation Systems Earnings Call Transcript: Key Takeaways

Management admits to a muted Q1 FY27 with revenue down 2.5% and compressed margins due to raw material volatility and delayed monsoon, despite expressing optimism for a second-half recovery.

Call

Guides 10% growth

Financial Results

Jain Irrigation Systems Q1 FY27 Results: Net Loss of ₹17.8 Cr

Jain Irrigation Systems Ltd reported revenue from operations of ₹1,508 Cr (-2.4% YoY) and a net loss of ₹17.8 Cr for Q1 FY27.

Key figure

Net loss ₹17.8 Cr