Jain Irrigation Systems reported a 17.4% increase in consolidated total income for Q3FY26, reaching ₹1,598 Crs. EBITDA stood at ₹168 Crs. The company highlighted strong revenue growth across all business segments and improved cash flow from operations. They also mentioned strategic shifts towards retail business and disciplined cost management contributing to margin improvements.
Financial Performance
Jain Irrigation Systems announced its financial results for Q3FY26 and the nine months ended December 31, 2025. Key highlights include:
- Consolidated Total Income: Up 17.4% at ₹1,597.6 Crs compared to ₹1,360.8 Crs in Q3FY25.
- EBITDA: ₹167.8 Crs, a decrease of 4.5% from ₹175.7 Crs in Q3FY25.
- Adjusted PAT: ₹15.9 Crs, a decrease of 7.8%.
For the nine-month period (9MFY26):
- Consolidated Total Income: Increased by 13.5% to ₹4,575.5 Crs.
- EBITDA: Rose by 15.4% to ₹569.0 Crs.
- Adjusted PAT: Increased by 58.1% to ₹81.3 Crs.
Key Highlights and Commentary
Anil Jain, Vice Chairman and Managing Director, commented that Q3FY26 was a strong quarter with 17.4% year-over-year revenue growth, driven by double-digit growth momentum across all business segments. He also noted the impact of recent GST rate reductions, support for demand, and improved working capital cycle.
Strategic Developments
The company emphasized its strategic shift towards retail business, improved operating efficiencies, and disciplined cost management, contributing to margin improvement.
Future Outlook
Jain Irrigation expects increased government spending on infrastructure to benefit its piping businesses. Continued policy focus on Solar Agri Pumps and rural development should also support demand. The company anticipates a supportive environment for sustained growth.
JFFFL Partnerships
Jain Farm Fresh Foods Ltd (JFFFL), the agro-processing arm, has partnered with a leading beverage brand to establish a bottling facility. Revenue contribution is expected to begin in Q4 FY26. JFFFL has also entered into a JV with a leading international company for tomato puree manufacturing in India.
Source: BSE