Jain Irrigation reported a strong Q3 FY26, with revenue growth of 17.4% yoy. This growth was seen across all business segments. The company focuses on execution and cash management, which improved the working capital cycle. For the nine-month period, the company sustained a revenue growth of 13.5%. The Union Budget is expected to benefit the company. The firm is confident in diversified business.
Financial Performance
Jain Irrigation Systems reported strong results for Q3 FY26. Some key highlights include:
- Revenue of ₹1,598 crs.
- EBITDA of ₹168 crs.
For the quarter, Hi-Tech Agri contributed ₹626 crs, Plastic contributed ₹463 crs, and Agro/Food processing contributed ₹509 crs to the total revenue.
For the nine months ending Q3 FY26, total revenue stood at ₹4,576 crs.
Segmental Performance
The Hi-Tech Agri division recorded a 15.9% year-on-year revenue growth, the Plastic division had a 18.3% yoy revenue growth, and the Agro Processing division reported a 18.5% yoy revenue growth.
Key Initiatives and Outlook
The company has a focus on expanding its retail business and enhancing operating efficiencies. Jain Irrigation’s agro-processing arm, JFFFL, partnered with a beverage brand to set up a bottling facility, with revenue contribution expected in Q4 FY26. The company also entered into a JV with a leading international company for tomato puree manufacturing in India.
The company has an order book position of ₹844 crs in India.
Source: BSE
