Jain Irrigation Systems Ltd. announced its financial results for the second quarter (Q2) and first half (H1) of fiscal year 2027. The company reported consolidated revenue growth of 10.1% YoY for Q2 FY27 and 4.2% growth in EBITDA. Agro Processing and overseas Plastics businesses showed strong performance. For H1 FY27, consolidated revenue grew by 3.6% YoY. The company also detailed standalone performance and business segment overviews.
Jain Irrigation Systems Ltd. Financial Highlights: Q2 and H1 FY27
Jain Irrigation Systems Ltd. has released its investor presentation for the quarter and half year ended September 30, 2026. The results indicate a positive consolidated performance for the second quarter of FY27.
Consolidated Performance
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Q2 FY27 vs. Q2 FY26: Consolidated revenue increased by 10.1% YoY to ₹1,576.7 crore. EBITDA grew by 4.2% YoY to ₹207.5 crore. EBITDA margin stood at 13.2%.
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H1 FY27 vs. H1 FY26: Consolidated revenue grew by 3.6% YoY to ₹3,085.0 crore. EBITDA decreased by 7.3% YoY to ₹371.9 crore. EBITDA margin was 12.1%.
Business Segment Performance (Q2 FY27)
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Hi-Tech Agri Division: Revenue grew 4.9% YoY to ₹497.8 crore, driven by the Tissue Culture business. EBITDA margin was 18.8%.
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Plastic Division: Revenue grew 17.7% YoY to ₹519.9 crore, boosted by exports and overseas business. EBITDA stood at ₹47.0 crore.
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Agro Processing Division: Revenue grew 8.4% YoY to ₹559.0 crore. EBITDA grew 11.1% YoY to ₹66.9 crore, with margins improving to 12.0%.
Standalone Performance
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Q2 FY27 vs. Q2 FY26: Standalone revenue was ₹725.1 crore, up 4.9% YoY. EBITDA was ₹97.2 crore, a decrease of 9.7% YoY.
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H1 FY27 vs. H1 FY26: Standalone revenue was ₹1,424.4 crore, down 11.5% YoY. EBITDA was ₹181.5 crore, a decrease of 21.4% YoY.
Other Highlights
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Management Commentary: The overall Q2 FY27 was described as a good quarter despite a challenging environment, with strong growth in Agro Processing and overseas Plastics. Improved receivables collections led to standalone operating cash flow reaching 180% of EBITDA. Polymer prices increased sharply due to supply concerns.
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Order Book Position: As of September 30, 2026, the consolidated order book stood at ₹1,712 crore.
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News: Jain Irrigation announced a deal with Supercritical for up to 19,000 tonnes of Biochar Credits for 2026-2027.
Source: BSE
