company background image
5002

Jain Irrigation SystemsBSE:500219 Stock Report

Last Price

₹48.05

Market Cap

₹28.7b

7D

-1.4%

1Y

131.6%

Updated

17 Jan, 2022

Data

Company Financials
500219 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends0/6

500219 Stock Overview

Jain Irrigation Systems Limited operates as a micro-irrigation company in India, Europe, North America, and internationally.

Jain Irrigation Systems Competitors

Captain Polyplast

BSE:536974

₹1.2b

R M Drip and Sprinklers Systems

NSEI:RMDRIP

₹111.4m

Pidilite Industries

BSE:500331

₹1.4t

Astral

BSE:532830

₹495.8b

Price History & Performance

Summary of all time highs, changes and price drops for Jain Irrigation Systems
Historical stock prices
Current Share Price₹48.05
52 Week High₹53.50
52 Week Low₹16.15
Beta1.51
1 Month Change21.80%
3 Month Change1.69%
1 Year Change131.57%
3 Year Change-22.19%
5 Year Change-46.43%
Change since IPO346.56%

Recent News & Updates

Shareholder Returns

500219IN MachineryIN Market
7D-1.4%3.5%2.2%
1Y131.6%66.9%36.2%

Return vs Industry: 500219 exceeded the Indian Machinery industry which returned 66.9% over the past year.

Return vs Market: 500219 exceeded the Indian Market which returned 36.2% over the past year.

Price Volatility

Is 500219's price volatile compared to industry and market?
500219 volatility
500219 Average Weekly Movement8.5%
Machinery Industry Average Movement6.6%
Market Average Movement6.7%
10% most volatile stocks in IN Market9.8%
10% least volatile stocks in IN Market4.1%

Stable Share Price: 500219 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 500219's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
19639,281Anil Jainhttps://www.jains.com

Jain Irrigation Systems Limited operates as a micro-irrigation company in India, Europe, North America, and internationally. The company operates through Hi-Tech Agri Input Products, Plastic, Agro Processing, and Other Business divisions. It provides drip irrigation, sprinkler irrigation, PE piping, and plumbing systems; and polyvinyl chloride plastic pipes and pipe fittings, and EX-CEL plastic sheets.

Jain Irrigation Systems Fundamentals Summary

How do Jain Irrigation Systems's earnings and revenue compare to its market cap?
500219 fundamental statistics
Market Cap₹28.75b
Earnings (TTM)₹547.97m
Revenue (TTM)₹65.48b

52.1x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
500219 income statement (TTM)
Revenue₹65.48b
Cost of Revenue₹36.04b
Gross Profit₹29.43b
Expenses₹28.88b
Earnings₹547.97m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.92
Gross Margin44.95%
Net Profit Margin0.84%
Debt/Equity Ratio224.1%

How did 500219 perform over the long term?

See historical performance and comparison

Valuation

Is Jain Irrigation Systems undervalued compared to its fair value and its price relative to the market?

52.14x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 500219's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 500219's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 500219 is poor value based on its PE Ratio (52.1x) compared to the Indian Machinery industry average (26.6x).

PE vs Market: 500219 is poor value based on its PE Ratio (52.1x) compared to the Indian market (23.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500219's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500219 is good value based on its PB Ratio (0.9x) compared to the IN Machinery industry average (2.2x).


Future Growth

How is Jain Irrigation Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.1%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Jain Irrigation Systems has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Jain Irrigation Systems performed over the past 5 years?

-54.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500219 has a large one-off gain of ₹3.6B impacting its September 30 2021 financial results.

Growing Profit Margin: 500219 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 500219 has become profitable over the past 5 years, growing earnings by -54% per year.

Accelerating Growth: 500219 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 500219 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (72.5%).


Return on Equity

High ROE: 500219's Return on Equity (1.7%) is considered low.


Financial Health

How is Jain Irrigation Systems's financial position?


Financial Position Analysis

Short Term Liabilities: 500219's short term assets (₹66.5B) do not cover its short term liabilities (₹68.6B).

Long Term Liabilities: 500219's short term assets (₹66.5B) exceed its long term liabilities (₹29.8B).


Debt to Equity History and Analysis

Debt Level: 500219's net debt to equity ratio (206.9%) is considered high.

Reducing Debt: 500219's debt to equity ratio has increased from 133.9% to 224.1% over the past 5 years.

Debt Coverage: 500219's debt is not well covered by operating cash flow (1.1%).

Interest Coverage: 500219's interest payments on its debt are not well covered by EBIT (0.6x coverage).


Balance Sheet


Dividend

What is Jain Irrigation Systems's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 500219's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 500219's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 500219's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 500219's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 500219 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 500219's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

28.0yrs

Average management tenure


CEO

Anil Jain (55 yo)

30yrs

Tenure

₹30,511,921

Compensation

Mr. Anil Bhavarlal Jain, B. Com, LLB, has been the Managing Director of Jain Irrigation Systems Limited since 1993 and serves as its Chief Executive Officer. Mr. Jain is responsible for managing overseas b...


CEO Compensation Analysis

Compensation vs Market: Anil's total compensation ($USD411.74K) is above average for companies of similar size in the Indian market ($USD285.02K).

Compensation vs Earnings: Anil's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 500219's management team is seasoned and experienced (28 years average tenure).


Board Members

Experienced Board: 500219's board of directors are considered experienced (9.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.3%.


Top Shareholders

Company Information

Jain Irrigation Systems Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Jain Irrigation Systems Limited
  • Ticker: 500219
  • Exchange: BSE
  • Founded: 1963
  • Industry: Agricultural and Farm Machinery
  • Sector: Capital Goods
  • Implied Market Cap: ₹28.749b
  • Shares outstanding: 594.62m
  • Website: https://www.jains.com

Number of Employees


Location

  • Jain Irrigation Systems Limited
  • Jain Plastic Park
  • NH No. 6
  • Jalgaon
  • Maharashtra
  • 425001
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 12:00
End of Day Share Price2022/01/17 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.