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Jain Irrigation Systems

Market Cap

₹9.8b

Last Updated

2021/05/10 14:33 UTC

Data Sources

Company Financials

Executive Summary

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


Snowflake Analysis

Adequate balance sheet and overvalued.


Similar Companies

Share Price & News

How has Jain Irrigation Systems's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: JISLJALEQS is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: JISLJALEQS's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

1.6%

JISLJALEQS

1.9%

IN Machinery

2.4%

IN Market


1 Year Return

125.4%

JISLJALEQS

88.3%

IN Machinery

67.7%

IN Market

Return vs Industry: JISLJALEQS exceeded the Indian Machinery industry which returned 87.6% over the past year.

Return vs Market: JISLJALEQS exceeded the Indian Market which returned 66.7% over the past year.


Shareholder returns

JISLJALEQSIndustryMarket
7 Day1.6%1.9%2.4%
30 Day-0.8%0.7%1.5%
90 Day-7.1%4.6%4.8%
1 Year125.4%125.4%91.0%88.3%70.3%67.7%
3 Year-81.6%-81.9%9.4%4.4%30.2%23.8%
5 Year-70.3%-71.0%63.5%53.0%92.4%77.7%

Long-Term Price Volatility Vs. Market

How volatile is Jain Irrigation Systems's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

0.32x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: JISLJALEQS (₹19.05) is trading above our estimate of fair value (₹3.95)

Significantly Below Fair Value: JISLJALEQS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: JISLJALEQS is unprofitable, so we can't compare its PE Ratio to the IN Machinery industry average.

PE vs Market: JISLJALEQS is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: JISLJALEQS is good value based on its PB Ratio (0.3x) compared to the IN Machinery industry average (1.4x).


Future Growth

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

16.9%

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?

-59.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JISLJALEQS is currently unprofitable.

Growing Profit Margin: JISLJALEQS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: JISLJALEQS is unprofitable, and losses have increased over the past 5 years at a rate of 59.8% per year.

Accelerating Growth: Unable to compare JISLJALEQS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: JISLJALEQS is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-4.4%).


Return on Equity

High ROE: JISLJALEQS has a negative Return on Equity (-23.93%), as it is currently unprofitable.


Financial Health

How is Jain Irrigation Systems's financial position?


Financial Position Analysis

Short Term Liabilities: JISLJALEQS's short term assets (₹62.2B) do not cover its short term liabilities (₹66.0B).

Long Term Liabilities: JISLJALEQS's short term assets (₹62.2B) exceed its long term liabilities (₹29.7B).


Debt to Equity History and Analysis

Debt Level: JISLJALEQS's debt to equity ratio (187.7%) is considered high.

Reducing Debt: JISLJALEQS's debt to equity ratio has reduced from 189.3% to 187.7% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable JISLJALEQS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: JISLJALEQS is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 39.2% per year.


Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate JISLJALEQS'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 JISLJALEQS's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of JISLJALEQS'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?

18.5yrs

Average management tenure


CEO

Anil Jain (54 yo)

29.33yrs

Tenure

₹35,320,847

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 ($USD482.15K) is above average for companies of similar size in the Indian market ($USD40.95K).

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


Leadership Team

Experienced Management: JISLJALEQS's management team is seasoned and experienced (18.5 years average tenure).


Board Members

Experienced Board: JISLJALEQS's board of directors are considered experienced (8.3 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Jain Irrigation Systems Limited
  • Ticker: JISLJALEQS
  • Exchange: NSEI
  • Founded: 1963
  • Industry: Agricultural and Farm Machinery
  • Sector: Capital Goods
  • Market Cap: ₹9.806b
  • Shares outstanding: 515.66m
  • Website: https://www.jains.com

Number of Employees


Location

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

Listings


Biography

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 Processi...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/10 14:33
End of Day Share Price2021/05/10 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


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.