Jain Irrigation Systems Ltd-DVR

Jain Irrigation Systems Ltd-DVR

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About

Jain Irrigation Systems Limited was established in 1986. The Co. manufactures Micro Irrigation Systems, PVC Pipes, HDPE Pipes, Plastic Sheets, Agro Processed Products, Renewable Energy Solutions, Tissue Culture Plants, and other agricultural inputs.
The Co. introduced the Internet of Things (IoT) in the agri-sector and is leading efforts to create global solutions with precision agriculture. [1]

Key Points

Company History
The Co. started trading business in agricultural inputs and equipment in 1963, followed by PVC pipe Extrusion plant in 1980, Tissue Culture in 1994. In 2011 it changed its business model to cash and carry.[1]

Market Position
It is the second-largest micro-irrigation Company globally, Ranked 1 as a manufacturer of micro irrigation systems in India, the largest manufacturer of Mango pulp, puree, and concentrate in the world, and the second-largest manufacturer of dehydrated onions is also India’s largest manufacturer of polyethylene pipes, one of the 3 leading PVC pipe manufacturers, & is also the world’s largest manufacturer of Tissue Culture banana plants. [2]

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Pros

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

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Quarterly Results

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Profit & Loss

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Balance Sheet

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Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
30.37% 30.37% 30.37% 30.37% 30.37% 30.37% 30.37% 30.37% 30.37% 30.37% 30.37% 30.37%
0.01% 0.01% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
69.62% 69.62% 69.62% 69.62% 69.62% 69.62% 69.62% 69.62% 69.62% 69.62% 69.62% 69.62%
No. of Shareholders 45,75145,22645,22645,30344,73744,64344,70944,09143,63042,83442,57241,998

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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