Live Jain Irrigation Systems Share Price Chart

O 58.6

H 58.6

L 58.6

VOL 18940

Jain Irrigation Systems Performance

Days Range

Low: ₹57.60
High: ₹59.60
Previous Close ₹58.10
Open ₹58.60
Volume 50,35,183
Day’s Range ₹57.60 - ₹59.60
52W Range ₹34.35 - ₹73.45
Market Cap ₹3,942.84 Cr

Jain Irrigation Systems Fundamentals

ROCE (TTM) 4.94
P/E Ratio (TTM) 3.76
P/B Ratio 0.72
Industry P/E 49.82
Debt to Equity 0.73
ROE -1.1297
Dividend Yield 0
Book Value 80.6
Face Value 2

Jain Irrigation Systems Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales1,745.411,701.041,361.921,357.77
Profit before tax-94.2854.7616.6510.93
Operating Profit976.8936.648.258.59
Net Profit976.8936.648.258.59
EPS in Rs15.840.560.110.14

About Jain Irrigation Systems


In 1963, Mr. Bhavarlal Jain founded the family business in trading while selling kerosene in a pushcart. Thereafter, he established agencies for two-wheelers, auto vehicles and automobile accessories. In the following decade, agencies for farm inputs such as fertilisers, seeds, and pesticides were also added. In 1978, they took over a 14-year-old, sick banana powder plant and then modified it for the production of Papain from Papaya latex. They started exporting refined Papain from that plant. In 1980, they started manufacturing PVC Pipes and then expanded to further Casing and Screen Piping Systems exports.

In 1989, the company pioneered water management through its micro Irrigation efforts, introducing some hi-tech concepts to Indian agriculture like the ‘Integrated System Approach’. The company also got listed in the BSE in January 1989. In 1994, the company set up food processing facilities for the dehydration of onion and other vegetables, as well as the production of pulp and concentrates of tropical fruits such as Mango, Banana, Papaya, Guava, Tomato and Aonla. The company’s spice processing plant is the biggest in the country and it produces spices such as Cumin, Chilli, Coriander, Black Pepper, Garlic, Turmeric and Ginger powders.

In 2006, the company acquired multiple facilities in fruit processing, dehydration, etc. In 2010, they commenced a biogas-based captive power plant and also a photovoltaic panel assembly line. In 2012, they commenced a solar power plant as well. In 2016, they began a retail business of Jain Farmfresh Foods Ltd as well as the smart, clean and automatic screen filter production. In 2018, they built Jain Logic, a software for analytical purposes related to irrigation systems. In 2019, Jain Farm Fresh launched 2 new products, viz. Frussh and Fruzen.

Business Segments

The company is in the business of producing the following:

  1. Drip irrigation solutions – This segment involves the production of drip lines, tubes and other kits, polyfittings and valves.
  2. Micro and Mini Sprinklers – This segment includes the production of micro irrigation equipment such as Jets, misters, foggers, bubblers, etc.
  3. Hose Reel and Boom Irrigation – These irrigation solutions are hose-based water sprinklers on mounted vehicles.
  4. Filters, Dosing Pumps and Injectors – These solutions are used for pesticide injection and sprays applied to buildings.
  5. PVC and HDPE Piping Systems – These are various types of piping systems based on PVC and other materials.
  6. Plumbing and Drainage Systems – These are basic plumbing solutions for urban and rural areas.
  7. Plastic sheets – These are PVC-based plastic sheets used for engineering purposes.
  8. Planting material – These include tissue culture plants, seedlings, grafted plants, etc.
  9. Green energy products – These are solar energy solutions like pumping systems, water heating systems, power generation solutions, etc.
  10. Turnkey projects – These are various custom-built solutions in the above areas.


Some of the subsidiaries of Jain Irrigation System include:

  1. Jain Farm Fresh Ltd – This is a retail business for spices, tea, fruits and processed food products.
  2. Jain America Inc., USA – This subsidiary handles the operations of the company in the US.
  3. Gavish Control Systems Ltd, Israel – This company provides software and other equipment for analysing and controlling agricultural markets.
  4. Excel Plastics Piping Systems SAS, France – This subsidiary focuses on exports of plastic piping systems to France.

Key Personnel

Ashok Bhavarlal Jain, Chairperson, Executive Director

He is the eldest son of the late Dr Bhavarlal Jain, i.e. the Founder Chairman. Over the years, he has worked in various departments of the company, including import-export, administration, Papain, PVC pipe manufacturing, HR management, public relations, etc.

Corporate Actions

The following are the corporate actions performed by the company in the recent past:

Bonus Issue

The company issued bonus shares at a 1:20 ratio with a record date of November 9, 2011.

Stock Split

The company split its stock from a face value of ₹10 to ₹2 per share with a record date of November 1, 2010.

Mergers and Acquisitions

  • In 2017, it acquired Observant, an irrigation company in the USA.
  • In 2015, it acquired Driptech, an irrigation company in India and PureSense, an irrigation control company in the USA.
  • In 2014, it acquired Gavish Control System Ltd, a microirrigation and analytics company in Israel.
  • In 2012, it acquired White Oaks, a frozen food company in the USA.
  • In 2011, it acquired Protool, an equipment manufacturing company in Switzerland.
  • In 2008, it acquired THE Machine, an equipment manufacturing company in Switzerland.
  • In 2007, it acquired Acquirius, an irrigation company in Germany.
Parent Organisation Indian Private
Founded 1986
Managing Director Ashok B Jain

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Jain Irrigation Systems FAQs

What is the Share price of Jain Irrigation Systems (JISLJALEQS)?

Jain Irrigation Systems (JISLJALEQS) share price as of April 23, 2024, on NSE is Rs 59.30 (NSE) and Rs 59.10 (BSE) on BSE.

Can I buy Jain Irrigation Systems (JISLJALEQS) shares?

Yes, You can buy Jain Irrigation Systems (JISLJALEQS) shares by opening a Demat account with Angel One.

How do I buy Jain Irrigation Systems (JISLJALEQS) from Angel One?

Jain Irrigation Systems (JISLJALEQS) share can be brought through the following modes:
  1. Direct investment: You can buy Jain Irrigation Systems (JISLJALEQS) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Jain Irrigation Systems (JISLJALEQS) shares.

Is Jain Irrigation a Debt free Company?

No, Jain Irrigation is not a debt free company.

What is the main business of Jain Irrigation?

The main business of Jain Irrigation, the world’s largest micro-irrigation company, is to manufacture precision-irrigation products, including drip irrigation, sprinkler irrigation, planting material, mini and micro sprinkler, filters, plastic sheets, dosing pumps, PVC, hose reel, boom irrigation, draining and plumbage systems.

Who are the promoters of Jain Irrigation?

Some of the primary promoters of Jain Irrigation include Jalgaon Investments Private Limited, Cosmos Investment and Trading Pvt Ltd, JAF Products Pvt. Ltd., Late Bhavarlal Hiralal Jain, Ajit Bhavarlal Jain, Jyoti Ashok Jain, Shobhana Ajit Jain, Ashok Bhavarlal Jain, Amoli Anil Jain, and Arohi Ashok Jain.

What are the Subsidiaries that comes under Jain Irrigation?

Some of the main subsidiaries that come under Jain Irrigation are Jain Farm Fresh Foods Limited, Jain Processed Foods Trading and Investments Private Ltd., Jain International Trading B. V. , and JISL Overseas Limited.