Integrated Filing — IndAS



General information about company
Scrip Code 500219
NSE Symbol JISLJALEQS
MSEI Symbol NOTLISTED
ISIN INE175A01038
Name of company JAIN IRRIGATION SYSTEMS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 14-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 07-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 14-May-2025   10:30:00
End date and time of board meeting 14-May-2025   12:35:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 17487300000 57793400000
Other income 14200000 139000000
Total income 17501500000 57932400000
2 Expenses
(a) Cost of materials consumed 8947700000 32580700000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 1362400000 738000000
(d) Employee benefit expense 1749200000 6848400000
(e) Finance costs 1113700000 4329300000
(f) Depreciation, depletion and amortisation expense 672500000 2531500000
(f) Other Expenses
1 Other Expenses 3191600000 10458500000
2 Share/(loss) of profit in associate -1600000 18800000
Total other expenses 3190000000 10477300000
Total expenses 17035500000 57505200000
3 Total profit before exceptional items and tax 466000000 427200000
4 Exceptional items 0 0
5 Total profit before tax 466000000 427200000
6 Tax expense
7 Current tax 8000000 121400000
8 Deferred tax 176200000 86500000
9 Total tax expenses 184200000 207900000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 281800000 219300000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 281800000 219300000
17 Other comprehensive income net of taxes 30300000 231300000
18 Total Comprehensive Income for the period 312100000 450600000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 289100000 335400000
Total profit or loss, attributable to non-controlling interests -10500000 -78500000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 337900000 781800000
Total comprehensive income for the period attributable to owners of parent non-controlling interests 1300000 -11000000
21 Details of equity share capital
Paid-up equity share capital 1382200000 1382200000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 54819400000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.42 0.49
Diluted earnings (loss) per share from continuing operations 0.41 0.48
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0.42 0.49
Diluted earnings (loss) per share from discontinued operations 0.41 0.48
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.84 0.98
Diluted earnings (loss) per share from continuing and discontinued operations 0.82 0.96
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1.tThe audited Consolidated financial results of Jain Irrigation Systems Limited the Company which includes the financial information of its Subsidiaries collectively the Group and its interest in one Associate for the quarter and year ended March 31 2025 have been reviewed by the Audit Committee and subsequently approved by the Board of Directors of the Company at its meeting held on May 14 2025 and are available on the Companys website www.jains.com. n n2.t The statutory Auditors Ms Singhi and Co Chartered Accountants, have carried out Audit of the results for the quarter and year ended March 31, 2025. n n3.tOther expenses include foreign exchange loss and derivatives loss of Rs. 163 lacs, loss of Rs. 1,345 lacs and Rs. 865 lacs for the quarter ended March 31, 2025, quarter ended December 31, 2024 and quarter ended March 31, 2024 respectively. The amount for the year ended March 31, 2025 and for the year ended March 31, 2024 are loss of Rs. 2,855 lacs and Rs. 44 lacs respectively. n n4.tFinance cost includes non-cash transaction being unwinding of 0.01 percent NCDsECBs as per effective interest rate of Rs. 1,856 lacs, Rs. 1,844 lacs and Rs. 1,674 lacs for the quarter ended March 31, 2025, quarter ended December 31, 2024 and quarter ended March 31, 2024 respectively. The amount for the year ended March 31, 2025 and for the year ended March 31, 2024 are Rs. 7,215 lacs and Rs. 6,476 lacs respectively. n n5.tThe ESOP Committee of the Parent Company has allotted 4,356,000 equity shares of Rs. 2 each to the option grantees pursuant to exercise of options under the Company’s Employee Stock Option Plan 2011. As a result of such allotment, the paid up equity share capital of the Company has increased from 686,761,865 equity shares to 691,117,865 equity shares of face value of Rs. 2 each. n n6.tCompletion of Accounts as envisaged under the Transaction documents relating to sale of International Irrigation Business Undertaking discontinued operations has been concluded during the quarter and year ended March 31, 2024 and the resultant impact of Rs. 4,821 lacs has been recognised as loss related to sale of discontinued operation. n n7. Pursuant to the amendment introduced by the Finance Act, 2024, which withdraws the indexation benefit on long-term capital gains and results in a change in the applicable tax rate on such gains, the Parent Company has remeasured the deferred tax liability recognised on the fair valuation of land at the date of transition to Ind AS i.e., 1 April 2015. In accordance with applicable Indian accounting standards, the resulting impact of Rs. 10,715 lacs has been recognised in other equity, as the underlying deferred tax liability was originally created through other equity. n n7.tDuring the previous year ended March-24, the Parent Company received Rs. 4,989 lacs as 25 percent money against the subscription of 42,786,430 equity share warrants to be converted into equity shares upon payment of balance 75 percent by May 2025. n n9. The figures for the quarter ended March-25 are the balancing figures between audited figures in respect of full financial year up to March 31, 2025/March 31,2024 and the unaudited published year to date figures up to December 31, 2024 /December 31,2023 being the figures up to the end of the third quarter of financial year which were subject to limited review. n n10. The figures of the previous period year have been regrouped, rearranged, reclassified or reworked as necessary to confirm the current quarter period classification. n n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 39356600000
Capital work-in-progress 438400000
Investment property 115000000
Goodwill 1477900000
Other intangible assets 304700000
Intangible assets under development 2671300000
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 12220900000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 350400000
Total non-current financial assets 12571300000
Deferred tax assets (net) 1757000000
Other non-current assets 1987100000
Total non-current assets 60679300000
2 Current assets
Inventories 20093600000
Current financial asset
Current investments 0
Trade receivables, current 21220800000
Cash and cash equivalents 803600000
Bank balance other than cash and cash equivalents 207300000
Loans, current 289100000
Other current financial assets 11199000000
Total current financial assets 33719800000
Current tax assets (net) 0
Other current assets 0
Total current assets 53813400000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 114492700000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1382200000
Other equity 54819500000
Total equity attributable to owners of parent 56201700000
Non controlling interest 1395400000
Total equity 57597100000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 12823000000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 2253400000
Total non-current financial liabilities 15076400000
Provisions, non-current 550000000
Deferred tax liabilities (net) 220100000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 15846500000
Current liabilities
Current financial liabilities
Borrowings, current 24910700000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 783300000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 8773400000
Total Trade payable 9556700000
Other current financial liabilities 3233400000
Total current financial liabilities 37700800000
Other current liabilities 2939500000
Provisions, current 253700000
Current tax liabilities (Net) 155100000
Deferred government grants, Current 0
Total current liabilities 41049100000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 56895600000
Total equity and liabilites 114492700000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Hi-tech Agri Input Products 6138300000 19318800000
2 Plastic Division 5873100000 19486600000
3 Agro Processing Division 5448200000 18858500000
4 Other Business Division 27700000 129500000
5 Exceptional Item (Net) 0 0
6 Share of (profit)/loss in associate (net of tax) 0 0
Total Segment Revenue 17487300000 57793400000
Less: Inter segment revenue 0 0
Revenue from operations 17487300000 57793400000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Hi-tech Agri Input Products 1202400000 3460300000
2 Plastic Division 745300000 2484200000
3 Agro Processing Division 321600000 766000000
4 Other Business Division -53700000 -123500000
5 Exceptional Item (Net) 0 0
6 Share of (profit)/loss in associate (net of tax) 1600000 -18800000
Total Profit before tax 2217200000 6568200000
i. Finance cost 1113700000 1113700000
ii. Other Unallocable Expenditure net off Unallocable income 637500000 637500000
Profit before tax 466000000 427200000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Hi-tech Agri Input Products 48110000000 48110000000
2 Plastic Division 17504500000 17504500000
3 Agro Processing Division 29821700000 29821700000
4 Other Business Division 584000000 584000000
5 Exceptional Item (Net) 0 0
6 Share of (profit)/loss in associate (net of tax) 0 0
Total Segment Asset 96020200000 96020200000
Un-allocable Assets 18472500000 18472500000
Net Segment Asset 114492700000 114492700000
4 Segment Liabilities
Segment Liabilities
1 Hi-tech Agri Input Products 5589200000 5589200000
2 Plastic Division 5838900000 5838900000
3 Agro Processing Division 18659000000 18659000000
4 Other Business Division 182100000 182100000
5 Exceptional Item (Net) 0 0
6 Share of (profit)/loss in associate (net of tax) 0 0
Total Segment Liabilities 30269200000 30269200000
Un-allocable Liabilities 28021800000 28021800000
Net Segment Liabilities 58291000000 58291000000
Disclosure of notes on segments Textual Information(2)



Text Block
Textual Information(2) n1.tGroup has considered business segment for reporting purpose, primarily based on customer category. nThe products considered for the each business segment are: n na. tHi tech Agri Input Products division includes Micro Irrigation Systems, Solar Agri Pump,Integrated Irrigation Projects and Tissue Culture Plants. nb. Plastic Division includes PVC Piping Products, PE Piping Products, Piping Projects and Plastic Sheets. nc. Agro Processing includes Fruits,Onion Products, Spices and Bio Gas. nd. Other divisions include Solar Thermal Products, Solar Photovoltaic System, Solar Power Pack, Solar Power generation and Agri R and D Activities. n n2. The revenue and results figures given above are directly identifiable to respective segments and expenditure on common services incurred at the corporate level are not directly identifiable to respective segments have been shown as Other Un allocable Expenditure. n3. Segment Assets and Liability figures given above are directly identifiable to respective segments and Assets and Liability for corporate services for head office and investments have been shown as Un allocable. n 4. Total segment liabilities includes non-controlling interest of Rs 13,954 lacs, Rs 13,939 lacs and Rs 13,654 lacs as at March 31, 2025, December 31, 2024 and March 31, 2024 respectively. n



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of defined benefit obligations -15300000 -8100000
2 Income tax relating to the above items 5200000 2800000
3 Share of OCI in associate -200000 -200000
Total Amount of items that will not be reclassified to profit and loss -10300000 -5500000
2 Income tax relating to items that will not be reclassified to profit or loss 0 0
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss -40600000 -236800000
5 Total Other comprehensive income 30300000 231300000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 427200000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 4329300000
Adjustments for decrease (increase) in inventories -183000000
Adjustments for decrease (increase) in trade receivables, current 859000000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -170900000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current -155300000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 1051800000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities -194200000
Adjustments for depreciation and amortisation expense 2531500000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 171900000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current -184900000
Adjustments for other financial liabilities, non-current 427500000
Adjustments for unrealised foreign exchange losses gains -165700000
Adjustments for dividend income 139000000
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) -182300000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 600000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -51000000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships -18600000
Total adjustments for reconcile profit (loss) 7926700000
Net cash flows from (used in) operations 8353900000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) -73800000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 8427700000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 81700000
Purchase of property, plant and equipment 2454400000
Proceeds from sales of investment property 0
Purchase of investment property 100000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 89800000
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash -3900000
Net cash flows from (used in) investing activities -2286900000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 99000000
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 141100000
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 390200000
Repayments of borrowings 2965100000
Payments of lease liabilities 322400000
Dividends paid 1700000
Interest paid 3553500000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -6212400000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -71600000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -71600000
Cash and cash equivalents cash flow statement at beginning of period 875200000
Cash and cash equivalents cash flow statement at end of period 803600000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Singhi & Company Yes 31-Aug-2025