JISLJALEQS2024-01-012024-03-31 JISLJALEQS2024-01-012024-03-31 JISLJALEQS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member JISLJALEQS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member JISLJALEQS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member JISLJALEQS2024-03-31 JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue03Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue04Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue05Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue06Member JISLJALEQS2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member JISLJALEQS2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member JISLJALEQS2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue03Member JISLJALEQS2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue04Member JISLJALEQS2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue05Member JISLJALEQS2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue06Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults03Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults04Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults05Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults06Member JISLJALEQS2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member JISLJALEQS2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member JISLJALEQS2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults03Member JISLJALEQS2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults04Member JISLJALEQS2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults05Member JISLJALEQS2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults06Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets03Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets04Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets05Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets06Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member JISLJALEQS2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member JISLJALEQS2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member JISLJALEQS2024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member JISLJALEQS2024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities05Member JISLJALEQS2024-03-31in-bse-fin:OneReportableSegmentLiabilities05Member JISLJALEQS2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities06Member JISLJALEQS2024-03-31in-bse-fin:OneReportableSegmentLiabilities06Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500219 JISLJALEQS NOTLISTED Jain Irrigation Systems Limited Equity 2023-04-01 2024-03-31 2024-05-18 2024-05-10 INR Lakhs Yearly 09:30:00 13:00:00 2024-05-18 2024-05-18 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Consolidated 17265700000.00 -73200000.00 17192500000.00 9179600000.00 0.00 472700000.00 1621000000.00 1063700000.00 649700000.00 3752600000.00 16739300000.00 453200000.00 0.00 453200000.00 2200000.00 75700000.00 77900000.00 0.00 375300000.00 -482100000.00 0.00 -482100000.00 0.00 -106800000.00 9900000.00 -96900000.00 -87900000.00 -18900000.00 -77400000.00 -19500000.00 1373500000.00 2 0.58 0.54 -0.72 -0.68 -0.14 -0.14 1 The audited Consolidated financial results for the quarter and year ended March 31, 2024 were reviewed by the Audit Committee meeting and approved by the Board of Directors of the Company at its meeting held on May 18, 2024 and are available on the parent Company’s website - www.jains.com. 2 The statutory Auditors - M/s Singhi & Co., Chartered Accountants, have carried out statutory audit of the results for the quarter and year ended March 31, 2024. 3 During the year ended March 31, 2024, the Company received Rs.4,989 lacs as 25% money against the subscription of 42,786,430 Equity Share Warrants to be converted into Equity Shares upon payment of balance 75% by May 2025. During the year ended March 31, 2024, the Parent company received the balance 75% of allotment money amounting to Rs.13,603 lacs (Nil for the quarter ended March 31, 2024) from the warrant holders against the allotment of 62,822,877 Ordinary Equity Shares (Nil for the quarter ended March 31, 2024) on conversion of the Equity Share Warrants. 4 Finance cost includes non-cash transaction being unwinding of 0.01% NCDs/ECBs as per effective interest rate of Rs. 1,674 lacs, Rs.1,646 lacs and Rs.6,476 lacs for the quarter ended March 31, 2024, quarter ended December 31, 2023 and year ended March 31, 2024 respectively. The corresponding figure for the quarter ended March 31, 2023 and year ended March 31, 2023 is Rs.1,734 lacs and Rs.6,944 lacs respectively. Further, Finance cost for the year ended March 31,2023 Includes loss on modification of non-convertible debentures (NCD) of Rs.4,421 lacs resulting from change in amount and timing of expected cash flow payments on NCD and for other reporting periods the amount is Nil. 5 Exceptional Items includes various expenses in relation to Resolution Plan incurred by the company of Rs.1,479 lacs during the year ended March 31, 2023 and Rs.687 lacs for the quarter ended Mar 31, 2023. 6 Other income includes foreign exchange gain and derivatives gain of Rs.(825) lacs, Rs.620 lacs and Rs.5 lacs for the quarter ended Mar-24, quarter ended Dec-23 and for the year ended Mar-24 respectively. The corresponding amount of foreign exchange gain and derivatives gain for the quarter ended Mar-23 and year ended Mar-23 are Rs.(1,092) lacs and Rs.5,153 lacs respectively. 7 On March 29, 2023, Jain International Trading B.V., Netherlands (JITBV) a wholly-owned subsidiary of parent Company and Rivulis completed the transaction contemplated therein. All the regulatory approvals related to the merger of multiple overseas subsidiaries of JITBV have been received by both entities. The condition precedent required by Share Purchase Agreement entered into by Rivulis Pte. Ltd & Jain International Trading B.V, have been satisfied. Jain (Israel) B.V. (step down subsidiary of JITBV) is holding a minority stake of ~18.7% in Rivulis Pte. Ltd post-merger. A proportion of the transaction proceeds is utilised for repayment debt of International Irrigation Business (IIB) and JITBV along with other liability/ies leading to significant reduction in debt at consolidated level. Completion of Accounts as envisaged under the Transaction documents has been concluded during the current quarter and the resultant impact of Rs. 4,821 lacs has been recognised as loss related to sale of discontinued operation. 8 The figures of the last quarter are the balancing figures between audited figures in respect of full financial year up to March 31, 2024/ March 31, 2023 and the unaudited published year-to- date figures up to December 31, 2023 / December 31, 2022 being the figures up to the end of the third quarter of financial year respectively which were subject to limited review. 9 The previous year/period figures have been regrouped, rearranged, reclassified or reworked as necessary to confirm the current quarter/year classification. Multi segment 2023-04-01 2024-03-31 Audited Consolidated 61473000000.00 46200000.00 61519200000.00 35130800000.00 0.00 -64500000.00 6184900000.00 4187000000.00 2425900000.00 12378500000.00 60242600000.00 1276600000.00 0.00 1276600000.00 145700000.00 220800000.00 366500000.00 0.00 910100000.00 -482100000.00 0.00 -482100000.00 0.00 428000000.00 171400000.00 599400000.00 452400000.00 -24400000.00 617100000.00 -17700000.00 1373500000.00 2 53042800000.00 1.39 1.32 -0.72 -0.68 0.67 0.64 Other Expences 3750700000.00 Share/(loss) of profit in associate 1900000.00 Other Expences 12384200000.00 Share/(loss) of profit in associate -5700000.00 1365400000.00 39253200000.00 255500000.00 137900000.00 1477900000.00 288600000.00 1264400000.00 0.00 0.00 11899300000.00 0.00 0.00 433000000.00 12332300000.00 846800000.00 1909700000.00 57766300000.00 19712500000.00 0.00 22210600000.00 875200000.00 203400000.00 368700000.00 10840000000.00 34497900000.00 0.00 0.00 54210400000.00 0.00 0.00 111976700000.00 1373500000.00 53042800000.00 54416300000.00 55781700000.00 14649000000.00 0.00 861600000.00 15510600000.00 500700000.00 317800000.00 0.00 85600000.00 16414700000.00 24893100000.00 8525800000.00 3492400000.00 36911300000.00 2511900000.00 214900000.00 142200000.00 0.00 39780300000.00 0.00 0.00 56195000000.00 111976700000.00 Agro Processing Division 4752400000.00 Exceptional Item (Net) 0.00 Hi-tech Agri Input Products 5254100000.00 Other Business Division 255500000.00 Plastic Division 7003700000.00 Share of (profit)/loss in associate (net of tax) 0.00 Agro Processing Division 17472600000.00 Exceptional Item (Net) 0.00 Hi-tech Agri Input Products 20045800000.00 Other Business Division 337500000.00 Plastic Division 23617100000.00 Share of (profit)/loss in associate (net of tax) 0.00 17265700000.00 61473000000.00 0.00 0.00 17265700000.00 61473000000.00 Agro Processing Division 428800000.00 Exceptional Item (Net) 0.00 Hi-tech Agri Input Products 1021000000.00 Other Business Division 110500000.00 Plastic Division 988900000.00 Share of (profit)/loss in associate (net of tax) 1900000.00 Agro Processing Division 1425700000.00 Exceptional Item (Net) 0.00 Hi-tech Agri Input Products 3726300000.00 Other Business Division 35500000.00 Plastic Division 2971000000.00 Share of (profit)/loss in associate (net of tax) -5700000.00 2551100000.00 8152800000.00 1063700000.00 4187000000.00 1030400000.00 Segment Note 1.Group has considered business segment for reporting purpose, primarily based on customer category. The products considered for the each business segment are: a) Hi-tech Agri Input Products division includes Micro Irrigation Systems,Solar Agri Pump,Intergrated Irrigation Projects and Tissue Culture Plants. b) Plastic Division includes PVC Piping Products, PE Piping Products, Piping Projects and Plastic Sheets. c)Agro Processing includes Fruits,Onion Products, Spices and Bio Gas. d)Other division includes Solar Thermal Products, Solar Photovoltaic System, Solar Power Pack, Solar Power generation and Agri R&D Activities 2. The revenue & results figure 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”. 3. Segment Assets & Liability figures given above are directly identifiable to respective segments and Assets & Liability for corporate services for head office and investments have been shown as “Un-allocable”. 2700600000.00 457000000.00 1265200000.00 Agro Processing Division 29628400000.00 Exceptional Item (Net) 0.00 Hi-tech Agri Input Products 46199200000.00 Other Business Division 894000000.00 Plastic Division 17056900000.00 Share of (profit)/loss in associate (net of tax) 0.00 93778500000.00 18198200000.00 111976700000.00 Agro Processing Division 18477800000.00 Exceptional Item (Net) 0.00 Hi-tech Agri Input Products 5236300000.00 Other Business Division 86700000.00 Plastic Division 5424700000.00 Share of (profit)/loss in associate (net of tax) 0.00 29225500000.00 28334900000.00 57560400000.00 4187000000.00 -390100000.00 -675500000.00 0.00 -567700000.00 0.00 0.00 942700000.00 0.00 -1518400000.00 0.00 -249700000.00 151600000.00 2425900000.00 -482100000.00 681800000.00 -170800000.00 0.00 0.00 -63800000.00 0.00 0.00 0.00 -139100000.00 0.00 1000000.00 0.00 0.00 -5600000.00 4127200000.00 5403800000.00 -45700000.00 0.00 0.00 10200000.00 0.00 5347900000.00 0.00 709800000.00 0.00 0.00 0.00 0.00 0.00 0.00 86600000.00 2278700000.00 0.00 320000000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 44100000.00 0.00 29200000.00 0.00 -3148600000.00 4700000.00 0.00 1360300000.00 498900000.00 0.00 0.00 0.00 0.00 -501100000.00 0.00 0.00 243400000.00 1400000.00 3618800000.00 0.00 0.00 -2500800000.00 -301500000.00 0.00 -301500000.00 1176700000.00 875200000.00 -3700000.00 -1300000.00 0.00 0.00 -13600000.00 -172700000.00