Jain Irrigation Systems Ltd

Plastic products|Indian Private HSL Code: JAIIRR   |   BSE Code: 500219  |   NSE Symbol: JISLJALEQS  |   ISIN: INE175A01038

Jain Irrigation Systems Limited (JISL) was consolidated in 30th December of the year 1986. JISL is an enhanced Company of Irrigation Products. There is a whole other world to Jain Irrigation than watering system. The Corporation has multi item mechanical profile and producers of Drip and Sprinkler Irrigation Systems and Components; PVC, Polyethylene (HDPE, MDPE) & Polypropylene Piping Systems; Plastic Sheets (PVC & PC sheets); Dehydrated Onions and Vegetables; Processed Fruits; Tissue Culture, Hybrid & Grafted Plants; Greenhouses, Poly and Shade Houses; Bio-manures; Solar Water Heating Systems and Solar Photovoltaic Appliances (Solar lighting frameworks) and Bio-Energy sources.

JISL render consultancy for complete or fractional venture arranging and execution e.g. Watershed or Wasteland and/or Crop Selection and Rotation. Business Divisions of the organization includes Agricultural, Food Processing (Seasonal), Irrigation, Plastic Sheet and Solar. Every one of the divisions of JISL were ensured as ISO-9001: 2001. Smaller scale Irrigation Systems of the organization was begun in the year 1989, JSIL works and attempted to pioneer Water-administration through Micro Irrigation in India. Amid that year 1989, the Company added to its R & D ranch at Mohadi (Jalgaon Dist), which was being utilized as a showing plot for advancement of the idea of miniaturized scale watering system frameworks.

Amid the year 1993, JISL settled a Memorandum of Understanding (MoU) with Azrom Metal Industries Ltd of Israel for assembling of green houses and plant spread passages close town Mohadi in Jalgaon region furthermore went into a specialized coordinated effort concurrence with Amcor Ltd, Israel for production of Solar Water warming frameworks at Jalgaon. In the year 1994 Jain Irrigation had set-up the world-class sustenance preparing offices for lack of hydration of onion, vegetable and generation of natural product purees, focuses and mash. These plants are ISO 9001 & HACCP ensured and Meet International FDA statute prerequisites. The Company up to this point went into the undiscovered zone of expansive scale business implementing so as to cultivate MIS in Corporate farming tasks in the year 1994. Amid that year 1994, JSIL had embraced usage of a 100% fare situated unit with independent industrial facility at Bambhori for the assembling of polytubes and mouled open segments and marked a MOU with a South African Company for production and promoting of their recently imagined sprinklers.

Jain Plastics & Chemicals Ltd, Jain Kemira Fertilizers Ltd and Jain Rahan Biotech Ltd were amalgamated with the Company in the year 1996. The assembling office of PVC Pipes was expanded its ability to more than 35,600 MT`s per annum in the year 1997, therefore, the organization got to be as the biggest single maker of PVC Pipes in the nation furthermore in the indistinguishable year the organization made a specialized coordinated effort with RIS of Italy for trickle watering system frameworks and with Chapin Watermatios of US for multi-chambered dribble watering system. Amid 2002-03 the organization was chosen alongside six merchants who has been granted the Government of AP`s APMI venture. Rs.1200 crore undertakings were to be executed in 2 stages over a time of 2 years. Out of the seven sellers, JIS Ltd apportioned the most astounding zone of 36000 hectares in the Phase I of 135000 hectares.

JISL marked a MoU with State Bank of India (SBI) in the year 2004 for term advances to ranchers for acquiring capital inputs from the organization. Amid 2004-05 the organization has expanded the introduced limit of Polytube and Laterals, Injection Molded Components, HDPE Pipes and fittings, PVC Sheets, Dehydrated Onions & Vegetables, Fruit Puree & Concentrate and Tissue Culture Plants by 600 MT, 200 MT, 6174 MT, 9880 MT, 800 MT, 9100 MT and 2000000 NOS separately. Further the organization has put in new limits of Slabs/Tiles and Monuments with a limit of 45000 Sq.Mtr and 15000 C.Ft. separately. JISL gained the mango preparing business from Parle Bisleri Pvt Ltd amid February of the year 2006 for the aggregate thought of Rs.14 crore as an on-going business furthermore procured the Watertech. Jain Irrigation has been named as one of the eight Indian organizations anticipated that would develop as challengers to the World`s driving organizations by Standard and Poor as of late in May of the year 2007.

JISL and Mekorot, the National Water Company of Israel had marked a MoU in February of the year 2008 for chipping in and cooperating in India in undertakings identified with water framework in the nation. As of March 2008, the organization obtained the 69.75% shareholding of Thomas Machines S.A. of Switzerland (THE) with full administration and operational control. JISL marked a MoU with the Government of Maharashtra in May of the year 2008 containing two Mega Projects with an expected speculation of Rs. 550 Crores covering agro based and related items in the modernly in reverse region of Jalgaon. Amid June of the year 2008, JISL regarded with the Dun & Bradstreet (D&B) - Export Credit Guarantee Corporation of India Ltd (ECGC) Indian Exporters` Excellence Award in the Food & Agro Products division.

Quarterly Results:

Rs. in Cr.	Jun 2015	Mar 2015	Dec 2014	Sep 2014	Jun 2014
Net Sales Turnover	1,587.41	2,042.53	1,291.88	1,270.16	1,553.37
Other Income	10.17	15.56	5.58	9.71	6.53
Total Income	1,597.58	2,058.09	1,297.46	1,279.87	1,559.90
Total Expenses	1,394.69	1,767.47	1,188.54	1,138.35	1,356.99
EBITDA	202.89	290.62	108.92	141.52	202.91
Depreciation	61.31	60.86	60.59	61.22	61.39
EBIT	141.58	229.76	48.33	80.30	141.52
Interest	119.47	115.63	120.46	115.17	118.02
PBT	22.11	114.13	-72.13	-34.87	23.50
Tax	4.02	16.84	-32.58	-11.34	3.16
PAT	18.09	97.29	-39.55	-23.53	20.34
Minority Interest	0.00	-0.40	0.13	0.06	0.21
Net Profit	18.76	98.53	-39.68	-23.59	20.13
Equity	92.48	92.48	92.48	92.48	92.48
Earning Per Share	0.41	2.14	-0.86	-0.51	0.44
Face Value	2.00	2.00	2.00	2.00	2.00
Dividend (%)	0.00	0.00	0.00	0.00	0.00