Jain Irrigation Systems Limited (JISLDVREQS) — Board Meeting | 10 August 2026 (4 announcements)

Jain Irrigation Systems Limited announced voting results from its 39th Annual General Meeting held on August 10, 2026, where all five proposed resolutions were passed with overwhelming shareholder approval. The resolutions included adoption of audited financial statements for FY2026, reappointment of a retiring director, ratification of cost auditor remuneration, and appointments under Section 188 of the Companies Act. Voting was conducted electronically and in-person, with promoters and institutional shareholders participating via proxy and video conferencing. Scrutinizer Amrita Nautiyal confirmed no invalid votes and full compliance with SEBI regulations. The outcome reflects strong governance and shareholder alignment with management proposals.

The board approved unaudited standalone and consolidated financial results for Q3 FY2026 ending June 30, 2026, showing total income of ₹710.69 crores, down from ₹1,005.23 crores in Q2FY26 and ₹921.98 crores in Q3FY25. Profit before tax turned negative at ₹-17.43 crores, while profit after tax was ₹-13.94 crores, compared to positive figures in prior periods. The filing includes segment-wise data and auditor review status.

Jain Irrigation Systems reported Q1 FY27 consolidated revenue of ₹1,508.4 crore, down 2.4% YoY, with adjusted PAT at ₹3.13 crore (-17.8% YoY). EBITDA fell 18.7% to ₹164.3 crore, while margins contracted to 10.9%. The company highlighted improved working capital cycle by 27 days YoY and positive cash flow from operations at 78% of EBITDA. Management expects double-digit revenue growth in FY27 and reaffirmed EBITDA margin guidance of 12.5-14% for the year, citing stabilizing raw material prices and improved monsoon timing.

Jain Irrigation reported consolidated revenue of ₹1,508 crore for Q1 FY27, down 2.4% YoY, with EBITDA at ₹164 crore (-18.7% YoY). Adjusted PAT fell 89.7% to ₹3.1 crore, while PAT declined 259.1% to -₹17.8 crore. Cash PAT was ₹55.9 crore, down 29.4%. The company cited polymer price volatility and monsoon timing affecting domestic pipe sales, but noted improving momentum in May-June and successful raw material cost pass-through. It reaffirmed FY27 revenue growth guidance and EBITDA margins of 14% standalone/12.5% consolidated, expecting stronger H2 performance.