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Jain Irrigation Systems Limited (JISLJALEQS) Fair Value & Analysis

Industrials · IN · Market cap ₹20.8B

JI Jain Irrigation Systems Limited JISLJALEQS · BSE
Price₹28.19
Fair Value₹54.88
Upside+94.7%
Quality35/100

Strengths

Trades 95% below our fair value of ₹54.88
Low debt · generates free cash flow

Risks

!Mixed Growth
!Thin margins · 1.0% net margin
!Narrow moat 26/100
!Evidence only medium, so the estimate is less certain
Mixed Growth
Thin margins · 1.0% net margin
Low debt · generates free cash flow
Narrow moat 26/100
Evidence: Medium Range ₹40.96 – ₹81.91 Share as image

Fair value as of: Aug 21, 2026

From 3 valuation models · updated today

Share price −7.1% over the past month.

Below-average quality, screening 95% undervalued on our models.

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What matters now

  • The large discount to fair value meets weak quality (35/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (₹40.96). The market is more pessimistic than our downside scenario.
  • A fairly wide model range (₹40.96 to ₹81.91) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹81.80 ₹18.70 Fair Value ₹54.88 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 21, 2026.

How to read this chart

60‑month range ₹18.70 – ₹81.80 · fair‑value band ₹40.96 – ₹81.91 · the ₹28.19 price screens below the ₹54.88 fair value. Dashed = 300-day average. As of Aug 21, 2026.

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Analysis

Jain Irrigation Systems Limited (JISLJALEQS) currently trades at ₹28.19, while our model-based Fair Value estimate is ₹54.88, implying the stock looks roughly 94.7% undervalued today. The Quality Score stands at 35/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Jain Irrigation Systems Limited generated revenue of ₹60.9B at a net margin of 1.0%. Revenue grew 20.2% year over year. It earns a return on equity of 0.9%. Net debt stands at ₹39.4B. Fundamentals as of Aug 21, 2026

Our scenario range runs from ₹40.96 (bear case) to ₹81.91 (bull case); at ₹28.19, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 52% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 11% fair-value upside, at 95%, JISLJALEQS screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹28.91 ₹42.50 ₹64.64 80
Rev-Margin DCF ₹38.45 ₹64.72 ₹95.56 74
NCAV (Graham) ₹40.96 ₹54.88 ₹81.91 50
All 3 models by family
Asset-Based
NCAV (Graham) ₹40.96 ₹54.88 ₹81.91 50
Growth DCF
Growth DCF ₹28.91 ₹42.50 ₹64.64 80
Rev-Margin DCF ₹38.45 ₹64.72 ₹95.56 74

Widest divergence: Asset-Based (₹54.88) versus Growth DCF (₹42.50). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹60.9B
Revenue growth (YoY) +20.2%
Net margin 1.0%
Return on equity 0.9%
Free cash flow ₹2.7B FY2026
P/E ratio 114.4
More key figures
Operating margin 10.2%
EPS (TTM) ₹0.2400
EPS growth (YoY) +5.3%
Net debt ₹39.4B FY2026

Figures from reported company fundamentals · as of Aug 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 35/100

Of which business quality 34 · Market factors (momentum, volatility) 28

Profitability 23
Margins and returns on capital today
Quality Growth 47
Are margins and returns improving?
Cashflow 29
Earnings quality: real cash, not paper profit
Fin. Strength 31
Balance sheet, leverage, solvency risk
Investment 81
Disciplined investing over empire-building
Low Volatility 68
Calm price path (market factor)
Momentum 16
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 15
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Jain Irrigation Systems Limited manufactures and sells micro-irrigation systems in India, Europe, North America, and internationally. The company operates through Hi-Tech Agri Input Products, Plastic, Agro Processing, and Other Business segments.

Full company description

Jain Irrigation Systems Limited manufactures and sells micro-irrigation systems in India, Europe, North America, and internationally. The company operates through Hi-Tech Agri Input Products, Plastic, Agro Processing, and Other Business segments. It provides drip irrigation; micro and mini sprinklers; sprinkler irrigation systems; hose reel and boom irrigation; filters, dosing pumps, and injectors; PVC and HDPE pipes and fittings; plastic sheets; hi-tech planting material; environment-controlled agriculture; polypropylene piping products; and plumbing and drainage systems. The company also offers green energy products, including solar photovoltaic (PV) modules, solar pumps, solar off grid power plants, solar rooftop grid connected plants, solar water heating systems, LED based home and street lighting products, LED lanterns, and module mounting structure solutions, as well as undertakes turnkey projects. In addition, it is involved in the fruit, vegetable, and spice processing activities; provision of dehydrated onion and vegetable products, aseptic fruit purees, concentrates, clarified juices, individually quick frozen, and frozen products under the Jain Farm Fresh brand; manufacture of fruit or vegetable juices and their concentrate squashes, powder, and spices; and manufactures and supplies tissue cultured plants and agriculture equipment and inputs. Further, the company engages in distribution of food ingredients, dehydrated onions, and other vegetables; and generates power through solar and biogas power plants. Additionally, the company manufactures and sells plastic sheets; and engages in the food and frozen foods business. Jain Irrigation Systems Limited was founded in 1963 and is headquartered in Jalgaon, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Jain Irrigation Systems Limited reported revenue of ₹63.7B in FY2026 versus ₹70.4B in FY2022, a compound −2.5%/yr. Reported net income was −₹246M in FY2026.

Growth Quality 49/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
₹63.7B
Latest YoY
+12.1%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+3.5%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+2.6%
Avg. growth/yr (12Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+0.7%
Revenue −2.5%/yr
FY22 ₹70.4B
FY23 ₹57.5B
FY24 ₹60.5B
FY25 ₹56.8B
FY26 ₹63.7B
Net income
FY22 ₹3.2B
FY23 ₹8.3B
FY24 ₹452M
FY25 ₹335M
FY26 −₹246M

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Cite: Fair Value Calculator (2026). "Jain Irrigation Systems Limited Fair Value". https://www.fairvalue-calculator.com/stock/JISLJALEQS

Peer Group

Conglomerates · 387 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 35 · Bottom 25%
Fair Value upside +95% · Top 25%
Return on equity (TTM) 1% · Below median
Return on assets 3% · Above median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 10% · Above median
Revenue growth 20% · Top 25%
Debt / equity 0.15× · Lower than median

Valuation Multiples vs Conglomerates median · lower = cheaper

P/E (TTM) 114.4× · Pricier than 75% of peers
P/B 0.36× · Cheaper than median
P/S (TTM) 0.34× · Cheaper than median
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 3.4× · Cheaper than median
PEG 11.27× · Pricier than 75% of peers

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

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Frequently asked questions

Is Jain Irrigation Systems Limited (JISLJALEQS) overvalued or undervalued?
As of Aug 21, 2026, our model estimates a fair value of ₹54.88 versus a price of ₹28.19, about +95% (undervalued).
What is the fair value of JISLJALEQS?
Our model-based fair value for Jain Irrigation Systems Limited is ₹54.88 (as of Aug 21, 2026), built from audited fundamentals. The current price: ₹28.19.
What is the quality score of JISLJALEQS?
Jain Irrigation Systems Limited has a Quality Score of 35/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Jain Irrigation Systems Limited (JISLJALEQS)?
Jain Irrigation Systems Limited reported trailing-twelve-month revenue of about ₹60.9B (latest available figure, as of Aug 21, 2026).
What is the net profit margin of JISLJALEQS?
The net profit margin of Jain Irrigation Systems Limited is about 1.0%, meaning it keeps roughly 1.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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