JAIN IRRIGATION chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 132.12
Dividend & YieldN/A₹ (N/A)
Beta 1.47
Market capitalization 22.8B
Operating cash flow N/A
ESG Scores unknown

Company description

Jain Irrigation Systems Limited operates as a micro-irrigation company in India, Europe, North America, and internationally. The company operates through Hi-Tech Agri Input Products, Plastic, Agro Processing, and Other Business divisions. It provides drip irrigation, sprinkler irrigation, PE piping, and plumbing systems; and polyvinyl chloride plastic pipes and pipe fittings, and EX-CEL plastic sheets. The company also offers protected cultivation products, including greenhouses, poly houses and tunnels, and net houses; tissue culture plants for bananas, pomegranates, and strawberries; and solar photovoltaic modules, solar pumping systems and appliances, solar PV power plants, module mounting solutions, and water heating systems. In addition, it provides Jain Logic, a monitoring and control solution, as well as bio-fertilizers; and generates power through solar and biogas power plants. Further, the company is involved in the frozen fruits, onion, vegetable, and spice processing activities; and operation of vegetable and horticulture nurseries. Additionally, it manufactures and sells software and computer equipment for agriculture applications; and develops hardware and software for farm weather management. The company was founded in 1963 and is headquartered in Jalgaon, India.

Sector: Industrials - Industry: Farm & Heavy Construction Machinery

Financial Ratios
Quick Ratio0.64
Working Capital0.89
Return On Equity-0.13
Debt To Equity0.84
Fixed Asset Ratio0.01
Fixed Interest Cover0.02

Financial data

Financial Statements

Cashflow Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Change To Liabilities 3.54B -2.57B -6.26B -1.18B
Total Cashflows From Investing Activities -10.6B -3.46B -2.58B 3.03B
Net Borrowings 3.61B 6.61B 15.07B -1.47B
Total Cash From Financing Activities -1.67B 1.1B 10.46B -4.06B
Change To Operating Activities 1.26B -1.91B -3.8B -576.02M
Issuance Of Stock
Net Income 2.19B 2.39B -7.15B -3.96B
Change In Cash 857.99M -795.1M 1.13B 1.67B
Effect Of Exchange Rate
Total Cash From Operating Activities 13.13B 1.56B -6.75B 2.7B
Depreciation 3.32B 3.04B 3.66B 3.51B
Change To Account Receivables -1.26B -4.44B -299.1M 1.85B
Other Cashflows From Financing Activities -4.85B -5B -4.61B -2.59B
Change To Netincome 5.34B 4.99B 3.96B 3.81B
Capital Expenditures -5.28B -3.91B -2.8B -1.05B

Income Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Research Development
Income Before Tax 2.99B 3.74B -9.96B -5.99B
Net Income 2.19B 2.39B -7.15B -3.96B
Selling General Administrative 10.56B 11.75B 10.27B 8.91B
Gross Profit 35.97B 39.29B 25.66B 24.58B
Ebit 6.25B 7.53B -3.71B 137.29M
Operating Income 6.25B 7.53B -3.71B 137.29M
Interest Expense -3.58B -3.79B -5.74B -6.65B
Income Tax Expense 778.86M 1.2B -2.95B -2.31B
Total Revenue 78.43B 85.77B 59.23B 56.67B
Cost Of Revenue 42.46B 46.48B 33.57B 32.09B
Total Other Income ExpenseNet -3.26B -3.79B -6.25B -6.13B
Net Income From Continuing Ops 2.21B 2.54B -7.01B -3.69B
Net Income Applicable To Common Shares 2.19B 2.39B -7.15B -3.96B

Balance Sheet Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Total Liabilities 77.87B 83.24B 95.74B 96.03B
Total Stockholder Equity 43.51B 44.13B 34.71B 29.68B
Other Current Liabilities 4.87B 4.22B 3.31B 3.8B
Total Assets 122.68B 128.79B 131.88B 126.83B
Common Stock 1.03B 1.03B 1.03B 1.03B
Other Current Assets 4.75B 4.88B 5.88B 6.43B
Retained Earnings 25.83B 27.51B 20.36B 15.82B
Treasury Stock 2.08B 1.02B -1.25B -1.74B
Cash 1.97B 1.17B 2.36B 4.1B
Total Current Liabilities 45.67B 47.98B 63.05B 67.89B
Other Stockholder Equity 2.08B 1.02B -1.25B -1.74B
Property, Plant, and Equipment 46.76B 48.26B 51.17B 47.06B
Total Current Assets 63.9B 66.23B 64.6B 63.46B
Net Tangible Assets 36.46B 35.59B 25.66B 20.96B
Net Receivables 29.44B 34.12B 33.97B 31.8B
Accounts Payable 19.91B 17.59B 11.25B 9.6B


Insider Transactions

Here are the insider transactions of stock shares related to JAIN IRRIGATION:

Filer Name Transaction Text Ownership Date Filer Relation Shares
JISL Employees ESOP''s TrustD2019-06-18Institution- Corporation1.38M
JISL Employees ESOP''s TrustD2019-02-14Institution- Corporation515.28k
Jalgaon Investment Pvt LtdD2018-07-03Promoter100k
Jalgaon Investment Pvt LtdD2018-07-02Promoter200k
Jalgaon Investment Pvt LtdD2018-06-29Promoter400.2k
Jalgaon Investment Pvt LtdD2018-06-27Promoter93.99M
Jalgaon Investment Pvt LtdD2017-11-29Institution- Corporation1.24M
Jain Brothers Industries Pvt. Ltd.D2017-11-29Promoter1.24M
Jalgaon Investment Pvt LtdD2017-11-27Promoter1.25M
Jain Brothers Industries Pvt. Ltd.D2017-11-27Promoter1.25M
Jain (Atul Bhavarlal)D2015-12-21Joint Managing director67.25k
Jalgaon Investment Pvt LtdD2014-03-24Promoter7.5M
Macquarie Bank LimitedD2012-11-19Investment Advisor8.5M
Jain Brothers Industries Pvt. Ltd.D2012-04-20Promoter47.7k
Jain Brothers Industries Pvt. Ltd.D2012-03-30Promoter2.44M
Jain (Atul Bhavarlal)D2011-10-18Joint Managing director1.33M
Emerging Markets Growth Fund, Inc.D2011-09-19Investment Management Company818.52k
Jain (Anil Bhavarlal)D2011-03-25Managing Director1.34M
Jain (Atul Bhavarlal)D2011-03-25Joint Managing director1.34M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to JAIN IRRIGATION. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on JAIN IRRIGATION

Here is the result of two systematic investment strategies applied to JAIN IRRIGATION. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on JAIN IRRIGATION

The following chart shows the equity curve of the two systematic investment strategies applied to JAIN IRRIGATION:

JAIN IRRIGATION automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 156.13% on the backtest period.

Performance at glance

Performance

156.13 %

Latent gain

3880.05 ₹

Invested capital

2485.1 ₹

Annualized return

37.17 %
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Momentum strategy results on JAIN IRRIGATION

This is the result of two momentum investment strategies applied to JAIN IRRIGATION. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on JAIN IRRIGATION

The following chart shows all the entries opened by the momentum investment system on JAIN IRRIGATION:

JAIN IRRIGATION momentum entries
  • The first momentum investment strategy would give 126.06% of return on JAIN IRRIGATION. That represents 6859.3₹ of latent gain with 5441.45₹ of employed capital.
  • The second momentum investment strategy would give 98.85% of return on JAIN IRRIGATION. That represents 2931.15₹ of latent gain with 2965.4₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

126.06 %

Latent gain

6859.3 ₹

Invested capital

5441.45 ₹

Annualized return

1.46 %
Performance at glance (2Q Momentum)

Performance

98.85 %

Latent gain

2931.15 ₹

Invested capital

2965.4 ₹

Annualized return

26.57 %

Momentum equity curve on JAIN IRRIGATION

The following chart shows the equity curve of the two momentum strategies applied to JAIN IRRIGATION:

JAIN IRRIGATION momentum equity

Note: the dividends potentially given by JAIN IRRIGATION are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on JAIN IRRIGATION

The following chart shows the employed capital evolution of the two momentum strategies on JAIN IRRIGATION since the beginning:

JAIN IRRIGATION

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on JAIN IRRIGATION

Buy the dip entry openings on JAIN IRRIGATION

JAIN IRRIGATION

The performance achieved by the robo-advisor on JAIN IRRIGATION is 3.22%. That represents 30.5$ of latent gain with 945.75₹ of employed capital. The following chart shows JAIN IRRIGATION stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of JAIN IRRIGATION, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

3.22 %

Latent gain

30.5 ₹

Invested capital

945.75 ₹

Annualized return

1.46 %

Equity curve of the strategy applied to JAIN IRRIGATION

The following chart shows the result of the investment strategy applied to JAIN IRRIGATION:

JAIN IRRIGATION

Note: the dividends potentially given by JAIN IRRIGATION are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on JAIN IRRIGATION

The following chart shows the employed capital evolution since the beginning of the investment strategy on JAIN IRRIGATION:

JAIN IRRIGATION

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on JAIN IRRIGATION

In this section, I will compare the three previous investment strategies applied to JAIN IRRIGATION.

Equity curve comparison on JAIN IRRIGATION

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

JAIN IRRIGATION investment strategy comparison

Employed capital comparison on JAIN IRRIGATION

JAIN IRRIGATION investment comparison

Performance comparison on JAIN IRRIGATION

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 156.13% 3880.05₹ 2485.1₹ 37.17%
Momentum 1 quarter 126.06% 6859.3₹ 5441.45₹ 31.83%
Momentum 2 quarters 98.85% 2931.15₹ 2965.4₹ 26.57%
Non-directional 3.22% 30.5₹ 945.75₹ 1.46%
Annualized return comparison

Automatic investment

37.17 %

Momentum 1Q

26.57 %

Momentum 2Q

26.57 %

Non-directional

1.46 %

Correlated stocks

Here are the most positively and negatively correlated stocks with JAIN IRRIGATION:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between JAIN IRRIGATION and the other stocks. There may be false positives or some missing correlated stocks. If the price of JAIN IRRIGATION does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name JAIN IRRIGATION
Country India
City Jalgaon
Address Jain Plastic Park
Phone 91 25 7225 8011
Website www.jains.com
FullTime employees 9281
Industry Farm & Heavy Construction Machinery
Sector Industrials
Exchange XNSE
Ticker JISLJALEQS.XNSE
Market

JAIN IRRIGATION ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown