Jain Irrigation reports strong Q2 and H1 FY26 growth, positive cash PAT

Jain Irrigation Systems Limited announced its financial results for the quarter and half year ended September 30, 2025, showing significant growth in both consolidated and standalone performance. Consolidated revenue for Q2 FY26 increased by 20.2% year-over-year to ₹14,323 million, with EBITDA rising 43.6% to ₹1,992 million. For H1 FY26, consolidated revenue grew 11.5% to ₹29,780 million, and EBITDA was up 26.4% to ₹4,012 million. The company's Cash PAT for H1 FY26 turned positive at ₹265 million, reflecting a strong operational turnaround.

Key drivers included a 38.6% year-over-year revenue increase in the Hi-Tech Agri segment for Q2 FY26, supported by retail sales, solar agri pumps, and export growth. The Plastic segment reported steady growth of 9.5% year-over-year, benefiting from overseas business expansion, while the Agro Processing segment saw a 15.6% year-over-year revenue growth, with EBITDA more than doubling due to improved capacity utilization and product mix. The company's working capital improved by 5 days, indicating a continued focus on liquidity and efficiency.

Jain Irrigation also highlighted strategic partnerships, including setting up a bottling unit under its agro-processing arm, JFFFL, with commercial production expected in Q3 FY26. The company remains optimistic about long-term opportunities in both Indian and international markets, anticipating sustainable demand revival in H2 FY26 due to GST 2.0 and a favorable monsoon.