Jain Irrigation reports strong Q2, H1 FY26 growth

Jain Irrigation Systems Ltd. announced strong financial results for Q2 and H1 FY26, with consolidated revenue increasing by 20.2% and 11.5% year-on-year respectively. Consolidated EBITDA also saw substantial growth of 43.6% in Q2FY26 and 26.4% in H1FY26, driven by higher profitability in the Hi-Tech Agri and Agro segments. The company's Cash PAT for Q2FY26 was ₹857 million, up 76.2% YoY, and for H1FY26 was ₹1,649 million, an increase of 35.4% YoY.

The company's working capital management showed improvement, with overall Net Working Capital days reducing to 200 days in September 2025 from 205 days in June 2025. The consolidated order book stood at ₹19,047 million, reflecting continued business momentum.

The company's vice chairman and managing director, Anil Jain, noted that the positive results were achieved despite challenges like more than average rainfall in key states and geopolitical issues. He highlighted strong growth in exports, solar agri pumps, and food and international plastic businesses, supported by an expanded product portfolio and a new bottling unit venture expected in Q3FY26.