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Trades about 190% below its sector, cheaper than its peers on earnings.
Jain Irrigation Systems Limited is a global provider of micro-irrigation solutions, operating across India, Europe, North America, and other international regions. The company's business is structured around several key divisions, including Hi-Tech Agri Input Products, Plastic manufacturing, Agro Processing, and other ventures. Its extensive product portfolio features cutting-edge irrigation technologies such as drip and sprinkler systems, as well as PE piping and plumbing solutions. Beyond irrigation, Jain manufactures various plastic goods, including polyvinyl chloride (PVC) pipes, pipe fittings, and EX-CEL plastic sheets. The company also supports advanced agricultural practices by offering protected cultivation structures like greenhouses, poly houses, tunnels, and net houses, alongside producing tissue culture plants for high-value crops such as bananas, pomegranates, and strawberries. In the renewable energy sector, Jain provides solar photovoltaic modules, solar pumping systems, appliances, complete PV power plants, module mounting solutions, and water heating systems, supplementing this with power generation from its own solar and biogas facilities. Further enhancing agricultural productivity, it supplies bio-fertilizers and Jain Logic, a comprehensive monitoring and control platform. Additionally, the company is engaged in agro-processing, handling frozen fruits, onions, vegetables, and spices, and managing nurseries for vegetables and horticulture. Jain Irrigation also develops and markets specialized software and computer hardware for agricultural applications, including systems for farm weather management. Founded in 1963, the company's headquarters are located in Jalgaon, India.
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