JAIN IRRIGATION

JAIN IRRIGATION

BSE 500219 CMP 500 EQ - 66.24 Cr

Company is one of the pioneer names in the plastic irrigation products industry sector in India. Company is in Technical alliance with many firms for the purpose to make their products to the international Quality Standards. Company's Rs.1000 million exports coming from the toughest markets in the world. It's largest producer of PVC Pipes in India. Company is Pioneers of Micro Irrigation Systems in India besides pioneering the concept for small landholders in India. It's the only manufacturer producing the widest range of Plastic Sheets (PC & PVC) under one roof. Company has got the ISO-9001 from RWTUV, Germany for the PVC Pipes and Fittings, Polytube, Emitting Pipe, Plastic Sheets, Onion Dehydration Divisions & Fruit Processing. Company is having solutions for Small Farmer, Urban Household, Urban Housing, Community Development, Mining Industry, plant tissue culture, Chemical industry, Sugar factories, Oil & Gas exploration, Optic Fiber ducting, Advertisement & Signage's, Landscaping, Green houses, water shed development, Waste Land Development, Farm production & management, solar water heaters for Households & Corporate. Products range of Jain Irrigation include Micro Irrigation Systems & Components, PVC & PE (HDPE, MDPE, LDPE, LLDPE, ABS, PC, etc.) Piping Systems, Moulded & Extruded Plastic Products, Plastic Sheets, Dehydrated Onions and Vegetables, Processed Fruits, Tissue Culture Plants, Green Houses, Liquid/ Water Soluble Fertilizers, Bio-pesticides, Bio-fertilizers and Solar Water Heating Systems. Company is having India's only one-stop high-tech integrated agricultural shop. Company has collaboration with Technical partners of USA for solar water heating systems and other products. It is involved into Turnkey Project Services, Roof Cooling Systems, Agriculture, engineering & consultancy Company looking towards a huge potential in setting up irrigation projects abroad and is looking at opportunities in the African continent. It is currently in talks with some African country form a joint venture to bid for some large integrated micro-irrigation project. Company is expanding its capacity in plasticulture and food business. In plasticulture, the company plans to increase capacity by 69,000 ton to 2,04,000 ton. In food business it plans to increase capacity by 41,550 ton to 71,200 ton. Company also merged Terra Agro Technologies Ltd, Coimbatore with the Company in april. Company has bought the mango-processing business of Parle Bisleri Pvt Ltd for Rs 14 crore. Company acquired two mango-processing facilities at Chittoor in south India, in the largest mango-growing region in the country. After this acquisition, company has built a total capacity of over 60,000 ton of mango processing at its plants at Jalgaon in Maharashtra, and Hyderabad and Chittoor in Andhra Pradesh. Sales and NP for year ended 06 - 07 were 1438.6Cr & 98.8Cr. Sales and NP for latest Quarter 327.4Cr & 29.5Cr. On YOY basis NP has increased by 69 % & based on quarter latest its increased by 68 % Dividend during year ended 06 - 07 was 20 %