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India Ratings affirms Jain Irrigation's long-term issuer rating at ‘BBB-1’

14 Jan 2015 Evaluate

India Ratings & Research (Ind-Ra) has affirmed Jain Irrigation Systems’ (JISL) long-term issuer rating at ‘BBB-1’. The outlook is stable.

The affirmation reflects significant improvement in the company’s fund flow from operations (FFO), adjusted net leverage in FY15, aided by higher overall FFO and a marginally lower adjusted debt.

Jain Irrigation Systems is a manufacturer of a wide variety of PVC pipes, PE pipes, water and gas transportation pipes, ducts for optical fibre cables and drip irrigation pipes. It is also engaged in tissue culture of bananas and pomegranates and is the world’s largest processor of mangoes and is the world’s second largest processor of onions and vegetables.

 

Jain Irrigation Sys Share Price

33.05 -1.16 (-3.39%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Supreme Industries 3705.80
Astral 1612.85
Finolex Inds 174.70
Nilkamal 1320.05
Jain Irrigation Sys 33.05
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