SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Indian Rating upgrades Jain Irrigation Systems ratings to investment grade

13 Nov 2013 Evaluate

Indian Rating and Research, the rating arm of Fitch Ratings group has upgraded the investment rating grade of Jain Irrigation Systems to ‘BBB-’ from ‘BB+’ for long-term and to ‘A3’ from ‘A4+’ for short-term.

Following the improvement in liquidity profile caused by better receivables management and stabilization of change of business model in MIS business implemented by the company as reflected in its recently announced Q2/H1 FY 2014 results on November 10, 2013, the rating agency has upgraded the company’s outlook to ‘stable’ from earlier ‘negative outlook’.

The ratings upgrade will enable the company to bring its overall cost of debt down in the remaining months in the 2nd Half of FY2014 and also enable it to further improve its short/ medium term working capital management initiatives. The rating agency also expects the company to continue to work on its focus on high quality business and sustainable revenues and a primarily cash based business model.

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
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×