Jain Irrigation Systems Limited

₹ 20.2 billion

ome of the key takeaways are summarized below:  The Company has achieved a consolidated revenue of ₹ 20.2 billion with a significant growth of 25% on a Y-o-Y basis (EBITDA margin 11.8%) for the quarter. Further, f

25%

w:  The Company has achieved a consolidated revenue of ₹ 20.2 billion with a significant growth of 25% on a Y-o-Y basis (EBITDA margin 11.8%) for the quarter. Further, for the nine months ended, the con

11.8%

olidated revenue of ₹ 20.2 billion with a significant growth of 25% on a Y-o-Y basis (EBITDA margin 11.8%) for the quarter. Further, for the nine months ended, the consolidated revenue grew by 12.5% to rea

12.5%

margin 11.8%) for the quarter. Further, for the nine months ended, the consolidated revenue grew by 12.5% to reach at ₹ 56.7 billion (EBITDA margin 11.9%).  For the nine months ended, Company has generat

₹ 56.7 billion

the quarter. Further, for the nine months ended, the consolidated revenue grew by 12.5% to reach at ₹ 56.7 billion (EBITDA margin 11.9%).  For the nine months ended, Company has generated cash after working capit

11.9%

nine months ended, the consolidated revenue grew by 12.5% to reach at ₹ 56.7 billion (EBITDA margin 11.9%).  For the nine months ended, Company has generated cash after working capital changes of ₹ 4,68

₹ 4,683 million

n 11.9%).  For the nine months ended, Company has generated cash after working capital changes of ₹ 4,683 million (consolidated basis) and ₹ 2,392 million (standalone basis).  Net Working Capital Cycle has impro

₹ 2,392 million

mpany has generated cash after working capital changes of ₹ 4,683 million (consolidated basis) and ₹ 2,392 million (standalone basis).  Net Working Capital Cycle has improved by 76 days as compared to Dec-21 on a

52.5%

3FY22 YoY change 9MFY23 9MFY22 All figures in ₹ Million YoY change Revenue 9,829 6,444 52.5% 24,475 19,797 23.6% EBITDA Margin PAT Cash PAT 1,437 831 73.0% 3,298 2,784 18.5%

23.6%

3 9MFY22 All figures in ₹ Million YoY change Revenue 9,829 6,444 52.5% 24,475 19,797 23.6% EBITDA Margin PAT Cash PAT 1,437 831 73.0% 3,298 2,784 18.5% 14.6% 12.9% - 13.5%

73.0%

venue 9,829 6,444 52.5% 24,475 19,797 23.6% EBITDA Margin PAT Cash PAT 1,437 831 73.0% 3,298 2,784 18.5% 14.6% 12.9% - 13.5% 14.1% - 225 600 (556) (180) - - 47 (1,1

18.5%

52.5% 24,475 19,797 23.6% EBITDA Margin PAT Cash PAT 1,437 831 73.0% 3,298 2,784 18.5% 14.6% 12.9% - 13.5% 14.1% - 225 600 (556) (180) - - 47 (1,100) 1,170 59 - -

“Cash PAT ₹ 600 Mn With rationalization of input costs, higher capacity utilization, better absorption of fixed costs and savings in finance cost post the successful implementation of debt resolution plan, cash profitability has improved during Q3FY23 the Net Debt ₹ 27.0 Bn The company is on track to achieve its debt reduction targets.”

“25.0% The International business remained resilient amidst weak global cues EBITDA ₹ 2,388 Mn 37.3% has shown EBIDTA margins considerable improvement due to improved margins in Plastic Business coupled with increased volumes We expect margins to improve as higher demand will lead to better fixed cost absorption All overseas businesses contributed a stable margins for the quarter.”

“• Allocation of ₹ 69,684 crore under the Jal Jeewan Mission targeted to provide piped drinking water to every household in India by 2024 • Central assistance of ₹ 5,300 crore will be given to Upper Bhadra Project in Karnataka to provide sustainable micro irrigation and filling up of surface tanks for drinking water.”

“• ₹ 15,000 crore will be made available to implement the Pradhan Mantri PVTG Development Mission in the next three years under the Development Action Plan for the Scheduled Tribes which includes provision of clean drinking water.”

“It has grown at a 10% CAGR over FY16-FY21 and is pegged to clock a 11-12% CAGR over FY21-FY25.”

Some of the key takeaways are summarized below

1

Some of the key takeaways are summarized below

 The Company has achieved a consolidated revenue of ₹ 20.2 billion with a significant growth of 25% on a Y-o-Y basis (EBITDA margin 11.8%) for the quarter. Further, for the nine months ended, the consolidated revenue grew by 12.5% to reach at ₹ 56.7 billion (EBITDA margin 11.9%).  For the nine months ended, Company has generated cash after working capital changes of ₹ 4,683 million (consolidated basis) and ₹ 2,392 million (standalone basis).  Net Working Capital Cycle has improved by 76 days as compared to Dec-21 on a standalone basis and company remains focused for further improvement  Company has commenced its supplies under ‘Jal Jeevan Mission’ in Maharashtra as per the rate contract agreement.  The Company remains steadfast in its efforts to improve margins and cash flows to achieve our long-term goals. Page 6 Product diversification, Customer centricity, Strong R&D capabilities, and Technology enabled solutions will propel our future growth Market Penetration & Industry Appli