# Irrigation System — company-by-company sector analysis > Irrigation System: Jain Irrigation Systems Ltd owns the largest revenue base AND the fastest current growth. Sector Alpha — machine-written from the numbers. Data as of 2026-08-20. Not investment advice. ## Bottom line Irrigation System has underperformed NIFTY 500 by 52.6% over 52 weeks and 18.3% over 13 weeks. 0 of 1 covered companies beat NIFTY on Mansfield relative strength, while 0 of 1 beat the sector itself. Jain Irrigation Systems Ltd leads with revenue of ₹6,362 crore, based on 1 of 1 comparable companies through Jun 2026. ## Sector relative strength Irrigation System has underperformed NIFTY 500 by 52.6% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 18.3%. 0 of 1 covered company currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Jain Irrigation Systems Ltd is the strongest against the sector itself at 0%. 13-week sector return versus NIFTY 500: -18% 52-week sector return versus NIFTY 500: -53% Stocks leading NIFTY: 0/1 Stocks leading sector: 0/1 Central tension: The central tension: current leadership is concentrated, so durability matters more than rank. Companies: 1 Combined market value: ₹1.9K Cr ## 4-Factor Sector Score An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment. 1. Jain Irrigation Systems Ltd (JISLJALEQS): 29/100 — Adverse evidence; evidence 71% - Growth & earnings 9.2/35 | Capital efficiency 2.4/25 | Valuation 10.0/20 | Relative strength 7.5/20 - Price stage: ASLEEP — Neither ahead of the benchmark nor yet turning up against it. - Led NIFTY 500 by 5%+ over the prior 13 weeks in 2 of 10 weeks with a reading, within the last 12 - Exact sum: 9.2 + 2.4 + 10 + 7.5 = 29.1 - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. ## Market action Jain Irrigation Systems Ltd has the strongest one-year price move in Irrigation System at -42.4%. It also leads on Mansfield relative strength against NIFTY at -33.1%. 0 of 1 covered company are above zero on that measure. Every line covers 313 weekly closes through 2026-08-14. ### Strongest one-year price performers 1. Jain Irrigation Systems Ltd (JISLJALEQS): -42% ### Strongest relative strength versus NIFTY 500 1. Jain Irrigation Systems Ltd (JISLJALEQS): -33% ## Revenue Scale & Growth Durability What the numbers say: Jain Irrigation Systems Ltd is the scale leader at ₹6,362 crore, Jain Irrigation Systems Ltd's growth is 8.8% from a ₹6,362 crore base, with 15 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale. Investor read: Jain Irrigation Systems Ltd is the scale benchmark; Jain Irrigation Systems Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns. This conclusion weakens if: Jain Irrigation Systems Ltd's growth falls below Jain Irrigation Systems Ltd's for two consecutive comparable reports while operating margin also compresses. Evidence: Jain Irrigation Systems Ltd · ₹6,362 crore | Not enough peers | 6/8 recent comparable periods | 1/1 companies · 15 observations Definition: Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress. ### Revenue — largest 1. Jain Irrigation Systems Ltd (JISLJALEQS): ₹6.4K Cr ### Revenue growth — fastest growers 1. Jain Irrigation Systems Ltd (JISLJALEQS): 8.8% ### 20-quarter Revenue history - JISLJALEQS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹1.5K Cr | Mar 2023 ₹1.7K Cr | Jun 2023 ₹1.7K Cr | Sep 2023 ₹1.4K Cr | Dec 2023 ₹1.4K Cr | Mar 2024 ₹1.7K Cr | Jun 2024 ₹1.5K Cr | Sep 2024 ₹1.2K Cr | Dec 2024 ₹1.4K Cr | Mar 2025 ₹1.7K Cr | Jun 2025 ₹1.5K Cr | Sep 2025 ₹1.4K Cr | Dec 2025 ₹1.6K Cr | Mar 2026 ₹1.8K Cr | Jun 2026 ₹1.5K Cr ### 20-quarter Revenue growth history - JISLJALEQS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 -9.7% | Mar 2024 -1.0% | Jun 2024 -13% | Sep 2024 -12% | Dec 2024 0.2% | Mar 2025 1.3% | Jun 2025 4.6% | Sep 2025 20% | Dec 2025 17% | Mar 2026 4.3% | Jun 2026 -2.5% ## Operating Economics & Margin Trend What the numbers say: Jain Irrigation Systems Ltd leads both opm at 11% and margin change at -2 percentage points. Investor read: Jain Irrigation Systems Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it. This conclusion weakens if: The next two comparable reports reverse the current margin change signal. Evidence: Jain Irrigation Systems Ltd · 11% | Not enough peers | 3/8 recent comparable periods | 1/1 companies · 20 observations Definition: Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth. ### OPM — highest 1. Jain Irrigation Systems Ltd (JISLJALEQS): 11% ### Margin change — fastest expanders 1. Jain Irrigation Systems Ltd (JISLJALEQS): −2.0 pp ### 20-quarter OPM history - JISLJALEQS: Sep 2021 10% | Dec 2021 6.7% | Mar 2022 5.3% | Jun 2022 13% | Sep 2022 9.9% | Dec 2022 12% | Mar 2023 8.0% | Jun 2023 13% | Sep 2023 13% | Dec 2023 13% | Mar 2024 12% | Jun 2024 12% | Sep 2024 12% | Dec 2024 13% | Mar 2025 13% | Jun 2025 13% | Sep 2025 14% | Dec 2025 10% | Mar 2026 13% | Jun 2026 11% ### 20-quarter Margin change history - JISLJALEQS: Sep 2021 +7.0 pp | Dec 2021 +1.3 pp | Mar 2022 −3.3 pp | Jun 2022 −1.4 pp | Sep 2022 −0.4 pp | Dec 2022 +5.3 pp | Mar 2023 +2.7 pp | Jun 2023 −0.3 pp | Sep 2023 +3.1 pp | Dec 2023 +1.0 pp | Mar 2024 +4.0 pp | Jun 2024 −1.0 pp | Sep 2024 −1.0 pp | Dec 2024 0.0 pp | Mar 2025 +1.0 pp | Jun 2025 +1.0 pp | Sep 2025 +2.0 pp | Dec 2025 −3.0 pp | Mar 2026 0.0 pp | Jun 2026 −2.0 pp ## Profit Scale & Acceleration What the numbers say: Jain Irrigation Systems Ltd leads with ₹69 crore net cash of TTM profit, Jain Irrigation Systems Ltd shows -80% growth from a ₹69 crore net cash profit base. Compare the size of the base and persistence before ranking acceleration above profit scale. Investor read: Jain Irrigation Systems Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it. This conclusion weakens if: The next two comparable reports reverse the current profit growth signal. Evidence: Jain Irrigation Systems Ltd · ₹69 crore net cash | Not enough peers | 0/7 recent comparable periods | 1/1 companies · 15 observations Definition: Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank. ### Net profit — largest 1. Jain Irrigation Systems Ltd (JISLJALEQS): ₹-69 Cr ### Profit growth — fastest growers 1. Jain Irrigation Systems Ltd (JISLJALEQS): -80% ### 20-quarter Net profit history - JISLJALEQS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹-50 Cr | Mar 2023 ₹977 Cr | Jun 2023 ₹37 Cr | Sep 2023 ₹8 Cr | Dec 2023 ₹9 Cr | Mar 2024 ₹-11 Cr | Jun 2024 ₹12 Cr | Sep 2024 ₹-13 Cr | Dec 2024 ₹-1 Cr | Mar 2025 ₹28 Cr | Jun 2025 ₹11 Cr | Sep 2025 ₹15 Cr | Dec 2025 ₹-47 Cr | Mar 2026 ₹-19 Cr | Jun 2026 ₹-18 Cr ### 20-quarter Profit growth history - JISLJALEQS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 -101% | Jun 2024 -68% | Sep 2024 -263% | Dec 2024 -111% | Mar 2025 — | Jun 2025 -8.3% | Sep 2025 — | Dec 2025 — | Mar 2026 -168% | Jun 2026 -264% ## Return On Capital Employed What the numbers say: Jain Irrigation Systems Ltd leads ROCE at 5.3%. Jain Irrigation Systems Ltd has the strongest latest improvement at +1.3 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability. Investor read: Jain Irrigation Systems Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it. This conclusion weakens if: The next two comparable reports reverse the current roce change signal. Evidence: Jain Irrigation Systems Ltd · 5.3% | Not enough peers | 5/8 recent comparable periods | 1/1 companies · 13 observations Definition: ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability. ### ROCE — highest 1. Jain Irrigation Systems Ltd (JISLJALEQS): 5.3% ### ROCE change — fastest improvers 1. Jain Irrigation Systems Ltd (JISLJALEQS): +1.3 pp ### 20-quarter ROCE history - JISLJALEQS: Sep 2021 4.6% | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 3.7% | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 5.9% | Dec 2023 21% | Mar 2024 7.1% | Jun 2024 6.5% | Sep 2024 4.3% | Dec 2024 6.0% | Mar 2025 6.7% | Jun 2025 6.8% | Sep 2025 7.8% | Dec 2025 6.7% | Mar 2026 8.0% | Jun 2026 — ### 20-quarter ROCE change history - JISLJALEQS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −0.9 pp | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 +2.2 pp | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 −1.6 pp | Dec 2024 −15.1 pp | Mar 2025 −0.4 pp | Jun 2025 +0.3 pp | Sep 2025 +3.5 pp | Dec 2025 +0.7 pp | Mar 2026 +1.3 pp | Jun 2026 — ## Valuation Against Growth & Quality What the numbers say: There is not enough comparable evidence to name a reliable peg leader. Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy. This conclusion weakens if: The next two comparable reports reverse the current p/e signal. Evidence: No comparable leader | Not enough peers | Not enough history | 0/1 companies · 0 observations Definition: PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing. ### PEG — lowest PEG ### P/E — lowest P/E ### 20-quarter PEG history ### 20-quarter P/E history - JISLJALEQS: Sep 2021 -6,791.8 | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 57.1 | Jun 2023 63.2 | Sep 2023 -907.1 | Dec 2023 80.7 | Mar 2024 — | Jun 2024 57.7 | Sep 2024 69.0 | Dec 2024 102.6 | Mar 2025 108.3 | Jun 2025 117.4 | Sep 2025 106.2 | Dec 2025 48.6 | Mar 2026 40.4 | Jun 2026 48.0 ## What can make this comparison misleading? - A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason. - A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment. - The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed. - An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion. - 1 company draws at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; it is marked unverified wherever that figure appears. - Thin comparisons: Valuation have fewer than three usable current readings. ## Every company - Jain Irrigation Systems Ltd (JISLJALEQS) — market value ₹1.9K Cr; latest fundamentals Jun 2026; includes UNVERIFIED second-feed figures ## Source standing of each company Cross-checked: 0. Unverified: 1. Withheld: 0. Graded companies: 1. 1 of 1 company draws at least one figure from a second data feed that could not be cross-checked against the primary source, because the two do not share enough reported history to compare. Those figures are marked unverified wherever they appear. - UNVERIFIED | JISLJALEQS | Jain Irrigation Systems Ltd | too little overlapping reported history to cross-check the second feed ## Methodology and freshness Fundamentals through Jun 2026; prices through 2026-08-14. Up to 20 quarters per company. Reported history is normalized to Indian rupees crore. Missing values are not interpolated. Derived metrics are calculated only when their inputs are comparable. ## Frequently asked questions ### Is the Irrigation System sector outperforming NIFTY 500? Irrigation System has underperformed NIFTY 500 by 52.6% over 52 weeks and 18.3% over 13 weeks. 0 of 1 covered companies beat NIFTY on Mansfield relative strength, while 0 of 1 beat the sector itself. ### Which Irrigation System company is largest by revenue? Jain Irrigation Systems Ltd leads with revenue of ₹6,362 crore, based on 1 of 1 comparable companies through Jun 2026. ### Which Irrigation System company is growing fastest? Jain Irrigation Systems Ltd has the fastest current revenue growth at 8.8%, across 1 of 1 comparable companies. ### Which Irrigation System company has the strongest 4-Factor Sector Score? Jain Irrigation Systems Ltd ranks first at 29.1/100 with 71% evidence confidence. The score prioritizes research; it is not a buy recommendation. ### How much history does this Irrigation System comparison include? The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated. ### How is the 4-Factor Sector Score calculated? The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral. ### Is there a Nifty Irrigation System index? NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Irrigation System, this page builds its own equal-weight basket of 1 listed Irrigation System companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026. ### Which are the best Irrigation System stocks in India? Ranked by this page's four-factor score, Jain Irrigation Systems Ltd places first among 1 listed Irrigation System companies. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser. ### How many Irrigation System stocks are listed in India? This comparison covers 1 listed Irrigation System companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026. ### Which Irrigation System company is the biggest? Jain Irrigation Systems Ltd is the largest, with trailing-twelve-month revenue of ₹6,362 crore. That covers 1 of 1 companies with comparable reporting through Jun 2026. ### Which Irrigation System company has the best profit margins? Jain Irrigation Systems Ltd has the highest operating margin at 11%, from 1 of 1 comparable companies. Jain Irrigation Systems Ltd shows the biggest recent improvement, at -2 percentage points. A high margin matters most when it is holding or rising, not when it is peaking. ### Which Irrigation System company makes the most profit? Jain Irrigation Systems Ltd earns the most, at ₹69 crore of trailing-twelve-month net profit, from 1 of 1 comparable companies. Jain Irrigation Systems Ltd has the fastest profit growth at -80%, though growth off a small or recovering profit base overstates how much has actually changed. ### Which Irrigation System company earns the highest return on capital? Jain Irrigation Systems Ltd leads on return on capital employed at 5.3%, across 1 of 1 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year. ### Is the Irrigation System sector beating the market? Irrigation System has underperformed NIFTY 500 by 52.6% over the last 52 weeks and 18.3% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 0 of 1 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it. ### Which Irrigation System stock has the strongest price momentum? Jain Irrigation Systems Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all. ### Which Irrigation System company scores highest for research priority? Jain Irrigation Systems Ltd scores 29.1 out of 100 with 71% evidence confidence, from 9.2 points on growth and earnings, 2.4 on capital efficiency, 10 on valuation and 7.5 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research. ### How many Irrigation System companies does this comparison cover, and over what period? It compares 1 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data. ### What is the total market cap of the Irrigation System sector? The 1 Irrigation System companies on this page carry ₹1,934 crore of combined market value. Jain Irrigation Systems Ltd is the largest at ₹1,934 crore, about 100% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-20. ### How is the Irrigation System sector performing? 0 of the 1 covered Irrigation System companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 52.6% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-20. ### Why are some values on this page blank? A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad. ### Is this investment advice? No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.