Jain Irrigation Systems: rating update from CRISIL
Jain Irrigation Systems (JISLJALEQS) said CRISIL has reviewed its credit rating. The company is valued at about ₹2,055 crore.
What happened
Jain Irrigation Systems (JISLJALEQS) told the exchanges on 5 November 2026 at 11:49 AM that CRISIL has reviewed its credit rating.
From the filing: "The Credit Bulletin updates the bank-wise allocation of the rated facilities, while the overall rated amount and existing credit ratings remain unchanged."
Company snapshot
Jain Irrigation Systems is a small-cap company, with a market value of about ₹2,055 crore.
The stock last traded at ₹28.76, against a 52-week range of ₹22.96–₹49.95 (42.4% below the high).
Before this filing the shares had moved +7.3% over the month and −8.5% over three months. Average daily turnover over the last 20 sessions was about ₹43.72 crore.
Promoters held 26.68% at the end of Q2 FY27; 40.77% of promoter shares were pledged. Foreign institutions owned 2.13% and domestic institutions 8.66%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 1,432 | 15.3 | 0.21 |
| Q3 FY26 | 1,598 | -41.9 | 0.57 |
| Q4 FY26 | 1,824 | -12 | -0.17 |
| Q1 FY27 | 1,508 | -14.9 | -0.2 |
| Q2 FY27 | 1,577 | 16.9 | 0.23 |
What history shows
This is not the company's first credit rating disclosure: BCEIE has 3 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 2.0% on average the next trading day and was up 2.1% on average after five days (2 filings with price data).
Market-wide, 1,411 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 17 Sept 2026 | Credit Rating | +4.6% | −1.7% |
| 19 Aug 2026 | Credit Rating | −0.7% | +5.8% |
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
- Jain Irrigation Systems Says Sept-Quarter Consol Net Profit 169.4 Million Rupees
- Jain Irrigation Systems to review Q2 FY27 results on November 4
- Jain Irrigation Signs Deal for 19,000 Tonnes of Biochar Credits
- Earnings call transcript: Jain Irrigation posts strong Q2 rebound, stock edges up By Investing.com
- Jain Irrigation Signs Deal for Up to 19,000 Tonnes of Biochar
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.