JISL/SEC/2020/09/B-2/B-6 16th September, 2020 To,

Bombay Stock Exchange Ltd.,

Corporate Relationship Department,

1st Floor, New Trading Wing, Rotunda

Building, P. J. Tower, Dalal Street,

Mumbai - 400 001.

Fax No.022– 22723121/22722037(Day)

022-22721072 (Night)

Email: corp.relations@bseindia.com

To,

National Stock Exchange of India Ltd.,

Exchange Plaza, C-1, Block G,

Bandra Kurla Complex,

Bandra (East),

Mumbai - 400 051.

Fax No. : 022-26598237/38

Email : cc@nse.co.in

Ref: Code No. 500219 (BSE) & JISLJALEQS (NSE) for Ordinary Equity Shares Code No. 570004 (BSE) & JISLDVREQS (NSE) for DVR Equity Shares

Sub: Investor Communication

Dear Sir/Madam, Attached is the Investor Communication issued by the Company after the Board Meeting held on 15th September, 2020 for your record and reference. Please receive the above in order and acknowledge.

Thanking you,

Yours faithfully,

For Jain Irrigation Systems Limited,

A. V. Ghodgaonkar, Company Secretary

Regd Off. : Jain Plastic Park, N.H.No.6, Bambhori, Jalgaon – 425001. Tel. 0257-2258011/22 : Fax : 0257-2258111/22 E-mail : jisl@jains.com; Visit us at :www.jains.com

CIN : L29120MH1986PLC042028

INVESTOR

COMMUNICATION

Q1 FY20-21

The journey of Jain Irrigation Systems Ltd. started with ayoung boy who wanted to excel at his studies, even if itmeant studying under the only lamp in his village. Hisdetermination an ideas revolutionalised the face of theagricultural industry in India and in turn, he wasrecognised globally for his work.

But more than recognition, it was his devotion to do goodfor the society that gained him the affection of millions.

In no time, our founder chairman, Late Mr. Bhavarlal Jain

became ‘Bhau’ (brother) for all those who worked with

him. His journey became an inspiration and his legacy laidthe foundation of JISL.

Bhau nurtured every member of JISL in such a way thatthey adapted these values as their own with the samecommitment and passion. To the point that the lesson ofunity runs in the DNA of the organisation and eachmember of JISL is its proud guardian. Across geographies,JISL leadership and management team is experiencedwith an established track record over decades.

Fortune magazine hailed JISL as the only Indian Companyin the top 51 companies who change the world by ‘DoingWell by Doing Good’. Even when we’ve come so far, all theservices and achievements of JISL are direct outcomes ofthis deep-rooted value. The principles of staying andworking as one aren’t just things that we write on thewall. They’re commitments held by every associate,stakeholder partner and farmer. They’re tenets that havestood true through time and have been shared betweengenerations. They’re values that live in the stories of theassociates of JISL.

2

3

Q1 – Highlights

•Overseas MIS business showing strength amid a wider global economic slowdown

• India business impacted by Covid-19 restrictions

Hi-tech Agri Input Division ( Hi-Tech)

• India business impacted by lockdown restrictions

•Overseas plastic business has performed better

Plastic Division ( Plastic)

• Overseas business has continued to perform better even during pandemic

Agro Processing Division ( Agro)

• Focus on executing order in hand worth 4200 cr

• Focus on Working Capital and Operational efficiency

• Focus on strengthening the Balance Sheet

Way forward

Q1FY21 Q1FY20

Revenue 13,876 18,913

EBIDTA 777 2,695

PAT -1,586 221

Cash PAT -662 1,046

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Financial

Performance:

Q1 FY21

Q1FY21 Q1FY20

Revenue 4,710 8,281

EBIDTA 86 1,617

PAT -1,029 163

Cash PAT -621 543

Standalone

Consolidated

Rs. Mn

Rs. Mn

5

Segment

Overview:

Q1 FY21

FY21 FY20

Hi-tech Agri Inputs 2,682 4,513

Plastic 1,974 3,697

Other 54 71

Total 4,710 8,281

Standalone Revenue

Consolidated Revenue

RevenueGrowth

y-o-y

Hi-tech Agri Inputs 8,016 -7.54

Plastic 2,557 -10.81

Agro 3,159 -8.13

Other 144 -0.15

Total 13,876 -26.63

Exports from India

Q1 FY21 Growth y-o-y

Hi-tech Agri Inputs 309 -20.9%

Plastic 121 -64.5%

Agro 775 -21.0%

Total 1,206 -29.6%

Rs. Mn

Rs. Mn

Rs. Mn

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Order Book

Position :

1Q FY 21

Order Book Position

Hi-tech Agri Inputs 19,540

Plastic 7,080

Other 5

Total 26,625

Order Book Position

Hi-tech Agri Inputs 22,500

Plastic 7,278

Agro 11,176

Other 1,098

Total 42,053

Standalone

Consolidated

Rs. Mn

Rs. Mn

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Revenue

Overview :

Q1 FY21

58%18%

23%

1%

Hi-Tech Plastics Agro Other

57%

42%

1%

Hi-Tech Plastics Other

91%

9%

Domestic Export

39%

61%

India Rest of World

Standalone

Consolidated

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Working

Capital

Analysis

Days DSO June 30, 2020 DSO Mar 31, 2020 DSO June 30, 2019

Inventory AR Net WC Inventory AR Net WCInventor

yAR Net WC

Hi Tech 228 640 767 209 552 656 90 279 293

Plastic 60 270 292 53 216 235 28 136 74

Standalone Co 172 503 599 154 421 499 70 226 214

Standalone

Consolidated

Days DSO June 30, 2020 DSO Mar 31, 2020 DSO June 30, 2019

Inventory AR Net WC Inventory AR Net WC Inventory AR Net WC

Hi Tech 127 240 310 131 239 305 90 179 214

Plastic 68 153 194 64 135 168 41 112 71

Agro 195 62 165 171 71 155 226 52 166

ConsolidatedCo

141 168 245 133 165 232 113 134 172

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Debt Position

Jun 30,2020

Mar 31,2020

ChangeQoQ

Jun 30,2019

Standalone

Long Term 7.44 7.43 0.01 7.37

Short Term 24.80 23.83 0.96 11.85

Gross Debt 32.24 31.26 0.97 19.22

Net Debt 30.46 30.15 0.31 18.74

Consolidated

Long Term 32.07 31.78 0.28 30.65

Short Term 36.60 36.02 0.58 22.74

Gross Debt 68.66 67.80 0.86 53.39

Net Debt 65.20 65.32 -0.12 51.91

- 5% of gross debt (standalone) & 49% of gross debt (consolidated) is in foreign currency as of Jun 30, 2020

Year FY 21 (9 months)

FY 22 FY 23 FY 24-25 Total

Eq. US Dollar mn 19.30 2.69 0.65 0.88 23.52

Standalone Long Term Foreign Currency Loan (FCL) Repayment Schedule

Rs. Bn

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Jain Irrigation – A snapshot

Touching lives in more ways than one

Company has 30 manufacturing plants

1963Started our trading business in agricultural inputs and equipment

Rs 88 bnRevenues in 2018-19

5.2mmFarmer lives have been touched

12,200Associates globally

Incorporated in

1986

120+ countries

reached through our products

10,555+Dealers and distributorsbase globally

Micro-irrigation companyin India

#1

In mango processing

globally

#1

In tissue culture

production of banana and

pomegranate globally

#1

In onion and

vegetable dehydration globally

#3

Manufacturer of plastic

pipes in India

#1

Micro-irrigation companyglobally

#2

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Smart Irrigation Solutions

Water Wise: More Crop Per Drop

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Smart and Amrut City

Smart City: Objective is to promote cities that provide core infrastructure and give a decent

quality of life to its citizens, a clean and sustainable environment and application of ‘Smart’

Solutions

AMRUT: Atal Mission for Rejuvenation and Urban Transformation

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Food business overview

Product Range Product RangeProduct Range

Onion Processing Spices Business Fruit Processing

2nd largest onion dehydrator in the world One of the largest Spice processing facilities in IndiaLargest mango processor in the world

14

Global Brand Equity

Thank You