BANGALORE:  Rainfall is very crucial for agro-based industries, but there are certain industries that mint huge profit out of the scant rainfall. Investors could turn their heads to companies which deals more when the sky is clear or the monsoon appears to be in poor state.

While the companies that manufacture fans and coolers are there to comfort you, on the other hand agriculture is to be supported with irrigation purpose based companies for the supply of sprinklers, generators and other related products are gaining a lot from the sales during the monsoon halt.

According to a report presented by Bloomberg & Capitaline, Bajaj Electricals, electrical equipment manufacturing company dealing in lighting, luminaries, appliances, fans, and related products record a sale of 4,024 crore upto FY2014 and has been increased to 19.4 percent in comparison to last year.

The investors can turn their eyes towards micro-irrigation based industries, amongst them Jain Irrigation is on the peak list, generating revenues by providing services to make better use of water in draught like situations. The company has leaped by 16.9 percent from the last year, making a sale of 5, 746 crores.

The rural area is dominated by Finolex Industries, PVC pipes, Sprinklers and manufacturing related products used for irrigation purpose. Company’s focus is on to produce more value added products, which will contribute for the better management of water resources. In the present scenario where rainfall has remarkably decreased in the month of June for the last 10 years, the company puts input lifting the efforts for resource management. The net sale made by it is 14.3 percent more than the previous year.

Kaveri Seed Company and Kirloskar Oil Engines are also some of the companies that are excelling in the business in drought –tolerant hybrids; generator, diesel engines and pumps producing respectively.

Nowadays, market trends are also dependent on monsoon, at this stage; investors can look towards the companies which perform well in the downtime.