R M Drip And Sprinklers Systems Limited (RMDRIP)

About

R M Drip And Sprinklers Systems Limited manufactures plastic products for industrial irrigation and sprinkler systems, operating in the Industrials sector with a market cap of ₹446 Cr. The company serves agricultural infrastructure markets.

Face value: ₹1

Market cap

₹587 Cr

P/E

16.7×

P/B

5.3×

Dividend yield

0.1%

ROE

31.5%

ROCE

33.6%

Debt / equity

0.48

OPM

26.6%

EPS (TTM)

₹1.4

Book value

₹4.4

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Revenue collapsed 46% from Dec 2025 (₹74.64 Cr) to Jun 2026 (₹40.34 Cr), signaling sharp demand headwinds with unclear recovery timeline.
Operating margins fell from 30.27% (Dec 2025) to 21.86% (Jun 2026), indicating volume deleverage or cost pressures; verify which and durability.
Stock crashed 53% over one year despite ROE of 31.48%, with extreme volatility (₹15.49–₹71.42 range), pointing to valuation reset or confidence loss.
Promoter holding of 21.06% with minimal institutional ownership (FII 4.24%, DII 0.1%); verify whether this reflects institutional concern, capital allocation priorities, or governance differences.

Generated analysis · source review pending

Growth drivers

Revenue decline of 46% (to ₹40.34 Cr in Jun 2026) reflects sharp demand weakness; verify if cyclical agriculture downturn or structural market loss, and government irrigation-policy support.
Strong capital efficiency (ROE 31.48%) and low leverage (D/E 0.48) provide capacity for capex and working-capital investment; verify management's growth and expansion plans.
Margin compression from 30.27% (Dec 2025) to 21.86% (Jun 2026) suggests volume deleverage; recovery to historical peak would drive earnings growth if revenue stabilises.

Generated analysis · source review pending

1,770 historical price candles were omitted because the exchange source has not been verified.

₹23.5-0.1%1Y

Quick read

rule-based

Pros

+Strong return on equity of 31.5% (3-yr avg)
+High return on capital employed of 33.6%
+Healthy operating margin of 26.6%
+Comfortable interest coverage of 16.3×

Cons

−Low dividend payout of 2.1% of profit
−Low promoter holding of 21.1%

Research score

Structured signal from quality, growth, valuation and momentum.

72/100

Business quality: 89
Growth: 57
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Supreme Industries LimitedSUPREMEINDSUPREMEIND	₹42,926 Cr	₹42,926 Cr	₹11,326 Cr	₹1,632 Cr	13.9%	₹1,032 Cr	8.5%	19.1%	16.1%	44
Garware Hi-Tech Films LimitedGRWRHITECHGRWRHITECH	₹16,067 Cr	₹16,067 Cr	₹2,258 Cr	₹497 Cr	20.5%	₹388 Cr	16%	17.6%	13.5%	89
Finolex Industries LimitedFINPIPEFINPIPE	₹9,338 Cr	₹9,775 Cr	₹3,954 Cr	₹692 Cr	16.5%	₹615 Cr	14.6%	12.2%	9.7%	133
Kingfa Science & Technology (India) LimitedKINGFAKINGFA	₹8,958 Cr	₹8,958 Cr	₹2,222 Cr	₹314 Cr	13.1%	₹226 Cr	9.3%	23.6%	17.4%	100
Time Technoplast LimitedTIMETECHNOTIMETECHNO	₹8,869 Cr	₹9,508 Cr	₹6,445 Cr	₹922 Cr	14.6%	₹490 Cr	7.8%	18.2%	13.4%	161
Prince Pipes And Fittings LimitedPRINCEPIPEPRINCEPIPE	₹2,731 Cr	₹2,871 Cr	₹2,627 Cr	₹270 Cr	8.9%	₹102 Cr	2.8%	6.4%	4.5%	71
Apollo Pipes LimitedAPOLLOPIPEAPOLLOPIPE	₹2,255 Cr	₹2,379 Cr	₹1,125 Cr	₹49 Cr	6%	₹-15 Cr	0.4%	2.1%	0.6%	58
Jain Irrigation Systems LimitedJISLJALEQSJISLJALEQS	₹1,951 Cr	₹6,013 Cr	₹6,362 Cr	₹765 Cr	12.5%	₹-53 Cr	-0.6%	7.3%	-0.4%	230
Jai Corp LimitedJAICORPLTDJAICORPLTD	₹1,571 Cr	₹1,571 Cr	₹541 Cr	₹70 Cr	10.6%	₹93 Cr	32.9%	13.1%	11.7%	269
Premier Polyfilm LimitedPREMIERPOLPREMIERPOL	₹949 Cr	₹949 Cr	₹365 Cr	₹50 Cr	13.6%	₹35 Cr	9.4%	31.2%	24.1%	102
R M Drip And Sprinklers Systems LimitedRMDRIPRMDRIP	₹587 Cr	₹640 Cr	₹207 Cr	₹53 Cr	26.6%	₹35 Cr	17.7%	33.6%	31.5%	268
Prakash Pipes LimitedPPLPPL	₹582 Cr	₹621 Cr	₹780 Cr	₹118 Cr	15.1%	₹83 Cr	10.7%	28.6%	20.5%	—

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2025	Mar 2026
	131	197
COGS	75	109
Gross profit	56	88
	-4	36
	60	52
OPM %	45.7%	26.6%
Depreciation	3	4
Interest	2	3
	1	2
Profit before tax	56	48
Tax	8	13
Tax %	14.7%	26.7%
	48	35
PAT margin %	36.7%	17.7%
EPS (₹)	10	1.4
EPS adjusted (₹)	—	0.8
	5%	2.1%
Annual report	Annual report for Mar 2025	—

₹ Cr	Mar 2025	Mar 2026
Equity capital	—	25
Reserves	—	86
Minority interest	—	2
	—	54
	156	43
Total equity & liabilities	156	210
	18	22
CWIP	—	3
Investments	0	0
	138	184
Total assets	156	210

₹ Cr	Mar 2025	Mar 2026
	-27	-13
	-9	-9
	36	23
Net cash flow	-0	0
Free cash flow	-39	-13
CFO / Operating profit %	-76.3%	-25.2%

Compounded sales growth

7 years: —
5 years: —
3 years: —
1 year: 51%

Compounded profit growth

7 years: —
5 years: —
3 years: —
1 year: -28%

Return on equity

7 years: —
5 years: —
3 years: —
Last year: 31%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2025	Mar 2026
Margins
Gross margin %	42.7%	44.7%
EBITDA margin %	27.4%	26.6%
EBIT margin %	25.5%	24.8%

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	21.06%	21.06%	21.06%	21.06%	21.06%
	3.02%	3.02%	2.5%	3.85%	4.24%
	0.35%	0.35%	0.35%	0.1%	0.1%
Government	0%	0%	0%	0%	0%
	75.57%	75.57%	76.09%	74.99%	74.6%
No. of shareholders	—	5,380	7,123	44,653	42,996

Promoter holding up 0 percentage points since Jun 2025.

64 deals · 14 Nov 2022 – 9 Jun 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
9 Jun 2026	JAINAM BROKING LIMITED	Bulk	NSE	Sell	26,57,143	₹15.21	₹4.04 Cr
24 Mar 2026	NIRAJ RAJNIKANT SHAH	Bulk	NSE	Buy	13,00,000	₹38.82	₹5.05 Cr
17 Mar 2026	NIRAJ RAJNIKANT SHAH	Bulk	NSE	Buy	20,00,000	₹36.05	₹7.21 Cr
17 Mar 2026	ANANT WEALTH CONSULTANTS PRIVATE LIMITED	Bulk	NSE	Sell	18,31,031	₹37.29	₹6.83 Cr
17 Mar 2026	JAINAM BROKING LIMITED	Bulk	NSE	Buy	18,12,850	₹36.69	₹6.65 Cr
17 Mar 2026	ISHAAN TRADEFIN LLP	Bulk	NSE	Buy	15,00,000	₹36.89	₹5.53 Cr
17 Mar 2026	ANANT WEALTH CONSULTANTS PRIVATE LIMITED	Bulk	NSE	Buy	13,89,689	₹37.23	₹5.17 Cr
17 Mar 2026	ISHAAN TRADEFIN LLP	Bulk	NSE	Sell	11,20,000	₹38.52	₹4.31 Cr
17 Mar 2026	JAINAM BROKING LIMITED	Bulk	NSE	Sell	5,000	₹37.03	₹0.02 Cr
25 Feb 2026	L7 HITECH PRIVATE LIMITED	Bulk	NSE	Sell	22,60,000	₹113.88	₹25.74 Cr

1–10 of 64

1 / 7

Mr. NIVRUTTI PANDURANG KEDARNon-Executive - Non Independent Director-Chairperson
Mr. SOMNATH KHANDERAO DATENon-Executive - Non Independent Director
Mr. MAYUR BHATTNon-Executive - Independent Director
Mr. HIREN SURENDRA MAKWANANon-Executive - Independent Director
Mr. ATHARVA NIVRUTTI KEDARExecutive Director-MD
Mrs. NEHA KAREKAR PRAMODNon-Executive - Independent Director
Kiran Ramdas ChavanChief Financial Officer
Ms. Gracy Vijay KaleCompany Secretary and Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in R M Drip And Sprinklers Systems Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

30

Annual reports

1

Annual Report FY2025from bse Summary

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

2

Final dividend23 Sept 2026 · ex-date₹0.03
Final dividend8 Sept 2025 · ex-date₹0.5

1

Board meeting to consider results14 Aug 2026

1

Face value ₹10 → ₹126 Sept 2025 · ex-date

1–3 of 4

1 / 2

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

15 announcementsExport CSV

30 Sept 2026, 5:19 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

28 Sept 2026, 2:08 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

17 Sept 2026, 12:21 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

17 Sept 2026, 11:03 amCorp. Action

Corporate Action-Board approves Dividend

Dividend PDF

17 Sept 2026, 10:58 amCompany Update

Corrigendum To Intimation Regarding Recommendation Of Final Dividend For The Financial Year Ended 31St March 2026

General PDF

9 Sept 2026, 4:08 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

8 Sept 2026, 4:17 pmCorp. Action

Corporate Action-Board approves Dividend

Dividend/AGM PDF

8 Sept 2026, 4:00 pmAGM/EGM

Intimation Of 22Nd Annual General Meeting And Record Date For Dividend

AGM PDF

Date	Category	Subject	Filing
30 Sept 2026, 5:19 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
28 Sept 2026, 2:08 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window

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Working capital
Receivable days	—	253

Leverage
Current ratio	2.46	3.07

Return ratios
Return on assets %	30.8%	16.7%

R M Drip And Sprinklers Systems Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Dividends2

Board meetings1

Stock splits1

Announcements

Dividends2

Board meetings1

Stock splits1

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Ratio timeline

Not in the F&O segment

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

2

1

1

2

1

1