R M Drip & Sprinklers Systems Ltd
Incorporated in 1996, R M Drip & Sprinklers Systems Ltd manufactures micro irrigation systems[1]
- Market Cap ₹ 679 Cr.
- Current Price ₹ 15.9
- High / Low ₹ 72.2 / 14.8
- Stock P/E 19.3
- Book Value ₹ 2.59
- Dividend Yield 0.19 %
- ROCE 38.3 %
- ROE 37.5 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 217% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 36.0%
- Company's median sales growth is 27.3% of last 10 years
Cons
- Promoter holding is low: 21.1%
- Company has high debtors of 250 days.
- Promoter holding has decreased over last 3 years: -6.54%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Plastic Products - Industrial
Part of BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | 12 | 28 | 43 | 22 | 23 | 18 | 18 | 11 | 50 | 130 | 197 | 207 | |
| 5 | 10 | 25 | 38 | 26 | 19 | 16 | 17 | 12 | 45 | 94 | 145 | 154 | |
| Operating Profit | 0 | 1 | 3 | 5 | -3 | 4 | 2 | 1 | -1 | 5 | 36 | 52 | 53 |
| OPM % | 1.9% | 12% | 12% | 11% | -16% | 17% | 11% | 4.5% | -9% | 11% | 27% | 26% | 26% |
| 1 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 3 | 3 | 1 | 2 | 2 | |
| Interest | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 2 | 3 | 4 |
| Depreciation | 0 | 0 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 3 |
| Profit before tax | 0 | 0 | 2 | 2 | -5 | 2 | 0 | -1 | 0 | 7 | 32 | 48 | 48 |
| Tax % | 47% | 33% | 30% | 31% | 0% | -39% | 62% | 77% | 62% | 24% | 26% | 26% | |
| 0 | 0 | 1 | 2 | -5 | 3 | 0 | -1 | 0 | 5 | 24 | 35 | 35 | |
| EPS in Rs | 0.13 | 0.06 | 0.24 | 0.14 | -0.47 | 0.24 | 0.01 | -0.08 | 0.00 | 0.21 | 0.56 | 0.82 | 0.82 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | 2% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 33% |
| 5 Years: | 61% |
| 3 Years: | 162% |
| TTM: | 44% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 60% |
| 5 Years: | 217% |
| 3 Years: | 955% |
| TTM: | 28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 75% |
| 3 Years: | 66% |
| 1 Year: | -66% |
| Return on Equity | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | 31% |
| 3 Years: | 36% |
| Last Year: | 38% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.48 | 1 | 2 | 7 | 7 | 7 | 7 | 7 | 7 | 15 | 25 | 25 |
| Reserves | 1 | 1 | 1 | 9 | 4 | 7 | 7 | 6 | 6 | 26 | 52 | 86 |
| 3 | 4 | 12 | 10 | 9 | 8 | 9 | 8 | 8 | 6 | 26 | 53 | |
| 1 | 4 | 8 | 6 | 8 | 5 | 6 | 10 | 9 | 20 | 24 | 43 | |
| Total Liabilities | 5 | 10 | 24 | 32 | 27 | 27 | 29 | 31 | 29 | 67 | 127 | 207 |
| 3 | 3 | 8 | 8 | 7 | 6 | 7 | 6 | 5 | 10 | 19 | 19 | |
| CWIP | -0 | 0 | 0 | 0 | 0 | -0 | -0 | -0 | -0 | 0 | 1 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | -0 | 2 | 3 |
| 2 | 7 | 15 | 24 | 19 | 21 | 22 | 25 | 24 | 57 | 104 | 181 | |
| Total Assets | 5 | 10 | 24 | 32 | 27 | 27 | 29 | 31 | 29 | 67 | 127 | 207 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | 3 | -6 | 2 | 2 | 3 | 1 | -2 | -14 | -22 | -11 | |
| -2 | -2 | -6 | -1 | 0 | 0 | -1 | 1 | 3 | -6 | -12 | -11 | |
| 2 | 2 | 5 | 8 | -2 | -2 | -1 | -3 | -1 | 20 | 33 | 23 | |
| Net Cash Flow | 0 | 1 | 1 | -0 | -1 | -0 | 1 | -1 | -0 | 0 | -0 | 0 |
| Free Cash Flow | -2 | 1 | -4 | -8 | 1 | 2 | 1 | 1 | -2 | -20 | -33 | -17 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 630% | 81% | 81% | -111% | -60% | 46% | 149% | 122% | 205% | -219% | -53% | 0% |
Ratios
Standalone / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 75 | 91 | 86 | 135 | 207 | 224 | 298 | 367 | 497 | 275 | 224 | 250 |
| Inventory Days | 55 | 79 | 139 | 85 | 76 | 100 | 117 | 131 | 140 | 138 | 85 | 105 |
| Days Payable | 77 | 121 | 77 | 55 | 80 | 103 | 117 | 187 | 263 | 144 | 63 | 98 |
| Cash Conversion Cycle | 54 | 48 | 148 | 165 | 203 | 222 | 298 | 311 | 373 | 269 | 247 | 258 |
| Working Capital Days | 54 | -12 | 27 | 102 | 122 | 147 | 170 | 180 | 394 | 208 | 199 | 211 |
| ROCE % | 9% | 19% | 25% | 16% | -18% | 14% | 6% | 2% | 5% | 22% | 46% | 38% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Capacity Utilization % |
|
|
| Installed Capacity MTPA |
||
| No. of States Served count |
||
| Revenue Mix - Agriculture Pipes (Trade Network) % of revenue |
||
| Revenue Mix - Micro Irrigation % of revenue |
||
| Revenue Mix - Polymer & Compound % of revenue |
||
| Revenue Mix - Pressure Pipes (Institutional) % of revenue |
||
| Total Dealers count |
||
Extracted by Screener AI
Documents
Announcements
-
Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015.
- ED conducted search at company office and promoter residence on 16-17 October 2026.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended 30 September 2026; no rematerialisation requests received.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- 22nd AGM voting results: audited accounts adopted, ₹0.03 dividend approved, MD reappointed on 30 Sep 2026.
- Shareholder Meeting / Postal Ballot-Outcome of AGM
- Closure of Trading Window
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from nse
-
Annual Report 2023
from nse
-
Annual Report 2022
from nse
-
Annual Report 2021
from nse
-
Annual Report 2020
from nse
-
Annual Report 2019
from nse
-
Annual Report 2018
from nse
Concalls
-
Feb 2026PPT
Business Overview:[1][2]
Company designs and manufactures micro irrigation equipment and components. It assists farmers in designing and installation of Sprinkler and Drip Irrigations systems. It is also Original Equipment supplier to many irrigation companies and various irrigation sub assembly manufacturers. Company has a dealer network in Maharashtra, Madhya Pradesh, Gujarat, Karnataka and Uttar Pradesh, Bihar and Jharkhand with Greaves Cotton Ltd