R M Drip & Sprinklers Systems Ltd
Incorporated in 1996, R M Drip & Sprinklers Systems Ltd manufactures micro irrigation systems[1]
- Market Cap ₹ 806 Cr.
- Current Price ₹ 18.8
- High / Low ₹ 72.2 / 14.8
- Stock P/E 22.9
- Book Value ₹ 2.59
- Dividend Yield 0.15 %
- ROCE 37.9 %
- ROE 36.9 %
- 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 35.4%
- Company's median sales growth is 27.3% of last 10 years
Cons
- Stock is trading at 7.26 times its book value
- Promoter holding is low: 21.1%
- Company has high debtors of 250 days.
- Promoter holding has decreased over last 3 years: -30.8%
* 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
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | 12 | 28 | 43 | 22 | 23 | 18 | 18 | 11 | 50 | 130 | 197 | |
| 5 | 10 | 25 | 38 | 26 | 19 | 16 | 17 | 12 | 45 | 95 | 145 | |
| Operating Profit | 0 | 1 | 3 | 5 | -3 | 4 | 2 | 1 | -1 | 5 | 36 | 52 |
| OPM % | 2% | 12% | 12% | 11% | -16% | 17% | 11% | 5% | -9% | 11% | 27% | 26% |
| 1 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 3 | 3 | 1 | 2 | |
| Interest | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 2 | 3 |
| Depreciation | 0 | 0 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 |
| Profit before tax | 0 | 0 | 2 | 2 | -5 | 2 | 0 | -1 | 0 | 7 | 32 | 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 | |
| EPS in Rs | 0.30 | 0.13 | 0.33 | 0.14 | -0.47 | 0.24 | 0.01 | -0.08 | 0.00 | 0.21 | 0.56 | 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: | 51% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 60% |
| 5 Years: | 217% |
| 3 Years: | 955% |
| TTM: | 47% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 69% |
| 3 Years: | 99% |
| 1 Year: | -43% |
| Return on Equity | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | 31% |
| 3 Years: | 35% |
| Last Year: | 37% |
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 | 55 | 86 |
| 3 | 4 | 12 | 10 | 9 | 8 | 9 | 8 | 8 | 6 | 26 | 53 | |
| 1 | 4 | 8 | 6 | 8 | 5 | 6 | 10 | 9 | 20 | 47 | 43 | |
| Total Liabilities | 5 | 10 | 24 | 32 | 27 | 27 | 29 | 31 | 29 | 67 | 153 | 207 |
| 3 | 3 | 8 | 8 | 7 | 6 | 7 | 6 | 5 | 10 | 17 | 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 | 132 | 181 | |
| Total Assets | 5 | 10 | 24 | 32 | 27 | 27 | 29 | 31 | 29 | 67 | 153 | 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 | -11 | -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 | -34 | -17 |
| CFO/OP | 630% | 81% | 81% | -111% | -60% | 46% | 149% | 122% | 205% | -219% | -55% | 0% |
Ratios
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 75 | 91 | 86 | 135 | 207 | 224 | 298 | 367 | 497 | 275 | 300 | 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 | 323 | 258 |
| Working Capital Days | 54 | -12 | 27 | 102 | 122 | 147 | 170 | 180 | 394 | 208 | 212 | 211 |
| ROCE % | 9% | 19% | 25% | 16% | -18% | 14% | 6% | 2% | 5% | 22% | 45% | 38% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Capacity Utilization % |
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| Installed Capacity MTPA |
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| No. of States Served count |
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| Revenue Mix - Agriculture Pipes (Trade Network) % of revenue |
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| Revenue Mix - Micro Irrigation % of revenue |
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| Revenue Mix - Polymer & Compound % of revenue |
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| Revenue Mix - Pressure Pipes (Institutional) % of revenue |
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| Total Dealers count |
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Extracted by Screener AI
Documents
Announcements
- Closure of Trading Window 27 Jun
-
Newspaper Advertisement Of Financial Results
3 Jun - Newspaper ads published for standalone and consolidated audited FY2026 results, dated June 2 and 3, 2026.
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Results-Financial Results For 31/03/2026
31 May - Board approved FY26 audited standalone and consolidated results, recommended 3% dividend, and reappointed internal auditor.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual secretarial compliance report notes delays and SOP fine of INR 1,15,000 paid for June 2025 results.
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Board Meeting Intimation for Prior Intimation Of Board Meeting To Be Held On 30Th May, 2026
25 May - Board meeting on 30 May 2026 to approve FY26 audited results and consider final dividend.
Annual reports
Concalls
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Feb 2026TranscriptAI SummaryPPT
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