R M Drip & Sprinklers Systems Ltd

R M Drip & Sprinklers Systems Ltd

₹ 79.1 -2.31%
01 Dec 4:00 p.m.
About

Incorporated in 1996, R M Drip & Sprinklers Systems Ltd manufactures micro irrigation systems[1]

Key Points

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

  • Market Cap 1,975 Cr.
  • Current Price 79.1
  • High / Low 86.5 / 30.2
  • Stock P/E 62.6
  • Book Value 3.47
  • Dividend Yield 0.06 %
  • ROCE 44.0 %
  • ROE 39.8 %
  • Face Value 1.00

Pros

Cons

  • Stock is trading at 22.9 times its book value
  • Promoter holding is low: 21.1%
  • Company has high debtors of 301 days.
  • Promoter holding has decreased over last 3 years: -38.3%

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2024 Sep 2024 Mar 2025 Jun 2025 Sep 2025
17.01 17.34 48.05 30.48 31.18
14.14 14.30 33.08 21.70 22.79
Operating Profit 2.87 3.04 14.97 8.78 8.39
OPM % 16.87% 17.53% 31.16% 28.81% 26.91%
0.11 0.13 0.22 0.03 1.75
Interest 0.13 0.13 0.76 0.66 1.15
Depreciation 0.52 0.52 0.71 0.84 0.88
Profit before tax 2.33 2.52 13.72 7.31 8.11
Tax % 27.04% 27.78% 25.29% 27.36% 29.47%
1.70 1.83 10.25 5.31 5.73
EPS in Rs 0.07 0.07 0.41 0.21 0.23
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Mar 2025
50 131
45 95
Operating Profit 5 36
OPM % 11% 27%
3 1
Interest 0 2
Depreciation 1 3
Profit before tax 7 32
Tax % 24% 26%
5 24
EPS in Rs 0.36 0.96
Dividend Payout % 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 107%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 279%
Stock Price CAGR
10 Years: %
5 Years: 74%
3 Years: 266%
1 Year: 163%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 40%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Mar 2025 Sep 2025
Equity Capital 15 25 25
Reserves 26 55 62
6 26 36
20 50 32
Total Liabilities 67 156 154
10 18 20
CWIP 0 1 0
Investments 0 0 2
57 137 132
Total Assets 67 156 154

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Mar 2025
-14 -27
-6 -9
20 36
Net Cash Flow 0 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Mar 2025
Debtor Days 275 301
Inventory Days 138 95
Days Payable 144 63
Cash Conversion Cycle 269 333
Working Capital Days 208 222
ROCE % 44%

Shareholding Pattern

Numbers in percentages

Sep 2022Mar 2023Apr 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
59.36% 51.91% 33.79% 27.60% 22.97% 22.97% 13.86% 13.86% 13.88% 17.78% 21.06% 21.06%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.00% 2.12% 2.97% 3.01%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.35% 0.35%
40.64% 48.09% 66.21% 72.40% 77.03% 77.03% 86.14% 86.14% 84.12% 80.10% 75.62% 75.57%
No. of Shareholders 3623533653573453071,0711,1671,2931,2441,3115,380

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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