R M Drip & Sprinklers Systems Ltd
Incorporated in 1996, R M Drip & Sprinklers Systems Ltd manufactures micro irrigation systems[1]
- Market Cap ₹ 765 Cr.
- Current Price ₹ 17.9
- High / Low ₹ 72.2 / 14.8
- Stock P/E 21.8
- Book Value ₹ 2.59
- Dividend Yield 0.16 %
- ROCE 36.9 %
- ROE 36.6 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.8%
Cons
- Promoter holding is low: 21.1%
- Company might be capitalizing the interest cost
- Company has high debtors of 253 days.
- Promoter holding has decreased over last 3 years: -12.7%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|
| 50 | 131 | 197 | 207 | |
| 45 | 95 | 145 | 154 | |
| Operating Profit | 5 | 36 | 52 | 53 |
| OPM % | 11% | 27% | 27% | 26% |
| 3 | 1 | 2 | 2 | |
| Interest | 0 | 2 | 3 | 4 |
| Depreciation | 1 | 3 | 4 | 4 |
| Profit before tax | 7 | 32 | 48 | 47 |
| Tax % | 24% | 26% | 27% | |
| 5 | 24 | 35 | 35 | |
| EPS in Rs | 0.21 | 0.56 | 0.82 | 0.81 |
| Dividend Payout % | 0% | 0% | 2% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 44% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 27% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 70% |
| 3 Years: | 87% |
| 1 Year: | -56% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 33% |
| Last Year: | 37% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 15 | 25 | 25 |
| Reserves | 26 | 55 | 86 |
| 6 | 26 | 54 | |
| 20 | 50 | 45 | |
| Total Liabilities | 67 | 156 | 210 |
| 10 | 18 | 22 | |
| CWIP | 0 | 1 | 3 |
| Investments | 0 | 0 | 0 |
| 57 | 137 | 184 | |
| Total Assets | 67 | 156 | 210 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| -14 | -27 | -13 | |
| -6 | -9 | -9 | |
| 20 | 36 | 23 | |
| Net Cash Flow | 0 | -0 | 0 |
| Free Cash Flow | -20 | -39 | -21 |
| CFO/OP | -219% | -68% | -3% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 275 | 301 | 253 |
| Inventory Days | 138 | 95 | 114 |
| Days Payable | 144 | 63 | 98 |
| Cash Conversion Cycle | 269 | 333 | 268 |
| Working Capital Days | 208 | 222 | 222 |
| ROCE % | 44% | 37% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Capacity Utilization % ・Standalone data |
|
|
| Installed Capacity MTPA ・Standalone data |
||
| No. of States Served count ・Standalone data |
||
| Revenue Mix - Agriculture Pipes (Trade Network) % of revenue ・Standalone data |
||
| Revenue Mix - Micro Irrigation % of revenue ・Standalone data |
||
| Revenue Mix - Polymer & Compound % of revenue ・Standalone data |
||
| Revenue Mix - Pressure Pipes (Institutional) % of revenue ・Standalone data |
||
| Total Dealers count ・Standalone data |
||
Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication
-
Un-Audited Financial Results
- Board approved Q1 FY2026-27 results on 14 Aug 2026; Company Secretary Gracy Vijay Kale resigned effective 14 Aug 2026.
-
Board Meeting Outcome for Un-Audited Financial Results
- Board approved Q1 FY27 standalone and consolidated results; noted Company Secretary resignation effective 14 August 2026.
-
Board Meeting Intimation for Un-Audited Standalone And Consolidated Financial Results
- Board meeting on 14 Aug 2026 to approve Q1 FY27 unaudited results.
-
Announcement under Regulation 30 (LODR)-Cessation
- Ms. Gracy Vijay Kale resigned as Company Secretary and Compliance Officer, effective 14 August 2026.
Annual reports
Concalls
-
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