RMDRIPIndustrials

R M Drip and Sprinklers Systems Limited

Plastic Products - Industrial · ISIN INE219Y01026 · BSE 544456 · NSE BE · FV ₹1
Last price
₹23
-0.95%today
What this company does

R M Drip and Sprinklers Systems Limited operates in Plastic Products - Industrial, part of the Industrials sector. It booked ₹40 cr of revenue in its latest quarter (Q1 FY27) and kept 13.2% of sales as profit.

Their stated mission

is to be the irrigation industry leader by 2026.

In the report:
60out of 100
Equitytale Health Score
Mixed

Healthier than 60% of companies in Industrials, on the 5 of 6 measures we could read for it. Each measure is ranked against the 51–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
67

At close. Not part of the score.

Profitability & returns80

How much profit it earns on the money it employs

Balance sheet52

How much it owes, and whether earnings cover the interest

Cash quality22

Whether reported profit actually arrives as cash

Valuation56

What today's price implies, against our models or its peers

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 33% vs last year
No promoter shares pledged
Strong 19% return on equity
Watch-outs
! Operating cash flow is negative

What if I invest in RMDRIP?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹23 -0.95%
latest close · 2026-09-17
52-wk low ₹1742 sessions so far52-wk high ₹25
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio27.4Average
LowAverageHigh
P/B ratio8.88High
Below bookModerateHigh
EV / EBITDA28.8High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity19.2%Strong
WeakFairStrong ▸15%
Return on capital21.6%Strong
WeakFairStrong
Net margin13.2%Decent
ThinDecentStrong
EBITDA margin22.4%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.48Comfortable
LowModerateHigh ▸1
Interest cover7.0×Strong
RiskyOkayStrong ▸5×
Current ratio3.07Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹985 cr
Book value
₹3
EPS
₹0.21
latest quarter
Net debt
₹53 cr
owes more than its cash
Enterprise value
₹1,038 cr
EBITDA
₹36 cr
annualised
EBIT
₹33 cr
annualised
Operating margin
20.2%
Return on assets
10.1%
Earnings yield
3.65%
P/S
6.10
Sales / share
₹3.8
Tax rate
24.1%
Face value
₹1
Shares
42.8 cr
Working capital
₹121 cr
Current assets
₹180 cr
Current liabilities
₹59 cr
Delivery %
71.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹16 vs market price ₹23 — price is 45% above it
Safety cushion-44.8%(target ≥ +20%)
Models span ₹14₹17, midpoint ₹16
Model ₹16
Price ₹23
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹40 cr
Other Income₹8.3 L
Total Income₹40 cr
Cost of Materials₹24 cr
Purchases of Stock-in-Trade₹52.8 L
Inventory Change (±)₹1 cr
Employee Benefit Expense₹2 cr
Finance Costs₹1 cr
Depreciation & Amortisation₹85.7 L
Other Expenses₹4 cr
Total Expenses₹33 cr
Profit before Tax₹7 cr
Tax Expense₹2 cr
Net Profit₹5 cr
Net margin on total income13.1%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹25 cr62.6%
Employee benefit expense₹2 cr4.8%
Finance costs₹1 cr2.9%
Depreciation & amortisation₹85.7 L2.1%
Other expenses₹4 cr10.3%
Tax expense₹2 cr4.2%
Profit for the period₹5 cr13.1%
Total income ₹40 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue75 cr61 cr40 cr
Total income75 cr61 cr40 cr
Expenses54 cr50 cr33 cr
Profit before tax21 cr11 cr7 cr
Tax7 cr1 cr2 cr
Net profit (owners' share)14 cr10 cr5 cr
Net margin (owners' share, on revenue)18.8%16.4%13.2%
EPS (₹)0.560.400.21
YoY (latest quarter): total income +32.6% · net profit +0.2%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹210 cr
Shareholder equity
₹111 cr
parent shareholders
Total debt
₹54 cr
Cash
₹72.3 L
Cash flow · H1 FY26
Operating
₹-6 cr
Investing
₹-1 cr
Financing
₹7 cr
Peer comparison
Plastic Products - Industrial · by market value
CompanyPriceMarket capP/E
Supreme Industries Limited₹3,344₹42,491 cr37.8
Astral Limited₹1,399₹37,630 cr78.2
Garware Hi-Tech Films Limited₹6,503₹15,105 cr28.5
Finolex Industries Limited₹154₹9,549 cr20.9
Time Technoplast Limited₹175₹8,615 cr18.6
Kingfa Science & Technology (India) Limited₹5,856₹7,935 cr24.7
Prince Pipes And Fittings Limited₹259₹2,860 cr21.2
Apollo Pipes Limited₹526₹2,316 cr
Jain Irrigation Systems Limited₹30₹2,216 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.5
ex 8 Sep 2025
ActionDetailEx-date
Bonus issue7:510 Apr 2026
Stock splitStock Split From Rs.10/- to Rs.1/-26 Sep 2025
Dividend₹0.5 / share8 Sep 2025
Who owns it · 2026-06-30
No pledge
Promoter
21.1%
FII / Foreign
4.2%
DII / Domestic
0.1%
Retail / others
74.6%
Promoter stake up 2.9% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtNivrutti Pandurang Kedar · Promoters8.19 L · ₹44.2 cr28 May 25
BoughtNivrutti Pandurang Kedar · Promoters9.74 L · ₹2.0 cr21 Mar 25
SoldVinod Makani · -2.70 L · ₹60.3 L3 Feb 23
Bulk / block deals
SoldJAINAM BROKING LIMITED · NSE26.57 L @ ₹15.219 Jun 26
BoughtNIRAJ RAJNIKANT SHAH · NSE13.00 L @ ₹38.8224 Mar 26
BoughtNIRAJ RAJNIKANT SHAH · NSE20.00 L @ ₹36.0517 Mar 26
Stake changes
SoldHitesh Natwarlal Kawa→ 3.42% · 25.95 L12 Feb 26
SoldAnant Wealth Consultants Private Ltd along with pac→ 3.78% · 56.00 L6 Feb 26
SoldKunal Haresh Mehta→ 13.14% · 49.86 L2 Feb 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 15 Sep 2025
See the official result
1
To receive, consider and adopt the audited financial statements (including audited consolidated financial statements) for the financial year ended 31st March, 2025 and the Reports of the Directors and the Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
60.42 L votes for, 0 against
2
To declare Final dividend for the financial year ended 31st March, 2025
Backed by 100% of shareholders other than promotersneeded 50%
60.42 L votes for, 0 against
3
To appoint Director in place of Mr. Nivrutti Pandurang Kedar (DIN: 06980548) who retires by rotation & being eligible offers herself for re-appointment as Director
Backed by 100% of shareholders other than promotersneeded 50%
60.42 L votes for, 0 against
4
APPROVAL FOR SUB-DIVISION/ SPLIT OF EXISTING 1 (ONE) EQUITY SHARE OF FACE VALUE OF Rs. 10/- (RUPEES TEN ONLY) EACH FULLY PAID UP INTO 10 (TEN) EQUITY SHARES OF FACE VALUE OF Rs. 1/- (RUPEE ONE ONLY) EACH FULLY PAID UP
Backed by 100% of shareholders other than promotersneeded 50%
60.42 L votes for, 0 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 5 named members
owning 21.1% between them · as of 2026-06-30
NIVRUTTI PANDURANG KEDAR18.03%
KEDAR NIVRUTTI PANDURANG1.08%
SUREKHA NIVRUTTI KEDAR0.98%
ANUJA NIVRUTTI KEDAR0.95%
ATHARVA NIVRUTTI KEDAR0.02%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.