R M Drip and Sprinklers Systems Ltd
- Market cap
- ₹ 790 Cr.
- P/E
- 22.5x
- P/B
- 6.85x
- 52-week range
- 14.81 – 72.22
- ROE
- 37%
- ROCE
- 38%
- Dividend yield
- 0.2%
- Debt / equity
- 0.48
- Sector
- Industrial Products
- Industry
- Plastic Products - Industrial
- Listed on
- NSE, BSE
About
R M Drip & Sprinklers Systems Limited is an India-based company that designs and manufactures micro-irrigation equipment and components. The Company also assists the farmers in designing and installation of its sprinkler and drip irrigations systems according to their needs. The Company's products include drip irrigation systems, sprinkler irrigation systems, HDPE pipes and filters. Its drip irrigation systems include online drip openable threaded dripper, flat drip-smart line, online drip lateral and pressure compensating (PC) dripper. Its sprinkler irrigation systems include RM sprinklers, and RM mini and micro sprinklers. Its filters include plastic disc filters, sand / gravel media filters, fertilizer injectors, fertigation tanks and hydro-cyclone filters. HDPE Pipes are manufactured from 20 to 400-millimeter (mm) sizes at various pressure ratings. The Company's dealer network includes Maharashtra, Madhya Pradesh, Gujarat, Karnataka, Uttar Pradesh, Bihar, Tripura, and Jharkhand.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Plastic Products - Industrial: 78 companies →R M Drip and Sprinklers Systems Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)22.5 against a typical 21.4: pricier than most peers (1st = cheapest).40th of 76
- Sales growth+32.3% against a typical +14.5% from a year earlier.17th of 66
- Profit growth+0.8% against a typical +15.3% from a year earlier.32nd of 55
- Share price, 3 months−9.5% against a typical −8.7%.33rd of 61
- Size₹ 789.9 Cr. market value against a typical ₹ 104.4 Cr. (1st = largest).11th of 68
Latest announcements
Exchange filings and their impact on the company.
- ED searched the company and promoter premises for 19 hours; no impact claimed yet but governance overhang weighs.
The Enforcement Directorate searched R M Drip's registered office and its promoter's residence from 7:15 am on 16 October 2026 to 2:35 am on 17 October 2026. The company said that based on information available so far there is no material impact on its financial position or operations. The outcome of the proceedings is still unknown, leaving a regulatory overhang on the business.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated B- by Brickwork- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Brickwork | BWR B- | Stable | 10 Apr 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 10 Apr 2026 | Reaffirmed | BWR B-/BWR A4 → BWR B- | — | Brickwork | ₹ 12.3 Cr. | |
| 20 Jan 2026 | Reaffirmed | BWR B-/BWR A4 | — | Brickwork | ₹ 12.3 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 14 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 30 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 28 Feb 2026 | Bonus/Other business matters | To consider bonus and other business matters |
| 29 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 14 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 8 Sep 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Mar 2018 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 22 | 17 | 17 | 48 | 48 | 30 | 31 | 75 | 61 | 40 |
| Expenses | 18 | 14 | 14 | 33 | 33 | 22 | 23 | 52 | 48 | 32 |
| Operating Profit | 4 | 3 | 3 | 15 | 15 | 9 | 8 | 23 | 13 | 9 |
| OPM % | 17.9% | 16.9% | 17.3% | 31% | 31.2% | 28.8% | 26.7% | 30.3% | 21.6% | 21.8% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 3 | 2 | 2 | 14 | 14 | 7 | 8 | 21 | 12 | 7 |
| Tax % | 27.8% | 27% | 27.7% | 24.9% | 25.3% | 27.4% | 29.8% | 32.9% | 12.3% | 24% |
| Net Profit | 2 | 2 | 2 | 10 | 10 | 5 | 6 | 14 | 10 | 5 |
| EPS in Rs | 0.17 | 0.04 | 0.04 | 0.24 | 0.24 | 0.12 | 0.13 | 0.33 | 0.24 | 0.12 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 33%
- 5 Years
- 61%
- 3 Years
- 162%
- TTM
- 44%
- 10 Years
- 60%
- 5 Years
- 217%
- 3 Years
- 955%
- TTM
- 28%
- 10 Years
- —
- 5 Years
- 72%
- 3 Years
- 89%
- TTM
- —
- 10 Years
- 25%
- 5 Years
- 31%
- 3 Years
- 35%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| R M Drip and Sprinklers Systems Ltd | ₹ 15.86 | ₹ 790 Cr. | 22.5x | 6.9x | 37% | — |
| Escorts Kubota | ₹ 2,626.00 | ₹ 29,420 Cr. | 24x | 2.6x | 12% | 11.8% |
| Action Construction Equipment | ₹ 1,000.15 | ₹ 11,954 Cr. | 27.8x | 5.8x | 22.9% | 12.7% |
| ESAB India | ₹ 5,289.90 | ₹ 8,143 Cr. | 44.5x | 20.3x | 52.3% | 13.7% |
| AJAX Engineering | ₹ 552.60 | ₹ 6,324 Cr. | 30.1x | 4.9x | 17.7% | 10.7% |
| Texmaco Rail & Engineering | ₹ 99.20 | ₹ 4,034 Cr. | 23.6x | 2x | 7.6% | 3.9% |
Management
- Ajit Vilas Kulkarni
- Chief Financial Officer
- Shyam Sundar Dash
- Managing Director, Director
- Vijaykumar Hanmant Kshirsagar
- Executive Chairman of the Board
Prices are delayed and for information only. Nothing on this page is investment advice.