R M Drip & Sprinklers Systems Ltd

R M Drip & Sprinklers Systems Ltd

₹ 307 -2.00%
18 Nov - close price
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 766 Cr.
  • Current Price 307
  • High / Low 333 / 71.5
  • Stock P/E 142
  • Book Value 23.8
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 12.9 times its book value
  • Promoter holding is low: 13.9%
  • Earnings include an other income of Rs.3.15 Cr.
  • Promoter holding has decreased over last 3 years: -46.4%

* 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

Sector: Plastic products Industry: Plastics Products

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Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2023 Sep 2024
8.34 34.65
7.06 28.60
Operating Profit 1.28 6.05
OPM % 15.35% 17.46%
0.01 0.25
Interest 0.15 0.27
Depreciation 0.56 1.03
Profit before tax 0.58 5.00
Tax % 0.00% 28.00%
0.58 3.60
EPS in Rs 0.46 1.41
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024
50.27
44.80
Operating Profit 5.47
OPM % 10.88%
3.15
Interest 0.35
Depreciation 1.14
Profit before tax 7.13
Tax % 24.12%
5.41
EPS in Rs 3.59
Dividend Payout % 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Stock Price CAGR
10 Years: %
5 Years: 74%
3 Years: 170%
1 Year: 309%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024
Equity Capital
Reserves
Total Liabilities
CWIP
Investments
Total Assets

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024
Net Cash Flow

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024
Debtor Days
Inventory Days
Days Payable
Cash Conversion Cycle
Working Capital Days
ROCE %

Shareholding Pattern

Numbers in percentages

Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Apr 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
61.00% 60.23% 60.23% 60.29% 59.36% 51.91% 33.79% 27.60% 22.97% 22.97% 13.86% 13.86%
39.01% 39.78% 39.78% 39.72% 40.64% 48.09% 66.21% 72.40% 77.03% 77.03% 86.14% 86.14%
No. of Shareholders 2893013323413623533653573453071,0711,167

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