R M Drip & Sprinklers Systems Ltd
Incorporated in 1996, R M Drip & Sprinklers Systems Ltd manufactures micro irrigation systems[1]
- Market Cap ₹ 1,657 Cr.
- Current Price ₹ 663
- High / Low ₹ 669 / 161
- Stock P/E 69.0
- Book Value ₹ 32.9
- Dividend Yield 0.00 %
- ROCE 44.0 %
- ROE 39.0 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 20.1 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 21.1%
- Company has high debtors of 301 days.
- Promoter holding has decreased over last 3 years: -39.2%
* 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
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
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 | 3.59 | 9.61 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 161% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 344% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 68% |
| 3 Years: | 273% |
| 1 Year: | 293% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 39% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Equity Capital | 15 | 25 |
| Reserves | 26 | 57 |
| 6 | 26 | |
| 20 | 47 | |
| Total Liabilities | 67 | 156 |
| 10 | 18 | |
| CWIP | 0 | 1 |
| Investments | 0 | 0 |
| 57 | 137 | |
| Total Assets | 67 | 156 |
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% |
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