R M Drip & Sprinklers Systems Ltd
NSE: RMDRIP BSE: 544456
R M Drip & Sprinklers Systems Ltd (RMDRIP) is a Diversified company listed on NSE: RMDRIP | BSE: 544456. With a market cap of ₹809 Cr and ROCE of 44.7%, ROE of 39.7%, it operates in the Indian Diversified sector.
₹18.9
52W: ₹17.1 — ₹72.2
PE 23 · Book ₹2.02 · +836% vs bookMarket Cap₹809 Cr
Stock P/E23Price to Earnings
ROCE44.7%Return on Capital
ROE39.7%Return on Equity
Div. Yield0.15%Face Value ₹1
Strengths
- +Company has delivered good profit growth of 53.6% CAGR over last 5 years
- +Company has a good return on equity (ROE) track record: 3 Years ROE 29.5%
- +Company's median sales growth is 27.3% of last 10 years
Weaknesses
- −Stock is trading at 9.49 times its book value
- −Promoter holding is low: 21.1%
- −Company has high debtors of 300 days.
- −Promoter holding has decreased over last 3 years: -30.8%
Shareholding Pattern
Promoters21.06%
FIIs3.85%
DIIs0.1%
Public75%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 13.86% | 13.86% | 13.88%▲0.0 | 17.78%▲3.9 | 21.06%▲3.3 | 21.06% | 21.06% | 21.06% |
| FIIs | 0% | 0% | 2%▲2.0 | 2.12%▲0.1 | 2.97%▲0.9 | 3.01%▲0.0 | 2.5%▼0.5 | 3.85%▲1.4 |
| DIIs | 0% | 0% | 0% | 0% | 0.35%▲0.3 | 0.35% | 0.35% | 0.1%▼0.2 |
| Public | 86.14% | 86.14% | 84.12%▼2.0 | 80.1%▼4.0 | 75.62%▼4.5 | 75.57%▼0.1 | 76.09%▲0.5 | 75%▼1.1 |
Financial Statements
| Metric | Mar 2018 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Sales | 22 | 17 | 17 | 48 | 48 | 30 | 31 | 75 |
| Expenses | 18 | 14 | 14 | 33 | 33 | 22 | 23 | 52 |
| Operating Profit | 4 | 3 | 3 | 15 | 15 | 9 | 8 | 23 |
| OPM % | 18% | 17% | 17% | 31% | 31% | 29% | 27% | 30% |
| Net Profit | 2 | 2 | 2 | 10 | 10 | 5 | 6 | 14 |
| EPS ₹ | 0.17 | 0.04 | 0.04 | 0.24 | 0.24 | 0.12 | 0.13 | 0.33 |
AI Insights
Revenue Trend
TTM revenue at ₹184Cr, up 41.5% YoY. OPM at 30%.
Debt Position
Borrowings at ₹36Cr. Debt-to-equity ratio: 0.58x. Moderate leverage.
Institutional Flow
DIIs: 0.1% (+0.10pp change). FIIs: 3.85% (+3.85pp change). Promoters hold 21.06%.
Margin & Efficiency
ROCE improving from 11% (Mar 2014) to 45% (Mar 2025). Working capital days: 212.
Valuation
PE 23x with 44.7% ROCE. Price is 836% above book value of ₹2.02. Dividend yield: 0.15%.
Recent Announcements
- Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Execution Of Memorandum Of Understanding By Subsidiary Company With Government Of Maharashtra. 6 May - Subsidiary Brahmanand Pipes signed MoU for ₹100 crore investment in Maharashtra expansion on 6 May 2026.
- Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015. 26 Apr - SEBI search conducted at promoter directors’ premises on Apr 22-23, 2026; company reports no material impact.
- Board Meeting Outcome for Allotment Of Bonus Equity Shares 13 Apr - Board allotted 17.84 crore bonus shares in 5:7 ratio; record date was 10 April 2026.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Regulation 74(5) certificate filed for quarter ended 31 March 2026; no rematerialisation requests received.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 3 Apr - Postal ballot on 3 Apr 2026 passed capital increase, bonus shares, MD and independent director appointments.
- Financial Year 2025 from bse
- Financial Year 2024 from nse
- Financial Year 2023 from nse