About
R M Drip and Sprinklers Systems Limited designs, manufactures, and sells micro irrigation equipment and components in India. It offers drip irrigation systems, such as online drip openable threaded drippers, flat drip smart line, online drip lateral, and pressure compensating drippers; sprinkler irrigation systems comprising mini and micro sprinklers; and HDPE pipes. The company also provides plastic disc filters, sand/gravel media filters, fertilizer injectors, fertigation tanks, and hydro-cyclone filters. In addition, the company assists farmers in designing and installation of sprinkler and drip irrigations systems. The company serves irrigation companies and irrigation sub assembly manufacturers. R M Drip and Sprinklers Systems Limited was founded in 1994 and is based in Nashik, India.
Key Metrics
as of Sep 2026Market Cap912 Cr
P/E26.00
Div Yield0.14 %
Book Value₹2.59
52w High₹72.20
52w Low₹14.80
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 40.34 | 61.12 | 74.64 | 31.18 | 30.48 | 48.05 | 47.97 | 17.08 | 17.01 | 21.75 |
| Expenses | 31.53 | 47.90 | 52.06 | 22.87 | 21.70 | 33.08 | 33.12 | 14.12 | 14.14 | 17.85 |
| Operating Profit | 8.81 | 13.22 | 22.58 | 8.31 | 8.78 | 14.97 | 14.85 | 2.96 | 2.87 | 3.90 |
| OPM % | 21.84 | 21.63 | 30.25 | 26.65 | 28.81 | 31.16 | 30.96 | 17.33 | 16.87 | 17.93 |
| Other Income | 0.26 | 0.30 | 0.08 | 1.75 | 0.03 | 0.22 | 0.22 | 0.11 | 0.11 | 0.00 |
| Depreciation | 0.86 | 0.89 | 0.84 | 0.88 | 0.84 | 0.71 | 0.71 | 0.52 | 0.52 | 0.77 |
| Interest | 1.17 | 1.00 | 0.89 | 1.15 | 0.66 | 0.76 | 0.72 | 0.13 | 0.13 | 0.40 |
| Profit before tax | 7.04 | 11.63 | 20.93 | 8.03 | 7.31 | 13.72 | 13.64 | 2.42 | 2.33 | 2.73 |
| Tax % | 24.01 | 12.30 | 32.87 | 29.76 | 27.36 | 25.29 | 24.93 | 27.69 | 27.04 | 27.84 |
| Net Profit | 5.35 | 10.20 | 14.06 | 5.65 | 5.31 | 10.25 | 10.24 | 1.75 | 1.70 | 1.98 |
| EPS in Rs | 0.12 | 0.24 | 0.33 | 0.13 | 0.12 | 0.24 | 0.24 | 0.04 | 0.04 | 0.17 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 197.00 | 130.00 | 50.00 | 11.00 | 18.00 | 18.00 | 23.00 | 22.00 | 43.00 | 28.00 | 12.00 | 5.00 |
| Expenses | 145.00 | 95.00 | 45.00 | 12.00 | 17.00 | 16.00 | 19.00 | 26.00 | 38.00 | 25.00 | 10.00 | 5.00 |
| Operating Profit | 52.00 | 36.00 | 5.00 | -1.00 | 1.00 | 2.00 | 4.00 | -3.00 | 5.00 | 3.00 | 1.00 | 0.00 |
| OPM % | 26.00 | 27.00 | 11.00 | -9.00 | 4.50 | 11.00 | 17.00 | -16.00 | 11.00 | 12.00 | 12.00 | 1.90 |
| Other Income | 2.00 | 1.00 | 3.00 | 3.00 | 1.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| Interest | 3.00 | 2.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 |
| Depreciation | 3.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 1.00 | 0.00 | 0.00 |
| Profit before tax | 48.00 | 32.00 | 7.00 | 0.00 | -1.00 | 0.00 | 2.00 | -5.00 | 2.00 | 2.00 | 0.00 | 0.00 |
| Tax % | 26.00 | 26.00 | 24.00 | 62.00 | 77.00 | 62.00 | -39.00 | 0.00 | 31.00 | 30.00 | 33.00 | 47.00 |
| Net Profit | 35.00 | 24.00 | 5.00 | 0.00 | -1.00 | 0.00 | 3.00 | -5.00 | 2.00 | 1.00 | 0.00 | 0.00 |
| EPS in Rs | 0.82 | 0.56 | 0.21 | 0.00 | -0.08 | 0.01 | 0.24 | -0.47 | 0.14 | 0.33 | 0.13 | 0.30 |
| Dividend Payout % | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 25.00 | 25.00 | 15.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 2.00 | 1.00 | 0.48 |
| Reserves | 86.00 | 55.00 | 26.00 | 6.00 | 6.00 | 7.00 | 7.00 | 4.00 | 9.00 | 1.00 | 1.00 | 1.00 |
| Borrowings | 53.00 | 26.00 | 6.00 | 8.00 | 8.00 | 9.00 | 8.00 | 9.00 | 10.00 | 12.00 | 4.00 | 3.00 |
| Other Liabilities | 43.00 | 47.00 | 20.00 | 9.00 | 10.00 | 6.00 | 5.00 | 8.00 | 6.00 | 8.00 | 4.00 | 1.00 |
| Total Liabilities | 207.00 | 153.00 | 67.00 | 29.00 | 31.00 | 29.00 | 27.00 | 27.00 | 32.00 | 24.00 | 10.00 | 5.00 |
| Fixed Assets | 19.00 | 17.00 | 10.00 | 5.00 | 6.00 | 7.00 | 6.00 | 7.00 | 8.00 | 8.00 | 3.00 | 3.00 |
| CWIP | 3.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 3.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 181.00 | 132.00 | 57.00 | 24.00 | 25.00 | 22.00 | 21.00 | 19.00 | 24.00 | 15.00 | 7.00 | 2.00 |
| Total Assets | 207.00 | 153.00 | 67.00 | 29.00 | 31.00 | 29.00 | 27.00 | 27.00 | 32.00 | 24.00 | 10.00 | 5.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -11.00 | -22.00 | -14.00 | -2.00 | 1.00 | 3.00 | 2.00 | 2.00 | -6.00 | 3.00 | 1.00 | 1.00 |
| Cash from Investing Activity | -11.00 | -11.00 | -6.00 | 3.00 | 1.00 | -1.00 | 0.00 | 0.00 | -1.00 | -6.00 | -2.00 | -2.00 |
| Cash from Financing Activity | 23.00 | 33.00 | 20.00 | -1.00 | -3.00 | -1.00 | -2.00 | -2.00 | 8.00 | 5.00 | 2.00 | 2.00 |
| Net Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | -1.00 | 1.00 | 0.00 | -1.00 | 0.00 | 1.00 | 1.00 | 0.00 |
| Free Cash Flow | -17.00 | -34.00 | -20.00 | -2.00 | 1.00 | 1.00 | 2.00 | 1.00 | -8.00 | -4.00 | 1.00 | -2.00 |
| CFO/OP % | 0.00 | -55.00 | -219.00 | 205.00 | 122.00 | 149.00 | 46.00 | -60.00 | -111.00 | 81.00 | 81.00 | 630.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 250.00 | 300.00 | 275.00 | 497.00 | 367.00 | 298.00 | 224.00 | 207.00 | 135.00 | 86.00 | 91.00 | 75.00 |
| Inventory Days | 105.00 | 85.00 | 138.00 | 140.00 | 131.00 | 117.00 | 100.00 | 76.00 | 85.00 | 139.00 | 79.00 | 55.00 |
| Days Payable | 98.00 | 63.00 | 144.00 | 263.00 | 187.00 | 117.00 | 103.00 | 80.00 | 55.00 | 77.00 | 121.00 | 77.00 |
| Cash Conversion Cycle | 258.00 | 323.00 | 269.00 | 373.00 | 311.00 | 298.00 | 222.00 | 203.00 | 165.00 | 148.00 | 48.00 | 54.00 |
| Working Capital Days | 211.00 | 212.00 | 208.00 | 394.00 | 180.00 | 170.00 | 147.00 | 122.00 | 102.00 | 27.00 | -12.00 | 54.00 |
| ROCE % | 38.00 | 45.00 | 22.00 | 5.00 | 2.00 | 6.00 | 14.00 | -18.00 | 16.00 | 25.00 | 19.00 | 9.00 |
Corporate Actions
3 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Bonus | 10 Apr 2026 | 10 Apr 2026 | 5:7 | — | |
| Split | 26 Sep 2025 | 26 Sep 2025 | 10:1 | — | |
| Dividend | 08 Sep 2025 | 09 Sep 2025 | — | 0.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update10 Apr from brickwork
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Rating update20 Jan from brickwork
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Rating update3 Dec 2024 from brickwork
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Rating update13 Sep 2023 from brickwork
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Rating update14 Sep 2022 from brickwork
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Rating update16 Sep 2021 from brickwork