Q3 FY26 revenue up 56%, PAT up 37%; completes subsidiary acquisition
RMDRIP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and in line with its Plastic Products - Industrial peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
R M Drip and Sprinklers reported Q3 FY26 standalone revenue of Rs 74.63 crore, up 56% YoY. PAT rose 37% to Rs 14.06 crore. For 9M FY26, revenue grew 66% to Rs 136.30 crore and PAT jumped 83% to Rs 25.02 crore. The board completed 100% acquisition of Brahmanand Pipes Pvt Ltd for Rs 10 lakh cash, aimed at lifting production capacity by about 50%. Chairman and MD Nivrutti Kedar redesignated as Non-Executive Chairman; his son Atharva Kedar appointed as new MD for 3 years.
Strong YoY revenue and profit growth show solid demand. Capacity expansion via new subsidiary may boost future revenue. Promoter family succession completed.