R M Drip and Sprinklers Systems Limited has informed the Exchange regarding Outcome of Board Meeting held on May 13, 2025.
RMDRIP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
R M Drip and Sprinklers Systems Limited announced audited financial results for Q4/FY25 with revenue from operations surging to Rs. 13,034.21 lakhs (standalone) from Rs. 5,026.92 lakhs in FY24, a growth of around 159%. Standalone profit after tax jumped to Rs. 2,392.63 lakhs from Rs. 541.03 lakhs, up about 342%, with EPS rising to Rs. 9.95 from Rs. 4.45. Consolidated results were broadly similar with PAT of Rs. 2,407.97 lakhs. The statutory auditor (M/s Bilimoria Mehta & Co) issued an unmodified (clean) opinion on both standalone and consolidated results. The Board also recommended a dividend of Rs. 0.50 per equity share (face value Rs. 10) for FY25, subject to shareholder approval, and appointed new internal and secretarial auditors. However, the company reported negative operating cash flow of Rs. (2,238.70) lakhs on a standalone basis, with trade receivables nearly tripling to Rs. 10,720.72 lakhs.
Strong top-line and bottom-line growth along with a clean audit report and maiden dividend signal positive momentum for shareholders, likely supporting the stock. However, negative operating cash flow and sharply rising receivables and borrowings indicate the company is funding growth largely through debt and working capital stretch, which is a watchpoint.