R M DRIP & SPRINK SYS LTD
Latest filings
- ED searches at R M Drip office and promoter's residence · Regulatory & Legal
- RTA certificate confirms no share rematerialisation requests in Q2 FY27 · Compliance
- 22nd AGM results: all 3 resolutions passed, Rs 0.03 per share dividend declared · Board & Shareholder Meetings
Snapshot
What the business is, and whether it's a good one at a fair price.
Manufactures micro-irrigation equipment — drip and sprinkler systems — along with HDPE and PVC pipes and mulch films, sold primarily to farmers and the agricultural sector through a dealer and distributor network. Revenue in FY26 reached ₹197.38 crore, up 52% year-on-year, with growth supported by the core irrigation business and the January 2026 acquisition of Brahmanand Pipes Private Limited, which added pipe manufacturing capacity. An IoT-based smart irrigation automation segment is being launched, with the company expecting it to contribute around 5% of revenue by FY27, alongside a Godrej Agrovet tie-up covering 25 stores. The subsidiary has signed an MoU with the Government of Maharashtra for a proposed ₹100 crore investment in expansion. The dealer network stood at roughly 1,000 in 9M FY26 with a stated target of 2,000 by FY30, and exports cover markets in Africa and Australia. Raw materials — predominantly polymers — form the dominant cost at 61.6% of revenue.
Scorecard
Measured from the filed financials, judged against its Plastic Products - Industrial peers · as of FY26 — not investment advice
Strengths
Concerns
Charts
How has the market priced it — with filings on the timeline?
RMDRIP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Peers
How does it stack up on valuation, returns and growth?
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Financials
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Ownership
Who owns it — and is the promoter stake clean?
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Common questions
Answered from R M DRIP & SPRINK SYS LTD's filed financials and exchange disclosures
What does R M DRIP & SPRINK SYS LTD do?
R M DRIP & SPRINK SYS LTD is a Industrial Products company listed on NSE and BSE, trading under the symbol RMDRIP.
Is R M DRIP & SPRINK SYS LTD profitable?
Yes. Over the trailing twelve months R M DRIP & SPRINK SYS LTD reported a net profit of ₹35 Cr on revenue of ₹207 Cr.
Does R M DRIP & SPRINK SYS LTD pay a dividend?
Yes. The dividend yield is 0.18% at the current price. It paid out 4% of its profit as dividend in FY26.
Is R M DRIP & SPRINK SYS LTD debt-free?
No. It reported borrowings of ₹54 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹53 Cr after cash. Debt stands at 0.48× equity. That is higher than 70% of its 45 Plastic Products - Industrial peers.
Is R M DRIP & SPRINK SYS LTD expensive compared with its peers?
On trailing P/E, R M DRIP & SPRINK SYS LTD ranks 6 of 46 in Plastic Products - Industrial — cheaper than 89% of them, against an industry median of 14.4×. This is a position, not a valuation judgement.
How much does the R M DRIP & SPRINK SYS LTD share price move in a day?
On a typical session R M DRIP & SPRINK SYS LTD moves 1.47% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.
Where can I track R M DRIP & SPRINK SYS LTD's announcements?
Every NSE and BSE filing by R M DRIP & SPRINK SYS LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.