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What is the Narmada Macplast Drip Irrigation Systems Ltd (NARMP) share price today?

Narmada Macplast Drip Irrigation Systems Ltd (NARMP) is trading at ₹20.3 on the BSE, up 1.55% on the day. Source: DocStoX.

What is the PE ratio of Narmada Macplast Drip Irrigation Systems Ltd?

Narmada Macplast Drip Irrigation Systems Ltd has a price-to-earnings (PE) ratio of 13.6 in the Industrials sector.

What is the market capitalisation of Narmada Macplast Drip Irrigation Systems Ltd?

Narmada Macplast Drip Irrigation Systems Ltd has a market capitalisation of approximately ₹72 crore.

Narmada Macplast Drip Irrigation Systems Ltd

NARMP·BSE·Industrials

₹20.30▲ +0.31 (+1.55%)

Industrials · Industrial Products

Debt-free and consistently profitable

Day₹20.00

₹20.90

52W₹15

₹3529%

Open

₹20.05

High

₹20.90

Low

₹20.00

Prev Close

₹19.99

Volume

7.3K

VWAP

₹20.17

Snapshot

Key fundamentals

Market Cap

₹72 Cr

P/E Ratio

13.62Cheap

P/B Ratio

7.71

EPS

₹1.49

Book Value

₹2.59

ROE

69.79%Strong

ROCE

20.83%Efficient

Dividend Yield

0.50%

Debt / Equity

0.00Low

Face Value

₹2.00

52W High

₹34.55

52W Low

₹14.56

Sector

Industrials

Industry

Industrial Products

Fairly Valued

Narrow moatHigh uncertainty

Fair value estimate

₹23

▲ 13.3%upside

Trading at ₹20 — 13% below our estimate

BearFair valueBull

₹20₹23₹26

/100

Business quality — Solid

Growth 50Profitability 100Efficiency 64Valuation 95

Plain English

Our view

Debt-free and consistently profitable
Virtually debt-free balance sheet

Strengths

Virtually debt-free balance sheet
Strong returns on equity (70%)
Capital is working hard (ROCE 21%)
Reasonably priced at 14× earnings

How we got there

Fair value methods

Residual income

70% ROE fading to 12% over ~10 yrs, on ₹3 book

₹23

Relative P/E

Needs positive EPS

—

Graham floor

Needs positive EPS

—

Analyst target

No analyst coverage

—

Blended fair value₹23

What the numbers say

Investment thesis

Bull case

Virtually debt-free balance sheet
Strong returns on equity (70%)
Capital is working hard (ROCE 21%)
Reasonably priced at 14× earnings

Bear case

No notable red flags from the current metrics.

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

13.6Cheap

Below 15× is value territory; above 35× prices in strong growth

ROE

69.8%Strong

Above 15% is considered healthy for Indian equities

ROCE

20.8%Efficient

Above 18% means capital is working hard

Debt/Eq

0.00Low

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹72 Cr

P/B

7.71

EPS

₹1.49

Div Yield

0.50%

What changed

Recent changes

No notable changes to report.

What matters

News impact

Overview

Valuation

Attractive

P/E 13.6×

Growth

Steady

+10% rev CAGR

Profitability

Excellent

69.8% ROE

Financial health

Rock solid

D/E 0.00

Momentum

N/A

No technicals

Today

Trading activity

Delivery %—

Turnover₹1.47L Cr

Trades29

VWAP₹20.17

Face value₹2.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+9.9%

+29.4%

10Y

+43.1%

Profit

+450.7%

—

10Y

+42.0%

EPS

—

10Y

—

Profile

Pros

Company is almost debt free.

Watch-outs

Cons

Stock is trading at 7.70 times its book value
Promoter holding is low: 5.58%
Company has high debtors of 372 days.
Promoter holding has decreased over last 3 years: -40.1%

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 31 Mar 2026

Ownership was broadly stable versus the previous quarter. The QoQ column shows each group's change versus the prior quarter.

Promoter

Promoters

5.6%0.00

Public

36.9%-3.58

FII / FPI

0.0%0.00

DII

0.0%0.00

Others

57.6%

Total shareholders

7,669-331 QoQ

Quarterly trend

Ownership over time

Q4 FY26

Promoter5.58%

Public36.86%

Others57.56%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in 1992, Narmada Macplast Drip Irrigation Systems Ltd is in business of drip irrigation system[1]