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Narmada Macplast Drip Irrigation Systems Ltd

NARMP·BSE·
₹23.78▲ +1.03 (+4.53%)
Market Cap85.61 Cr
PE Ratio49.00
Volume1,14,617
Day High - Low23.88 - 22.25
52W High-Low29.04 - 14.56

Narmada Macplast Drip Irrigation Systems Ltd (NARMP): company summary

The company's annual revenue rose 90.7% year-over-year, but net profit fell 69.0% due to a sharp decline in the net profit margin, which dropped 64.6 percentage points to 12.6%.

Narmada Macplast Drip Irrigation Systems Ltd (NARMP) is a micro-cap Industrial Products company valued at ₹86 crore operating in Plastic Products - Industrial on the NSE and BSE.

Recent price move
Narmada Macplast Drip Irrigation Systems Ltd last traded at ₹23.78, up 4.53% on the day.
Recent developments
On 2026-06-30, the company reported its latest quarter results, showing revenue of ₹4 crore and net profit of ₹0 crore. The company's promoter holding remained at 5.58% as of 2026-06-30, with no changes in foreign or domestic institutional holdings.
Financial performance
The company's annual revenue rose 90.7% year-over-year, but net profit fell 69.0% due to a sharp decline in the net profit margin, which dropped 64.6 percentage points to 12.6%. The latest quarter showed revenue growth of 19.0% compared to the same quarter a year earlier, while net profit remained flat at ₹0 crore.
Valuation multiples
The stock trades at 49.0 times earnings, 9.07 times book value. It yields 0.4%.
Things to watch
The company's net profit margin has dropped significantly to 12.6%, down 64.6 percentage points from the prior year. The stock is 21.7% below its 52-week high, and the latest quarter net profit remained at ₹0 crore despite revenue growth.
Where it stands
The company's revenue has grown rapidly, but net profit has declined sharply, with the net profit margin falling to 12.6%. The stock is 21.7% below its 52-week high, and the latest quarter net profit remained at ₹0 crore.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.

DocStoX Score
5.5/10
Fair
Fair Value
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ROE
17.82%
Strong
P/E
49.00x
Expensive
Debt / Equity
0.00
Low
Industry
Industrial Products
Plastic Products - Industrial
Overall View
Mixed

Price performance

Day₹22.25
₹23.88
52W₹14.56
₹29.04
DocStoX take

Supported by growth (10.0) and momentum (7.0), but held back by valuation (0.0). Growth looks strong at 10.0, but that is offset by valuation at 0.0. We are calling it Mixed rather than resolving the conflict for you.

DocStoX score

Low confidence
5.5
/10
Fair
Quality
Solid
ROE 17.8%
Valuation
Expensive
P/E 49.0×
Growth
Strong
Revenue +29.4% 5Y CAGR
Risk
Moderate
D/E 0.00
Momentum
Firm
64% of 52-week range

At a glance

Market Cap
₹86 Cr
52W High / Low
₹29 / ₹15
Dividend Yield
0.43%
Promoter Holding
5.58%
EPS (TTM)
₹0.49
Book Value
₹0.00

Key highlights

  • Profit compounding 451% a year
  • Low leverage — D/E 0.00
  • Revenue compounding 29% a year
  • Valuation is weak (0.0/10)
  • Small ₹86 cr company — thinner liquidity
4 Positives2 Watchouts

Growth

Financials

Shareholding

Technicals

Peers

News

Forecasts

About the company

More data

Filings, corporate actions and ownership detail — opened on demand.

More Industrial Products stocks · Plastic Products - Industrial

Narmada Macplast Drip Irrigation Systems Ltd peers in Industrial Products

Other Industrial Products stocks on the NSE & BSE. See the full Industrial Products sector list.