R M Drip and Sprinklers Systems Limited

R M Drip and Sprinklers Systems Limited (RMDRIP) is a micro-cap Industrial Products company valued at ₹892 crore operating in Plastic Products - Industrial on the NSE and BSE.

Recent price move

R M Drip and Sprinklers Systems Limited last traded at ₹19.91, modestly down 1.14% on the day.

Recent developments

On 2026-04-10, the company announced a bonus issue of 1:1.71429, which increased the number of shares outstanding. On 2026-09-23, a dividend of ₹0.03 per share was declared, payable to shareholders of record on that date.

Financial performance

The company's business is growing, with annual revenue rising 51.8% and annual net profit increasing 45.5%. However, the net profit margin narrowed by 0.8 percentage points to 17.7%, while return on equity and return on capital employed remained strong at 31.5% and 30.8%, respectively.

Valuation multiples

The stock trades at 24.3 times earnings, 9.07 times book value. It yields 0.1%.

Things to watch

The stock is 71.3% below its 52-week high, reflecting a significant drop from its peak. The net profit margin has declined slightly, which could indicate rising costs or pricing pressures. Promoter holding remains at 21.06%, with no significant changes reported.

Where it stands

R M Drip and Sprinklers Systems Limited has shown strong revenue growth over the past few years, with the latest quarter revenue rising 32.5% compared to the same quarter a year earlier. The net profit margin has slightly declined, but return on equity and return on capital employed remain robust. The stock is currently 71.3% below its 52-week high.

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.