RMDRIP share price, P/E, ROE & financials

R M Drip and Sprinklers Systems (RMDRIP) had a P/E of 9.1× on 6 Nov 2026, below the industry P/E of 20.4×, and the shares are 74% below their 52-week high. Its ROCE of 34% is the second-highest among the 7 largest Farm & Heavy Construction Machinery peers, and sales grew 162% a year over 3 years. Its dividend yield is 0.2%, and debt is 0.48× equity. It is a small-cap company with a market cap of ₹818 Cr, ranked 12th of 24 Farm & Heavy Construction Machinery companies by market cap; the shares fell 61% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹18.52
Day high: ₹19.26
Day low: ₹18.35
Prev. close: ₹18.35
Volume: 4.3 L

Health check

3 good · 3 to check

ReturnsBehind
−60.6% over a year, better than 0 of 7 peers.
Price tagCheaper
P/E 9.1 vs industry 20.4.
GrowthStrong
Sales +162.1%, profit +964.7% a year over 3 years.
ProfitabilityStrong
ROCE 33.6% vs peer median 19.4%.
Balance sheetStretched
Debt 0.48× equity, interest covered 16.2×, Piotroski 3 of 9.
Red flags1 to check
74% below its 52-week high.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Farm & Heavy Construction Machinery

23 listed peers. Screen the industry

Small cap

₹818 Cr, #12 of 24 in its industry by size.

Moves with the market

Beta 0.88 vs the NIFTY 50: tracks the market closely.

Key metrics

Last 12 months to Jun 2026: sales ₹207 Cr · profit ₹35 Cr

Market cap: ₹818 Cr; Small cap
P/E: 9.1; Industry 20.4
Price to book: 7.38; Peers 6.87
Dividend yield: 0.16%
ROE: 37.2%; Peers 17.7%
ROCE: 33.6%; Peers 19.4%
Debt to equity: 0.48; Debt ₹54 Cr
EPS (TTM): ₹2.11; Face value ₹1
OPM (TTM): 25.4%; Net margin 16.9%
Sales growth: +32.5%; Latest quarter vs a year ago
Profit growth: +0.1%; Latest quarter vs a year ago
Price to sales: 3.95; EV/EBITDA 16.7

Strengths

Return on equity of 37.2%.
Return on capital employed of 33.6%.
Quarterly sales up 32.5% on a year ago.
P/E of 9.1 against an industry P/E of 20.4.

Risks to check

74% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About R M Drip and Sprinklers Systems

R M Drip and Sprinklers Systems Limited designs, manufactures, and sells micro irrigation equipment and components in India. It provides drip irrigation systems, such as online drip openable threaded drippers, flat drip smart line, online drip lateral, and pressure compensating drippers; sprinkler irrigation systems comprising mini and micro sprinklers; and HDPE pipes. The company also offers plastic disc filters, sand/gravel media filters, fertilizer…

Headquarters: Nashik
Employees: 127
Sector: Industrials
ISIN: INE219Y01026
Website: rmdrip.com

Price range

52 weeks

₹14.81₹72.22

Today

₹18.35₹19.26

Avg volume (3M): 4.5 L
1-year return: minus 60.6%
From 52-week high: minus 73.6%

Peers · Farm & Heavy Construction Machinery

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
ASHOKLEYAshok Leyland	172.09	plus 1.10%	1,01,083	29.1	12.2	14.5%	21.5%	3.45	10.6%	plus 21.2%
ESCORTSEscorts Kubota	2,443.40	minus 0.67%	26,888	20.4	13.5	14.4%	11.5%	0.01	11.3%	minus 35.6%
ACEAction Construction Equipment	1,167.70	plus 3.55%	13,900	31.8	25.5	28.5%	15.6%	0.00	15.0%	plus 2.8%
OLECTRAOlectra Greentech	1,026.35	minus 2.21%	8,424	47.5	26.6	19.4%	13.8%	0.31	28.4%	minus 30.9%
AJAXENGGAjax Engineering	556.65	minus 1.24%	6,369	28.1	20.0	21.4%	12.5%	0.00	22.2%	minus 5.8%
SWARAJENGSwaraj Engines	3,495.30	minus 1.97%	4,247	20.0	15.2	52.8%	12.6%	0.01	12.2%	minus 9.6%
VSTTILLERSV.S.T Tillers Tractors	3,941.70	minus 2.48%	3,411	31.4	16.5	12.4%	13.3%	0.00	7.2%	minus 33.8%
RMDRIPR M Drip and Sprinklers Systems	19.10	plus 4.09%	818	9.1	15.7	33.6%	20.0%	0.48	162.1%	minus 60.6%
Median of 7 peers	–	−1.24%	8,424	29.1	16.5	19.4%	13.3%	0.01	12.2%	−9.6%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
30.5	31.2	74.6	61.1	40.4
21.7	22.8	52.1	48.3	31.4
8.8	8.4	22.6	12.8	8.9
28.8%	26.9%	30.2%	21.0%	22.1%
0	1.8	0.1	0	0.1
0.7	1.2	0.9	0.4	1.2
0.8	0.9	0.8	1	0.9
7.3	8.1	20.9	11.4	7
27.4%	29.4%	32.9%	12.6%	24.1%
5.3	5.7	14	10	5.3
0.21	1.34	0.33	0.23	0.21

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +162.1%
Profit CAGR 3Y: +964.7%
EPS CAGR 3Y: +604.4%
ROE: 37.2%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
11	50.3	131	197
–	+358.9%	+160.5%	+50.7%
10.4	40.9	94.8	142
0.6	9.4	36.1	55.5
5.5%	18.6%	27.6%	28.1%
1.2	3.1	0	1.4
0.8	0.4	1.3	3.1
0.9	1.1	2.5	3.5
–	−3.9	−0	−2.6
0.1	7.1	32.3	47.6
62.7%	24.2%	25.6%	26.7%
0	5.4	24	34.9
–	+18620.8%	+343.3%	+45.7%
0.00	0.15	0.56	0.82

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
6.7	15.1	25	25
6	22.5	52	86
7.6	5.8	26.4	53.6
8.5	20.4	26.9	45
28.8	63.8	130	210
5	11.5	20.6	25.2
–	0	1.5	2.9
0.1	3.3	1.6	2.6
0.1	0.5	0.3	0.9
23.6	48.4	106	178
28.8	63.8	130	210

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−1.9	−13.7	−22.7	−13.2
2.9	−6.2	−11.7	−9.4
−1.2	20.4	34.2	22.8
−0.2	0.5	−0.2	0.2
−0	−6.3	−12	−8.2
−1.9	−20	−34.7	−21.3
–	–	–	−1.2

Shareholding pattern

Source: NSE filings

21.1%

promoters

Promoters21.06%
Public78.94%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	21.06%	78.94%	0.00
30 Jun 2026	21.06%	78.94%	0.00
31 Mar 2026	21.06%	78.94%	0.00
31 Dec 2025	21.06%	78.94%	0.00
30 Sep 2025	21.06%	78.94%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you