R M Drip & Sprinklers Systems Ltd.
NSE: RMDRIP · Plastic Products - Industrial
Snapshot
Unlock R M Drip & Sprinklers Systems Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
R M Drip & Sprinklers Systems Ltd. designs, manufactures, and markets micro-irrigation equipment, including drip systems, sprinklers, and HDPE pipes. The company also provides comprehensive installation and design services to support agricultural water management.
Business Model
The company generates revenue through the sale of irrigation components and systems, complemented by value-added services such as system design and installation for farmers and irrigation manufacturers.
Growth Outlook
Growth is driven by the increasing adoption of water-efficient irrigation technologies in Indian agriculture and the expansion of infrastructure for micro-irrigation systems.
Key Risks
- Monsoon Dependency. The company's performance is highly sensitive to agricultural cycles and the adequacy of monsoon rainfall, which dictates farmer spending on irrigation.
- Raw Material Price Volatility. Fluctuations in the prices of polymers and plastic resins directly impact manufacturing costs and profit margins.
- Government Policy Risk. Changes in government subsidies for micro-irrigation equipment can significantly influence demand and market penetration.
- Competitive Intensity. The micro-irrigation sector faces stiff competition from both large organised players and numerous unorganised local manufacturers.
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Key Metrics
P/E
6.8×
Q1 FY27 · consolidated
EV/EBITDA
19.5x
Q1 FY27 · consolidated
NET PROFIT MARGIN
13.1%
Q1 FY27 · consolidated
Peers · Plastic Products - Industrial
| Company | Mkt Cap | P/E (TTM) | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
R M Drip & Sprinklers Systems Ltd.RMDRIP | ₹1,011 Cr | 6.8× | 19.47 | — | 26.4% | 36.7% | 40.5% | -68.7% |
Premier PolyfilmPREMIERPOL | ₹1,013 Cr | 27.1× | 19.32 | 19.2% | 14.3% | 26.4% | 34.0% | +99.1% |
Prakash PipesPPL | ₹651 Cr | 11.8× | 7.72 | 6.1% | 10.2% | 10.7% | 14.7% | -20.1% |
Shish IndustriesSHISHIND | ₹549 Cr | 160.8× | 44.27 | 8.3% | 9.7% | 2.4% | 4.2% | +37.0% |
Dhabriya Polywood LimitedDHABRIYA | ₹535 Cr | 15.5× | 10.18 | 13.5% | 22.0% | 28.3% | 34.4% | +11.0% |
Manika Plastech LimitedMANIKA | ₹496 Cr | — | — | — | 13.0% | — | — | — |
As of Q1 FY27
Financials
R M Drip & Sprinklers Systems Ltd.
NSE: RMDRIP · Plastic Products - Industrial
Snapshot
Unlock R M Drip & Sprinklers Systems Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
R M Drip & Sprinklers Systems Ltd. designs, manufactures, and markets micro-irrigation equipment, including drip systems, sprinklers, and HDPE pipes. The company also provides comprehensive installation and design services to support agricultural water management.
Business Model
The company generates revenue through the sale of irrigation components and systems, complemented by value-added services such as system design and installation for farmers and irrigation manufacturers.
Growth Outlook
Growth is driven by the increasing adoption of water-efficient irrigation technologies in Indian agriculture and the expansion of infrastructure for micro-irrigation systems.
Key Risks
- Monsoon Dependency. The company's performance is highly sensitive to agricultural cycles and the adequacy of monsoon rainfall, which dictates farmer spending on irrigation.
- Raw Material Price Volatility. Fluctuations in the prices of polymers and plastic resins directly impact manufacturing costs and profit margins.
- Government Policy Risk. Changes in government subsidies for micro-irrigation equipment can significantly influence demand and market penetration.
- Competitive Intensity. The micro-irrigation sector faces stiff competition from both large organised players and numerous unorganised local manufacturers.
Start your research today
Unlock AI insights, financials, peers and live data on R M Drip & Sprinklers Systems Ltd. and 5,000+ companies — free.
Key Metrics
P/E
6.8x
Q1 FY27 · consolidated
EV/EBITDA
19.5x
Q1 FY27 · consolidated
NET PROFIT MARGIN
13.1%
Q1 FY27 · consolidated
Peers · Plastic Products - Industrial
As of Q1 FY27