This small-cap stock, engaged in manufacturing and supplying drip irrigation, sprinkler systems, filtration units, and fertilizer tanks, and offering technical support services, jumped 3 percent after the company reported March quarterly results with a 471 percent QOQ increase in net profit.
With a market capitalization of Rs. 1,321.44 crores, the share of R M Drip and Sprinklers Systems Limited has reached an intraday high of Rs. 529.80 per equity share, rising nearly 2.70 percent from its previous day’s close price of Rs. 515.85. Since then, the stock has retreated and is currently trading at Rs. 529 per equity share.
Coming into the results of R M Drip and Sprinklers Systems Limited, the company’s consolidated revenue from operations increased by 130.30 percent YOY, from Rs. 41.92 crore in H2 FY24 to Rs. 96.54 crore in H2 FY25, and grew by 178.70 percent HoH from Rs. 34.64 crore in H1 FY25.
In H2 FY25, R M Drip and Sprinklers Systems Limited’s consolidated net profit increased by 324.02 percent YOY, reaching Rs. 20.48 crore compared to Rs. 4.83 crore during the same period last year. As compared to H1 FY25, the net profit has increased by 470.47 percent, from Rs. 3.59 crore. The basic earnings per share increased by 148.40 percent and stood at Rs. 8.52 as against Rs. 3.43 recorded in the same period in the previous year, 2024.
Dividend: The R M Drip and Sprinklers Systems board of directors has recommended paying a final dividend at the rate of 5 percent on the face value of paid-up equity shares of Rs. 10 each for the financial year 2024-25, which is a dividend of Rs. 0.5 per equity share.
FY25 Result: R M Drip and Sprinklers Systems Limited’s revenue has increased from Rs. 50.26 crore in FY24 to Rs. 131.19 crore in FY25, which is a growth of 161.02 percent. The net profit has also grown by 345.10 percent, from Rs. 5.41 crore in FY24 to Rs. 24.08 crore in FY25.
R M Drip and Sprinklers Systems Limited was established in 2004 and designs and manufactures micro-irrigation equipment. It assists farmers with system design and installation, serving markets across several Indian states with a strong dealer network and a focus on quality and water-efficient irrigation solutions
The company provides a range of farming solutions, including drip and sprinkler irrigation systems. They also offer filtration systems like disc, screen, and hydrocyclone filters, along with fertilizer tanks. The company supports farmers through installation services, after-sales support, and training for effective system use.
Written By – Nikhil Naik
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