RM Drip & Sprinklers Systems Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹21.97Fairly Valued by 6.91%vs CMP ₹23.60

P/E (28.7) × ROE (36.9%) × BV (₹2.59) × DY (0.13%)

₹12.61Overvalued by 46.57%vs CMP ₹23.60
MoS: -87.2% (Negative)Confidence: 63/100 (Moderate)Models: 1 Under, 8 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹26.5024%Under (+12.3%)
Graham NumberEarnings₹9.0614%Over (-61.6%)
Earnings PowerEarnings₹0.1911%Over (-99.2%)
DCFCash Flow₹18.8111%Over (-20.3%)
Net Asset ValueAssets₹2.598%Over (-89%)
EV/EBITDAEnterprise₹9.419%Over (-60.1%)
Earnings YieldEarnings₹14.108%Over (-40.3%)
ROCE CapitalReturns₹5.499%Over (-76.7%)
Revenue MultipleRevenue₹4.556%Over (-80.7%)
Consensus (9 models)₹12.61100%Overvalued
Key Drivers: Wide model spread (₹0–₹27) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 20.6%

*Investments are subject to market risks

Analysis summary

Data coverage: Price-data record updated 24 September 2026, 3:20 am +05:30. Annual results through Mar 2025; quarterly results through Dec 2025; cash flow through Mar 2026. Each section can have a different reporting period. The share price is not live.

Valuation in context

RM Drip & Sprinklers Systems Ltd: the stored intrinsic value estimate is ₹12.61, compared with a stored share price of ₹23.60. The model value is 46.6% below that quote. The model classifies this as overvalued; it is an estimate dependent on the inputs and assumptions, not a price target or a buy/sell recommendation.

Operating performance

Revenue for Mar 2025 was ₹130.00 Cr, versus ₹50.00 Cr in Mar 2024 (160.0% year on year). Net profit for Mar 2025 was ₹24.00 Cr, versus ₹5.00 Cr in Mar 2024 (380.0% year on year). These are the latest annual periods stored on this page; check the quarterly table separately for more recent developments.

Cash generation

For the same Mar 2025 period, operating cash flow was ₹-22.00 Cr against net profit of ₹24.00 Cr. Cash flow covered -0.92 times reported profit. The gap warrants checking receivables, working capital and one-off items in the cash-flow statement.

Balance-sheet check

Reported borrowings were ₹53.00 Cr in Mar 2026. Read this alongside cash, interest costs and repayment obligations; reserves are an accounting balance and are not the same as available cash.

How to use the valuation and peer comparisons

The Intrinsic Value panel combines the available model estimates using the displayed weights. Earnings, cash-flow, dividend and asset-based methods can give very different answers. The displayed 12% cost of equity and 4% terminal growth assumptions apply where relevant; historical EPS growth is not a promise of future growth. Use the individual values and their spread to judge sensitivity.

The peer group follows the stored industry classification and may include different business models. Compare reporting periods, leverage and recurring earnings before interpreting a valuation gap. For banks and other financial businesses, capital adequacy and asset quality can be more informative than industrial-company cash-flow ratios.

Sources: Company data source. Check the company filings linked by the source for the reporting basis and exceptional items.

Automatically generated interpretation of the stored financial data, not a separately researched analyst opinion. Missing data is not evidence of poor performance. New filings become available here after the existing data refresh process captures them.

Investment Snapshot

72
RM Drip & Sprinklers Systems Ltd scores 72/100 (Strong)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health80/100 · Strong
ROCE 37.9% ExcellentROE 36.9% ExcellentD/E 0.33 ModerateInterest Coverage 20.6x StrongProfitable 2/5 available years Reported history
Smart Money70/100 · Strong
FII holding up 1.23% (6mo) AccumulatingPromoter holding at 21.1% Stable
Earnings Quality40/100 · Moderate
CFO/NP ratio: -1.31x Poor cash conversionOPM expanding (-2% → 19%) ImprovingWorking capital: 212 days Capital intensive
Quarterly Momentum90/100 · Strong
Revenue (4Q): +77% YoY AcceleratingProfit (4Q): +119% YoY Strong
Industry Rank85/100 · Strong
P/E 28.7 vs industry 27.1 In-lineROCE 37.9% vs industry 17.8% Above peersROE 36.9% vs industry 15.1% Above peers3Y sales CAGR: 93% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores use stored reporting periods and are screening indicators, not investment recommendations. Missing health ratios are excluded. Broad industry groups and financial-sector accounting can limit comparability.

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Share Price and Basic Stock Data

Last Updated: September 24, 2026, 3:20 am

Market Cap 1,011 Cr.
Current Price 23.6
Intrinsic Value₹12.59
High / Low 72.2/14.8
Stock P/E28.7
Book Value 2.59
Dividend Yield0.13 %
ROCE37.9 %
ROE36.9 %
Face Value 1.00
PEG Ratio1.39

Understand these figures: how to read the P/E ratio, ROE versus earnings per share, and calculate intrinsic value.

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for RM Drip & Sprinklers Systems Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
RM Drip & Sprinklers Systems Ltd 1,011 Cr. 23.6 72.2/14.828.7 2.590.13 %37.9 %36.9 % 1.00
Mahindra EPC Irrigation Ltd 281 Cr. 100 162/91.925.4 66.20.00 %10.3 %7.93 % 10.0
Jain Irrigation Systems Ltd 2,065 Cr. 28.9 55.8/26.1 81.90.00 %5.30 %0.48 % 2.00
Industry Average1,119.00 Cr50.8327.0550.230.04%17.83%15.10%4.33

All Competitor Stocks of RM Drip & Sprinklers Systems Ltd

Quarterly Result

MetricMar 2018Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 2217174848303175
Expenses 1814143333222352
Operating Profit 43315159823
OPM % 18%17%17%31%31%29%27%30%
Other Income 00000020
Interest 00011111
Depreciation 11111111
Profit before tax 32214147821
Tax % 28%27%28%25%25%27%30%33%
Net Profit 22210105614
EPS in Rs 0.300.070.070.410.410.210.230.56

Last Updated: February 4, 2026, 12:16 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 25, 2026, 1:16 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 35122843222318181150130184
Expenses 3510253826191617124595130
Operating Profit 00135-3421-153655
OPM % 9%2%12%12%11%-16%17%11%5%-9%11%27%30%
Other Income 0100010013312
Interest 0001111111023
Depreciation 0001211111123
Profit before tax 00022-520-1073250
Tax % 25%47%33%30%31%0%-39%62%77%62%24%26%
Net Profit 00012-530-1052435
EPS in Rs 3.000.500.230.570.23-0.810.420.02-0.140.000.360.961.41
Dividend Payout % 0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2017-20182018-20192019-20202020-20212022-20232024-2025
YoY Net Profit Growth (%)100.00%-350.00%160.00%-100.00%100.00%380.00%
Change in YoY Net Profit Growth (%)0.00%-450.00%510.00%-260.00%200.00%280.00%

RM Drip & Sprinklers Systems Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2017-2018 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:38%
5 Years:41%
3 Years:94%
TTM:159%
Compounded Profit Growth
10 Years:85%
5 Years:54%
3 Years:202%
TTM:342%
Stock Price CAGR
10 Years:%
5 Years:67%
3 Years:251%
1 Year:233%
Return on Equity
10 Years:17%
5 Years:23%
3 Years:29%
Last Year:40%

Last Updated: September 5, 2025, 12:50 pm

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Balance Sheet

Last Updated: July 15, 2026, 4:00 am

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital 0.4812777777152525
Reserves 111947766265586
Borrowings 3412109898862653
Other Liabilities 1486856109204743
Total Liabilities 5102432272729312967153207
Fixed Assets 338876765101719
CWIP 000000000013
Investments 000000000023
Other Assets 271524192122252457132181
Total Assets 5102432272729312967153207

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + 113-62231-2-14-22-11
Cash from Investing Activity + -2-2-6-100-113-6-11-11
Cash from Financing Activity + 2258-2-2-1-3-1203323
Net Cash Flow 011-0-1-01-1-00-00
Free Cash Flow -21-4-81211-2-20-34-17
CFO/OP 630%81%81%-111%-60%46%149%122%205%-219%-55%0%

Free Cash Flow

Free cash flow reported in the stored cash-flow statement (₹ Cr)
PeriodMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Free Cash Flow-2.001.00-4.00-8.001.002.001.001.00-2.00-20.00-34.00-17.00

This table and the chart use the Free Cash Flow row from the same stored cash-flow statement. Free cash flow generally measures operating cash flow after capital expenditure; check the source definition and reporting basis. It is not operating profit minus borrowings.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 88759186135207224298367497275300
Inventory Days 1095579139857610011713114013885
Days Payable 767712177558010311718726314463
Cash Conversion Cycle 1215448148165203222298311373269323
Working Capital Days 10954-1227102122147170180394208212
ROCE %11%9%19%25%16%-18%14%6%2%5%22%45%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters 27.60%22.97%22.97%13.86%13.86%13.88%17.78%21.06%21.06%21.06%21.06%21.06%
FIIs 0.00%0.00%0.00%0.00%0.00%2.00%2.12%2.97%3.01%2.50%3.85%4.24%
DIIs 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.35%0.35%0.35%0.10%0.10%
Public 72.40%77.03%77.03%86.14%86.14%84.12%80.10%75.62%75.57%76.09%75.00%74.60%
No. of Shareholders 3573453071,0711,1671,2931,2441,3115,3807,12344,65342,996

Shareholding Pattern Chart

No. of Shareholders

RM Drip & Sprinklers Systems Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24
FaceValue 5.0010.00
Basic EPS (Rs.) 10.014.45
Diluted EPS (Rs.) 10.012.54
Cash EPS (Rs.) 5.324.34
Book Value[Excl.RevalReserv]/Share (Rs.) 16.0126.95
Book Value[Incl.RevalReserv]/Share (Rs.) 16.0126.95
Revenue From Operations / Share (Rs.) 26.2633.34
PBDIT / Share (Rs.) 7.335.72
PBIT / Share (Rs.) 6.834.96
PBT / Share (Rs.) 6.474.73
Net Profit / Share (Rs.) 4.823.59
NP After MI And SOA / Share (Rs.) 4.803.59
PBDIT Margin (%) 27.9217.15
PBIT Margin (%) 26.0014.89
PBT Margin (%) 24.6514.19
Net Profit Margin (%) 18.3510.76
NP After MI And SOA Margin (%) 18.2910.76
Return on Networth / Equity (%) 30.0013.31
Return on Capital Employeed (%) 33.7017.22
Return On Assets (%) 15.368.10
Long Term Debt / Equity (X) 0.200.01
Total Debt / Equity (X) 0.330.14
Current Ratio (X) 2.462.25
Quick Ratio (X) 2.101.77
Interest Coverage Ratio (X) 20.6024.63
Interest Coverage Ratio (Post Tax) (X) 14.5416.45
Enterprise Value (Cr.) 1164.45214.86
EV / Net Operating Revenue (X) 17.544.27
EV / EBITDA (X) 62.7924.92
MarketCap / Net Operating Revenue (X) 17.324.17
Price / BV (X) 28.405.16
Price / Net Operating Revenue (X) 17.324.17
EarningsYield 0.010.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Frequently asked questions

What is the intrinsic value of RM Drip & Sprinklers Systems Ltd and is it undervalued?

RM Drip & Sprinklers Systems Ltd: the stored intrinsic value estimate is ₹12.61, compared with a stored share price of ₹23.60. The model value is 46.6% below that quote. The model classifies this as overvalued; it is an estimate dependent on the inputs and assumptions, not a price target or a buy/sell recommendation. The estimate uses the available valuation models and weights shown in the Intrinsic Value panel, including earnings, cash-flow and asset-based approaches where data permits. It is not a P/E-only calculation.

What share price and 52-week range are shown for RM Drip & Sprinklers Systems Ltd?

The stored share price is ₹23.60. Price-data record updated: 24 September 2026, 3:20 am +05:30. This is not a live quote. The stored 52-week high / low is 72.2/14.8; this is a rolling range, not a financial-year range.

How have RM Drip & Sprinklers Systems Ltd's revenue and profit changed?

Revenue for Mar 2025 was ₹130.00 Cr, versus ₹50.00 Cr in Mar 2024 (160.0% year on year). Net profit for Mar 2025 was ₹24.00 Cr, versus ₹5.00 Cr in Mar 2024 (380.0% year on year). These are the latest annual periods stored on this page; check the quarterly table separately for more recent developments.

Does RM Drip & Sprinklers Systems Ltd's profit convert into cash?

For the same Mar 2025 period, operating cash flow was ₹-22.00 Cr against net profit of ₹24.00 Cr. Cash flow covered -0.92 times reported profit. The gap warrants checking receivables, working capital and one-off items in the cash-flow statement.

What should I check in RM Drip & Sprinklers Systems Ltd's balance sheet?

Reported borrowings were ₹53.00 Cr in Mar 2026. Read this alongside cash, interest costs and repayment obligations; reserves are an accounting balance and are not the same as available cash.

How should I compare RM Drip & Sprinklers Systems Ltd's P/E with other stocks?

The stored P/E is 28.70. Compare companies with similar business models, growth, leverage and accounting periods. The industry group on this page is broad, and its average can be affected by outliers. A lower P/E alone does not establish undervaluation.

What could change RM Drip & Sprinklers Systems Ltd's intrinsic value estimate?

Changes in sustainable earnings, cash generation, capital needs, debt and share count can change the estimate. The displayed model uses a 12% cost of equity and 4% terminal growth assumption where applicable. Higher discount rates or weaker growth generally reduce discounted values. Compare the individual model values and weights, and verify fresh filings before relying on the result.

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Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in RM Drip & Sprinklers Systems Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE