Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹21.88, the stock trades at a trailing P/E ratio of 26.6x. Average trailing P/E is 27x in the Machinery industry in India. Total returns to shareholders of 658% over the past three years. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹45.09, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 23x in the Machinery industry in India. Total returns to shareholders of 723% over the past three years. New Risk • Mar 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹9.41b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₹9.41b market cap, or US$99.8m). New Risk • Feb 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹97.95, the stock trades at a trailing P/E ratio of 69.6x. Average trailing P/E is 25x in the Machinery industry in India. Total returns to shareholders of 2,973% over the past three years. Reported Earnings • Jan 30
Third quarter 2026 earnings released: EPS: ₹0.56 (vs ₹0.41 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.56 (up from ₹0.41 in 3Q 2025). Revenue: ₹747.1m (up 55% from 3Q 2025). Net income: ₹140.5m (up 37% from 3Q 2025). Profit margin: 19% (down from 21% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has increased by 261% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 24
R M Drip and Sprinklers Systems Limited to Report Q3, 2026 Results on Jan 29, 2026 R M Drip and Sprinklers Systems Limited announced that they will report Q3, 2026 results on Jan 29, 2026 Reported Earnings • Nov 16
Second quarter 2026 earnings released Second quarter 2026 results: EPS: ₹2.29. Revenue: ₹329.4m (up 90% from 2Q 2025). Net income: ₹57.3m (up 225% from 2Q 2025). Profit margin: 17% (up from 10% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has increased by 247% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 05
R M Drip and Sprinklers Systems Limited to Report Q2, 2026 Results on Nov 14, 2025 R M Drip and Sprinklers Systems Limited announced that they will report Q2, 2026 results on Nov 14, 2025 New Risk • Sep 25
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹1.89b (US$21.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (82% accrual ratio). Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₹1.89b market cap, or US$21.3m). New Risk • Sep 14
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 66% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (82% accrual ratio). Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Announcement • Sep 02
R M Drip and Sprinklers Systems Limited to Report Q1, 2026 Results on Sep 08, 2025 R M Drip and Sprinklers Systems Limited announced that they will report Q1, 2026 results on Sep 08, 2025 Announcement • Aug 25
R M Drip and Sprinklers Systems Limited, Annual General Meeting, Sep 15, 2025 R M Drip and Sprinklers Systems Limited, Annual General Meeting, Sep 15, 2025, at 12:00 Indian Standard Time. Announcement • Aug 23
R M Drip and Sprinklers Systems Limited Proposes Dividend for the Financial Year 2024-25, payable on September 16, 2025 The Board of Directors of R M Drip and Sprinklers Systems Limited recommended a dividend of INR 0.50 per Equity Share of INR 10 each for the financial year 2024-25, subject To Approve the shareholders at the AGM to be held on September 15, 2025. The company has fixed September 8, 2025 as the Record Date for determining the entitlement of Members to receive the dividend, if declared at the AGM. The dividend, once approved, will be paid (after deduction of tax at source, as applicable) on or after September 16, 2025 to all beneficial owners as on the Record Date, based on the list furnished by National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) in respect of shares held in electronic form. New Risk • Jun 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (77% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (₹8.25b market cap, or US$96.6m). Board Change • May 14
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. MD & Director Nivrutti Kedar is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 47% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (77% accrual ratio). Shareholders have been substantially diluted in the past year (47% increase in shares outstanding). Minor Risks Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (₹6.05b market cap, or US$69.9m). New Risk • Nov 17
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 28% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (77% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (11% net profit margin). Shareholders have been diluted in the past year (47% increase in shares outstanding). Market cap is less than US$100m (₹4.72b market cap, or US$55.9m). Announcement • Nov 15
R M Drip and Sprinklers Systems Limited to Report First Half, 2025 Results on Nov 14, 2024 R M Drip and Sprinklers Systems Limited announced that they will report first half, 2025 results on Nov 14, 2024 Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹286, the stock trades at a trailing P/E ratio of 79.7x. Average trailing P/E is 37x in the Machinery industry in India. Total returns to shareholders of 1,602% over the past three years. Announcement • Sep 16
R M Drip and Sprinklers Systems Limited, Annual General Meeting, Sep 30, 2024 R M Drip and Sprinklers Systems Limited, Annual General Meeting, Sep 30, 2024, at 12:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹224, the stock trades at a trailing P/E ratio of 62.4x. Average trailing P/E is 40x in the Machinery industry in India. Total returns to shareholders of 1,121% over the past three years. Board Change • Jul 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. MD & Director Nivrutti Kedar is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jun 15
R M Drip and Sprinklers Systems Limited Appoints Atharva Nivrutti Kedar as Non-Executive Non-Independent Director R M Drip and Sprinklers Systems Limited announced the appointment of Mr. Atharva Nivrutti Kedar as A Non- Executive Non-Independent Director of the Company. New Risk • May 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (74% accrual ratio). Shareholders have been substantially diluted in the past year (125% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Revenue is less than US$5m (₹155m revenue, or US$1.9m). Market cap is less than US$100m (₹2.09b market cap, or US$25.2m). Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹139, the stock trades at a trailing P/E ratio of 49x. Average trailing P/E is 40x in the Machinery industry in India. Total returns to shareholders of 646% over the past three years. Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹135, the stock trades at a trailing P/E ratio of 47.6x. Average trailing P/E is 35x in the Machinery industry in India. Total returns to shareholders of 462% over the past three years. Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹106, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 33x in the Machinery industry in India. Total returns to shareholders of 104% over the past three years. Reported Earnings • Sep 15
Full year 2023 earnings released: EPS: ₹0.04 (vs ₹1.41 loss in FY 2022) Full year 2023 results: EPS: ₹0.04 (up from ₹1.41 loss in FY 2022). Revenue: ₹109.5m (down 39% from FY 2022). Net income: ₹289.0k (up ₹9.72m from FY 2022). Profit margin: 0.3% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Announcement • Sep 09
R M Drip and Sprinklers Systems Limited, Annual General Meeting, Sep 30, 2023 R M Drip and Sprinklers Systems Limited, Annual General Meeting, Sep 30, 2023, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2023 together with the Reports of the Board of Directors and the Auditors thereon; to consider appoint Director in place of Mr. Nivrutti Pandurang Kedar who retires by rotation as a Director and being eligible, offers himself for re- appointment; to consider Appointment of M/s MASD & Co. LLP as the Statutory Auditors of the Company to fill the casual vacancy caused by resignation of M/s Prakash G. Pathak & Company, till the conclusion of the Annual General Meeting; and to transact such other business matters. New Risk • Jun 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Share price has been highly volatile over the past 3 months (9.3% average weekly change). High level of non-cash earnings (23% accrual ratio). Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Market cap is less than US$10m (₹492.4m market cap, or US$5.96m). Minor Risk Revenue is less than US$5m (₹138m revenue, or US$1.7m). Board Change • Apr 17
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. MD & Director Nivrutti Kedar is the most experienced director on the board, commencing their role in 2014. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Jan 30
MD & Director recently sold ₹1.1m worth of stock On the 25th of January, Shyam Dash sold around 64k shares on-market at roughly ₹17.12 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Shyam has been a net seller over the last 12 months, reducing personal holdings by ₹821k. Announcement • Nov 27
R M Drip and Sprinklers Systems Limited, Annual General Meeting, Dec 21, 2022 R M Drip and Sprinklers Systems Limited, Annual General Meeting, Dec 21, 2022, at 12:00 Indian Standard Time. Location: AT GAT NO.475, VILLAGE GONDE TALUKA SINNAR, NASHIK - 422113 Nashik Maharashtra India Agenda: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended on 31st March, 2022 including Balance Sheet as at 31stMarch 2022, the statement of Profit and Loss and Cash Flow Statement for the year ended on that date and the Reports of the Board of Directors and the Auditors' thereon; to appoint a Director in place of Mr. Arjun Ramji Makani, Director who retires by rotation at this Annual General Meeting and, being eligible, offers himself for re-appointment; to consider and approve re-appointment of Mr. Shyam Sundar Dash as a Managing Director of the company and payment of remuneration: and to consider and approve re-appointment of directors. Reported Earnings • Nov 20
First half 2023 earnings released: ₹5.48 loss per share (vs ₹3.40 loss in 1H 2022) First half 2023 results: ₹5.48 loss per share (further deteriorated from ₹3.40 loss in 1H 2022). Revenue: ₹38.0m (down 33% from 1H 2022). Net loss: ₹36.6m (loss widened 61% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Kewal Handa was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Aug 24
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. 2 independent directors (4 non-independent directors). Independent Director Kewal Handa was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jul 19
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. 2 independent directors (4 non-independent directors). Independent Director Kewal Handa was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. 2 independent directors (4 non-independent directors). Independent Director Kewal Handa was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Recent Insider Transactions • Mar 15
MD & Director recently bought ₹93k worth of stock On the 11th of March, Shyam Dash bought around 6k shares on-market at roughly ₹15.49 per share. This was the largest purchase by an insider in the last 3 months. Shyam has been a buyer over the last 12 months, purchasing a net total of ₹1.2m worth in shares. Board Change • Dec 13
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. 2 independent directors (4 non-independent directors). Independent Director Kewal Handa was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 05
First half 2022 earnings released The company reported a mediocre first half result with flat earnings, revenues and profit margins. First half 2022 results: Revenue: (flat on 1H 2021). Net income: (flat on 1H 2021). Profit margin: (in line with 1H 2021). Executive Departure • Aug 28
Independent Director Madhav Ganpule has left the company On the 25th of August, Madhav Ganpule's tenure as Independent Director ended after 4.2 years in the role. We don't have any record of a personal shareholding under Madhav's name. Madhav is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.08 years. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹17.95, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 22x in the Machinery industry in India. Total loss to shareholders of 65% over the past three years. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improved over the past week After last week's 18% share price gain to ₹19.45, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 24x in the Machinery industry in India. Total loss to shareholders of 71% over the past three years. Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹16.30, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 24x in the Machinery industry in India. Total loss to shareholders of 79% over the past three years. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹19.80, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 23x in the Machinery industry in India. Total loss to shareholders of 65% over the past three years. Recent Insider Transactions • Mar 18
MD & Director recently bought ₹90k worth of stock On the 15th of March, Shyam Dash bought around 4k shares on-market at roughly ₹22.37 per share. In the last 3 months, they made an even bigger purchase worth ₹1.2m. Shyam has been a buyer over the last 12 months, purchasing a net total of ₹867k worth in shares. Is New 90 Day High Low • Feb 18
New 90-day low: ₹26.75 The company is down 48% from its price of ₹51.90 on 20 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 29% over the same period. Recent Insider Transactions • Feb 13
Executive Chairman recently sold ₹59k worth of stock On the 9th of February, Vijaykumar Kshirsagar sold around 2k shares on-market at roughly ₹29.25 per share. In the last 3 months, they made an even bigger sale worth ₹1.4m. Vijaykumar has been a seller over the last 12 months, reducing personal holdings by ₹1.5m. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improved over the past week After last week's 19% share price gain to ₹31.90, the stock is trading at a trailing P/E ratio of 7.6x, up from the previous P/E ratio of 6.4x. This compares to an average P/E of 22x in the Machinery industry in India. Total return to shareholders over the past three years is a loss of 44%. Recent Insider Transactions • Jan 28
Executive Chairman recently sold ₹1.4m worth of stock On the 22nd of January, Vijaykumar Kshirsagar sold around 48k shares on-market at roughly ₹29.63 per share. This was the largest sale by an insider in the last 3 months. Vijaykumar has been a seller over the last 12 months, reducing personal holdings by ₹1.4m. Is New 90 Day High Low • Jan 22
New 90-day low: ₹26.85 The company is down 50% from its price of ₹53.90 on 23 October 2020. The Indian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 27% over the same period. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment deteriorated over the past week After last week's 29% share price decline to ₹29.80, the stock is trading at a trailing P/E ratio of 7.1x, down from the previous P/E ratio of 10x. This compares to an average P/E of 26x in the Machinery industry in India. Total return to shareholders over the past three years is a loss of 59%. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹39.95, the stock is trading at a trailing P/E ratio of 9.5x, down from the previous P/E ratio of 11.8x. This compares to an average P/E of 23x in the Machinery industry in India. Total return to shareholders over the past three years is a loss of 47%. Is New 90 Day High Low • Dec 24
New 90-day low: ₹45.25 The company is down 11% from its price of ₹51.00 on 23 September 2020. The Indian market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 15% over the same period. Is New 90 Day High Low • Dec 07
New 90-day low: ₹48.95 The company is down 16% from its price of ₹58.30 on 08 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 14% over the same period. Announcement • Sep 19
R M Drip and Sprinklers Systems Limited to Report Second Half, 2020 Results on Jun 25, 2020 R M Drip and Sprinklers Systems Limited announced that they will report second half, 2020 results on Jun 25, 2020 
