| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
RMDRIP Stock Overview
R M Drip and Sprinklers Systems Limited manufactures and sells micro irrigation equipment in India.
R M Drip and Sprinklers Systems Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹17.25 |
| 52 Week High | ₹28.65 |
| 52 Week Low | ₹12.75 |
| Beta | 0.67 |
| 1 Month Change | 4.55% |
| 3 Month Change | 28.25% |
| 1 Year Change | 0.88% |
| 3 Year Change | -38.17% |
| 5 Year Change | n/a |
| Change since IPO | -69.74% |
Recent News & Updates
Calculating The Intrinsic Value Of R M Drip and Sprinklers Systems Limited (NSE:RMDRIP)
Today we will run through one way of estimating the intrinsic value of R M Drip and Sprinklers Systems Limited...
Shareholder Returns
| RMDRIP | IN Machinery | IN Market | |
|---|---|---|---|
| 7D | 4.5% | 0.8% | 0.7% |
| 1Y | 0.9% | 29.0% | 10.6% |
Return vs Industry: RMDRIP underperformed the Indian Machinery industry which returned 29% over the past year.
Return vs Market: RMDRIP underperformed the Indian Market which returned 10.6% over the past year.
Price Volatility
| RMDRIP volatility | |
|---|---|
| RMDRIP Average Weekly Movement | n/a |
| Machinery Industry Average Movement | 6.7% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in IN Market | 10.0% |
| 10% least volatile stocks in IN Market | 4.8% |
Stable Share Price: Insufficient data to determine RMDRIP's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine RMDRIP's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1994 | 64 | Shyam Dash | https://www.rmdrip.com |
R M Drip and Sprinklers Systems Limited manufactures and sells micro irrigation equipment in India. It offers drip irrigation systems, such as online drip openable threaded drippers, flat drips, online drip lateral products, and pressure compensating drippers; and sprinkler irrigation systems comprising mini and micro sprinklers. The company also provides plastic disc filters, sand/gravel media filters, fertilizer injectors, fertigation tanks, and hydro-cyclone filters.
R M Drip and Sprinklers Systems Fundamentals Summary
| RMDRIP fundamental statistics | |
|---|---|
| Market Cap | ₹121.42m |
| Earnings (TTM) | -₹9.45m |
| Revenue (TTM) | ₹204.97m |
0.6x
P/S Ratio-12.2x
P/E RatioIs RMDRIP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RMDRIP income statement (TTM) | |
|---|---|
| Revenue | ₹204.97m |
| Cost of Revenue | ₹111.86m |
| Gross Profit | ₹93.11m |
| Other Expenses | ₹102.56m |
| Earnings | -₹9.45m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.41 |
| Gross Margin | 45.43% |
| Net Profit Margin | -4.61% |
| Debt/Equity Ratio | 72.2% |
How did RMDRIP perform over the long term?
See historical performance and comparisonValuation
Is R M Drip and Sprinklers Systems undervalued compared to its fair value and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RMDRIP (₹17.25) is trading below our estimate of fair value (₹192.67)
Significantly Below Fair Value: RMDRIP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RMDRIP is unprofitable, so we can't compare its PE Ratio to the Indian Machinery industry average.
PE vs Market: RMDRIP is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RMDRIP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RMDRIP is good value based on its PB Ratio (1x) compared to the IN Machinery industry average (2x).
Future Growth
How is R M Drip and Sprinklers Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
21.5%
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as R M Drip and Sprinklers Systems has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has R M Drip and Sprinklers Systems performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
2.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RMDRIP is currently unprofitable.
Growing Profit Margin: RMDRIP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RMDRIP is unprofitable, but has reduced losses over the past 5 years at a rate of 2.1% per year.
Accelerating Growth: Unable to compare RMDRIP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RMDRIP is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (46.3%).
Return on Equity
High ROE: RMDRIP has a negative Return on Equity (-8.31%), as it is currently unprofitable.
Financial Health
How is R M Drip and Sprinklers Systems's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: RMDRIP's short term assets (₹216.0M) exceed its short term liabilities (₹133.9M).
Long Term Liabilities: RMDRIP's short term assets (₹216.0M) exceed its long term liabilities (₹34.2M).
Debt to Equity History and Analysis
Debt Level: RMDRIP's net debt to equity ratio (68.1%) is considered high.
Reducing Debt: RMDRIP's debt to equity ratio has reduced from 258.4% to 72.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable RMDRIP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RMDRIP is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 39.1% per year.
Dividend
What is R M Drip and Sprinklers Systems's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RMDRIP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RMDRIP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RMDRIP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RMDRIP's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as RMDRIP has not reported any payouts.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.3yrs
Average management tenure
CEO
Shyam Dash (57 yo)
4.92yrs
Tenure
₹3,000,000
Compensation
Mr. Shyam Sundar Dash has been Managing Director of R M Drip and Sprinklers Systems Limited since June 30, 2017. He started his career with Nagarjuna Fertilizers and Chemicals Limited and ended as Head Op...
CEO Compensation Analysis
Compensation vs Market: Shyam's total compensation ($USD38.73K) is about average for companies of similar size in the Indian market ($USD38.54K).
Compensation vs Earnings: Shyam's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: RMDRIP's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
Experienced Board: RMDRIP's board of directors are considered experienced (6.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RMDRIP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
R M Drip and Sprinklers Systems Limited's employee growth, exchange listings and data sources
Key Information
- Name: R M Drip and Sprinklers Systems Limited
- Ticker: RMDRIP
- Exchange: NSEI
- Founded: 1994
- Industry: Agricultural and Farm Machinery
- Sector: Capital Goods
- Implied Market Cap: ₹121.424m
- Shares outstanding: 6.69m
- Website: https://www.rmdrip.com
Number of Employees
Location
- R M Drip and Sprinklers Systems Limited
- Gat No. 475
- Village Gonde
- Nashik
- Maharashtra
- 422113
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/18 00:00 |
| End of Day Share Price | 2022/05/18 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.