R M Drip and Sprinklers Systems
Market Cap
₹347.9m
Last Updated
2020/11/27 12:16 UTC
Data Sources
Company Financials
Executive Summary
R M Drip and Sprinklers Systems Limited manufactures and sells micro irrigation equipment in India. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with proven track record.
Similar Companies
Share Price & News
How has R M Drip and Sprinklers Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RMDRIP is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: RMDRIP's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.
Market Performance
7 Day Return
-2.5%
RMDRIP
0.6%
IN Machinery
2.1%
IN Market
1 Year Return
159.5%
RMDRIP
7.3%
IN Machinery
7.0%
IN Market
Return vs Industry: RMDRIP exceeded the Indian Machinery industry which returned 7.3% over the past year.
Return vs Market: RMDRIP exceeded the Indian Market which returned 7% over the past year.
Shareholder returns
| RMDRIP | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.5% | 0.6% | 2.1% |
| 30 Day | -5.3% | 10.2% | 9.1% |
| 90 Day | -9.6% | 6.8% | 9.3% |
| 1 Year | 159.5%159.5% | 9.2%7.3% | 9.0%7.0% |
| 3 Year | -32.4%-32.4% | -14.1%-17.8% | 6.7%1.5% |
| 5 Year | n/a | 18.3%10.5% | 53.5%42.0% |
Long-Term Price Volatility Vs. Market
How volatile is R M Drip and Sprinklers Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Has R M Drip and Sprinklers Systems Limited's (NSE:RMDRIP) Impressive Stock Performance Got Anything to Do With Its Fundamentals?5 months ago | Simply Wall St
Could R M Drip and Sprinklers Systems Limited's (NSE:RMDRIP) Investor Composition Influence The Stock Price?9 months ago | Simply Wall St
Could The R M Drip and Sprinklers Systems Limited (NSE:RMDRIP) Ownership Structure Tell Us Something Useful?Valuation
Is R M Drip and Sprinklers Systems undervalued compared to its fair value and its price relative to the market?
12.07x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RMDRIP (₹50.6) is trading above our estimate of fair value (₹19.75)
Significantly Below Fair Value: RMDRIP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RMDRIP is good value based on its PE Ratio (12.1x) compared to the IN Machinery industry average (20.4x).
PE vs Market: RMDRIP is good value based on its PE Ratio (12.1x) compared to the Indian market (17.1x).
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 overvalued based on its PB Ratio (2.5x) compared to the IN Machinery industry average (1.1x).
Next Steps
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?
39.4%
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.
Next Steps
- Check out R M Drip and Sprinklers Systems's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- R M Drip and Sprinklers Systems competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has R M Drip and Sprinklers Systems performed over the past 5 years?
-18.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RMDRIP has high quality earnings.
Growing Profit Margin: RMDRIP became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: RMDRIP has become profitable over the past 5 years, growing earnings by -18.7% per year.
Accelerating Growth: RMDRIP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RMDRIP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (-8.1%).
Return on Equity
High ROE: RMDRIP's Return on Equity (20.7%) is considered high.
Next Steps
Financial Health
How is R M Drip and Sprinklers Systems's financial position?
Financial Position Analysis
Short Term Liabilities: RMDRIP's short term assets (₹199.8M) exceed its short term liabilities (₹101.7M).
Long Term Liabilities: RMDRIP's short term assets (₹199.8M) exceed its long term liabilities (₹28.3M).
Debt to Equity History and Analysis
Debt Level: RMDRIP's debt to equity ratio (61.2%) is considered high.
Reducing Debt: RMDRIP's debt to equity ratio has reduced from 203.1% to 61.2% over the past 5 years.
Debt Coverage: RMDRIP's debt is well covered by operating cash flow (21.2%).
Interest Coverage: RMDRIP's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
Next Steps
Dividend
What is R M Drip and Sprinklers Systems's current dividend yield, its reliability and sustainability?
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.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RMDRIP's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Shyam Dash (56 yo)
3.42yrs
Tenure
₹2,574,000
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 ($USD34.87K) is below average for companies of similar size in the Indian market ($USD50.36K).
Compensation vs Earnings: Shyam's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 3.42yrs | ₹12.00k | 12.27% ₹ 42.7m | |
| MD & Director | 3.42yrs | ₹2.57m | 9.16% ₹ 31.9m | |
| Chief Financial Officer | 2.58yrs | ₹572.30k | no data | |
| Company Secretary & Compliance Officer | 3.33yrs | ₹148.82k | no data |
3.3yrs
Average Tenure
56yo
Average Age
Experienced Management: RMDRIP's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 3.42yrs | ₹12.00k | 12.27% ₹ 42.7m | |
| MD & Director | 3.42yrs | ₹2.57m | 9.16% ₹ 31.9m | |
| Independent Director | 3.42yrs | ₹24.00k | no data | |
| Non-Executive Vice Chairman | 3.42yrs | ₹18.00k | 20.29% ₹ 70.6m | |
| Non Executive Director | 6.17yrs | ₹12.00k | 20.32% ₹ 70.7m | |
| Independent Director | 3.42yrs | ₹27.00k | no data | |
| Independent Director | 3.42yrs | ₹33.00k | no data |
3.4yrs
Average Tenure
58yo
Average Age
Experienced Board: RMDRIP's board of directors are considered experienced (3.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
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 company bio, 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
- Market Cap: ₹347.880m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RMDRIP | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Oct 2017 |
Biography
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 dri...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/27 12:16 |
| End of Day Share Price | 2020/11/27 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.