NARMP

The stock has been placed in Graded Surveillance Measure (GSM) list GSM - II.

Narmada Macplast Drip Irrigation Systems Ltd.

BSE: 517431

Sector: Capital Goods

Industry Group: Industrial Products

Industry: Plastic Products - Industrial

22.99-0.2 (-1.08%)

22 Oct, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

Score not available

Value Score

Score not available

Price Momentum Score

Score not available

QVM Score

Score not available

Key Metrics

Market Cap

83.29

P/E (TTM)

44.00

P/B

8.05

P/S (TTM)

5.94

EV/EBITDA

32.68

CAPE (5Y)

58.79

ROE (TTM)

20.08

ROCE (TTM)

26.07

ROA (TTM)

11.58

Avg 3Y ROE

42.27

Earnings 3Y CAGR

317.74

Sales 3Y CAGR

72.21

Sales 5Y CAGR

29.37

Debt/Equity

0.01

Consensus TP

Strong Buy %

Promoter Holding

5.58

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Narmada Macplast Drip Irrigation Systems Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

High and improving operating margin

The company reported strong operating margin of 17.01% for 12-month ended 30 Sep 2026 and operating margin improved by 306 bps from 1 year ago

What is Operating profit margin?

Moderate revenue growth and above median growth of market

The company delivered moderate revenue growth of 14.53% for 12-month ended 30 Sep 2026 and the growth was 2.31 percentage points higher than median growth of market

What is Sales growth (1Y)?

Median: 12.22

Value 14.53

-2151.922704870

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.01 as on 30 Sep 2026 and Debt to Equity increased marginally by 0.01 in the last 1 year

What is Debt to Equity?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 44.0 indicates that the stock is expensive on a standalone basis and is at a 144.85% premium to industry median P/E

What is P/E Ratio?

Median: 17.97

Value 44

0.46459.49

Low EPS growth and in line with median growth of market

The company delivered low EPS growth of 6.53% for 12-month ended 30 Sep 2026 and the growth was 0.71 percentage points lower than median growth of market

What is EPS growth (1Y)?

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

High ROE but declining trend

The company reported strong ROE of 20.08% for 12-month ended 30 Sep 2026 but ROE declined by -8865 bps from 1 year ago

What is ROE (FY)?

Financial Snapshot

See detailed analysis

Multi-year trends for Narmada Macplast Drip Irrigation Systems Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Narmada Macplast Drip Irrigation Systems Ltd. Shareholding Pattern

Quarterly breakdown of Narmada Macplast Drip Irrigation Systems Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	12.34	5.58	5.58	5.58	5.58	5.58	5.58	5.58
Indian Promoter	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	45.67	12.34	5.58	5.58	5.58	5.58	5.58	5.58	5.58
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	1.34	1.34	1.34	1.34	1.34	1.34	1.34	1.34	1.34	1.34	1.34	1.34	1.34	1.34	1.34	1.34	1.34	1.34	1.34	1.34	0.00	0.00	0.00	0.00	0.00	0.00
Mutual Funds / UTI	0.39	0.39	0.39	0.39	0.39	0.39	0.39	0.39	0.39	0.39	0.39	0.39	0.39	0.39	0.39	0.39	0.39	0.39	0.39	0.39	-	-	-	-	-	-
FI/Bank/Insurance	0.95	0.95	0.95	0.95	0.95	0.95	0.95	0.95	0.95	0.95	0.95	0.95	0.95	0.95	0.95	0.95	0.95	0.95	0.95	0.95	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Non-Institution	52.99	52.99	52.99	52.99	52.99	52.99	52.99	52.99	52.99	52.99	52.99	52.99	52.99	52.99	52.99	52.99	52.99	52.99	86.31	93.08	94.42	94.42	94.42	94.42	94.42	94.42
Bodies Corporate	1.71	1.71	1.71	1.71	1.71	1.71	1.71	1.71	1.71	1.71	1.71	1.71	1.71	1.71	1.71	1.71	1.70	1.56	3.17	6.33	5.39	5.04	4.97	4.25	7.51	6.09
Others (incl. Retail) No. of shareholders	51.28 2,705	51.28 2,705	51.28 2,705	51.28 2,718	51.28 2,716	51.28 2,719	51.28 2,791	51.28 2,822	51.28 2,841	51.28 2,878	51.28 2,891	51.28 2,911	51.28 2,909	51.28 2,910	51.28 2,929	51.28 2,934	51.29 3,020	51.43 3,063	83.14 3,131	86.75 3,347	89.03 4,261	89.38 4,462	89.45 6,531	90.17 7,986	86.91 7,656	88.33 6,926

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Narmada Macplast Drip Irrigation Systems Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Vrajlal Jadavji Vaghasia Promoter	December-2024	Market Sale (Disposal) 17th Dec 2024	6.96 %	₹ 106.77	50.00 k	₹ 53.38 lac
Diya vaghasia Promoters Immediate Relative	December-2024	Market Sale (Disposal) 10th Dec 2024	2.49 %	₹ 96.72	80.00 k	₹ 77.38 lac
VAGHASIA NEEL Promoters Immediate Relative	December-2024	Market Sale (Disposal) 10th Dec 2024	2.44 %	₹ 96.72	88.59 k	₹ 85.68 lac
Vrajlal Jadavji Vaghasia Promoter	December-2024	Market Sale (Disposal) 10th Dec 2024	10.68 %	₹ 92.94	1.35 lac	₹ 1.25 cr
Vrajlal Jadavji Vaghasia Promoter	December-2024	Market Sale (Disposal) 10th Dec 2024	12.35 %	₹ 96.72	60.00 k	₹ 58.03 lac
Vrajlal Jadavji Vaghasia Promoter	September-2024	Market Sale (Disposal) 20th Sep 2024	26.15 %	₹ 34.05	5.00 lac	₹ 1.70 cr
Vrajlal Jadavji Vaghasia Promoter	September-2024	Market Sale (Disposal) 13th Sep 2024	35.94 %	₹ 29.68	3.55 lac	₹ 1.05 cr

Corporate Actions

History of Narmada Macplast Drip Irrigation Systems Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Stock Split1 : 5
Ex-date: 17th Oct 2025Announced on: 28th Jul 2025
Nominal value change from INR 10 to INR 2.
Bonus1 new shares for 1 existing shares
Ex-date: 10th Oct 2025Announced on: 28th Jul 2025
Dividend₹ 0.10/share
Record date: 16th May 2025Ex-date: 16th May 2025
Announced on: 6th May 2025

Company Profile

Overview of Narmada Macplast Drip Irrigation Systems Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Narmada Macplast Drip Irrigation Systems Limited is an India-based company. The Company is primarily engaged in drip irrigation system services. Its products range includes Spray Bodies (UNI-Spray Series and 1800 Series), Spray Nozzles (Rotary Nozzles and Van Series Nozzles), Rotors(3500 Series, 500...

Incorporated on

09 Jun 1992

Last Annual

31 Mar 2026

Last Interim

30 Sep 2026

No. of Employees

IPO date

14 Jun 2019

Free Float

3,05,89,358

Website

https://www.narmadadrip.com/

Phone no.

+917927498670

Address

Plot No.119-120, Santej Vadsar Road, Near Alex Cable, At.Santej Taluka- Kalol, GANDHINAGAR, India

Frequently Asked Questions

What is the current share price of Narmada Macplast Drip Irrigation Systems Ltd.?

The current share price of Narmada Macplast Drip Irrigation Systems Ltd. is ₹ 22.99 as of 22 Oct 2026.

What is the market capitalisation of Narmada Macplast Drip Irrigation Systems Ltd.?

The market capitalisation of Narmada Macplast Drip Irrigation Systems Ltd. stands at ₹ 83.29 Cr.

What is the PE ratio of Narmada Macplast Drip Irrigation Systems Ltd.?

The Price-to-Earnings (PE) ratio of Narmada Macplast Drip Irrigation Systems Ltd. is 44.00 as of the latest trailing twelve months data.

What is the ROE and ROCE of Narmada Macplast Drip Irrigation Systems Ltd.?

Narmada Macplast Drip Irrigation Systems Ltd. has a Return on Equity (ROE) of 20.08% and a Return on Capital Employed (ROCE) of 26.07% as per the latest financial reports.

What is the 52-week high and low of Narmada Macplast Drip Irrigation Systems Ltd.?

The 52-week high of Narmada Macplast Drip Irrigation Systems Ltd. is - and the 52-week low is -.

What is the dividend yield of Narmada Macplast Drip Irrigation Systems Ltd.?

The dividend yield of Narmada Macplast Drip Irrigation Systems Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Narmada Macplast Drip Irrigation Systems Ltd.?

Foreign Institutional Investors (FII) hold 0.00%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 88.33% of Narmada Macplast Drip Irrigation Systems Ltd. shares.

What sector does Narmada Macplast Drip Irrigation Systems Ltd. belong to?

Narmada Macplast Drip Irrigation Systems Ltd. operates in the Capital Goods sector.

What is the beta of Narmada Macplast Drip Irrigation Systems Ltd.?

The beta of Narmada Macplast Drip Irrigation Systems Ltd. is 1.48, indicating its price volatility relative to the broader market. Over the past 1 year, Narmada Macplast Drip Irrigation Systems Ltd. has delivered an absolute return of -19.36%.

What is the RSI of Narmada Macplast Drip Irrigation Systems Ltd.?

The 14-day Relative Strength Index (RSI) of Narmada Macplast Drip Irrigation Systems Ltd. is 47.31, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Narmada Macplast Drip Irrigation Systems Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Narmada Macplast Drip Irrigation Systems Ltd. Shareholding Pattern

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Corporate Actions

Company Profile