R M Drip promoters confirm no encumbrance in FY26

1 min read     Updated on 10 Jun 2026, 03:35 AM
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Ashish TScanX News Team
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R M Drip and Sprinklers Systems Limited confirmed that its promoters and promoter group did not encumber their shares during FY26, complying with SEBI regulations. The disclosure covers holdings as of March 31, 2026, and was signed by authorised signatory Nivrutti Pandurang Kedar.

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R M Drip and Sprinklers Systems Limited has disclosed that its promoters and promoter group have not created any encumbrance on their shareholdings during the financial year 2025-2026. The intimation, submitted to the stock exchanges, confirms that no direct or indirect encumbrance was made other than those previously disclosed. This disclosure is significant as it assures investors of the unencumbered status of the promoter holdings, which is a key indicator of financial stability and corporate governance.

The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation mandates periodic disclosures by promoters regarding any encumbrance on their holdings. The confirmation was signed by Nivrutti Pandurang Kedar, an authorised signatory, on behalf of the promoter, promoter group, and persons acting in concert.

The disclosure details the shareholding status of key individuals as of March 31, 2026. The table below outlines the holdings of the promoters and promoter group members.

Name of Individuals Category Holding as on 31.03.2026
Nivrutti Pandurang Kedar Promoter 4,50,40,270
Surekha Nivrutti Kedar Promoter 24,41,040
Kedar Nivrutti Pandurang Promoter Group 27,01,040
Anuja Nivrutti Kedar Promoter Group 23,81,040
Atharva Nivrutti Kedar Promoter Group 40,000

The company has requested the exchanges to place the information on record. The registered office of R M Drip and Sprinklers Systems Limited is located at Gat No. 475, Village Gonde, Taluka Sinnar, Nashik, Maharashtra. The scrip is listed on the BSE with code 544456 and on the NSE under the symbol RMDRIP.

Historical Stock Returns for RM Drip & Sprinklers System

1 Day5 Days1 Month6 Months1 Year5 Years
+2.56%-5.87%-17.52%-65.46%-49.40%+1,088.89%

Will the unencumbered status of promoter holdings enable the company to raise additional debt capital for expansion?

How might this disclosure impact institutional investor confidence and the stock's liquidity in the upcoming quarters?

Are there any strategic acquisitions or capital expenditure plans on the horizon that could leverage this strong promoter backing?

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R M Drip FY26 net profit rises 47% to ₹35.22 crore

1 min read     Updated on 04 Jun 2026, 02:49 AM
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R M Drip And Sprinklers Systems Limited reported a 47.3% increase in net profit for FY26 to ₹3,521.54 lakh, driven by a rise in revenue to ₹19,742.39 lakh. The board recommended a 3% dividend and approved the re-appointment of M/s SHARPS & CO. as Internal Auditor.

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R M Drip And Sprinklers Systems Limited reported a 47.3% increase in net profit for the financial year ended March 31, 2026, rising to ₹3,521.54 lakh from ₹2,390.65 lakh in the previous year. Revenue from operations for the year grew to ₹19,742.39 lakh, compared to ₹13,011.00 lakh in FY25. The board has recommended a dividend of 3% for the financial year 2025-26, subject to shareholder approval at the ensuing Annual General Meeting.

Financial Performance

The company's standalone financial results for the quarter ended March 31, 2026, show a net profit of ₹1,019.61 lakh. Total income for the quarter stood at ₹6,142.82 lakh. For the full fiscal year, the profit before tax was ₹4,790.56 lakh, with a total tax expense of ₹1,269.03 lakh. Earnings per equity share (basic) for the year improved to ₹1.41 from ₹0.96 in the previous year.

Operational Highlights

The board met on May 30, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. M/s Bilimoria Mehta & Co., Chartered Accountants, issued the audit report with an unmodified opinion on the standalone and consolidated financial results. The board also approved the re-appointment of M/s SHARPS & CO., Chartered Accountants, as the Internal Auditor for the financial year 2026-27.

Consolidated Results

On a consolidated basis, the company reported a net profit of ₹3,491.51 lakh for FY26, up from ₹2,405.99 lakh in the previous year. Consolidated revenue from operations for the year was ₹19,738.25 lakh. The company noted that Tuljai Agro Chemicals Private Limited and Brahmanand Pipes Private Limited are its subsidiaries as of March 31, 2026.

Metric FY26 (₹ in lakh) FY25 (₹ in lakh)
Revenue from Operations 19,742.39 13,011.00
Net Profit 3,521.54 2,390.65
Total Expenses 15,168.16 9,865.50
Earnings Per Share (Basic) 1.41 0.96

Historical Stock Returns for RM Drip & Sprinklers System

1 Day5 Days1 Month6 Months1 Year5 Years
+2.56%-5.87%-17.52%-65.46%-49.40%+1,088.89%

What strategic initiatives are driving the 47.3% profit growth, and are they sustainable for FY27?

How will the company utilize its increased earnings to fund future expansion or R&D?

What are the growth prospects for its subsidiaries, Tuljai Agro Chemicals and Brahmanand Pipes?

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1 Year Returns:-49.40%