---
title: "R M Drip & Sprinklers Systems Ltd (RMDRIP) — Share Price, Financials & Analysis"
symbol: "RMDRIP"
company: "R M Drip & Sprinklers Systems Ltd"
canonical: "https://tapetide.com/stocks/RMDRIP"
isin: "INE219Y01026"
nse_symbol: "RMDRIP"
bse_code: "544456"
sector: "Industrial Products"
industry: "Plastic Products - Industrial"
market_cap_cr: 1006.34
generated_at: "2026-09-13T18:56:16.250Z"
---

# R M Drip & Sprinklers Systems Ltd (RMDRIP)

Canonical page: https://tapetide.com/stocks/RMDRIP

## Company

- **NSE Symbol:** RMDRIP
- **BSE Code:** 544456
- **ISIN:** INE219Y01026
- **Sector:** Industrial Products
- **Industry:** Plastic Products - Industrial
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2025-07-30
- **Face Value:** ₹1
- **F&O Eligible:** No

## About

Incorporated in 1996, R M Drip & Sprinklers Systems Ltd manufactures micro irrigation systems[1]

## Latest Price

- **Price:** ₹23.55
- **Change:** +0.22 (+0.94%)
- **Open:** ₹23.5
- **Day High:** ₹23.97
- **Day Low:** ₹23.5
- **Previous Close:** ₹23.33
- **Volume:** 456419
- **As Of:** 2026-09-11T10:01:39+00:00

## Key Fundamentals

Observed at 2026-09-11T04:37:40.926298Z.

- **Market Cap:** ₹1006.34 Cr
- **Classification:** Microcap
- **P/E (reported):** 28.4
- **P/E (TTM):** 28.72
- **EPS (TTM):** ₹0.82
- **Book Value:** ₹2.59
- **Price to Book:** 8.98
- **Dividend Yield:** 0.13%
- **ROE:** 29.26%
- **ROCE:** 33.71%
- **Debt to Equity:** 0.48
- **Revenue (yearly):** ₹197.38 Cr
- **Net Income:** ₹33.28 Cr
- **EBITDA:** ₹52.4 Cr
- **52-Week High:** ₹72.22
- **52-Week Low:** ₹14.81
- **RSI (14):** 73.13

## Tapetide Score

- **Score:** 48 / 100
- **Score date:** 2026-09-04
- **Archetype:** Expensive and Under Pressure
- **What it means:** The multiple is demanding and the trend has turned against it, without the financial strength that would justify paying up. What matters is whether the de-rating stops at the multiple or starts showing up in the numbers.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Falling
- **Percentile:** 39.4 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 65.48 | 9% |
| growth | 87.56 | 9% |
| momentum | 11.07 | 12% |
| ownership | 66.03 | 24% |
| quality | 50.41 | 22% |
| valuation | 45.83 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is expected to give good quarter
- Company has delivered good profit growth of 217% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.4%
- Company's median sales growth is 27.3% of last 10 years

### Weaknesses

- Stock is trading at 9.09 times its book value
- Promoter holding is low: 21.1%
- Company has high debtors of 250 days.
- Promoter holding has decreased over last 3 years: -12.7%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -99.56% | -101.03% | -101.32% |
| ebitda margin growth | -32.84% | -5.29% | 62.95% | — |
| net income growth | -47% | 38.09% | 955% | 217% |
| revenue growth | -33.72% | 49.64% | 162% | 61% |
| roce | -34.22% | 95.65% | 95.65% | — |
| roe | -46.79% | 119.83% | 21.29% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 21.75 | 17.01 | 17.08 | 47.97 | 48.05 | 30.48 | 31.18 | 74.64 | 61.12 | 40.34 |
| Expenses | 17.85 | 14.14 | 14.12 | 33.12 | 33.08 | 21.7 | 22.87 | 52.06 | 47.9 | 31.53 |
| Operating Profit | 3.9 | 2.87 | 2.96 | 14.85 | 14.97 | 8.78 | 8.31 | 22.58 | 13.22 | 8.81 |
| OPM % | 17.93 | 16.87 | 17.33 | 30.96 | 31.16 | 28.81 | 26.65 | 30.25 | 21.63 | 21.84 |
| Other Income | 0 | 0.11 | 0.11 | 0.22 | 0.22 | 0.03 | 1.75 | 0.08 | 0.3 | 0.26 |
| Interest | 0.4 | 0.13 | 0.13 | 0.72 | 0.76 | 0.66 | 1.15 | 0.89 | 1 | 1.17 |
| Depreciation | 0.77 | 0.52 | 0.52 | 0.71 | 0.71 | 0.84 | 0.88 | 0.84 | 0.89 | 0.86 |
| Profit before tax | 2.73 | 2.33 | 2.42 | 13.64 | 13.72 | 7.31 | 8.03 | 20.93 | 11.63 | 7.04 |
| Tax % | 27.84 | 27.04 | 27.69 | 24.93 | 25.29 | 27.36 | 29.76 | 32.87 | 12.3 | 24.01 |
| Net Profit | 1.98 | 1.7 | 1.75 | 10.24 | 10.25 | 5.31 | 5.65 | 14.06 | 10.2 | 5.35 |
| EPS in Rs | 0.17 | 0.04 | 0.04 | 0.24 | 0.24 | 0.12 | 0.13 | 0.33 | 0.24 | 0.12 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 43 | 22 | 23 | 18 | 18 | 11 | 50 | 130 | 197 | 207 |
| Expenses | 38 | 26 | 19 | 16 | 17 | 12 | 45 | 95 | 145 | 154 |
| Operating Profit | 5 | -3 | 4 | 2 | 1 | -1 | 5 | 36 | 52 | 53 |
| OPM % | 11 | -16 | 17 | 11 | 4.5 | -9 | 11 | 27 | 26 | 26 |
| Other Income | 0 | 1 | 0 | 0 | 1 | 3 | 3 | 1 | 2 | 2 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 2 | 3 | 4 |
| Depreciation | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 3 |
| Profit before tax | 2 | -5 | 2 | 0 | -1 | 0 | 7 | 32 | 48 | 48 |
| Tax % | 31 | 0 | -39 | 62 | 77 | 62 | 24 | 26 | 26 | — |
| Net Profit | 2 | -5 | 3 | 0 | -1 | 0 | 5 | 24 | 35 | 35 |
| EPS in Rs | 0.14 | -0.47 | 0.24 | 0.01 | -0.08 | 0 | 0.21 | 0.56 | 0.82 | 0.82 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 2 | 7 | 7 | 7 | 7 | 7 | 7 | 15 | 25 | 25 |
| Reserves | 1 | 9 | 4 | 7 | 7 | 6 | 6 | 26 | 55 | 86 |
| Borrowings | 12 | 10 | 9 | 8 | 9 | 8 | 8 | 6 | 26 | 53 |
| Other Liabilities | 8 | 6 | 8 | 5 | 6 | 10 | 9 | 20 | 47 | 43 |
| Total Liabilities | 24 | 32 | 27 | 27 | 29 | 31 | 29 | 67 | 153 | 207 |
| Fixed Assets | 8 | 8 | 7 | 6 | 7 | 6 | 5 | 10 | 17 | 19 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 |
| Other Assets | 15 | 24 | 19 | 21 | 22 | 25 | 24 | 57 | 132 | 181 |
| Total Assets | 24 | 32 | 27 | 27 | 29 | 31 | 29 | 67 | 153 | 207 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 3 | -6 | 2 | 2 | 3 | 1 | -2 | -14 | -22 | -11 |
| Cash from Investing Activity | -6 | -1 | 0 | 0 | -1 | 1 | 3 | -6 | -11 | -11 |
| Cash from Financing Activity | 5 | 8 | -2 | -2 | -1 | -3 | -1 | 20 | 33 | 23 |
| Net Cash Flow | 1 | 0 | -1 | 0 | 1 | -1 | 0 | 0 | 0 | 0 |
| Free Cash Flow | -4 | -8 | 1 | 2 | 1 | 1 | -2 | -20 | -34 | -17 |
| CFO/OP | 81 | -111 | -60 | 46 | 149 | 122 | 205 | -219 | -55 | 0 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 86 | 135 | 207 | 224 | 298 | 367 | 497 | 275 | 300 | 250 |
| Inventory Days | 139 | 85 | 76 | 100 | 117 | 131 | 140 | 138 | 85 | 105 |
| Days Payable | 77 | 55 | 80 | 103 | 117 | 187 | 263 | 144 | 63 | 98 |
| Cash Conversion Cycle | 148 | 165 | 203 | 222 | 298 | 311 | 373 | 269 | 323 | 258 |
| Working Capital Days | 27 | 102 | 122 | 147 | 170 | 180 | 394 | 208 | 212 | 211 |
| ROCE % | 25 | 16 | -18 | 14 | 6 | 2 | 5 | 22 | 45 | 38 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 27.6% | 22.97% | 22.97% | 13.86% | 13.86% | 13.88% | 17.78% | 21.06% | 21.06% | 21.06% | 21.06% | 21.06% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 2% | 2.12% | 3.02% | 3.02% | 2.5% | 3.85% | 4.24% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.35% | 0.35% | 0.35% | 0.1% | 0.1% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 63.85% | 70.78% | 70.47% | 78.7% | 78.62% | 76.72% | 72.04% | 65.12% | 65.12% | 0% | 64% | 63.18% |
| Others | 8.56% | 6.25% | 6.56% | 7.44% | 7.52% | 7.4% | 8.07% | 10.45% | 10.45% | 76.09% | 11% | 11.42% |
| No. of Shareholders | 357 | 345 | 307 | 1071 | 1167 | 1293 | 1244 | 5380 | 5380 | 7123 | 44653 | 42996 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 3 / 5

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 22.18 | Buy |
| EMA (10) | 22.2 | Buy |
| SMA (20) | 20.41 | Buy |
| EMA (20) | 21.05 | Buy |
| SMA (50) | 19.31 | Buy |
| EMA (50) | 20.1 | Buy |
| SMA (100) | 19.09 | Buy |
| EMA (100) | 22.17 | Buy |
| SMA (200) | 32.14 | Sell |
| EMA (200) | 26.71 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 74.02 | Sell |
| MACD (12,26,9) | 1.28 | Buy |
| Stochastic (14,3,3) | 86.63 | Sell |
| ADX (14) | 36.17 | Buy |
| Williams %R (14) | -17.88 | Sell |
| ATR (14) | 0.95 | High Volatility |
| ROC (12) | 21.58 | Buy |
| Stoch RSI (14) | 71.08 | Neutral |
| UO (7,14,28) | 52.63 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=033e55b3-bc96-4ea0-a08a-9c60fc7258d5.pdf) |
| 2026-09-08 | [Intimation Of 22Nd Annual General Meeting And Record Date For Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c8f26222-2a56-4dfa-9078-93b86b6761a9.pdf) |
| 2026-09-08 | [Corporate Action-Board approves Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f985f250-1fd5-43a1-a33d-6a77470bcd6f.pdf) |
| 2026-09-02 | [Board Meeting Outcome for Held On 02Nd September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4ac6e571-71a7-433e-b471-ed0bc9fd416e.pdf) |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5e645f44-5a0a-43ca-bde1-e9f40d0d9188.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Un-Audited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=047e0403-0e86-4684-b512-29b4b9eaa0ff.pdf) |
| 2026-08-10 | [Board Meeting Intimation for Un-Audited Standalone And Consolidated Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c4d6bd5-69c6-43bd-96e1-3b90040f2f06.pdf) |
| 2026-08-07 | [Announcement under Regulation 30 (LODR)-Cessation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c770477-1116-4c83-add5-11efb7479562.pdf) |
| 2026-07-20 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=787bd1f4-5a80-4aac-bc6f-c72119de5554.pdf) |
| 2026-06-27 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=739b40c1-b7fa-4e0c-ba1b-7a01fbb35f68.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Un-Audited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b90fc76d-5a77-4896-bd0d-2631fe1b6f68.pdf) |
| 2026-05-31 | [Results-Financial Results For 31/03/2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c91b781c-3a8c-4023-a6af-d8f9a79141f0.pdf) |
| 2026-01-29 | [Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=64db58ce-d7a6-45be-8def-8c9b02dfb40c.pdf) |
| 2025-11-14 | [Un-Audited Standalone And Consolidated Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4b8ea798-0dd6-4714-9699-bcffcc8ebe10.pdf) |
| 2025-09-13 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=558e9420-6c0d-44b9-b751-f66b6a02399a.pdf) |
| 2025-09-09 | [Un Audited Financial Results June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ac95478c-9512-40e7-8e42-274cbebf13ab.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 Apr - Regulation 74(5) certificate filed for quarter ended 31 March 2026; no rematerialisation requests received. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Regulation 74(5) certificate filed for quarter ended 31 March 2026; no rematerialisation requests received.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2e471801-5914-45e5-8b0c-cb945355fc39.pdf) |
| 6 May - Subsidiary Brahmanand Pipes signed MoU for ₹100 crore investment in Maharashtra expansion on 6 May 2026. | [Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Execution Of Memorandum Of Understanding By Subsidiary Company With Government Of Maharashtra. 6 May - Subsidiary Brahmanand Pipes signed MoU for ₹100 crore investment in Maharashtra expansion on 6 May 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7db8070a-d776-4e1b-b5cb-a0b4e4a4c4bb.pdf) |
| 30 Mar - Independent directors met March 30, 2026; reviewed board and chair performance, and information flow; meeting 10–11am. | [Outcome Of Separate Meeting Of Independent Directors 30 Mar - Independent directors met March 30, 2026; reviewed board and chair performance, and information flow; meeting 10–11am.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f4b05f9a-b9a9-4c75-9e22-fb424315541f.pdf) |
| 3 Apr - Postal ballot on 3 Apr 2026 passed capital increase, bonus shares, MD and independent director appointments. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 3 Apr - Postal ballot on 3 Apr 2026 passed capital increase, bonus shares, MD and independent director appointments.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6a9ec34f-a5db-4400-b22e-b0e35302545c.pdf) |
| 3 Apr - Postal ballot on 03 Apr 2026 approved bonus issue, higher authorised capital, and managing director appointment. | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 3 Apr - Postal ballot on 03 Apr 2026 approved bonus issue, higher authorised capital, and managing director appointment.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a2e4c186-f180-41af-afd7-95955bc09abc.pdf) |
| 28 Feb - 5:7 bonus issue (17,84,28,571 shares); record date 07-Apr-2026; authorised capital raised to Rs50 crore. | [Board Meeting Outcome for Issuance Of Bonus Equity Shares 28 Feb - 5:7 bonus issue (17,84,28,571 shares); record date 07-Apr-2026; authorised capital raised to Rs50 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/21a88255-e259-4e6f-8b94-93f5508c3bbc.pdf) |
| 26 Apr - SEBI search conducted at promoter directors’ premises on Apr 22-23, 2026; company reports no material impact. | [Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015. 26 Apr - SEBI search conducted at promoter directors’ premises on Apr 22-23, 2026; company reports no material impact.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cfb5e1f8-a4f6-4d73-a409-8e90c1e1bf80.pdf) |
| 13 Apr - Board allotted 17.84 crore bonus shares in 5:7 ratio; record date was 10 April 2026. | [Board Meeting Outcome for Allotment Of Bonus Equity Shares 13 Apr - Board allotted 17.84 crore bonus shares in 5:7 ratio; record date was 10 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dfa63ff3-fe30-4ad5-aecb-5b19429bcd1d.pdf) |
| 12 Mar - Record date set as 10 April 2026; deemed allotment 13 April 2026 for bonus shares. Checklist: - Review announcement details and dates - Identify corporate … | [Revised Intimation Under Regulation 42 Of The SEBI (LODR) Regulations, 2015 - Record Date For Bonus Issue 12 Mar - Record date set as 10 April 2026; deemed allotment 13 April 2026 for bonus shares. Checklist: - Review announcement details and dates - Identify corporate …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/28b82474-70f3-451f-a657-1fb625cda3e3.pdf) |
| 10h - SEBI search conducted at promoter directors’ premises on Apr 22-23, 2026; company reports no material impact. | [Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015. 10h - SEBI search conducted at promoter directors’ premises on Apr 22-23, 2026; company reports no material impact.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/cfb5e1f8-a4f6-4d73-a409-8e90c1e1bf80.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26270_RMDRIP_2023_2024_01102024193226.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23844_RMDRIP_2022_2023_08092023162527_09082023170011.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/SME_AR_21857_RMDRIP_2021_2022_26112022135127_11262022140001.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/SME_AR_19218_RMDRIP_2020_2021_02092021214424_09022021220008.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/SME_AR_17009_RMDRIP_2019_2020_31082020135136_31082020140003.zip) |
| from nse | [Annual Report 2019 from nse](https://archives.nseindia.com/annual_reports/SME_AR_16038_RMDRIP_2018_2019_24092019152326_24092019160005.zip) |
| from nse | [Annual Report 2018 from nse](https://archives.nseindia.com/annual_reports/SME_AR_13301_RMDRIP_2017_2018_04092018130936.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/98b3db3a-c50f-47b8-981a-51f8559d6eb3.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:56:16.250Z.