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BSE · 517431

Narmada Macplast Drip Irrigation Systems Ltd.

GSM · GSM 1
23.25
₹84 Cr market cap
P/E
48.44
EPS
₹0.48
Book value
₹2.59
ROE
17.82%
ROCE
23.97%
Debt / equity
0

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

03.336.659.9813.31Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹13 Cr with net profit ₹2 Cr — a 12.59% net margin, versus 42.1% the period before.

Shareholding

As of 2026-06-30

5.58%
promoter holding
  • Promoter5.58%
  • Public94.42%

6,940 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

12.34%5.58%Sep 24Jun 26

52-week position

Where the current price sits in its yearly band

14.5623.2534.55

The band spans 2.37× from low to high.

Risk flags

Derived from disclosed data

  • Under exchange surveillance — GSM · GSM 1. Trading may carry price bands, periodic call auction or higher margins.

Peer comparison

Plastics Products · ranked #42 of 94 by market cap · medians across 49 industry peers

P/E
48.44vs 23.02 peer med
P/B
8.96vs 2.11 peer med
ROE %
17.82vs 10.16 peer med
Margin %
12.45vs 6.4 peer med
CompanyMkt capP/EP/BROEMargin
Supreme Industries Ltd.₹42,483 Cr41.156.8615.46%9.12%
Astral Limited₹37,581 Cr63.449.2413.18%8.48%
Shaily Engineering Plastics Ltd.₹14,292 Cr80.8319.9523.71%17.25%
Finolex Industries Ltd.₹9,582 Cr15.571.549.64%15.56%
Time Technoplast Ltd.₹8,616 Cr17.592.1111.46%7.6%
SJS Enterprises Limited₹7,308 Cr38.368.4219.67%20.9%
Responsive Industries Ltd.₹4,356 Cr42.772.799.52%8.12%
Nilkamal Limited₹2,861 Cr21.251.828.05%3.36%
Apollo Pipes Limited₹2,316 Cr51.12.930.91%-0.82%
Jain Irrigation Systems Ltd.₹2,158 Cr117.410.37-0.49%-0.84%
Narmada Macplast Drip Irrigation Systems Ltd.(this company)₹84 Cr48.448.8717.82%12.45%

AI analysis

AI-generated · google/gemini-2.5-flash

Narmada Macplast Drip Irrigation Systems Ltd. is listed with a market capitalization of Rs 72 Cr. The company reported revenue of Rs 2.04 Cr and a profit margin of 12.62%. Its earnings per share (EPS) are Rs 0.46.

Positives

  • +The company has a low debt-to-equity ratio of 0.06.
  • +The return on capital employed (ROCE) is 23.97%.
  • +Return on equity (ROE) is 17.82%.

Negatives

  • Annual revenue decreased significantly from Rs 10.3099 Cr in March 2023 to Rs 2.035 Cr in March 2024.
  • Annual net profit decreased from Rs 0.0088 Cr in March 2023 to Rs 0.0018 Cr in March 2024.
  • Promoter holding is low at 5.5797% as of March 31, 2026.
  • The company is under GSM Stage 2 surveillance.

Financial Performance

The company's revenue for the fiscal year ending March 2024 was Rs 2.035 Cr, a decline from Rs 10.3099 Cr in March 2023. Annual net profit was Rs 0.0018 Cr in March 2024, compared to Rs 0.0088 Cr in March 2023. Quarterly revenue for March 2026 was Rs 3.74 Cr, with a net profit of Rs 0.45 Cr.

Profitability & Returns

Narmada Macplast Drip Irrigation Systems Ltd. reported an EPS of Rs 0.46. The return on equity (ROE) is 17.82%, and return on capital employed (ROCE) is 23.97%. The profit margin stands at 12.62%.

Balance Sheet

The company maintains a low debt-to-equity ratio of 0.06. Book value per share is Rs 2.59.

Ownership & Pledges

As of March 31, 2026, public shareholding was 94.4203%, while promoter holding stood at 5.5797%. There are no shares pledged by the promoters.

Regulatory & Surveillance

The company is currently under GSM Stage 2 surveillance.

Data as of — price: 2026-09-18 · financials: Mar 26 · shareholding: Jun 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

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