R M Drip and Sprinklers Systems Announces FY 2026 Results; Recommends 3% Dividend
R M Drip and Sprinklers Systems Limited announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The results were approved at the Board of Directors meeting held on May 30, 2026.During the board meeting, the company also recommended a dividend of 3% for the Financial Year 2025-26, pending approval from shareholders at the ensuing Annual General Meeting (AGM). Furthermore, the Board re-appointed M/s SHARPS & CO., Chartered Accountants, as the Internal Auditor for the financial year 2025-26.
The company also received an unmodified opinion from the Statutory Auditors, M/s Bilimoria Mehta & Co, on the standalone and consolidated financial results for the period.
Corporate Updates and Acquisitions
The company updated its status regarding its investments in key entities. Regarding Tuljai Agro Chemicals Private Limited, the group’s stake increased to 66.69% on October 13, 2025, following a reduction in shareholding that had previously reclassified the entity as an associate.Additionally, the company acquired a 100% stake in Brahmanand Pipes Private Limited (BPPL) during the quarter ended March 31, 2025. The effective date of control over BPPL was January 28, 2026.
Financial Performance Summary
The financial results highlight strong consolidated performance over the last three years. For the year ended March 31, 2026, the Group recorded a Total Income (Revenue from operations plus other income) of 19,924.87 ₹ lakhs.The Total Expenses for the same period amounted to 15,163.15 ₹ lakhs. Profit before tax (PBT) was 4,761.72 ₹ lakhs, resulting in a total comprehensive income attributable to the owners of the company of 3,499.15 ₹ lakhs.
The table below summarizes the key components of the consolidated financial results for the last three financial years:
| Metric | March 31, 2026 (Audited) | March 31, 2025 (Audited) | March 31, 2024 (Audited) |
|---|---|---|---|
| Total Income (₹ lakhs) | 19,924.87 | 13,168.83 | N/A |
| Profit Before Tax (₹ lakhs) | 4,761.72 | 3,232.38 | N/A |
| Total Comprehensive Income (₹ lakhs) | 3,499.15 | 2,401.20 | N/A |
Consolidated Balance Sheet Highlights
The Balance Sheet data, reported in ₹ lakhs, shows the growth in the Group's total assets:| Particulars | As at March 31, 2026 | As at March 31, 2025 | As at April 01, 2024 |
|---|---|---|---|
| Total Assets | 20,959.93 | 13,029.39 | 6,375.96 |
| Property, Plant and Equipment (₹ lakhs) | 2,235.49 | 1,912.81 | 1,143.87 |
| Total Equity (₹ lakhs) | 11,251.21 | 7,926.28 | 3,760.68 |
| Total Liabilities (₹ lakhs) | 9,708.72 | 5,103.11 | 2,615.28 |
Statement of Cash Flows
The Cash Flow Statement details the movement of cash, measured in ₹ lakhs.| Activity | Year Ended March 31, 2026 | Year Ended March 31, 2025 |
|---|---|---|
| Net Cash Generated from Operating Activities | (1,318.19) | (2,273.67) |
| Net Cash Used in Investing Activities | (944.20) | (1,167.96) |
| Net Cash Used in Financing Activities | 2,283.87 | 3,422.07 |
| Net Increase in Cash and Cash Equivalents | 21.48 | (19.56) |
| Closing Cash and Cash Equivalents (₹ lakhs) | 72.26 | 34.58 |
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Note: All figures are presented exactly as provided in the source material and are in ₹ lakhs unless otherwise stated.
RMDRIP Stock Price Movement
On Friday, R M Drip and Sprinklers Systems Limited shares slipped by 2.23% to settle at ₹17.94. The equity saw a total traded volume of 702,045 shares, concluding the session significantly lower.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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