RM Drip and Sprinklers Systems Limited Announces Unaudited Financial Results and Updates Board Matters
R M Drip and Sprinklers Systems Limited has reported its unaudited financial results for the quarter ended June 30, 2026. The company's Board of Directors held a meeting on August 14, 2026, where the results were reviewed, and several operational matters were addressed, including a change in the Company Secretary position.The unaudited standalone financial results for the quarter ended June 30, 2026, along with comparable figures from March 31, 2026, and June 30, 2025, have been released. The company also confirmed that its Statutory Auditors issued a Limited Review Report on these standalone financial results, concluding them to be unmodified.
Standalone Financial Performance Highlights
The Company is primarily engaged in one business segment according to Indian Accounting Standards (Ind As) 108: Operating Segment.Key figures from the Statement of Standalone Unaudited Financial Results for the quarter ended June 30, 2026 are presented below (all amounts in lakhs):
| Particulars | Qtr ended June 30, 2026 (Unaudited) | Qtr ended March 31, 2026 (Audited) | Qtr ended June 30, 2025 (Audited) |
|---|---|---|---|
| Revenue from operations | 4,034.06 | 6,112.44 | 3,051.16 |
| Total Income (I+II) | 4,059.57 | 6,142.82 | 3,051.16 |
| Cost of Materials consumed | 2,336.09 | 3,418.71 | 1,874.39 |
| Changes in inventories of WIP and finished goods | 106.46 | 192.57 | (246.00) |
| Employee benefits expense | 517.70 | 88.90 | 404.70 |
| Finance costs | 116.71 | 99.69 | 66.36 |
| Depreciation and amortization expense | 3,355.21 | — | 2,320.44 |
| Total expenses | 4,980.11 | 1,162.70 | 730.72 |
| Profit before tax (I-IV) | 704.36 | — | — |
| Tax expense | 197.22 | 1,317.41 | 1,317.41 |
| Profit for the period | 534.97 | 530.83 | 3,521.54 |
Consolidated Financial Results and Associate Status
The unaudited consolidated financial results for the quarter ended June 30, 2026, were also released by R M Drip and Sprinklers Systems Limited. The Group’s performance is subject to the consolidation of entities including Tuljai Agro Chemicals Private Limited and Brahmanand Pipes Private Limited.The results reflect a complex transition in the relationship with Tuljai Agro Chemicals Private Limited. Initially acquired as a subsidiary on May 21, 2024, the Company lost control over this entity through a reduction in shareholding on June 28, 2025, leading to its classification as an associate. An additional stake was subsequently acquired on October 13, 2025, reinstating Tuljai Agro Chemicals Private Limited as a subsidiary.
Key consolidated financial data for the quarter ended June 30, 2026, is detailed below (all amounts in lakhs):
| Particulars | Qtr ended June 30, 2026 (Unaudited) | Qtr ended March 31, 2026 (Audited) | Qtr ended June 30, 2025 (Audited) |
|---|---|---|---|
| Revenue from operations | 4,038.91 | 6,108.30 | 3,048.06 |
| Total Income (I+II) | 4,047.21 | 6,108.96 | 3,051.16 |
| Cost of Materials consumed | 2,374.59 | 3,388.08 | 1,874.39 |
| Changes in inventories of WIP and finished goods | 106.46 | 192.57 | (1,241.87) |
| Employee benefits expense | 531.26 | — | — |
| Finance costs | 116.71 | 99.70 | 312.30 |
| Depreciation and amortization expense | 85.69 | — | 352.65 |
| Total expenses | 3,346.84 | 4,966.62 | — |
| Profit before tax (I-IV) | 700.38 | 1,142.34 | — |
| Tax expense | 197.22 | 345.82 | 1,269.03 |
| Profit for the period | 531.78 | 1,000.51 | 530.83 |
Operational Updates and Personnel Change
The Board meeting noted the resignation of Ms. Gracy Vijay Kale from her positions as Company Secretary and Compliance Officer, effective August 14, 2026.RMDRIP Stock Price Movement
R M Drip and Sprinklers Systems Limited shares shed value today, settling at ₹17.65 after falling from the previous closing price. Total traded volume for the equity reached 471,888 shares during the session.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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