R M Drip and Sprinklers Systems LimitedQ1 FY27 Results & Financial Update
R M Drip and Sprinklers Systems Limited: Q1 FY27 consolidated results and company financials – revenue ₹40.39 Cr, PAT ₹5.31 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
Quarter at a glanceCurrent reported figures.Change figures appear when a comparable reported period is available.
Find an answer
Ask this result
Chart · Market context
R M Drip and Sprinklers Systems price & chart
Market price₹18.48
1Y return—Price return
Loading market chart…
TradingView Lightweight Charts™ · Copyright © 2025 TradingView, Inc.TradingView
Market chartPrice chart temporarily unavailableThe price chart could not be loaded right now. The reported financial results remain available above.
Spotted a factual error?Tell us the number, date or statement and we will re-check the underlying records and calculations.Report an error
Quarterly Results AnalysisExplore R M Drip and Sprinklers Systems Q1 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.
Quarter overview
Quarterly earnings analysis
For the first quarter of fiscal 2027 ended June 30, 2026, R M Drip and Sprinklers Systems Limited reported consolidated revenue from operations of INR 40.39 crore alongside total income of INR 40.47 crore.
Profit before tax (PBT) for the quarter stood at INR 7.00 crore, while consolidated profit after tax (PAT) was recorded at INR 5.31 crore, yielding a basic and diluted earnings per share (EPS) of INR 0.42.
Total expenses for the period aggregated to INR 33.47 crore, driven primarily by cost of materials consumed amounting to INR 23.75 crore and changes in inventories of work-in-progress and finished goods amounting to INR 1.06 crore.
Employee benefit expenses for the quarter stood at INR 1.93 crore, while finance costs and depreciation and amortization expenses were reported at INR 1.17 crore and INR 0.86 crore respectively.
Other expenses accounted for INR 4.18 crore during the quarter under review, encompassing various operational overheads and administrative costs.
Tax expenses for the quarter aggregated to INR 1.69 crore, comprising current tax of INR 1.97 crore offset by deferred tax credits of INR 0.28 crore.
Statutory auditors provided an unmodified review report on both the standalone and consolidated financial results for the quarter.
R M Drip and Sprinklers Systems Limited reported consolidated revenue from operations of INR 40.39 crore for the quarter ended June 30, 2026.
01 · Business model
What does R M Drip and Sprinklers Systems do?
R M Drip and Sprinklers Systems Limited is engaged in the manufacturing and distribution of micro-irrigation systems, including drip irrigation equipment, sprinklers, and associated piping networks designed to optimize agricultural water usage.
The company's primary revenue engine stems from the sale of agricultural irrigation equipment and piping components, targeting farming communities and institutional agricultural projects.
The consolidated reporting structure incorporates operating subsidiaries including Tuljai Agro Chemicals Private Limited and Brahmanand Pipes Private Limited, reflecting integrated activities across agricultural inputs and plastic piping solutions.
Operating primarily within Indian domestic agricultural markets, the company aligns its business model with seasonal cropping cycles and government-backed micro-irrigation promotion schemes.
02 · Historical context
What shaped the business before this quarter
Tuljai Agro Chemicals Private Limited experienced changes in control and accounting treatment: initially subsidiary until May 2024, reclassified as associate due to shareholding reduction to 51.20% in June 2025, and subsequently reacquired as a subsidiary in October 2025 following the acquisition of an additional stake, leading to line-by-line consolidation from October 13, 2025 onwards.
03 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹40.39 Cr |
| Total income | ₹40.47 Cr |
| Profit before tax | ₹7.00 Cr |
| Profit after tax | ₹5.31 Cr |
| EPS | ₹0.42 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 13.2% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 17.3% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹0.08 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
Revenue from operations for Q1 FY27 reached INR 40.39 crore, supported by steady demand for micro-irrigation systems and agricultural piping products.
Other income contributed INR 0.08 crore to the top-line during the quarter.
Revenue is generated through the commercial supply of drip lateral systems, sprinklers, and high-density polyethylene piping to agricultural markets.
What drove margins
Cost of materials consumed represented the largest expense category at INR 23.75 crore, complemented by inventory adjustments of INR 1.06 crore.
Employee benefit expenses amounted to INR 1.93 crore, while financing costs of INR 1.17 crore reflected ongoing debt servicing obligations.
Cost of materials consumed at INR 23.75 crore represents the primary cost driver influencing gross margins alongside polymer price movements.
Finance costs of INR 1.17 crore and depreciation of INR 0.86 crore act as recurring fixed-charge pressures against operating earnings.
05 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
In accordance with Ind AS 108, the group operates primarily in a single business segment focused on micro-irrigation and piping systems; hence, separate segment reporting has not been provided.
06 · Reported developments
What changed operationally
Statutory auditors Bilimoria Mehta & Co. issued an unmodified limited review conclusion on both standalone and consolidated financial results for the quarter ended June 30, 2026.
Statutory auditors issued an unmodified review conclusion on both the standalone and consolidated financial results for Q1 FY27.
07 · Pressure points & risks
What is not going smoothly
The review report noted that one subsidiary's interim financial results include the group's share of net loss after tax of INR 0.02 lakh and total comprehensive loss of INR 0.02 lakh for the quarter.
08 · Beyond the numbers
What changed beyond the numbers
Reported update
Company Secretary Resignation
The Board of Directors took note of the resignation of Ms. Gracy Vijay Kale as Company Secretary and Compliance Officer with effect from August 14, 2026.
09 · Key Q&A
The quarter, answered directly
What does R M Drip and Sprinklers Systems do?
R M Drip and Sprinklers Systems Limited is engaged in the manufacturing and distribution of micro-irrigation systems, including drip irrigation equipment, sprinklers, and associated piping networks designed to optimize agricultural water usage.
What is the clearest takeaway from Q1 FY27?
For the first quarter of fiscal 2027 ended June 30, 2026, R M Drip and Sprinklers Systems Limited reported consolidated revenue from operations of INR 40.39 crore alongside total income of INR 40.47 crore.
What drove revenue or demand?
Revenue from operations for Q1 FY27 reached INR 40.39 crore, supported by steady demand for micro-irrigation systems and agricultural piping products.
What mattered most for margins or profitability?
Cost of materials consumed represented the largest expense category at INR 23.75 crore, complemented by inventory adjustments of INR 1.06 crore.
What changed operationally beyond the headline numbers?
The Board of Directors took note of the resignation of Ms. Gracy Vijay Kale as Company Secretary and Compliance Officer with effect from August 14, 2026.
What are the main pressure points disclosed for the quarter?
The review report noted that one subsidiary's interim financial results include the group's share of net loss after tax of INR 0.02 lakh and total comprehensive loss of INR 0.02 lakh for the quarter.
10 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
Starting point
Build your own next-quarter scenario
Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.
Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.
Scenario output
Scenario revenue / income₹0 cr
Scenario profit after tax₹0 cr
Profit change vs base₹0 cr (0%)
Scenario margin0%
Growth needed to keep profit flat after this margin move0%
The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.
11 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Upcoming Financial Reporting: Monitor subsequent quarterly disclosures for sequential revenue growth trends and operating margin trajectory.
- 02
Subsequent quarterly disclosures: Monitor subsequent financial results for comparative sequential and annual growth trends as prior-period restated metrics become available.
Learn the metrics
Need the concepts first?
Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.