Narmada Macplast Drip Irrigation Systems Ltd

NARMP

Watchlist

AI Mode

‌

Market Cap

₹ 91 Cr

P/E

15.13

‌

‌
‌

‌

‌
‌

Investment Checklist

How to read checklist?

Performance

MARKET LEADER

Valuation

REASONABLE

Growth

STABLE

Profitability

HIGH MARGIN

Technicals

Bullish

Risk

MODERATE RISK

Investment Checklist

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

Price

PE Ratio

Price

‌

Overview

Detailed Summary

Narmada Macplast Drip Irrigation Systems Limited specializes in the manufacturing and distribution of drip irrigation systems, catering primarily to the agriculture sector.

The company was founded in June 1992, marking over 30 years in the irrigation industry with a focus on sustainable water management solutions.

Despite the competitive market, Narmada Macplast has sustained its presence, suggesting resilience and adaptability in the drip irrigation segment.

Drip irrigation is crucial for water conservation efforts, hinting at potential opportunities for Narmada Macplast amidst increasing environmental concerns.

Sector

Plastic products

Industry

Plastics - Drip Irrigation

Market Cap

91 Cr

Volatility

Low Risk

P/E Ratio

15.1

Industry P/E

45.5

PEG Ratio

0.4

P/B Ratio

10.7

52W High

34.55

52W Low

9.66

Sales CAGR

285.64%

-20.97%

-27.33%

10Y

69.50%

Profit CAGR

—

37.00%

-51.78%

10Y

-34.26%

ROE

TTM

70.61%

43.57%

31.79%

10Y

20.47%

ROCE

TTM

86.19%

48.79%

35.06%

10Y

22.60%

Technicals

‌

Forecasts

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
YUVRAAJHPL	11.11	101 Cr	17.09	34.49	0.00	185.73	33.59	23.62
JYOTIGLOBL	50.00	99 Cr	16.29	1.99	0.00	13.15	15.74	7.78
GMPL	69.00	93 Cr	12.48	2.37	0.00	17.14	23.36	12.83
NARMP	25.19	91 Cr	15.13	10.71	0.00	70.61	86.19	40.82
VIGOR	80.00	83 Cr	15.97	2.49	0.00	29.37	38.86	10.85
MEHUL	77.00	81 Cr	14.81	2.10	0.00	15.92	21.47	13.97
MALPANI	75.00	81 Cr	10.01	1.73	0.00	17.40	19.17	8.03

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Standalone Quarterly Results (in ₹ Crores)

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	0.00	0.06	1.42	0.34	0.00	0.98	3.53	2.47	3.10	3.13
Expenses	0.05	0.06	1.50	0.39	0.06	0.86	3.33	2.06	2.56	2.58
Operating Profit	-0.05	0.00	-0.08	-0.05	-0.06	0.12	0.20	0.41	0.54	0.55
OPM %	—	0.00	-5.63	-14.71	—	12.24	5.67	16.60	17.42	17.57
Other Income	0.06	0.06	0.07	0.03	0.08	0.12	5.51	0.11	0.00	0.00
Interest	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.00	0.00
Profit Before Tax	0.01	0.05	-0.02	-0.03	0.00	0.23	5.71	0.52	0.54	0.55
Tax %	0.00	0.00	0.00	0.00	—	17.39	16.64	17.31	25.93	25.45
Net Profit	0.01	0.05	-0.02	-0.03	0.00	0.19	4.76	0.43	0.40	0.41
EPS in Rs	0.02	0.13	-0.07	-0.08	0.01	0.54	13.14	1.19	1.11	1.12

Standalone Profit Loss (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	0.37	5.95	0.45	8.94	3.97	3.67	12	10	1.81	10
Expenses	0.32	5.79	0.37	8.88	3.99	3.67	12	10	1.98	8.81
Operating Profit	0.05	0.16	0.08	0.07	-0.01	0.00	-0.01	-0.24	-0.17	1.27
OPM %	13.35	2.73	17.22	0.74	-0.36	0.05	-0.12	-2.38	-9.11	12.60
Other Income	0.04	0.04	0.04	0.04	0.04	0.03	0.06	0.29	0.22	NaN
Interest	0.00	0.01	0.01	0.00	0.01	0.02	0.02	0.03	0.03	0.01
Depreciation	0.03	0.02	0.02	0.02	0.02	0.02	0.01	0.01	0.02	0.00
Profit Before Tax	0.06	0.16	0.09	0.09	0.00	0.00	0.01	0.01	0.01	7.00
Tax %	22.97	5.72	45.21	23.16	24.94	81.58	0.00	24.79	84.87	17.43
Net Profit	0.05	0.16	0.05	0.07	0.00	0.00	0.01	0.01	0.00	5.78
EPS in Rs	-0.32	-0.38	-0.08	-0.10	-0.00	-0.10	0.02	0.03	0.00	16.56
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—

Standalone Balance Sheet (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	3.48	3.48	3.62	3.62	3.62	3.62	3.62	3.62	3.62	3.62
Reserves	-1.49	-1.57	-1.42	-1.37	-1.32	-1.32	-1.32	-1.31	-1.28	-1.29
Borrowings	0.59	0.00	0.45	0.39	0.34	0.15	0.35	0.43	0.43	0.61
Other Liabilities	0.98	1.66	1.01	0.46	1.29	0.14	3.11	3.47	0.61	0.50
Total Liabilities	3.56	3.57	3.66	3.10	3.93	2.60	5.77	6.21	3.38	3.45
Fixed Assets	0.35	0.33	0.31	0.33	0.31	0.30	0.29	0.27	0.35	0.39
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.07
Investments	0.67	0.70	0.73	0.87	0.90	0.81	0.83	0.59	0.61	0.65
Other Assets	2.54	2.53	2.62	1.90	2.72	1.49	4.66	5.36	2.42	2.34
Total Assets	3.56	3.57	3.66	3.10	3.93	2.60	5.77	6.21	3.38	3.45

Standalone Cash Flows (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity	-0.03	0.09	0.10	0.28	0.04	-0.13	0.01	-0.02	-1.49	-0.35
Cash from Investing Activity	-0.25	-0.04	-0.03	-0.18	-0.04	0.09	-0.01	0.24	-0.94	-0.12
Cash from Financing Activity	0.12	-0.04	0.12	-0.06	-0.07	-0.18	0.19	-0.18	2.74	0.15
Net Cash Flow	-0.17	0.02	0.19	0.04	-0.07	-0.22	0.19	0.04	0.30	-0.33

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	45.67%	45.67%	45.67%	45.67%	45.67%	45.67%	45.67%	12.34%	5.58%	5.58%	5.58%	5.58%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DIIs	1.34%	1.34%	1.34%	1.34%	1.34%	1.34%	1.34%	1.34%	1.34%	0.00%	0.00%	0.00%
Public	52.99%	52.99%	52.99%	52.99%	52.99%	52.99%	52.99%	86.31%	93.08%	94.42%	94.42%	94.42%
Total Shareholders	2,929	2,927	2,928	2,947	2,954	3,039	3,082	3,153	3,370	4,283	4,485	6,555

Market Transactions

Date	Party	Category	Type	Avg Price (₹)	Total Value (₹)	Quantity	Percent Traded
Oct 28, 2025	Inaraa financial services pri...	Bulk	Buy	26.90	0.54 Cr	2,00,000	5.52
Oct 28, 2025	Darshan chandrakant shah	Bulk	Sell	26.90	0.49 Cr	1,82,299	5.03
Oct 20, 2025	Sachin govindlal modi	Bulk	Buy	31.45	0.89 Cr	2,82,962	7.81
Oct 15, 2025	Meghna munir shah	Bulk	Sell	149.65	0.90 Cr	60,409	1.66
Oct 13, 2025	Meghna munir shah	Bulk	Sell	135.80	0.45 Cr	32,861	0.90
Oct 13, 2025	Ashik dhirubhai sanghvi	Bulk	Sell	135.80	0.37 Cr	27,545	0.76
Oct 13, 2025	Twinkle pratik shah	Bulk	Sell	135.80	0.28 Cr	20,950	0.57
Oct 10, 2025	Miten ashokbhai kothari	Bulk	Sell	129.35	0.26 Cr	20,000	0.55
Oct 10, 2025	Rathod manoj chhaganlal huf	Bulk	Sell	129.35	0.26 Cr	19,726	0.54
Oct 08, 2025	Ashik dhirubhai sanghvi	Bulk	Sell	234.65	0.70 Cr	30,000	0.82

Projection

Actions

Action Type

‌
‌

Announcements

Last 7 days

Newest

Sentiment

Insider Trading Disclosure

5 days ago

Disclosure of Share Acquisition by Sachin Govindlal Modi

Disclosure under Regulation 29(2) of SEBI (SAST) regarding acquisition of shares by Sachin Govindlal Modi leading to a change in his holding and voting rights.

Documents

Presentations

Concalls

Reports

Presentations

No documents found!

AI Mode

Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.

AI Mode

Oscillators

BearishNeutralBullish

Neutral

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bullish

Bearish

Neutral

Bullish

Moving Averages

BearishNeutralBullish

Bullish

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bullish

Bearish

Neutral

Bullish

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Standalone Quarterly Results (in ₹ Crores)

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	0.00	0.06	1.42	0.34	0.00	0.98	3.53	2.47	3.10	3.13
Expenses	0.05	0.06	1.50	0.39	0.06	0.86	3.33	2.06	2.56	2.58
Operating Profit	-0.05	0.00	-0.08	-0.05	-0.06	0.12	0.20	0.41	0.54	0.55
OPM %	—	0.00	-5.63	-14.71	—	12.24	5.67	16.60	17.42	17.57
Other Income	0.06	0.06	0.07	0.03	0.08	0.12	5.51	0.11	0.00	0.00
Interest	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.00	0.00
Profit Before Tax	0.01	0.05	-0.02	-0.03	0.00	0.23	5.71	0.52	0.54	0.55
Tax %	0.00	0.00	0.00	0.00	—	17.39	16.64	17.31	25.93	25.45
Net Profit	0.01	0.05	-0.02	-0.03	0.00	0.19	4.76	0.43	0.40	0.41
EPS in Rs	0.02	0.13	-0.07	-0.08	0.01	0.54	13.14	1.19	1.11	1.12

Standalone Profit Loss (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	0.37	5.95	0.45	8.94	3.97	3.67	12	10	1.81	10
Expenses	0.32	5.79	0.37	8.88	3.99	3.67	12	10	1.98	8.81
Operating Profit	0.05	0.16	0.08	0.07	-0.01	0.00	-0.01	-0.24	-0.17	1.27
OPM %	13.35	2.73	17.22	0.74	-0.36	0.05	-0.12	-2.38	-9.11	12.60
Other Income	0.04	0.04	0.04	0.04	0.04	0.03	0.06	0.29	0.22	NaN
Interest	0.00	0.01	0.01	0.00	0.01	0.02	0.02	0.03	0.03	0.01
Depreciation	0.03	0.02	0.02	0.02	0.02	0.02	0.01	0.01	0.02	0.00
Profit Before Tax	0.06	0.16	0.09	0.09	0.00	0.00	0.01	0.01	0.01	7.00
Tax %	22.97	5.72	45.21	23.16	24.94	81.58	0.00	24.79	84.87	17.43
Net Profit	0.05	0.16	0.05	0.07	0.00	0.00	0.01	0.01	0.00	5.78
EPS in Rs	-0.32	-0.38	-0.08	-0.10	-0.00	-0.10	0.02	0.03	0.00	16.56
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—

Standalone Balance Sheet (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	3.48	3.48	3.62	3.62	3.62	3.62	3.62	3.62	3.62	3.62
Reserves	-1.49	-1.57	-1.42	-1.37	-1.32	-1.32	-1.32	-1.31	-1.28	-1.29
Borrowings	0.59	0.00	0.45	0.39	0.34	0.15	0.35	0.43	0.43	0.61
Other Liabilities	0.98	1.66	1.01	0.46	1.29	0.14	3.11	3.47	0.61	0.50
Total Liabilities	3.56	3.57	3.66	3.10	3.93	2.60	5.77	6.21	3.38	3.45
Fixed Assets	0.35	0.33	0.31	0.33	0.31	0.30	0.29	0.27	0.35	0.39
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.07
Investments	0.67	0.70	0.73	0.87	0.90	0.81	0.83	0.59	0.61	0.65
Other Assets	2.54	2.53	2.62	1.90	2.72	1.49	4.66	5.36	2.42	2.34
Total Assets	3.56	3.57	3.66	3.10	3.93	2.60	5.77	6.21	3.38	3.45

Standalone Cash Flows (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity	-0.03	0.09	0.10	0.28	0.04	-0.13	0.01	-0.02	-1.49	-0.35
Cash from Investing Activity	-0.25	-0.04	-0.03	-0.18	-0.04	0.09	-0.01	0.24	-0.94	-0.12
Cash from Financing Activity	0.12	-0.04	0.12	-0.06	-0.07	-0.18	0.19	-0.18	2.74	0.15
Net Cash Flow	-0.17	0.02	0.19	0.04	-0.07	-0.22	0.19	0.04	0.30	-0.33

Overview

Detailed Summary

Narmada Macplast Drip Irrigation Systems Limited specializes in the manufacturing and distribution of drip irrigation systems, catering primarily to the agriculture sector.

The company was founded in June 1992, marking over 30 years in the irrigation industry with a focus on sustainable water management solutions.

Despite the competitive market, Narmada Macplast has sustained its presence, suggesting resilience and adaptability in the drip irrigation segment.

Drip irrigation is crucial for water conservation efforts, hinting at potential opportunities for Narmada Macplast amidst increasing environmental concerns.

Sector

Plastic products

Industry

Plastics - Drip Irrigation

Market Cap

91 Cr

Volatility

Low Risk

P/E Ratio

15.1

Industry P/E

45.5

PEG Ratio

0.4

P/B Ratio

10.7

52W High

34.55

52W Low

9.66

Sales CAGR

285.64%

-20.97%

-27.33%

10Y

69.50%

Profit CAGR

—

37.00%

-51.78%

10Y

-34.26%

ROE

TTM

70.61%

43.57%

31.79%

10Y

20.47%

ROCE

TTM

86.19%

48.79%

35.06%

10Y

22.60%

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
YUVRAAJHPL	11.11	101 Cr	17.09	34.49	0.00	185.73	33.59	23.62
JYOTIGLOBL	50.00	99 Cr	16.29	1.99	0.00	13.15	15.74	7.78
GMPL	69.00	93 Cr	12.48	2.37	0.00	17.14	23.36	12.83
NARMP	25.19	91 Cr	15.13	10.71	0.00	70.61	86.19	40.82
VIGOR	80.00	83 Cr	15.97	2.49	0.00	29.37	38.86	10.85
MEHUL	77.00	81 Cr	14.81	2.10	0.00	15.92	21.47	13.97
MALPANI	75.00	81 Cr	10.01	1.73	0.00	17.40	19.17	8.03