Narmada Macplast Drip Irrigation Sy

BSE: NARMP517431ISIN INE060D01028

Industrials
Plastic Products - Industrial

Share price

₹23.66+0.10 (+0.42%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

Splits and bonuses

10 Oct 2025 · Bonus 1:1
17 Oct 2025 · Split 5:1 (₹10 → ₹2)

52W high: ₹29.04
52W low: ₹14.56
Off 52W high: -18.53%
1M return: +2.82%
3M return: +18.06%
6M return: +7.30%
1Y return: -2.07%
20D avg volume: 53,481
50 DMA: ₹23.26
200 DMA: ₹22.13

Key ratios Standalone

Market cap: ₹85.72 Cr
Current price: ₹23.66
52W high / low: ₹29.04 / ₹14.56
Face value: ₹2.00
P/E: 47.32
P/B: 33.80
EPS (TTM): ₹0.50
Book value / share: ₹0.70
ROE: 71.64%
ROCE: 24.00%
Operating margin: 19.33%
Net margin: 15.42%
Debt / equity: 0.00
Net debt: ₹-0.03 Cr
Interest cover: 324.50
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 154.7 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	3.25	3.69	3.74	3.34	3.13	3.10	2.47	3.53	0.98	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.11	5.51	0.12	0.08	—
	3.25	3.69	3.74	3.34	3.13	3.10	2.58	9.04	1.10	0.08	—
	2.62	3.08	3.13	2.77	2.58	2.56	2.06	3.33	0.87	0.08	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	2.54	2.91	3.02	2.57	2.53	2.51	1.97	3.21	0.76	—	—
	0.02	0.01	0.01	0.01	0.01	0.02	0.05	0.03	0.04	0.04	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	—
	0.06	0.16	0.10	0.20	0.04	0.03	0.04	—	0.06	—	—
	0.63	0.61	0.61	0.56	0.55	0.54	0.52	5.71	0.23	0.01	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.63	0.61	0.61	0.56	0.55	0.54	0.52	5.71	0.23	0.01	—
	0.13	0.16	0.16	0.15	0.14	0.14	0.09	0.95	0.04	—	—
	0.50	0.45	0.45	0.42	0.41	0.40	0.43	4.76	0.20	0.01	—
	1.38	2.48	1.24	2.30	1.12	1.11	1.19	13.14	0.54	0.01	—
Key metrics
	0.63	0.61	0.61	0.56	0.55	0.54	0.52	5.71	0.24	0.03	—
	19.40%	16.50%	16.30%	16.80%	17.60%	17.40%	21.10%	161.80%	24.50%	37.50%	—
	15.40%	12.20%	12.00%	12.60%	13.10%	12.90%	17.40%	134.80%	20.40%	12.50%	—
	6.00%	—	6.50%	—	6.50%	—	6.70%	—	—	—	—
	3.80%	19.00%	51.40%	-5.40%	219.40%	3,775.00%	—	—	—	—	—
	22.00%	12.50%	4.70%	-91.20%	105.00%	3,900.00%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	14.02	13.31	6.98	—
	0.00	0.00	5.82	—
	14.02	13.31	12.81	—
	11.60	11.04	6.34	—
	0.00	0.00	0.00	—
	11.04	10.63	5.94	—
	0.05	0.04	0.15	—
	0.00	0.00	0.02	—
	0.00	0.00	0.01	—
	0.52	0.37	0.22	—
	2.41	2.26	6.47	—
	0.00	0.00	0.00	—
	2.41	2.26	6.47	—
	0.60	0.59	1.07	—
	1.82	1.68	5.39	—
	7.40	1.24	14.88	—
Key metrics
	2.41	2.26	6.50	—
	17.19%	17.00%	93.10%	—
	12.98%	12.60%	77.20%	—
	—	24.00%	83.70%	—
	14.64%	90.70%	—	—
	-69.67%	-68.80%	—	—
	—	-0.35	-5.52	—
	—	-0.21	-1.00	—
	—	0.00	0.00	—
	—	-0.03	-0.40	—
	—	154.7	151.6	—
Balance sheet
	—	19.05	8.84	—
	—	13.74	8.83	—
	—	0.07	0.40	—
	—	13.55	2.90	—
	—	0.00	0.00	—
	—	—	0.10	—
	—	0.02	0.02	—
	—	7.91	0.00	—
	—	9.65	1.09	—
	—	0.04	0.00	—
	—	0.04	0.00	—
	—	0.00	0.00	—
	—	9.40	7.73	—
Cash flow
	—	-0.35	-5.41	—
	—	0.00	6.47	—
	—	0.02	-0.63	—
	—	0.00	0.11	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +14.64%
Profit YoY (TTM): -69.67%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 5.58%

Quarter	30 Sep 2026	September 2026	June 2026
Promoter %	5.58%	5.58%	5.58%

Holder	Type	Holding	Previous	Change
VRAJLAL JADAVJI VAGHASIA	Promoter	5.58%	5.58%	0.00%
UMESHWAR SECURITIES PRIVATE LIMITED	Public	2.35%	2.35%	0.00%
PARIKH RAJNIKANT BABULAL	Public	2.02%	2.02%	0.00%
NISHA DIPEN PATEL	Public	2.00%	2.00%	0.00%
DIPEN PATEL	Public	1.75%	1.75%	0.00%
IMTIYAZ IBRAHIMBHAI DESAI	Public	1.38%	1.38%	0.00%
VIJAY KOTHARI	Public	1.36%	1.36%	0.00%
NALINIBEN DINESHBHAI BRAHMBHATT	Public	1.10%	1.10%	0.00%
JITEN VRAJLAL VAGHASIA	Promoter	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Supreme Industries Ltd.	42,577	3,351.80	37.68	18.30%	+16.64% TTM	+33.27% TTM	-13.77%
ASTRAL LIMITED	38,256	1,424.00	66.45	18.40%	+16.79% TTM	+20.29% TTM	-2.97%
GARWARE HI-TECH FILMS LIMITED	17,529	7,545.05	36.78	16.70%	+14.67% TTM	+36.19% TTM	+121.92%
Kingfa Science & Technology (India) Ltd S	9,220	6,803.45	40.85	17.90%	+24.13% TTM	+46.94% TTM	+49.40%
Finolex Industries Ltd.	8,932	143.95	14.72	12.10%	+2.80% TTM	+26.35% TTM	-23.65%
Time Technoplast Limited	8,458	171.35	16.99	15.80%	+15.51% TTM	+21.29% TTM	-18.81%
Prince Pipes and Fittings Limited S	3,293	297.80	24.35	6.20%	+15.42% TTM	+482.68% TTM	-7.67%
APOLLO PIPES LIMITED	2,273	516.00	-162.60	2.10%	-1.99% TTM	-151.53% TTM	+71.80%
Jain Irrigation Systems Ltd.	2,044	28.61	-30.83	6.60%	+6.88% TTM	-223.97% TTM	-42.56%
Jai Corp Limited	1,578	89.90	16.93	12.70%	+2.39% TTM	-40.65% TTM	-46.22%
Premier Polyfilm Ltd. S	957	91.39	26.04	28.50%	+27.78% TTM	+39.95% TTM	+117.39%
R M DRIP AND SPRINKLERS SYSTEMS LIMITED	749	17.50	21.37	33.60%	—	—	-62.59%
MANIKA PLASTECH LIMITED	571	48.97	—	—	+7.25% FY26	+15.88% FY26	—
Prakash Pipes Limited S	527	220.50	10.68	12.60%	+6.12% TTM	-27.41% TTM	-23.49%
Dhabriya Polywood Limited	497	458.95	15.30	28.90%	+13.50% TTM	+62.95% TTM	+19.01%
Shish Industries Limited	497	11.77	144.92	5.90%	+8.28% TTM	-42.03% TTM	+38.47%
CAPTAIN POLYPLAST LIMITED	367	61.04	12.94	21.50%	+42.98% TTM	+39.19% TTM	-22.50%
Kaka Industries Limited S	283	207.00	15.07	23.40%	—	—	-7.11%
Kriti Industries (India) Ltd.	269	50.98	-32.21	6.70%	-22.13% TTM	+23.04% TTM	-55.44%
Kisan Mouldings Ltd.	255	21.33	-14.72	-2.10%	+3.26% TTM	-4,657.89% TTM	-28.40%
Ecoplast Ltd.	217	457.05	21.57	13.50%	+69.70% TTM	+22.63% TTM	-11.99%
JUJHAR LOGISTICS LIMITED	190	205.90	14.68	13.10%	+631.29% TTM	+1,780.00% TTM	+255.06%
Hindustan Adhesives Ltd.	190	370.40	8.70	18.30%	-6.31% TTM	+28.10% TTM	+23.10%
Tainwala Chemicals & Plastics Ltd S	181	192.95	23.62	7.10%	-17.22% TTM	+3.51% TTM	-4.03%
B. D. Industries (Pune) Limited	164	115.45	—	21.10%	—	—	+6.41%
Narmada Macplast Drip Irrigation Sy S	86	23.66	47.32	24.00%	+14.64% TTM	-69.67% TTM	-2.07%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Unaudited Financial Result for the qtr ended on 30.09.202615 Oct 2026 · Board Meeting / Outcome of Board Meeting
Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ending 30th September, 202615 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Narmada Macplast Drip Irrigation Systems Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/10/2026 ,inter alia, to consider and approve 1. ....9 Oct 2026 · Board Meeting / Board Meeting
34TH AGM Scrutinizers Report and Voting Result1 Oct 2026 · AGM/EGM / AGM
Proceedings of the 34th Annual General Meeting held on 30th September, 202630 Sep 2026 · AGM/EGM / AGM
Closure of Trading Window for quarter ending September, 202626 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby infonn you that the Board of Directors of the Company, at its meeting ....17 Sep 2026 · Others / Outcome without intimation
Resignation of CS Vidhi Krupal Shah from the post of Company Secretay and Compliance Officer of the Company w.e.f. close of Business hours from 02.09.20267 Sep 2026 · Company Update / Resignation of Company Secretary / Compliance Officer
Resignation of Company Secretary and Compliance Officer w.e.f. 02.09.20267 Sep 2026 · Company Update / Change in Management
Newspaper Publication of 34th AGM of the Company5 Sep 2026 · Company Update / Newspaper Publication
Book Closure for AGM3 Sep 2026 · Corp. Action / Book Closure
Notice of 34th AGM alongwith Annual Report for Financial Year 2025-263 Sep 2026 · Others / Reg. 34 (1) Annual Report
The 34th AGM of the Company will be convened on 30.09.2026 at 12:30 pm through VC/ OAVM. The Notice of AGM alongwith the Annual Report of the Company are attached herewith3 Sep 2026 · AGM/EGM / AGM
The 34th Annual General Meeting for the year 2025-26 will be convened on 30th September, 2026 at 12:30 pm through Video Conferencing ('VC')/Other Audio-Visual Means ('OAVM')3 Sep 2026 · Others / Outcome without intimation
Newspaper Publication regarding publication of Standalone Unaudited Financial Results for the Quarter ending June, 2026.18 Aug 2026 · Company Update / Newspaper Publication
Standalone Unaudited Financial Result for Quarter ending June 30, 2026 alongwith Limited Review Report14 Aug 2026 · Result / Financial Results
Narmada Macplast Drip Irrigation Systems Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve 1. ....8 Aug 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74 (5) of SEBI (DP) Regulations, 201814 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Trading Window Closure for the Quarter ending June 30, 202626 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Publication of Standalone Audited Financial results for the Quarter and Year ending March 31, 20262 Jun 2026 · Company Update / Newspaper Publication
Audited Financial Result for the 31/03/202630 May 2026 · Result / Financial Results
Audited Financial Results for the quarter and year ended on March 31, 202630 May 2026 · Board Meeting / Outcome of Board Meeting
Since the Company falls under the criteria as specified under regulation 15(2) of SEBI (LODR), 2015, hence the Company does not required to comply with the provisions of of Regulation 24 ....29 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Narmada Macplast Drip Irrigation Systems Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2026 ,inter alia, to consider and approve The ....25 May 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulation, 201813 May 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....30 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Reply to Clarification sought on Price Movement17 Apr 2026 · Company Update / General
The Exchange has sought clarification from Narmada Macplast Drip Irrigation Systems Ltd on April 9, 2026 with reference to significant movement in price, in order to ensure that investors ....10 Apr 2026 · Company Update / Clarification
E-Voting Result alongwith the Scutinizer''s Report4 Apr 2026 · AGM/EGM / EGM
Proceedings of EGM of Narmada Macplast Drip Irrigation held on 03rd April,2026.3 Apr 2026 · AGM/EGM / EGM
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sachin Modi27 Mar 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Closure of Trading Window for Quarter and year ending March, 2026 for the purpose of consideration of Audited Standalone Financial Results for the quarter and year ending March, 202627 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sachin Modi27 Mar 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sachin Modi24 Mar 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sachin Modi23 Mar 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sachin Modi20 Mar 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sachin Modi18 Mar 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sachin Govindlal Modi17 Mar 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Notice of 2nd Extra-Ordinary General Meeting of Narmada Macplast Drip Irrigation Systems Ltd which is scheduled on 03rd April,2026,Friday at 11:00A.M.(I.S.T.) through Video-Conferencing ....10 Mar 2026 · AGM/EGM / EGM
As per the attachment2 Mar 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Stock Split From Rs.10/- to Rs.2/-	17 Oct 2025	18 Oct 2025	—
Bonus issue 1:1	10 Oct 2025	10 Oct 2025	—
Interim Dividend - Rs. - 0.1000	16 May 2025	16 May 2025	—
E.G.M.	23 Aug 2024	—	—

Board meetings

15 Oct 2026 Board Meeting - Financial Results
14 Aug 2026 Board Meeting - Financial Results