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    Miscellaneous manufacturing
Narmada Macplast Drip Irrigation Systems Ltd

Narmada Macplast Drip Irrigation Systems Ltd

BBSE:NARMP
22.31
INR
-0.92
(-3.96%)
0.48EPS
51.14P/E
881.48MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
- -
- -
0.11
1.78
1.25
24.68
10.97
10.14
34.39
27.66
5
19.28
3.67
3.83
Basic EPS, GAAP
- -
0.02
0.01
0.05
0.14
0.19
0.01
- -
0.02
0.02
- -
14.88
0.46
0.48
Free Cash Flow per Basic Share
0.02
-0.09
0.02
0.02
0.28
- -
-0.37
-0.02
-0.04
-5.12
-1.32
-15.26
-0.1
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.01
- -
Book Value per Share
5.19
5.49
5.27
6.09
6.22
6.36
6.36
6.37
6.38
6.46
6.44
21.32
2.59
- -
Tangible Book Value per Share
5.19
5.49
5.27
6.09
6.22
6.36
6.36
6.37
6.38
6.46
6.44
21.32
2.59
- -
Basic Weighted Avg Shares
33
33
33
33
4
4
4
4
4
4
4
4
36
36
Sales/Revenue/Turnover
- -
- -
4
59
5
89
40
37
125
100
18
70
133
139
Operating Margin (%)
-2,763.27
-764.83
6.55
2.37
12.56
0.53
-0.79
-0.36
-0.22
-2.48
-10.08
9.46
17.29
16.78
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
1
- -
2
- -
1
- -
- -
- -
- -
- -
54
17
17
Effective Tax Rate (%)
- -
- -
22.97
5.72
45.21
23.16
24.94
81.58
- -
24.79
84.87
16.61
26
26
Profit Margin (%)
-115.36
499.75
12.36
2.61
10.98
0.77
0.06
0.02
0.05
0.09
0.1
77.2
12.59
12.42
Working Capital
-1
-1
-1
- -
8
7
6
8
9
9
9
23
41
- -
LT Debt
5
6
7
4
4
3
2
4
4
4
6
- -
- -
- -
Total Equity
19
20
19
22
23
23
23
23
23
23
23
77
94
- -
Return on Invested Capital (%)
- -
-4.79
1.77
5.9
1.12
1.31
-0.93
-0.1
-1.02
-6.73
-0.96
85.52
17.08
- -
Return on Capital (%)
- -
3.13
1.77
6.32
1.91
2.54
0.3
0.14
1.03
1.02
0.21
101.31
19.51
- -
Return on Common Equity (%)
-0.48
4.05
2.36
7.55
2.23
3.03
0.1
0.03
0.27
0.38
0.08
107.19
19.56
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
36
36
36
Market Capitalization
1,026
563
881

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
137
- -
Cash, Cash Equivalents & STI
- -
1
- -
Accounts Receivable, Net
- -
136
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
97
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
27.39%
50.77%
21.68%
Free Cash Flow
-2,710.97%
2,590.66%
-93.54%
Net Income, GAAP
30,017.29%
60,026.02%
-68.93%
Sales/Revenue/Turnover
373.53%
102.74%
90.54%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
10
35
25
70
2026
31
31
33
37
133
2027
37
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.01
0.54
1.31
0.12
14.88
2026
0.11
0.11
0.12
0.12
0.46
2027
0.12
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
0.01
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Vrajlal Jiten Vaghasia
Full Time Employees
4
Sector
Producer manufacturing
Industry
Miscellaneous manufacturing
Address
Plot No. 119-120, Santej-Vadsar Road Gandhinagar GU India 382721
IPO Date
Jul 21, 2020
Website
narmadadrip.com
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Business
Narmada Macplast Drip Irrigation Systems Ltd. manufactures and supplies drip irrigation systems, plastic pipes, and related agricultural equipment under the Narmada brand; core products include rigid PVC pipes, LLDPE pipes, HDPE pipes, drip irrigation pipes, sprinkler pipes, inline pipes, micro sprinklers, mist sprayers, pipe fittings, garden hoses, and HDPE cable duct pipes; the company also provides import-export services, government supplies, plastic raw materials consultancy, and agritech solutions for farming, horticulture, and landscaping applications. Incorporated in 1992 and headquartered in Gandhinagar, Gujarat, India, Narmada Macplast operates primarily across India with a focus on the agriculture and infrastructure sectors, serving farmers, government projects, and industrial clients through its manufacturing and distribution network backed by synergistic group entities such as Macwell Products, Mac Plast, and Polymer Marketing Corporation. Recent developments include a 1:1 bonus share issue allotted in October 2025 increasing paid-up capital to Rs. 72.46 million, a board approval in October 2025 for the proposed acquisition of 51% stake in GSK Industries Pvt Ltd., declaration of an Rs. 0.10 interim dividend payable in May 2025 following FY25 net profit of Rs. 53.92 million, and a 115.79% rise in standalone net profit to Rs. 0.41 crore in the September 2025 quarter amid 219% sales growth to Rs. 3.13 crore.