R M Drip & Sprinklers Systems Ltd share price inched up 4.98% to Rs 20.04. The Company's net profit tumbled by 64.78% to Rs 1.87 crore, while revenue from operations nosedived 28.32% to Rs 28.95 crore in Q2FY27 over Q2FY26.
The market capitalization of Plastic Products - Industrial industry group stocks on BSE stood at Rs 1.43 lakh crore, rallying 17.24%. It has improved by 0.55% over last one week and eased lower by 4.13% in last one month while the market capitalization of R M Drip & Sprinklers Systems Ltd has sharply increased by 23.86% and 13.09% in the same period respectively.
Profit before tax (PBT) of R M Drip & Sprinklers Systems Ltd stood at Rs 2.78 crore in Q2 FY27, tanking 65.72% year-on-year, and tumbling by 60.29% quarter-on-quarter. EBITDA came in at Rs 4 crore, plunging by 34.94% YoY and crashing by 51.30% sequentially.
Total expenses slumped by 21.73% to Rs 25.28 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 24.08 crore, posting a minor increase of 1.39% YoY, while employee benefits expense was at Rs 2.04 crore, easing 5.70% YoY.
For FY26, revenue from operations surged 50.72% to Rs 197.38 crore, while net profit surged by 45.14% to Rs 34.92 crore, compared to previous FY. EBITDA witnessed a strong improvement of 3514% to Rs 50.53 crore, and PBT jumped 47.34% to Rs 47.62 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 13.18 crore in FY26, as against Rs 27.38 crore in FY25.
R M Drip & Sprinklers Systems Ltd crashed 58.16% in last one year, underperforming the benchmark BSE Sensex which has eased by 3.04% during the same period.
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