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RM Drip and Sprinklers System

RM Drip and Sprinklers System

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About

Highlights

Performing rate for the company

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

No Data is available.

Profit & Loss ( Figures in Rs. Crores.)

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Balance Sheet ( Figures in Rs. Crores.)

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Cash Flows ( Figures in Rs. Crores.)

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Historical Growths

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Compounded Expense Growth
Stock Price CAGR
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Ratios ()

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Major Shareholders

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Shareholders more than 1%

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Fund houses invested in the stock (Figures in % Equity Capital )

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Corporate Action

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Documents

Presentation & Earning Calls

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Credit Rating

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Overview

R M Drip & Sprinklers System was formed as a registered Partnership firm and was carrying on business in the name and style of ‘M/s. J.K. Industries’ pursuant to a partnership deed dated September 16, 1994. Partnership firm pursuant to a supplementary Deed dated October 13, 1997. ‘M/s. J.K. Industries’ was thereafter converted to a Private Limited Company under Part IX of the Companies Act, 1956 with the name of ‘R M Drip and Sprinklers Systems Private Limited’ and received a Certificate of Incorporation issued by Registrar of Companies, Mumbai, Maharashtra on December 20, 2004.  Subsequently, it was converted into a public limited company pursuant to shareholders resolution passed at Extra-ordinary General Meeting of Company held on April 28, 2017 and the name of Company was changed to ‘R M Drip and Sprinklers Systems Limited’ and a fresh certificate of incorporation consequent upon Conversion of Private Company to Public Limited dated June 27, 2017 was issued by Registrar of Companies, Mumbai, Maharashtra.

Business area of the company

The company is engaged in manufacture and sale of Micro Irrigation System (MIS) consisting of drip irrigation system and sprinkler irrigation system along with its components, irrigation accessories and allied products. RM Drip designs and manufactures, world class micro irrigation equipment's, In-house within its factory premises, situated at Sinnar, near Nashik. The company also assists farmers in designing and installation of their Sprinkler and Drip Irrigations Systems, according to their specific needs. RMD’s revenue mix comprises of open market and project market models. Majority of its revenue comes from open market with the help of channel partners. RMD operates in states of Maharashtra, Gujarat, Karnataka and MP. Company’s product range include HDPE Pipes, Pipes Fittings and Irrigation Equipments including drip/sprinkler systems, Disc filters, Screen filters, Hydro-Cyclone filters, Sand (Gravel) filters, Compression fittings, valves (Electric & Mechanical), Fertilizer Tanks etc.

Major events and milestones

  • 2004: Incorporation of Company
  • 2016: Appointed as a registered MIS supplier in the state of Gujarat by Gujarat Green Revolution Company Limited
  • 2016: Issuance of License by Bureau of Indian Standards
  • 2017: Conversion from Private Company to Public
Brands Of RM Drip and Sprinklers System

Brands Of RM Drip and Sprinklers System

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