Narmada Macplast Drip Irrigation Sy logo

Narmada Macplast Drip Irrigation Sy share price

BSE: 517431Industrial ProductsSmall Cap

Last close ₹22.00down ₹0.31 (1.39%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹22.31.

52-week range of traded prices to 23 Oct 2026
₹14.56Low, 18 Mar 2026₹29.60High, 30 Oct 2025
Market cap
₹80 Cr3,068th largest listed
P/E
43.8
P/B
7.7
Dividend yield
Nonein the last 12 months
ROE
19.3%
ROCE
23.1%
Debt to equity
0.01
Volume, BSE
9,853

Share price

Daily closes since Jul 2020, adjusted for splits and bonuses. On BSE it is in group XT, traded trade for trade: every trade is settled by delivery, and none can be squared off the same day.

−22.4%over a year · Nifty 500 −9.8%

20-session average 56,223 shares a day

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Sep 2026, against the quarter beforeFiled 15 Oct

Revenue
₹3.25 Crdown 11.88%
Net profit
₹0.50 Crup 11.16%
Net margin
15.4%

Revenue by year

Peak revenue ₹13 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreDec 2024Filed 13 JanMar 2025Filed 12 JunJun 2025Filed 13 AugSep 2025Filed 14 NovDec 2025Filed 13 FebMar 2026Filed 30 MayJun 2026Filed 14 AugSep 2026Filed 15 Oct
Revenue3.532.473.103.133.343.743.693.25
Net profit4.760.430.400.410.420.450.450.50
Net margin134.9%17.5%12.9%13.0%12.5%12.0%12.2%15.4%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Company deals in water management sysyem and processing, trading, and marketing of agricultural commodities, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 52% of 654 trading days over the last 3 years.

LowestHighest
Its median43.2Industry median16.9
Price to book

At or below today's level on 49% of 928 trading days over the last 5 years.

LowestHighest
Its median7.8Industry median1.7
EV to EBITDA33.0

At or below today's level on 15% of 247 trading days over the last year.

LowestHighest
Its median37.5Industry median13.5
Dividend yield

At or below today's level on 74% of 936 trading days over the last 5 years.

LowestHighest
Its median0.00%Industry median0.48%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+7.5%−68.9%+246.1%0.0%
3 years+141.6%+475.2%−58.0%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 and 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters5.58%
  • Indian institutions0.47%
  • Individuals and others93.95%
Holder
VRAJLAL JADAVJI VAGHASIAPromoter5.58%
UMESHWAR SECURITIES PRIVATE LIMITEDCompanies2.35%
PARIKH RAJNIKANT BABULALResident individuals, over ₹2 lakh at face value2.02%
NISHA DIPEN PATELNon-resident Indians2.00%
DIPEN PATELNon-resident Indians1.75%
IMTIYAZ IBRAHIMBHAI DESAIResident individuals, over ₹2 lakh at face value1.38%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Plastic Products - Industrial, 69 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Narmada Macplast Drip Irrigation Sy in market cap. 2 companies in the table last traded before then: their rows are priced on their last trade.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Bright Brothers logoBright BrothersBRIGHTBR9716.81.25.2+12.2%−37.6%7.3%10.4%1.18%
Rungta Irrigation logoRungta IrrigationRUNGTAIR9522.11.014.0−27.7%−32.1%4.4%4.6%0.00%
G M Polyplast logoG M PolyplastGMPL8710.61.8–+7.1%+11.0%19.1%–0.00%
Texel Industries logoTexel IndustriesTEXELIN8718.1––−13.5%−30.5%11.8%7.9%0.00%
Vigor Plast India logoVigor Plast IndiaVIGOR717.31.8–––24.4%–0.00%
Malpani Pipes and Fittings logoMalpani Pipes and FittingsMALPANI657.21.2–+15.7%+11.9%17.6%–0.00%
Dutron Polymers logoDutron PolymersDUTRON5823.01.913.9−5.0%+21.7%8.4%9.1%1.54%
Manas Polymers and Energies logoManas Polymers and EnergiesMPEL546.4––––22.8%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.01 a share, year to Mar 2025.
Ex-dateTypePer share
16 May 2025Interim₹0.10
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Narmada Macplast Drip Irrigation Sy share price by year

Each calendar year to 2025.Narmada Macplast Drip Irrigation Sy share price history

YearClose at year endChangeHighest closeLowest close
202528.32+173.6%32.959.85
202410.35+678.3%11.450.95
20231.33+10.7%1.390.70
20221.20−40.5%1.920.63
20212.02+320.4%2.020.43
20200.48–0.500.28
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2023 is from its first session, 8 Feb 2023. 2022 is from its first session, 23 Feb 2022. 2020 is from its first session, 21 Jul 2020.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
23 Oct 202623.4223.4221.2522.0021.769,853
22 Oct 202624.3024.3022.2522.3122.4694,194
21 Oct 202623.7524.1522.9023.2323.121,00,375
19 Oct 202623.8523.8822.2523.6323.381,14,617
16 Oct 202622.7023.8522.0522.7522.8317,092
15 Oct 202622.9023.5022.5522.8522.9225,053
14 Oct 202622.9022.9022.6022.7522.772,075
13 Oct 202623.6023.6022.2522.7622.512,04,651
12 Oct 202623.1023.9521.9023.0322.1842,383
9 Oct 202623.7024.0122.4023.0023.0027,919
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
17 Oct 2025Split0.2000Each share became 5.
10 Oct 2025Bonus0.5000Holders received 1 bonus share for every 1 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

BSE code
517431
ISIN
INE060D01028
Industry
Industrial Products
Listed
Jun 1994
Face value
₹2
CIN
L25209GJ1992PLC017791
Corporate identity number, the registrar of companies' code for it