R M Drip and Sprinklers Systems MD, chairman, board of directors and AGM
NSE: RMDRIPBSE: 544456Industrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹17.76.
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹791 Cr1,288th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 14 Aug 2026
- 22.5
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 31 May 2026
- 7.1
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.16%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 14 Aug 2026
- 36.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 14 Aug 2026
- 29.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 31 May 2026
- 0.48
- Volume, NSEVolume. Shares traded on the last trading day.
- 12,42,638
R M Drip and Sprinklers Systems board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonNIVRUTTI PANDURANG KEDAR
- Managing directorATHARVA NIVRUTTI KEDAR
- Company Secretary and Compliance OfficerGRACY VIJAY KALE
6 directors3 independent1 executive2 non-executive
- NIVRUTTI PANDURANG KEDAR · ChairpersonNon-executive · joined Sep 2014 · reappointed Mar 2023 · 127 months as independent · 1 listed board
- SOMNATH KHANDERAO DATENon-executive · joined Jan 2023 · 28 months as independent · 1 listed board
- MAYUR BHATTIndependent · joined Feb 2023 · 27 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 2 as chair
- HIREN SURENDRA MAKWANAIndependent · joined Feb 2023 · 27 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 2 as chair
- ATHARVA NIVRUTTI KEDAR · Managing directorExecutive · joined Apr 2024 · 28 months as independent · 0 listed boards
- NEHA KAREKAR PRAMODIndependent · joined Jan 2026 · 5 months as independent · 0 listed boards · 2 committee seats, 2 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- KAVITA PANDARE, left 29 Jan 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 May 20266 of 6 present3 independent · 46 days in between
- 13 Apr 20266 of 6 present3 independent · 43 days in between
- 28 Feb 20266 of 6 present3 independent
Audit Committee
Chair MAYUR BHATT
HIREN SURENDRA MAKWANA, NEHA KAREKAR PRAMOD
- 30 May 20263 of 3 present3 independent · 120 days in between
- 29 Jan 20263 of 3 present3 independent
Nomination and remuneration committee
Chair MAYUR BHATT
HIREN SURENDRA MAKWANA, NEHA KAREKAR PRAMOD
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair MAYUR BHATT
HIREN SURENDRA MAKWANA, NEHA KAREKAR PRAMOD
- 30 May 20263 of 3 present3 independent · 120 days in between
- 29 Jan 20263 of 3 present3 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- Bilimoria Mehta & CoPeer-review certificate valid to Jun 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
R M Drip and Sprinklers Systems AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.R M Drip and Sprinklers Systems dividend history
Annual general meeting, 30 Sep 2026
40,314 shareholders on the register on 23 Sep 2026; present: 5 promoters and 28 others; votes counted by NUREN NIRMAL LODAYA / NUREN LODAYA & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited financial statements (including audited consolidated financial statements) for the financial year ended 31st March, 2026 and the Reports of the Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 58.19% · promoters 100.00% · institutions 0.00% · other public 49.77%
- To declare a final dividend of Rs. 0.03 (Three paise only) per equity share of Rs. 1/- each for the financial year ended 31st March, 2026, as recommended by the Board of DirectorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 58.19% · promoters 100.00% · institutions 0.00% · other public 49.77%
- To appoint a Director in place of Mr. Atharva Nivrutti Kedar (DIN: 09713023), Managing Director who retires by rotation and, being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 37.13% · promoters 0.00% · institutions 0.00% · other public 49.77%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 3 Apr 2026, 4 resolutions
51,726 shareholders on the register on 27 Feb 2026; votes counted by NUREN NIRMAL LODAYA / NUREN LODAYA & ASSOCIATES.The company's voting result (opens in a new tab)
- INCREASE IN AUTHORISED SHARE CAPITAL OF THE COMPANYOrdinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 45.24% · promoters 100.00% · institutions 0.00% · other public 30.63%
- APPROVAL FOR THE ISSUE OF BONUS EQUITY SHARESOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 45.24% · promoters 100.00% · institutions 0.00% · other public 30.63%
- APPOINTMENT OF MR. ATHARVA NIVRUTTI KEDAR DIN 09713023 AS THE MANAGING DIRECTOR OF THE COMPANYSpecialPromoters have an interest in it99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 24.18% · promoters 0.00% · institutions 0.00% · other public 30.63%
- APPOINTMENT OF MS. NEHA KAREKAR PRAMOD (DIN: 07892245) AS NON-EXECUTIVE, INDEPENDENT WOMEN DIRECTORSpecial99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 45.23% · promoters 100.00% · institutions 0.00% · other public 30.63%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 15 Sep 2025, 7 resolutions
2,831 shareholders on the register on 8 Sep 2025; present: 3 promoters and 37 others; votes counted by Nuren Lodaya / Nuren Lodaya & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited financial statements (including audited consolidated financial statements) for the financial year ended 31st March, 2025 and the Reports of the Directors and the Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 45.23% · promoters 99.92% · institutions 0.00% · other public 31.84%
- To declare Final dividend for the financial year ended 31st March, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 45.23% · promoters 99.92% · institutions 0.00% · other public 31.84%
- To appoint Director in place of Mr. Nivrutti Pandurang Kedar (DIN: 06980548) who retires by rotation & being eligible offers herself for re-appointment as DirectorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 24.19% · promoters 0.00% · institutions 0.00% · other public 31.84%
APPROVAL FOR SUB-DIVISION/ SPLIT OF EXISTING 1 (ONE) EQUITY SHARE OF FACE VALUE OF Rs. 10/- (RUPEES TEN ONLY) EACH FULLY PAID UP INTO 10 (TEN) EQUITY SHARES OF FACE VALUE OF Rs. 1/- (RUPEE ONE ONLY) EACH FULLY PAID UPMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 45.25% · promoters 100.00% · institutions 0.00% · other public 31.84%
- APPROVAL FOR ALTERATION OF CAPITAL CLAUSE OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 45.25% · promoters 100.00% · institutions 0.00% · other public 31.84%
- APPOINTMENT OF M/S. NUREN LODAYA & ASSOCIATES, PRACTICING COMPANY SECRETARY AS THE SECRETARIAL AUDITOR OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 45.25% · promoters 100.00% · institutions 0.00% · other public 31.84%
- TO APPROVE FEES / COMMISSION PAYABLE TO MR. ATHARVA NIVRUTTI KEDAR DIN 09713023 NON-EXECUTIVE NON-INDEPENDENT DIRECTOR OF THE COMPANYSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 24.19% · promoters 0.00% · institutions 0.00% · other public 31.84%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 12 May 2025, 1 resolution
1,262 shareholders on the register on 4 Apr 2025; votes counted by NUREN NIRMAL LODAYA / NUREN LODAYA & ASSOCIATES.The company's voting result (opens in a new tab)
MIGRATION OF LISTING / TRADING OF EQUITY SHARES OF THE COMPANY FROM NSE EMERGE/SME EXCHANGE PLATFORM OF NATIONAL STOCK EXCHANGE OF INDIA LIMITED (NSE) TO MAIN BOARD OF NATIONAL STOCK EXCHANGE OF INDIA LIMITED AS WELL AS ON MAIN BOARD OF BSE LTDMoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.38% · promoters 0.00% · institutions 99.72% · other public 72.74%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2024, 4 resolutions
Present: 5 promoters and 16 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2024 together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.82% · promoters 99.88% · institutions 0.00% · other public 49.88%
- To appoint Director in place of Mr. Somnath Khanderao Date (DIN: 09843323) who retires by rotation as a Director and being eligible, offers himself for reappointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.82% · promoters 99.88% · institutions 0.00% · other public 49.88%
Appointment of M/s Bilimoria Mehta & Co. as the Statutory Auditors of the Company to fill the casual vacancy caused by resignation of M/s MASD & Co. LLP, till the conclusion of the Annual General MeetingMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.82% · promoters 99.88% · institutions 0.00% · other public 49.88%
- Appointment of M/s Bilimoria Mehta & Co. as Statutory Auditors of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.82% · promoters 99.88% · institutions 0.00% · other public 49.88%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 14 Jun 2024, 2 resolutions
The company's voting result (opens in a new tab)
MIGRATION OF LISTING / TRADING OF EQUITY SHARES OF THE COMPANY FROM NSE EMERGE/SME EXCHANGE PLATFORM OF NATIONAL STOCK EXCHANGE OF INDIA LIMITED (NSE) TO MAIN BOARD OF NATIONAL STOCK EXCHANGE OF INDIA LIMITED AS WELL AS ON MAIN BOARD OF BSE LTDMoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 39.27% · promoters 0.00% · institutions 0.00% · other public 50.98%
- APPOINTMENT OF MR. ATHARVA NIVRUTTI KEDAR (DIN: 09713023) AS A NON-EXECUTIVE NON-INDEPENDENT DIRECTOR OF THE COMPANYSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 62.24% · promoters 100.00% · institutions 0.00% · other public 50.98%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2023, 9 resolutions
Present: 4 promoters and 9 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone FinancialnStatements of the Company for the Financial Year ended 31stnMarch, 2023 together with the Reports of the Board of Directorsnand the Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 52.98% · promoters 100.00% · institutions 0.00% · other public 35.06%
- To appoint Director in place of Mr. Nivrutti Pandurang Kedar (DIN:n06980548) who retires by rotation as a Director and being eligible,noffers himself for re-appointmentOrdinaryPromoters have an interest in it99.75% for0.25% against
Against: promoters 0.00% · institutions 0.00% · other public 0.25%
Turnout: all 25.39% · promoters 0.00% · institutions 0.00% · other public 35.06%
Appointment of M/s MASD & Co. LLP as the Statutory Auditorsnof the Company to fill the casual vacancy caused by resignationnof M/s Prakash G. Pathak & Company, till the conclusion of thenAnnual General MeetingMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 52.98% · promoters 100.00% · institutions 0.00% · other public 35.06%
- Appointment of M/s MASD & Co. LLP as StatutorynAuditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 52.98% · promoters 100.00% · institutions 0.00% · other public 35.06%
- Increase In Authorised Share Capital of The CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 52.98% · promoters 100.00% · institutions 0.00% · other public 35.06%
- To consider and determine the fees for delivery of anyndocumentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 52.98% · promoters 100.00% · institutions 0.00% · other public 35.06%
- Increase In Borrowing LimitsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 52.98% · promoters 100.00% · institutions 0.00% · other public 35.06%
- Power to create charge on the assets of the Company tonsecure borrowings pursuant to section 180 (1) (a) of ThenCompanies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 52.98% · promoters 100.00% · institutions 0.00% · other public 35.06%
- Increase in the limits applicable for makingninvestments/extending loans and giving guarantees ornproviding securities in connection with loans to persons/nbodies corporateSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 52.98% · promoters 100.00% · institutions 0.00% · other public 35.06%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 15 May 2023, 3 resolutions
Present: 11 promoters and 340 others.The company's voting result (opens in a new tab)
MIGRATION OF LISTING / TRADING OF EQUITY SHARES OF THE COMPANY FROM NSE EMERGE/SME EXCHANGE PLATFORM OF NATIONAL STOCK EXCHANGE OF INDIA LIMITED (NSE) TO MAIN BOARD OF NATIONAL STOCK EXCHANGE OF INDIA LIMITED AS WELL AS ON MAIN BOARD OF BSE LTD.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 17.76% · promoters 0.00% · institutions 0.00% · other public 36.98%
- TO APPOINT MS. KAVITA PANDARE [DIN 09109027] AS AN NON-EXECUTIVE INDEPENDENT WOMEN DIRECTOR OF THE COMPANY FOR A TERM OF 5 YEARS COMMENCING FROM 11TH MARCH 2023.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 69.59% · promoters 99.72% · institutions 0.00% · other public 36.98%
TO APPROVE THE REQUESTS RECEIVED FROM VIJAYKUMAR HANMANT KSHIRSAGAR, SHUBHANGI VIJAYKUMAR KSHIRSAGAR, ARJUN RAMJI MAKANI, LILABEN ARJUN MAKANI, VINOD ARJUN MAKANI & SHIVLAL ARJUN MAKANI PERSONS BELONGING TO THE PROMOTER AND PROMOTER GROUP OF THE COMPANY, FOR RE-CLASSIFICATION FROM THE ¿PROMOTERnAND PROMOTER GROUP¿ CATEGORY TO ¿PUBLIC¿ CATEGORY SHAREHOLDER.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 69.59% · promoters 99.72% · institutions 0.00% · other public 36.98%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.