R M Drip & Sprinklers Systems Ltd. (RMDRIP.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-668.7%

-₹95.83

vs ₹16.85 price

Levered DCF

-₹101.82

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	27.76×	43.58×	31.11×	1,150×	-10.5×	220×	8×	-11.51×
P/B	8.77×	13.1×	4.19×	2.42×	0.77×	1.76×	1.63×	5.78×
P/S	4.93×	7.99×	3.39×	2.81×	0.55×	1.32×	0.95×	2.78×
EV / EBITDA	18.91×	29.31×	20.35×	21.4×	11.68×	15.88×	7.71×	-20.41×
Gross margin	39.4%	42.7%	40.5%	22.4%	35.8%	52.4%	24.9%	22.4%
Operating margin	24.8%	25.5%	16.3%	-2.6%	1.8%	42.0%	10.7%	9.0%
Net margin	17.7%	18.3%	10.8%	0.3%	-5.3%	0.6%	12.1%	-24.4%
Current ratio	3.07×	2.46×	2.25×	2.03×	1.6×	1.87×	1.96×	1.71×
Debt / equity	0.48×	0.33×	0.14×	0.59×	0.61×	0.64×	0.61×	0.81×
Interest coverage	15.65×	18.78×	23.47×	-0.35×	0.35×	0×	2.59×	0×
Dividend yield	0.1%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	3.6%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	31.5%	30.0%	13.3%	0.2%	-7.4%	0.8%	20.7%	-50.7%
Return on invested capital	21.3%	22.3%	12.8%	-0.5%	1.5%	12.2%	6.7%	9.8%
Return on assets	16.7%	15.4%	8.1%	0.1%	-3.1%	0.4%	10.3%	-20.2%
Free cash flow yield	-2.5%	-3.7%	-11.7%	-6.3%	9.5%	4.3%	7.1%	1.4%
Earnings yield	3.6%	2.3%	3.2%	0.1%	-9.6%	0.5%	12.7%	-8.8%
Enterprise value	₹10.3B	₹10.7B	₹1.8B	₹382.7M	₹174.5M	₹314.3M	₹298.5M	₹701.8M
Net debt / EBITDA	0.97×	0.71×	0.61×	4.19×	5.1×	3.77×	2.02×	-2.37×
Cash conversion cycle (days)	267	335	272	419	345	299	223	203