Narmada Macplast Drip Irrigation Systems Ltd Stock Price Today (NSE: NARMP)
Narmada Macplast Drip Irrigation Systems Ltd
Fundamental Score
Narmada Macplast Drip Irrigation Systems Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Narmada Macplast Drip Irrigation Systems Ltd share price today is ₹15.54, down 2.63% on NSE/BSE as of 30 March 2026. Narmada Macplast Drip Irrigation Systems Ltd (NARMP) is a Small-cap company in the Plastic Products - Industrial sector with a market capitalisation of ₹83.47 (Cr). The 52-week high for NARMP share price is ₹225.30 and the 52-week low is ₹14.56. At a P/E ratio of 13.91x, NARMP is currently trading below its industry average P/E of 23.37x. The company has a Return on Equity (ROE) of 17.91% and a debt-to-equity ratio of 0.00.
Narmada Macplast Drip Irrigation Systems Ltd Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Narmada Macplast Drip Irrigation Systems Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Narmada Macplast Drip Irrigation Systems Share Price: ROCE Efficiency Analysis
The plastic products – industrial sector is currently experiencing a surge in demand for innovative and efficient solutions, driven by agriculture's increasing focus on water conservation. This analysis examines the financial health of Narmada Macplast Drip Irrigation Systems Ltd, focusing on its Return on Capital Employed (ROCE) efficiency. Specifically, we'll explore the implications of its ROCE on its competitive positioning and overall financial performance, considering the current Narmada Macplast Drip Irrigation Systems share price of ₹24.28.
A key metric for evaluating financial performance is ROCE, and Narmada Macplast Drip Irrigation Systems boasts a ROCE of 20.83%. This suggests the company is generating a healthy return on the capital employed in the business. In essence, for every rupee invested in the company, it is generating approximately ₹0.21 in profit before interest and taxes. This high ROCE can contribute to a widening economic moat. A strong ROCE signals that Narmada Macplast is efficiently allocating capital, potentially leading to higher profitability and shareholder value in the long run. This efficient capital allocation may enable the company to reinvest in growth opportunities, further strengthening its competitive advantage.
The Price-to-Earnings (PE) ratio for Narmada Macplast Drip Irrigation Systems is currently at 13.91. This indicates how much investors are willing to pay for each rupee of the company's earnings. A thorough analysis would involve comparing this PE ratio to both the sector average and the growth prospects of the company. Furthermore, comparing Narmada Macplast Drip Irrigation Systems Ltd with peers like
B D Industries in terms of management quality, as perceived through capital allocation decisions and transparency, is crucial to understanding potential long-term value creation. While ROCE offers insight into capital efficiency, management quality as demonstrated through strategic decisions and governance practices can be equally indicative of a company's future performance. Evaluating these qualitative factors alongside quantitative data is vital for a comprehensive assessment.This analysis forms part of a more extensive 80-parameter fundamental audit, verified by Sweta Mishra. It is important to note that this analysis is purely observational and does not constitute any investment advice. Investors should conduct their own due diligence and consult with a qualified financial advisor before making any investment decisions regarding Narmada Macplast Drip Irrigation Systems Ltd or any other security.
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Narmada Macplast Drip Irrigation Systems Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of NARMP across key market metrics for learning purposes.
Positive Indicators
8 factors identified
Strong Return on Equity (17.91%)
Observation: Efficient use of shareholders' capital generating superior returns.
Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.
Excellent ROCE Performance (20.83%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Attractive Valuation (P/E: 13.91 vs Industry: 23.37)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Robust Profit Growth (115.79%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Strong Revenue Growth (219.39%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Excellent EPS Growth (66.66% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Debt-Free Balance Sheet (D/E: 0.00)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
4 factors identified
Margin Pressure Concerns (0.77%)
Observation: Operating margins are below industry standards.
Analysis: OPM <5% may indicate pricing pressures or cost management challenges.
Negative Free Cash Flow (₹-1.71 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
Low Promoter Commitment (5.58%)
Observation: Reduced promoter stake may indicate limited confidence.
Analysis: Low promoter holding may raise questions about management commitment.
Limited Institutional Interest (FII+DII: 1.34%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
Narmada Macplast Drip Irrigation Systems Ltd Financial Statements
Comprehensive financial data for Narmada Macplast Drip Irrigation Systems Ltd including income statement, balance sheet and cash flow
About NARMP (Narmada Macplast Drip Irrigation Systems Ltd)
Narmada Macplast Drip Irrigation Systems Ltd is a pioneering force in the realm of precision irrigation, crafting innovative solutions that empower farmers to maximize yields while... conserving precious resources. At the heart of their operations lies a commitment to manufacturing high-quality drip irrigation systems from durable, long-lasting plastic materials. The company's extensive product range includes a variety of drip tapes, pipes, and fittings, all meticulously designed to deliver water and nutrients directly to the root zone of plants, minimizing water wastage and promoting healthy crop growth. Through rigorous quality control measures and adherence to industry best practices, Narmada Macplast ensures that its systems are reliable, efficient, and capable of withstanding the harsh conditions of diverse agricultural environments. Driven by a vision of sustainable agriculture, Narmada Macplast goes beyond merely supplying irrigation equipment. The company provides comprehensive support services, encompassing system design, installation, and maintenance. Their team of experienced agronomists and engineers work closely with farmers to understand their specific needs and tailor irrigation solutions that optimize water usage, reduce fertilizer consumption, and ultimately enhance farm profitability. Narmada Macplast also actively promotes awareness about the benefits of drip irrigation through training programs and educational initiatives, empowering farmers with the knowledge and skills necessary to adopt sustainable farming practices. With a firm foothold in the Indian market, Narmada Macplast is continuously expanding its reach and exploring opportunities to serve farmers across the globe. Their dedication to innovation and customer satisfaction has earned them a reputation as a trusted partner in the agricultural sector. By embracing cutting-edge technology and fostering a culture of continuous improvement, Narmada Macplast strives to remain at the forefront of the drip irrigation industry, contributing to a more water-efficient and food-secure future for all.
Company Details
Key Leadership
Corporate Events
NARMP Share Price: Frequently Asked Questions
What is the current share price of Narmada Macplast Drip Irrigation Systems Ltd (NARMP)?
As of 30 Mar 2026, 12:02 pm IST, Narmada Macplast Drip Irrigation Systems Ltd share price is ₹15.54. The NARMP stock has a market capitalisation of ₹83.47 (Cr) on NSE/BSE.
Is NARMP share price Overvalued or Undervalued?
NARMP share price is currently trading at a P/E ratio of 13.91x, compared to the industry average of 23.37x. Based on this relative valuation, the Narmada Macplast Drip Irrigation Systems Ltd stock appears to be Undervalued against its sector peers.
What is the 52-week high and low of NARMP share price?
The 52-week high of NARMP share price is ₹225.30 and the 52-week low is ₹14.56. These values are updated daily from NSE/BSE price data.
What factors affect the Narmada Macplast Drip Irrigation Systems Ltd share price?
Key factors influencing NARMP share price include quarterly earnings growth (Sales Growth: 219.39%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Narmada Macplast Drip Irrigation Systems Ltd a good stock for long-term investment?
Narmada Macplast Drip Irrigation Systems Ltd shows a 5-year Profit Growth of N/A% and an ROE of 17.91%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.00 before investing in NARMP shares.
How does Narmada Macplast Drip Irrigation Systems Ltd compare with its industry peers?
Narmada Macplast Drip Irrigation Systems Ltd competes with major peers in the Plastic Products - Industrial. Investors should compare NARMP share price P/E of 13.91x and ROE of 17.91% against the industry averages to determine competitive standing.
What is the P/E ratio of NARMP and what does it mean?
NARMP share price has a P/E ratio of 13.91x compared to the industry average of 23.37x. Investors pay ₹14 for every ₹1 of annual earnings.
How is NARMP performing according to Bull Run's analysis?
NARMP has a Bull Run fundamental score of 47.4/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does NARMP belong to?
NARMP operates in the Plastic Products - Industrial industry. This classification helps understand the competitive landscape and sector-specific trends affecting Narmada Macplast Drip Irrigation Systems Ltd share price.
What is Return on Equity (ROE) and why is it important for NARMP?
NARMP has an ROE of 17.91%, which indicates excellent management efficiency. ROE measures how efficiently Narmada Macplast Drip Irrigation Systems Ltd generates profits from shareholders capital.
How is NARMP debt-to-equity ratio and what does it indicate?
NARMP has a debt-to-equity ratio of 0.00, which indicates conservative financing with low financial risk.
What is NARMP dividend yield and is it a good dividend stock?
NARMP offers a dividend yield of 0.04%, meaning you receive ₹0.04 annual dividend for every ₹100 invested in Narmada Macplast Drip Irrigation Systems Ltd shares.
How has NARMP share price grown over the past 5 years?
NARMP has achieved 5-year growth rates of: Sales Growth 11.95%, Profit Growth N/A%, and EPS Growth 66.66%.
What is the promoter holding in NARMP and why does it matter?
Promoters hold 5.58% of NARMP shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Narmada Macplast Drip Irrigation Systems Ltd.
What is NARMP market capitalisation category?
NARMP has a market capitalisation of ₹83 crores, placing it in the Small-cap category.
How volatile is NARMP stock?
NARMP has a beta of N/A. A beta > 1 suggests the Narmada Macplast Drip Irrigation Systems Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is NARMP operating profit margin trend?
NARMP has a 5-year average Operating Profit Margin (OPM) of 0.77%, indicating the company's operational efficiency.
How is NARMP quarterly performance?
Recent quarterly performance shows Narmada Macplast Drip Irrigation Systems Ltd YoY Sales Growth of 219.39% and YoY Profit Growth of 115.79%.
What is the institutional holding pattern in NARMP?
NARMP has FII holding of 0.00% and DII holding of 1.34%. Significant institutional holding often suggests professional confidence in the Narmada Macplast Drip Irrigation Systems Ltd stock.