Narmada Macplast Drip Irrigation Systems Ltd Stock Price Today (NSE: NARMP)

Narmada Macplast Drip Irrigation Systems Ltd

23.29+0.63 (+2.78%)
Market Closed

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 23.29, up +2.78% on NSE/BSE as of 22 September 2026. Narmada Macplast Drip Irrigation Systems Ltd (NARMP) is a Small-cap company in the Plastic Products - Industrial sector with a market capitalisation of 84.38 (Cr). The 52-week high for NARMP share price is 223.50 and the 52-week low is 14.56. At a P/E ratio of 48.80x, NARMP is currently trading above its industry average P/E of 20.83x. The company has a Return on Equity (ROE) of 19.62% and a debt-to-equity ratio of 0.00.

Narmada Macplast Drip Irrigation Systems Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
24.69
Low
19.95
Volume
1.2L
Change
+18.51%

Narmada Macplast Drip Irrigation Systems Ltd share price chart: 18.51% return over the past month. 52-week high ₹223.50, 52-week low ₹14.56.

Narmada Macplast Drip Irrigation Systems Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
23.1024.1623.0123.3551.42K (Cr)
23.5224.1522.9523.0156.79K (Cr)
24.0524.0523.3023.3434.39K (Cr)
24.3524.3523.4823.4938.05K (Cr)
24.0624.0623.5123.5725.58K (Cr)
23.8024.0023.5023.5215.16K (Cr)
23.9024.7023.5523.6338.19K (Cr)
24.0024.4523.8524.0773.21K (Cr)
23.7024.1023.4523.6348.34K (Cr)
23.7124.0023.4523.9882.66K (Cr)

Narmada Macplast Drip Irrigation Systems Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
24.0024.7022.9523.35-2.71%
20.0024.6919.9523.77+18.85%
24.0025.0019.4520.00-16.67%
20.1526.5019.7024.25+20.35%
22.7524.2020.4020.76-8.75%
16.2924.8015.4522.41+37.57%
21.0023.5014.5615.54-26.00%
26.0026.9022.2523.16-10.92%
28.4529.0421.3725.15-11.60%
24.0228.5022.9528.32+17.90%
26.5027.8821.8423.55-11.13%
206.50223.5024.4026.05-87.38%

Returns & Performance

Excellent

Return on Equity (ROE)

19.62%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

26.43%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

5.68%

Average operating profit margin over 5 years

Dividend Yield

0.05%

Annual dividend as % of current share price

Narmada Macplast Drip Irrigation Systems Ltd Valuation Check

Poor

Price to Earnings (P/E)

48.80x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

20.83x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Average

Promoter Holding

5.58%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

12.25%

Net profit growth vs same quarter last year

Good

Revenue Growth (Quarterly YoY)

18.97%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

29.39%

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.00x

Total debt ÷ equity. Below 0.5 = financially healthy

Interest Coverage Ratio

N/A

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-2.06 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

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

6 factors identified

Strong Return on Equity (19.62%)

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 (26.43%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Revenue Growth (18.97%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (29.39% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Conservative Debt Levels (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

Premium Valuation Risk (P/E: 48.80x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

High Price-to-Book Ratio (8.98x)

Observation: Trading at significant premium to book value.

Analysis: High P/B ratios may indicate overvaluation relative to asset base.

Negative Free Cash Flow (₹-2.06 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.

Narmada Macplast Drip Irrigation Systems Ltd vs Plastic Products - Industrial Peers

Peer Comparison - Plastic Products - Industrial

Compare Narmada Macplast Drip Irrigation Systems Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
34.6/100
23
₹84.38
48.8
Average
19.62%
Good
26.43%
Excellent
0.0
Excellent
29.39%
Excellent
0.05%
56.2/100
3517
₹44682.21
43.3
Average
0.00%
Poor
19.13%
Good
0.0
Excellent
-0.89%
Poor
12.03%
Good
1.04%
57.8/100
1475
₹39672.12
68.8
Average
13.98%
Average
19.33%
Good
0.0
Excellent
5.82%
Good
15.64%
Excellent
0.28%
66.3/100
3455
₹15893.00
89.8
Average
0.00%
Poor
34.04%
Excellent
0.2
Excellent
48.94%
Excellent
20.63%
Excellent
0.07%
68.8/100
6753
₹15686.06
40.4
Average
13.45%
Average
17.63%
Good
0.0
Excellent
22.03%
Excellent
16.47%
Excellent
0.17%
50.5/100
157
₹9690.16
15.7
Average
0.00%
Poor
12.17%
Average
0.1
Excellent
-4.09%
Poor
3.50%
Average
1.20%
64/100
185
₹9131.11
17.9
Average
13.43%
Average
18.24%
Good
0.2
Excellent
35.29%
Excellent
15.23%
Excellent
0.64%
66.6/100
6158
₹8344.27
37.0
Average
17.41%
Good
23.61%
Excellent
0.0
Excellent
103.40%
Excellent
26.05%
Excellent
0.00%
41.1/100
281
₹3104.00
30.4
Average
4.54%
Poor
6.26%
Poor
0.1
Excellent
-19.89%
Poor
4.64%
Average
0.18%
12.6/100
578
₹2544.22
0.00%
Poor
2.13%
Poor
0.2
Excellent
16.36%
Excellent
0.14%
53.3/100
98
₹1711.13
18.3
Average
11.69%
Average
27.45%
Excellent
0.0
Excellent
12.82%
Good
1.75%
Average
0.46%

Narmada Macplast Drip Irrigation Systems Ltd Quarterly Performance

Latest quarterly metrics for NARMP — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

18.97%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

12.25%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

29.39%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Narmada Macplast Drip Irrigation Systems Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for NARMP — calculated from daily price history

58RSI 14
Neutral — RSI 58

Momentum is balanced — neither overbought nor oversold.

SMA 50
22
▲ Price above SMA 50 — Short-term bullish
SMA 200
23
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
86K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Narmada Macplast Drip Irrigation Systems Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Narmada Macplast Drip Irrigation Systems Ltd (NARMP) — sourced from NSE/BSE filings.

Financial Results & Statements

Latest quarterly, annual and period-wise financial data for Narmada Macplast Drip Irrigation Systems Ltd

Loading latest quarterly results...

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

Symbol:NARMP
Industry:Plastic Products - Industrial
Sector:Plastic Products - Industrial

Key Leadership

Mr. Vrajlal Jiten Vaghasia
Chairman & MD
Mr. Abhishek Ashokbhai Patel
Chief Financial Officer
Mr. Jitenkumar Vrajlal Vaghasia
Whole Time Director

NARMP Share Price: Frequently Asked Questions

What is the current share price of Narmada Macplast Drip Irrigation Systems Ltd?

Narmada Macplast Drip Irrigation Systems Ltd (NARMP) trades at ₹23.29 on NSE and BSE. Market cap ₹84.38 (Cr). Educational data only.

What is the P/E ratio of Narmada Macplast Drip Irrigation Systems Ltd?

Narmada Macplast Drip Irrigation Systems Ltd has a P/E of 48.80x vs industry average 20.83x.

What is the Bull Run score for Narmada Macplast Drip Irrigation Systems Ltd?

Narmada Macplast Drip Irrigation Systems Ltd has a Bull Run score of 34.6/100 based on 25+ financial parameters.

Does Narmada Macplast Drip Irrigation Systems Ltd pay dividends?

Narmada Macplast Drip Irrigation Systems Ltd has a dividend yield of 0.05%. Past dividends don't guarantee future payments.

What is the ROE of Narmada Macplast Drip Irrigation Systems Ltd?

Narmada Macplast Drip Irrigation Systems Ltd has ROE of 19.62%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Narmada Macplast Drip Irrigation Systems Ltd?

Narmada Macplast Drip Irrigation Systems Ltd has debt-to-equity of 0.00.

Is Narmada Macplast Drip Irrigation Systems Ltd a good investment?

Bull Run gives Narmada Macplast Drip Irrigation Systems Ltd a score of 34.6/100. This is not investment advice — consult a SEBI-registered advisor.