First-Ever Stock Split: This Multibagger Stock Surged 82% in 6 Months, 235% in 1 Year, and 1313% in 5 Years

R M Drip and Sprinklers Systems Ltd., a fast-growing irrigation equipment manufacturer, has announced its first-ever stock split. The company informed exchanges that the record date has been fixed as Friday, September 26, 2025, to determine shareholder eligibility for the split.

In its filing, the company said, "Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation of our earlier intimation regarding the approval of sub-division/split of equity shares of the Company by the Board of Directors and the subsequent approval by the shareholders at the Annual General Meeting, we wish to inform you that the Company has fixed Friday, 26th September 2025, as the Record Date for the purpose of determining the eligibility of members for the sub-division/split of equity shares."

R M Drip and Sprinkler Systems Ltd Share Price Performance

The stock of R M Drip and Sprinkler Systems Ltd closed at Rs. 771.50 on Tuesday, down 1.07% even as it touched a new 52-week high during the day. Despite the slight decline, the stock has delivered multibagger returns. The shares of this small-cap stock surged 10.32% in the past month, 82.99% over the past six months, 235.36% in the last year and about 1,313% over the last five years.

Dividend History

Apart from the stock split, R M Drip and Sprinkler Systems Ltd has declared one dividend in the past year. On September 8, 2025, the company announced a final dividend of Rs. 0.50 per equity share.

Q1 FY26 Results for R M Drip & Sprinkler Systems

R M Drip & Sprinklers Systems Ltd reported strong year-on-year growth in its Q1 FY26 results, with revenues rising 79% to Rs. 30.48 crore compared to Rs. 17.01 crore in the same period last year. However, sales were down 36% from the previous quarter's Rs. 48.05 crore. The company posted a net profit of Rs. 5.31 crore, more than triple the Rs. 1.70 crore earned a year ago, but nearly half of what it made in Q4 FY25. Operating profit also improved sharply compared to last year, while earnings per share (EPS) jumped to Rs. 2.13 from Rs. 0.68.

About R M Drip and Sprinkler Systems Ltd

Established in 2004, R M Drip and Sprinkler Systems Ltd. is engaged in the design and manufacturing of irrigation equipment. Its product portfolio includes drip irrigation systems, sprinkler irrigation systems, plastic discs, fertiliser injectors, tanks, and sand and gravel filters. The company, originally listed on the SME platform (EMERGE) of NSE, successfully migrated to the Main Board of the National Stock Exchange (Capital Market Segment) with effect from July 30, 2025.

R M Drip and Sprinklers Systems Target Price

"R M Drip and Sprinklers stock price is bearish & also overbought on the Daily charts with strong resistance at 797. Investors should be booking profits at current levels as a Daily close below support of 765 could lead to a target of 690 in the near term," commented A R Ramachandran, independent research analyst.

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