Narmada Macplast

  • Market Cap: Micro Cap
  • Industry: Plastic Products - Industrial
  • ISIN: INE060D01028
  • NSEID:
  • BSEID: 517431
INR
24.66
-0.16 (-0.64%)
BSENSE

Feb 12

BSE+NSE Vol: 63.37 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationUpcoming Result: Narmada Macplast will declare its result soon on 13 Feb 2026
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

63.37 k (-9.87%) Volume

Shareholding (Dec 2025)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

5.58%

how big is Narmada Macplast?

06-Jun-2025

As of Jun 06, Narmada Macplast Drip Irrigation Systems Ltd has a market capitalization of 71.74 Cr, with net sales of 6.98 Cr and net profit of 5.38 Cr over the latest four quarters. The standalone balance sheet shows shareholder's funds of 2.33 Cr and total assets of 3.45 Cr.

As of Jun 06, Narmada Macplast Drip Irrigation Systems Ltd has a market capitalization of 71.74 Cr, categorizing it as a Micro Cap company.<BR><BR>As of Jun 06, the company reported a sum of Net Sales of 6.98 Cr and a sum of Net Profit of 5.38 Cr for the latest 4 quarters, which is Standalone data.<BR><BR>As of Mar 24, the Standalone balance sheet shows Shareholder's Funds of 2.33 Cr and Total Assets of 3.45 Cr.

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Has Narmada Macplast declared dividend?

06-Jun-2025

Narmada Macplast Drip Irrigation Systems Ltd has declared a 1% dividend, amounting to 0.1 per share, with an ex-date of May 16, 2025. Despite a low dividend yield, the company has shown significant price returns over various periods, particularly in the long term.

Narmada Macplast Drip Irrigation Systems Ltd has declared a 1% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 1%<BR>- Amount per share: 0.1<BR>- Ex-date: May 16, 2025<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the company achieved a price return of 112.95%, a dividend return of 0.11%, resulting in a total return of 113.06%.<BR><BR>Over the past year, the price return was 832.64% with a dividend return of 0.49%, culminating in a total return of 833.13%.<BR><BR>In the last 2 years, Narmada Macplast reported a price return of 1611.32% and a dividend return of 0.86%, leading to a total return of 1612.18%.<BR><BR>For the 3-year period, the price return stood at 2271.26%, with a dividend return of 1.39%, resulting in a total return of 2272.65%.<BR><BR>In the 4-year period, there was no change in price or dividend, leading to a total return of 0.0%.<BR><BR>Over the last 5 years, the company also reported no price or dividend return, resulting in a total return of 0.0%.<BR><BR>Overall, Narmada Macplast has declared a dividend, albeit with a low yield, while the total returns over various periods indicate significant growth in price returns, particularly in the longer term.

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Who are the peers of the Narmada Macplast?

03-Jun-2025

Narmada Macplast's peers include Supreme Inds., Astral, Finolex Inds., Garware Hi Tech, Shaily Engineer., Natl. Plastic, Sri KPR Inds., Aik Pipes & Poly, and Duropack. Narmada Macplast outperforms its peers with a 1-year return of 691.11%, while Garware Hi Tech leads in returns at 156.95%, and Aik Pipes & Poly has the lowest at -46.98%.

Peers: The peers of Narmada Macplast are Supreme Inds., Astral, Finolex Inds., Garware Hi Tech, Shaily Engineer., Natl. Plastic, Sri KPR Inds., Aik Pipes & Poly, and Duropack.<BR><BR>Quality Snapshot: Excellent management risk is observed at Supreme Inds. and the rest. Good management risk is found at Astral, Finolex Inds., Shaily Engineer., and Aik Pipes & Poly. Average management risk is noted at Garware Hi Tech and Duropack, while below average management risk is seen at Natl. Plastic and Sri KPR Inds. Growth is average at Garware Hi Tech, while below average growth is observed at Finolex Inds., Natl. Plastic, Sri KPR Inds., and Aik Pipes & Poly. Good growth is noted at Astral and Shaily Engineer., and the rest show average growth.<BR><BR>Return Snapshot: Garware Hi Tech has the highest 1-year return at 156.95%, while Aik Pipes & Poly has the lowest at -46.98%. Narmada Macplast's 1-year return of 691.11% significantly exceeds all peers. Additionally, Finolex Inds., Natl. Plastic, Sri KPR Inds., Aik Pipes & Poly, and Duropack have negative six-month returns.

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What is the technical trend for Narmada Macplast?

09-Jun-2025

As of June 2, 2025, Narmada Macplast shows a bullish trend supported by positive MACD and moving averages, despite some bearish signals from the RSI and a mildly bearish KST on the weekly chart.

As of 2 June 2025, the technical trend for Narmada Macplast has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are both bullish, supporting a positive outlook. The Bollinger Bands also indicate bullish momentum on both time frames. However, the RSI is bearish on both the weekly and monthly charts, suggesting some weakness in price momentum. The daily moving averages are bullish, reinforcing the overall positive trend. The KST shows a mildly bearish stance on the weekly but remains bullish monthly, while Dow Theory confirms a bullish trend in both weekly and monthly perspectives. Overall, the current stance is bullish with moderate strength, driven primarily by the MACD and moving averages.

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Who are in the management team of Narmada Macplast?

16-Jul-2025

As of March 2022, the management team of Narmada Macplast includes Vrajlal Vaghasia (Managing Director), Jitenkumar Vaghasia (Whole-time Director), and several independent and additional directors, along with a Company Secretary. They oversee the company's strategic direction and governance.

As of March 2022, the management team of Narmada Macplast includes the following individuals:<BR><BR>1. Vrajlal Vaghasia - Managing Director<BR>2. Jitenkumar Vaghasia - Whole-time Director<BR>3. Vinesh Laljibhai Babaria - Independent Director<BR>4. Kantibhai Devani - Independent Director<BR>5. Girish Balda - Independent Director<BR>6. Daxaben Jitenkumar Vaghasia - Director<BR>7. Juhi Rajendrakumar Chaturvedi - Company Secretary & Compliance Officer<BR>8. Nikunj Bhavsar - Director<BR>9. Rohilkumar Manishkumar Sadiwala - Additional Director<BR>10. Kamlesh Dayalal Patel - Additional Director<BR><BR>This team is responsible for the strategic direction and governance of the company.

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What does Narmada Macplast do?

17-Jul-2025

Narmada Macplast Drip Irrigation Systems Ltd specializes in drip irrigation systems and operates in the industrial plastic products sector. As of March 2025, it reported net sales of 25 Cr and a net profit of 4 Cr, with a market cap of INR 68 Cr.

Overview:<BR>Narmada Macplast Drip Irrigation Systems Ltd is engaged in the business of drip irrigation systems and operates within the Plastic Products - Industrial industry, categorized as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated on June 09, 1992. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 25 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 4 Cr (Quarterly Results - Mar 2025)<BR>- Market cap: INR 68 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 40<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.00<BR>- Return on Equity: 0.00%<BR>- Price to Book: 0.00<BR><BR>Contact Details:<BR>Address: Plot No 119-120 Post Santej, Santej-Vadsar Road Taluka-Kalo Gandhinagar Gujarat : 382721<BR>Email: narmadadrip@gmail.com<BR>Website: http://www.narmadadrip.com

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Who are the top shareholders of the Narmada Macplast?

17-Jul-2025

The top shareholders of Narmada Macplast include Vrajlal Jadavji Vaghasia with 5.58% and Nirav C Parikh (HUF) with 4.46%. Individual investors hold a combined 72.03%, with no mutual funds or foreign institutional investors involved, and no pledged promoter holdings.

The top shareholders of Narmada Macplast include Vrajlal Jadavji Vaghasia, who holds the highest promoter stake at 5.58%. The highest public shareholder is Nirav C Parikh (HUF) with a holding of 4.46%. Additionally, individual investors collectively hold a significant portion of 72.03% of the company's shares. There are no mutual funds or foreign institutional investors currently holding shares in the company, and there are no pledged promoter holdings.

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How has been the historical performance of Narmada Macplast?

17-Nov-2025

Narmada Macplast's historical performance shows significant fluctuations, with net sales declining from a peak of 12.40 Cr in March 2022 to 6.98 Cr in March 2025, despite a recovery in profitability with a profit after tax of 5.39 Cr and a PAT margin of 77.22% in March 2025. The company is in a recovery phase, improving its financial position despite ongoing revenue challenges.

Answer:<BR>The historical performance of Narmada Macplast shows significant fluctuations in its financial metrics over the years.<BR><BR>Breakdown:<BR>Narmada Macplast's net sales peaked at 12.40 Cr in March 2022 but have since declined to 6.98 Cr in March 2025, with a notable drop to 1.81 Cr in March 2024. The total operating income followed a similar trend, reaching 10.02 Cr in March 2023 before decreasing to 6.98 Cr in March 2025. The company reported an operating profit of 6.49 Cr in March 2025, a substantial recovery from previous years where it faced losses, particularly in March 2024 with an operating profit of only 0.05 Cr. Profit before tax also improved significantly to 6.47 Cr in March 2025, compared to just 0.01 Cr in March 2024. The profit after tax surged to 5.39 Cr in March 2025, reflecting a strong PAT margin of 77.22%. On the balance sheet, total assets increased to 8.84 Cr in March 2025 from 3.45 Cr in March 2024, while total liabilities rose to 8.84 Cr, indicating a significant growth in the company's financial position. Cash flow from operating activities remained negative at -5.00 Cr in March 2025, although cash flow from investing activities was positive at 6.00 Cr. Overall, Narmada Macplast's financial performance indicates a recovery phase, particularly in profitability, despite challenges in revenue generation.

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When is the next results date for Narmada Macplast Drip Irrigation Systems Ltd?

10-Feb-2026

The next results date for Narmada Macplast Drip Irrigation Systems Ltd is 13 February 2026.

The next results date for Narmada Macplast Drip Irrigation Systems Ltd is scheduled for 13 February 2026.

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Why is Narmada Macplast Drip Irrigation Systems Ltd falling/rising?

12-Feb-2026

As of 11-Feb, Narmada Macplast Drip Irrigation Systems Ltd's stock price is rising at 24.95, with a 0.93% increase over four days, despite a year-to-date decline of 11.90%. The stock has shown impressive long-term growth of over 2000% in the past year, indicating strong investor interest despite recent underperformance in its sector.

As of 11-Feb, Narmada Macplast Drip Irrigation Systems Ltd is experiencing a rise in its stock price, currently at 24.95, with a change of 0.23 (0.93%) upwards. This increase is notable as the stock has been gaining for the last four days, accumulating a total return of 3.14% during this period. Additionally, the stock's delivery volume has seen a significant rise of 37.45% compared to the five-day average, indicating increased investor participation. <BR><BR>Despite this positive movement, it is important to note that the stock has underperformed its sector by 0.72% today and has a year-to-date decline of 11.90%. However, its long-term performance is impressive, with a staggering increase of 2032.48% over the past year and 20674.35% over the past three years. The current price is also higher than the 5-day, 20-day, 100-day, and 200-day moving averages, although it remains below the 50-day moving average. This combination of factors contributes to the stock's recent upward movement, despite some short-term challenges.

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Mojo Parameters

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Stock DNA

stock-summary
Industry

Plastic Products - Industrial

stock-summary
Market cap

INR 89 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

39

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Dividend Yield

0.00%

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Debt Equity

0.00

stock-summary
Return on Equity

0.00%

stock-summary
Price to Book

0.00

Revenue and Profits:
Net Sales:
(Quarterly Results - )
Net Profit:
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-11.55%
0%
-11.55%
6 Months
1158.81%
0%
1158.81%
1 Year
1973.14%
8.40%
1981.54%
2 Years
21343.48%
90.91%
21434.39%
3 Years
20432.89%
83.33%
20516.22%
4 Years
0%
52.63%
52.63%
5 Years
0%
0%
0.0%

Latest dividend: 0.1 per share ex-dividend date: May-16-2025

Risk Adjusted Returns v/s stock-summary
Returns Beta
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Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Announcements stock-summary

Board Meeting Intimation for Consideration And Approval The Unaudited Financial Results Of The Company For The Quarter And Nine Month Ending December 31 2025

09-Feb-2026 | Source : BSE

Narmada Macplast Drip Irrigation Systems Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2026 inter alia to consider and approve 1. the Unaudited financial results of the Company for the quarter and nine month ending December 31 2025 pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. 2. Any other business that may deem necessary with the permission of the Chair.

Announcement under Regulation 30 (LODR)-Cessation

09-Feb-2026 | Source : BSE

Resignation of Company Secretary

Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer

09-Feb-2026 | Source : BSE

Resignation of Ms. Hemangi Akshaykumar Vasoya as Company Secretary and Compliance Officer

Corporate Actions stock-summary

stock-summary
BOARD MEETING

13 Feb 2026

stock-summary
DIVIDEND

Narmada Macplast Drip Irrigation Systems Ltd has declared 1% dividend, ex-date: 16 May 25

stock-summary
SPLITS

Narmada Macplast Drip Irrigation Systems Ltd has announced 2:10 stock split, ex-date: 17 Oct 25

stock-summary
BONUS

Narmada Macplast Drip Irrigation Systems Ltd has announced 1:1 bonus issue, ex-date: 10 Oct 25

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

No Data Found

Valuation key factors

No Data Found

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Ā TurnedĀ 
stock-summaryShareholding
Shareholding Snapshot : Dec 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Vrajlal Jadavji Vaghasia (5.58%)

Highest Public shareholder

Sachin Govindlal Modi (7.77%)

Individual Investors Holdings

40.44%

stock-summaryFinancial
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    "alert": "No Quarterly Results declared by Narmada Macplast"
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        "suffix": " Growth in half year ended Sep 2025 is 535.71% vs 1,533.33% in Sep 2024",
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        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is 237.50% vs 300.00% in Sep 2024",
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          "val1": "1.09",
          "val2": "0.06",
          "chgp": "1,716.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.02",
          "chgp": "-100.00%",
          "chgp_class": "positive"
        },
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          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.81",
          "val2": "0.24",
          "chgp": "237.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.50%",
          "val2": "6.12%",
          "chgp": "11.38%",
          "chgp_class": "positive"
        }
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  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "alert": "No Nine Monthly Results declared by Narmada Macplast"
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        "suffix": "YoY Growth in year ended Mar 2025 is 0.00% vs -100.00% in Mar 2024",
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        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.67",
          "val2": "-0.17",
          "chgp": "494.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.02",
          "val2": "0.03",
          "chgp": "-33.33%",
          "chgp_class": "positive"
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          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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          "field": "Standalone Net Profit",
          "val1": "5.39",
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          "chgp": "",
          "chgp_class": "neutral"
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          "field": "Operating Profit Margin (Excl OI)",
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Half Yearly Results Snapshot (Standalone) - Sep'25stock-summary

Sep'25
Sep'24
Change(%)
Net Sales
6.23
0.98
535.71%
Operating Profit (PBDIT) excl Other Income
1.09
0.06
1,716.67%
Interest
0.00
0.02
-100.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.81
0.24
237.50%
Operating Profit Margin (Excl OI)
17.50%
6.12%
11.38%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is 535.71% vs 1,533.33% in Sep 2024

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2025 is 237.50% vs 300.00% in Sep 2024

Annual Results Snapshot (Standalone) - Mar'25stock-summary

Mar'25
Mar'24
Change(%)
Net Sales
6.98
1.81
285.64%
Operating Profit (PBDIT) excl Other Income
0.67
-0.17
494.12%
Interest
0.02
0.03
-33.33%
Exceptional Items
0.00
0.00
Standalone Net Profit
5.39
0.00
Operating Profit Margin (Excl OI)
9.60%
-9.39%
18.99%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 285.64% vs -81.94% in Mar 2024

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2025 is 0.00% vs -100.00% in Mar 2024

stock-summaryCompany CV
About Narmada Macplast Drip Irrigation Systems Ltd stock-summary
stock-summary
Narmada Macplast Drip Irrigation Systems Ltd
Micro Cap
Plastic Products - Industrial
Narmada Macplast Drip Irrigation Systems Limited was incorporated on June 09, 1992. The unit was started with a motto to give the best water, management system to the farmer at Santej Dist.(Gandhinagar). The Company planned to have its own Research & Development farm & Laboratory tool room to comply the need of agriculture sector with latest scientific need of agriculture sector with latest scientific method of irrigation systems.
Company Coordinates stock-summary
Company Details
Plot No 119-120 Post Santej, Santej-Vadsar Road Taluka-Kalo Gandhinagar Gujarat : 382721
stock-summary
Tel:
stock-summary
narmadadrip@gmail.com
Registrar Details
Purva Shareregistry (India) Pvt Ltd , Gala No 9, Shiv Shakti, Industrial Estate,Sitaram Mill Comp., J R Boricha Marg, Lower Parel [E], Mumbai