R M Drip & Sprinklers Systems Ltd share price softened by 4.79% to Rs 19.08 after the company's net profit witnessed a sharp fall of 64.78% to Rs 1.87 crore, while revenue from operations nosedived 28.32% to Rs 28.95 crore in Q2FY27 over Q2FY26.

The market capitalization of Plastic Products - Industrial industry group stocks on BSE stood at Rs 1.49 lakh crore, rallying 17.24%. It has eased by 2.62% over last one week and softened by 6.97% in last one month while the market capitalization of R M Drip & Sprinklers Systems Ltd has marginally improved by 9.03% and 6.12% in the same period respectively.

Profit before tax (PBT) of R M Drip & Sprinklers Systems Ltd stood at Rs 2.78 crore in Q2 FY27, nosediving by 65.72% year-on-year, and plunging by 60.29% quarter-on-quarter. EBITDA came in at Rs 4 crore, tanking 34.94% YoY and tumbling by 51.30% sequentially.

Total expenses saw a steep drop of 21.73% to Rs 25.28 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 24.08 crore, posting a minor increase of 1.39% YoY, while employee benefits expense was at Rs 2.04 crore, inching up 5.70% YoY.

For FY26, revenue from operations witnessed a strong growth of 50.72% to Rs 197.38 crore, while net profit surged by 45.14% to Rs 34.92 crore, compared to previous FY. EBITDA soared by 3514% to Rs 50.53 crore, and PBT jumped 47.34% to Rs 47.62 crore compared to previous FY.

The company's consolidated net cash flow from operating activities stood at Rs 13.18 crore in FY26, as against Rs 27.38 crore in FY25.

R M Drip & Sprinklers Systems Ltd tumbled by 60.17% in last one year, underperforming the benchmark BSE Sensex which has softened by 2.91% during the same period.