TipHub

20.1

-0.17 -0.84%

As of 30 Jul 2026 · delayed

BSE Listed

GSM · GSM 2 · SDD
What does GSM · GSM 2 · SDD mean?
BSE · Graded Surveillance Measure (GSM 2)GSM targets fundamentally weak companies whose price doesn't square with their financials (tiny net worth or negative/extreme P/E). Practical meaning: the exchange doubts the price is backed by the business. Stage 0 is a watchlist; each higher stage makes the stock progressively harder to trade — tighter bands, full upfront margin, weekly-only trading, and at Stage IV no upward price movement at all. Exiting requires a quarterly review finding the criteria no longer met.Criteria: Shortlisted on objective financial parameters — net worth, net fixed assets, price-to-earnings multiple and market capitalisation. Stage 0 = base surveillance watchlist (identified under GSM, no graded price restriction yet); Stages I–VI add escalating curbs (price band, 100% margin, periodic call auction, settlement on a gross/trade-for-trade basis, no upward price movement).Exchange notice · 2026-06-24
BSE · Structured Digital Database (SDD) Non-ComplianceA governance red flag, not a price measure: the company cannot demonstrate it tracks who holds its unpublished price-sensitive information — the core defence against insider leaks. Practical meaning: fix the SDD register and compliance-officer process fast; the flag is publicly visible on the quote page and persistent non-compliance escalates to fines.Criteria: Company has not maintained / certified the Structured Digital Database required under SEBI (Prohibition of Insider Trading) Regulations — the register of persons with access to unpublished price-sensitive information. Flagged per-scrip on the exchange quote page; a governance red flag that draws exchange fines and closer surveillance.Exchange notice · 2026-07-28

Narmada Macplast Drip Irrigation Systems Ltd. (517431)

Volume: 5,394Avg Vol 1W: 11,527Avg Vol 1M: 15,82552W Range:14.5634.55
Key Ratios
Checked 7h ago
Market Cap₹73 Cr
Current Price₹20.1
Previous Close₹20.27
High / Low (52w)₹34.55 / ₹14.56
Volume5,394
Avg Vol (1W)11,527
Avg Vol (1M)15,825
Stock P/E43.7
Book Value₹2.59
Dividend Yield10%
ROE17.82%
ROA8.82%
Revenue (TTM)
Revenue Growth
Profit Margin12.62%
Total Debt
Shares Outstanding4 Cr
Face Value
EPS (TTM)₹0.46
P/B7.75
Debt / Equity0.06
50 DMA₹21.56
200 DMA₹23.22
Day change-0.84%
SurveillanceGSM · GSM 2 · SDD
Price Chart
20.1 6.56% · 1Y
891519.8L
2025-07-30
2026-07-30

20-day avg volume: 13K shares

Pros
  • Healthy return on equity of 17.8%.
  • Pays a dividend yield of 10.0%.
  • Company is almost debt-free.
Cons
  • Revenue fell 80% YoY.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹0 Cr₹1 Cr₹4 Cr₹2 Cr₹3 Cr₹3 Cr₹3 Cr₹4 Cr
EBITDA₹0 Cr₹0 Cr₹6 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr
Net Profit₹0 Cr₹0 Cr₹5 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EPS
Profit & Loss (Annual)
MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Revenue₹6 Cr₹0 Cr₹9 Cr₹4 Cr₹4 Cr₹13 Cr₹10 Cr₹2 Cr
EBITDA₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EPS0.460.140.190.0100.020.020.01
Balance Sheet
MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Total Assets₹4 Cr₹3 Cr₹4 Cr₹3 Cr₹6 Cr₹6 Cr₹3 Cr₹3 Cr
Total Liabilities₹1 Cr₹1 Cr₹2 Cr₹0 Cr₹3 Cr₹4 Cr₹1 Cr₹1 Cr
Equity₹2 Cr₹2 Cr₹2 Cr₹2 Cr₹2 Cr₹2 Cr₹2 Cr₹2 Cr
Total Debt
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024
Operating₹0 Cr₹0 Cr₹-1 Cr₹0 Cr
Investing₹0 Cr₹0 Cr₹-1 Cr₹0 Cr
Financing₹0 Cr₹0 Cr₹3 Cr₹0 Cr
Free Cash Flow₹0 Cr₹0 Cr₹-1 Cr₹0 Cr
Shareholding
Promoter 5.58% Institutions 0% Public 94.42%
Efficiency & Working Capital
ROCE24%
Interest Coverage55
Dividend Payout
Debtor Days152 d
Inventory Days0 d
Payable Days1 d
Cash Conversion Cycle150 d
Working Capital Days152 d
Shareholding Details

As of 2026-06-30

Promoter5.6%
FII0%
DII0%
Institutions0%
Public94.4%
Promoter Pledge0%
No. of Shareholders6,940
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters45.7%45.7%45.7%45.7%12.3%5.6%5.6%5.6%5.6%5.6%5.6%5.6%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs1.3%1.3%1.3%1.3%1.3%1.3%0%0%0%0%0%0%
Public53%53%53%53%86.3%93.1%94.4%94.4%94.4%94.4%94.4%94.4%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders2,9472,9543,0393,0823,1533,3704,2834,4856,5558,0007,6696,940
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503
Major Shareholders (>1%)
NameCategoryStakeShares
Vrajlal Jadavji VaghasiaShareholding of Promoter and Promoter Group5.6%20,21,510
Jiten Vrajlal VaghasiaShareholding of Promoter and Promoter Group0%0
Board of Directors
NameDesignationYear
Vrajlal VaghasiaChairman/ED & CEO2025
Jitenkumar VaghasiaExecutive Director2025
Vinesh Laljibhai BabariaIndependent Non Exe. Director2025
Kantibhai DevaniIndependent Non Exe. Director2025
Daxaben Jitenkumar VaghasiaNon-Exec & Non-Independent Dir2025
Nikunj BhavsarNon-Exec & Non-Independent Dir2025
Hemangi VasoyaCompany Sec. & Compli. Officer2025
Bhavin PatelIndependent Director2025
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹10544
Corporate Actions
TypeDateValueRemark
split2025-10-171:5face value change from 10 to 2
bonus2025-10-101:11:1 Bonus Issue of Equity Shares
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
202500000
2025000000
2025000000
Substantial Acquisitions (SAST)

15 disclosure(s)

Market27/03/2026 · 9,13,831
Market20/01/2026 · 2,00,000
Market18/12/2025 · 51,455
Market02/12/2025 · 5,000
Market25/11/2025 · 34,341
Market13/11/2025 · 10,084
Company Information
Incorporated1992
ChairmanVrajlal Vaghasia
AuditorDharit Mehta & Co/Rajendra J Shah & Co
Investor Email[email protected]
🌐 www.narmadadrip.com

📍 Plot No 119-120 Post Santej, Santej-Vadsar Road Taluka-Kalo, Gandhinagar, Gujarat, 382721

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