Narmada Macplast Drip Irrigation Systems Ltd (NARMP) Share Price & Fundamentals

What we do

Narmada Macplast manufactures PVC and HDPE pipes for agriculture, household, and infrastructure sectors, specializing in drip irrigation systems.

Founded in

1,992

Market share

Well-established regional player focused on agricultural irrigation solutions.

Problem solved

Provides efficient water management solutions to improve agricultural productivity and conserve water.

Top clients or who we serve

Farmers, agricultural businesses; B2B and B2C segments in irrigation and plastic piping industries.

Key management

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Our journey and innovations

Established own R&D farm and laboratory to innovate irrigation technology aligned with agricultural needs.

Where we operate

Primarily operates in India with a focus on Gujarat and surrounding agricultural regions.

Top products or what we offer

PVC and HDPE pipes, drip irrigation systems, import-export and consultancy in plastic products.

Top brands

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Raw materials needed

PVC, HDPE plastics for pipe manufacturing.

Raw materials supplier

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Recurring vs cyclical contribution

Revenue driven by project-based sales, showing potential cyclical trends with agriculture seasons.

Our industry position

Niche player in drip irrigation market with steady growth and profitability improvements.

Financial highlights

Revenue Rs. 6.98 Cr, Net Profit Rs. 5.39 Cr for FY 2024-25, significant profit growth over prior year.

Geographical revenue split

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Order book

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Whats driving growth

Surging demand for water-efficient irrigation driven by agricultural modernization and water scarcity.

Our future plans

Focus on expanding R&D, enhancing product portfolio, and growing market outreach in agriculture sector.

Our green promise

Promotes water conservation through drip irrigation, supporting sustainable agriculture practices.

Our people and values

Small, dedicated workforce emphasizing innovation, compliance, and customer satisfaction.

Key challenges ahead

Market competition, raw material price volatility, and regulatory compliance.

Interesting facts

Maintains a proprietary R&D facility to develop latest irrigation technologies.

Risks and strategy

Mitigates risks via innovation, quality control and adherence to industry standards.