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R M Drip & Sprinklers Systems (NSE:RMDRIP) Buyback Yield % : -13.71 (As of May. 27, 2024)


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What is R M Drip & Sprinklers Systems Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

R M Drip & Sprinklers Systems's current buyback yield was -13.71%.


R M Drip & Sprinklers Systems Buyback Yield % Historical Data

The historical data trend for R M Drip & Sprinklers Systems's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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R M Drip & Sprinklers Systems Buyback Yield % Chart

R M Drip & Sprinklers Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Buyback Yield %
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R M Drip & Sprinklers Systems Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Buyback Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -3.82

Competitive Comparison of R M Drip & Sprinklers Systems's Buyback Yield %

For the Farm & Heavy Construction Machinery subindustry, R M Drip & Sprinklers Systems's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


R M Drip & Sprinklers Systems's Buyback Yield % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, R M Drip & Sprinklers Systems's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where R M Drip & Sprinklers Systems's Buyback Yield % falls into.



R M Drip & Sprinklers Systems Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

R M Drip & Sprinklers Systems's Buyback Yield for the fiscal year that ended in Mar. 2023 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (0 + 0) / 307.74
=0.00%

R M Drip & Sprinklers Systems's annualized Buyback Yield for the quarter that ended in Sep. 2023 is calculated as

Buyback Yield=Net Issuance of Stock(Annualized) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) * Annualized Factor / Market Cap
=- (0 + 121.302) * 2 / 6344.8
=-3.82%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the annualized semi-annual data, the Repurchase of Stock and Issuance of Stock data used here is two times the semi-annual (Sep. 2023) data.


R M Drip & Sprinklers Systems Buyback Yield % Related Terms

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R M Drip & Sprinklers Systems (NSE:RMDRIP) Business Description

Traded in Other Exchanges
N/A
Address
Gat No. 475, Village Gonde, Taluka Sinnar, Nashik, MH, IND, 422113
R M Drip & Sprinklers Systems Ltd designs manufacture and sell micro-irrigation equipment. The company's products are Drip Irrigation, Sprinkler Irrigation, Filters, among others. The Company also assists the farmers in designing and installation of its Sprinkler and Drip Irrigations systems according to their needs. The dealer network expands from Maharashtra, Madhya Pradesh, Gujarat, Karnataka and extended its market to Uttar Pradesh, Bihar and Jharkhand.

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