R M Drip & Sprinklers Systems (NSE:RMDRIP) Interest Coverage: 28.05 (As of Mar. 2026) — 690% Above Median


NSE:RMDRIP R M Drip & Sprinklers Systems Ltd NSE:RMDRIP
79 GF Score
Price ₹19.50
GF Value ₹31.70
Valuation Possible Value Trap
! 5 Warning Signs
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What is R M Drip & Sprinklers Systems Interest Coverage?

R M Drip & Sprinklers Systems NSE:RMDRIP +0.62% 79 Interest Coverage is 28.05 as of Mar. 2026, which is 690% above its 10-year median of 3.55. GuruFocus rates NSE:RMDRIP with a GF Score™ of 79/100 and a GF Value™ of ₹31.70 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 169 Farm & Heavy Construction Machinery companies, R M Drip & Sprinklers Systems ranks better than 63.31% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. R M Drip & Sprinklers Systems's Operating Income for the three months ended in Mar. 2026 was ₹118 Mil. R M Drip & Sprinklers Systems's Interest Expense for the three months ended in Mar. 2026 was ₹-4 Mil. R M Drip & Sprinklers Systems's interest coverage for the quarter that ended in Mar. 2026 was 28.05. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for R M Drip & Sprinklers Systems's Interest Coverage or its related term are showing as below:

NSE:RMDRIP' s Interest Coverage Range Over the Past 10 Years
Min: 0.35   Med: 3.55   Max: 23.47
Current: 15.7


NSE:RMDRIP's Interest Coverage is ranked better than
63.31% of 169 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.32 vs NSE:RMDRIP: 15.70

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


R M Drip & Sprinklers Systems  (NSE:RMDRIP) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


R M Drip & Sprinklers Systems Interest Coverage Related Terms


R M Drip & Sprinklers Systems Interest Coverage Historical Data

* Premium members only.

The historical data trend for R M Drip & Sprinklers Systems's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

R M Drip & Sprinklers Systems Interest Coverage Chart

R M Drip & Sprinklers Systems Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.00 23.47 19.09 15.65

R M Drip & Sprinklers Systems Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 Premium Member Only Premium Member Only 18.84 11.96 6.53 24.51 28.05

NSE:RMDRIP vs CAT, DE, PCAR: Interest Coverage Comparison

For the Farm & Heavy Construction Machinery subindustry, R M Drip & Sprinklers Systems's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Farm & Heavy Construction Machinery Industry

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

* The bar in red indicates where R M Drip & Sprinklers Systems's Interest Coverage falls into.


NSE:RMDRIP
79GF Score
R M Drip & Sprinklers Systems Ltd NSE:RMDRIP
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

R M Drip & Sprinklers Systems Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

R M Drip & Sprinklers Systems's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, R M Drip & Sprinklers Systems's Interest Expense was ₹-31 Mil. Its Operating Income was ₹489 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹361 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*488.74/-31.23
=15.65

R M Drip & Sprinklers Systems's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, R M Drip & Sprinklers Systems's Interest Expense was ₹-4 Mil. Its Operating Income was ₹118 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹361 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*118.39/-4.221
=28.05

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 28.05 mean?
R M Drip & Sprinklers Systems (NSE:RMDRIP) has a Interest Coverage of 28.05 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on R M Drip & Sprinklers Systems and its competitors. This is 690% above median its historical median of 3.55. Over the past decade, R M Drip & Sprinklers Systems' Interest Coverage has ranged from 0.35 to 23.47. According to the industry distribution chart, R M Drip & Sprinklers Systems ranks #62 out of 169 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 36.7%.
Is R M Drip & Sprinklers Systems' Interest Coverage too high?
R M Drip & Sprinklers Systems' current Interest Coverage of 28.05 is 690% above median its 10-year median of 3.55. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 23.47. The Farm & Heavy Construction Machinery industry median Interest Coverage is 9.32. R M Drip & Sprinklers Systems' value of 28.05 is 201% above this industry median. Based on the distribution chart, R M Drip & Sprinklers Systems ranks #62 out of 169 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, R M Drip & Sprinklers Systems has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does R M Drip & Sprinklers Systems' Interest Coverage compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, R M Drip & Sprinklers Systems ranks #62 out of 169 companies for Interest Coverage. This puts R M Drip & Sprinklers Systems in the upper half of its industry. The industry median Interest Coverage is 9.32. R M Drip & Sprinklers Systems' value of 28.05 is 201% above this benchmark. Historically, R M Drip & Sprinklers Systems' own Interest Coverage has ranged from 0.35 to 23.47 over the past decade. While the company's 10-year median is 3.55 vs. the industry median of 9.32, R M Drip & Sprinklers Systems has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Farm & Heavy Construction Machinery company?
The median Interest Coverage among Farm & Heavy Construction Machinery companies is 9.32, based on 169 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. R M Drip & Sprinklers Systems's current Interest Coverage of 28.05 is 201% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on R M Drip & Sprinklers Systems and its competitors. For the Farm & Heavy Construction Machinery industry, the median Interest Coverage is 9.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. R M Drip & Sprinklers Systems's current Interest Coverage is 28.05, which is 690% above median its own 10-year median of 3.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is R M Drip & Sprinklers Systems stock overvalued right now?
Based on GuruFocus' analysis, R M Drip & Sprinklers Systems (NSE:RMDRIP) is currently considered Possible Value Trap. The stock's GF Value™ is ₹31.70, compared to a current price of ₹19.50 — trading 38.5% below its estimated fair value. The current Interest Coverage is 28.05, which is 690% above median its 10-year median of 3.55 and 201% above the Farm & Heavy Construction Machinery industry median of 9.32. R M Drip & Sprinklers Systems' overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For R M Drip & Sprinklers Systems (NSE:RMDRIP), the current Interest Coverage is 28.05 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is R M Drip & Sprinklers Systems (NSE:RMDRIP) Overvalued in 2026?

Based on GuruFocus' analysis, R M Drip & Sprinklers Systems stock appears to be undervalued. The current stock price of ₹19.50 is trading 38.5% below its estimated GF Value™ of ₹31.70. GuruFocus considers R M Drip & Sprinklers Systems to be Possible Value Trap.

Key valuation signals for NSE:RMDRIP:

  • Interest Coverage: 28.05 (690% above median its 10-year median of 3.55)
  • GF Value™: ₹31.70 vs. price of ₹19.50 (38.5% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 201% above the Farm & Heavy Construction Machinery median (#62 of 169)

No single metric tells the full story. See the NSE:RMDRIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


R M Drip & Sprinklers Systems Business Description

Other Exchanges 544456:India
Address Krushnaban Colony, Sadguru Nagar Road, Plot No. 22, Bramhanand, Koshiko Nagar, Nashik, MH, IND, 422009
R M Drip & Sprinklers Systems Ltd designs, manufactures, and sells micro-irrigation equipment. The company's products are Drip Irrigation, Sprinkler Irrigation, and Filters, among others. The Company also assists the farmers in designing and installing its Sprinkler and Drip Irrigation systems according to their needs. The Company is operating only in one segment, i.e., Micro Irrigation Systems. The dealer network expands from Maharashtra, Madhya Pradesh, Gujarat, Karnataka, and has extended its market to Uttar Pradesh, Bihar, and Jharkhand.
79GF Score

Get the complete analysis for NSE:RMDRIP

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹19.50
Price
₹31.70
GF Value