Is it possible to set the margin or padding for the image which we added with the android:drawableLeft?
I'll throw my answer into the ring as well. If you want to do this programmatically you can do the following.
final Drawable drawable = ContextCompat.getDrawable(getContext(), R.drawable.somedrawable);
final boolean isLTR = ViewCompat.LAYOUT_DIRECTION_LTR == ViewCompat.getLayoutDirection(this);
final int iconInsetPadding = getResources().getDimensionPixelSize(R.dimen.icon_padding);
final Drawable insetDrawable = new InsetDrawable(drawable, isLTR ? 0 : iconInsetPadding, 0, isLTR ? iconInsetPadding : 0, 0);
This will add the padding to the end of the drawable where end will mean left/right depending if phone is in LTR or RTL.