R M Drip And Sprinklers to Boost Capacity 50% With New Nashik Manufacturing Unit

The latest announcement is out from R M Drip And Sprinklers Systems Limited ( (IN:RMDRIP) ).

R M Drip And Sprinklers Systems Limited has approved the establishment of a new manufacturing unit under its subsidiary Brahmanand Pipes Private Limited in Sinnar district, Nashik, Maharashtra, to capitalize on surging demand in the agriculture sector following GST reductions on various agri-products. The facility, expected to be operational with commercial production in the second quarter of FY 2026-27, will add about 12,000 metric tonnes per annum of capacity—boosting overall production by roughly 50% from an already high utilization base of around 90%—and will be financed through a mix of internal accruals, promoter contribution, borrowings, and fresh equity, significantly expanding RMDRIP’s manufacturing footprint, diversifying its product mix, reducing concentration risk, and strengthening its competitive position and long-term value proposition for stakeholders across agriculture and infrastructure markets.

More about R M Drip And Sprinklers Systems Limited

R M Drip And Sprinklers Systems Limited operates in the agricultural irrigation and infrastructure piping sector, focusing on high-speed drip irrigation systems, HDPE pipes for water supply and irrigation, drainage and sewerage pipelines, telecom ducts, industrial piping solutions, mulching paper, and other micro-irrigation and value-added agricultural and infrastructure products. The company serves multiple high-growth end markets aligned with agricultural modernization, water and rural infrastructure, telecom expansion, and industrial capital expenditure in India.

Average Trading Volume: 673,570

Technical Sentiment Signal: Buy

Current Market Cap: 22.57B INR

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