On January 12, 2026 the Board of RM Drip and Sprinklers Systems approved a major strategic expansion that will increase the company’s total production capacity by 50%.
This expansion is centered on a new high-tech facility in Sinnar, Nashik, operated under a newly formed wholly-owned subsidiary Brahmanand Pipes Pvt Ltd. The move signals the company’s shift from being a pure-play irrigation provider to a diversified industrial piping player.
Project Timeline & Capacity
The company is moving at an aggressive pace to capitalize on current demand in the water infrastructure and telecom sectors.
- Installed Capacity: 12,000 metric tonnes per annum.
- Current Utilization: The company’s existing units are currently running at approximately 90% capacity, necessitating this immediate scale-up.
- Timeline: * Land Acquisition: Expected completion by February 28, 2026.
- Construction Completion: Targeted for Q1 FY 2026-27.
- Commercial Production: Slated to begin in Q2 FY 2026-27 (July–Sept 2026).
Strategic Diversification
While RM Drip is historically known for micro-irrigation, this new facility marks a significant move into high-margin infrastructure and industrial segments:
| Segment | Target Applications |
| Agricultural | High-speed drip systems, mulching paper, and micro-irrigation accessories. |
| Government/Utility | HDPE pipes for state water supply (Har Ghar Jal) and sewerage projects. |
| Telecom | Specialized ducts and pipes for the ongoing 5G and fiber-to-the-home (FTTH) rollouts. |
| Industrial | High-pressure piping solutions for chemical and manufacturing plants. |
Financial Performance & Market Outlook
The expansion follows a year of explosive growth for the company, which saw its revenue jump from ₹50 crore in FY24 to ₹131 crore in FY25.
- Revenue Growth: Outperforming its 3-year CAGR of 90%.
- Policy Tailwinds: The company cited the GST reduction to 5% on several agricultural products as a primary driver for increased demand from the farming community.
- Funding: The expansion will be funded through a mix of internal accruals, promoter contributions, and debt.
“By increasing our capacity by nearly 50%, we are building the foundation for sustained revenue growth and stronger execution capabilities.” — Nivrutti Pandurang Kedar, Managing Director.
