R M Drip and Sprinklers Systems Limited
Incorporated in 1996, R M Drip & Sprinklers Systems Ltd manufactures micro irrigation systems
What R files
- Others31
- Important20
- Updates16
- Board Meeting11
- Dividend/Bonus8
- Insider Trade4
RM Drip's subsidiary signed an MoU with Maharashtra for a proposed INR 100 Cr investment. This aims to expand manufacturing and boost future business growth, a key preliminary step.
SEBI conducted a search at the Promoter Directors' premises. The company reports no material impact on its financials or operations currently. Any future material updates will be disclosed.
R M Drip & Sprinklers Systems allotted 17.84 Cr bonus shares in a 5:7 ratio. Post-allotment, the company's paid-up equity capital now stands at 42.82 Cr shares (Re. 1 each).
RM Drip posted strong 9M FY26 results: Revenue up 65% to ₹136.30 Cr, PAT up 81% to ₹24.93 Cr. The company launched a new IoT irrigation automation segment, tied up with Godrej Agrovet, and is expanding capacity through the Brahmanand Pipes acquisition.
RM Drip & Sprinklers announced a strategic entry into smart irrigation automation from March 2026 via a tech partnership. This move aims for technology-led growth and recurring revenue streams, expected to contribute ~5% of revenue in FY27, with 30% segment growth thereafter.