R M Drip and Sprinklers Systems Limited has informed the Exchange regarding a press release dated January 12, 2026, titled "Establishment of New Manufacturing unit".
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The Board of R M Drip and Sprinklers Systems has approved setting up a new manufacturing facility through a proposed wholly owned subsidiary, Brahmanand Pipes Private Limited, at Sinnar in Nashik, Maharashtra. The new unit will add approximately 12,000 metric tonnes per annum of installed capacity, which is about a 50% increase in the company's overall production capacity. The facility will produce a diversified range of products including high-speed drip irrigation systems, HDPE pipes, drainage and sewerage pipelines, telecom pipes and ducts, industrial piping, and mulching paper, targeting agriculture, water infrastructure, telecom, and industrial segments. Management has highlighted that the expansion will help the company take advantage of recent GST reductions in the agriculture sector and improve asset utilization, operating leverage, and margins. The company already operates across multiple states with strong distribution and government vendor enlistments, which should support offtake from the new unit.
This is a meaningful 50% capacity expansion that supports future revenue growth, margin improvement, and long-term shareholder value, and is likely to be viewed positively by the market. However, since this is only a board approval at this stage, investors should watch for updates on capex size, subsidiary incorporation, project timeline, and actual commissioning before factoring in the full benefit.