R M Drip Announces Strategic Entry into Smart Irrigation Automation; Targets 5% Revenue Contribution in FY27

Nashik, February 16, 2026: R M Drip and Sprinklers Systems Limited (NSE: RMDRIP | BSE: 544456) has announced a strategic technology partnership to enter the IoT-based smart irrigation and digital agriculture segment, marking a transition toward integrated hardware-plus-software solutions and recurring revenue streams.
The initiative, set to commence from March 2026, positions the company in the rapidly expanding irrigation automation market and aligns with its long-term technology-led growth strategy.

Market Opportunity: High-Growth Irrigation Automation Segment​

The company highlighted significant growth potential across domestic and global markets:

• India Irrigation Automation Market: USD 252 million (2024) projected to reach USD 899 million by 2030, implying a CAGR of 24.1%.
• Global Irrigation Automation Market: USD 7.2 billion (2025) expected to grow to USD 12.4 billion by 2030, reflecting an 11.5% CAGR.

Strategic Highlights and Revenue Impact​

R M Drip’s entry into automation represents a structural shift from traditional hardware-led products to a digitally integrated platform model.
The company expects the new segment to enhance revenue visibility, improve margins, and strengthen long-term scalability.

Policy Roadmap Alignment and Industry Phases​

R M Drip outlined the broader industry transition in two phases:
Management indicated that the industry focus is shifting from adoption to precision and smart irrigation, positioning automation as a structural growth driver.

Near, Medium and Long-Term Outlook​

Near-Term Drivers

• Accelerated adoption through subsidies and solar pump installations
• Increasing farmer awareness
• Rising demand from greenhouse and polyhouse farming

Medium-Term Evolution

• Integration of AI and predictive analytics
• Emergence of comprehensive digital farm management platforms

Long-Term Trend

• Smart irrigation becoming a standard farming practice
• Sustained policy and climate-driven demand supporting industry expansion

Management Commentary​

Mr. Atharva Nivrutti Kedar, Managing Director, said the company remains focused on strengthening capabilities through innovation and long-term strategic initiatives.
“Our entry into smart irrigation automation reflects our proactive approach to staying ahead of industry trends and delivering future-ready solutions for the agriculture sector. We believe such initiatives will enhance customer value, strengthen our market position, and support sustainable, long-term growth while keeping the Company at the forefront of evolving agricultural technologies,” he stated.

FY25 Financial Snapshot​

The company reported the following performance for FY25:
The healthy margin profile underscores operational efficiency as the company prepares to diversify into higher-value technology-driven offerings.

About R M Drip and Sprinklers Systems Limited​

R M Drip and Sprinklers Systems Limited is a leading Indian manufacturer of micro-irrigation solutions, including drip irrigation systems, sprinkler systems, pipes, and filtration products.
The company operates three fully automated manufacturing plants in Nashik, Maharashtra, with a combined installed capacity of approximately 22,000 metric tonnes per annum. It maintains a strong presence across more than 10 states, supported by over 1,000 dealer and retail touchpoints and six company-owned outlets. R M Drip holds leadership positions in Maharashtra, Karnataka, and Madhya Pradesh, with expanding footprints across North, East, and Southern India.
Operating in India’s high-growth micro-irrigation sector, the company is strategically positioned to benefit from increasing focus on water efficiency, modern farming practices, and agricultural infrastructure development.

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