RM Drip Expands Capacity by 50 Per Cent With New Nashik Plant
The board has approved the establishment of a new, state-of-the-art manufacturing facility through Brahmanand Pipes Private Limited, a wholly owned subsidiary, at Sinnar in Nashik district, Maharashtra. The new unit will have an installed capacity of approximately 12,000 metric tonnes per annum, significantly enhancing RM Drip’s manufacturing footprint.
The capacity expansion is strategically aligned to support higher order inflows across irrigation, infrastructure and industrial markets, while improving overall manufacturing efficiency. The company said the additional capacity will help increase asset utilisation, strengthen operating leverage and improve margin profile, while also enabling it to benefit from cost reductions driven by government-led initiatives in the agriculture sector.
The expanded facility will manufacture a diversified range of products catering to multiple high-growth segments. These include high-speed drip irrigation systems and equipment, HDPE pipes for government water supply and irrigation projects, drainage and sewage pipelines, telecom pipes and ducts, industrial piping solutions, mulching paper for modern agriculture, specialised micro-irrigation moulded products and accessories, and other value-added agricultural and infrastructure products.
The company said the diversification meaningfully reduces product concentration risk and positions it to benefit from structural tailwinds such as agricultural modernisation, water infrastructure development, rural growth, telecom expansion and rising industrial capital expenditure.
Management said execution will remain focused on efficiency and returns. Commenting on the expansion, the promoter and managing director noted that the capacity increase is a pivotal milestone in the company’s growth strategy, laying the foundation for sustained revenue growth, improved margins and stronger execution capabilities. He added that the new facility will enable RM Drip to address multiple high-growth sectors while enhancing long-term returns for shareholders.