R M Drip And Sprinklers Systems Limited reported a 47.3% increase in net profit for the financial year ended March 31, 2026, rising to ₹3,521.54 lakh from ₹2,390.65 lakh in the previous year. Revenue from operations for the year grew to ₹19,742.39 lakh, compared to ₹13,011.00 lakh in FY25. The board has recommended a dividend of 3% for the financial year 2025-26, subject to shareholder approval at the ensuing Annual General Meeting.

Financial Performance

The company's standalone financial results for the quarter ended March 31, 2026, show a net profit of ₹1,019.61 lakh. Total income for the quarter stood at ₹6,142.82 lakh. For the full fiscal year, the profit before tax was ₹4,790.56 lakh, with a total tax expense of ₹1,269.03 lakh. Earnings per equity share (basic) for the year improved to ₹1.41 from ₹0.96 in the previous year.

Operational Highlights

The board met on May 30, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. M/s Bilimoria Mehta & Co., Chartered Accountants, issued the audit report with an unmodified opinion on the standalone and consolidated financial results. The board also approved the re-appointment of M/s SHARPS & CO., Chartered Accountants, as the Internal Auditor for the financial year 2026-27.

Consolidated Results

On a consolidated basis, the company reported a net profit of ₹3,491.51 lakh for FY26, up from ₹2,405.99 lakh in the previous year. Consolidated revenue from operations for the year was ₹19,738.25 lakh. The company noted that Tuljai Agro Chemicals Private Limited and Brahmanand Pipes Private Limited are its subsidiaries as of March 31, 2026.

RM Drip and Sprinklers Systems Limited has disclosed, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that its subsidiary company has executed a Memorandum of Understanding (MoU) with the Government of Maharashtra. The disclosure was made on 6th May, 2026, in compliance with Schedule III of the applicable SEBI regulations.

MoU Executed at Kumbha Udyog 2026 Summit

Brahmanand Pipes Private Limited, a subsidiary of RM Drip and Sprinklers Systems Limited, signed the MoU during the "Kumbha Udyog 2026 – Nashik District Investment Summit". The agreement was executed in the presence of prominent government officials and industry representatives. Key details of the MoU are outlined below:

The signing ceremony was attended by the Hon'ble Chief Minister of Maharashtra, Shri Devendra Fadnavis, and the Hon'ble Minister of Industries, Shri Uday Samant, along with other dignitaries and government officials.

Investment Objective and Scope

Under the terms of the MoU, Brahmanand Pipes Private Limited has proposed an investment commitment of approximately INR 100 Crores for expansion and development activities within the State of Maharashtra. The proposed investment is intended towards strengthening the manufacturing and operational capabilities of the subsidiary and supporting future business growth opportunities. The investment remains subject to necessary approvals, feasibility assessments, and implementation terms.

Nature of the Agreement

RM Drip and Sprinklers Systems Limited has clarified the scope and binding nature of the MoU with the following key points:

• The MoU is in the nature of a preliminary understanding expressing the intent of investment and cooperation.
• It does not constitute a definitive binding agreement for allotment of incentives or approvals.
• The investment commitment is subject to necessary approvals and feasibility assessments.

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was signed by Atharva Nivrutti Kedar, Managing Director (DIN 09713023), on behalf of RM Drip and Sprinklers Systems Limited.