New Launch16 Feb 2026, 10:06 am
R M Drip and Sprinklers Systems Ltd Forays into Smart Irrigation Automation
AI Summary
R M Drip and Sprinklers Systems Ltd, a leading manufacturer of micro-irrigation systems, has announced a strategic technology partnership with an advanced farm automation technology company. This initiative marks the company's entry into loT-based smart irrigation and digital agriculture, representing a key milestone in its transition toward technology-led growth, recurring revenue generation, and expansion into next-generation agriculture solutions.
Key Highlights
- Strategic entry into next-generation irrigation automation
- Expansion from hardware-led products to integrated hardware + software platform
- New revenue streams from hardware, mobile apps, analytics and subscriptions
- Expected contribution of ~5% of revenue in FY27, ~30% growth expected in this segment from FY27 onwards
- Leverage of 1,000+ dealer and retail touchpoints for nationwide rollout, supported by favourable government initiatives, subsidies adoption driving faster farmer adoption
- Strong alignment with water conservation, solar irrigation and digital agriculture initiatives
- Enhances long-term revenue visibility, margin profile and business scalability