Press Release on Financial Performance for the Quarter Ended September 30, 2026

R M DRIP AND SPRINKLERS SYSTEMS LIMITED CIN L27200MH2004PLC150101 Registered Address: Gat No. 475, Village Gonde, Taluka Sinnar Nashik 422113 Maharashtra, India Corporate Office: Plot No. 22, Bramhanand, Krushnaban Colony, Sadguru Nagar Road, Koshiko Nagar, Nashik-422009, Maharashtra, India Email Id: cs@rmdrip.com | Website: www.rmdrip.com | Contact: Contact: +91 9226509808 Date: 12th November 2026 To, To, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, C-1, Block G, Corporate Relationship Department Bandra Kurla Complex, Bandra (E), 25th Floor, P J Towers Mumbai – 400 051, Maharashtra, India Dalal Street, Fort, Mumbai – 400 001 NSE SYMBOL: RMDRIP BSE Scrip Code: 544456 Subject: Press Release on Financial Performance for the Quarter Ended September 30, 2026. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Company is enclosing herewith a Press Release highlighting the financial performance of the Company for the quarter ended September 30, 2026. The Press Release provides a brief overview of the Company's standalone financial performance, including revenue, gross profit margin and profit before tax, along with a comparative analysis of the current quarter with the previous quarter and the corresponding quarter of the previous financial year. We request you to kindly take the above information and the enclosed Press Release on record. Thanking you, Yours Truly For, R M Drip And Sprinklers Systems Limited Atharva Nivrutti Kedar DIN 09713023 Managing Director Enclosure: a/a R M DRIP AND SPRINKLERS SYSTEMS LIMITED CIN L27200MH2004PLC150101 Registered Address: Gat No. 475, Village Gonde, Taluka Sinnar Nashik 422113 Maharashtra, India Corporate Office: Plot No. 22, Bramhanand, Krushnaban Colony, Sadguru Nagar Road, Koshiko Nagar, Nashik-422009, Maharashtra, India Email Id: cs@rmdrip.com | Website: www.rmdrip.com | Contact: Contact: +91 9226509808 Summary of Standalone Financial Results Profit Before Tax (PBT) for the current quarter ended September 30, 2026, stood at ₹290.78 lakhs, as compared to ₹704.36 lakhs in the previous quarter and ₹803.96 lakhs in the corresponding quarter of the previous year. The PBT margin for the current quarter stood at 9.02%, as compared to 25.78% in the corresponding quarter of the previous year, representing a decline of 16.76 percentage points. Further, the Company witnessed a significant reduction in PBT compared with both the previous quarter and the corresponding quarter of the previous year. Quarter Ended Particulars September 30, September 30, June 30, 2026 2026 2025 Revenue 3,222.17 4,034.06 3,118.39 Raw Material Cost + Conversion Costs* 2,237.31 2,676.34 1,826.47 Gross profit margin % 30.58% 33.66% 41.42% Profit Before Tax % 9.02% 17.46% 25.78% Further, the summary of the Company's gross profit margins for each quarter is presented in the table below: * Conversion cost includes Factory related overheads, Factory manpower and other direct expenses. These decline in margin was driven by following factors 1. Sharp increase in prices of raw materials: RM Drip & Sprinklers Systems Limited is engaged in the business of manufacturing irrigation and sprinkler systems. Raw materials, primarily HDPE and LLDPE granules, constitute the largest component of the Company's product costs. The prices of these raw materials are directly linked to crude oil prices. Owing to prevailing geopolitical tensions, crude oil prices witnessed a significant increase, resulting in an approximately 40% increase in raw material prices compared with the corresponding quarter of the previous year. Disruptions in global supply chains, shipping and international trade further intensified the cost pressures. Consequently, the cost of goods sold increased significantly, making the rise in raw material prices one of the largest contributor to the decline in gross profit margins. Further, refer to Annexure 1 for detailed information on the increase in raw material prices and the corresponding year-on-year comparison. 2. Delayed Impact Due to the Inventory Cycle: The Company generally maintains an inventory of raw materials sufficient to meet approximately 45 to 60 days of production requirements. The increase in raw material prices commenced during the quarter ended June 30, 2026. However, during the said quarter, the Company continued to consume its existing inventory procured at relatively lower prices, alongside newly procured inventory at higher prices. Accordingly, the impact of increased raw material costs was partially reflected in the margins for the quarter ended June 30, 2026. During the current quarter ended September 30, 2026, the Company largely consumed newly procured inventory purchased at significantly higher prices. Consequently, the full impact of the increase in raw material costs was reflected in the cost of production, resulting in a sharper decline in profit margins during the quarter. 3. Infrastructure Investments and Impact of Geopolitical Developments: Prior to the significant increase in raw material prices, the Company had undertaken investments towards strengthening its infrastructure and expanding its operational capabilities. These initiatives included recruitment of experienced industry professionals and expansion of business operations into three additional states, with a view to supporting future growth and larger business plans. However, the prevailing geopolitical situation and its consequential economic impact adversely affected the Company's expansion plans, resulting in lower-than-anticipated business volumes and capacity utilisation. R M DRIP AND SPRINKLERS SYSTEMS LIMITED CIN L27200MH2004PLC150101 Registered Address: Gat No. 475, Village Gonde, Taluka Sinnar Nashik 422113 Maharashtra, India Corporate Office: Plot No. 22, Bramhanand, Krushnaban Colony, Sadguru Nagar Road, Koshiko Nagar, Nashik-422009, Maharashtra, India Email Id: cs@rmdrip.com | Website: www.rmdrip.com | Contact: Contact: +91 9226509808 Despite the lower volumes, fixed costs associated with the expanded operational base, including depreciation, finance costs and other overheads, continued to be incurred. Consequently, these costs were allocated over lower production and sales volumes, resulting in an increase in per-unit costs and adversely impacting profit margins. 4. Government-prescribed selling rates: A significant portion of the Company's supplies is made under government subsidy schemes applicable to the irrigation sector. Supplies under these schemes are required to be made at rates prescribed under the respective government rate lists, thereby limiting the Company's ability to revise selling prices in response to increases in input costs. 5. Adverse Impact of drought on Sales: The Company's business is closely linked to agricultural activities, and demand for its products is significantly influenced by prevailing agricultural conditions and farmers' purchasing capacity. The prevailing drought conditions adversely impacted agricultural activity and reduced farmers' ability and willingness to invest in irrigation systems. Consequently, the Company's sales during the quarter were approximately 30% lower than the targets envisaged for the period. The lower sales volumes resulted in reduced contribution towards the recovery of fixed costs, thereby further adversely impacting the Company's operating profitability and profit before tax Management Outlook and Corrective Actions Management expects the above factors to be temporary in nature and largely beyond its control. However, the Company has identified and planned the following corrective measures to mitigate their impact and improve profitability: 1. Represent to the relevant government authorities, through the Irrigation Association, for revision of government-prescribed rates to reflect the prevailing input costs. (Attaching in annexure 2 the extract of Official Newsletter of Irrig [Showing first 8,000 characters — download PDF for full document]