Mahindra EPC Irrigation

NSE: MAHEPCBSE: 523754
Compare with peers
₹ 98.00▲ 1.28 (+1.32%)28 Oct, 03:29 pm IST
Market cap
₹ 266 Cr.
P/E
21.3x
P/B
1.47x
52-week range
91.91 – 145.5
ROE
8%
ROCE
10%
Dividend yield
0%
Debt / equity
0.24
Sector
Industrial Manufacturing
Industry
Industrial Products
Listed on
NSE, BSE

About

Mahindra EPC Irrigation Limited is an India-based company, which is engaged in the business of micro irrigation systems such as drip and sprinklers, agricultural pumps, greenhouses, and land scape products. The Company's offerings include drip irrigation, sprinkler irrigation, automation, high-density polyethylene coil & pipe, protected cultivation, do it yourself (DIY) kit, mulch sheet and services. Its drip irrigation products include online, inline and drip irrigation components. The Company's sprinkler irrigation products include sprinklers, quick pipes coupling (QPC) sprinkler fittings and rain guns. Its protected cultivation services include design as per the site condition, quality checking of materials and installation as per design. The Company's services include crop advisory, design service, project management services, and technical services.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Industrial Products: 186 companies →

Mahindra EPC Irrigation against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)21.3 against a typical 29.6: cheaper than most peers (1st = cheapest).64th of 184
  • Sales growth+46.5% against a typical +20.3% from a year earlier.39th of 147
  • Profit growth+418.6% against a typical +9.4% from a year earlier.8th of 121
  • Share price, 3 months−9.4% against a typical −3.4%.109th of 164
  • Size₹ 266.1 Cr. market value against a typical ₹ 305.2 Cr. (1st = largest).90th of 176

Latest announcements

Exchange filings and their impact on the company.

  • 15 Oct 2026Outcome of Board MeetingLow impactNeutralPrice +6.6% on 16 Oct
    Q2 FY27 results announced but no numbers extractable; seasonally soft quarter likely in line.

    Mahindra EPC Irrigation's board on October 15, 2026 approved the unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026. The extractable filing contains only the outcome letter with no detailed profit and loss figures. The September quarter is seasonally the company's weakest quarter, and no change to the full-year trajectory can be inferred from the available text.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Adequate safety

Rated A+ by CRISIL
A+
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
CRISILCrisil A+Stable4 Aug 2026
Credit rating actions
RatingDetails
4 Aug 2026
Reaffirmed
Crisil A+—CRISIL₹ 110 Cr.
18 May 2026
Rating action
Crisil A+—CRISIL₹ 80 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
15 Oct 2026Financial ResultsTo consider and approve the Un-audited Financial Results for the quarter and half year ended September 30, 2026
16 Jul 2026Financial ResultsMahindra EPC Irrigation Ltd has informed the exchange regarding the meeting of the Board of Directors of the Company is scheduled on July 16, 2026, inter alia, to consider and approve the Un-Audited Standalone and Consolidated Financial Results of the Company for the Quarter ended June 30, 2026.
21 Apr 2026Financial ResultsTo consider and approve the financial results for the period ended March 31, 2026
16 Jan 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
17 Oct 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
18 Jul 2025Financial ResultsTo consider and approve the financial results for the Quarter ended June 30, 2025

Share price

1M change +0.97%
1 of 1 filing day came with a big price moveBiggest +6.6% on 16 Oct 2026
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales8071455081966250931075473
Expenses7670485372865948831005668
Operating Profit41−2−3101031107−15
OPM %4.8%1.6%−5.2%−5.9%11.9%10%4.4%2.7%11.2%6.6%−2.5%6.4%
Other Income−03010201−0100
Interest110101111111
Depreciation111111111111
Profit before tax22−4−4991196−33
Tax %27.1%29.1%−25.7%−25.6%25.6%33.7%25.2%25.9%25.7%24.7%−24.9%24.7%
Net Profit21−3−3661065−22
EPS in Rs0.60.53−0.94−0.992.272.240.350.152.321.71−0.770.8

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
4%
5 Years
4%
3 Years
14%
TTM
13%
Compounded Profit Growth
10 Years
5%
5 Years
−6%
3 Years
47%
TTM
−8%
Stock Price CAGR
10 Years
−4%
5 Years
−4%
3 Years
−5%
TTM
—
Return on Equity
10 Years
4%
5 Years
0%
3 Years
5%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
54.18%
−0.02 pts in a year
FIIs
0.13%
+0.06 pts in a year
Public
45.69%
−0.03 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 21.3xEPS (12 months) ₹ 4.60Median P/E 25.7x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Mahindra EPC Irrigation₹ 98.00₹ 266 Cr.21.3x1.5x8%—
Escorts Kubota₹ 2,626.00₹ 29,420 Cr.24.3x2.7x12%11.8%
BEML₹ 1,849.55₹ 15,389 Cr.104.3x5x4.9%3.3%
Action Construction Equipment₹ 1,000.15₹ 11,954 Cr.27.9x5.9x22.9%12.7%
ESAB India₹ 5,289.90₹ 8,143 Cr.46.4x21.1x52.3%13.7%
AJAX Engineering₹ 552.60₹ 6,324 Cr.30.1x4.9x17.7%10.7%

Management

Abhijit Page
Chief Executive Officer
Giriraj Mohta
Chief Financial Officer
Madhvendra Pratap Singh
Compliance Officer, Company Secretary
Ramesh Ramachandran
Managing Director, Executive Director

Prices are delayed and for information only. Nothing on this page is investment advice.