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Mahindra EPC Irrigation

MAHEPC NSE
₹97.65 No trade today
P/E
28.64
View as Markdown
MCP
Close 4 Nov 2026 ₹97.65 −40.33 −29.2% 1Y
Start ₹137.98

Key Fundamentals

MicrocapIndustrial ManufacturingCapital Goods

Price-based figures as of · EPS basis: Standalone · TTM

ROCE
10.30%
Debt to Equity
0.24
EPS (TTM)
₹3.41
Book Value
₹66.18
Market Cap
—
P/E (TTM)
28.64
P/B
1.48
ROE
7.93%
Dividend Yield
1.25%
EBITDA
₹25.30 Cr
52W High
₹145.50
52W Low
₹91.91
Volume
0

Peer Comparison

Industrials › Capital Goods › Industrial Products

Mahindra EPC Irrigation peer comparison
₹1,240.10106.91₹59,516 Cr18.470.55%23.40%25.00%₹3,482 Cr₹562 Cr
₹3,999.8098.59₹46,234 Cr14.530.04%25.40%28.60%₹4,883 Cr₹477 Cr
₹1,512.6079.19₹28,543 Cr9.590.10%14.00%16.80%₹5,464 Cr₹401 Cr
₹29,810.0047.82₹25,976 Cr5.650.38%12.60%17.00%₹4,703 Cr₹552 Cr
₹1,034.9573.19₹22,990 Cr11.010.00%18.20%21.30%₹2,191 Cr₹323 Cr
₹3,330.0064.57₹21,957 Cr4.710.00%8.69%12.70%₹3,899 Cr₹345 Cr
₹17,358.00106.09₹18,108 Cr6.100.21%4.05%5.58%₹3,374 Cr₹176 Cr
Mahindra EPC Irrigation (this company)
₹97.6528.64₹275 Cr1.481.25%7.93%10.30%₹304 Cr₹10 Cr
Median 8 companies₹2,421.3076.19₹24,483 Cr7.850.16%13.30%16.90%₹3,690 Cr₹373 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

43 Weak

Data confidence 100/100

Category scores

Quality
31
Poor
Returns, margins, earnings quality 22% weight
Valuation
42
Weak
Cheap vs sector & own history 24% weight
Growth
43
Weak
Sales & profit trajectory 9% weight
Financial Health
62
Good
Solvency, leverage, coverage 9% weight
Momentum
32
Poor
Trend strength, vol-adjusted 12% weight
Ownership
48
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

No strengths listed

Weaknesses

4
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 4.19% over past five years.
  • Company has a low return on equity of 4.57% over last 3 years.
  • Company has high debtors of 254 days.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1054
OscillatorsNeutral252
Moving AveragesStrong Bearish802

Key readings

RSI (14)
47.35
Neutral
MACD (12,26,9)
−1.01
Bearish
SMA (50)
100.30
Bearish
SMA (200)
111.73
Bearish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y+4.39%
5Y+4.20%
3Y+14.11%
1Y+14.29%
TTM+5.12%

Net profit

Net profit growth by window
10Y+3.75%
5Y−7.31%
3YTurned to profit
1Y+85.71%
TTM−11.55%

Operating cash flow

Operating cash flow growth by window
10YOutflow widened by ₹13 Cr
5YTurned negative
3YTurned negative
1YOutflow widened by ₹12 Cr
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y+1.63 pp
5Y−3.19 pp
3Y+13.24 pp
1Y+1.92 pp
TTM−0.83 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹201 Cr
Mar 2018₹205 Cr
Mar 2019₹260 Cr
Mar 2020₹284 Cr
Mar 2021₹254 Cr
Mar 2022₹212 Cr
Mar 2023₹210 Cr
Mar 2024₹262 Cr
Mar 2025₹273 Cr
Mar 2026₹312 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹10.00 Cr
Mar 2018₹5.00 Cr
Mar 2019₹11.00 Cr
Mar 2020₹23.00 Cr
Mar 2021₹19.00 Cr
Mar 2022−₹9.00 Cr
Mar 2023−₹12.00 Cr
Mar 2024₹2.00 Cr
Mar 2025₹7.00 Cr
Mar 2026₹13.00 Cr

Quarterly Results

₹ Cr
MAHEPC quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales
53.25
57.74
80.29
71.17
45.31
50.02
81.45
95.89
62.04
49.58
93.47
107
54.16
72.65
Expenses
53.14
57.15
76.4
70.05
47.68
52.97
71.79
86.3
59.3
48.23
83.01
99.96
55.52
68.02
Operating Profit
0.11
0.59
3.89
1.12
−2.37
−2.95
9.66
9.59
2.74
1.35
10.46
7.04
−1.36
4.63
OPM %
0.21%
1.02%
4.84%
1.57%
−5.23%
−5.9%
11.86%
10%
4.42%
2.72%
11.19%
6.58%
−2.51%
6.37%
Other Income
0.02
0.11
−0.09
2.54
0.1
0.63
0.15
1.54
0.13
0.82
−0.25
1
0.3
0.3
Interest
0.57
0.66
0.73
0.75
0.47
0.58
0.47
0.76
0.76
0.8
0.69
0.89
1.07
1.22
Depreciation
0.78
0.78
0.78
0.81
0.8
0.81
0.81
0.94
0.8
0.79
0.78
0.79
0.72
0.75
PBT
−1.22
−0.74
2.29
2.1
−3.54
−3.71
8.53
9.43
1.31
0.58
8.74
6.36
−2.85
2.96
Tax %
−33.61%
−8.11%
27.07%
29.05%
−25.71%
−25.61%
25.56%
33.72%
25.19%
25.86%
25.74%
24.69%
−24.91%
24.66%
Net Profit
−0.81
−0.68
1.67
1.49
−2.63
−2.76
6.35
6.25
0.98
0.43
6.49
4.79
−2.14
2.23
EPS (₹)
−0.29
−0.24
0.6
0.53
−0.94
−0.99
2.27
2.24
0.35
0.15
2.32
1.71
−0.77
—

Sep 2026: from the results filed on 15 Oct 2026, ahead of the full statement, so some rows are blank.

Profit & Loss

₹ Cr
MAHEPC profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
169
203
201
205
260
284
254
212
210
262
273
312
304
Expenses
165
192
189
193
240
247
228
217
224
257
259
290
287
Operating Profit
4
11
13
12
20
37
26
−5
−13
6
14
22
17
OPM %
2.4%
5%
6%
6%
8%
13%
10%
−2.6%
−6%
2.2%
5%
7%
6%
Other Income
2
2
2
2
1
1
3
−1
3
3
2
2
2
Interest
1
0
2
0
1
2
1
2
2
3
2
3
3
Depreciation
3
3
3
3
3
4
3
3
3
3
3
3
3
PBT
3
10
10
10
17
32
25
−11
−16
2
11
17
13
Tax %
33%
15%
−2%
52%
32%
28%
24%
−23%
−23%
31%
33%
25%
—
Net Profit
2
9
10
5
11
23
19
−9
−12
2
7
13
10
EPS (₹)
0.65
3.16
3.58
1.78
4.12
8.38
6.89
−3.09
−4.39
0.6
2.58
4.54
3.41
Div. Payout %
0%
0%
0%
28%
24%
14%
17%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
MAHEPC balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
28
28
28
28
28
28
28
28
28
28
28
28
Reserves
87
96
107
112
122
143
159
147
136
137
145
157
Borrowings
1
0
0
4
3
13
0
25
15
16
25
45
Other Liabilities
37
46
49
53
68
80
81
79
75
76
94
121
Total Liabilities
152
170
183
196
221
264
268
280
253
257
292
352
Fixed Assets
30
27
25
25
24
28
26
23
22
21
20
19
CWIP
0
0
1
0
0
0
0
0
0
0
0
0
Investments
0
0
5
0
2
2
2
1
0
0
0
0
Other Assets
122
143
152
171
195
234
241
256
231
236
271
332
Total Assets
152
170
183
196
221
264
268
280
253
257
292
352

Cash Flow

₹ Cr
MAHEPC cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
19
−3
−5
−15
5
10
11
−23
19
2
−4
−16
Investing
2
6
−4
6
−3
−2
−1
−1
−2
−2
−2
−2
Financing
−17
0
−1
3
−3
3
−17
20
−12
−4
7
17
Net Cash Flow
4
2
−9
−6
0
11
−7
−4
4
−4
1
−2
Free Cash Flow
18
−3
−5
−16
3
7
10
−24
17
−1
−6
−18
CFO/OP
497
−12
−25
−101
51
59
74
383
−155
14
−18
−76

Ratios

MAHEPC financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
123
136
165
191
175
165
200
238
197
202
232
254
Inventory Days
96
85
104
113
68
97
94
99
116
116
121
96
Days Payable
81
80
108
125
136
178
176
170
164
161
208
246
Cash Conversion Cycle
138
142
161
179
107
85
118
167
150
158
145
103
Working Capital Days
113
112
145
166
125
109
158
168
174
168
174
141
ROCE %
3%
9%
9%
7%
12%
20%
14%
−4%
−7%
3%
7%
10%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Mahindra EPC Irrigation insights

63 extracted metrics across FY10–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 54.18%
  • Public 38.44%
  • Others 7.36%
  • FIIs 0.03%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Mahindra EPC Irrigation

What does Mahindra EPC Irrigation Ltd do?
Incorporated in 1981, Mahindra EPC Irrigation is in the business of manufacturing Micro Irrigation Systems, such as Drip and Sprinklers, and allied products.
Where is Mahindra EPC Irrigation Ltd (MAHEPC) listed?
Mahindra EPC Irrigation Ltd trades as MAHEPC on the NSE and under code 523754 on the BSE.
Which sector does Mahindra EPC Irrigation Ltd belong to?
Mahindra EPC Irrigation Ltd is classified under the Capital Goods sector, in the Industrial Products industry.
What is the PE ratio of Mahindra EPC Irrigation Ltd?
Mahindra EPC Irrigation Ltd trades at a PE ratio of 28.64 as of 4 Nov 2026, on earnings per share of ₹3.41, against a book value of ₹66.18 per share.
What is the 52-week high and low of Mahindra EPC Irrigation Ltd?
Over the last 52 weeks Mahindra EPC Irrigation Ltd has traded between ₹91.91 and ₹145.5 as of 4 Nov 2026.
Does Mahindra EPC Irrigation Ltd pay dividends?
Mahindra EPC Irrigation Ltd has a dividend yield of 1.25%.
What is the Return on Equity (ROE) of Mahindra EPC Irrigation Ltd?
Mahindra EPC Irrigation Ltd reported a return on equity of 7.93%. Its debt-to-equity ratio is 0.24.

Company Information

Incorporated in 1981, Mahindra EPC Irrigation is in the business of manufacturing Micro Irrigation Systems, such as Drip and Sprinklers, and allied products.

CEO Mr. Abhijit Page
Employees 345
Listed 14 Feb 2020
Face Value ₹10

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