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    Agricultural - Machinery
Mahindra EPC Irrigation Limited

Mahindra EPC Irrigation Limited

MAHEPC.NS
Mahindra EPC Irrigation LimitedIN flagNational Stock Exchange of India
117.04
INR
-1.44
- -
3.27BMarket Cap
Mahindra EPC Irrigation Limited
MAHEPC.NS
(National Stock Exchange of India)

Recent

price

117.04

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
56.71
56.33
60.67
63.23
61.21
73.35
72.45
73.67
93.64
101.96
91.19
76.08
75.34
93.99
97.53
111.6
103.63
Revenue per Share
0.94
3
2.01
2.79
0.65
3.16
3.58
1.78
4.07
8.29
6.81
-2.84
-4.41
0.6
2.58
4.54
3.87
Basic EPS, GAAP
-1.34
-7.33
0.42
-5.16
6.46
-1.73
-2.87
-5.31
0.93
2.35
3.46
-8.6
6.04
-0.32
-2.27
-6.6
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
0.59
1.18
1.2
1.2
- -
- -
- -
- -
- -
Dividend per Share
11.29
-2.99
3.41
6.07
6.39
9.7
13.27
10.01
18.5
25.56
31.07
27.01
22.67
23.3
25.89
30.33
- -
Book Value per Share
55.21
26.88
39.57
40.78
41.23
44.6
47.04
49.2
52.93
61.25
66.75
62.89
58.5
59.17
61.77
66.23
- -
Tangible Book Value per Share
15
22
27
28
28
28
28
28
28
28
28
28
28
28
28
28
28
Basic Weighted Avg Shares
867
1,251
1,614
1,747
1,692
2,028
2,004
2,039
2,596
2,833
2,539
2,118
2,101
2,623
2,724
3,118
2,895
Sales/Revenue/Turnover
8.61
6.36
3.13
4.29
1.28
7.65
5.05
6.88
7.42
11.94
9.8
-4.06
-7.69
1.1
3.91
5.93
5.46
Operating Margin (%)
18
19
25
28
27
27
30
31
31
38
31
32
31
32
34
32
34
Depreciation Expense
14
67
53
77
18
87
99
49
113
230
190
-79
-123
17
72
127
108
Net Income, GAAP
38.61
6.99
- -
- -
32.9
14.83
- -
52.35
32.74
28.34
24.37
- -
- -
31.28
32.68
25.31
30.46
Effective Tax Rate (%)
1.66
5.33
3.31
4.41
1.06
4.31
4.94
2.42
4.35
8.13
7.47
-3.73
-5.86
0.64
2.65
4.07
3.74
Profit Margin (%)
673
286
817
766
775
859
964
977
922
976
1,164
998
1,072
1,228
1,338
1,223
- -
Working Capital
357
21
126
7
4
3
2
1
1
- -
- -
- -
1
3
1
- -
- -
LT Debt
846
599
1,056
1,130
1,142
1,238
1,342
1,399
1,500
1,703
1,861
1,754
1,634
1,653
1,726
1,850
- -
Total Equity
4.63
7.28
5.01
6.45
1.26
10.86
- -
5.15
9.08
14.92
10.67
- -
- -
1.29
4.53
7.08
- -
Return on Invested Capital (%)
8.95
27.03
27.93
50.07
14.56
40.3
- -
15.15
28.41
35.24
22.8
- -
- -
4.43
9.8
13.2
10.32
Return on Capital (%)
10.28
- -
- -
59.64
10.42
39.33
31.19
15.33
28.6
37.68
24.08
-9.78
-17.79
2.6
10.5
16.16
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
253
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
28
- -
Market Capitalization
3,200
3,307
4,038

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
2,519
- -
Cash, Cash Equivalents & STI
- -
45
- -
Accounts Receivable, Net
- -
1,734
- -
Inventories
- -
417
- -
Total Current Liabilities
- -
1,181
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
253
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.29%
0.04%
7.21%
Free Cash Flow
40.61%
34.31%
190.55%
Net Income, GAAP
38.62%
41.62%
76.01%
Sales/Revenue/Turnover
5.24%
5.16%
14.47%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
532
577
803
710
2,623
2025
454
500
814
959
2,724
2026
622
935
1,070
- -
3,118

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.29
-0.24
0.6
- -
0.6
2025
-0.94
-0.99
2.27
2.24
2.58
2026
0.35
2.32
1.71
- -
4.54

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Mahindra EPC Irrigation Limited, a subsidiary of Mahindra & Mahindra Limited, manufactures, sells, and markets micro irrigation systems, including drip irrigation products such as online drippers, inline drippers, and components; sprinkler irrigation products comprising sprinklers, quick pipe coupling fittings, and rain guns; agricultural pumps; high-density polyethylene coils and pipes; protected cultivation solutions like greenhouses; do-it-yourself kits; mulch sheets; and related services encompassing crop advisory, design, project management, automation, installation, agronomy support, and after-sales support both in-person and digital. The India-based company, founded in 1981 and headquartered in Nashik, Maharashtra, primarily serves farmers and agricultural communities in India with a focus on water management and precision farming, while also exporting products and operating limited international presence including Uganda. In recent developments, the company secured contracts worth Rs 1.79 crore and Rs 2 crore in November 2025 for constructing pressurized micro irrigation systems under community projects, reported savings of 262 crore litres of water and 8.4 million units of energy through its solutions as of June 2025, and traces its current branding to a name change from EPC Industrie Limited in February 2019 following integration into the Mahindra Group.