MAHEPC · Mahindra Epc Irrigation Ltd · Constr. & Agric. Machinery
MAHEPC · Mahindra Epc Irrigation Ltd · Constr. & Agric. Machinery
As of 05 Nov close
52-week range
32.3% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹54 Cr
Revenue YoY
PAT YoY
-318.4%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
1.6
P/S (TTM)
0.9
Sector P/E
28.6
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| MAHEPC (this stock) | 35.4 | 1.6 | +3.1% | +5.2% | 0.24 | 0.0% |
| Escorts Kubota | 23.4 | 2.6 | +11.3% | +11.2% | 0.01 | +1.1% |
| BEML | 82.2 | 5.9 | +3.9% | +6.1% | 0.11 | +0.8% |
| Action Construction Equipment | 27.9 | 5.9 | +12.7% | +22.9% | 0.33 | +0.2% |
Promoter
stable
FII
rising 1q
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: During the earnings call held on April 22, 2026, Mahindra EPC Irrigation Limited's Managing Director, Ramesh Ramachandran, provided insights into the micro irrigation industry and the company's performance. He noted that India remains a rapidly growing economy, with agriculture being a significant contributor to its GDP. The company reported a revenue increase of 14.8% for FY26, reaching INR 315.8 crores, despite challenges such as rising raw material prices and delayed fund releases from state governments. Management highlighted the importance of micro irrigation in enhancing water efficiency and productivity, with only 17-18% penetration of its potential in India. The company aims to increase its non-subsidy business, which has grown from 3% to 35% of total revenue. Ramachandran also discussed the impact of geopolitical tensions on raw material costs and the need for improved cash flow management due to high receivables. Overall, the management expressed optimism about future growth opportunities in the sector.
The management highlighted both growth achievements and ongoing challenges in the industry.
Sourced from an exchange-filed transcript, dated 29 Apr 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedMahindra EPC Irrigation Limited (MAHEPC) reported a 3.89% increase in sales turnover to Rs. 272.67 Crores in FY2024-25 compared to Rs. 262.45 Crores in the previous year. Profit before tax rose to Rs. 10.71 Crores from Rs. 2.43 Crores, and profit after tax increased to Rs. 7.21 Crores from Rs. 1.67 Crores. The company did not declare any dividend for the year. The auditor identified revenue recognition and trade receivables impairment as key audit matters due to potential overstatement of revenue and challenges in assessing customer creditworthiness. No material defaults, regulatory actions, or liquidity issues were noted, and the company maintains a 54.21% promoter stake. Corporate governance practices are in compliance with LODR Regulations, and the company has a Risk Management Committee in place.
- Sales turnover grew by 3.89% to Rs. 272.67 Crores in FY2024-25.
- Profit before tax increased to Rs. 10.71 Crores, and profit after tax reached Rs. 7.21 Crores.
- No dividend was declared for the year, and no material defaults or regulatory actions were reported.
- Auditor highlighted revenue recognition and trade receivables impairment as key audit matters.
- Promoters hold 54.21% equity shares, and corporate governance complies with LODR Regulations.
Key takeaway: Mahindra EPC Irrigation Limited showed improved financial performance with higher sales and profits in FY2024-25, but auditors flagged risks related to revenue recognition and trade receivables impairment that investors should monitor.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Default / Covenant Breach
1 occurrenceRecent (last 12 months)
The company has statutory dues in arrears for various taxes and cess, including GST, Income Tax, and others, with amounts ranging from 0.03 Cr to 31.84 Cr, pending before various authorities like Deputy Commissioner of State Tax and Service Tax Appellate Tribunal.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has contingent liabilities from pending litigations involving claims by employees and tax authorities, with uncertain cash outflows and no expected reimbursements.
Earlier (1-3 years ago)
The company has contingent liabilities related to pending legal proceedings, but it is not practicable to estimate the timing of cash outflows as they depend on future judicial decisions.
The company accounts for sales-related warranties on Micro irrigation systems under Ind AS 37 Provisions, Contingent Liabilities and Contingent Assets (refer note no. 14).
Related-Party Transaction
1 occurrenceRecent (last 12 months)
The company entered into a material related party transaction of Rs.20 Crores (aggregate 45 Crore) Inter Corporate Deposit with Mahindra and Mahindra Ltd., a promoter company, without prior shareholder approval. The transaction was repaid on 9th April 2026 and is stated to not prejudice minority shareholders.
Statutory dues in dispute
2 occurrencesEarlier (1-3 years ago)
The company has statutory dues pending for Goods and Service Tax, Income-Tax, and other taxes, with amounts ranging from 0.12 Cr to 25.49 Cr, and disputes pending before various tax authorities.
The company has statutory dues pending for Goods and Service Tax, Income-Tax, and Service Tax, with amounts of 6.83 Cr, 29.93 Cr, and 0.44 Cr respectively, disputes pending before Deputy Commissioner of State Tax, Commissioner, Central GST & Central Excise and Customs, and Commissioner of Central Excise.